Bloomberg Pakistan is cutting electricity to households and industry as the cash-strapped country can no longer afford to buy coal or natural gas from overseas to fuel its power plants. The South Asian nation is struggling to procure fuel from the spot market after prices of liquefied natural gas and coal surged to records last month as the war ...

Bloomberg The Chinese Communist Party’s flagship newspaper called on the nation to support President Xi Jinping’s Covid Zero strategy, showing any shift in policy is unlikely even as lockdowns in Shanghai and elsewhere threaten to hurt the economy. In a front-page commentary, the People’s Daily said Xi’s strategy to snuff out the virus has proven “correct and effective” and China ...

Bloomberg The Paris prosecutor is looking into allegations that nationalist leader Marine Le Pen and several of her party members misused hundreds of thousands of euros of European Union funds between 2004 and 2017 when she was a member of the European Parliament, with just a week left before she stands in the final round of the French presidential election. ...