Bloomberg As South Africa’s ruling party battles to bounce back from a succession of scandals and extend its quarter-century monopoly on power in next year’s elections, it has a key advantage: a wounded opposition. By forcing the unpopular Jacob Zuma to stand down as president in February, the African National Congress deprived the Democratic Alliance (DA) and Economic Freedom Fighters ...

Bloomberg President Donald Trump said Robert Mueller is behaving “viciously,” a day after the special counsel accused Trump’s former campaign chairman of lying in breach of an agreement to cooperate with authorities. In one of his most sustained and rambling attacks yet, Trump said on Twitter that Mueller is “ruining lives” as punishment against witnesses who he said refuse to ...

Bloomberg Ukraine imposed martial law in some regions a day after its navy was fired on by Russia in a major re-escalation of hostilities that drew condemnations of the Kremlin from the US and the European Union. President Petro Poroshenko said martial law was needed to ready Ukraine for potential further Russian aggression amid fears Sunday’s incident near Crimea would ...

Bloomberg As Theresa May flies into Northern Ireland to sell her Brexit plan, the Democratic Unionist Party is uniting behind leader Arlene Foster’s opposition to the deal. May was in Belfast to drum up support for her accord, which the DUP say imperils Northern Ireland’s place in the UK by potentially tying the region to European Union rules indefinitely. “The ...

Bloomberg The party linked to ousted former premier Thaksin Shinawatra remains a “dominant force” in Thailand and leads in polling by an opposition party ahead of a general election expected next year. About 17 percent of 9,000 people surveyed across Thailand last month said they would vote for the Thaksin-linked Pheu Thai party that was overthrown in a military coup ...

Bloomberg Africa is on the cusp of a liquefied natural gas (LNG) boom. That’s in part due to accelerating global demand. It’s also down to a fast-track method of getting the fuel to market. Kosmos Energy Ltd’s project in Mauritania and Senegal, set to get the go-ahead next month, will use a floating vessel to convert gas from the offshore ...

Bloomberg Some liquefied natural gas (LNG) sellers aren’t in a rush to deliver their multimillion-dollar cargoes. With uncertain demand and no signs yet of bitter cold, some traders are preferring to keep their fuel inside vessels in the hope prices will rise. While the sight of stationary cargoes might not be unusual in the more-established oil market, technology has only ...

Bloomberg Developing countries have added more clean power capacity than fossil fuel generation for the first time ever, charging ahead of wealthier nations in the global green energy push, according to Bloomberg NEF. Wind and solar generation accounted for just over half of the 186 gigawatts of new power capacity in developing nations last year, according to BNEF’s annual Climatescope ...

Bloomberg President Donald Trump said he’ll likely push forward with plans to increase tariffs on $200 billion of Chinese goods, indicating he would also slap duties on all remaining imports from the Asian nation if negotiations with China’s leader Xi Jinping fail to produce a trade deal. Trump, in an interview with the Wall Street Journal published on Monday, said ...

Bloomberg General Motors Co.’s attempt to rejuvenate its business once again is made more difficult by a dramatic slowdown in the world’s largest vehicle market: China. During previous shakeups, including its bankruptcy and recovery almost a decade ago, the US carmaker could rely on steadily growing demand in China that helped it weather cooling sales at home. Not this time ...