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May under attack over Brexit with momentum behind Rees-Mogg

Bloomberg The political tides could finally be turning against Theresa May. The embattled British prime minister has defied odds to survive a disastrous election result and difficult Brexit negotiations by papering over differences among her Conservatives. But there is a growing sense May’s situation has become untenable as her party’s divisions over the European Union spill out. While it remains ...

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Democrats say House Republicans join effort to obstruct Mueller

Bloomberg Democratic lawmakers circulated talking points in which they say House Republicans are “now part and parcel to an organised effort to obstruct” Special Counsel Robert Mueller’s investigation into Russian interference in the 2016 election. “Until now, we could only really accuse House Republicans of ignoring the President’s open attempts to block the Russia investigation,” Democratic members of the House ...

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Syrian rebels down Russian plane, kill pilot

AMMAN / Reuters Syrian rebels shot down a Russian warplane and killed its pilot on the ground after he ejected from the plane, Russia’s defence ministry and Syrian rebels said. The SU-25 came down in an area of northern Idlib province that has seen heavy air strikes and fighting on the ground between Syria’s government forces backed by Russia and ...

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Italian poll campaign sours as shooting targets migrants

Bloomberg Italian Prime Minister Paolo Gentiloni condemned a drive-by shooting in the city of Macerata that targeted migrants, and asked all political parties to act responsibly ahead of national elections on March 4. “I trust in the sense of responsibility of all political forces,” Gentiloni said during a news conference in Rome after the incident. “Criminals are criminals and the ...

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Free incense clouds fate of Japan’s economy minister

Bloomberg Prime Minister Shinzo Abe’s point man for a massive Pacific trade pact is defending his job after giving incense sticks to voters, the latest example of how even the whiff of scandal can threaten policy-making in Japan. Toshimitsu Motegi, the economy minister who last month shepherded the revised Trans-Pacific Partnership trade deal to an 11-way agreement, is facing calls ...

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Peru opposition parties plan motion to impeach Kuczynski

Bloomberg Peru’s Pedro Pablo Kuczynski may face a new opposition attempt to force him from office after one party shifted its position and said it would now support an impeachment motion of its own. New Peru, which chose not to vote in December’s impeachment ballot, told reporters that new information has emerged about Kuczynski’s ties to Brazilian builder Odebrecht SA. ...

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S Africa’s Zuma meets with ANC

Bloomberg Top officials of the ruling African National Congress were expected to meet on Sunday with President Jacob Zuma to discuss his departure from office, the Johannesburg-based Sunday Times reported, citing people familiar with the matter. The meeting, to be held at the president’s official residence in Pretoria, will be led by the party’s Deputy President David Mabuza and could ...

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Commonsense immigration policy for the 21st century

We are a nation of immigrants who are uneasy about immigration. There is a long history of resentment against immigrants, dating to the Irish immigrants in the 1840s and the Chinese a few decades later. This contrasts with our demonstrated ability to absorb newcomers. It’s time to overcome this two-headed legacy with an immigration policy for the 21st century. What ...

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Its better to call your tax lawyer first before investing in India

Just as foreign stock investors in India try to come to terms with a rudely reimposed 10% tax on long-term capital gains, a bigger shock awaits them. The grandfathering of past returns promised by Indian finance minister Arun Jaitley in his budget speech last week is missing from the fine print of the bill. Well, it’s not completely missing. The ...

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A better way to disrupt the healthcare system

Amazon, Berkshire Hathaway and JPMorgan Chase say they’re putting their heads together to make health care better and less expensive for their employees. Just possibly, it’s a partnership that could disrupt the US health-care system — in a good way. The market value of insurance companies and pharmacy-benefit managers dropped on the announcement, a sign that investors think the alliance ...

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