Decision on Greek Aid Payment Seen Next Week, EU Officials Say
©2015 Bloomberg News NWGYXD6JTSER (Bloomberg) — Greece may get approval next week for the next payment under its new, 86 billion-euro ($97.5 billion) bailout program, though the government still has work to do to meet the requirements for the disbursement, according to two euro-area officials. The legislation that Greece passed
Japanese Stocks Advance as Trade Figures Spur Easing Speculation
©2015 Bloomberg News NWJU1U6S972L (Bloomberg) — Japanese stocks rose for a second day as speculation grew that the central bank will boost monetary easing after weaker-than-expected trade data. Exporters such as Toyota Motor Corp., Sony Corp. and Honda Motor Co. gained as the yen weakened for a fifth day. Yaskawa Electric
Bernie Sanders’ Danish Utopia Girds for Deeper Welfare Cuts
©2015 Bloomberg News NWHIFISYF01Z (Bloomberg) — Bernie Sanders’ utopia needs fixing. The Denmark that the Democratic Party candidate wants the U.S. to emulate is taking a long, critical look at its welfare model as it decides which bits to scale back. A government commission now says Denmark needs to cut
Goldman Says Older U.S. Workers Poised for a Comeback
©2015 Bloomberg News NWBXGQ6JTSER (Bloomberg) — Older U.S. workers are defying expectations, and international trends, when it comes to their labor force involvement. Americans are living longer, are less likely to have pension plans, and are in better health further into old age — yet a long-running uptrend in 55-64
Netanyahu Nixes Proposal to Wall Off Jerusalem’s Arab Areas
©2015 Bloomberg News NWH2M46S972O (Bloomberg) — Prime Minister Benjamin Netanyahu has rejected a controversial proposal to set up barriers between some Arab and Jewish neighborhoods in Jerusalem following opposition from some of his ministers. Barriers would be counterproductive and may create a false impression that the neighborhoods may eventually be
The Misperceptions That Fuel Mideast Violence: Noah Feldman
©2015 Bloomberg View NWF8GJ6S9728 (Bloomberg View) — One of the most striking features of the terrible cycle of violence in Israel right now is a recurring disagreement about the facts. From the Israeli perspective, Palestinians are randomly stabbing Israelis, after which Israeli police or bystanders shoot the assailants to prevent
Putin’s Intervention in Syria Demands a U.S. Response: Editorial
©2015 Bloomberg View NWFRS26JTSEC (Bloomberg View) — Say this much for Russian President Vladimir Putin: He knows the U.S. and the world will take him seriously only if they have no choice. This is the logic behind his military intervention in Syria, and it demands a U.S. response. QuickTakeSyria’s Civil
Looks Like Obamacare Delivers. Just Not Much.: Megan McArdle
©2015 Bloomberg View NWBUCN6KLVRK (Bloomberg View) — The administration is expecting barely any increase in enrollment in Obamacare next year. The forecast is for enrollment of only 10 million, just a smidge higher than the 9.9 million currently enrolled. If enrollment growth has truly stalled out, that would be big
In the Heart of the Texas Oil Patch, It’s Gas That’s Taking Off
©2015 Bloomberg News NWA8296KLVRV (Bloomberg) — The oiliest county in Texas has seen its new natural gas production capacity more than double as drillers home in on their most profitable acreage. The peak output rate from new gas wells in Karnes County has surged 134 percent since January, estimates from
Ben Carson: Republican Small Dollar King
©2015 Bloomberg News NWACMK6KLVRN (Bloomberg) — Presidential candidate Ben Carson is the king of Republican small dollars. The rookie politician’s third quarter fundraising report shows he’s raised $19.6 million in contributions of $200 or less this year. That appears to be a record for Republicans running for president. Carson, whose $21 million