Politics

German Greens, Liberals spar over budget matters

Bloomberg Talks to form a three-way coalition government in Germany risk getting bogged down over finance and budget matters, based on divergent policy objectives outlined by leaders of the two junior parties over the weekend. Volker Wissing, secretary-general of the business-friendly FDP, said his party won’t accept tax increases or a loosening of the so-called debt brake, according to a ...

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Chinese president renews appeal to Taiwan amid pressure campaign

Bloomberg Chinese President Xi Jinping said unification with Taiwan “will and must be achieved,” renewing his pledge just days after sending a record number of warplanes near the island as part of a years-long pressure campaign. Xi made the remarks as part of a televised speech marking the 1911 uprising that toppled the last Qing emperor and led to the ...

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Ethiopia’s Tigray fighters under fire in major new offensive

Bloomberg Ethiopia has launched a major offensive against rebel forces from the Tigray region, carrying out air strikes in its latest bid to gain the upper hand in an almost yearlong civil war. The move from the government of Prime Minister Abiy Ahmed comes days after he was inaugurated for a new five-year term as leader of Africa’s second-most populous ...

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Afghanistan asks UN mission to pay $90m power bills

Bloomberg Afghanistan’s state power company has appealed to a United Nations-led mission to give $90 million to settle unpaid bills to Central Asian suppliers before electricity gets cut off for the country given that the three-month deadline for payments has passed. Since the Taliban took control of Afghanistan from mid-August, electricity bills haven’t been paid to neighbouring countries that supply ...

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Mali summons envoy over Macron’s remarks

Bloomberg Mali’s foreign ministry has summoned the country’s French ambassador after France’s President Emmanuel Macron questioned the legitimacy of the African nation’s interim leadership. Tensions between France and Mali have been rising since Mali’s Prime Minister, Choguel Kokalla Maiga, accused France of abandoning his country “mid-flight” in the fight against extremists. Radio France International reported that Macron last week rejected ...

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Blinken seeks to make up with France post submarine-deal spat

Bloomberg Secretary of State Antony Blinken met French President Emmanuel Macron and other top French officials in Paris on Tuesday as the US looks to move past a spat over a defense agreement with Australia and the United Kingdom. Blinken and Macron met for 30 to 40 minutes to discuss deeper cooperation in the Indo-Pacific and the Sahel region of ...

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UK holds talks with Taliban government

Bloomberg The UK sent officials to Afghanistan to hold talks with Taliban leaders for the first time since the mass evacuation of Kabul in August. The officials discussed on Tuesday how the UK could help Afghanistan address a humanitarian crisis, the importance of preventing the country from becoming an incubator for terrorism, and the need for continued safe passage for ...

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France threatens UK power supply as Brexit tensions escalate

Bloomberg France’s European affairs minister, Clement Beaune, said the European Union (EU) could look to leverage its electricity supplies to the UK in an effort to force Boris Johnson’s government to grant access to British fishing waters. Beaune said that the EU will take action in the next few days to increase the pressure on the UK, which is a ...

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China to shelve anti-sanctions law in Hong Kong

Bloomberg China will not impose an anti-sanctions law on Hong Kong for now, local news organisation HK01 reported, a seemingly unusual backtrack from Beijing on a move that had alarmed businesses in the Asian financial hub. The decision to shelve the controversial law in the near term came after executives from Hong Kong and mainland Chinese financial institutions raised their ...

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