Bloomberg India’s main opposition Congress party has promised income support for each poor family who earn less than 12,000 rupees ($174.30) per month as part of its electoral giveaways aimed at wresting power from PM Narendra Modi’s ruling coalition. Describing it as the world’s largest minimum income plan, Congress President Rahul Gandhi said 20 percent of poor families across the ...

Bloomberg Theresa May is inclined to put her Brexit deal to a third vote in Parliament on Tuesday, according to people familiar with the matter. The EU said it’s now prepared to handle the impact of the UK leaving without an agreement, a scenario it described as “increasingly likely.” May was expected to make statement to parliament on Brexit on ...

President Donald Trump’s proposed budget for 2020 is a fairly standard list of conservative priorities. Trump would spend more on military and border security and cut funding for health care, including Medicare and Medicaid, as well as welfare programs such as food stamps. The problem with Trump’s budget isn’t the deficits that it would create. These would be substantial — ...