German Government in Danger as Parties Fight Over Tax HikesChancellor Friedrich Merz’s government is struggling to agree on a package of measures to contain Germany’s widening budget gap in a growing dispute that’s becoming a danger to the coalition’s survival.Bloomberg7h agoWhole story →EconomyGovernmentgerman government crisis
Trump Eases Limits on Dyed Diesel in Bid to Cut Fuel CostsPresident Donald Trump on Monday signed an executive order to ease restrictions on the use of a tax-exempt variety of diesel, his latest bid to pare costs for the fuel ahead of November’s midterm elections.Bloomberg12h agoWhole story →EconomyPlanetmidterm elections
Bond Selloff to Pressure Australia’s Budget, Chalmers SaysHigher global bond yields will put pressure on the Australian budget as the widespread selloff pushes debt refinancing costs higher, Australian Treasurer Jim Chalmers warned on Tuesday.Bloomberg12h agoWhole story →Economyaustralian budget pressure
Trump Plans Tax-Exempt Diesel ReliefOn the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the Midterm elections. On today's show, former Acting White House Chief of Staff Mick Mulvaney, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Gulf Oil Chief Energ…Bloomberg17h agoWhole story →Economymidterm elections
Trump Could Ease Restrictions on a Variety of DieselThe Trump administration is expected to lift restrictions on using so-called red dyed diesel. The fuel is usually used in farm equipment. Details are still forthcoming. Bloomberg's Tyler Kendall reports. (Source: Bloomberg)Bloomberg19h agoWhole story →Planetdiesel restriction change
Brazil Real Surges After Bolsonaro Takes Surprising LeadFlávio Bolsonaro took a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil’s presidential election, making him the favorite to win the runoff which is to be held October 25. Brazil's real surged against the dollar in Sao Paulo Monday morning. Bloomberg's Travis Waldron reports from Brazil. (Source: Bloomberg)Bloomberg22h agoWhole story →Economybrazil presidential election
Germany, France Push New Trade Weapon Before EU-China TalksGermany and France are urging the European Union to adopt new powers that could sever China or other countries from its single market, as the bloc’s two biggest economies adopt a more confrontational stance ahead of talks in Beijing.Bloomberg23h agoWhole story →EconomySecurityeu china trade talks
