Politics

BLOOMBERG The Swiss government agreed on the parameters for possible future negotiations with the European Union (EU), part of its long-running effort to arrange new treaties with the bloc. The government seeks to “stabilise and develop relations with the EU. It aims to guarantee barrier-free access to the EU’s single market in certain sectors,” it said in a statement. The ...

BLOOMBERG Chancellor Olaf Scholz urged Germans to sign up to his vision of the country’s technological and environmental transformation and warned against the rise of “ill-tempered” political rivals he accused of exploiting the fears of ordinary citizens. In a clear reference to recent gains by the far-right AfD in opinion polls, Scholz said the priority for him and his government ...

BLOOMBERG Japanese Prime Minister Fumio Kishida promised the public he would fix problems with the introduction of a national ID card that have damaged support for his government and raised concerns about data breaches. Kishida told a news conference he is taking seriously the problems with what is known as the “My Number” card. “We will work on the complete ...

BLOOMBERG Prime Minister Rishi Sunak faces mounting pressure from members of his Conservative Party to help Britons struggling with surging mortgage costs, amid fears that the UK’s sticky inflation and skyrocketing interest rates will cost them their seats in the next general election. Data showed the government is struggling to deliver on its promise to halve inflation this year, with ...

BLOOMBERG A North Korean satellite launch that ended in failure will provide a trove of information about the secretive state’s rocket programme as South Korea salvages large sections from the bottom of the sea. South Korea released photos of a 14.5-metre (15-yard) portion of the North Korean rocket that failed in flight shortly after takeoff on May 31. South Korea’s ...

BLOOMBERG Taiwan expects satellite service by UK provider OneWeb will cover the entire island by the end of this year, the Central News Agency (CNA) cited Minister of Digital Affairs Audrey Tang as saying in an interview. Tang said the service expansion will provide more options for Low Earth Orbit  (LEO) satellites to Taiwan, according to the report. Backed by ...

BLOOMBERG Ethnic violence in India’s northeastern Manipur state has continued for more than a month, claiming over 100 lives and with mobs torching houses including those of the ruling party’s leaders. Mobs set ablaze junior foreign minister Rajkumar Ranjan Singh’s house in the state’s capital Imphal and targeted homes and offices of other leaders of the ruling Bharatiya Janata Party, ...

BLOOMBERG Secretary of State Antony Blinken met his Chinese counterpart in Beijing on Sunday as the Biden administration seeks to stabilise strained ties between the world’s two biggest economies. The top US diplomat, whose previous attempt to visit China in February was scrapped at the last minute when the US revealed an alleged Chinese spy balloon was floating over American ...

BLOOMBERG President Joe Biden called for new taxes on the wealthy and corporations and warned Republicans would roll back policies he argued had saved the US economy, setting out core themes as he kicked off his reelection campaign. Biden didn’t mention Donald Trump during a rally with union members in Philadelphia. Instead, the president contrasted his platform with his twice-indicted ...

BLOOMBERG  Prime Minister Rishi Sunak faces a new electoral challenge after Boris Johnson’s surprise resignation from Parliament triggered at least three by-elections that could highlight softening support for the Conservative Party. Johnson quit after receiving the finding of the Parliament’s Privileges Committee investigation into whether he misled lawmakers over his knowledge of Covid-19 rule breaches by officials. While the findings ...