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Airbnb faces regulatory crackdown in Europe

Bloomberg Airbnb Inc. was warned by the European Union (EU) to expect a regulatory clampdown unless its terms and conditions and the way it presents holiday-home prices comply with EU standards by the end of August. The online platform must present pricing information in a more transparent way and make the distinction between private and professional hosts clearer to consumers, ...

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Emerging global markets brace for a trade-war blow-out

Bloomberg It may be starting to sound like a broken record for emerging markets, with the twists and turns of US-China trade tensions likely to dominate investor concerns this week. That’s not to say Federal Reserve Chairman Jerome Powell’s two-day Congressional testimony and even the outcome of Monday’s meeting between Donald Trump and Vladimir Putin in Finland won’t have a ...

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Trump tells Putin world wants them to ‘get along’

Bloomberg President Donald Trump began his meeting with Vladimir Putin in Helsinki on Monday, testing his campaign pledge to revive ties with Russia amid pressure to confront the Kremlin leader over election meddling and growing concern that the US is abandoning the current international order. The highly anticipated event started with a one-on-one session between the former property developer and ...

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Italy’s Salvini hints at EU vetoes if sanctions on Russia not eased

Bloomberg Italy’s deputy prime minister, Matteo Salvini, said he will push the European Union to ease sanctions on Russia and threatened to block the EU’s agenda if he doesn’t get his way. At a press conference in Moscow, Salvini, who is also interior minister, said Russia should be brought back into the “European family” and that Monday’s meeting between US ...

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Tunisia president asks PM to improve economy or quit

Bloomberg Tunisia’s PM should either urgently address the country’s political and economic crisis or step aside, the president said. The intervention by Beji Caid Essebsi during a television interview comes as international investors signal deepening concerns about the economy, and ordinary Tunisians turn on politicians they see as more interested in jockeying ahead of presidential elections next year. Prime Minister ...

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May faces further Tory showdown over Brexit

Bloomberg Theresa May’s long-running battle with her divided Conservative Party took a potentially more dangerous turn, as one of her former ministers began assembling lawmakers to vote against her Brexit plans. Euroskeptic Tories are angry that the prime minister wants to keep the UK closely tied to the European Union’s single market after leaving the bloc. Foreign Secretary Boris Johnson ...

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US judge demands update on reuniting migrant kids

Bloomberg A federal judge wants an update on Monday on government efforts to reunify children separated from their families at the US-Mexico border, after he demanded more cooperation from the Trump administration. Judge Dana Sabraw wrote that the US Department of Health and Human Services “either doesn’t understand the court’s order, or is acting in defiance of the order.” He ...

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Philippine’s Duterte push to alter constitution bombs with voters

Bloomberg Two-thirds of Filipino voters remain opposed to President Rodrigo Duterte’s push to change the constitution and give more power to regional governments, according to a new poll. The Pulse Asia Research Inc. survey conducted last month found that 62 percent of voters rejected federalism and 67 percent opposed changing the constitution, although 28 percent said they might be open ...

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Germany can’t fully rely on US, says top diplomat

Bloomberg Germany’s foreign minister urged the EU to “readjust” its relationship with the US and said the bloc can no longer fully rely on the White House after President Donald Trump identified America’s long-term ally as a “ foe”. Trump, who met with Russian President Vladimir Putin in Helsinki on Monday, characterised the EU as an adversary, citing a trading ...

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Trump is not getting the Brexit he wanted

The UK’s 2016 vote to leave the European Union represented a moment of vindication and hope for Donald Trump. No wonder he sounded worried, as he arrived in the UK for his visit. It was not the protestors waiting at every stop, or even the giant orange Trump Baby balloon floating over London that was likely to irk the thin-skinned ...

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