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Qaddafi regime’s legacy fuels violence in W Africa

Bloomberg Centuries-old communal tensions across West Africa are taking an increasingly bloody turn, fuelled by competition for land and water and an influx of weapons and fighters from Libya. Nigerian President Muhammadu Buhari has blamed that cocktail of guns and gunmen for the intensifying clashes between crop farmers and herders as well as robberies and kidnapping by bandit gangs. The ...

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Brexit bill to be paid even without trade deal, admits UK

Bloomberg A leading Brexit minister in Theresa May’s government was forced into a painful political admission — the UK is legally bound to settle its divorce bill even if it doesn’t get a future trade deal with the EU. To make the bitter pill of 39 billion pounds ($52 billion) easier to swallow for the public and Brexit cheerleaders, May ...

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China couldn’t sustain growing like mad forever

China, not the US, is the world’s largest economy. Though the US still tops when measured at market-exchange rates, China is about 20 percent larger after adjusting for the lower cost of goods and services there. The latter metric is what really counts, both in terms of standards of living and, probably, in terms of military purchasing power. With four ...

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