Bloomberg Turkey may sell as much as $8 billion in debt, according to a US regulatory filing, a sign the government may be preparing to ramp up borrowing as it seeks to plug a widening budget deficit. Turkey may offer the securities from “time to time in one or more offerings” and will use the proceeds for general financing purposes, ...

When in the Senate chamber, Ben Sasse, a Nebraska Republican, sits by choice at the desk used by the late Daniel Patrick Moynihan. New York’s scholar-senator would have recognized that Sasse has published a book of political philosophy in the form of a guide to parenting. Moynihan understood that politics is downstream from culture, which flows through families. Sasse, a ...

After China, it’s Hong Kong’s turn to take Moody’s Investors Service to task. The city’s financial secretary wrote a blog post on Sunday to express his displeasure with the recent one-notch cut in Hong Kong’s sovereign rating to Aa2. More than the downgrade, what seems to have really irked Paul Chan are the 16 references to “links” and “linkages;” four ...