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Merkel bending to populism with EU accession threat, says Turkey

Bloomberg A top adviser to Turkish President Recep Tayyip Erdogan slammed “populist” exchanges during Germany’s election campaign after Chancellor Angela Merkel said she’ll urge European Union leaders to decide whether to suspend or end Turkey’s accession to the bloc. The Turkish lira and bonds dropped on Tuesday as Merkel told the lower house of parliament in Berlin that she’ll bring ...

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Tsai names ‘popular mayor’ as premier to boost support

Bloomberg President Tsai Ing-wen named a popular southern Taiwan mayor to lead her government, as she seeks to rebuild support ahead of next year’s local elections. Tsai on Tuesday appointed Tainan Mayor William Lai to take over as premier, a move that had been widely expected after Lin Chuan resignation’s a day earlier. Lai will be tasked with reorganizing the ...

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China’s invisible influence on global economics

China may be an even bigger economic deal than we thought. Almost everyone knows that, in the past three decades, China has gone from a huge and poor nation to the world’s biggest exporter and second-largest economy. Now, in a new report, two economists claim that China’s emergence explains a lot more. Specifically, they say it fostered three major global ...

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