Bloomberg A major opposition coalition in the Democratic Republic of Congo condemned a week-long postponement of presidential and parliamentary elections, saying it won’t tolerate any further delays. The Cap pour le Changement alliance supporting the presidential bid of Felix Tshisekedi “will not accept another delay of even one day,” Jean-Marc Kabund, a senior official in the coalition, told reporters and ...

Bloomberg It seemed like a dream come true for Vladimir Putin when Donald Trump ordered US withdrawals from key global hotspots, prompting one of the administration’s toughest Russia hawks to tender his resignation. Now the Kremlin isn’t so sure. Having gained more policy victories from Trump in 24 hours than in the whole of his presidency to date, Putin’s voiced ...

Imagine American politics for a moment as a laboratory experiment. A foreign adversary (let’s call it “Russia”) begins to play with the subjects, using carrots and sticks to condition their behaviour. The adversary develops tools to dial up anger and resentment inside the lab bubble, and even recruits unwitting accomplices to perform specific tasks. This 21st-century political dystopia isn’t drawn ...

Almost immediately after she safeguarded her position as leader of the Conservative Party on December 12, Prime Minister Theresa May headed to Brussels to try to gain concessions from the European Union (EU) before a second vote in Parliament on a Brexit deal. Her tireless efforts are commendable. But if success eludes her in the next few weeks, her negotiating ...

Britain’s latest retail sales report won’t save Christmas. The volume of goods sold in stores and online jumped 1.4 percent in November compared with October, according to the Office for National Statistics, smashing through the 0.3 percent forecast in a Bloomberg survey of economists. Excluding fuel, the increase was 1.2 percent. Black Friday discounting seems to have played a big ...

Fourty years ago, Chinese leader Deng Xiaoping launched the most dramatic economic transformation in history by encouraging his countrymen to “emancipate” their minds and “seek truth from facts.” The reforms that followed — he called it socialism with Chinese characteristics — were stunning in their impact. China’s GDP today is more than 80 times bigger than it was at the ...

Why do you call them shadow banks? That’s a criticism I’ve heard often since I started chronicling the troubled world of India’s nonbank finance companies following the high-profile bust of infrastructure lender IL&FS Group in early September. Some readers saw the characterisation as an attempt to equate India’s pedigreed financiers of mortgages and consumer loans with China’s peer-to-peer lenders and ...

Juergen Fitschen probably thought life would become a bit calmer when he stepped down as co-chief executive of Deutsche Bank AG in 2016. Later that year he was nominated supervisory board chairman of German electronics retailer Ceconomy AG, where the 70-year-old now collects a salary of 240,000 euros, a fraction of his Deutsche days. And then, all hell broke loose. ...

Nine months after a scandal erupted over Facebook Inc.’s open borders of user information, those borders are in the news again. The New York Times reported that after Facebook tightened rules in 2015 to limit the account information that could be hooked into outside companies’ apps and websites, the social network made many exceptions and some previously made special deals ...

Bloomberg LG Electronics Inc. plans to begin selling big-screen TVs next year that can be rolled up and put away like a poster, the centerpiece of an effort to revive an ailing business, according to a person familiar with the matter. The envisioned 65-inch TVs will retract automatically at the touch of a button like a garage door, the person ...