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Bloomberg India’s Parliament approved a controversial bill that prevents illegal Muslim migrants from neighboring countries from receiving citizenship after hours of heated debate among lawmakers and protests in some parts of the country. The bill, which offers amnesty to non-Muslim illegal migrants from three neighboring countries, was approved in the upper house of Parliament on Wednesday after it secured more ...
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December, 2019
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11 December
Kim tests Trump’s limits with rockets and taunts
Bloomberg All year, President Donald Trump refused to respond as North Korea carried out short-range missile tests and chipped away at crippling international sanctions. He even ignored a new volley of insults branding him a “heedless and erratic old man.†That restraint may not last much longer as North Korea hints darkly that it will make a major move by ...
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11 December
Suu Kyi defends military against genocide charges
Bloomberg Myanmar’s de facto leader and noble laureate Aung San Suu Kyi addressed the International Court of Justice on Wednesday to deny allegations the country’s military had committed genocide against minority Rohingya Muslims. The small Muslim-majority nation of Gambia that brought the case against Myanmar had laid out a detailed and graphic case a day earlier, saying thousands of Rohingya ...
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11 December
Women turn to guerrilla tactics to bring equality into British vote
Bloomberg A century after the UK saw its first female member of Parliament, one political party is adopting non-traditional “guerrilla tactics†in its attempts to advance the debate over gender in British politics. The Women’s Equality Party is embracing its position as a non-partisan “political startup†of 35,000 members ahead of Thursday’s general election and using its small but media-savvy ...
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11 December
Poland ignores court, EU with new curbs on judges
Bloomberg Poland’s government plans to place new restrictions on judges, ignoring concerns by the European Union and its own Supreme Court that it’s eroding the rule of law. Prime Minister Mateusz Morawiecki told Gazeta Polska newspaper on Wednesday that his cabinet is analyzing regulations to ban judges from engaging in political activities or opposing the government. The move would escalate ...
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11 December
Algerians fume as regime loyalists are only choice in vote
Bloomberg Algerians have been in the streets for nine months demanding the right to choose a president with popular support. Yet at elections on Thursday, the choice will be between five regime loyalists. Such prescribed options were a fixture of Abdelaziz Bouteflika’s 20-year reign. But since mass protests forced him out in April, it’s no longer enough to keep people ...
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11 December
Boris Johnson is hiding the real price of Brexit
It’s unlikely Britons are voting swayed by the leaked Treasury department documents Labour leader Jeremy Corbyn dramatically revealed at a press conference. And yet the papers provide a glimpse of the hangover that could follow any “Brexit bounce†should the Conservatives win the parliamentary majority predicted by the polls. The 15-page internal briefing document, marked “official sensitive,†examines the financial ...
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11 December
Tesco should take money and run
Selling Tesco Plc’s operations in Thailand and Malaysia for about 7 billion pounds ($9.2 billion) would be a nice parting present from outgoing Chief Executive Officer Dave Lewis to his successor Ken Murphy. But there could be a sting in the tail from such a lavish gift. Tesco would be even more focused on its home turf in the UK, ...
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11 December
UK’s Tullow Oil is failing corporate governance
The $1.7 billion hit to Tullow Oil Plc’s market value on December 9— a 65% drop — provides a stark reminder of why bosses shouldn’t stay too long at the top. The hydrocarbon producer has been stubbornly overoptimistic about its prospects. Reality has now dawned, and it turns out the London-based group is in an extremely tight position. Oil and ...
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11 December
Greece enjoys a new feeling of euphoria
After a decade of gloom, there’s a new sense of euphoria in Athens. The Greek stock exchange is on course to be the world’s best performer this year because investors believe the new prime minister, Kyriakos Mitsotakis, will deliver on his promise to attract foreign investment and boost growth. The star performers are bank shares, which have nearly doubled in ...
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