Japan’s Government Says Time Right to Lift Tokyo Emergency

The Japanese government was set to end its nationwide state of emergency by lifting the order for Tokyo, its surrounding areas and Hokkaido, allowing more parts of the economy to re-open as new coronavirus cases tail off. Economy Minister Yasutoshi Nishimura laid out the plan Monday at the opening of a meeting of a government […]

S&P Warns on South Africa’s Economic Frailty in Virus Recovery

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter The economic fallout from the coronavirus pandemic on South Africa will be “very difficult to handle” as the country entered the crisis in an already weak fiscal and economic position, according to S&P Global Ratings. South Africa fell into a recession even […]

Argentina’s Stumble to Default Caps Brutal Four-Year Decline

Argentina is on the verge of officially being declared in default just four years after a wave of optimism lured billions of dollars in investment. The country’s ambassador to the U.S. said it wouldn’t make $500 million of overdue payments whose grace period expired today until it can reach a restructuring deal with creditors, likely […]

Lori Loughlin and Husband to Plead Guilty in Admissions Scam

Actor Lori Loughlin and her husband, designer Mossimo Giannulli, abandoned a 15-month fight in the U.S. college admissions scandal and agreed to plead guilty, according to court papers filed in Boston. Loughlin agreed to serve two months in prison, and Giannulli five months, for paying $500,000 in bribes to get their daughters into the University […]

Brazil’s Soccer Is Another Field of Virus Conflict for Bolsonaro

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. The controversy over President Jair Bolsonaro’s push to resume normal life in Brazil amid the mounting coronavirus death toll has spread to soccer, the country’s most revered sport. Bolsonaro’s […]

Jefferson County Bankruptcy Foreshadows Fate of Cities in Crisis

A massive share of the local government’s tax revenue disappears. Elected officials lay off employees, shutter a health-care facility used by the poorest residents, and road work grinds to a halt. Residents wait in hours-long lines to renew their licenses. That was 2011 for Jefferson County, Alabama, whose financial crisis may preview what’s ahead for […]

Ireland Moves Closer to New Government With Green Party Talks

Ireland’s Green Party agreed to enter formal talks with the country’s two traditional major parties on forming a government, moving a step closer to a new administration almost three months after the general election. The Green Party will start negotiations with the governing Fine Gael and main opposition Fianna Fail, it said in a statement […]

Boris Johnson Returns to Work as Business Demands Lockdown Clarity

Boris Johnson returns to work for the first time in a fortnight with one key item at the top of his in-tray: when will he let Britain do so? The prime minister will chair the government’s Monday morning meeting to coordinate efforts to tackle the virus. He spent the last two weeks recuperating at Chequers, […]

‘We Need You’: Quebec Begs Health Workers to Return to Work

Quebec Premier Francois Legault urged health-care employees who have been off work to return and help ease a labor crunch that’s grown to 9,500 staff during the pandemic. While 4,000 workers are infected, another 5,500 are not showing up for other reasons, including fear of getting sick, Legault said during a press conference Thursday. The […]