German coalition parties clash over aid package for virus-hit municipalities

By Michael Nienaber and Christian Kraemer BERLIN (Reuters) – German Finance Minister Olaf Scholz has run…

Europe’s “doom loop” of government debt is alive and well

The pandemic is renewing pressure on Italy’s banking sector, adding to the broader global health and…

Italy’s Broken Finances Bring Back Fears of Messy Euro Divorce

(Bloomberg) — On the September night in 1992 when George Soros famously broke the Bank of…

Japan’s Version of Bill Barr Provokes an Epic Tweetstorm

Tiziana Fabi/AFP/Getty TOKYO—Shameless autocrats all over the world seem to share one thing in common: an…

Germany Plunges Into Recession With Biggest Slump in Decade

(Bloomberg) — The German economy shrank 2.2% in the first quarter, the most in more than…

BoE’s Bailey says Bank can help spread the cost of coronavirus

By William James and Andy Bruce LONDON (Reuters) – The Bank of England can help spread…