Bloomberg South Africa’s ruling African National Congress (ANC) is unlikely to win a majority in Johannesburg, the nation’s largest city, or the capital Pretoria in forthcoming municipal elections, a News24 poll showed. The ANC’s support in Johannesburg could fall to 41% if half of eligible voters turn out for the November 1 elections, News24 reported, citing the poll it commissioned. ...

Bloomberg UK Chancellor of the Exchequer Rishi Sunak dismissed questions about whether he wants to become PM, saying that he is “tired enough anyway.” The chancellor made the comments in an interview with The Times newspaper on Saturday, in which he also discussed the risks of rising interest rates and the need to rein in public spending ahead of his ...

Bloomberg The US posted the second-largest annual budget deficit on record for 2021 as pandemic-relief spending sustained the federal government’s massive borrowing needs. The deficit for the fiscal year through September was $2.77 trillion, compared with the $3.1 trillion peak seen in the previous year, a Treasury Department report shows. Treasury Secretary Janet Yellen and acting White House budget director ...