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Merkel voices ‘great concern’ over Turkey ahead of visit

  Berlin / AFP German Chancellor Angela Merkel said some political developments in Turkey were a source of “great concern” and pledged to address them during a visit to the country on Monday. Merkel said she was ready to discuss “all the important questions” with Turkish President Recep Tayyip Erdogan when they meet in Istanbul on the sidelines of a ...

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Kerry urges further reforms in Myanmar to boost democracy

  NAYPYIDAW /AP US Secretary of State John Kerry on Sunday urged Myanmar’s new civilian-led government to complete the Southeast Asian nation’s transition to democracy by implementing further reforms to enshrine free markets, development and human rights. Speaking with Myanmar’s foreign minister and de facto leader, Aung San Suu Kyi, after talks in the capital of Naypyidaw, Kerry pledged continuing ...

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The online lending scare

Could online lending cause the next financial crisis? While the odds seem overwhelmingly against it, the recent turmoil at LendingClub — a leading online lender — makes it hard not to ask the question. There are some disquieting parallels with subprime mortgages, which seemed beneficial until sloppy and fraudulent lending practices triggered a wider collapse of confidence. Are we about ...

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