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Scholz rallies party behind measures to fight Covid

Bloomberg Olaf Scholz called on his party to make the fight against the coronavirus the new German government’s foremost task as his party approved the coalition agreement that moves him a step closer to replacing Angela Merkel as chancellor. “It is clear that our first and most important task is to protect the health of the citizens and to fight ...

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Venezuelan vote marred by government intrusion

Bloomberg Venezuela’s recent elections were marked by unfairness and political repression, but in a positive change from recent years, they did allow greater participation for the opposition, Jimmy Carter’s Carter Center wrote in a report. While the opposition got more votes, the ruling party won most of the available positions amid low turnout and voter apathy following years of economic ...

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Westpac to pay $80.6mn for charging dead people

Bloomberg Westpac Banking Corp agreed to pay A$113 million ($80.6 million) in penalties after the Australian regulator alleged the lender had widespread compliance failures that included charging dead people. The case includes a claim that Westpac charged more than A$10 million ($7.01 million) in fees for financial advice to over 11,000 deceased customers over a 10-year period, according to a ...

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