Bloomberg South African President Jacob Zuma said the ruling African National Congress is threatened by factionalism and urged senior members vying for top party posts to consider including opponents in the new leadership that will be elected at its national conference. “Factionalism has become the biggest threat to the organization,” Zuma told about 5,000 delegates in his opening speech to …

One of Washington’s permanent parlor games is how much credit or blame a president deserves for the state of the economy. Inevitably, then, the question being asked now is whether Donald Trump or Barack Obama created today’s strong economy. The correct answer is: neither. To the extent that personal responsibility can be assigned, the worthy recipient is Janet Yellen. In …

Mario Draghi had better enjoy his winter break. Entering the home stretch of his eight-year term, the European Central Bank (ECB) president unveiled a big jump in the growth forecast and told reporters he’s increasingly confident in the outlook. His demeanor seemed almost relaxed, winding down for the year. It won’t last. The relatively upbeat outlook foreshadows a watershed moment …