Lisbon / AFP Traditionally a country of emigration, Portugal has offered to take up to 10,000 migrants from countries struggling to cope with the influx, to help maintain its own population. Portugal’s socialist premier Antonio Costa last week sent letters to Austria, Greece, Italy and Sweden—countries that have seen refugees arrive in large numbers—offering to welcome up to 5,800 more ...

Bloomberg The US called off nascent talks with North Korea aimed at formally ending the Korean War when it became clear that the reclusive nation wasn’t interested in stopping its nuclear program by conducting a ballistic missile test. The talks, which Pyongyang requested according to the US, ended after North Korea rebuffed a US demand that denuclearization be a condition ...

Bloomberg Not since Nelson Mandela walked out of Victor Verster prison 26 years ago have investors been gloomier about South Africa’s economy. Money is pouring out at a record pace as inflows dwindle. The rand has plunged and unemployment is the highest among almost 40 developing nations tracked by Bloomberg. Drought is driving up food costs. Hanging in the balance ...