Bloomberg Vladimir Putin said he’ll consider running for a fifth presidential term in 2024, arguing that the hunt for any successor risks paralysing Russia’s government as the next election nears. “I don’t rule out such a possibility,” if the necessary amendment to the constitution is approved, Putin said in a Rossiya 1 television documentary broadcast. “I haven’t made up my ...

Bloomberg South Korea’s presidential office said John Bolton painted a distorted picture of diplomacy with North Korean leader Kim Jong-un, joining the Trump administration in criticising a memoir from the US former national security adviser. “It does not depict accurate facts,” Chung Eui-yong, the director of national security, said in a statement on Monday from the office of President Moon ...

Bloomberg President Donald Trump had looked to his first rally in three months as a reset for his campaign. Instead, the sparsely attended event in Tulsa, Oklahoma is stirring fresh questions about both his strategy and the direction of his re-election bid. The most evident shortfall from the rally was attendance, far smaller than the overflow crowd that the president ...

Bloomberg Kenya’s ruling party replaced a key parliamentary official on Monday, the latest in a series of leadership changes that have strengthened President Uhuru Kenyatta‘s hold on power and weakened his deputy, William Ruto. Amos Kimunya, a former finance minister, will replace Aden Duale as the Jubilee Party’s majority leader in the National Assembly, Secretary-General Raphael Tuju said in a ...

Bloomberg Nigerian doctors suspended a nationwide strike to continue talks with the government over a lack of protective equipment needed to treat Covid-19 patients and other benefits. The medical officers decided to return to work after an intervention from government officials, the Nigerian Association of Resident Doctors said in emailed statement on Monday. The group will “continue negotiations with stakeholders ...

Bloomberg Italian Prime Minister Giuseppe Conte said his government would likely seek a wider budget gap as he draws up an ambitious reform plan to lobby for European Union (EU) assistance to restart the economy. The government will focus on infrastructure projects including high-speed railways and may approve a value-added tax cut to stem the coronavirus’s impact on the euro-zone’s ...

Bloomberg Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as assets probably don’t exist, deepening an accounting scandal that has rattled Germany’s financial industry. The payments processor said it’s in discussions with creditors and considering a full-scale restructuring after pulling its financial results for fiscal 2019 and the first ...

Bloomberg Germany is set to underline the need to combine the European Union’s (EU) economic recovery with measures to tackle climate change, ahead of it assuming the bloc’s presidency. EU environment ministers will discuss on Tuesday how the bloc’s Green Deal plan to reach climate neutrality in 2050 can help the economy rebound from the coronavirus crisis. Germany will present its ...

Bloomberg Danish lawmakers have struck a climate agreement to ensure their country can live up to a goal of cutting carbon emissions by 70% from 1990 levels over the coming decade. The deal, after winning broad backing across party lines, means Denmark will commit to cutting carbon emissions by 3.4 million tonnes. Lawmakers also agreed to build the world’s first ...

Bloomberg Facebook Inc. is considering taking over Neiman Marcus’ retail space at Hudson Yards in Manhattan, Women’s Wear Daily reported, citing a person familiar with the matter it didn’t identify. The operator of high-end department stores filed Chapter 11 bankruptcy on May 7, which would allow it to back out of its 188,000-square-foot store lease free of penalties. If Facebook ...