Bloomberg Ireland’s government pledged to stand by its embattled deputy leader, raising the stakes in a stand-off which could lead to a surprise general election. Prime Minister Leo Varadkar won’t “abandon” his deputy, Frances Fitzgerald, Irish Foreign Minister Simon Coveney said in a RTE radio interview after opposition political forces demanded she resign over her handling of a whistle blower ...

In the run-up to the UK’s 2016 referendum on leaving the European Union, and immediately after it, the ‘remain’ campaign was much derided for fear-mongering. People are sick and tired of experts warning about doomsday scenarios, said Conservative politician and lead-Brexiter Michael Gove. Those warning that Brexit would cost the economy were dubbed “remoaners”; Chancellor of the Exchequer Philip Hammond ...

India’s fledgling bankruptcy regime is turning both karmic and American. Eat, pray, love; applaud the shift. The government tweaked the 2016 insolvency law on Wednesday to disallow managements that have been “willful defaulters” from bidding for their own assets. That weird term has been defined by the central bank as instances where borrower firms didn’t repay while having the capacity ...