Bloomberg Politics: news on page 627

Puerto Rico Still Waits for $4.9 Billion From U.S. Treasury

Puerto Rico Still Waits for $4.9 Billion From U.S. Treasury

Over two months after Hurricane Maria devastated Puerto Rico, the island’s government still hasn’t received any of the $4.9 billion of short-term loans promised in the storm aid package Congress
Cohn Downplays Bitcoin Risks

Cohn Downplays Bitcoin Risks

White House economic adviser Gary Cohn said he and other administration officials are monitoring the meteoric rise in cryptocurrency bitcoin, while adding that he didn’t see any serious threat in the
EU Scolds Latin America for Stalling on Trade Deal

EU Scolds Latin America for Stalling on Trade Deal

The European Union’s farm chief pressed Latin American countries to offer market access for EU wines, spirits, olive oil and dairy goods to help seal a free-trade agreement that has been in the works
Fitch Says South Africa Confidence Rebound Less Likely With Dlamini-Zuma

Fitch Says South Africa Confidence Rebound Less Likely With Dlamini-Zuma

South Africa’s weak business confidence is less likely to rebound if former African Union Commission chairwoman and President Jacob Zuma’s ex-wife, Nkosazana Dlamini-Zuma, is elected as leader of the
Trump Backs Keeping State Income Tax Break With Cap, Cohn Says

Trump Backs Keeping State Income Tax Break With Cap, Cohn Says

The White House supports tweaking final tax legislation to appease lawmakers who want to let constituents deduct state income taxes, according to National Economic Council Director Gary Cohn.
Congress Buys a Little More Time for Childrens’ Health Insurance Program

Congress Buys a Little More Time for Childrens’ Health Insurance Program

The rule change allows the Centers for Medicare and Medicaid Services to dole out reserve CHIP funds to states most in need of it.
14 UN Peacekeepers Killed, 53 Hurt in Congo Attack

14 UN Peacekeepers Killed, 53 Hurt in Congo Attack

Rebels attacked a United Nations peacekeeping base in eastern Congo, killing at least 14 peacekeepers and wounding 53 others in the worst single attack against a U.N. mission in recent history,
Gun Buying Loses the Fear Factor Under Trump, Sparking Price War

Gun Buying Loses the Fear Factor Under Trump, Sparking Price War

A bad dream for U.S. firearms producers has become reality: The fear-based motivation for gun purchases has evaporated and is being replaced by bargain hunting.
Farage: Brexit Deal 'More Like a Surrender'

Farage: Brexit Deal 'More Like a Surrender'

The U.K. and the European Union struck a historic Brexit deal which unlocks divorce negotiations and trade talks next year. Bloomberg's Francine Lacqua spoke to former U.K. Independence Party Leader
Schulz Signals No Blank Check for France on European Policy

Schulz Signals No Blank Check for France on European Policy

Germany’s Social Democratic leader Martin Schulz signaled he wouldn’t give France a blank check on European policy if he takes the party into a government with Chancellor Angela Merkel.
Brexit Breakthrough Risks Leaving Brits in Europe ‘Landlocked’

Brexit Breakthrough Risks Leaving Brits in Europe ‘Landlocked’

The 1.5 million Brits living in Europe face being “landlocked” after Brexit because Friday’s deal doesn’t clarify whether they can move freely between European Union countries after the U.K.’s
Hungarian Ruling Party Lawmaker Mocks Soros With Image of Dead Pig

Hungarian Ruling Party Lawmaker Mocks Soros With Image of Dead Pig

A lawmaker from Hungarian Prime Minister Viktor Orban’s ruling party posted a photo of a dead pig on Facebook with a partially veiled reference to billionaire George Soros, who said the government was
Poland’s Incoming Prime Minister: ‘My Dream Is to Re-Christianize the EU’

Poland’s Incoming Prime Minister: ‘My Dream Is to Re-Christianize the EU’

Poland’s incoming prime minister threw down the gauntlet with the European Union, offering to "help the West with proper values" after his allies advanced a judicial overhaul that the bloc has
Congress Averts Shutdown, Stays Focused on Taxes

Congress Averts Shutdown, Stays Focused on Taxes

The U.S. Congress agreed to a two-week extension of federal funding, pushing the deadline to Dec. 22, while maintain a focus on passage of a tax plan. Bloomberg's Kevin Cirilli reports on "Bloomberg
Muslim World Rallies in Protest Against Trump’s Jerusalem Move

Muslim World Rallies in Protest Against Trump’s Jerusalem Move

Israeli fighter jets struck Hamas targets in the Gaza Strip, killing at least two people, in response to rockets fired by Palestinian protesters into Israel.
Brexit Deal in Brussels: What the Fine Print Says and What It Means

Brexit Deal in Brussels: What the Fine Print Says and What It Means

Theresa May got her Brexit breakthrough, ending six months of negotiations with the European Union. But celebration could be short-lived.
Lebanon Conference Calls for More Meetings to Aid Country

Lebanon Conference Calls for More Meetings to Aid Country

A conference held in Paris to help Lebanon ended Friday with pledges to hold three more conferences in European cities next year to support the country’s efforts to avoid being engulfed by the Middle
Trump Bailout of Coal Plant in Gas Country Has Locals Shrugging

Trump Bailout of Coal Plant in Gas Country Has Locals Shrugging

Backers of the government’s proposed bailout say it would add “resilience” to America’s electric grid by rewarding coal and nuclear plants for storing fuel on site.
Never Heard of Hoed & Shouders? It’s a Top Seller in Venezuela

Never Heard of Hoed & Shouders? It’s a Top Seller in Venezuela

Products such as Convenrt toothpaste and Yahnsan’s soap illustrate a knockoff brand bonanza in a country with massive product shortages.
Patagonia and the Big Business of Fighting Trump

Patagonia and the Big Business of Fighting Trump

The clothing company sees its lawsuit over national monuments as part of the mission, and good for sales.