Bloomberg Poland’s coalition of pro-European opposition parties broke apart when the Peasants Party withdrew after faring badly in European Parliament ballot. The move plays into the hands of the ruling Law & Justice party, which won the European Union ballot with a record 45 percent support, eating into the Peasants’ traditional rural stronghold and taking the driver’s seat for this ...

Bloomberg The leader of German Chancellor Angela Merkel’s junior coalition partner stepped down in a surprise move that puts into question the survival of the government itself. Andrea Nahles, head of the Social Democratic Party (SPD), said she will resign as chief and parliamentary caucus leader after losing the rank and file’s backing. The party suffered a devastating defeat in ...

Bloomberg If euphoria was the concern, you can stop worrying. With books now closed, the S&P 500 has formally delivered its worst May return in seven years and second-worst since the 1960s, falling 6.6 percent. For tech traders watching the Nasdaq 100, the experience was only a shade less harrowing than the crash months of October and December. Peace has ...