Bloomberg The cost of pollution is headed for its biggest weekly gain in more than two years in Europe on optimism that the economy is preparing to snap back from coronavirus-imposed lockdowns. After falling 25% in March, the price of permits to emit carbon dioxide is still well below where it started the year. The gains are a sign that ...

Bloomberg Canadian lawmakers approved a bill to subsidise wages by 75% in a bid to stabilize the economy as Prime Minister Justin Trudeau called the coronavirus his generation’s greatest challenge yet. The flagship C$73 billion ($52 billion) program — more than one-quarter of the government’s emergency fiscal plan to date — was passed in an emergency sitting of the House ...

Bloomberg Russian President Vladimir Putin’s government plans to dramatically ramp up stimulus measures to prop up an economy that is lurching towards recession. The government will roll out about 1 trillion rubles ($13.5 billion) of new spending, according to two people familiar with the plans, who asked not to be named because discussions are ongoing. Some of the money will ...