Bloomberg Politics: news on page 596

Ghost of Christmas Past Looms Over Congress

Ghost of Christmas Past Looms Over Congress

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Merkel Won't Let Coalition Talks Hold Back Plans for EU Reform

Merkel Won't Let Coalition Talks Hold Back Plans for EU Reform

Chancellor Angela Merkel said she won’t let talks with the Social Democrats on forming a coalition government interfere with an “ambitious” timetable for reforming the European Union.

Puerto Rico Suffers From ‘Hypocritical’ Tax Bill, Officials Say

The Republican tax plan will erode the foundation of Puerto Rico’s most important industry and politicians who support it will pay a price at the polls, local officials said over the weekend.
Trump ‘America First’ Plan Sees China, Russia as U.S. Frenemies

Trump ‘America First’ Plan Sees China, Russia as U.S. Frenemies

U.S. President Donald Trump listens to a question from members of the media before departing for Camp David on the South Lawn of the White House in Washington, D.C., U.S., on Saturday, Dec. 16, 2017.
ECB Reminds Brexit-Hit Banks That ‘Empty Shell’ Offices Won’t Do

ECB Reminds Brexit-Hit Banks That ‘Empty Shell’ Offices Won’t Do

The European Central Bank warned London-based banks it will be paying “special attention" to their relocation plans to avoid the establishment of any empty shell offices inside the European Union
Hungary Citizenship Plan Reaches 1 Million Mark in Boost for Orban

Hungary Citizenship Plan Reaches 1 Million Mark in Boost for Orban

Hungary’s program to extend citizenship to ethnic kin who are nationals of other countries reached the 1 million mark, boosting Prime Minister Viktor Orban’s already strong chances for re-election
McCain Says He's Feeling Well, Vows Return in January

McCain Says He's Feeling Well, Vows Return in January

Republican Senator John McCain has returned to Arizona to celebrate Christmas with his family and will miss the vote on the GOP tax bill.
Facing Impeachment, Kuczynski Finds Peruvians Quickly Left Him

Facing Impeachment, Kuczynski Finds Peruvians Quickly Left Him

When President Pedro Pablo Kuczynski goes to Congress this week to make a last-ditch attempt to prevent his ouster after allegations of corruption, he’ll likely find little sympathy among ordinary
Washington Bureaucrats Are Quietly Working to Undermine Trump’s Agenda

Washington Bureaucrats Are Quietly Working to Undermine Trump’s Agenda

Across the government, career staffers are finding ways to continue old policies, sometimes just by renaming a project.
Mexico's Biggest Election Could Turn Dirty. It's Happened Before

Mexico's Biggest Election Could Turn Dirty. It's Happened Before

Mexico’s elections have often had a dark side. Candidates have been killed, illicit cash has flowed, and vote counts have been mysteriously interrupted. So when analysts say next year’s presidential
House GOP Dares Senate to Vote Against Temporary Spending Bill

House GOP Dares Senate to Vote Against Temporary Spending Bill

House Republicans are challenging the Senate with an offer to keep the government running for another month while increasing funding for the Pentagon.
Room for Complacency Closes as More Indians Reject Their Leaders

Room for Complacency Closes as More Indians Reject Their Leaders

As Indian equity markets cheer the ruling party’s victory in a key state, voters are sending a subtle message to their leaders.
Brexit Is More Threatening Than EU Conflict to Polish Government, Official Says

Brexit Is More Threatening Than EU Conflict to Polish Government, Official Says

It’s Brexit, and not Warsaw’s escalating conflict with the European Union over democratic values, that presents a bigger threat to inflows of the bloc’s assistance to Poland, according to the
Votes Planned That Could Send Tax Bill to Trump

Votes Planned That Could Send Tax Bill to Trump

President Trump says he expects the U.S. economy to rock when Congress passes the Republican tax cut plan. He's even gone so far as suggesting growth could hit 6%. Bloomberg's Kathleen Hunter reports
Brexit Bulletin: Fight for the Future

Brexit Bulletin: Fight for the Future

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This U.K. Think Tank Claims to Have Solved the Brexit Conundrum

This U.K. Think Tank Claims to Have Solved the Brexit Conundrum

A U.K. think tank has proposed a Brexit model that it says could satisfy both the desire to regain sovereignty from the European Union and the need to keep access to its markets.
Modi Set to Retain Grip on Home State After Bellwether Vote

Modi Set to Retain Grip on Home State After Bellwether Vote

Indian Prime Minister Narendra Modi’s party is set to return to power in his home state, an election that’s considered a bellwether before the national vote in early 2019.
Dozens Dead, Many Missing After Storm Batters Philippines

Dozens Dead, Many Missing After Storm Batters Philippines

Dozens of people were killed and many more were missing after tropical storm Kai-Tak triggered floods and landslides in the Philippines.
Berenberg's Levy Says Tax Plan Will Boost Growth

Berenberg's Levy Says Tax Plan Will Boost Growth

Mickey Levy, chief economist for U.S. and Asia, at Berenberg Capital Markets, discusses the U.S. tax plan on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
Honduran President Named Winner in ‘Low-Quality’ Election

Honduran President Named Winner in ‘Low-Quality’ Election

Honduran electoral authorities declared incumbent Juan Orlando Hernandez the winner of the Nov. 26 presidential vote after three weeks in which the nation slid into chaos as ballots were counted and