Bloomberg Saudi Arabia’s Deputy Crown Prince Mohammed Bin Salman was named to replace his cousin as heir to the throne in a shake-up that consolidates the 31-year-old leader’s power in the world’s biggest oil exporter. The king’s decision to elevate his son, who already controlled the defense, oil and economy portfolios, was supported by 31 out of 34 members of ...
Read More »Politics
May faces new political reality with Brexit-heavy program
Bloomberg Prime Minister Theresa May will make her first attempt to engage with Britain’s new political landscape as she publishes a legislative program heavy on Brexit and likely to be light on anything controversial. Queen Elizabeth II was expected to read out the plans to lawmakers at 11:30 a.m. in London on Wednesday in an occasion stripped of most of ...
Read More »Germany warns US against ceding lead role to China, Russia
Bloomberg Wolfgang Schaeuble, Germany’s veteran finance minister, urged the US to limit Russian and Chinese influence or risk bringing about “the end of our liberal world order.†The comments by Schaeuble, a member of Chancellor Angela Merkel’s cabinet since she took office in 2005, are one of the strongest expressions of concern among European policy makers that President Donald Trump’s ...
Read More »Brexit talks kick off in Brussels as May urged to soften stance
Bloomberg Brexit talks finally began on Monday, almost a year since Britons voted to leave the European Union and amid confusion over what exactly the UK government wants from the divorce. What UK Brexit Secretary David Davis describes as the “most complicated negotiation of all time†began at 11 a.m. in Brussels with Prime Minister Theresa May’s government already on ...
Read More »Suspected terror attack near London mosque kills one
Bloomberg UK police are treating an incident in which a van plowed into a crowd outside a north London mosque as the third terrorist attack on the capital in as many months. One man died and 10 people were injured, all of them “from the Muslim community,†Deputy Assistant Commissioner Neil Basu told reporters in London on Monday. The attack ...
Read More »Mali forces kill assailants, free hostages after resort attack
Bloomberg Special forces in Mali killed two assailants and freed all hostages after an attack in which at least another two people died at a resort that’s popular with foreigners on the outskirts of the capital, Bamako. The “terrorist attack†started a 4 p.m. at Le Campement Kangaba, near the suburb of Dougourakoro, the security ministry said in a statement ...
Read More »Iran fires missiles at Syria after Tehran attacks
Bloomberg Iran said it fired missiles at IS targets in Syria in retaliation for the extremists’ deadly attacks in Tehran last week, a rare strike signaling Iran’s willingness to escalate its use of military power in the region’s conflicts. Six surface-to-surface missiles were launched on Sunday from western bases in Iran at command centers, logistic sites and suicide car bomb ...
Read More »Abe’s popularity slides as Japan scandals take toll
Bloomberg Japanese Prime Minister Shinzo Abe’s grip on the ruling Liberal Democratic Party appeared to be slipping as concerns about cronyism and the rushed passage of an “anti-conspiracy†law triggered his biggest drop in support since taking office in 2012. After repeated denials, government documents emerged last week pointing to his office’s possible involvement in favors given to a close ...
Read More »Macron generation sweeps out old guard promising change
Bloomberg In 16 years since leaving university, Olivia Gregoire advised the French and Peruvian governments on health care, created her own marketing firm, and got to know the inside of job centers and labor courts when the euro crisis left her unemployed. On Monday she starts a new career as a lawmaker representing a middle-class district of Paris for President ...
Read More »France’s election marathon ends as Macron set for landslide win
Bloomberg The French voted on Sunday for the fourth time in two months and the main outstanding question is just how big a majority they will hand President Emmanuel Macron. Polls from Harris and OpinionWay last week projected that Macron’s Republic on the Move movement, known as REM, may take up to 80 percent of the seats in the 577-member ...
Read More »