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British officials defend Johnson aide’s travel

Bloomberg UK government officials defended Boris Johnson’s chief adviser Dominic Cummings, who is facing calls to resign after reports that he broke the UK government’s lockdown rules. Cummings “believes he behaved reasonably and legally,” according to a statement from an unidentified spokesman for 10 Downing Street. He was seen more than 250 miles (400 kilometres) from his London home shortly ...

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Biden says he was ‘cavalier’ in remarks on black voters

Bloomberg Joe Biden said he should not have been “cavalier” about support from African Americans and insisted he does not take black voters for granted after a backlash over his comments earlier in the day that if a voter is still undecided, “you ain’t black.” “I shouldn’t have been such a wise guy,” he said on a call with the ...

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Record Italian bond sale will cost taxpayers extra $1.6bn

Bloomberg Italy’s record bond sale this week has cast a light on the price tag of the country’s political tension with the European Union (EU). The government’s decision on financing its pandemic costs will saddle taxpayers with 1.6 billion euros ($1.8 billion) of interest expense over the five-year life of the security. That’s 1.5 billion euros more than if Rome ...

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