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Bloomberg Egypt carried out air strikes against militants across the border in Libya, saying they targeted the group responsible for a deadly attack on Christians earlier on Friday. At least 29 people, some of them children, were killed when gunmen in military fatigues opened fire on a bus carrying members of the Coptic Christian minority in Minya province, about 200 ...

Bloomberg Flailing in yet another political crisis, Brazil is once more looking to its judges for salvation. This time, they could determine the fate of its president, Michel Temer. On June 6, Brazil’s top electoral court, the TSE, is due to resume its judgement of the 2014 election campaign that could see Temer ousted from office. Aides say the president ...

Bloomberg Labour leader Jeremy Corbyn held back from declaring support for Britain’s nuclear weapons program and for the North Atlantic Treaty Organization as his security credentials came under examination in a BBC television interview, two weeks before the general election. Corbyn was asked repeatedly whether he supported the renewal of Britain’s nuclear weapons system, known as Trident, and nine times ...

If the US economy is going to prosper, it needs to keep taking in immigrants. Fertility is below replacement levels, and no country has discovered a way to raise native birthrates. That means that immigration is necessary for the survival of the Social Security system and the solvency of pension funds. Immigrants will allow small cities to grow and expand ...

On one level, there’s nothing so surprising about Moody’s Investors Service’s decision to downgrade China’s sovereign debt one notch to A1. Since March last year, when the rating company and its rival S&P Global Ratings cut their outlook on the People’s Republic’s credit standing, an eventual demotion has been the most likely outcome. Still, it mustn’t have been an easy ...

When Enda Kenny’s center-right Fine Gael party came to power in 2011, Ireland was dealing with the collapse of its banking system and struggling to comply with the demands of an international rescue program. Six years later, the economy is booming. Unemployment has fallen from nearly 15 percent to a little over 6 percent, and Ireland pays less to borrow ...

Emmanuel Macron is nothing if not persuasive. He’s built a political movement from scratch and won enough votes from France’s established parties to take the keys to the Elysee Palace. He’ll need those skills and more to carry out an essential reform that has eluded all his predecessors — freeing up France’s labor market. Just last year, France debated the ...

For a long time, German Chancellor Angela Merkel made a point of not disagreeing publicly with European Central Bank President Mario Draghi. This year, however, that tradition is broken, and Merkel appears interested in making sure Draghi’s successor is more acceptable to Germany, perhaps even a German. Recently, for the second time this year, the chancellor blamed ECB for euro ...

Brexit is driving up prices and there’s an election around the corner, but Britons are still hitting the shops, to judge by a raft of reports from retailers. Marks & Spencer Group Plc said that while its same-store clothing and home-furnishing sales fell more than estimated in the three months through April 1, full-price sales were up, and there are ...

Sitting in my Hangzhou hotel room one evening last September, I caught a helpfully subtitled Chinese TV show about Song Dynasty inscriptions carved on a mountainside near Quanzhou — the city Chinese media invariably call “the starting point of the Maritime Silk Road.” With prayers for good winds and safe returns, the carvings bore witness to China’s far-flung commercial relations ...