Bloomberg Queen Elizabeth II, Great Britain’s longest-serving monarch, will be laid to rest on Sept. 19, Buckingham Palace announced, hours after her son was officially proclaimed King Charles III. The funeral, which will be designated a national holiday, will be held at Westminster Abbey in London, the Palace said in a statement. Over the course of the next week, the ...
Read More »Politics
Italy’s next leaders face grim outlook as Draghi stint nears end
Bloomberg The winners of Italy’s September 25 election will take charge of an economy still warm from a summer boom, but with darkening prospects. High debt, an inflation shock, weak growth, an aging population and stubborn North-South disparities may greet the center-right coalition led by Brothers of Italy Leader Giorgia Meloni. Opinion polls before a blackout period showed her alliance ...
Read More »â€˜Visa’ aimed at rich Chinese faces axe in Australia
Bloomberg Australia is set to review a visa for people who invest at least A$5 million ($3.4 million) in the country, with the home affairs minister saying she sees little reason to retain the program that has been criticized as providing a fast track for wealthy Chinese. The Significant Investor visa is designed to attract funds into the country, ...
Read More »Greek coastguard fires at trade vessel: Turkey
Bloomberg Turkey said the Greek Coast Guard fired on a ship in international waters in the northern Aegean Sea, marking another potential escalation of tension between the Nato countries Saturday, as Greek Prime Minister Kyriakos Mitsotakis accused its neighbor of “bullying.†Two Greek boats opened fire on a Comoros-flagged vessel named Anatolian, state-run Anadolu Agency reported, citing the Turkish ...
Read More »The world mourns Queen Elizabeth II
Bloomberg The death of Queen Elizabeth II prompted an outpouring of condolences from global leaders, many noting that her long reign provided constancy to a world beset by wars, a pandemic and other crises. US President Joe Biden said she “defined an era.†“In a world of constant change, she was a steadying presence and a source of comfort and ...
Read More »North Korea allows ‘automatic’ nuclear strikes
Bloomberg Kim Jong Un expanded the circumstances under which North Korea would launch a nuclear strike — including attacking automatically if his leadership is threatened — further raising the stakes for any military confrontation with the US and its allies. North Korea laid out its new nuclear doctrine in a law approved by the Supreme People’s Congress in Pyongyang, according ...
Read More »Trump’s lawsuit against Hillary Clinton dismissed
Bloomberg A federal judge in Florida dismissed a lawsuit filed by former president Donald Trump that blamed Hillary Clinton and others for conspiring to malign his character. Trump’s suit accused more than two dozen defendants of orchestrating “a malicious conspiracy to disseminate patently false and injurious information about Donald J. Trump and his campaign, all in the hopes of ...
Read More »Ukraine army’s breakthrough in north threatens Russian grip
Bloomberg A Ukrainian counteroffensive appears to be progressing in the north, but less so in the southern Kherson region that has attracted greater attention and Russian reinforcements. Ukrainian officials and Russian military bloggers alike on Thursday described a counteroffensive in the north that has surprised in its speed, the first time since the war began that Ukrainian forces have been ...
Read More »Defiant Putin says his war in Ukraine will strengthen Russia
Bloomberg President Vladimir Putin said Russia will emerge stronger from his invasion of Ukraine as he lashed out at US and European “sanctions fever†in response to the war. “I’m sure that we’ve lost nothing and won’t lose anything,†Putin said at the Eastern Economic Forum in Vladivistok on Wednesday, after he was asked about the conflict in Ukraine by ...
Read More »Baltics reach deal on Russia visa entry ban by mid-September
Bloomberg The European Union’s Baltic members agreed to coordinate a visa ban for most Russian citizens at their borders and will aim to pass national measures by mid-September. The move would further complicate access to the EU for Russian holders of Schengen visas to travel throughout the bloc’s visa-free travel zone. Latvia and Estonia are finalizing the details of ...
Read More »