Bloomberg Germany’s Social Democrats said they’re moving towards a possible deal with Chancellor Angela Merkel to back a policy shift on migration that avoided a breakup of her own party bloc. Differences remained after Merkel and her Bavarian sister party presented the updated refugee policy to the Social Democrats, her junior coalition partner, during a meeting in Berlin. The three ...
Read More »Politics
Ivory Coast to appoint new govt after cabinet resigns
Bloomberg Ivory Coast Prime Minister Amadou Gon Coulibaly will appoint a new cabinet after the government resigned as the main political alliance is increasingly divided over the nomination of its candidate in 2020 presidential elections. Coulibaly was immediately reappointed to his post and has been asked to form a government with members of the ruling Rally of Houphouetists for Democracy ...
Read More »Malaysia ex-PM Najib faces legal battle after arrest in 1MDB probe
Bloomberg Less than two months after losing power in a shocking election defeat, former Malaysian leader Najib Razak is now facing a legal battle against charges that could see him facing jail. Authorities arrested Najib in connection with an investigation into the disappearance of billions of dollars from state fund 1MDB, according to the task force investigating the case. He ...
Read More »Polish judges face off against govt as court protests loom
Bloomberg Tensions over Poland’s judicial revamp grew a day after a warning shot from the EU. Supreme Court head Malgorzata Gersdorf said that she won’t be forced to retire under the overhaul, which would replace two-fifths of judges unless they get special permission from President Andrzej Duda. Gersdorf was expected to meet Duda at 4 pm in the capital, with ...
Read More »Merkel averts German coalition crisis with migration deal
Bloomberg German Chancellor Angela Merkel halted the immediate threat of a government breakup in Europe’s biggest economy, crafting a plan to tighten migration and keep her Bavarian sister party in the fold. The euro and stocks rose after Merkel and Interior Minister Horst Seehofer, her antagonist who had threatened to resign, ended their two-week standoff. The compromise — which Merkel ...
Read More »May in talks with feuding cabinet on Brexit
Bloomberg Theresa May is holding one-to-one talks with cabinet ministers in an attempt to win their support for her Brexit plan after surprising them with a new proposal for a customs deal with the EU, people familiar with the matter said. May’s efforts to unite her top team come ahead of a crucial meeting of her cabinet at her country ...
Read More »â€˜Presidential candidate’ seeks third way in Brazil
Bloomberg With Brazil’s politics in meltdown, a softly-spoken, mixed-race woman from a remote Amazonian province believes she can lead Latin America’s largest economy after two failed presidential bids. Marina Silva, a former environment minister born into a poor rubber-tapping family, argues that after years of high unemployment, grinding recession and corruption scandals, Brazilians are hungry for change in the country’s ...
Read More »Fresh Kim weapon advances show challenge facing Trump
Bloomberg Evidence of new efforts by Kim Jong-un to expand his nuclear arsenal underscore the challenge facing US President Donald Trump three weeks after declaring that North Korea was “ no longer a nuclear threat.†Several reports released in recent days suggest that Kim continued to ramp up his weapons production — rather than prepare to disarm — in the ...
Read More »Angela Merkel sees willingness to defuse her coalition clash
Bloomberg Chancellor Angela Merkel told lawmakers in her party bloc she senses a willingness to halt a feud over migration policy that’s tearing at the seams of Germany’s governing coalition. Merkel made the remark to a closed-door meeting in Berlin on Monday where her caucus leader, Volker Kauder, said he’s convinced a compromise will be found by the end of ...
Read More »Mexico’s AMLO sweeps to power in historic left-wing landslide
Bloomberg Andres Manuel Lopez Obrador was elected as Mexico’s first left-wing president in recent times, riding a public revolt against rampant crime, corruption and poverty and handing a crushing defeat to the business-friendly parties who’ve run the country for decades. The peso dropped. The earliest figures announced by the electoral board gave Lopez Obrador 53 percent of the vote. Ricardo ...
Read More »