Politics

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 ...

Bloomberg Serbia’s government mustn’t send conflicting signals about its strategic goal of joining the European Union rather than aligning with Russia, Deputy Premier Zorana Mihajlovic said in a thinly veiled rebuke of her party’s ruling partners. “We who lead Serbia should more clearly say so, to avoid the situations which in the morning we want to be in the EU, ...

Bloomberg President Donald Trump is about to see whether his bet on North Korea will pay off: that Kim Jong-un’s desire to end his country’s economic strangulation and pariah status will prevail over the dictator’s fear of relinquishing his nuclear threat. Trump and Kim have yet to agree even on how to define denuclearisation of the Korean peninsula — the ...

Bloomberg President Donald Trump broadsided his allies and upended a Group of Seven meeting just as it wound up — disavowing a joint statement the US had agreed to, lashing out at Canada’s Justin Trudeau and ratcheting up trade tensions. Trump fired off a pair of tweets several hours after leaving the summit in Canada to fly to Singapore for ...

Bloomberg Far-right ex-army captain Jair Bolsonaro garnered more support in the wake of a crippling truckers’ strike that brought parts of Brazil to a standstill, a Datafolha opinion survey showed. The poll released by Folha de S.Paulo newspaper has Bolsonaro with 19 percent of vote intentions, up from 17 percent in an April poll. Former Environment Minister Marina Silva was ...

Bloomberg US Special Counsel Robert Mueller’s latest indictment is significant beyond the new charges, in that it links senior officials on President Donald Trump’s presidential campaign to Russian intelligence in a criminal matter. Mueller’s indictment released against Trump’s former campaign chairman, Paul Manafort, adds charges to allegations that Manafort did illegal lobbying work for Ukraine and laundered millions of dollars ...

Bloomberg Prime Minister Theresa May will seek to quash Cabinet squabbling over her Brexit strategy by hosting another away-day at her countryside retreat early next month, as a potentially explosive new proposal emerged. May is facing a torrid time trying to reconcile Brexit backers and pro-Europeans in her top team, with the fight laid bare spectacularly. First there was widespread ...

Bloomberg Israeli troops killed four Palestinians along the Gaza Strip border on June 08 as the Hamas group that rules the coastal strip struggled to revive a flagging protest campaign. About 10,000 people protested at five spots along the border, sending flaming kites and airborne pipe bombs into Israel and hurling rocks and grenades, the Israeli army said. At least ...

Bloomberg President Donald Trump said Russia should be allowed back into the G-8 bloc, lobbing another point of friction into an-already fraught summit with allies in Canada. “Russia should be in this meeting,” Trump told reporters in Washington as he left the White House to fly to Canada. “Whether you like it or not, and it may not be politically ...