Bloomberg The US is set to pass legislation ramping up weapons sales to Taiwan and restricting government use of Chinese semiconductors, strengthening the White House’s hand while excluding measures considered most objectionable to Beijing. Language in the must-pass annual defense legislation reflects how lawmakers on both sides of the aisle have shown a growing willingness to confront China, despite White ...

  Bloomberg Croatia won the EU’s endorsement to join the region’s visa-free travel area while Bulgaria and Romania’s bid was delayed. EU home affairs ministers agreed in Brussels that Croatia should be allowed to join the so-called Schengen area on January 1. This means the country will no longer be bound by the bloc’s internal border controls and paves the ...

Bloomberg Citigroup Inc is seeing countries around the world roll into recessionary environments, with the US economy on track to follow them in the second half of next year, said Chief Executive Officer Jane Fraser. The New York-based bank is worried in particular about Europe, which Fraser said has already entered a recession. It may take years for countries across ...