Bloomberg Speaker Nancy Pelosi is facing new pressure from House Democrats to open impeachment proceedings as she planned to meet with her party behind closed doors on Wednesday to discuss President Donald Trump’s defiance of congressional investigations. Several influential Democratic lawmakers, including a few top Pelosi lieutenants, in recent days joined calls to begin an impeachment inquiry, spurred by Trump’s ...

Bloomberg On a cool Delhi evening in November 2016, Narendra Modi hastily called a national address to make the most consequential decision of his premiership: Effective at midnight, some 86 percent of India’s cash would no longer be valid in a bid to stamp out corruption. Panic quickly ensued as India’s 1.3 billion people—many with no bank accounts or credit ...

In any tense military confrontation, diplomats start looking for an “off ramp” that could de-escalate tensions. But in the current standoff between the United States and Iran, it’s hard to find any such exit route. The US-Iran faceoff is one of those odd situations where both players appear eager to set off sparks, although neither seems to want a raging ...