Bloomberg Former Trump White House National Security Adviser Michael Flynn agreed to turn over a limited number of documents sought by the Senate Intelligence Committee for its investigation into Russian interference in the 2016 election. Flynn has agreed to initially produce documents the committee subpoenaed from his two companies, Flynn Intel LLC and Flynn Intel Inc., according to a person ...
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Bulgaria seeks political backing to switch to euro
Bloomberg A decade after joining the European Union, Bulgaria is stepping up its lobbying efforts to switch to the euro, part of an expansion by the bloc that could help stabilize the volatile Balkan region. The former communist country will ask euro-area politicians to back its bid to join the ERM-2 exchange-rate mechanism, the precursor to adopting the common currency, ...
Read More »After 4 months of Trump, old world order alive but unwell
Bloomberg Four months into Donald Trump’s presidency, the sky has not fallen in on the system of global governance the US did so much to construct since World War II. It is, however, in deep trouble. Trump has not followed through on pre-election threats to declare the North Atlantic Treaty Organization obsolete, abandon the North American Free Trade Agreement, accept ...
Read More »McCain: Trump’s actions have unsettled allies and Americans
Bloomberg President Donald Trump has unsettled allies, as well as Americans, Senator John McCain said during a speech in Sydney on the future of U.S. relations with Asia. McCain —the chairman of U.S. Senate Armed Services Committee and the Republican presidential nominee in 2008—said on Tuesday that Australia wasn’t alone in questioning whether America was still committed to upholding peace ...
Read More »S Korea’s Moon orders probe after missile shield surprise
Bloomberg South Korea’s new president, Moon Jae-in, ordered an investigation into how the final components of a controversial U.S. missile shield had arrived in the country without his knowledge. The president initiated the probe after learning that a complete set of six launchers were on South Korean soil, Moon’s spokesman, Yoon Young-chan, told a news conference Tuesday. Previous Defense Ministry ...
Read More »Italy moves towards early vote as election law deal nears
Bloomberg The path is beginning to clear for Italians to head back to the polls as the country’s main political parties near a deal on a new electoral law. Italy’s biggest parties are considering a proportional system similar to the German model with a 5 percent cut-off for smaller parties, and lawmakers are due to discuss a first draft of ...
Read More »North Korea launches ballistic missile, ignoring G-7 warning
Bloomberg North Korea conducted another ballistic missile test early Monday, drawing condemnation from South Korea and Japan just days after world leaders urged Kim Jong Un to abandon his nuclear weapons program. The missile, which appears to be a Scud variant, was fired at 5:39 a.m from Wonsan off North Korea’s east coast and flew 450 kilometers towards Japan, according ...
Read More »Philippines says fight with IS militants nearing end
Bloomberg Philippine forces said they’re in control of most of Marawi, the southern city where almost 100 people were killed and 60,000 displaced following clashes in the past week between the military and Muslim extremists linked to IS. “Our ground commanders have assured that the end is almost there,†Brigadier General Restituto Padilla said in a televised briefing in Manila ...
Read More »Macron hosts Putin as Merkel insists Europe must assert itself
Bloomberg French President Emmanuel Macron was expected to give Russia’s Vladimir Putin a tour of the royal palace at Versailles near Paris on Monday, following up his debut at the Group of Seven meeting last week. On their first encounter, the two leaders have a range of tricky topics to discuss, including what Macron called Russia’s “invasion†of Ukraine and ...
Read More »Trump decides next week if he’ll quit Paris climate accord
Bloomberg Donald Trump continued to distance himself from fellow world leaders over climate change at the G-7 summit, and said he’ll determine next week whether to pull the US out of the landmark Paris climate accord. “I will make my final decision on the Paris Accord next week,†the president told his almost 31 million Twitter followers on Saturday. While ...
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