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‘Stable German government key to strong Europe’

Bloomberg Angela Merkel said Germany needs a stable government to strengthen Europe in a world fraught with risk as her Social Democratic rivals agreed to talks that could lead to a renewed alliance with the chancellor. As she seeks to end Germany’s political stalemate and clear the way for her fourth term, Merkel argued that a EU without a strong ...

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Peru opp moves to force out President over payments

Bloomberg Opposition lawmakers began an effort to force Peruvian President Pedro Pablo Kuczynski out of office after he rebuffed calls to resign over his ties to companies that received payments from disgraced Brazilian builder Odebrecht SA. Congressmen from three parties presented a motion to remove the center-right president on the grounds of moral incapacity. The unicameral Congress will hold an ...

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The true tax gap: How about $12 trillion!

When historians examine President Trump’s tax programme, they will surely be struck by a large and momentous contradiction. Although the nation faces endless budget deficits — and although the president purports to speak about the future — his tax programme does little or nothing to curb long-term deficits and, arguably, might make them worse. It is said that the tax ...

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