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Power crisis triggers water cuts in S Africa’s economic hub

Bloomberg Parts of Johannesburg, South Africa’s economic hub, are being subjected to renewed water-supply cuts as ongoing electricity shortages disrupt pumping operations. A power failure at Rand Water’s Eikenhof pump station, which supplies reservoirs in several high-lying areas of Johannesburg, resulted in critically low levels of supply, the municipality said on Twitter on Monday. While repairs have been completed, it ...

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Olaf Scholz seeks to end China’s lithium dominance in S America

Bloomberg Chancellor Olaf Scholz is using a trip to Latin America to help Germany secure additional supplies of the lithium that car giants like Mercedes-Benz Group AG and Volkswagen AG need for their electric-vehicle batteries. Chile is the world’s second-largest supplier of lithium after Australia and much of its output is currently gobbled up by China. Scholz, who met with ...

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Denmark plans extra $340 million inflation aid targeting seniors

  Bloomberg Denmark proposed to spend an extra 2.3 billion kroner ($340 million) on inflation aid, mainly targeting senior citizens. The government will now start talks with opposition parties in parliament to reach a broad deal and decide on the details, Finance Minister Nicolai Wammen told reporters in Copenhagen on Monday. Consumers in Denmark have been hit heavily by accelerating ...

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