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Thai premier faces no-confidence vote in parliament as virus strategy fumbles

Bloomberg Thailand’s Prime Minister Prayuth Chan-Ocha will face a no-confidence vote in parliament as the opposition parties and pro-democracy groups ratchet up pressure on his government as it struggles to contain one of the worst Covid-19 outbreaks in the region. The opposition parties submitted a motion for censure debates and no-confidence votes on Monday against Prayuth and five other ministers, ...

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Merkel’s bloc declines for 2nd straight week in polls

Bloomberg Chancellor Angela Merkel’s party bloc declined for a second consecutive week in a poll that suggests the Social Democrats are gaining ground ahead of Germany’s election in six weeks’ time. The Social Democratic Party, (SDP) which hasn’t held the chancellor’s office since 2005, pulled ahead of the Greens for the first time in a year in the weekly Insa poll, ...

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Bank of Thailand head says virus fight may need $30bn

Bloomberg Thailand’s central bank governor called for an additional 1 trillion baht ($30 billion) in government spending to counter coronavirus, saying the blow to the economy from the pandemic is greater than from the Asian financial crisis in 1997. The government can fund additional spending by borrowing more, Bank of Thailand Governor Sethaput Suthiwartnarueput said on Monday at a briefing ...

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