Bloomberg Theresa May’s government declared Brexit talks are “deadlocked” as ministers urged the European Union to make a last minute concession to stop the deal being thrown out by Parliament this week. May’s office said on Monday that she spoke to European Commission President Jean-Claude Juncker by telephone late on Sunday, but the prime minister is not planning to travel ...

Bloomberg A Philippine news website critical of President Rodrigo Duterte violated a constitutional ban on foreign ownership in media companies, the Court of Appeals said in a decision released Monday. Rappler Inc. cannot claim that it is 100-percent Philippine-owned as required by law, the appeals court said, standing by its earlier decision affirming Securities and Exchange Commission’s closure order. The ...

If nothing else, the latest US trade deficit — $621 billion in 2018 for goods and services — should give President Trump a lesson in the economics of trade. Trump has insisted that a successful policy requires a trade surplus (good) and the absence of a deficit (bad). That’s wrong, as many economists have argued. The economists are right. Not ...