August, 2017

• 29 August

  Chinese developer Greenland discloses overdue debt

  Bloomberg Greenland Holdings Corp., China’s fourth-biggest developer by property sales, said it had overdue loans of $69.2 million in some units in the northeast province of Liaoning at the end of June, underscoring concerns about the company’s debt problems. Companies under Greenland’s unit in Liaoning had overdue short-term debt of 247.5 million yuan, as well as 210 million yuan in ...

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• 29 August

  Trump vows ‘all options open’ against North Korea

  

  Bloomberg ­­­­­­­­­­­­­­­ US President Donald Trump said that “all options” are under consideration in response to North Korea firing an unidentified ballistic missile over Japan on Tuesday as Kim Jong Un’s latest provocation rattled markets. “The world has received North Korea’s latest message loud and clear: this regime has signaled its contempt for its neighbors, for all members of the ...

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• 29 August

  Texas faces more flooding as Houston crippled

  

  Bloomberg It keeps getting deeper for Houston, the epicenter of the US oil industry. As floods inundated the nation’s fourth-largest city on Monday, with more than a foot of rain likely still to come through Friday, predictions of damage ranged as high as $100 billion. Wall Street and Washington braced for the repercussions of the costliest US natural disaster since ...

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• 29 August

  ‘Thailand has no plan to revoke passports of former PM Yingluck’

  BANGKOK / Reuters Thailand has no immediate plan to revoke the passports of former prime minister Yingluck Shinawatra, the foreign minister said on Tuesday, after she fled the country last week ahead of a court ruling in a negligence case. Yingluck, 50, was elected Thailand’s first female prime minister in 2011 and is the sister of ousted former prime minister ...

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• 29 August

  Pakistan PM intends to work with India for peace

  

  Bloomberg Pakistan’s new Prime Minister Shahid Khaqan Abbasi has set himself a possibly insurmountable challenge. He intends to work with arch-rival India to achieve peace across South Asia. It’s likely to be a tall order for Abbasi considering the two nuclear-armed nations haven’t had high-level dialogue for almost two years and given the institutional opposition of Pakistan’s military against reconciliation ...

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• 29 August

  Malaysian opp won’t cooperate with Islamic party

  Bloomberg Malaysia’s opposition alliance said it won’t cooperate with the country’s largest Islamic party at the next elections, raising the possibility of multiple-cornered fights that could benefit the ruling coalition. Pakatan Harapan is working on a strategy to avoid three-cornered contests, it said in a statement on Tuesday, without elaborating. The alliance is made up of four parties. The Islamic ...

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• 29 August

  Trump doesn’t want stain of defeat in Afghanistan

  

  Will President Trump’s new Afghanistan strategy alter the dynamics of America’s longest and most frustrating war? Do commanders really have any better chance of succeeding now than when this conflict began 16 years ago? I put those questions by phone to Gen. John “Mick” Nicholson Jr., who for more than 18 months has commanded US forces in Kabul. This is ...

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• 29 August

  Brazilian lawmakers dance around political reform

  

  “Two steps here, two steps there”: When storied singer Elis Regina purrs the honeyed Brazilian bolero, lovers tingle. When deft politicians take up their familiar two-step, voters know that democracy is in for a hit. So it has been in recent weeks as national lawmakers have finally begun to overhaul Brazil’s discredited political system. It’s about time. With 35 registered ...

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• 29 August

  US Navy’s deadly collision course in the Pacific

  The circumstances of the crash of the USS John S. McCain near Singapore, which killed at least one US sailor and has left nine missing, remain unclear pending a Navy investigation. The bigger picture, however, is already in focus: Four major accidents this year involving ships of the Seventh Fleet highlight a systemic problem that imperils American dominance on the ...

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• 29 August

  Can Congress constrain Trump in September ?

  Some Republican senators have begun to shed their reluctance to criticize the presidency of Donald Trump. When Congress returns from its August recess, they’ll have the chance to do something about it. Only Congress and the courts have the constitutional power to constrain an executive. The courts have been performing their assigned role, placing constitutional barriers in the way of ...

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