Bloomberg German Chancellor Olaf Scholz is getting left behind by the international effort to help Ukraine stand up to Russia and has no obvious way back into the fold. The 63-year-old Social Democrat has resisted directly supplying tanks and other heavy weapons to Ukraine and opposed an embargo of Russian oil and gas. His policies have him in a tight ...

  Bloomberg Boris Johnson abandoned a bid to delay a vote on whether Parliament should investigate his past comments on “partygate,” as opposition lawmakers accused him of lying over rule-breaking during the pandemic. The UK prime minister, who is in India pushing for a trade deal, is missing the debate which started on Thursday in the House of Commons. Opening ...

  Bloomberg Traders are betting the European Central Bank (ECB) will raise rates above zero this year for the first time since 2012, after a string of hawkish comments from policy makers spurred speculation the bank is priming the market for faster-than-expected monetary tightening. Money markets are pricing 75 basis points of interest-rate hikes by the ECB’s December decision, according ...