Bloomberg Pakistan lawmakers are set to vote in opposition leader Shehbaz Sharif as the next prime minister after former cricket star Imran Khan was ousted in a no-confidence motion that ended his four-year run. A united opposition bloc cobbled together 174 lawmakers to vote against Khan in Islamabad, two more than required to remove him from office. Parliament convenes again ...

Bloomberg Nato Secretary General Jens Stoltenberg said military commanders are working on plans for a permanent troop presence on the alliance’s eastern border in response to Russia’s invasion of Ukraine, the Telegraph reported. Stoltenberg said Nato is envisaging a “reset” that would shift the role of troops in eastern European member countries from serving as a tripwire in case of ...

  Bloomberg Hong Kong’s leading candidate for the city’s top government job has secured enough nominations required for the leadership race just a day after John Lee kicked off his campaign, according to the South China Morning Post. The city’s former chief secretary received more than 200 nominations as of Sunday, the newspaper reported Chan Yung, a deputy director for ...

Bloomberg Prime Minister Boris Johnson met with Ukrainian President Volodymyr Zelenskiy in a previously unannounced trip to Kyiv, pledging additional military aid and other support. Zelenskiy after the meeting hailed Johnson as “one of the most principled opponents of the Russian invasion” and said he expects the UK will play a “key role” in security guarantees for Ukraine. The pair ...

Bloomberg Australia will hold a national election on May 21, after a six-week campaign period which center-right Prime Minister Scott Morrison hopes will bring him another come-from-behind victory. Morrison’s Liberal National coalition is currently trailing the opposition Labor Party in opinion polling, but he was in a similar position ahead of the 2019 election and narrowly won another term in ...

Bloomberg French voters went to the polls Sunday in the lowest numbers in 20 years despite a tight race between Emmanuel Macron and nationalist leader Marine Le Pen. French elections often throw up surprising twists, and this one didn’t disappoint. An early belief the vote would be a repeat of 2017, when Macron faced Le Pen and easily won, was ...

  Bloomberg UK companies are jacking up starting salaries at a record pace, and some of the country’s biggest grocery chains are already raising pay as labour shortages hand workers unprecedented bargaining power. The latest signs of wage pressures may add to concern at the Bank of England (BOE), which has raised interest rates three times since December to slow ...

  Bloomberg Los Angeles plans to electrify its fleet of more than 10,000 vehicles as part of an effort to become one of the first US cities to rely on carbon-free energy by 2035. The Electric Vehicle Master Plan was unanimously approved by the LA city council. The switch to electric vehicles will start at the city’s largest departments of ...

  Bloomberg Mexico’s annual inflation accelerated more than expected in March to its highest level in over two decades led by fuel prices, putting additional pressure on the central bank to continue boosting interest rates. Consumer prices rise 7.45% from the same month a year earlier, above 7.38% median estimate of economists , the national statistics institute reported. On a ...

  Bloomberg Finance Minister Chrystia Freeland is imposing a one-time windfall levy on Canada’s major banks and permanently increasing their income tax rate, fulfilling an election promise that has raised the ire of the industry’s top executives. The measures will force banks and insurance companies to pay an additional C$6.1 billion ($4.8 billion) in tax over five years, according to ...