While Britain’s vaccination program has been going full-tilt, life in the country remains in suspended animation. A new strategy was overdue, but which one? Many lawmakers in Boris Johnson’s Conservative Party have been demanding that he lift lockdown restrictions and reopen the economy. Infections, hospitalisations and deaths have been on a downward slope, helped by social distancing and perhaps seasonal ...

It’s less than a year since European Central Bank (ECB) President Christine Lagarde was forced to backtrack after her comment that “we’re not here to close spreads” roiled bond markets. As rising US Treasury yields drive European borrowing costs higher, she now faces the prospect of having to intervene to cap outright levels. With commodity prices near an eight-year high, ...

Bloomberg Joe Biden and Canadian Prime Minister Justin Trudeau said their nations would adopt a unified approach toward the pandemic, climate change and China, setting aside trade and other tensions in what the White House called the new US president’s first bilateral meeting. After about a two-hour virtual meeting between the two leaders and their staffs, Biden said that they ...