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Libya rival parliaments hold talks on new government

Bloomberg Libya’s two rival parliaments began meeting for the first time to discuss a proposed unity government that would lead the war-torn Opec member until elections in December. Monday’s joint session involving lawmakers from the Tobruk-based parliament, which backed eastern military commander Khalifa Haftar, and the rival assembly headquartered in Tripoli, the capital, is taking place in the central coastal ...

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Republican reopenings sharpen political divide over virus

Bloomberg Decisions by two Republican governors to remove all coronavirus restrictions in their states have reignited the political debate on the pandemic response, elevating it as a campaign issue this year and in 2022. Republicans Greg Abbott of Texas and Tate Reeves of Mississippi announced last week they’re eliminating state mask mandates and allowing businesses to reopen at full capacity, ...

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India looks set to weather global bond rout with record reserves

Bloomberg India’s record foreign-exchange reserves and a rare current-account surplus look set to cushion the nation’s currency and bonds from a global surge in interest rates. While the central bank does have its hands full managing the government’s large debt issuance, strategists see the country in a much stronger financial position now than it was during previous bouts of turmoil ...

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