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Kim orders N-warhead test, missile launches

Seoul / AFP North Korean leader Kim Jong-un has ordered an upcoming nuclear warhead test and multiple ballistic missile launches, escalating Pyongyang’s face-off with the international community just days after being slapped with tough UN sanctions. The order came after Kim monitored what was described as the successful simulated test of the warhead re-entry technology required for a long-range nuclear ...

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Malaysia’s new rules to bar foreign political donations

Bloomberg Malaysia is reviewing plans to bar foreign political donations after Prime Minister Najib Razak became embroiled in a scandal over a $681 million contribution that ended up in his personal bank account. A Malaysian committee working on a framework to regulate political funding also determined that anonymous donations should not exceed 1,000 ringgit ($242) and contributions must be held ...

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Soaking the rich: A primer

There’s no subtlety about Democrats’ tax plans. Between Hillary Clinton and Bernie Sanders, details differ, but the central themes are identical: Soak the rich. To hear Democrats tell it, the country’s main budget problem is that the rich don’t pay their “fair share.” If they did, the fiscal outlook would brighten. We can now test this proposition, because the Clinton ...

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