April, 2019

• 6 April

  Libyan Air Force hits Haftar positions south of Tripoli

  

  Bloomberg Forces loyal to the internationally recognised government in Tripoli conducted air strikes to try to halt a march on the capital by strongman Khalifa Haftar’s troops, officials said. Fighter jets struck positions near Tripoli held by Haftar’s self-styled Libyan National Army on Friday and on Saturday, LNA media official Aguila Saber and local city official Hamed al Nuwaiser said. ...

  Read More »
• 6 April

  Trump: US ‘full’, can’t take in more migrants

  

  Bloomberg President Donald Trump said the US is “full,” and can’t accommodate any more migrants from Latin America, capping a week of heated threats against Mexico over undocumented migration and the flow of illegal drugs. “Our country is full. Our area is full. The sector is full,” Trump said at a briefing on border security in Calexico, California. “Can’t take ...

  Read More »
• 6 April

  Thai military aims crosshairs on young party taking on junta

  

  Bloomberg Thailand’s military establishment is intensifying attacks on a young political party that surged in March’s general election and whose 40-year-old leader is the newest symbol of opposition to the junta. The party, Future Forward, won about 18 percent of votes and is a key part of a coalition trying to prevent the junta’s proxies from forming the next government. ...

  Read More »
• 6 April

  Hammond insists second Brexit vote

  

  Bloomberg Chancellor of the Exchequer Philip Hammond reiterated his call to consider proposals for a second referendum on Brexit, while acknowledging that both the UK and the European Union are exasperated by the deadlock, as there’s little visibility on the next steps ahead of a key summit. “I understand that EU colleagues are somewhat fed up that the process has ...

  Read More »
• 6 April

  Estonia all set for new coalition with populists

  Bloomberg Estonia moved towards a new governing coalition that includes a controversial anti-immigrant party, signalling the further spread of populism in the European Union. Prime Minister Juri Ratas’s ruling Center Party, which snubbed the election-winning Reform party and instead invited the euroskeptic EKRE to talks, overcame opposition from his party’s Russian-speaking members to agree on an alliance that also includes ...

  Read More »
• 6 April

  Has market gone mad?

  

  If you think you understand what’s going on with the global economy, you’re probably not paying attention. On the one hand, the stock market is powering ahead. Since its recent low on December 24, it was up 22.4 percent, according to the Wilshire 5000 total market index, which measures the value of all publicly traded US stocks. That’s a paper ...

  Read More »
• 6 April

  Boeing crisis goes from bad to worse

  

  Boeing Co.’s 737 Max crisis has been largely self-inflicted, but now it’s passing some of consequences onto its suppliers. A crash of an Ethiopian Airlines-manned Max in March — just five months after a Lion Air jet of the same type went down — has put the planemaker at the center of a political, legal and increasingly financial firestorm where ...

  Read More »
• 6 April

  Zuckerberg’s rules would hurt everyone but Facebook

  Facebook Inc. has mastered an array of corporate aptitudes — including its use of euphemism and obfuscation. So when its boss, Mark Zuckerberg, writes an op-ed asking governments to impose some new regulation on his company, a little skepticism is in order. Make that a lot of skepticism. Zuckerberg’s proposals, published in Washington Post, cover four topics: “harmful content,” elections, ...

  Read More »
• 6 April

  Despite May’s swerve, the best Brexit is no Brexit

  UK Prime Minister Theresa May stopped trying to get her fellow Tories to back her plan for quitting the European Union (EU), and asked the opposition Labour Party to come to her aid. Could this be that most elusive of Brexit developments: progress? Not exactly. For many reasons — politics, self-interest, the fundamentally incoherent task at hand — May and ...

  Read More »
• 6 April

  Keep an eye on Donald Trump’s other trade war

  

  If you are looking for the thriller movie that has captured the attention of global markets, this is certainly the trade negotiation between the US and China. It stars an unpredictable leader (President Donald Trump), an impenetrable rival (Chinese President Xi Jinping) and an issue which is typically secretive and hard to understand (trade talks). Equity and currency markets have ...

  Read More »