Politics

US, Mexico prepare for new migrant wave

Bloomberg The US and Mexican governments are preparing for a surge in undocumented migrants heading for their border in the coming months after faster inflation in key countries in Central America added to economic hardship. Officials from the administrations of Presidents Joe Biden and Andres Manuel Lopez Obrador in recent days discussed their concern about the impact that rising food ...

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Kenya’s presidential hopeful to negotiate debt if he wins

  Bloomberg Kenyan presidential candidate Raila Odinga will target improved debt repayment terms for the East African economy, saying existing obligations of almost $100 billion may force the nation to seek help from the International Monetary Fund (IMF). The growing debt “puts Kenya in the group of the most debt-distressed middle and lower-income developing countries now being forced into IMF ...

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Zelenskiy pleads for aid, tells US Congress ‘remember Pearl Harbor’

Bloomberg Ukrainian President Volodymyr Zelenskiy made a dramatic plea to the US for more help fending off Russia’s invasion, targeting members of Congress who are ready to provide money and equipment but still unwilling to countenance his biggest ask: A no-fly zone over his country. “Russia has turned the Ukrainian sky into a source of death for thousands of people,” ...

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‘Neutral Ukraine with army could be compromise’

Bloomberg A proposal for Ukraine to become a neutral country but retain its own armed forces “could be viewed as a certain kind of compromise,” Kremlin spokesman Dmitry Peskov said, hinting at possible progress in peace negotiations. Peskov declined to provide details beyond confirming that the idea of Swedish or Austrian-style neutrality is under discussion in the talks now underway ...

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Germany to borrow $220b more for defense, climate

  Bloomberg Germany plans additional borrowing of at least 200 billion euros ($220 billion) this year to finance a fund to modernise the military alongside already-planned debt for climate protection and other initiatives. The latest borrowing binge marks the third consecutive year that Germany has breached constitutional debt limits and highlights how the new government is prepared to take a ...

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Lawsuit against Nigeria presidential candidate to settle

  Bloomberg Adversaries in a Nigerian lawsuit in which a leading presidential candidate is accused of secretly controlling the private company that collects taxes in the state he once ran are discussing an out-of-court settlement. Oladapo Apara, a founder of Alpha Beta Consulting LLP, alleges that Bola Tinubu concealed his control of the firm. In the early 2000s, as governor ...

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Unmanned Soviet-era drone from Ukraine raises Nato defense concerns

Bloomberg A six-ton unmanned reconnaissance drone that streaked across eastern Europe from war-ravaged Ukraine and crashed in the Croatian capital has raised awkward questions about Nato’s readiness to protect European airspace. Startled authorities are asking how none of the three North Atlantic Treaty Organization (Nato) member states — Romania, Hungary and Croatia — reacted as the Soviet-era Tu-141 traversed their ...

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Slovakia detains four suspected of spying for Russia

Bloomberg Police in Slovakia, a Nato and European Union (EU) member bordering Ukraine, detained four people suspected of spying for Moscow and expelled three Russian diplomats in response. Russia paid the suspects “tens of thousands of euros” for sensitive or classified information, Special Prosecutor Daniel Lipsic told journalists, a day after the detentions and the diplomats’ expulsion. Two people were ...

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Russia sought China military aid for Ukraine war, says US

Bloomberg US officials say Russia has asked China for military assistance for its war in Ukraine, a sign that the Biden administration is increasingly concerned about the role Vladimir Putin’s most powerful diplomatic partner could play in the conflict. A US official, speaking on condition of anonymity to discuss delicate matters, did not specify what kind of equipment Moscow had ...

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Police move to clear Russian billionaire’s occupied mansion

Bloomberg A London mansion owned by members of Russian billionaire Oleg Deripaska’s family has been occupied by protesters opposing the invasion of Ukraine, sparking a confrontation with police. The group made their way into the home on Belgrave Square — one of the city’s most affluent districts, according to a member of the group, who declined to give his name. ...

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