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US troops exit Afghanistan after nearly two decades

Bloomberg The US officially ended its military presence in Afghanistan on Tuesday with the final flight out of Kabul, concluding two decades of American involvement touched off by the September 11 terrorist attacks. “I’m here to announce the completion of our withdrawal from Afghanistan and the end of the military mission to evacuate American citizens, third-country nationals and vulnerable Afghans,” ...

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Japan seeks record $50b defense budget with eye on China

Bloomberg Japan’s Defense Ministry is seeking a record $50 billion annual budget that would entail the largest percentage jump in spending in eight years as it seeks to bolster its capabilities amid simmering tensions with China. If granted in full, the 5.5 trillion yen budget request for the year starting in April would amount to a 2.6% increase on the ...

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Merkel pours cold water on Scholz’s claim to be her heir

Bloomberg Angela Merkel took direct aim at efforts by Finance Minister Olaf Scholz to assume her mantle to help topple her conservative bloc in the September 26 election. Scholz, who has engineered an unlikely poll surge for his Social Democratic party to become the favorite for chancellor, has conducted an unsubtle campaign to project himself as the rightful successor of ...

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