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Bloomberg Theresa May’s office dismissed as speculation a report that the UK is prepared to pay a 40 billion-euro ($47 billion) bill to leave the European Union, while leading Brexit supporters pushed back against paying anything at all. The figure surfaced in the Sunday Telegraph newspaper, which cited three government officials it didn’t identify as saying Britain would offer the ...

Bloomberg Two US envoys are expected in Kuwait before embarking on a tour of the four states that have isolated Qatar, according to a Gulf official with direct knowledge of the visit, in the latest push by Washington to help defuse the two-month standoff. General Anthony Zinni, a retired former head of US Central Command, will be accompanied by Timothy ...

Bloomberg A year is a long time in politics. But for the task confronting Mexico’s ruling party — to recover from rock bottom approval ratings and retain the presidency — it may not be long enough. That’s why there’s a sense of urgency about the party’s national assembly taking place in five states this week. After ruling Mexico for most ...

Bloomberg Donald Trump may have annoyed the wrong man in Congress. Senator Chuck Grassley, the chairman of the Judiciary Committee, has been ramping up an investigation into possible collusion between Russia and Trump’s presidential campaign, in addition to the president’s dismissal of former FBI Director James Comey. The plain-spoken Iowa Republican had sharply criticized the administration’s initial failure to respond ...

The argument between the Trump administration and its critics over a sustainable rate of economic growth raises profound questions about America’s future. Have we entered a prolonged period of slow growth? If so, how does that alter society and politics? Or will the “right” policies raise growth to past levels? If you haven’t paid attention, here’s a brief overview of ...

The fall from grace of China’s Anbang Insurance Group Co. Ltd. continues to get steeper. Not long ago, the mysterious firm was chasing one foreign deal after another, becoming a symbol of China’s global economic ambitions. Now it appears the government may be pressuring Anbang to divest those prized foreign assets. If that proves to be the case, China will ...

More than six years after three nuclear reactors melted down in Japan, the country is homing in on the lost fuel inside one of them. Japan’s biggest utility and owner of the wrecked Fukushima Dai-Ichi plant, Tokyo Electric Power Co. Holdings Inc., last week released images that for the first time showed what’s likely melted fuel inside the No. 3 ...

Asia’s newest tiger economy is about to find out the cost of being a member of the club. Vietnam has more than doubled its gross domestic product over the past eight years, becoming a high performer in the world’s fastest-growing region. One consequence is it’s now well-enough off to be disqualified from getting development funding from international institutions on a ...

Recent leaks from the US State Department suggest that Secretary Rex Tillerson is not interested in one of its traditional missions: promoting democracy across the world. But could it actually be a wise move to pause those efforts—especially at this undeniably awkward moment for the US? Josh Rogin at The Washington Post reports that State is looking to amend its ...

Millions of American workers are frozen out of their companies’ pension plans. Maybe you get a 401(k), if you’re lucky. But the traditional pension is dead. Unless, perhaps, you’re already retired. It still lives for millions of older Americans who worked and qualified for their pensions in another era. Today’s retirees are living pretty well, new research finds—much better than ...