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August 7, 2017 Politics
Bloomberg Democratic Senator Elizabeth Warren put a “hold†on the confirmation of Makan Delrahim, President Donald Trump’s nominee to run the Justice Department’s antitrust division, delaying a vote until at least September, according to two people familiar with the matter. The delay means Delrahim remains on the outside as Justice Department lawyers wrap up their investigation of AT&T Inc. and ...
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August 7, 2017 Politics
Bloomberg Theresa May’s office dismissed as speculation a report that the UK is prepared to pay a 40 billion-euro ($47 billion) bill to leave the European Union, while leading Brexit supporters pushed back against paying anything at all. The figure surfaced in the Sunday Telegraph newspaper, which cited three government officials it didn’t identify as saying Britain would offer the ...
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August 7, 2017 Politics
Bloomberg Two US envoys are expected in Kuwait before embarking on a tour of the four states that have isolated Qatar, according to a Gulf official with direct knowledge of the visit, in the latest push by Washington to help defuse the two-month standoff. General Anthony Zinni, a retired former head of US Central Command, will be accompanied by Timothy ...
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August 7, 2017 Politics
Bloomberg A year is a long time in politics. But for the task confronting Mexico’s ruling party — to recover from rock bottom approval ratings and retain the presidency — it may not be long enough. That’s why there’s a sense of urgency about the party’s national assembly taking place in five states this week. After ruling Mexico for most ...
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August 7, 2017 Politics
Bloomberg Donald Trump may have annoyed the wrong man in Congress. Senator Chuck Grassley, the chairman of the Judiciary Committee, has been ramping up an investigation into possible collusion between Russia and Trump’s presidential campaign, in addition to the president’s dismissal of former FBI Director James Comey. The plain-spoken Iowa Republican had sharply criticized the administration’s initial failure to respond ...
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August 7, 2017 Opinion
The argument between the Trump administration and its critics over a sustainable rate of economic growth raises profound questions about America’s future. Have we entered a prolonged period of slow growth? If so, how does that alter society and politics? Or will the “right” policies raise growth to past levels? If you haven’t paid attention, here’s a brief overview of ...
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August 7, 2017 Opinion
The fall from grace of China’s Anbang Insurance Group Co. Ltd. continues to get steeper. Not long ago, the mysterious firm was chasing one foreign deal after another, becoming a symbol of China’s global economic ambitions. Now it appears the government may be pressuring Anbang to divest those prized foreign assets. If that proves to be the case, China will ...
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August 7, 2017 Opinion
More than six years after three nuclear reactors melted down in Japan, the country is homing in on the lost fuel inside one of them. Japan’s biggest utility and owner of the wrecked Fukushima Dai-Ichi plant, Tokyo Electric Power Co. Holdings Inc., last week released images that for the first time showed what’s likely melted fuel inside the No. 3 ...
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August 7, 2017 Opinion
Asia’s newest tiger economy is about to find out the cost of being a member of the club. Vietnam has more than doubled its gross domestic product over the past eight years, becoming a high performer in the world’s fastest-growing region. One consequence is it’s now well-enough off to be disqualified from getting development funding from international institutions on a ...
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August 7, 2017 Opinion
Recent leaks from the US State Department suggest that Secretary Rex Tillerson is not interested in one of its traditional missions: promoting democracy across the world. But could it actually be a wise move to pause those efforts—especially at this undeniably awkward moment for the US? Josh Rogin at The Washington Post reports that State is looking to amend its ...
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