Politics

Denmark’s PM says she’s open to grand coalition

Bloomberg Denmark’s prime minister said she’s open to a grand coalition that would include her political rivals in what would be the first such move in the Nordic country in more than four decades. Mette Frederiksen said the Covid-19 crisis and the war in Ukraine had made her back the idea because the government and the opposition have worked closely ...

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Capitol riot apologists go unpunished as memories of January 6 horror fade

Bloomberg The deadly assault on the US Capitol on January 6, 2021 shocked viewers watching live around the world and, at least in the moment, infuriated Republican congressional leaders who fulminated among themselves against the role Donald Trump and his allies played in egging on the rioters. But the short-lived horror over the worst attack on the seat of US ...

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Mexico’s ruling party to expand its power in polls

  Bloomberg Mexico’s ruling Morena party is projected to expand its power further beyond President Andres Manuel Lopez Obrador’s traditional southern strongholds in gubernatorial elections, winning four of six elections in states it doesn’t currently control. The election is a litmus test of Lopez Obrador’s support after three and a half years of rule, and of the strength of opposition ...

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Orban’s ‘risky’ sanctions path weakens EU: Czech minister

Bloomberg Hungary’s obstinate approach towards negotiating sanctions against Russia are undermining European Union unity and weakening the bloc’s position on the world stage, a senior Czech official said. Czech Minister for European Affairs Mikulas Bek said Hungarian Prime Minister Viktor Orban’s stonewalling against efforts to pass a sixth package of EU sanctions, including an embargo on most Russian oil, had ...

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Putin’s Ukraine invasion forces Biden to rewrite American security plan

Bloomberg Russian President Vladimir Putin’s invasion of Ukraine has prompted a major rewrite of the Biden administration’s National Security Strategy, according to people familiar with the matter. Early versions of the text, which is still being finalised, show how the administration’s priorities are shifting in response to Putin’s war in Ukraine and the burgeoning partnership between Beijing and Moscow. The ...

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Estonian PM ends coalition after infighting

Bloomberg Estonian Prime Minister Kaja Kallas ended her 16-month governing coalition after weeks of political squabbling, saying she’ll seek to form a new alliance as the Baltic nation confronts its biggest security threat in decades. “There needs to be a functioning government that has shared values,” Kallas, the 44-year-old leader whose popularity has soared with her hard line on Russian ...

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Brazil’s Lula seeks growth with fiscal responsibility

Bloomberg Brazil’s Luiz Inacio Lula da Silva plans to boost growth with a campaign against hunger and a program of government-led investments if elected president, all of that without jeopardising fiscal accounts, according to one of his closest aides. Alexandre Padilha, one of Lula’s many representatives in talks with financial markets ahead of the October vote, says that investors need ...

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Colombian president expects voters to reject Venezuela model

Bloomberg Colombian voters will reject the socialist “Venezuelan model” when they go to the polls in just more than two weeks to decide between the two candidates who’ve qualified for the nation’s runoff election, the outgoing president predicted. “In this election, people are going to go to the polls and definitely say ‘no’ to the Venezuelan model that some want ...

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Russian president thinks his biggest ally in Ukraine is time

Bloomberg As Russia’s invasion of Ukraine settles into a grinding war of attrition, one question more than any other will likely decide the outcome: On whose side is time? Much of what unfolds will be determined by unpredictable battlefield dynamics, especially as Russian forces attempt a dash for territory in eastern Ukraine before heavy artillery from the US and elsewhere ...

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Sanctions will break Russia’s economy in the end: Germany

Bloomberg Russia’s economy has been dealt a severe blow by international sanctions imposed following the invasion of Ukraine and that damage will become increasingly clear, according to Germany’s vice chancellor. The revenue Russia receives from commodities like oil and gas is “painful,” Robert Habeck, who is also the economy minister, said in a speech to parliament. But that doesn’t accurately ...

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