Bloomberg North Korea faces a sharp cut in coal exports under a United Nations Security Council resolution that’s aimed at punishing Kim Jong Un’s regime for a September nuclear test by cutting off his government’s few sources of hard currency. The resolution, a copy of which was obtained by Bloomberg News, would deny Pyongyang at least $700 million a …

  Brussels / AFP The EU unveiled ambitious plans on Wednesday to boost joint defence spending including on shared assets like drones and helicopters, as concerns grow that President-elect Donald Trump may downgrade the US security commitment. Trump shocked longtime NATO allies in Europe when he suggested on the campaign trail be would think twice about coming to their aid …

  New York / AFP Workers from fast-food chains, airports and other service industries rallied in US cities as part of a nationwide day of disruption to demand union rights and a minimum wage of $15 an hour. In New York, a group of 500 that included airport and taxi workers joined a union-backed “Fight For 15” march in front …