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UK to fine $13,000 for breaking isolation rules

Bloomberg The UK will issue fines of as much as 10,000 pounds ($13,000) for people who break self-isolation rules, marking the latest bid to curb the recent jump in coronavirus cases across the country. Penalties will start at 1,000 pounds for breaking the restrictions starting from September 28, the prime minister’s office said in a statement. Charges will increase for ...

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Canada’s populous province extends caps on gatherings

Bloomberg Canada’s most populous province extended local caps on the size of gatherings across the region as new infections surge to their highest levels in months. In three areas of Ontario, Premier Doug Ford had previously set a limit of 10 people for indoor events and 25 for outdoor ones. His government announced those curbs would be extended province-wide. “This ...

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Germany is planning new borrowing of $114b in 2021

Bloomberg Germany’s federal government is planning new borrowing of 96.2 billion euros ($114 billion) next year, as Europe’s biggest economy seeks to spend its way out of the deep recession caused by the coronavirus pandemic. Chancellor Angela Merkel’s ruling coalition abandoned a long-standing policy of running balanced budgets in March, and new debt is set to swell to a record ...

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