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Czech turmoil as president in ICU after vote

Bloomberg Czech President Milos Zeman was rushed to the hospital over complications related to his chronic health problems, a development that may snarl government negotiations after his ally suffered a shock election defeat. Zeman, 77, has spent the past years in a wheelchair suffering from diabetes and neuropathy. A staunch supporter of Russia and advocate of deepening ties with China, ...

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German Greens, Liberals spar over budget matters

Bloomberg Talks to form a three-way coalition government in Germany risk getting bogged down over finance and budget matters, based on divergent policy objectives outlined by leaders of the two junior parties over the weekend. Volker Wissing, secretary-general of the business-friendly FDP, said his party won’t accept tax increases or a loosening of the so-called debt brake, according to a ...

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Canada’s surprise jobs surge recoups all pandemic losses

Bloomberg Canada has recovered all of the roughly three million jobs lost to Covid-19. The country’s economy added 157,100 jobs in September, returning the labour market to pre-pandemic levels, Statistics Canada said in Ottawa. That compares with economists’ expectation of 60,000 new jobs, according to the median estimate in a Bloomberg survey. The unemployment rate fell to 6.9% from 7.1% ...

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