Bloomberg President Donald Trump began his meeting with Vladimir Putin in Helsinki on Monday, testing his campaign pledge to revive ties with Russia amid pressure to confront the Kremlin leader over election meddling and growing concern that the US is abandoning the current international order. The highly anticipated event started with a one-on-one session between the former property developer and ...
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July, 2018
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16 July
Italy’s Salvini hints at EU vetoes if sanctions on Russia not eased
Bloomberg Italy’s deputy prime minister, Matteo Salvini, said he will push the European Union to ease sanctions on Russia and threatened to block the EU’s agenda if he doesn’t get his way. At a press conference in Moscow, Salvini, who is also interior minister, said Russia should be brought back into the “European family†and that Monday’s meeting between US ...
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16 July
Tunisia president asks PM to improve economy or quit
Bloomberg Tunisia’s PM should either urgently address the country’s political and economic crisis or step aside, the president said. The intervention by Beji Caid Essebsi during a television interview comes as international investors signal deepening concerns about the economy, and ordinary Tunisians turn on politicians they see as more interested in jockeying ahead of presidential elections next year. Prime Minister ...
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16 July
May faces further Tory showdown over Brexit
Bloomberg Theresa May’s long-running battle with her divided Conservative Party took a potentially more dangerous turn, as one of her former ministers began assembling lawmakers to vote against her Brexit plans. Euroskeptic Tories are angry that the prime minister wants to keep the UK closely tied to the European Union’s single market after leaving the bloc. Foreign Secretary Boris Johnson ...
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16 July
US judge demands update on reuniting migrant kids
Bloomberg A federal judge wants an update on Monday on government efforts to reunify children separated from their families at the US-Mexico border, after he demanded more cooperation from the Trump administration. Judge Dana Sabraw wrote that the US Department of Health and Human Services “either doesn’t understand the court’s order, or is acting in defiance of the order.†He ...
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16 July
Philippine’s Duterte push to alter constitution bombs with voters
Bloomberg Two-thirds of Filipino voters remain opposed to President Rodrigo Duterte’s push to change the constitution and give more power to regional governments, according to a new poll. The Pulse Asia Research Inc. survey conducted last month found that 62 percent of voters rejected federalism and 67 percent opposed changing the constitution, although 28 percent said they might be open ...
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16 July
Germany can’t fully rely on US, says top diplomat
Bloomberg Germany’s foreign minister urged the EU to “readjust†its relationship with the US and said the bloc can no longer fully rely on the White House after President Donald Trump identified America’s long-term ally as a “ foeâ€. Trump, who met with Russian President Vladimir Putin in Helsinki on Monday, characterised the EU as an adversary, citing a trading ...
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16 July
Trump is not getting the Brexit he wanted
The UK’s 2016 vote to leave the European Union represented a moment of vindication and hope for Donald Trump. No wonder he sounded worried, as he arrived in the UK for his visit. It was not the protestors waiting at every stop, or even the giant orange Trump Baby balloon floating over London that was likely to irk the thin-skinned ...
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16 July
IPO bargain basement ‘just the place to be’
Swathes of shuttered stores. Customers slamming their wallets shut. Amazon.com Inc lurking in the background. It doesn’t look like the ideal time for a retailer to go public. But that’s what TheWorks.co.uk Plc is planning to do. It’s a brave decision given the crisis engulfing bricks-and-mortar retailers, but TheWorks is right to press ahead. That’s because the company, which was ...
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16 July
Beijing loves Xiaomi, just in its own special way
Xiaomi Corp has caught a lot of breaks from Hong Kong and its stock exchange. China isn’t playing ball. Yet. The Hong Kong-Xiaomi relationship is crucial, and symbiotic. For one, Hong Kong Exchanges & Clearing Ltd ended a ban on dual-class listings that allowed founder Lei Jun to keep control of the smartphone maker and have his IPO too. It ...
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