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Ousted Catalan leader summoned to court from Brussels exile

Bloomberg Ousted Catalan President Carles Puigdemont was summoned to a Spanish court on suspicion of sedition, forcing the rebel leader to choose between a possible 30-year jail term and life as a leader in exile. Puigdemont fled to Brussels after Spain seized control of his semi-autonomous government in response to Catalonia’s declaration of independence. While members of his team who ...

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Might Xi Jinping’s star be burning too bright?

President Xi Jinping’s command at this month’s Communist Party gathering was so complete that President Trump likened him to a ‘king.’ But some China analysts are wondering whether Xi has overreached. Xi dominated the stage, literally and figuratively, at the party’s 19th Congress, which ended this week in Beijing. He consolidation of power has nearly erased the collective leadership style ...

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Europe needs to deal with existing stock of non-performing loans

Financial regulators in the European Union are grappling on several fronts with problems in their banking system. They’ve made some progress, but there’s a pattern: The proposals fall short. Plans for EU-wide deposit insurance have been watered down. The system for resolving failing banks is underfunded. And now controversy has arisen over new rules for dealing with bad loans — ...

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