August, 2017

• 2 August

  China Forex regulator examines dealmakers

  Bloomberg China’s foreign-exchange regulator is examining how some of the country’s biggest dealmakers used their domestic assets as collateral to get loans overseas, people familiar with the matter said. The State Administration of Foreign Exchange recently began reviewing loan guarantees for Anbang Insurance Group Co., Dalian Wanda Group Co., Fosun International Ltd., HNA Group Co. and the Chinese owner of ...

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• 2 August

  No scrutiny for Trump’s Russia ties as Hous­e panel eyes Clinton

  

  Bloomberg Between Russian meddling in last year’s election, Donald Trump’s decision to fire FBI Director James Comey and the president’s public drubbing of Attorney General Jeff Sessions, the House Judiciary Committee has a lot it could be looking into. But its Republican chairman, Bob Goodlatte of Virginia, has a different priority: investigating Hillary Clinton. Goodlatte has called for new scrutiny ...

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• 2 August

  Brazil’s Temer on the line as Congress considers trial

  

  Bloomberg Brazil’s Congress debates on Wednesday whether President Michel Temer will stand trial on corruption charges, a decision that could determine his political survival and country’s immediate economic outlook. The plenary of the lower house of Congress started the debate shortly after 9 a.m. local time. Two-thirds of the chamber, or 342 lawmakers, must be present for the actual voting ...

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• 2 August

  More support for Kenya opp candidate in opinion polls

  Bloomberg Kenyan opposition candidate Raila Odinga drew more support from voters in three opinion polls as he prepares to take on President Uhuru Kenyatta in next week’s election, raising the likelihood of a runoff vote. Polls released on Tuesday showed Odinga is favored by as much as 49 percent of the electorate, compared with as little as 42% percent two ...

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• 2 August

  ‘Future of western Balkan nations lies in west’

  

  Bloomberg US Vice President Mike Pence told the volatile western Balkans region that its future lies in the West, saying NATO’s door is open for new members. Pence is wrapping up a tour of eastern Europe by visiting Montenegro, a nation of 600,000 that only joined the North Atlantic Treaty Organization in June. At a regional summit on Wednesday, he’s ...

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• 2 August

  Gupta family say South African emails not real

  Bloomberg A raft of emails leaked to South African media about how the Gupta family have won billions of rands of contracts from state-owned companies and influenced government decisions through their closeness to President Jacob Zuma isn’t authentic, family member Atul Gupta said. “There’s no authenticity of Gupta Leaks at all,” Gupta told the British Broadcasting Corp. in an interview. ...

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• 2 August

  Venezuelan assembly to meet to defy constitutional rewrite

  

  Bloomberg In as little as 24 hours, a clash of powers is set to unfold in the Venezuelan capital’s gold-domed Federal Legislative Palace, where a newly elected legislative super body will attempt to convene alongside the National Assembly, the only arm of government not controlled by President Nicolas Maduro or his allies. Despite international condemnation and allegations of fraud, Maduro ...

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• 2 August

  Was Scaramucci’s firing a win for political norms?

  

  The short life of Anthony Scaramucci as White House communications director will be remembered with joy by some, or at least by me. His unbridled self-expression, in the grandest traditions of the First Amendment and the New York street corner, was more like a tornado of fresh air than a mere breath. But the era of the Mooch was also ...

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• 2 August

  It’s perhaps too late to check North Korean missile program

  

  It may already be too late for sanctions to halt North Korea’s missile program. That’s the view of analysts who have watched Kim Jong Un accelerate progress on North Korea’s decades-long quest for a functioning intercontinental ballistic missile. Friday’s launch, the second in a matter of weeks, showed it’s just a matter of time before he has a full-fledged ICBM ...

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• 2 August

  Bank of England should take its time on tightening

  

  The Bank of England to decide whether to raise interest rates. The choice isn’t clear-cut, and the central bank’s policy makers appear to be divided—but with the economy showing signs of slowing and inflation under control, they’d be wise to wait a while longer before tightening. The Bank of England responded to the Brexit referendum by cutting its benchmark rate ...

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