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Bloomberg Politics

Furtive Policy Puts Turkey on Road to 300 Basis-Point Rate Hike

Furtive Policy Puts Turkey on Road to 300 Basis-Point Rate Hike

Turkey may be on the path toward a 300 basis-point interest rate increase with barely a whisper from the central bank as the country struggles to contain a currency crisis that’s reverberating around
Nigerian President Buhari Returns From Vacation, Resumes Duties

Nigerian President Buhari Returns From Vacation, Resumes Duties

Nigerian President Muhammadu Buhari returned to the country’s capital, Abuja, on Saturday from a 10-day vacation in London and immediately resumed his duties, state-owned radio said.
Chinese Investors Can Help Cut Trade Deficit, Malaysia’s PM Says

Chinese Investors Can Help Cut Trade Deficit, Malaysia’s PM Says

Chinese investors can help reduce the country’s trade deficit with Malaysia, the Southeast Asian nation’s prime minister said in Beijing on Sunday at an event alongside Alibaba Chairman Jack Ma.
Graft Probe Hearings Put South Africa's Ruling ANC `on Trial'

Graft Probe Hearings Put South Africa's Ruling ANC `on Trial'

A South African judicial commission investigating the alleged plunder of state funds during former President Jacob Zuma’s rule begins public hearings on Monday that could have potentially dire
Tariffs Will Hurt U.S. More Than Rest of World, Maersk Says

Tariffs Will Hurt U.S. More Than Rest of World, Maersk Says

The U.S. economy will be hit many times harder than the rest of the world by an escalating global trade war, according the chief executive officer of A.P. Moller-Maersk A/S.
Female FTSE 100 Bosses Earn $4 Million Less Than Men, Times Says

Female FTSE 100 Bosses Earn $4 Million Less Than Men, Times Says

Chief executive officers of the biggest London-listed businesses are earning an average of 3 million pounds ($4 million) less than their male counterparts.
Aging ‘Gun Town’ Fights for Its Future in Germany’s Bipolar Boom

Aging ‘Gun Town’ Fights for Its Future in Germany’s Bipolar Boom

In the rolling green hills of Thuringia, Suhl exudes old-world charm with a picturesque center of fountains, pastel-painted buildings and churches dating as far back as the 15th century. But the city
How Crises and Bailouts Have Changed Greece’s Economy

How Crises and Bailouts Have Changed Greece’s Economy

Greece is about to exit its bailout, a symbolic move past a debt crisis that exploded eight years ago and left the economy, and the lives of its people, completely changed.
Iran to Unveil Fighter Jet as It Boosts Missile Capability

Iran to Unveil Fighter Jet as It Boosts Missile Capability

Iran will unveil a new fighter jet this week as part of the nation’s plan to boost its defense capability, Defense Minister Brigadier General Amir Hatami said, in a show of force as the country faces
A ‘Socialist Hellhole’ Struggles to Keep Up With Booming Tourism

A ‘Socialist Hellhole’ Struggles to Keep Up With Booming Tourism

A country that was recently the target of a Fox Business monologue on the evils of socialism has become a magnet for tourists.
Australia Pledges $1.3 Billion to Help Drought-Stricken Farmers

Australia Pledges $1.3 Billion to Help Drought-Stricken Farmers

Prime Minister Malcolm Turnbull has pledged extra funding for Australia’s rural communities ravaged by the worst drought in 50 years, boosting the government’s support package to A$1.8 billion ($1.3
Confusion Reigns as Maduro Mega-Devaluation Roils Venezuela

Confusion Reigns as Maduro Mega-Devaluation Roils Venezuela

Many Venezuelan shops closed as a precaution as confusion reigned Saturday following measures announced by President Nicolas Maduro aimed at fighting an historic economic crisis in the oil-exporting
U.K. Sets Out 'No-Deal' Terms to Ensure EU Access: Telegraph

U.K. Sets Out 'No-Deal' Terms to Ensure EU Access: Telegraph

The U.K. will recognize some EU regulations in the event of a no-deal Brexit to ensure continued access to medicines, car parts and chemicals, the Telegraph reported, citing government papers.
Turnbull to Cap Power Prices Amid Dissent Over Energy Plan

Turnbull to Cap Power Prices Amid Dissent Over Energy Plan

Prime Minister Malcolm Turnbull has vowed to cap power prices in Australia in an urgent policy rejig aimed at winning over critics within his own party for the government’s energy plan.
German Party Chief Raises Prospect of Aiding Turkey Amid Crisis

German Party Chief Raises Prospect of Aiding Turkey Amid Crisis

Germany could help Turkey should it become necessary, Andrea Nahles, head of Germany’s Social Democratic Party, told Funke Mediengruppe in an interview published Sunday.
Currency Devaluation Layers on More Chaos in Caracas

Currency Devaluation Layers on More Chaos in Caracas

Many Venezuelan shops closed as a precaution as confusion reigned Saturday following measures announced by President Nicolas Maduro aimed at fighting an historic economic crisis in the oil-exporting
White House Counsel Cooperated Extensively With Mueller Probe, New York Times Reports

White House Counsel Cooperated Extensively With Mueller Probe, New York Times Reports

White House Counsel Donald F. McGahn has cooperated “extensively” in the ongoing special counsel investigation, and shared detailed accounts about key episodes related to the inquiry into whether
Putin and Merkel, Pushed Together by Trump, Talk Syria, Pipeline

Putin and Merkel, Pushed Together by Trump, Talk Syria, Pipeline

Russian President Vladimir Putin said he plans to discuss “humanitarian aid” for Syria to help refugees return home, warning German Chancellor Angela Merkel that a renewed migrant crisis would be a
Trump Says He Allowed McGahn, Others to Cooperate with Mueller

Trump Says He Allowed McGahn, Others to Cooperate with Mueller

President reacts after New York Times describes McGahn’s extensive interviews with special counsel
Lukashenko Reshuffles Cabinet as Russian Oil Money May Dry Up

Lukashenko Reshuffles Cabinet as Russian Oil Money May Dry Up

Belarusian president Alexander Lukashenko reshuffled the government in his biggest overhaul in almost four years as the former Soviet republic confronts the prospect of a drop in earnings from Russian