To help fight inflation, Joe Biden ought to take a page out of his former boss’ book: He should make a strong pitch for taxing the rich to reduce the federal budget deficit. From the day his party suffered a massive midterm “shellacking” straight through his successful re-election campaign, Barack Obama branded the Democrats as the party of deficit ...

Bloomberg President Joe Biden sought to clarify his call for the removal of Vladimir Putin, saying he wasn’t seeking regime change after European allies raised concern and critics said he was further inflaming tension with Russia. French President Emmanuel Macron and the UK government distanced themselves from Biden’s stunning comment, which capped a speech in Warsaw to rally support for ...

Bloomberg Russian Foreign Minister Sergei Lavrov will visit New Delhi this week, The Hindu newspaper reported, citing unnamed officials. The visit would the highest-level visit from Moscow since Vladimir Putin’s attack on Ukraine. Indian and Russian officials are expected to discuss the sale of Russian crude oil to India and also work out a rupee-ruble denominated payment method for oil ...