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Russia opens new criminal case against Kremlin critic Navalny

Bloomberg Russia stepped up pressure on opposition leader Alexey Navalny, who survived a nerve-agent attack he and Western governments have blamed on the Kremlin, opening a new criminal case against him for alleged fraud. The country’s Investigative Committee said Navalny had spent 356 million rubles ($8 million) on personal purposes from donations transferred to various funds, including the Anti-Corruption Foundation ...

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Italy bets on a low-tech plan to green economy, save jobs

Bloomberg Italy is betting that a tax scheme to encourage home renovations will green its economy and create jobs. On the face of it, this low-tech approach is at odds with the European Union’s aim of promoting climate and innovation in exchange for billions of euros of aid money. But the government is convinced that paying citizens to make their ...

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UK house price growth rises to six-year high

Bloomberg UK house price growth rises to a six-year high in December, rounding off a strong 2020 for the market that defied a wider economic downturn. Values climbed 7.3% from a year earlier to an average of 230,920 pounds ($312,800), Nationwide Building Society said on Wednesday. They increased 0.8% from a month earlier. The housing market has boomed in 2020 ...

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