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US economy not bright enough to offset global growth slowing

Bloomberg The US boom won’t be enough to stop the rest of the world economy from slowing. Finance ministers and central bankers head to Indonesia next week for the International Monetary Fund’s annual meeting, with the lender signalling it will cut its global growth forecasts for the first time in two years after the best upswing since 2011. That’s despite ...

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Bitterly divided Brazilians start voting with democracy at stake

Bloomberg Brazilians are putting their young democracy to a political stress test, going to the polls deeply divided after years of corruption and recession have pummeled faith in their institutions. The 147 million voters in Latin America’s largest economy have from 8 am until 5 pm on Sunday to cast ballots for a new president as well as most state ...

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Populist surge fails to dislodge Latvia’s pro-Western parties

Bloomberg A populist surge wasn’t enough to dislodge the pro-Western centrist parties that have ruled Latvia for more than 25 years. While the governing coalition lost ground at elections on Saturday, Prime Minister Maris Kucinskis said newly formed parties with similar ideologies can join to represent a majority in parliament. That would once again lock out the Russia-leaning Harmony, which ...

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