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German, Russian officials to meet to discuss Ukraine

  Bloomberg German Chancellor Olaf Scholz’s foreign policy adviser Jens Ploetner and Russia’s Ukraine negotiator Dmitry Kozak agreed to meet next month to try to reduce tensions over Ukraine, Reuters reported, citing an unidentified German government source. Germany wants to quickly revive the “Normandy format,” referring to multilateral talks involving Ukraine, Russia, France and Germany, the person told Reuters. The ...

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US consumer prices rise 5.7% in November, fastest in 39 years

  Bloomberg US consumers took a breather in November a month after an early holiday spending surge, but that pause risks becoming more lasting if Americans pull back when faced with both the fastest inflation in decades and the omicron variant. Purchases of goods and services, after adjusting for higher prices, were little changed following a solid 0.7% gain in ...

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Canada plans to join Mexico in complaint on US car-origin rules

  Bloomberg Canada plans to formally join Mexico in calling for an arbitration panel to resolve a dispute with the US over how to interpret rules governing the origin of vehicle parts. The two countries expect to request in the first days of January the creation of a tribunal of experts to rule on the matter as allowed under the ...

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