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Bloomberg Russian prosecutors ordered Alexey Navalny’s national network of campaign offices to suspend operations because of alleged “extremism,” deepening the crackdown on allies of the jailed opposition leader. The order bans the groups from posting online, organising events and using bank accounts pending a permanent court ruling, according to a copy posted in Twitter by Navalny’s allies. The Moscow City ...

Bloomberg Vice President Kamala Harris finds herself navigating strained relations with the leaders of Central American countries that have produced a surge of migrants to the US, vastly complicating her assignment to curb a growing humanitarian crisis on the southwest border. Most would-be immigrants are from the so-called Northern Triangle — Guatemala, Honduras and El Salvador -– and their economies ...

Bloomberg Finland’s government resumed talks to overcome disagreements over budget plans that pushed it to the brink of a breakup during the weekend. The negotiations intended to hammer out a spending framework for the next four years ended up exposing tensions within the five-party coalition half way through its term. Social Democrat Prime Minister Sanna Marin and the left-leaning parties ...

Bloomberg Chad’s ruling junta rejected a call by a group of rebels for talks and asked Niger to help catch their leader who it believed is within its neighbour’s borders. The Libya-based rebel group known as the Front for Change and Concord in Chad has been fighting to overthrow the government since 2016. It , staged an incursion into northern ...

Bloomberg Prime Minister Mario Draghi goes to Parliament to present details of his 235 billion-euro ($284 billion) plan to re-engineer Italy’s economy that will be a test of the European Union’s (EU’s) post-pandemic recovery fund. Draghi’s plan taps 191.5 billion euros in EU grants and loans plus 30 billion euros in domestic funding and other small amounts of separate EU ...

Bloomberg German businesses unexpectedly became more pessimistic about the economic outlook as the country continues to battle a stubbornly high rate of coronavirus infections and supply constraints weigh on the recovery. The Ifo institute’s gauge of expectations for the next six months fell to 99.5 in April from 100.3. Economists surveyed by Bloomberg had predicted a gain. At the same ...

Bloomberg A gauge of output at US manufacturers and service providers reached a record high in April, adding to evidence of stronger demand that’s fuelling inflationary pressures. The IHS Markit flash composite index of purchasing managers at manufacturers and service providers increased to 62.2, the highest in data back to 2009, from 59.7 a month earlier, the group reported. Readings ...

Bloomberg Finland’s government is set to resume talks on its economic stance after coming close to a breakup during the weekend. The negotiations intended to hammer out a spending framework for the next four years ended up exposing tensions within the five-party coalition half way through its term. Social Democrat Prime Minister Sanna Marin and the left-leaning parties are pushing ...

Bloomberg The UK labour market weakened unexpectedly, with company payrolls falling for the first time in four months and more people dropping out of the workforce. The number of employees on payrolls fall 56,000 in March, the Office for National Statistics said. The jobless rate falls to 4.9% in the quarter through February because 80,000 people became economically inactive, indicating ...

Bloomberg Business sentiment rises to near record levels at the start of 2021 on an improving outlook for both domestic and foreign demand, according to the Bank of Canada. The results its latest quarterly survey of executives show business conditions continuing to improve, with many firms no longer worried about pandemic uncertainty. Managers reported stronger sales outlooks, investment intentions and ...