January, 2020

• 29 January

  Biggest wind farms to get EU support in push for green power

  

  Bloomberg Developers for some of the world’s biggest wind farms are poised to get a boost from the European Union under a new strategy aimed at ensuring the industry makes a larger contribution to low-carbon power supplies. Energy Commissioner Kadri Simson said officials in Brussels are working on a package of measures that will help stimulate the offshore wind industry. ...

  Read More »
• 29 January

  Pompeo heads to Ukraine as Bolton book rocks Senate trial

  

  Bloomberg Secretary of State Michael Pompeo travels to Ukraine this week to persuade the country that US support remains undiminished in the wake of the impeachment saga. President Donald Trump’s continued hostility towards Kyiv — and Pompeo’s own recent comments — make that a harder sell. Pompeo will meet with President Volodymyr Zelenskiy and other senior officials during a one-day ...

  Read More »
• 29 January

  39 killed in attack on Burkina Faso village

  

  Bloomberg Burkina Faso said 39 people were killed in an attack by extremists on the northern village of Silgadji that appears to mark a shift from raids on mainly military targets to the execution of civilians. Security forces are helping residents to bury the victims after the “cowardly and barbaric” attack, in Soum province, the government said in a statement. ...

  Read More »
• 29 January

  Trump’s Mideast plan offers rallying cry for Netanyahu

  

  Bloomberg President Donald Trump made sure Israeli PM Benjamin Netanyahu was standing alongside him at the White House as he presented his long-delayed “deal of the century” for Middle East peace, a welcome distraction for two leaders fighting for their political futures. Yet the proposal — which makes far more demands of Palestinian than Israeli leaders — generated little enthusiasm, ...

  Read More »
• 29 January

  Beijing accuses US of ‘ill intentions’ in S China Sea

  Bloomberg China’s armed forces accused the US of “ill intentions” in the South China Sea after an American warship entered waters near the contested Spratly Islands last week. “The US ship’s deliberate provocation during the traditional lunar Chinese New Year festival, which harboured ill intentions, is a naked act of navigational hegemony,” Senior Colonel Li Huamin, spokesman for the People’s ...

  Read More »
• 29 January

  US forces warn Korean staff of furlough

  

  Bloomberg The US military has begun issuing furlough warnings to almost 9,000 civilian South Korean employees, as Washington and Seoul remain at loggerheads over President Donald Trump’s demand its ally pay more money for its hosting of American troops. The notices inform workers at American military facilities in South Korea that they potentially face administrative furloughs as of April 1, ...

  Read More »
• 29 January

  Russian-origin Bitcoin suspect charged in Paris

  

  Bloomberg Alexander Vinnik, a Russian citizen accused by the US of having supervised a digital-currency exchange that helped criminals launder billions of dollars, will probably remain in France to face cryptocurrency-related charges there, his lawyers said in Paris. Vinnik was interrogated by French investigators, the same day he was extradited from Greece, his defense team said at a news conference. ...

  Read More »
• 29 January

  America’s debt spree isn’t stopping. It may be too late

  

  What is missing in this campaign, as I have written before and no doubt will write again, is an informative and honest discussion of the role of government in American life. We don’t want to admit that government worth having is worth paying for, through taxes — with the well-known exceptions of recessions and wars, when deficits are often inevitable ...

  Read More »
• 29 January

  What Salvini’s setback means for Italy

  

  In the end, Italy’s red wall held up against Matteo Salvini’s assault. The leader of right-wing League had hoped to score a famous win in a regional election in Emilia-Romagna, an area with strong leftist traditions. Voters thought otherwise: Stefano Bonaccini, incumbent Democratic Party governor, won convincingly against his opponent, Lucia Borgonzoni. The populist Five Star Movement collapsed to less ...

  Read More »
• 29 January

  London’s worst IPO award has a new contender

  

  The bitter 2018 vintage of British initial public offerings is souring with age. After the dramatic fall of Aston Martin Lagonda Global Holdings Plc and Funding Circle Holdings Plc, yet another shock came on January 27 from subprime lender Amigo Holdings Plc, which listed around the same time. The company said the environment was worsening and that its founder and ...

  Read More »