Politics

Bloomberg The US and North Korea agreed to seek “complete denuclearisation of the Korean Peninsula” following a historic summit between President Donald Trump and Kim Jong-un, yet set no deadline and left the path to disarmament undefined. Trump defended the two-page document he signed with Kim at the end of their meeting in Singapore earlier on Tuesday, saying that he ...

Bloomberg Searching for a bright spot in the escalating trade dispute emanating from the US, Norway’s prime minister said the world’s biggest economy just isn’t as important anymore. “It’s important to remember that the US isn’t the same driving force as it used to be,” Erna Solberg said. “The world economy has more legs to stand on and there are ...

Bloomberg German Chancellor Angela Merkel’s parliamentary caucus pressed her to end a cabinet standoff over refugee policy, underscoring the unbroken political risk posed by migration. At a regular meeting of Merkel’s 246-member Christian Democratic-led bloc on Tuesday, no member backed the chancellor’s criticism of a proposal by Interior Minister Horst Seehofer to turn back refugees at the German border, according ...

Bloomberg Democratic Republic of Congo President Joseph Kabila isn’t planning to seek another term in an election scheduled for December as his opponents have speculated, the country’s prime minister said. While the constitution bars Kabila from seeking a third term, he’s refused publicly to rule himself out as a candidate in a vote scheduled for December 23. Attempting to extend ...

Bloomberg Malaysia’s attorney general will start his review of 1MDB investigation papers, signaling that charges linked to the troubled state fund may be imminent. Attorney-General Tommy Thomas has formed two teams, one to study the documents for possible criminal prosecution, and the other for civil proceedings, he said. The Malaysian Anti-Corruption Commission submitted the files to the Attorney General’s Chambers ...

Bloomberg China isn’t officially represented in the historic talks between US President Donald Trump and North Korean leader Kim Jong-un, but that hasn’t stopped Beijing from making its presence felt. Kim arrived in the city state on Sunday aboard a Boeing 747 operated by Air China Ltd., China’s state-run flagship carrier. The flight was both a potent display of China’s ...

Bloomberg The US plans to keep economic sanctions in place until North Korea eliminates its nuclear weapons capability yet is prepared to offer “unique” guarantees to ease the regime’s security concerns, Secretary of State Mike Pompeo said. The top US diplomat emphasized that complete denuclearisation “is the only outcome that the United States will accept” from North Korea, sending a ...

Bloomberg Italian voters rallied behind the center-right in local elections as its leader, Interior Minister Matteo Salvini, left a boat with over 600 migrants stranded in the Mediterranean. As Italy’s populist government dials back its challenge to the European Union’s budget rules, Salvini is dramatising his commitment to turning the tide on immigration. Salvini visited Como in northern Italy to ...

Bloomberg Malaysia has discovered “many mini 1MDBs” in its campaign to root out corruption in the state, according to a top adviser to PM Mahathir Mohamad, signaling the wrongdoing unearthed at the debt-ridden fund may be more widespread. Daim Zainuddin, 80, who was appointed by Mahathir to head up a Council of Eminent Persons to advise the new government on ...

Bloomberg German Chancellor Angela Merkel said she favours a US-Russian summit, seeking to point global diplomacy forward after a tumultuous meeting of Group of Seven leaders. Russian President Vladimir Putin wasn’t invited to the G-7 summit in Canada, although US President Donald Trump suggested he be readmitted. In an echo of Cold War meetings on neutral ground, Austria is encouraging ...