April, 2019

• 28 April

  Trump revs up campaign on economy in key states

  

  Bloomberg President Donald Trump revved up his campaign pitch to voters in key Rust Belt states by touting the US economy, saying he’s working to stop jobs from moving to neighbouring countries, and mocking his Democratic opponents. “We’re now the No. 1 economy anywhere in the world and it’s not even close,” Trump said at a rally in Green Bay, ...

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• 28 April

  UK Conservatives seeking Brexit deal before EU election

  

  Bloomberg Theresa May is still pursuing a Brexit deal that would get the UK out of the European Union before elections next month. With negotiations with the opposition Labour Party set to continue next week, there’s still time for parliament to settle on a deal before the May 23 vote, Conservative Party Chairman Brandon Lewis said in an interview with ...

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• 28 April

  Voting begins in Spain with PM in contest

  

  Bloomberg Spanish voters deliver their verdict on Sunday on whether Socialist PM Pedro Sanchez should form a new government after the collapse of his administration less than a year after he took power. Turnout by Sunday afternoon was higher than in the 2016 general election, with 41 percent of the 37 million eligible voters casting ballots for the 350 seats ...

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• 28 April

  Australia caps refugee intake ahead of polls

  

  Bloomberg PM Scott Morrison’s government pledged to freeze Australia’s refugee intake for the next three years as it thrust immigration to the heart of its campaign for re-election. The number of asylum-seeker visas granted each year will be kept at 18,750 for the next term of government if the Liberal-National coalition retains office on May 18, Minister for Cities Alan ...

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• 28 April

  Indonesian president’s rival extends olive branch after disputed election

  

  Bloomberg One of Joko Widodo’s top political opponents said he’s open to working with the Indonesia president following a disputed election this month, raising hopes for a peaceful outcome. Prabowo has refused to accept unofficial quick counts that show Widodo, known as Jokowi, has won a second term in office. Election authorities have until May 22 to release official results. ...

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• 28 April

  China fugitive flees again as Hong Kong eyes extradition law

  

  Bloomberg Fugitive Lam Wing-kee has been protected by rules dating back to the time of the former British colony’s handover to China that prevent extradition of Hong Kong citizens to the mainland. Now, that protection could be lifted by a proposed amendment to the law, and Lam is not the only one who is worried. “The impact would be huge” ...

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• 28 April

  Biden is best candidate to beat Donald Trump

  

  Joe Biden’s limitations as a presidential candidate are so obvious that they’re almost a litany: He’s too old, too white, too male, too touchy-feely, too loquacious. But he has one huge plus: He may be the person who could move Donald Trump out of the White House. Biden rightly put the obligation of replacing Trump at the center of his ...

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• 28 April

  Why Abe should postpone tax hike

  

  With Japan’s economy softening, its central bank needs to at least consider further steps to support growth. There’s one major hurdle, however, and only Prime Minister Shinzo Abe can remove it. A 2 percent hike in consumption tax, scheduled for October, would shore up Japan’s fiscal position and thus its ability to pay for an aging population. Yet this plan ...

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• 28 April

  5G struggles of Huawei make Nokia’s life harder

  You’d think all the pressure on Huawei Technologies Co. would make life easier for archrivals Nokia Oyj and Ericsson AB. In some senses, things have got harder. The US has intensified criticism of Huawei over the past year, saying its network equipment is vulnerable to exploitation by Chinese state-sponsored actors. That’s led to various bans in Australia, New Zealand and ...

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• 28 April

  Brexit’s financial turf war is entering a new phase

  Rarely have policymakers seemed so keen to snap the links that connect global markets, even at the risk of economic self-harm. Theresa May’s dogged pursuit of a Brexit that takes Britain out of the European Union’s (EU) single market and customs union is an obvious own goal, considering the City of London’s global position. The UK’s intransigence has already sent an ...

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