Bloomberg President Donald Trump announced new restrictions limiting US citizens’ ability to travel to and do business in Cuba, moving to roll back his predecessor’s historic rapprochement and drawing a rare rebuke from the nation’s largest business lobbying group. The changes Trump announced include a ban on Americans doing business with the military and intelligence-affiliated companies that control large swaths ...
Read More »Politics
Queen sees ‘sombre mood’ after fire as May struggles
Bloomberg Queen Elizabeth II declared a “somber national mood†after the deadly apartment tower fire in West London killed at least 30 people as doubts mount about Prime Minister Theresa May’s handling of the crisis. For two days, May’s government has struggled to respond to the fire at Grenfell Tower, opened four decades ago as state-subsidized housing. She met survivors ...
Read More »Even after thirteen weeks into Lee trial, no smoking gun
Bloomberg The trial of Jay Y. Lee, heir to the Samsung Group empire, has featured thousands of pages of documents and hundreds of hours of testimony from dozens of witnesses. But experts say one thing is missing: a smoking gun. The billionaire stands accused of paying bribes to South Korean President Park Geun-hye and then trying to conceal it, charges ...
Read More »Sessions defends Trump as Dems hit him for ‘stonewalling’
Bloomberg Attorney General Jeff Sessions played two starkly different roles as he fielded questions from lawmakers over the firing of FBI chief James Comey and alleged Russian connections to himself and other associates of Donald Trump. For Republicans at Tuesday’s hearing of the Senate Intelligence Committee, Sessions was the nation’s top law enforcement officer, defending the president and declining to ...
Read More »Romanian PM’s job at risk as ruling party assesses record
Bloomberg Romanian Prime Minister Sorin Grindeanu’s job is on the line as the ruling party meets to discuss his government’s performance following signals he may be pushed out. The premier, who took up his post in January, refused a demand from Social Democratic leader Liviu Dragnea for him to resign, according to two people with knowledge of the talks who ...
Read More »Indian tycoon Mallya says ‘keep dreaming’ over alleged fraud
Bloomberg Fugitive Indian tycoon Vijay Mallya said there was “no loan diverted anywhere” and reporters could “keep dreaming” about allegations he committed a billion-dollar fraud as he waded through cameras outside a London court. Appearing on Tuesday at Westminster Magistrates’ Court for a hearing on his extradition after his April 18 arrest, Mallya was mobbed by questions from reporters, a ...
Read More »British PM resumes talks to keep power
Bloomberg Theresa May is under growing pressure to abandon her plan for a hard Brexit as she tries to stitch together a deal with Northern Ireland’s Democratic Unionists that will keep her Conservative Party in power. Two former Tory prime ministers broke cover to demand that May reassess her approach to leaving the European Union after she lost her parliamentary ...
Read More »Irish face Brexit talks with new ‘rock star’ PM
Bloomberg Leo Varadkar visited Galway last year, spending a day-and-a-half checking out state-sponsored jobs programs in the west of Ireland before heading to Eyre Square for a late-night snack. The 38-year-old social protection minister, who will be sworn in Wednesday as Ireland’s youngest-ever prime minister, was quickly mobbed by revellers enjoying hamburgers, recalls Peter Feeney, a local councilor accompanying Varadkar ...
Read More »Venezuelan casual protesters drop out as clashes heat up
Bloomberg After more than 70 days of protests against President Nicolas Maduro, Venezuela’s bitter political standoff has burned down to a fiery core. Anti-government demonstrations once drew turnouts of over a million, but weeks of tear gas and water-cannon blasts have dissuaded casual protesters. Those who remain are more strident, more disruptive and more willing to confront security forces, who ...
Read More »Russian breach of 39 states threatens future US elections
Bloomberg Russia’s cyberattack on the US electoral system before Donald Trump’s election was far more widespread than has been publicly revealed, including incursions into voter databases and software systems in almost twice as many states as previously reported. In Illinois, investigators found evidence that cyber intruders tried to delete or alter voter data. The hackers accessed software designed to be ...
Read More »