Bloomberg The Indonesian government rejected opposition allegations of “massive fraud” in the presidential vote and urged supporters of Prabowo Subianto to allow the election commission to peacefully complete the election process. The opposition has claimed widespread tampering of voters list and accused the country’s independent election commission of colluding with President Joko Widodo’s administration to deny a win for Prabowo, ...

Bloomberg The leader of Scotland’s pro-independence government vowed to push for another vote on leaving the UK within two years to protect the country from the consequences of Brexit. Nicola Sturgeon, first minister of the semi-autonomous administration in Edinburgh, said the political system in London had failed Scotland, ignoring its vote to stay in the European Union and undermining the ...

Even as the US and China seem headed towards a truce on trade, their rivalry is heating up in other areas. The threat of espionage taking place under the cover of routine activities appears to be a particular concern. As many as 30 Chinese academics and policy experts have had their US visas cancelled or reviewed in the past year, ...

President Trump and his officials have taken steps lately to make things harder for Cuba, aiming to persuade its government to stop helping Venezuela’s embattled tyrant, Nicolas Maduro. That’s a worthy goal, and Cuba’s material support for Maduro is certainly objectionable, but this is the wrong way to get results. The administration just announced that US citizens will be able ...

After adding more than 1.3 million inhabitants since the early 1990s, New York City has been shrinking since mid-2016. According to estimates released last week by the US Census Bureau, the New York-Newark-Jersey City metropolitan area lost population in the 12-month periods ending July 2018 and July 2017 as well. This raises an important question: Is New York shrinking because ...

Artificial intelligence (AI) is going to boost human productivity in a thousand ways, transforming everything from transportation to health care to agriculture. Some enthusiastic computer scientists even think we will find a “master algorithm” that will fix our politics and make lives “longer, happier and more productive.” In the grandest of these visions, smart computing machines could automate all of ...

Is it a waste of money to spend the billions of euros that will be needed to rebuild Notre-Dame de Paris? A lot of people seem to consider the whole thing no more than a “vanity project” for the uber-rich. I disagree. One reason is that I’m not so keen on telling other people how to spend their money. Another ...

Kraft Heinz Co.’s problems stem not from a single manager but rather an ethos brought to the company by its private equity owner, 3G Capital, and championed by billionaire Warren Buffett. And so it remains to be seen whether replacing the packaged-food giant’s CEO is enough to right the ship. Kraft Heinz announced on Monday that Bernardo Hees, 49, will ...

Almost 10 years after the Great Recession ended, the growing threat of a new economic slowdown raises a troubling question: When the next recession strikes, what can the world’s central banks do? With interest rates low and their balance sheets still loaded with assets bought to fight the 2008 crisis, do they have the tools to respond? This column is ...

Bloomberg US equities were little changed as investors assessed corporate earnings and economic data. Treasuries joined a global rally in sovereign bonds and the dollar extended its rally to a six-week high. The S&P 500 Index fluctuated between small losses and gains after closing at a record. AT&T Inc and Caterpillar Inc fell after reporting first-quarter results, while Boeing Co ...