Bloomberg Tensions are rising in the largest party in Malaysia’s ruling coalition over whether a general election should be held amid the nation’s worsening coronavirus epidemic. Ties between Prime Minister Muhyiddin Yassin’s Bersatu party and United Malays National Organisation, his key ally, have steadily deteriorated since UMNO threatened to pull out of the coalition in October, even though Muhyuddin survived ...

Bloomberg Europe’s latest lockdowns are presenting citizens with even more hurdles to spending money, swelling already-hefty savings that stand ready to fuel the recovery once vaccines tame the pandemic. Households in the euro zone accumulated a mountain of cash when businesses shut in the spring. Now in a lengthening second wave of closures, they are sitting on about $615 billion ...

Bloomberg Chancellor Angela Merkel extended Germany’s lockdown and tightened restrictions as pressure mounts on her government to contain the coronavirus spread and speed up vaccinations. With hundreds dying each day, political tensions have been high and threaten to escalate further amid a rising tide of criticism over the government’s strategy to distribute a Covid-19 shot. At an ill-tempered meeting, Merkel ...