BLOOMBERG Dutch Prime Minister Mark Rutte announced that he is leaving politics after his coalition government collapsed amid infighting over migration policy. Addressing Dutch lawmakers in The Hague, Rutte said that he is stepping down as leader of his party after 13 years in power. The country’s longest-serving premier had been facing a vote of no confidence in parliament but …

BLOOMBERG Germany can’t make good on its Nato commitment to spend at least 2% of economic output on the military in the longer term unless it increases its core defense budget markedly, according to the Ifo Institute. Shifts in some spending out of the regular budget mean Germany will have to use about one-third of its €100 billion special armed …

BLOOMBERG Joe Biden was expected to meet Prime Minister Rishi Sunak for talks on Ukraine during a brief visit to the UK on Monday, after allies questioned the US decision to send cluster bombs to support Volodymyr Zelenskiy. “Our relationship is rock solid,” the US president said as he met Sunak in Downing Street. “Couldn’t be meeting with a closer …