Bloomberg The violent siege by extremists at a popular hotel in Somalia’s capital, Mogadishu, ended around midnight Saturday, local police said. A final death toll is pending from Somalia’s ministry of health. Earlier estimates suggest at least 20 people died when members of al-Shabaab stormed the Hayat Hotel on Friday night after first setting off bombs outside. “As our ...

Bloomberg Drought and extremely high temperatures made worse by climate change across Europe have led to record levels of fire activity in the continent, with blazes burning through an area roughly equivalent to one-fifth of Belgium. Wildfires in the European Union have consumed 660,249 hectares (1,631,511 acres) of land for the year through August 13, according to data from the ...

  Bloomberg UK government borrowing came in higher than forecast in the first four months of the fiscal year as soaring inflation drove up debt costs. A larger-than-forecast £4.9 billion budget deficit in July took the total for 2022-23 so far to £55 billion pounds — £3 billion more than officials forecast in March. Debt-servicing costs surged by 81% from ...