Bloomberg Congressional investigations of Russian meddling in the US election likely will be extended — perhaps into next year — because of revelations during Congress’ August recess about Trump associates’ contacts and meetings, Democrats on the Senate and House intelligence committees said. “It seems like there’s not a week that doesn’t go by that another undisclosed meeting doesn’t come up ...
Read More »After Harvey, US braces for Hurricane Irma
Bloomberg Hurricane Irma, the most powerful storm to form in the open Atlantic Ocean, was barreling towards Puerto Rico late on Tuesday on a path that may bring it ashore in Florida and destroy so much property that damages may surpass Hurricane Katrina. Irma has sent cruise lines and insurance stocks plunging, with Barclays Plc estimating insured losses in a ...
Read More »Moon seeks Putin help, warns of ‘uncontrollable’ North Korea
Bloomberg South Korean President Moon Jae-in sought to find common ground with Russian counterpart Vladimir Putin to prevent the situation on the Korean peninsula from spinning out of control. “If we fail to stop North Korea’s provocations now, it could sink into an uncontrollable situation,†Moon said in opening remarks before a meeting with Putin in Vladivostok, Russia, on Wednesday. ...
Read More »Kenya opposition wants ‘fairness’ in new vote
Bloomberg Kenya’s main opposition alliance demanded the electoral commission be overhauled and said it wants guarantees on fairness in place before it agrees to participate in a rerun of last month’s annulled presidential election. The five-party National Super Alliance urged the Independent Electoral & Boundaries Commission to remove six key officials from its secretariat, including Chief Executive Officer Ezra Chiloba, ...
Read More »Call for coalition to force Congo president’s exit
Bloomberg The Democratic Republic of Congo’s main opposition leader said parties should unite to force President Joseph Kabila to leave as plans to set a new date for elections are delayed. “Joseph Kabila is the sole obstacle on the way to the organization of elections in our country,†Felix Tshisekedi, leader of the Rassemblement coalition, told reporters in the capital, ...
Read More »After IS is defeated, can US troops help stabilize Syria?
As the US-led coalition accelerates its campaign to destroy the IS’s remaining strongholds in Syria, the Trump administration faces a big decision about the future: Does it want to keep some US troops inside the country to help stabilize Syria after the extremists are defeated, or does it want to pack up and come home? The dilemma is eerily like ...
Read More »Fall of Singapore would be beginning of end for Uber
Of all the setbacks during World War II, the one that British Prime Minister Winston Churchill could never really get over was the fall of Singapore. Seventy-five years later, Dara Khosrowshahi, Uber’s new CEO, shouldn’t even want to contemplate the costs of surrendering the city’s ride-hailing market—for that might mean the beginning of the end of Uber Technologies Inc.’s global ...
Read More »Macron’s first step towards transforming France
President Emmanuel Macron’s new government has unveiled its plan to overhaul France’s notoriously rigid labor market. It includes useful measures that should help to boost employment, and it’s a good first step. Unfortunately, though, it doesn’t resolve some deeper-rooted problems, in particular the unduly sharp divide between workers on temporary and permanent contracts — the underlying cause of France’s so-called ...
Read More »Making a bad situation in North Korea worse
There are, as is often noted, no good options for dealing with North Korea. All the more reason for the US not to make the few it does have even worse. That’s what President Donald Trump is doing by linking the security threat posed by North Korea with his trade agenda. Irked by China’s failure to help the US rein ...
Read More »Japan needs to change to welcome immigrants
The US has been roiled by debates over immigration. Japan has the opposite problem—not enough debate. Immigration is happening, and no one is talking about it or preparing to deal with it. Americans tend to use Japan as an example of a country that doesn’t take in immigrants. For example, my Bloomberg View colleague Justin Fox recently wrote that “politicians ...
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