For a man who swept to office almost eight years ago vowing to restore Japan’s economic vitality after two decades of malaise, going back to the starting line must be particularly painful for Shinzo Abe. Japan’s longest serving prime minister, Abe has huge parliamentary majorities and no internal challengers to his command of the ruling Liberal Democratic Party. Yet despite ...

Bloomberg The world’s largest oil producers are hammering out the terms of an unprecedented deal to mitigate the devastating impact of the coronavirus crisis as they prepare for an extraordinary meeting this week. Saudi Arabia and Russia are closing in on an agreement to curb output, which could drain some of the oil surplus threatening to overwhelm storage tanks and ...

Bloomberg It’s crunch time for the European Union (EU) as it strives to overcome internal differences and agree to a plan that would stem a virus-led downturn, which may eclipse the severity of the Great Recession more than a decade ago. The EU’s finance ministers on Tuesday will seek to endorse a list of measures worth more than half a ...