Bloomberg Hungarian Prime Minister Viktor Orban’s role as a trailblazer for resurgent nationalist forces in the European Union faces a reckoning as the bloc’s largest political family weighs whether to expel or suspend his illiberal party two months before crucial EU elections. The verdict by the European People’s Party (EPP) due on Wednesday afternoon was expected to signal whether the ...

Bloomberg Indian diamond tycoon Nirav Modi, who allegedly defrauded a state-run bank of $2 billion, was arrested and is due to appear in court on Wednesday, London’s Metropolitan police said in a statement. Indian authorities are seeking to extradite Modi, who dressed stars including Kate Winslet, Dakota Johnson and Priyanka Chopra, and face charges of fraudulently acquiring guarantees from Punjab ...

Bloomberg Kazakhstan began a new political era, at least formally, as Kassym-Jomart Tokayev was sworn in as president on Wednesday, succeeding leader-for-life Nursultan Nazarbayev. One of his first acts was to move Nazarbayev’s daughter into contention as a successor. The Kazakh Senate unanimously elected Dariga Nazarbayeva as the body’s new chairwoman, putting her formally in the line of succession to ...