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Netherlands police fire shots on rioters

Bloomberg Violent demonstrations broke out in Rotterdam over the Netherlands’ virus restrictions, with the police firing warning shots and deploying a water canon to push back the crowd. The police said in a statement that two people were injured “related to the fired shots” but said details of the injuries were unclear. Tweets showed at least one car on fire ...

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UK budget deficit exceeds forecasts as debt costs triple

Bloomberg The cost of servicing UK government debt more than tripled in October from a year earlier due to surging inflation, leaving the budget deficit higher than economists forecast. Interest costs were 5.6 billion pounds ($7.6 billion) compared with 1.8 billion pounds in the same month in 2020, the Office for National Statistics (ONS) said. In the first seven months ...

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IMF backs $50 billion credit line to Mexico

Bloomberg The International Monetary Fund’s (IMF) executive board approved a $50 billion credit line for Mexico, reducing the amount it extended in previous years as it argues that the nation’s economic prospects have improved. The two-year flexible credit line, which is designed for crisis prevention, is Mexico’s ninth such consecutive agreement, and is about 20% less than the amount approved ...

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