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May accuses Juncker’s team of trying to sabotage election

  Bloomberg Prime Minister Theresa May struck back at European Commission President Jean-Claude Juncker, accusing his team of leaking details of their Brexit discussions to sabotage Britain’s election. Standing outside her 10 Downing Street office — after returning from visiting Queen Elizabeth II to mark the formal start of the campaign — May expressed her fury at seeing a long ...

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In concert of nations, can Trump orchestrate a deal?

  Here’s a shocking statement: President Trump is basically right that the world is too dangerous and that the US should hold peace talks with, let’s see, Chinese President Xi Jinping, North Korean leader Kim Jong Un, Russian President Vladimir Putin and any other autocrats who are making trouble. American values tell us to oppose the undemocratic policies of these ...

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Two subprime shocks betray India’s micro-lenders

  Mortgages are perhaps the only specialist lending that will survive in India. Every other form of credit, especially subprime, is made so risky by the country’s fickle policies and populist politics that it must eventually lose its independence in the safety of a deposit-taking bank. Bharat Financial Inclusion Ltd., India’s biggest micro-lender, is a good example. Bad loans at ...

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