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Bloomberg Indonesian President Joko Widodo won last month’s bitterly contested election by a double-digit margin, official results showed on Tuesday, an outcome rejected by his rival who threatened a legal challenge amid threats of street protests by his supporters. Widodo, known as Jokowi, won 55.5 percent of the national vote, compared to his challenger Prabowo Subianto’s 44.5 percent, the General ...

Bloomberg Theresa May faces a showdown with her cabinet on Tuesday as she seeks their backing for one last push for her divorce deal with the European Union. Pro-Brexit ministers and those looking to succeed May as prime minister are expected to lead objections as they debate proposals to make the agreement more attractive to the opposition Labour Party, potentially ...

Bloomberg Austrian Chancellor Sebastian Kurz is set to face a no-confidence vote as soon as next week, raising the specter of a deepening state crisis. His decision to sack nationalist Interior Minister Herbert Kickl, triggering the resignation of the remaining Freedom Party cabinet members, estranged his erstwhile partners and raised the chances that the parliamentary motion will pass with Freedom ...

Bloomberg Five Catalan separatist leaders emerged from jail to take up their seats in Spain’s parliament on Tuesday in an act of political theatre that may inflame passions on both sides of a divided country. Oriol Junqueras, the leader of the Esquerra Republicana party, is among four pro-independence campaigners who won seats in the lower house in Spanish general elections ...

Bloomberg President Donald Trump’s decision to fight “all the subpoenas” is pushing Democrats towards a complicated and risky choice: take on the White House in a lengthy court battle or begin an impeachment. The impeachment process would strengthen Democrats’ legal case for enforcing subpoenas, but it would open them to political attacks from Republicans saying they are rushing toward a ...

Behind recent US and Iranian military mobilisations lies a perception by each side that the other may be about to attack. This doesn’t appear to be posturing by either nation but is instead a confrontation that could lead to actual conflict if there’s a miscalculation. The United States sent an aircraft carrier task force, bombers and other assets to the ...

It’s no secret the US economy keys off consumption. On that count, it’s beginning to look less and less like an expanding economy. Whether it’s the internals of the first-quarter GDP report or the source of March personal spending, the trend is not the friend of growth in coming months. Some of it comes down to the state of US ...

Last year, the world’s consumers bought more than 2 million electric vehicles. By 2025, they’ll be buying 10 million; by 2040, 56 million, according to BloombergNEF’s new long-term Electric Vehicle Outlook. The report looks at how this fleet will transform transportation as China’s 421,000 electric buses join those millions of personal EVs. As the expanding electric fleet drives electricity demand ...

Having helped carry the African National Congress across the finish line in elections earlier this month, despite South Africans’ impatience with the party’s persistent corruption, President Cyril Ramaphosa will now need to lead his party toward greater reform. It’s the essential first step toward reviving a moribund economy and restoring South Africans’ faith in their future. The ANC’s seemingly robust ...

Exit polls in India have a patchy record. Polling has been off the mark in two of the last four general elections in India, so nobody should assume that the final results, which will begin to be available later this week, will necessarily follow the pattern of the exit polls that were released as voting ended this Sunday. Nevertheless, the ...