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White House Races to Rewrite Budget as Lawmakers Boost Spending

White House Races to Rewrite Budget as Lawmakers Boost Spending

President Donald Trump’s next budget is being rewritten at the last minute to make sure it’s not entirely out-of-date even before it hits a single desk in Congress.
North Korea May Be Winning the Olympics Propaganda War

North Korea May Be Winning the Olympics Propaganda War

While South Korea ramps up for opening ceremonies at the Olympics, North Korea is showing off its cultural diplomacy alongside its military might. (Source: Bloomberg)
Juncker to Float Merging Top EU Jobs, Source Says

Juncker to Float Merging Top EU Jobs, Source Says

The European Union’s executive arm plans next week to propose merging the bloc’s two top positions, according to a person with knowledge of the matter.
Congress Raids Fed's Surplus for $2.5 Billion in Budget Deal

Congress Raids Fed's Surplus for $2.5 Billion in Budget Deal

For the second time in less than three years, Congress has raided the Federal Reserve’s capital surplus account, this time for $2.5 billion.
Rubio Says World Would Support Venezuela ‘Removing a Dictator’

Rubio Says World Would Support Venezuela ‘Removing a Dictator’

Senator Marco Rubio took to Twitter on Friday morning to suggest that the world would support Venezuela’s military if it decided to “restore democracy by removing a dictator.”
Tax Break Popular With Oil Drillers, Conservationists Gets Boost

Tax Break Popular With Oil Drillers, Conservationists Gets Boost

Oil companies that have claimed more than a billion dollars in tax credits for burying carbon dioxide underground just got a windfall from Congress, which expanded that incentive as part of the
Judge Taunted by Trump Hears Arguments on Border Wall

Judge Taunted by Trump Hears Arguments on Border Wall

U.S. District Judge Gonzalo Curiel listened to environmental groups and the state of California argue why a section of President Donald Trump’s proposed wall along the Mexican border shouldn’t be
Schulz Abruptly Drops Bid to Be Merkel’s Next Foreign Minister

Schulz Abruptly Drops Bid to Be Merkel’s Next Foreign Minister

Germany’s embattled Social Democratic leader Martin Schulz abruptly dropped his bid to become Chancellor Angela Merkel’s next foreign minister, saying an outcry over his claim to the post endangers a
Kim's Sister Meets Moon After Cheering on Unified Korea Team

Kim's Sister Meets Moon After Cheering on Unified Korea Team

A North Korean high-level delegation, including its leader’s sister, arrived at the South Korean presidential compound for a lunch with President Moon Jae-in Saturday, in a rare meeting of leaders of
Barnier Says Brexit Transition Not a Given If Disagreements Persist

Barnier Says Brexit Transition Not a Given If Disagreements Persist

European Commission Brexit Negotiator Michel Barnier speaks at a news conference in Brussels at the end of the latest round of technical talks on Article 50 negotiations. (Source: Bloomberg)
Increasing Chance Nigeria's Buhari Won't Run Again, Eurasia Says

Increasing Chance Nigeria's Buhari Won't Run Again, Eurasia Says

Nigerian President Muhammadu Buhari is facing increasing calls not to seek re-election next year, but he will probably decide to run and will be the favorite, according to New York-based risk
U.S. Budget Frees Up Government to Spend Trillions

U.S. Budget Frees Up Government to Spend Trillions

John Hudak, Brookings Institution senior fellow of governance studies, discusses the efficient spending of trillions of dollars of new money provided to government agencies in the U.S. budget
EU Warns of Brexit Chaos Risk as Transition Talks Stumble

EU Warns of Brexit Chaos Risk as Transition Talks Stumble

Brexit negotiations broke up in acrimony on Friday when the European Union’s chief negotiator raised the prospect of the U.K. crashing out of the bloc next year into a legal limbo. Michel Barnier’s
Pound Falls as EU Warns Brexit Transition Period Not a Given

Pound Falls as EU Warns Brexit Transition Period Not a Given

The pound fell and gilts rallied as the European Union’s chief negotiator Michel Barnier said that a Brexit transition period wasn’t a given if disagreements with the U.K. persisted.
Congress Takes on Infrastructure Next Week

Congress Takes on Infrastructure Next Week

Bloomberg's Kevin Cirilli reports on the latest involving the argument about deficits in Washington. He speaks on 'Bloomberg Surveillance." (Source: Bloomberg)
In Houston, 45% Pay Hikes Are Dangled to Lure Immigrant Workers

In Houston, 45% Pay Hikes Are Dangled to Lure Immigrant Workers

Cesar Gomez’s life is great right now. And a little scary.
Barnier Says EU Waiting for U.K. to Make Choices: Brexit Update

Barnier Says EU Waiting for U.K. to Make Choices: Brexit Update

EU chief negotiator Michel Barnier briefs reporters on Friday as a week of Brexit talks winds up. On the agenda for Friday was an “update” from the U.K. on the future relationship.
Egypt Declares Major Security Offensive With Vote Weeks Away

Egypt Declares Major Security Offensive With Vote Weeks Away

Egypt’s security forces on Friday announced a “broad offensive” ranging from the militancy-hit Sinai peninsula to the Nile delta and western desert, vowing to tighten control of the country’s land and
Congress Ends Shutdown by Passing Delayed Budget Deal

Congress Ends Shutdown by Passing Delayed Budget Deal

Bloomberg's Stephanie Baker reports on the U.S. Congress passing a two-year budget agreement in a 240-186 vote that will increase federal spending by nearly $300 billion, the vote ends a brief partial
How Shutdown 2.0 Ended in the Blink of an Eye

How Shutdown 2.0 Ended in the Blink of an Eye

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