Bloomberg Politics

Pheu Thai Courts Former Ally for Support as It Builds New Bloc

Pheu Thai, a party backed by former premier Thaksin Shinawatra’s family, held talks with the largest group in parliament to shore up support for its prime minister candidate amid signs it faces hurdles from the pro-royalist groups in its bid to form a government.

German Fund for Green Transition, Chips to Swell to €212 Billion

(Bloomberg) — Chancellor Olaf Scholz’s government will on Wednesday approve a top-up of Germany’s special Climate and Transformation Fund by more than €30 billion to about €212 billion ($233 billion), according to a draft of the financing plan through 2027.