Bloomberg Pakistan’s Prime Minister Imran Khan has lost the support of a major coalition partner, paving the way for the former cricketer’s likely ouster after completing a difficult three-and-half years in office. The Muttahida Qaumi Movement-Pakistan, the Karachi-based party known as the MQM, is exiting from Khan’s cabinet and it is withdrawing its support to the government, said Convener Khalid ...

  Bloomberg The economic damage from the war in Ukraine is worsening across Europe as already-record inflation soars further and Germany faces a danger of recession because of its dependence on Russian energy. President Vladimir Putin’s invasion has sapped euro-area confidence and sent consumer-price expectations to their highest level since records began in 1985. In Spain, inflation surged by almost ...

  Bloomberg Argentina’s economy contracted in January as a surge in coronavirus cases due to the omicron variant weighed on industrial manufacturing. Economic activity in January falls 0.5% from the prior month, better than analysts’ median estimate for a 1% contraction. From a year ago, the economy expanded 5.4% in the first month of the year, according to government data. ...