Politics

Bloomberg The recent coup in Sudan puts into question a July Paris Club agreement to rework $23.5 billion of Sudan’s debt, France’s foreign ministry said in a statement. “It is obvious that the October 25 military coup puts the process into question,” the ministry said. Debt cancellation was part of France’s support to democratic transition, it said. The US already ...

Bloomberg The woman most likely to become Sweden’s next prime minister began her tenure as leader of the ruling party by taking a dig at Wall Street bankers. In her first speech to the Social Democratic Party after her election, Magdalena Andersson recalled encounters with “grinning bankers” who said her country’s welfare model was doomed after Sweden’s financial crisis in ...

Bloomberg US House Speaker Nancy Pelosi’s struggle to deliver on President Joe Biden’s two biggest policy priorities has illustrated the distrust and divisions within her party at a time Democrats desperately want to show they can govern. Democrats eked out a victory on a $550 billion public works bill after months of wrangling between moderates and progressives. As soon as ...

Bloomberg Chile’s conservative candidate Jose Antonio Kast would beat both of main leftist contenders in a presidential runoff, according to one of the final polls released ahead of the highly-contested election. Kast got 44% of support while leftist rival Gabriel Boric got 40% in a second-round vote, according to a survey by Cadem. Kast would also edge out Yasna Provoste ...

Bloomberg The Taliban government has banned the use of foreign currencies in Afghanistan in a surprise move that could weigh on an economy struggling with a cash crunch and further isolate the country. The move came as the Taliban were pushing for the release of billions of dollars of reserves overseas, which was frozen by the US and its Western ...

Bloomberg The first official delegation of European lawmakers landed in Taipei, defying warnings from China that the bloc’s support for the democratically ruled island would have dire consequences. The group from the European Parliament’s special committee on foreign interference is scheduled to meet top political leaders while in Taiwan, including President Tsai Ing-wen and Premier Su Tseng-chang during the three-day ...

Bloomberg Ethiopia’s government declared a nationwide state of emergency and called on residents to defend the capital after rebel fighters captured key towns on a main road that leads to the city. The decision to suspend the constitution was taken to “ward off a threat that is posed to the survival and sovereignty of the country,” Justice Minister Gedion Timothewos ...

Bloomberg President Joe Biden said that Russia and especially China were mistaken to skip the Group of 20 and UN climate conferences in Europe, noting that Beijing missed an opportunity to participate in global leadership. “They’ve lost an ability to influence people around the world and the people here at COP,” he said at a news conference in Glasgow, Scotland, ...

Bloomberg Boris Johnson is trying to overhaul the UK Parliament’s anti-sleaze watchdog, after it found a member of his Conservative Party guilty of lobbying on behalf of two companies that were paying him as a consultant. The prime minister’s office on Wednesday called for a “new appeals process” in such sleaze cases, British media shorthand for questionable actions ranging from ...

Bloomberg Hong Kong is in advanced discussions with Chinese officials about potentially reopening their shared border, according to local media reports, as former British colony pushes to overcome the mainland’s hesitancy to revive travel crucial to the city’s economy. Experts from both sides are expected to soon hold a second meeting with a final decision on the resumption of travel ...