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Kenya Growth Outlook Cut by World Bank Over Credit, Spending

Kenya Growth Outlook Cut by World Bank Over Credit, Spending

The World Bank lowered its economic growth forecasts for Kenya as delays in spending cuts, weak credit extension and political uncertainty curb expansion prospects.
How Najib Plans to Lift Malaysia Election Chances

How Najib Plans to Lift Malaysia Election Chances

With Malaysia gearing up for a general election in 2018, Prime Minister Najib Razak is preparing the ground. It’s been an uncomfortable few years, with headlines swirling about a scandal over the
Fannie and Freddie Overhaul Plan Takes Shape on Capitol Hill

Fannie and Freddie Overhaul Plan Takes Shape on Capitol Hill

Congress still has a long way to go before resolving the most significant overhang that remains from the 2008 financial crisis. But a consensus is emerging around principles for overhauling Fannie
U.S. Allies Demand Meeting on Jerusalem

U.S. Allies Demand Meeting on Jerusalem

Eight Security Council nations demanded an emergency meeting to discuss President Trump's decision to recognize Jerusalem as the capital of Israel. The Muslim world is united in condemning the move
Jerusalem Move Makes Trump's Peace Deal More Elusive Than Ever

Jerusalem Move Makes Trump's Peace Deal More Elusive Than Ever

President Donald Trump called his decision Wednesday to break with decades of precedent and declare Jerusalem the capital of Israel a move made “in the best interest of peace between Israel and
Trump Urges Republicans to Resolve Feud Over Ethanol Mandate

Trump Urges Republicans to Resolve Feud Over Ethanol Mandate

President Donald Trump urged Republicans to settle their differences over the U.S. biofuel mandate at a White House meeting Thursday with Ted Cruz and other senators critical of the requirement for
It's Only Been Two Months, But Angola Leader's a Bond-Market Hit

It's Only Been Two Months, But Angola Leader's a Bond-Market Hit

He’s lead Angola for only a couple of months, but bond investors already like what they’ve seen from Joao Lourenco.
Rep. Jordan Says Right Tax Policy Could Get 4% Growth

Rep. Jordan Says Right Tax Policy Could Get 4% Growth

Republican Congressman Jim Jordan of Ohio, a member of the House Freedom Caucus, discusses the tax bill, spending and a potential government shutdown. He speaks on "What'd You Miss?" (Source:
Blackwater Founder Denies Trump Connection to Seychelles Meeting

Blackwater Founder Denies Trump Connection to Seychelles Meeting

Blackwater Security founder Erik Prince told U.S. House lawmakers conducting the Russia probe that he discussed U.S. trade policy with Kirill Dmitriev, the head of the Russian investment fund in
Japan Could Still Join China Infrastructure Bank, Abe Ally Says

Japan Could Still Join China Infrastructure Bank, Abe Ally Says

Toshihiro Nikai Photographer: Kiyoshi Ota/Bloomberg
China’s Billions Cannot Guarantee it a Free Ride in Pakistan

China’s Billions Cannot Guarantee it a Free Ride in Pakistan

The nation’s oldest tile maker struggles to join one of the world’s biggest construction booms.
Power Brokers Start to Gear Up for Nigeria's 2019 Elections

Power Brokers Start to Gear Up for Nigeria's 2019 Elections

As Nigeria begins to gear up for general elections in February 2019, five senior politicians appear to be key players in Africa’s top oil producer.
Investors Are Looking at Zimbabwe’s Budget to Understand the Post-Mugabe World

Investors Are Looking at Zimbabwe’s Budget to Understand the Post-Mugabe World

When Patrick Chinamasa marks the start of his second stint as Zimbabwe’s finance minister by presenting the budget on Thursday, investors will be looking for policy changes in addition to fiscal plans
Trump Meets Democrats With Congress Set to Avoid Shutdown

Trump Meets Democrats With Congress Set to Avoid Shutdown

President Donald Trump met with congressional leaders from both parties Thursday to negotiate on a long-term budget deal as Congress prepares to pass a stopgap spending measure to avoid a U.S.
For New York Commuter Hubs, Tax Plan Threatens Trickle-Down Pain

For New York Commuter Hubs, Tax Plan Threatens Trickle-Down Pain

In New York City’s pricey suburbs, it’s not just residents that will be squeezed by higher tax bills because of the Republican overhaul racing through Congress. Their towns may feel it, too.
Ten Lessons From Three Frantic Days of Brexit Reversals

Ten Lessons From Three Frantic Days of Brexit Reversals

Even by the manic standards of modern politics, it’s been a busy week for Brexit talks and Prime Minister Theresa May: a deal that seemed close on Monday, appeared far off by Thursday. If you’re
Trump Issues Rare Rebuke to Saudis, Urging End to Yemen Blockade

Trump Issues Rare Rebuke to Saudis, Urging End to Yemen Blockade

President Donald Trump called on Saudi Arabia to immediately end a blockade of Yemen that is preventing people in the war-torn country from receiving essential supplies, a rare criticism of a key U.S.
Citigroup CFO Sees $20 Billion Hit If Senate Tax Bill Signed

Citigroup CFO Sees $20 Billion Hit If Senate Tax Bill Signed

Citigroup Inc. expects to take a noncash charge to earnings of about $20 billion if the U.S. Senate’s version of the tax reform bill is enacted, Chief Financial Officer John Gerspach said.
U.K. Business Leader Says Brexit Chaos Is Looming Over Everything

U.K. Business Leader Says Brexit Chaos Is Looming Over Everything

With Prime Minister Theresa May’s Brexit plans up in the air, the world of business looks on disconcerted -- banks especially are close to their point-of-no-return.