Bloomberg Politics: news on page 157

Italy Economy Seen Contracting Again, in Blow to Populists

Italy Economy Seen Contracting Again, in Blow to Populists

Italy’s economy probably shrank again this quarter, according to the country’s statistics office, complicating the populist government’s efforts to meet its fiscal commitments.
Italy’s Conte, in Response to EU on Debt, Calls for Rule Changes

Italy’s Conte, in Response to EU on Debt, Calls for Rule Changes

Prime Minister Giuseppe Conte, seeking to avoid European Union disciplinary action over Italy’s huge debt, made a plea to revamp EU budget rules and economic governance.
Iran Says it Shot Down U.S. Drone

Iran Says it Shot Down U.S. Drone

Iran says it shot down a U.S. spy drone in its airspace. The move escalates already fierce tensions in the Persian Gulf and sent oil spiking as well. Bloomberg’s Golnar Motevalli and Zainab Fattah
When Boris Johnson Talks Brexit, MPs Hear What They Want to Hear

When Boris Johnson Talks Brexit, MPs Hear What They Want to Hear

Boris Johnson is fighting his campaign to become U.K. prime minister largely behind closed doors, wooing as many 16 Conservative members of Parliament a day in a borrowed office. As supporters emerge
Asean Leaders Pressured to Push Myanmar on Rohingya Repatriation

Asean Leaders Pressured to Push Myanmar on Rohingya Repatriation

Southeast Asian leaders are facing pressure to take a tougher stance on Myanmar ahead of this weekend’s Asean summit amid accusations they’re failing to ensure the safe repatriation of hundreds of
As Cocaine Production Explodes, Colombia Tries to Appease Trump

As Cocaine Production Explodes, Colombia Tries to Appease Trump

An important U.S. ally and partner in the war on drugs risks losing economic aid just as cartels are asserting themselves.
Despite Trump’s Claims, There’s No Currency War Against the U.S.

Despite Trump’s Claims, There’s No Currency War Against the U.S.

Europe has good reasons to consider a rate cut, and China is trying to slow the yuan’s decline.
Trump and Trudeau Just Resolved One Trade Dispute. Can They Head Off Another?

Trump and Trudeau Just Resolved One Trade Dispute. Can They Head Off Another?

Canadian Prime Minister Justin Trudeau planned to take up trade disputes with President Donald Trump in Washington on Thursday and meet with congressional leaders on the proposed U.S.-Canada-Mexico
Democrats Brush Off Deficit Fears in Quest to Bolster Safety Net

Democrats Brush Off Deficit Fears in Quest to Bolster Safety Net

Bill Clinton famously declared in 1996 that “the era of big government is over.” Now, on the Democratic campaign trail, it’s back with a vengeance.
McDonald’s Picket Line Becomes a Required Campaign Stop for 2020 Democrats

McDonald’s Picket Line Becomes a Required Campaign Stop for 2020 Democrats

Flanked by dozens of striking fast-food workers, Senator Kamala Harris stood behind a large pro-union banner in Las Vegas, chanting, “McDonald’s pay is really low.”
Facebook’s Libra Gambit Forces Washington’s Hand on Crypto Policy

Facebook’s Libra Gambit Forces Washington’s Hand on Crypto Policy

Facebook Inc.’s decision to create its own digital money –- with the grandiose ambition of establishing an alternative global financial system –- is jumpstarting a long simmering debate in Washington
Hunt and Johnson in Final Runoff to Be UK Premier: Brexit Update

Hunt and Johnson in Final Runoff to Be UK Premier: Brexit Update

Boris Johnson and Jeremy Hunt won through to the final runoff in the race to succeed U.K. Prime Minister Theresa May after five rounds of voting by Conservative members of Parliament. Grassroots
Turkish Court Hands Down Life Sentences in Coup Trial

Turkish Court Hands Down Life Sentences in Coup Trial

Ankara, Turkey (AP) -- A Turkish court has sentenced 128 people accused of being among the ringleaders of the failed military coup in 2016, to life terms in prison, according to Turkish media.
Malaysia Leader Says ‘No Proof’ Russia to Blame for MH17 Downing

Malaysia Leader Says ‘No Proof’ Russia to Blame for MH17 Downing

Malaysian Prime Minister Mahathir Mohamad said there’s “no proof” Russia is to blame for the 2014 downing of Malaysia Airlines Flight 17 over eastern Ukraine.
Pound to Fall Amid Economic, Financial, Political Instability: Alphabook

Pound to Fall Amid Economic, Financial, Political Instability: Alphabook

Martin Malone, chief economic adviser at Alphabook, says the pound will continue to weaken amid ongoing economic, financial and political instability. He also discusses Bank of England policy on
EU Leaders Talk Top Jobs

EU Leaders Talk Top Jobs

Leaders from around the region head to Brussels today for another round of talks to elect the next commission president with the role of ECB President and European Council President up for grabs.
Ex-Interpol Chief Pleads Guilty to Bribery in China Court

Ex-Interpol Chief Pleads Guilty to Bribery in China Court

China said former Interpol President Meng Hongwei pleaded guilty to taking bribes, state media said Thursday, months after going missing during a visit to his home country.
Brexit Bulletin: The Path to Power

Brexit Bulletin: The Path to Power

Today in Brexit: As Boris Johnson moves a step closer to power, his supporters are already war-gaming an early election.
Putin Defends Record as Angry Russians Say Life Is Getting Worse

Putin Defends Record as Angry Russians Say Life Is Getting Worse

Facing a wave of complaints about low salaries and poor living standards at his annual call-in show with the public, President Vladimir Putin insisted that life is getting better for ordinary Russians
North Korea Missiles Still Lack Capabilities, U.S. General Says

North Korea Missiles Still Lack Capabilities, U.S. General Says

North Korea has made minimal advances in the capabilities needed for an effective nuclear missile that could reach the American mainland, according to the U.S.’s No. 2 military official.