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Fernandez wins in Argentina as Macri’s austerity rebuffed

Bloomberg President-elect Alberto Fernandez will discuss the transition of power in Argentina with the defeated incumbent, Mauricio Macri, after an election in which voters opted for left-wing populism over pro-market policies to combat the country’s economic crisis. Fernandez, a political insider who has never held national office, was expected to meet with Macri on Monday after sweeping to power in ...

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EU agrees to ‘Brexit extension’ as UK election looms

Bloomberg The European Union agreed to grant the UK a three-month Brexit delay to January 31, removing the risk of a damaging no-deal split on Thursday as the British government tries to end the impasse in parliament. Prime Minister Boris Johnson was expected to push a vote in the House of Commons on Monday to trigger an early general election, ...

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Merkel coalition battered in regional vote

Bloomberg Chancellor Angela Merkel’s coalition faced a renewed setback with a resounding defeat in a state election and its main ally wavering over support for the government. Merkel’s Christian Democrats Union (CDU) plummeted nearly 12 percentage points from 2014 to 21.8% in an election for state assembly in the eastern state of Thuringia, according to preliminary results. At the same ...

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