June, 2020

• 14 June

  The Arctic fuel spill is a wake-up call for Russia

  If Russia needed to be reminded of the costs of ignoring climate change and the transition to cleaner energy, 2020 has delivered. A devastating Arctic fuel spill appears to have been caused by melting permafrost. A heatwave has rekindled Siberian wildfires, which last year burned through 16 million hectares and choked cities. Oil, meanwhile, is still convalescing after sinking to ...

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• 14 June

  The mistakes Trump’s Nov campaign can fix

  President Donald Trump doesn’t want you to pay attention to the polls, which on average show him losing badly to former Vice President Joe Biden in November — losing much worse than he was to Hillary Clinton at this point in 2016. But you don’t have to believe the public polls to see how poorly Trump’s re-election campaign is going. ...

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• 14 June

  State Bank of India seeks $158m from Anil Ambani

  

  Bloomberg State Bank of India is seeking to recover two guarantees furnished by the former billionaire Anil Ambani, which according to a news report are worth more than $158 million. The state-run lender filed an application with the National Company Law Tribunal to appoint a resolution professional, according to an update on the court’s website. The tycoon, who had offered ...

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• 14 June

  Hong Kong’s rich preparing for likely worst-case scenario

  

  Bloomberg One Hong Kong businessman moved $10 million to Singapore and plans to transfer more. Another is eyeing London property, worried that prices in Hong Kong are too high. Well-to-do families across the city are opening offshore bank accounts and applying for alternative passports. While it doesn’t add up to an exodus just yet, Hong Kong’s rich are increasingly hedging ...

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• 14 June

  Monsoon to reach India’s financial capital, says IMD

  Bloomberg The southwest monsoon, which waters more than half of India’s farmland, was expected to cover the entire western Maharashtra state including Mumbai in the next 24 hours, potentially hurting efforts to fight the virus outbreak in the city that’s emerged as the epicenter of infections in the South Asian nation. Conditions are becoming favourable for the weather system to ...

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• 14 June

  India’s Dharavi offers model for nations to contain virus

  

  Bloomberg India’s Dharavi, the continent’s most crowded slum, has gone from coronavirus hotspot to potential success story, offering a model for developing nations struggling to contain the pandemic. Authorities have knocked on 47,500 doors since April to measure temperatures and oxygen levels, screened almost 700,000 people in the slum cluster and set up fever clinics. Those showing symptoms were shifted ...

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• 14 June

  Kim’s sister says army ready for action on South Korea

  

  Bloomberg The sister of North Korean leader Kim Jong-un said it is “high time” to break relations with South Korean authorities, adding the next action against the “enemy” will come from the army. It’s better to take a series of retaliatory measures rather than release statements condemning South Korea’s behaviour, and which could be misinterpreted or dismissed, Kim Yo Jong ...

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• 14 June

  At least 50 killed in Boko Haram attack in Nigeria’s Borno

  

  Bloomberg At least 50 people were killed and nine injured in attacks by extremists on three local governments in Nigeria’s Borno state. The insurgents attacked military and civilian bases in the Monguno area, killing nine soldiers and three task force members and injuring nine civilians, said Hassan Ibrahim, a member of a local civilian force. The extremists freed 18 detained ...

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• 14 June

  HK democrats fear disqualifications ahead of key election

  

  Bloomberg As the leader of one of the largest pro-democracy parties in Hong Kong’s legislature, Alvin Yeung could make history if the city’s opposition wins an unprecedented majority in September elections. Or he could find himself disqualified before the campaign even starts. The 39-year-old lawyer is among several prospective candidates accused by Chinese authorities of behaviour that opposition politicians fear ...

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• 14 June

  Bolsonaro mocks ‘absurd’ idea of military coup after court rules

  

  Bloomberg President Jair Bolsonaro said he trusts Brazil’s armed forces to stay out of politics after a Supreme Court justice ruled on the military’s constitutional role at the request of an opposition party. Anti-racism protests in Brazil and what Bolsonaro’s adversaries say are his authoritarian tendencies were the backdrop to the petition by the Democratic Labor Party (PDT). Justice Luiz ...

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