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Bloomberg Gazit-Globe Ltd., which manages commercial real estate worth about $21 billion in more than 20 countries, is extending its Brazilian business even as the country suffers the worst recession in over a century and the streets swell with protesters clamoring for mass political change. The company will invest $1 billion this year to expand existing shopping centers in Sao ...

Bloomberg Argentina is poised to approve the final details of a new law designed to give a boost to renewable energy as President Mauricio Macri steps up his efforts to fight climate change. The law will impose fines on large users of electricity that don’t get at least 8 percent of their power from renewable sources, starting in 2018, according ...

Bloomberg Chile’s inflation rate fell for the first time in three months in February after the economy expanded at the slowest pace in almost six years. Consumer prices rose 4.7 percent from the year earlier, the National Institute of Statistics said in a report on its website, compared with 4.8 percent the month before. The median estimate of 19 analysts ...

Bloomberg In an American election season that’s turned into a bonfire of the orthodoxies, one taboo survives pretty much intact: Deficits are dangerous. A school of dissident economists wants to toss that one onto the flames, too. It’s a propitious time to make the case, and not just in the U.S. Whether it’s negative interest rates, or helicopter money that ...

Ankara / AFP Turkish warplanes pounded Kurdish rebel bases in northern Iraq on Monday, the day after a suicide car bomb tore through downtown Ankara killing at least 36 people, the third attack on the capital in five months. There was no immediate claim of responsibility for the latest carnage, which reduced cars and buses to charred hulks on a ...

Amman / AFP One in three Syrian children have known nothing but a lifetime of war, UNICEF said on Monday, as the country’s conflict enters its sixth year this week. Forced from their homes and schools, orphaned by violence and drafted into work or fighting, a generation of Syria’s children is being shaped by the conflict, UNICEF said in a ...

Beirut / AFP Aid groups were unable to deliver much-needed food packages to four besieged towns in war-torn Syria on Monday, the International Committee of the Red Cross told AFP, citing security problems. Since an unprecedented ceasefire came into force on February 27, aid deliveries have reached thousands of people in areas blockaded by regime and opposition forces. Under an ...

Brussels / AFP The European Union must stand up to Russia to defend core political and security interests even while trying to find common cause on issues such as the Syrian conflict, the bloc’s foreign ministers said on Monday. The ministers gathered in Brussels for a regular monthly meeting which for the first time in a year will review relations ...

Geneva / AFP Agreeing on political transition in Syria is the “mother of all issues,” the UN envoy for the war-ravaged country said on Monday, as a new round of peace talks was set to begin. Speaking to reporters in Geneva, Staffan de Mistura stressed the importance of getting the talks quickly focused on “the real issues,” adding: “What is ...

Beirut / AFP The United States and Russia are pulling the strings in Syria’s five-year war, experts say, pressuring opposing sides and leveraging rival regional powers to reach a settlement. As the conflict enters its sixth year, the embattled regime and fractured opposition are in Geneva for indirect peace talks hosted by United Nations peace envoy Staffan de Mistura. But ...