Bloomberg Politics: news on page 677

Pentagon’s Inspector General Praises Secret $80 Billion Bomber

Pentagon’s Inspector General Praises Secret $80 Billion Bomber

The Air Force’s classified next-generation bomber program began with a solid plan for meeting cost goals and warfighting requirements, which include an option to fly unmanned missions, according to a
Trump Counts on Fed to Help Sustain Economic Bump From Tax Plan

Trump Counts on Fed to Help Sustain Economic Bump From Tax Plan

The Trump administration is banking on the Federal Reserve not to squelch any bump in economic growth from the Republican tax plan.
Republicans’ Sprint to a Tax Overhaul: Public Votes, Private Talks

Republicans’ Sprint to a Tax Overhaul: Public Votes, Private Talks

Two parallel and largely private negotiations will determine the content of the bill that’s due for a full Senate vote as early as Nov. 30.
Zimbabwe’s Mugabe Faces Impeachment After He Balks at Retiring

Zimbabwe’s Mugabe Faces Impeachment After He Balks at Retiring

Zimbabwean lawmakers are set to begin impeachment proceedings against President Robert Mugabe and vote him out of power within two days after he missed a ruling-party deadline to end his 37-year rule.
The Latest on Ousting of Mugabe in Zimbabwe

The Latest on Ousting of Mugabe in Zimbabwe

Harare, Zimbabwe (AP) -- The Latest on Zimbabwe's political turmoil (all times local):
Centrica to Pull Standard Tariffs in Plan to Reform Market

Centrica to Pull Standard Tariffs in Plan to Reform Market

Centrica Plc will scrap its default tariffs for new customers by the end of March as part of a set of proposals for reforming the U.K. energy retail market.
Kenyan Court Backs President's Vote Win, Ending Uncertainty

Kenyan Court Backs President's Vote Win, Ending Uncertainty

Kenya’s top court upheld Uhuru Kenyatta’s presidential-election win, ending three months of electoral uncertainty that have slowed growth in East Africa’s biggest economy. Stocks gained the most in
Nigerian Economic Growth Quickens as Oil Output Increases

Nigerian Economic Growth Quickens as Oil Output Increases

Nigeria’s economic growth accelerated in the third quarter as oil output rose to the highest since the start of last year.
EU Naval Force Intercepts Suspected Pirates Off Somalia’s Coast

EU Naval Force Intercepts Suspected Pirates Off Somalia’s Coast

A European Union naval force captured assailants who fired rocket-propelled grenades at a container ship off Somalia’s coast, highlighting the threat piracy still poses to one of the world’s busiest
This Investor Wouldn't Buy a U.K. Asset Manager at Any Price

This Investor Wouldn't Buy a U.K. Asset Manager at Any Price

Brexit has so damaged the allure of U.K. asset managers as takeover targets that one French investor said he wouldn’t be a buyer at any price.
British Businesses Are Bracing for Budget Disappointment

British Businesses Are Bracing for Budget Disappointment

High hopes and low expectations. The phrase sums up the attitude of companies as they look to Chancellor of the Exchequer Philip Hammond to send a message that Brexit-bound Britain remains open for
Knife-Edge Court Ruling to Determine Kenya's Political Future

Knife-Edge Court Ruling to Determine Kenya's Political Future

Kenya’s top court will rule Monday on whether President Uhuru Kenyatta’s re-election was legitimate, a judgment that may end a three-month standoff that’s slowed growth in East Africa’s largest
Europe Faces a Hamstrung Germany After Merkel’s Coalition Bid Fails

Europe Faces a Hamstrung Germany After Merkel’s Coalition Bid Fails

Her once unquestioned ability to steer Europe is waning as the region’s biggest economy heads into uncharted waters and possibly a protracted political stalemate.
Merkel's Attempt to Form Four-Party Coalition Fails

Merkel's Attempt to Form Four-Party Coalition Fails

Talks in Germany to form a new government coalition led by Chancellor Angela Merkel have collapsed. The pro-business Free Democrats have walked away from the negotiations, leaving Merkel in a rather
China Offers Solution for Rohingya Refugee Crisis in Myanmar

China Offers Solution for Rohingya Refugee Crisis in Myanmar

A top Chinese diplomat proposed a resolution to the Rohingya refugee crisis in Myanmar that has seen more than 600,000 Muslims flee across the border into Bangladesh.
Surprise Blow to Billionaire Sends Chile Vote to Second Round

Surprise Blow to Billionaire Sends Chile Vote to Second Round

Billionaire Sebastian Pinera took a smaller-than-expected lead in the first round of voting in Chile’s presidential election Sunday, throwing his victory in next month’s run-off into doubt. His
German Far-Right AfD Is in Parliament. Now What?

German Far-Right AfD Is in Parliament. Now What?

Alternative for Germany emerged as the third-strongest political force in the country’s national election in September. The anti-immigration, anti-Islam party’s entry into the Bundestag showed that
Opioid-Crisis Cost Revised to $504 Billion in Sixfold Surge

Opioid-Crisis Cost Revised to $504 Billion in Sixfold Surge

The opioid epidemic sweeping the U.S. is far costlier than once thought, with the economic impact of the crisis exceeding half a trillion dollars, according to a new report by White House economists.
Mexico Said to See U.S. Nafta Cars Idea as Completely Unworkable

Mexico Said to See U.S. Nafta Cars Idea as Completely Unworkable

The Mexican government views the U.S. proposal for tightening content rules for car manufacturing under Nafta as not viable and likely to cause serious damage to the North American auto industry, said
Merkel Moves to Salvage Fourth Term as President Weighs In

Merkel Moves to Salvage Fourth Term as President Weighs In

German Chancellor Angela Merkel is determined to extend her rule over Europe’s largest economy with or without a governing majority.