Bloomberg Algeria closed its airspace to French military planes, escalating a row between the North African nation and its former colonial ruler over comments attributed to President Emmanuel Macron. Two planned logistical support flights heading to Africa’s Sahel region were denied permission to cross Algeria on Sunday and have been postponed, according to French army spokesman Colonel Pascal Ianni. The ...

Bloomberg The Czech central bank pledged to keep raising borrowing costs after lifting interest rates by the most in nearly a quarter century, pushing the koruna higher and angering the government with the European Union’s most aggressive anti-inflationary campaign. Policy makers increased the benchmark rate by 75 basis points to 1.5%, exceeding expectations for a half-point increase. The move followed ...

Bloomberg Citigroup Inc predicts India’s central bank will raise its reverse repo rate next week rather than the December increase expected earlier, becoming one of the first big banks to forecast the rollback of emergency measures as growth recovers and inflation expectations stay high. Governor Shaktikanta Das will probably announce on October 8 a 15 basis point increase in the ...