Bloomberg Russian authorities said they’d opened another criminal case against jailed opposition leader Alexey Navalny and his allies, this time alleging they created an illegal “extremist organisation.” If convicted, Navalny and his colleagues could face as much as a decade in prison. The probe is the latest in a rising tide of legal pressure prosecutors and investigators have put on ...

Bloomberg Top Pentagon officials will be pressed to explain whether they supported President Joe Biden’s withdrawal from Afghanistan and why the US didn’t foresee the Afghan military’s collapse to Taliban forces, forcing a hasty American withdrawal. Defense Secretary Lloyd Austin, General Mark Milley, chairman of the Joint Chiefs, and General Frank MacKenzie, head of US Central Command, are expected to ...

Bloomberg Brazil’s government plans to keep a cushion of at least 1 trillion reais ($190 billion) in cash next year to face local debt maturities as it braces for possible market turbulence in the run-up to presidential elections, according to Treasury Secretary Jeferson Bittencourt. The Treasury had a hard time in 2020, when investors concerned with President Jair Bolsonaro’s big ...