Bloomberg Russia and the US failed to agree on language for a joint statement following a multilateral summit in Cambodia, making it unlikely the Group of 20 nations will reach a consensus in Indonesia either this week. Russian Foreign Minister Sergei Lavrov put the blame on the US and its allies for the lack of communique at the 18-nation East ...

  Bloomberg The commissioner of Customs Border Protection resigned after saying he had been pressured to step down by Homeland Security Secretary Alejandro Mayorkas amid a record number of migrant crossings at the US-Mexico border. “The President has accepted the resignation of Christopher Magnus, the Commissioner of U.S. Customs and Border Protection,” White House spokeswoman Karine Jean-Pierre said in a ...

Bloomberg Germany’s ruling coalition is planning to more than double net federal borrowing next year to help ease the impact of the energy crisis and steer Europe’s largest economy through an expected recession. The government is targeting net borrowing of €45 billion ($45 billion) in 2023, according to people familiar with the plan, who asked not to be identified discussing ...