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Soldiers in streets as Maduro plans new constitution

Bloomberg Venezuelans are stockpiling scarce food and water as tensions mount ahead of a widely criticized Sunday vote that President Nicolas Maduro has called to elect an assembly of supporters to rewrite the constitution and strengthen his grip on power. Maduro—who’s presided over an increasingly autocratic regime that has imperiled the country’s six-decade democracy and left the economy and society ...

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Rajoy brushes off lawyer’s attacks in corruption trial

Bloomberg Prime Minister Mariano Rajoy batted away questions from lawyers prosecuting his former party colleagues as they tried to tie him in to an alleged bribery ring run from the group’s headquarters. Rajoy said that he’d never had anything to do with party finances, despite running four election campaigns and serving as president since 2004. He insisted that he never ...

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Petronas deals fresh blow to Canada’s energy patch

Bloomberg Petroliam Nasional Bhd.’s decision to back out of a giant gas-export project on Canada’s Pacific Coast is the latest hit to the country’s energy sector — and to Prime Minister Justin Trudeau’s plan of balancing energy exports and climate action. The Malaysian state-run oil and natural gas producer cited an “extremely challenging environment” of low prices and other changes ...

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