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The Good and Bad of East Africa’s Delayed Rains in Charts
Heavy rains pounding East Africa have been deadly and destructive, while creating hope that the delayed storms will rescue the region from a withering drought.
Ukraine Unlocks $5.5 Billion IMF Loan in Preliminary Accord
Ukraine sealed a preliminary $5.5 billion loan program with the International Monetary Fund, giving President Volodymyr Zelenskiy a boost before peace talks with Russia.
India’s GDP growth slumps to a shocking 4.5% in September quarter
Growth is below 5% for first time in around seven years.
Unrest Risks a Domino Effect in Latin America
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Buy London Property, Hong Kong Rebound Uncertain: Christie’s
London and Hong Kong, two premier financial hubs, have been stifled by ongoing political tension. But for real estate, the cities face different futures, according to the property arm of the world’s
Romanians Set to Re-Elect President as He Promises to End Chaos
Romanians are set to re-elect President Klaus Iohannis, who’s promising to bring normality after years of political chaos.
Poland Picks Ex-Banker as Fifth Finance Minister Since July
A Polish national flag flies above the presidential palace beyond a statue of King Stanislaw Poniatowski in Warsaw, Poland, on Monday, June 16, 2014. Poland may be forced to hold an early ballot as a
Ramaphosa’s Challenge May Be Bigger Than That Faced by Mandela
When Nelson Mandela came to power in 1994, he faced the challenge of uniting a nation divided by apartheid and healing an economy shattered by sanctions and mismanagement.
Predictive Models on the 2020 U.S. Presidential Election
Bloomberg's Jodi Schneider discusses predictive models that focus only on the economy (and not on scandals) that project that Trump would win the 2020 presidential election if the economy remained in
World Bank Urges Kenya to Go Easy on e-Commerce in Revenue Drive
The World Bank cautioned Kenya against imposing taxes that will curb growth of technology enterprises in its drive to ramp up revenue and narrow its budget gap.
Egypt’s Sisi Hints at Sale of Stakes of Military-Run Companies
Egyptian President Abdel-Fattah El-Sisi said Thursday that offerings of state companies on the stock market could include those run by the military as he vowed to press ahead with a stream of new
China Warns Risks Are Increasing After Biggest Party Meeting
China’s ruling Communist Party warned that internal and external risks were increasing after wrapping up its most important meeting of the year.
How Governments Use Immigration to Boost Their Economies
People from abroad bring brains and energy, but there’s always the risk of a backlash.
Charts That Show Budget Challenges for South Africa’s Mboweni
South African Finance Minister Tito Mboweni has to tick many boxes in his medium-term budget: credible fiscal and debt numbers, plans to boost economic growth and policy steps that increase investor
Modi Pushes India Even Further to the Right as Economy Sputters
Prime Minister Narendra Modi spent much of his first term laying the groundwork to transform India into a nation that is both attractive to global investors and unabashedly Hindu. Now he’s doubling
Brussels Edition: Populism Redux
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
Jokowi’s Mega Indonesia Coalition Imperils Tough Reform Pledge
Indonesian President Joko Widodo has signaled he will form a unity government that could even include bitter election rivals, a move that may clear the path for tougher reforms he’s pledged to unveil.
Bolivia Heads to Polls in Test of Evo Morales’ Popularity
Bolivians headed to the polls on Sunday as President Evo Morales seeks to avoid a run-off election in his bid for a fourth term.
Goodbye Draghi as Lagarde Era Nears for ECB: Global Economy Week
It’s time to say goodbye to European Central Bank President Mario Draghi, as he oversees his final monetary policy meeting this week before his term ends on Oct. 31.
PBOC Governor Yi Says Yuan Level ‘Appropriate’ After Weakening
People’s Bank of China Governor Yi Gang said the yuan is at an “appropriate level” and cross-border capital flows have stayed balanced since the currency weakened past 7 per dollar in early August.