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Germany borrows $34b more this year to pay for stimulus

Bloomberg German Finance Minister Olaf Scholz is planning to raise more debt this year and next to help pay for the government’s massive stimulus program. Scholz will propose to raise debt by at least 30 billion euros ($33.9 billion) in a supplement to this year’s budget that will require parliamentary approval, according to people familiar with the discussion. Further borrowing ...

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Zuckerberg pledges to review content policies

Bloomberg Facebook Inc. Chief Executive Officer Mark Zuckerberg said the company will review content policies after employees blasted their leader for his decision to leave up controversial posts from US President Donald Trump. The company will review policies on posts that promote or threaten state use of force or voter suppression techniques, and will also look into options for flagging ...

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Spain’s stimulus spending binge needs debt-cut plan, says de Cos

Bloomberg Bank of Spain Governor Pablo Hernandez de Cos is keeping up pressure on the government and lawmakers to ensure emergency spending on the coronavirus crisis is accompanied with a long-term plan to address the debts it will incur. “The measures have to include prudent forecasts about what would be the results of proposed spending cuts or of a proposed ...

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