Bloomberg South Korea’s main opposition picked a high-profile rival of the president as its new leader, adding to the government’s challenges as it struggles to build support after three months in office. The progressive Democratic Party elected Lee Jae-myung on Sunday to lead the charge against conservative President Yoon Suk Yeol. Lee, a populist who pushed to introduce universal ...

Bloomberg South Africa’s governing African National Congress has a chance of retaining its majority in national elections in 2024, according to a survey conducted by the Social Research Foundation. The results of the survey of 3,204 registered voters in July contrasts with a slew of polls forecasting the party that led South Africa out of apartheid in 1994 will dip ...

  Bloomberg Liz Truss is considering cutting Britain’s VAT sales tax by as much as 5 percentage points across the board, the Telegraph reported, a move that may head off criticism she lacks a plan to tackle the country’s cost of living crisis. The potential reduction to 15%, flagged in a newspaper that has strongly backed her leadership campaign against ...