Bloomberg Politics: news on page 598

May's Brexit Strategy Faces Challenges Both From EU, Home

May's Brexit Strategy Faces Challenges Both From EU, Home

U.K. Prime Minister Theresa May’s Brexit strategy faced new challenges Sunday as Foreign Secretary Boris Johnson made a fresh intervention in the debate while comments by the European Union’s chief
ANC's Dlamini-Zuma Campaign Is Said to Nominate Mkhize as Chair

ANC's Dlamini-Zuma Campaign Is Said to Nominate Mkhize as Chair

Supporters of Nkosazana Dlamini-Zuma, who is vying to become the leader of South Africa’s ruling party, plan to nominate Zweli Mkhize for chairman of the African National Congress, according to five
South Africa Ruling Party Breaks Impasse on Eligible Voters

South Africa Ruling Party Breaks Impasse on Eligible Voters

South Africa’s ruling African National Congress broke an impasse over who will be eligible to vote in crunch leadership elections at its national conference, opening the way for balloting to begin.
Voting Ends in Chilean Presidential Election That Roiled Markets

Voting Ends in Chilean Presidential Election That Roiled Markets

Voting has closed in the second round of Chile’s presidential election that is too close to call after billionaire Sebastian Pinera failed to win a commanding lead in the first round, roiling the

South Africa's ANC Chairwoman Mbete Is Said to Endorse Ramaphosa

South Africa’s ruling party chairwoman, Baleka Mbete, plans to endorse Cyril Ramaphosa for president of the African National Congress, according to two people familiar with the situation.
How You Can Exploit the Tax Bill Right Now

How You Can Exploit the Tax Bill Right Now

Step one: Give as much as possible to charity by Dec. 31.
Zuma Urges Unity as ANC Conference Begins

Zuma Urges Unity as ANC Conference Begins

South African President Jacob Zuma said the ruling African National Congress is threatened by factionalism and urged senior members vying for top party posts to consider including opponents in the new
Egypt's Giant Zohr Gas Field Starts Production

Egypt's Giant Zohr Gas Field Starts Production

Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its goal of energy self-sufficiency.
Merkel Ally Draws Red Line in Talks

Merkel Ally Draws Red Line in Talks

Angela Merkel’s chief Bavarian ally said he’ll halt any compromise in talks to form a new German government that would endanger his party’s state campaign next year, raising potential barriers as the
Turnbull Government Reclaims Majority With Sydney Election Win

Turnbull Government Reclaims Majority With Sydney Election Win

Australia’s government won a key election in Sydney on Saturday, regaining its parliamentary majority in a boost for Prime Minister Malcolm Turnbull.
Trump Says U.S. Economy to ‘Rock’ as GOP Races to Tax-Cut Finish

Trump Says U.S. Economy to ‘Rock’ as GOP Races to Tax-Cut Finish

President Donald Trump predicted the U.S. economy is “going to start to rock” when the Republican rewrite of the U.S. tax code is complete after a six-week sprint.

South Africa's ANC Delays Start of Elective Conference

South Africa’s ruling party announced a five-hour delay to the start of its elective conference on Saturday to enable it to complete the process of registering about 5,000 voting delegates.

S. Africa to Start Free Tertiary Education for Poor Citizens

South Africa will introduce free tertiary education for students from homes where the combined annual income is 350,000 rand ($27,600) or less annually.
China Seeks Financial Cooperation With U.K.

China Seeks Financial Cooperation With U.K.

China wants to deepen financial and investment links with the U.K. as Britain seeks to boost two-way trade once it leaves the European Union.

Democrats Hit Justice Department for Release of Anti-Trump Texts

The Justice Department’s inspector general said Friday that his office wasn’t consulted about the decision to release private anti-Trump text messages between two FBI officials to reporters this week.
GOP Tax Plan Sets Higher Rate Than Expected on Offshore Earnings

GOP Tax Plan Sets Higher Rate Than Expected on Offshore Earnings

The top tax rate that U.S. companies would pay on an estimated $3.1 trillion in earnings they’ve stockpiled overseas crept up to 15.5 percent in the final version of the GOP tax bill released Friday.
Tax Bill Drops FIFO Rule That Could Raise Taxes on Stock Sales

Tax Bill Drops FIFO Rule That Could Raise Taxes on Stock Sales

Investors have dodged a rule change that could have raised their tax bills when they sell stock.

Puerto Rico to Lose Tax Advantages Under GOP Plan, Expert Says

The final version of the Republican tax plan would end some of the tax advantages companies with operations in Puerto Rico have long enjoyed, potentially delivering an economic blow to the territory
Tax Savings for K-12 Tuition Riles Public School Advocates

Tax Savings for K-12 Tuition Riles Public School Advocates

A pair of provisions in the final version of the Republican tax overhaul proposal would be a boon to private schools, but risks reducing local funds for public schools, according education advocates.
Democrats Threaten to Allow Medicare Cuts to Save Obamacare

Democrats Threaten to Allow Medicare Cuts to Save Obamacare

House Democrats are threatening to allow automatic spending cuts triggered by the Republican tax bill to take effect next year unless Speaker Paul Ryan ends an attempt to cripple Obamacare.