Bloomberg Panama is opening diplomatic relations with China, the latest blow to Taiwan as Beijing’s leaders seek to isolate the self-governed island. Panamanian President Juan Carlos Varela announced the move in a national address. China is the second-biggest user of the Panama Canal and has played a key role in sectors from banking to telecommunications, he said, adding that Taiwan …

Bloomberg Most of the hundreds detained at Monday’s anti-Kremlin protests in Moscow were released overnight, while opposition leader Alexey Navalny was sentenced to 30 days for his role in organizing the unsanctioned rally. Of the more than 800 people detained in Moscow, at least 32 were still being held at 4 a.m. local time, according to OVD-Info, a group that …

Bloomberg Finland’s Prime Minister Juha Sipila could face a tight squeeze to avoid a snap election after the biggest opposition parties quickly ruled out giving him any help in the current political impasse. Sipila put a new election into play on Monday after he and the National Coalition dumped their junior coalition partner, The Finns, in a bid to find …