Bloomberg Now Germany is deploying its financial firepower to fight the coronavirus crisis, convincing the country that it was wrong to shun budget deficits for many years just got even harder. The government of Europe’s biggest economy has long faced calls by officials from the International Monetary Fund (IMF) and the European Central Bank (ECB), to the US administration of ...

Bloomberg North Korea fired multiple missiles from its eastern coast on Tuesday, in a show of military might ahead of parliamentary elections in South Korea. The projectiles were fired on Tuesday from sites near Munchon and neighbouring Wonsan on the east coast, the South Korean Ministry of National Defense said in a statement. North Korea launched short-range cruise missiles from ...

Bloomberg Austrians lined up outside hardware and gardening stores that reopened on Tuesday after the country became one of the first in Europe to ease lockdown measures. The soft and partial restart of the economy — also one of the first to clamp down on public life to halt the spread of the coronavirus — will be eyed by others ...