UK GDP shrinks by record 5.8% in March, harder COVID hit ahead

By David Milliken and William Schomberg LONDON (Reuters) – Britain’s economy shrank by a record 5.8%…

Indonesian govt plans to inject capital into state companies to cope with pandemic

JAKARTA (Reuters) – The Indonesian government is listing state-owned companies hit hard by the coronavirus pandemic…

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…