Bloomberg Politics: news on page 675

Trump Seeks $12 Billion to Fight Flooding Tied to Climate Change

Trump Seeks $12 Billion to Fight Flooding Tied to Climate Change

Among the policies the White House said it’s considering are "large-scale buyouts in areas of high flood risk."
Mnangagwa Pledges to Lead Zimbabwe Toward a New Democracy

Mnangagwa Pledges to Lead Zimbabwe Toward a New Democracy

Zimbabwe’s incoming president, Emmerson Mnangagwa, told thousands of supporters Wednesday that the southern African nation is witnessing a “new, unfolding democracy” in his first speech since Robert
Kellyanne Conway’s Attack on Alabama Democrat Draws Legal Complaint

Kellyanne Conway’s Attack on Alabama Democrat Draws Legal Complaint

Kellyanne Conway, counselor to President Donald Trump, ran afoul of federal law when she attacked the Democratic candidate in Alabama’s Senate special election during a Fox News appearance Monday
Mnangagwa’s Task: Rebuild Zimbabwe’s Economy From the Ground Up

Mnangagwa’s Task: Rebuild Zimbabwe’s Economy From the Ground Up

When Emmerson Mnangagwa takes over from Robert Mugabe as Zimbabwe’s president on Friday, he’ll inherit an economic wasteland that will take a complete reversal of some of the government’s signature
Farmers Who Would Gain From the Tax Bill Are Wary of Losing Subsidies Later

Farmers Who Would Gain From the Tax Bill Are Wary of Losing Subsidies Later

Farm lobbyists are warily watching the tax-overhaul legislation moving through Congress, which comes with some favorable terms for them now but may have a big catch later: Less money for farm programs
Russians Cold on Prices Despite Cheaper ‘Herring Under Fur Coat’

Russians Cold on Prices Despite Cheaper ‘Herring Under Fur Coat’

Elvira Nabiullina says Russians will get to enjoy some lower prices in time for New Year’s Eve parties, but her countrymen aren’t buying it.
Facebook to Show Users Which Russian Propaganda They Followed

Facebook to Show Users Which Russian Propaganda They Followed

Facebook Inc. will show people which Russian propaganda pages or accounts they’ve followed and liked on the social network, responding to a request from Congress to address manipulation and meddling
Mark Cuban Asks Trump If He Knows About Alibaba's Impact on U.S.

Mark Cuban Asks Trump If He Knows About Alibaba's Impact on U.S.

Billionaire investor and Trump gadfly Mark Cuban tweeted at the president Wednesday asking if knew how big of an impact a single Chinese company has had on the U.S. stock market.
Rand Paul’s Wife Speaks Out About Neighbor’s ‘Blindside Attack’ on Him

Rand Paul’s Wife Speaks Out About Neighbor’s ‘Blindside Attack’ on Him

The wife of Senator Rand Paul says her husband hasn't taken a single breath without pain since what she calls "a deliberate, blindside attack" by a Kentucky neighbor earlier this month.
Key Senator Backs Health Mandate Repeal

Key Senator Backs Health Mandate Repeal

Bloomberg’s Anna Edgerton discusses the outlook for U.S. tax reform. She speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets." (Source: Bloomberg)
U.K. Bows to Worsening Economy, More Borrowing as Brexit Nears

U.K. Bows to Worsening Economy, More Borrowing as Brexit Nears

U.K. Prime Minister Theresa May’s troubled government resigned itself to a deteriorating economic outlook as it committed 3 billion pounds ($4 billion) to prepare for Brexit and tried to make housing
Obamacare Sign-Ups Slow Slightly in Shortened Enrollment Period

Obamacare Sign-Ups Slow Slightly in Shortened Enrollment Period

Enrollment in Obamacare plans for 2018 slowed in the past week, raising the possibility that a shorter sign-up window could curtail the number of people seeking coverage.
Czech Would-Be Prime Minister Clears First Hurdle in Parliament

Czech Would-Be Prime Minister Clears First Hurdle in Parliament

Czech prime minister aspirant Andrej Babis cleared his first hurdle in parliament after winning last month’s elections by securing the assembly’s speaker post for his euroskeptic ANO party with the
Venezuela Tells Diplomats to Tighten Belts as Money Runs Out

Venezuela Tells Diplomats to Tighten Belts as Money Runs Out

All of Venezuela’s diplomatic missions globally are being urged to renegotiate rent agreements with the goal of achieving “substantial savings,” Foreign Minister Jorge Arreaza said in an internal memo
All Eyes on Merkel's Opponents as They Debate Price for a Deal

All Eyes on Merkel's Opponents as They Debate Price for a Deal

German voters handed Angela Merkel a victory in September’s election, but they might be about to get her opponents’ policies.
Canadian CEOs Urge Trudeau to Back TPP

Canadian CEOs Urge Trudeau to Back TPP

Canadian chief executives are calling on Prime Minister Justin Trudeau to nail down and implement an 11-nation Pacific Rim trade deal, as Canada holds out in hopes of changes.
How Hammond's Stamp Duty Cut Was Drawn-Up Behind His Back

How Hammond's Stamp Duty Cut Was Drawn-Up Behind His Back

The policy to cut taxes on home-buying, announced by Philip Hammond on Wednesday, was first drawn up behind his back by advisers to Prime Minister Theresa May.
Britain’s Productivity Pain Costs Hammond $120 Billion

Britain’s Productivity Pain Costs Hammond $120 Billion

The U.K.’s budget watchdog warned the economy faces years of poor productivity as it gave up assuming the post-financial crisis weakness will be temporary.
Putin Sees ‘Real Chance’ to End Syria War at Talks With Iran and Turkey

Putin Sees ‘Real Chance’ to End Syria War at Talks With Iran and Turkey

Russian President Vladimir Putin said there’s a “real chance” to end the 6 1/2 year civil war in Syria as he secured backing from his Turkish and Iranian counterparts for a peace initiative that’s
The Senate Tax Bill’s Chances Just Got Better

The Senate Tax Bill’s Chances Just Got Better

Alaska Senator Lisa Murkowski’s decision to agree to smash Obamacare’s individual mandate may remove one obstacle to passing the Senate Republican tax bill next week.