Bloomberg Politics: news on page 317

Lurpak Butter Maker Says Brexit Is Forcing $500 Million Cost Cut

Lurpak Butter Maker Says Brexit Is Forcing $500 Million Cost Cut

Arla Foods, the maker of Lurpak butter, said it needs to save at least 400 million euros ($500 million) because currency losses soared after Britain voted to leave the European Union.
As Trump-Kim Summit Takes Shape, Possible Outcomes Vary Wildly

As Trump-Kim Summit Takes Shape, Possible Outcomes Vary Wildly

A summit between U.S. President Donald Trump and North Korean leader Kim Jong Un looks increasingly likely to happen in the next few months, as their aides intensify preparations for what would be a
Burundi Names New Foreign Minister as Nation Readies for Vote

Burundi Names New Foreign Minister as Nation Readies for Vote

Burundi’s president appointed five new ministers, including a former chairman of the ruling party’s youth wing as foreign affairs chief, a month before a referendum that could extend his rule until

India's Top Judge Faces Challenge Amid New Judicial Crisis

India’s opposition parties are seeking the impeachment of the country’s chief justice over allegations he misused his authority to influence the outcome of politically-sensitive cases.
Romanian President Condemns Cabinet Plan to Move Israel Embassy

Romanian President Condemns Cabinet Plan to Move Israel Embassy

Romanian President Klaus Iohannis slammed the government for not consulting him before announcing a plan to move the country’s embassy in Israel to Jerusalem.
Trump Slams OPEC as Cartel Pushes Harder for High Oil Prices

Trump Slams OPEC as Cartel Pushes Harder for High Oil Prices

U.S. President Donald Trump slammed OPEC for inflating oil prices after the cartel showed a willingness to further tighten crude markets.
Trump’s War on ‘Deep State’ Judges

Trump’s War on ‘Deep State’ Judges

The administration wants the Supreme Court to make it easier for politically appointed agency heads to fire in-house jurists.
Swiss Banks Get Best Lawyers in Petrobras Probe, Prosecutor Says

Swiss Banks Get Best Lawyers in Petrobras Probe, Prosecutor Says

Switzerland’s top prosecutor is pursuing at least one bank in the country for its role in the Brazilian corruption affair known as the Carwash. Michael Lauber’s biggest problem expanding the probe is
Romania: Leaders Row About Relocating Embassy to Jerusalem

Romania: Leaders Row About Relocating Embassy to Jerusalem

Bucharest, Romania (AP) -- The leader of Romania's ruling party says the country plans to move its embassy in Israel to the disputed city of Jerusalem, but the president says the decision is
Brexit Bulletin: Getting the Hang of It

Brexit Bulletin: Getting the Hang of It

Today in Brexit: The latest phase of talks got off to a typically slow start, but there are signs that this time the U.K. may be ready to take the initiative.
Europe’s Depopulation Time Bomb Is Ticking in the Baltics

Europe’s Depopulation Time Bomb Is Ticking in the Baltics

Young workers keep leaving for the west, while refugees from the Middle East and Africa are shunned. The UN sees a catastrophe lurking.
Probe Into ECB's Rimsevics Headed for Criminal Charges in Latvia

Probe Into ECB's Rimsevics Headed for Criminal Charges in Latvia

The corruption investigation into Latvia’s central bank chief, a member of the European Central Bank’s policy-setting committee, is entering a decisive phase.
On Sexual Harassment Complaint, Japan's Aso Objects to Font Size

On Sexual Harassment Complaint, Japan's Aso Objects to Font Size

When asked about a complaint from a TV station that the most senior official at his ministry sexually harassed a reporter, Japanese Finance Minister Taro Aso said the font used on the complaint letter
Labour Will Work With Tory Rebels to Fight for EU Customs Union

Labour Will Work With Tory Rebels to Fight for EU Customs Union

The Labour Party has given its clearest signal yet that it will join forces with rebel Tories in an attempt to defeat Theresa May on Brexit, threatening a political crisis that could bring down her
McDonnell Woos Past Enemies for U.K. Labour's Push for Power

McDonnell Woos Past Enemies for U.K. Labour's Push for Power

John McDonnell, self-proclaimed enemy of capitalism and the man who would be chancellor of the exchequer, took pride in sowing dissent.
Comey Memos Show Trump Sought Loyalty, Tried to End Flynn Probe

Comey Memos Show Trump Sought Loyalty, Tried to End Flynn Probe

President Donald Trump praised James Comey for his honorable conduct during the 2016 campaign, sought out his loyalty, and asked the FBI director to let go of an investigation into his former national
Australia's Government Is Shocked by Bank Wrongdoing. Shocked

Australia's Government Is Shocked by Bank Wrongdoing. Shocked

After being dragged kicking and screaming to hold an inquiry into misconduct in Australia’s financial industry, the government is now jumping aboard the bank-bashing bandwagon as public anger at
A Top Senate Republican Slams Tech Lobby’s CFIUS Bill Push

A Top Senate Republican Slams Tech Lobby’s CFIUS Bill Push

The Senate’s No. 2 Republican on Thursday used a floor speech to try to beat back efforts by IBM and a tech trade group to gut a bill that would expand the powers of a secretive national security

Australia Defends South China Sea Presence Amid Challenge Report

Australian leader Malcolm Turnbull says his navy has a “perfect right” to conduct freedom of navigation exercises in the South China Sea after a media report said three of his frigates had been