Bloomberg Slovakia’s outgoing president is mounting a challenge against the country’s dominant political force, capitalising on a wave of anti-corruption outrage that helped elect a pro-European liberal to replace him. Andrej Kiska will create a new political party after stepping aside in June to make way for the euro-area member’s first woman president, Zuzana Caputova, who won by a landslide ...

Bloomberg Philippine President Rodrigo Duterte is maintaining a friendly tone towards China, even after defense officials raised concerns over an increased Chinese presence around a disputed island in the South China Sea. China isn’t after Philippine territory and hasn’t asked for anything in exchange for the weapons and aid it’s given the Philippines, Duterte said in a campaign speech in ...

With recession anxieties climbing, people are increasingly worried about the Federal Reserve’s capacity to respond. I take issue with the premise: I don’t expect a recession this year, and when one does come I think it will be mild enough for the Fed to handle. Three factors seems to be driving recession fears. First, recent data — such as weak ...