West Berlin on the Baltic: Putin Buildup Fuels Invasion Fears
published Jul 6th 2016, 6:01 pm, by Henry Meyer (Bloomberg) — Vadim Kuznetsov says his excursion-boat business along Russia’s border with Poland has been torpedoed by a new Cold War. “They’re scared,” Kuznetsov said of the Poles, once his main customers, who no longer venture across the border for fishing
From Paris With Love: France Woos U.K. Business Post Brexit
published Jul 6th 2016, 3:33 am, by Mark Deen (Bloomberg) — Four thousand British executives have received a love letter from Paris. The letter, written by the head of the Paris regional government to officials of companies of all sizes a day after the U.K. voted to leave the European
Pistorius Sentenced to Six Years in Jail for Girlfriend’s Murder
published Jul 6th 2016, 3:44 am, by Paul Burkhardt (Bloomberg) — Oscar Pistorius was sentenced to six years in jail for murdering his model girlfriend Reeva Steenkamp on Valentine’s Day three years ago. Judge Thokozile Masipa handed down the sentence, which was less than half of the recommended jail term
Video Games May Become China’s Best Cultural Export: Adam Minter
published Jul 5th 2016, 8:12 pm, by Adam Minter (Bloomberg View) — When Chinese internet giant Tencent acquired the Finnish video game developer Supercell last month for $8.6 billion, it became the world’s dominant publisher and distributor in the $100 billion gaming market. It was a blockbuster deal: No other
Netanyahu Roams East Africa to Find Deals, Mark Entebbe Raid
published Jul 4th 2016, 6:43 pm, by Jonathan Ferziger (Bloomberg) — Prime Minister Benjamin Netanyahu opened a four-country Africa trip with a stop in Uganda, where a daring Israeli rescue mission led by his brother 40 years ago played a pivotal role in launching his political career. Netanyahu is trying
Libya Oil Comeback Unlikely as Political Stalemate Endures
published Jul 4th 2016, 9:26 pm, by Ghaith Shennib and Caroline Alexander (Bloomberg) — The end of a split in Libya’s National Oil Corp. marks a small step toward healing the divided country, but the political stalemate that shut down of most of its crude production is as entrenched as
Silver Slumps After Biggest Two-Day Gain Since ’11; Gold Drops
published Jul 4th 2016, 9:59 pm, by Ranjeetha Pakiam (Bloomberg) — Silver tumbled after posting its biggest two-day advance in five years, with precious metals declining as the dollar snapped five days of losses. Silver for immediate delivery lost as much as 3.9 percent to $19.5325 an ounce and traded
Credit-Card Companies Know How Little You Know: Noah Smith
published Jun 30th 2016, 11:01 am, by Noah Smith (Bloomberg View) — When I was 22, I wondered how credit-card companies made money. I had two cards at the time. They were free to use. Every month I would buy things with the cards, and — because I used auto-pay
Saudis Framed for Sept. 11 But Guilty of Fueling Hate: Eli Lake
published Jun 30th 2016, 2:24 pm, by Eli Lake (Bloomberg View) — It’s not a great moment to be a Saudi diplomat in Washington these days. The Republican presidential candidate thinks your country should pay for U.S. military protection. The Democratic president is seeking warmer ties with your arch-enemy, Iran.
Emerging Markets Rally From Brexit as Central Banks Stand Ready
published Jun 30th 2016, 10:16 pm, by Choong En Han and Elffie Chew (Bloomberg) — Emerging-market stocks headed for the biggest weekly gain in four months and currencies rallied with oil as sentiment improved on signs central banks stand ready to inject liquidity after the U.K.’s shock decision to leave