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 »Politics
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 »Catastrophic forest fire leaves 57 dead in northern Portugal
Bloomberg At least 57 people have been killed by a forest fire in northern Portugal, with many of the victims dying on the road as they tried to flee, authorities said. Thirty people were killed in their cars and 17 were found outside their vehicles by the side of the road near Pedrogao Grande, Secretary of State for Internal Administration ...
Read More »Trump not under probe for obstruction, lawyer tells NBC
Bloomberg Donald Trump isn’t under investigation by special counsel Robert Mueller, a member of the president’s legal team said, despite Trump’s own comments on social media this week that he’s the target of a “witch hunt.†“The president is not and has not been under investigation for obstruction,†attorney Jay Sekulow said on NBC’s “Meet the Press†on Sunday. The ...
Read More »Trump rolls back Obama-led Cuba opening with limits on new deals
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 »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 »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.