Bloomberg Libya’s first unified government in seven years was sworn in, as a political reconciliation that seeks to end almost a decade of conflict in the Opec member gathers pace. Officials took the oath of office on Monday at the parliament in Tobruk, eastern Libya. The new cabinet, headed by Prime Minister Abdul Hamid Mohammed Dbeibah, is set to take ...

Bloomberg Boris Johnson moved to ease tensions over police handling of a vigil to support a woman who was murdered in London, after a second day of protests that drew hundreds of people despite the coronavirus lockdown. The UK prime minister’s effort is a response to controversy over the death of 33-year-old marketing executive Sarah Everard, who disappeared on March ...

Bloomberg Republican members of Congress are trooping to the US-Mexico border to put a spotlight on a surge of migrants at the frontier that they say is the result of President Joe Biden’s shift from the hardline immigration policies of his predecessor. Less than two months into Biden’s term, both parties are already framing their messages on immigration — a ...

Bloomberg Ugandan police returned opposition leader Bobi Wine to his home and encircled the property hours after arresting him during a protest over human-rights abuses by security agents against his supporters. The politician — whose real name is Robert Kyagulanyi — was “arrested as he led MPs and other leaders in a peaceful protest against the abduction, torture and murder ...

Bloomberg The Canadian dollar is outperforming all of its major peers this year, and several analysts see room for more gains as the economic recovery picks up, bolstering speculation about reduced stimulus. Data showing stronger-than-expected job growth in February provided the impetus for the loonie to climb to a three-year high, even as the US currency rises against the majority ...

Bloomberg A SPAC backed by Martin Blessing, Commerzbank AG’s former chief executive officer (CEO), plans to list in Amsterdam and target investments in financial services and technology companies. The special purpose acquisition company, EFIC1, will seek to raise as much as $496 million and seek out companies in Europe, including the UK, according to a statement on Monday, confirming an ...

Bloomberg Denmark’s central bank adjusted its toolbox to help it steer money market rates and ultimately the krone, which is pegged to the euro. The bank called the changes “technical” in nature, and “not intended to influence the level of the money market rates or the Danish krone,” according to a statement. The goal is to “ensure more stable money ...

Bloomberg The European Central Bank (ECB) pledged to ramp up buying government debt in coming months in a bid to a contain rising bond yields that threaten to derail the region’s economic recovery. Policy makers expect purchases in the next quarter “to be conducted at a significantly higher pace than during the first months of this year,” according to a ...

Bloomberg At next week’s policy review, the Bank of Japan (BOJ) is considering releasing an analysis of the potential impact of lowering its negative interest rate to show its determination to use this option if needed, according to people familiar with the matter. BOJ officials say the assessment would hint at the likely results of a lower negative rate on ...

Bloomberg Rising yields at India’s latest government bond auction are signalling the central bank may be reluctantly accepting higher borrowing costs amid a global rout. The Reserve Bank of India (RBI) sold some of 10-year debt at 6.22%, compared with about 6% in previous auctions. That’s after a spike in US Treasury yields and oil prices pushed borrowing costs higher ...