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Bloomberg French voters headed to the polls for the second time in two weeks to conclude a presidential election in which incumbent centrist Emmanuel Macron has the advantage in surveys over nationalist Marine Le Pen. The candidates’ plans are diametrically opposed. At home, Macron, is sticking to his credo of pro-business overhauls — including an increase in the retirement age ...

Bloomberg North Korea was expected to show signs of holding a huge military parade on April 24 where it would showcase its latest strategic weapons and celebrate the anniversary of its army, Yonhap News reported. The parade at Kim Il Sung Square may involve 20,000 troops, while rehearsals had more than 250 pieces of military equipment on display, the report ...

Bloomberg As Russia’s invasion of Ukraine enters its third month, US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin are preparing to visit Kyiv. President Volodymyr Zelenskiy hailed accelerated weapons supplies that he said could help Ukraine step up its counteroffensive, and said the Americans “should not come here with empty hands.” Russia said it struck a “large ...

  Bloomberg The Solomon Islands should be “really careful” in its security pact with China, Australian Deputy Prime Minister Barnaby Joyce said, warning the Pacific nation could become beholden to the Asian nation. Joyce said on Australia’s national broadcaster that while he accepted the Solomon Islands’ pledge that there would not be a permanent Chinese military presence on the territory, ...

Bloomberg Changing UK leader now would be “seriously damaging to the country,” the chairman of the ruling Conservative Party said as calls continue for PM Boris Johnson to resign. Oliver Dowden told Sky News he expects Johnson to lead the party into the next general election, expected in about two years. Johnson will face a parliamentary ethics inquiry into his past ...

Bloomberg Slovenian Prime Minister Janez Jansa is fighting an uphill battle in elections that may rid the European Union of a leader who has challenged its democratic values. Against the backdrop of the war in Ukraine, and as fellow EU member France votes over whether to give President Emmanuel Macron a new term or replace him with right-wing standard bearer ...

Bloomberg Japan and South Korea look set to try to revive a relationship that has hit new depths in recent years, with President-elect Yoon Suk Yeol offering an olive branch to Tokyo weeks before US President Joe Biden is likely to visit both countries. Yoon, who takes office on May 10, is sending a group of South Korean lawmakers and ...

  Bloomberg Germany will increase borrowing plans by nearly 40 billion euros ($43 billion) this year to cushion the effect of the war in Ukraine, taking the total for net new debt to almost 140 billion euros, according to three people familiar with the matter. The adjustment is needed to help finance a range of government measures designed to offset ...

  Bloomberg Britain’s inflationary shock combines the worst of America’s problems with the worst of Europe’s and will be harder for policy makers to address than in any other leading industrialised nation, the head of the International Monetary Fund’s European department said. Alfred Kammer, the IMF’s European director, said prices in the UK will remain elevated for longer than other ...

  Bloomberg Sales of previously owned US homes fall in March to the lowest since June 2020 as historically low inventory paired with rising mortgage rates curbed purchases. Contract closings decreased 2.7% in March from the prior month to an annualised 5.77 million, figures from the National Association of Realtors showed. The figure was in line with estimates in a ...