Bloomberg Hillary Clinton hit out at both US President Donald Trump and Chinese leader Xi Jinping in remarks via video to a conference in Beijing. Clinton, a former secretary of state, said the Trump administration had retreated from diplomacy. She called on both the US and China to avoid “bluster†or “personal taunts†in dealing with North Korea, and said ...
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November, 2017
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28 November
Mexico’s Meade quits, paving way for candidacy
Bloomberg Mexico Finance Minister Jose Antonio Meade resigned, stoking speculation that he will become the ruling Institutional Revolutionary Party’s candidate for president in 2018 elections. Meade’s resignation was announced during a speech by President Enrique Pena Nieto at the Los Pinos residence in Mexico City. The president also said Pemex CEO, Jose Antonio Gonzalez Anaya, will leave his post to ...
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28 November
Syrian delegation to arrive in Geneva for peace talks today
BEIRUT / GENEVA / Reuters A Syrian government delegation will arrive in Geneva on Wednesday, a day later than expected, to attend peace talks being held there this week, Syrian state news agency SANA said. The delegation had delayed its plan- ned departure for the talks, which began on Tuesday, because of the opposition’s insistence that Syrian President Bashar al-Assad ...
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28 November
Suicide attack kills 17 in Baghdad
BAGHDAD / Reuters Two attackers shot several civilians in the Nahrawan area southeast of Baghdad before one blew himself up and the other was killed by security forces, the Iraqi Interior Ministry said, without providing official casualty figures. Local media reported at least 17 people were killed and 28 wounded. IS claimed responsibility for the att- ack, described by an ...
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28 November
‘N Korea may be gearing up for a missile launch’
Bloomberg Japan received radio signals suggesting that North Korea may be preparing for a missile launch test, Kyodo News reported, citing multiple government officials. Japan didn’t specify the type of possible missile, according to the news service. Any radio signals could be from winter training by North Korea’s military, Kyodo said. Separately, Yonhap reported that the US continues to watch ...
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28 November
Irish crisis deepens amid fresh email row
Bloomberg The controversy engulfing the Irish government and threatening Brexit talks escalated, as the release of a cache of emails threatened to further undermine the nation’s deputy leader and bring an election closer. Deputy Prime Minister Frances Fitzgerald faces a no-confidence vote in Dublin over her handling of a whistle blower controversy that could pull down the minority government. In ...
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28 November
‘UK has done enough for Brexit negotiations to move forward’
Bloomberg UK Trade Secretary Liam Fox called on the European Union to allow Brexit negotiations to move on to future trade links, saying his government has done enough to satisfy the bloc’s demands for money. Fox said that while the UK wants a deal with the EU, it’s “not afraid†of talks breaking down and could trade with the 27 ...
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28 November
Actually, maybe China shouldn’t open up just yet
China needs reform. This has long been the consensus advice from economists and multilateral institutions such as the World Bank, whose recent “China 2030†report argues that Chinese leaders should strengthen the role of markets and liberalize legal, financial and other institutions governing the economy. Their to-do list is virtually gospel by now: free up trade and investment, unshackle the ...
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28 November
Norway’s $1 trillion gorilla shouldn’t set your salary
“Where does an 800-pound gorilla sit?†goes the riddle. “Wherever it likes,†is the answer. Norway’s $1 trillion wealth fund risks throwing its weight around in ways that exceed its authority, interfering in the sovereignty of other nations. This year, the fund has voted against remuneration proposals at more of the companies it holds stakes in, its global head of ...
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28 November
Private equity finally finds a warm welcome in Japan
It’s taken decades but finally, Japan’s doors are swinging open for private equity. The country’s corporate giants have long been a coveted target for buyout firms seeking to put large pools of capital to work. Money, though, hasn’t been enough to overcome the traditional Japanese hostility to takeovers. Until recently, that is. Prime Minister Shinzo Abe’s exhortations for improved corporate ...
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