Bloomberg Spain is headed for its fourth election in as many years in November as the latest failure to produce a governing alliance highlighted the increasingly fractured state of its politics. “Spain needs stability, moderation, a progressive government — it doesn’t need deadlock,” acting Prime Minister Pedro Sanchez said in a stormy parliament session as political opponents assailed him for ...

Bloomberg Malaysian ruling party leader Anwar Ibrahim, who cut a deal to become the country’s next prime minister ahead of last year’s election, said he should take power around May 2020. “There’s an understanding that it should be around that time, but I don’t think I should be too petty about the exact month,” Anwar said in an interview, when ...

The idea that interest rates could be “negative” seems so counterintuitive that it defies easy understanding. Yet, here we are. Some foreign central banks (among them, the European Central Bank (ECB) and the central banks of Denmark and Sweden) have adopted them. No less a figure than former Federal Reserve Chairman Alan Greenspan has suggested that it’s just a matter ...