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Romania’s Dragnea tightens grip on power

Bloomberg Romania’s de facto leader strengthened his grip on power by helping elevate an ally to a pivotal post within the ruling party. Social Democrat boss Liviu Dragnea’s proposal to make Prime Minister Viorica Dancila executive president was approved by the party’s congress, which is usually convened every four years, after two other candidates withdrew before the vote. The move ...

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Sierra Leone vote may see run-off

Bloomberg Presidential elections in Sierra Leone will probably go to a second round as the two main political parties remain neck-and-neck with half the votes counted. The count of 50 percent of the ballots showed that the ruling All People’s Congress got 566,113 votes, while the main opposition Sierra Leone People’s Party obtained 564,687 votes, according to the National Electoral ...

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Any trade war is going to be very tactical, for now

With moderate economic adviser Gary Cohn set to exit the White House, and US President Donald Trump reportedly mulling broad curbs on imports from China, fears of a 1930s-style trade war are spiking. Indeed, for the past several months, a potential US-China trade battle has ranked as one of the key macro investment risks of 2018. Given Trump’s predilections and ...

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