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Erdogan threatens attack on US ally in Syria to seal border

Bloomberg President Recep Tayyip Erdogan on Wednesday threatened to start a long-suspended offensive against US-backed Kurdish forces in Syria to push them further from Turkey’s southern border. The Turkish leader spoke as his country’s warplanes and artillery kept pounding positions of Kurdish YPG militia it holds responsible for a deadly bomb attack in Istanbul last week and cross-border shelling of ...

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Bolsonaro’s party questions Lula’s victory in Brazil runoff election

Bloomberg President Jair Bolsonaro’s party is questioning the result of Brazil’s runoff election, seeking to annul votes that gave leftist leader Luiz Inacio Lula da Silva a tight victory on October 30. Bolsonaro’s Liberal Party claimed that older models of Brazil’s electronic ballots had problems that make it impossible to properly identify the machines, and requested that votes cast through ...

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Credit Suisse saw $88 billion outflows as confidence slumps

  Bloomberg Credit Suisse Group AG clients pulled as much as 84 billion Swiss francs ($88.3 billion) of their money from the bank during the first few weeks of the quarter, underlining ongoing concerns over the bank’s restructuring efforts after years of scandals. The Zurich-based bank warned on Wednesday that it will face a loss of up to $1.6 billion ...

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