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North Korea confirms latest missile tests

North korean leader presides over workers' party meeting

  Bloomberg North Korea confirmed launches of four missiles this week, as Kim Jong Un ramped up weapons-testing to a record pace in an effort to signal displeasure with the US over economic sanctions. The tests included the launch of two long-range cruise missiles Tuesday that flew for 1,800 kilometers before striking an island off the peninsula’s eastern coast, the ...

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Portuguese vote to pick premier to oversee the economic rebound

Bloomberg As populism tested the ability of Europe’s mainstream parties to adapt, one country stood out as an exception: Portugal. General elections on Sunday are likely to cement its status as an oasis for the political center. Yet it’s not without risks. Prime Minister Antonio Costa of the center-left Socialist Party has only a slight edge in some polls over ...

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Euro area outlook darkens with Germany on brink of recession

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  Bloomberg The euro area economy kicked off 2022 on a weak footing, with pandemic restrictions taking a toll on confidence and growing fears that Germany may be on the brink of a recession for the second time since the crisis began. A sentiment gauge by the European Commission fell to 112.7 in January, the lowest in nine months, driven ...

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