One Nation, Increasingly Fueled by Natural Gas: Justin Fox
published Jul 28th 2016, 1:38 pm, by Justin Fox (Bloomberg View) — With each monthly data release from the Energy Information Administration (there was one on Tuesday) it gets a little clearer. Natural gas has overtaken coal as the main source of electrical power in the U.S.: Gas’s lead over
Vladimir Putin Is the Russian Economy’s Worst Enemy: Editorial
published Jul 27th 2016, 1:00 am, by The Editors (Bloomberg View) — Russian President Vladimir Putin urgently needs to revive his country’s economy. His greatest obstacle will be himself. While Americans argue about the extent of Russia’s intervention in the U.S. presidential election, Putin is battling a recession at home.
FBI Chief Warns ‘Terrorist Diaspora’ Will Come to the West
published Jul 27th 2016, 10:35 am, by Chris Strohm (Bloomberg) — Hundreds of terrorists will fan out to infiltrate western Europe and the U.S. to carry out attacks on a wider scale as Islamic State is defeated in Syria, FBI Director James Comey warned. “At some point there’s going to
Coal’s Lead in Commodity Rally Seen Overdone as Demand Recedes
published Jul 27th 2016, 6:01 pm, by Ladka Bauerova and Mathew Carr (Bloomberg) — Investors in European coal, the year’s best-performing commodity, should strap in for a bumpy ride as demand for the fuel wanes. Coal for delivery in Europe in 2017 will fall about 11 percent by December, taking
Here’s a Chinese Market Collapse That Helps Investors: Gadfly
published Jul 27th 2016, 10:46 pm, by Christopher Langner (Bloomberg Gadfly) — China’s government has once again managed to engineer a mini-stock market collapse. This time, though, it’s probably a good thing. Qingdao Huaren Pharmaceutical’s P/E 4,460 times The ChiNext composite index dropped 5.6 percent Wednesday after a report in
Israel’s Religious Culture War Is Getting Ugly: Daniel Gordis
published Jul 25th 2016, 11:01 pm, by Daniel Gordis (Bloomberg View) — Measured against a tempestuous U.S. election season and a failed Turkish coup, Israel (for a change) seems quiet and stable. Bolstered by coalition agreements with the religious right, Prime Minister Benjamin Netanyahu seems politically secure. For now, at
Trump and Clinton’s Convention Showdown Hinges on 11 Little Words
published Jul 26th 2016, 4:07 pm, by Adam Tiouririne and Andre Tartar (Bloomberg) — “I alone can fix it,” Donald Trump declared on the final night of the Republican National Convention in last Thursday. Hillary Clinton’s challenge—and opportunity—this Thursday is to deliver a more “we”-focused convention speech than her Republican
End of an Era as China’s Love Affair With U.S. Real Estate Fades
published Jul 26th 2016, 5:00 pm, by Lillian Chen and Jacob Gu (Bloomberg) — For David Wong, the business of selling homes isn’t as good this year as it was in 2015, and he’s blaming that on a decline in customers from China. “The residential-property market here, especially for those
The Republican Convention Translated for Liberals: Cass Sunstein
published Jul 22nd 2016, 3:01 pm, by Cass R Sunstein (Bloomberg View) — Many Democrats do not merely disagree with the Republican Party platform and with the speakers at this week’s convention. They may even struggle to understand what they are reading and hearing. That’s a problem for Republican politicians,
Google-Backed Chinese Smartwatch to Go Head to Head With Apple’s
published Jul 25th 2016, 7:00 pm, by Bloomberg News (Bloomberg) — Mobvoi Inc., the Chinese AI startup backed by Google, intends to go toe-to-toe with Apple Inc. when it begins selling its smartwatches in the U.S. in September. The four-year-old startup founded by a coterie of former Googlers is hoping