Bloomberg Kenya should re-introduce the position of prime minister and name the runner up in presidential contests the leader of the opposition, a panel recommended in a bid to end violent disputes that have marred past ballots. The proposed establishment of the posts are part of a raft of suggestions by the so-called Building Bridges Initiative, which was established by ...

Bloomberg German chancellor Angela Merkel made a spirited defense of the North Atlantic Treaty Organisation (NATO), saying Europe is currently too weak to defend itself without the support of the US-led military alliance. Merkel’s comments in a speech to the Bundestag were clearly directed at French President Emmanuel Macron, who has cast doubt on NATO’s future by suggesting the 29-nation ...

Bloomberg Jeremy Corbyn accused Boris Johnson’s government of secretly negotiating with the US over the National Health Service (NHS) as he sought to shift the focus from a spat over antisemitism that has embroiled his campaign. “This election is now a fight for the survival of our National Health Service,” Corbyn said as he unveiled previously redacted documents about the ...

Bloomberg A Japanese man in his 50s was taken into custody in China in July on suspicion of violating its laws, with the case potentially being a source of friction as prime minister Shinzo Abe seeks to host president Xi Jinping for a state visit next spring. Japanese chief cabinet secretary Yoshihide Suga said the man was taken into custody ...

To the question of who created today’s economic inequality, there is now a new and intriguing answer: the internet. It has apparently turned millions among us into workaholics, lugging around our laptops, ready at a moment’s notice to tackle the latest digital chore. The trouble is that all this extra work — and the income it generates — is heavily ...

If you want a picture of the future, imagine a human face biting into a burger — forever. That’s certainly a popular view of the way the human diet is headed. As the world’s population grows and incomes rise, we’ll inevitably eat far more beef — the meat that’s considered the most expensive and prestigious in a remarkably wide range ...

For decades now, Australian banks have been a class apart. Thanks to a ceaselessly growing economy, an oligopolistic structure that prevents mergers between the big four lenders, and the loyalty of self-funded retirees who play a large part in the local stock market, they’ve been valued as if they’re in a fundamentally different business from counterparts in other countries. At ...

Any attempt at sweeping out a corner of India’s financial system means bringing investors face to face with creepy-crawlies. Disagreeable as the task is, it’s also necessary. More than $200 billion in bad loans tumbled out when banks were made to open their attics to the regulatory broom four years ago. That cleanup isn’t over, and already it’s the stockbrokers’ ...

The inflow of migrants from North Africa has split Europe between those who think governments should do all they can to save human lives and those who fear rescue operations mainly benefit smugglers. A new study shows such concerns could be well-grounded. Giovanni Mastrobuoni, one of Europe’s preeminent economists of crime based at the Collegio Carlo Alberto in Turin, worked ...

Those who fear an impending cold war between the U.S. and China need only look to the bond market to see evidence of a potential thaw. In the midst of a holiday-shortened week for American markets, China easily sold a record $6 billion of dollar-denominated bonds, accumulating $20 billion of investor orders that allowed it to tighten yield spreads for ...