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Bahrain credit risk falls to 5-month low

Bloomberg Bahrain’s credit risk declined to the lowest level in five months on optimism the nation’s neighbours will soon come to the island-state’s rescue with an aid package. The cost of insuring Bahrain’s debt against default fell 34 basis points last week on relief that Saudi Arabia, the United Arab Emirates and Kuwait were said to be considering a $10 ...

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Battle over the name Macedonia rages after weak vote turnout

Bloomberg The Republic of Macedonia’s leader threatened to call snap elections next month if he fails to win support to change his country’s name after voters backed him in a referendum clouded by low turnout. The conflicted outcome of plebiscite sets the stage for a bruising battle ahead for Prime Minister Zoran Zaev, who’s pushing to settle a 27-year-old row ...

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Nigeria’s Buhari vows to end insurgency as he seeks second term

Bloomberg Nigerian President Muhammadu Buhari promised to end a deadly insurgency by Boko Haram militants, renewing a pledge he made ahead of his 2015 election as he seeks a second term. “There has been a steady improvement in the security situation in the northeast,” Buhari said Monday in a TV broadcast marking Nigeria’s 58th anniversary of independence from British rule. ...

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