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US Virgin Islands to receive $800mn Federal loans

Bloomberg The US Virgin Islands expects to receive $800 million in emergency loans from the $36.5 billion storm aid bill approved by Congress earlier this month, Governor Kenneth Mapp said. The first draw down will occur over the next 10 to 15 days and will go towards rebuilding essential infrastructure such as hospitals and its water and power systems. The ...

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Social media companies get unaccustomed grilling on Russia ads

Bloomberg Facebook Inc., Google and Twitter Inc.— technology powerhouses actively cultivating their influence in Washington—received an unaccustomed grilling and even ridicule in their first appearance before Congress over Russian meddling in last year’s presidential campaign. Two hearings on Wednesday might bring more of the same for top attorneys from the companies, who were forced to acknowledge to a Senate Judiciary ...

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EU, UK close to agreeing new Brexit talks

Bloomberg The European Union’s chief Brexit negotiator said he’s ready to intensify the pace of talks with the UK, as the window of opportunity to begin trade talks this year is closing. “I’m ready to speed up negotiations,” Michel Barnier told reporters in the Slovak capital Bratislava on Tuesday. “We have proposed three dates, three weeks of new rounds of ...

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