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Germany faces $1trn challenge to plug its massive power gap

BLOOMBERG Germany has set aside more than €260 billion ($275 billion) to deal with the immediate risks of an energy crisis triggered by Russia’s war in Ukraine, but the ultimate fix will be much costlier — if the country can pull it off at all. The pending price tag for future-proofing the country’s energy system is projected to amount to ...

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Thai election campaign intensifies with key parties promising perks

BLOOMBERG Thailand’s major political parties are ramping up their policy promises to cement a foothold in regional bastions ahead of a general election in May. Campaigning in north Thailand’s Chiang Rai province, the main opposition Pheu Thai Party vowed to triple farmers’ income during the first four years in office if elected. That will be achieved by introducing new farming ...

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India’s ‘new alliance’ take on Modi in 2024 vote

BLOOMBERG India’s main opposition Congress party said it will forge alliances with some regional groups to challenge Prime Minister Narendra Modi’s government in next year’s general elections. Congress had formed coalition governments from 2004 to 2014 with “friendly allies” and will forge alliances with like-minded political groups for the 2024 polls, party President Mallikarjun Kharge said. Congress’ top leadership are ...

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