Bloomberg Spain is committed to reforms to address climate change and accelerate the country’s digital transition, Prime Minister Pedro Sanchez said after meeting with his Swedish counterpart Sefan Lofven. “We are committed with reforms,†Sanchez said in an joint press conference in Lofven. “We have a common goal which is to come out with a stronger Europe.†In their meeting, ...
Read More »Politics
Bulgarian PM faces ouster bid as protests intensify
Bloomberg Bulgaria’s main opposition party launched a no-confidence motion against the government, putting pressure on Prime Minister Boyko Borissov as protesters take to the streets against his failure to fight high-level corruption. The Socialist Party, which filed the motion on Wednesday, doesn’t have enough lawmakers to oust the cabinet in the fifth such confidence vote it has faced. But the ...
Read More »Trump to keep fighting Vance tax subpoena
Bloomberg President Donald Trump told a federal judge in New York that he will continue to challenge a grand jury subpoena seeking his tax filings after the US Supreme Court ruled he is not immune from investigation. Manhattan District Attorney Cyrus Vance Jr is investigating hush-money payments made before the 2016 presidential election to Stormy Daniels, a porn actress who ...
Read More »Japan sees ‘grave concern’ in Beijing’s East China Sea actions
Bloomberg China’s projection of its military might into Asian waters and North Korea’s modernisation of its ballistic-missile arsenal pose risks to Japanese and regional security, the Japanese Ministry of Defense said. In its annual white paper released on Tuesday, the ministry accused China of “relentlessly’ pushing its way towards uninhabited East China Sea islands claimed by the two countries, saying ...
Read More »Merkel, Conte show common front in push for recovery fund
Bloomberg German Chancellor Angela Merkel showed a united front with Italy’s Giuseppe Conte days ahead of a crucial European Union summit, warning that EU leaders need to deliver a “massive†response to the economic fallout of the coronavirus pandemic. The German leader’s common line with the Italian prime minister was a sales pitch in favor of a proposed 750 billion-euro ...
Read More »Facebook voter drive inspires claims of bias
Bloomberg An ambitious voter registration effort from Facebook has rankled President Donald Trump’s re-election campaign, which is complaining that the social network’s goal of registering 4 million voters in time for November’s election is an attempt to swing the election in favor of former Vice President Joe Biden. “With knowledge of every user’s political ideology, Facebook is officially in the ...
Read More »Croatia, Bulgaria may adopt euro in 2024
ÂÂÂBloomberg Croatia and Bulgaria may join the euro area in January 2024, European Commissioner Valdis Dombrovskis said. The two European Union nations were admitted into the currency’s waiting room, known as the ERM-2, last week and must spend at least two years there working to fulfill the Maastricht criteria. They may be ready in 2023, but “the tradition is that ...
Read More »Populist power in East is a problem EU can’t seem to solve
Bloomberg As European Union leaders haggle over their critical coronavirus recovery plan, they have an escalating problem in the east they can seemingly do little about. Poland’s presidential election at the weekend laid bare how divided the country is over its relationship with Brussels, with nationalist incumbent Andrzej Duda winning by 51% to 49% against a pro-EU opponent. While it ...
Read More »HK Democrat voters defy threats with high turnout
Bloomberg More than half a million Hong Kong residents defied government warnings and a fresh coronavirus outbreak to vote in an unofficial primary, a strong turnout that signals continued resistance to Beijing’s decision to impose a broad national security law just two weeks ago. More than 610,000 residents — representing more than 13% of registered voters — cast ballots in ...
Read More »Russia charges former journalist with treason
Bloomberg Russia’s Federal Security Service, the main successor agency to the Soviet-era KGB, charged a prominent former journalist with treason as protests including representatives of state media gathered pace. Ivan Safronov, who regularly broke news on sensitive arms deals while working for the Kommersant newspaper over much of the past decade, denies the accusations against him, his attorney Ivan Pavlov ...
Read More »