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EU warns Serbia against its ‘business as usual’ Russia policy

  Bloomberg Serbia, a candidate nation for European Union membership, should rethink continuing cooperation with the Kremlin as a recent bilateral deal with Russia raises serious questions, an official for the bloc said. Russia’s Foreign Minister Sergei Lavrov and his Serbian counterpart Nikola Selakovic signed a two-year plan on mutual consultations last week. Some opposition groups in Serbia slammed the ...

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Lula is near first-round win days before Brazil vote, poll shows

  Bloomberg Brazil’s Luiz Inacio Lula da Silva inched closer to an outright win in this weekend’s presidential elections, a new poll found. Front-runner Lula ticked upward, now claiming 48% of valid votes in the first round from 47% a week ago, according to a survey by FSB Pesquisa released on Monday. Incumbent President Jair Bolsonaro was unchanged at 37%. ...

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Wall Street banks prep for grim China scenarios over Taiwan

  Bloomberg Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in Greater China after an escalation of tensions over Taiwan. Lenders including Societe Generale SA, JPMorgan Chase & Co, UBS Group have asked their staff to review contingency plans in the past few months to manage exposures, according to ...

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