Bloomberg The Ukrainian President Volodymyr Zelenskiy, who campaigned on promises to lead for just one term, said he’d consider a second as the challenges facing his country have grown. “I’ll think about a second term,” Zelenskiy told a news conference on Wednesday in Kiev marking his first year in the job. “One term won’t be enough to complete the whole ...

Bloomberg Treasury Secretary Steven Mnuchin said he plans to use all of the $500 billion that Congress provided to help the economy through direct lending from his agency and by backstopping Federal Reserve lending programs. Mnuchin said he has pledged to use $195 billion of those funds so far, and will use the rest after determining how best to deploy ...

Bloomberg UK inflation slowed to the weakest level since 2016 in April as energy prices fell and the coronavirus lockdown put the brakes on economic activity. The prospect of persistently low inflation will fuel speculation that more action is needed from the Bank of England, intensifying the debate among policy makers over taking rates below zero for the first time. ...