BLOOMBERG Germany can’t make good on its Nato commitment to spend at least 2% of economic output on the military in the longer term unless it increases its core defense budget markedly, according to the Ifo Institute. Shifts in some spending out of the regular budget mean Germany will have to use about one-third of its €100 billion special armed …

BLOOMBERG Joe Biden was expected to meet Prime Minister Rishi Sunak for talks on Ukraine during a brief visit to the UK on Monday, after allies questioned the US decision to send cluster bombs to support Volodymyr Zelenskiy. “Our relationship is rock solid,” the US president said as he met Sunak in Downing Street. “Couldn’t be meeting with a closer …

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of congratulations to Salva Kiir Mayardit, President of the Republic of South Sudan, on his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin …