Spain and France may be projecting joy at the prospect of a UK homecoming, but officials are cautioning that unwinding Brexit will involve costs and sacrifices it’s not clear either side wants to bear.
Ethiopia is planning to withdraw thousands of troops from neighboring Somalia as escalating fighting at home forces Prime Minister Abiy Ahmed’s government to redirect military resources toward a widening conflict with rebel groups.
Denmark’s long-awaited decision on a supplier of new frigates for its navy is likely to be delayed until next year after a snap election disrupted the process, according to people familiar with the matter.
Refugees, asylum seekers and some other immigrants with legal status will lose Medicaid coverage Oct. 1, leaving few options for those left uninsured and squeezing payments to medical providers that care for them.
Greek Prime Minister Kyriakos Mitsotakis called on the European Union to allow for greater fiscal flexibility in order to help households and businesses cope with rising energy costs.
The number of foreign nationals in Japan working under a government program aimed at stemming staff shortages in certain sectors hit a record high, according to data released by the government on Tuesday.
Ukraine is looking to source tens of thousands of 20mm shells to counter increasingly deadly Russian jet-powered drones, according to people familiar with the matter.
South African lawmakers are likely to pass legislation needed for the transition to the new Zaronia overnight rate before the end of December, the head of the nation’s Standing Committee on Finance said.
Russia extended a ban on most diesel exports through October, further tightening the global market just as demand rises ahead of the Northern Hemisphere winter and the US considers its own restrictions on exports.
Hungary shouldn’t delay the process of joining the euro area’s ERM-2 antechamber if the government’s fiscal plans next month look credible, central bank Deputy Governor Zoltan Kurali said.
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Stocks rose and bonds steadied after a bruising selloff as traders awaited a crucial US inflation reading for clues on the interest-rate outlook. The dollar headed for its best month since June.
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase and Goldman Sachs.
And OpenAI aims to raise at least $30 billion from investors in a new round of funding, after the artificial intelligence startup pushed back its plans for an initial public offering.
Today guests: Sabrina Khanniche, Pictet Asset Management, Senior Economist. (Source: Bloomberg)
India’s opposition parties said they will organize protest marches across the country in October as they step up pressure to remove the top election official over a controversial overhaul of electoral rolls.
Prime Minister Andy Burnham said he could campaign to take Britain back into the European Union at the next general election, reopening the country’s debate on its relationship with the continent a decade on from the Brexit vote.
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to JPMorgan Chase & Co. and Goldman Sachs Group Inc. Shipments of crude oil have rebounded to 98% of pre-war levels, while flows of products such as diesel and gasoline were at 58%, according to JPMorgan. Meanwhile, Goldman Sachs said oil exports from the Persian Gulf had recovered to 23.3 million barrels a day over the last week, in line with the 2025 average. Bloomberg's Stuart Livingstone-Wallace breaks down the situation. (Source: Bloomberg)
