Global Correction Seen as U.S. Stocks Succumb to Broad Selloff
©2015 Bloomberg News NTES5Y6K50XU (Bloomberg) — Currency and equity markets from Hong Kong to Johannesburg and Istanbul were already faltering. Then U.S. stocks joined in. The stresses that have been building in global markets roared ashore in America Thursday as the Standard & Poor’s 500 Index tumbled the most in
Huckabee Hunts for Funds, Support in Israeli West Bank Settlement
©2015 Bloomberg News NTCAKS6JTSEB (Bloomberg Politics) — Republican presidential candidate Mike Huckabee is seeking funds and support in a community the U.S. and virtually every other country in the world condemns as an impediment to peace. The former Arkansas governor and Fox News commentator held a fundraising event Tuesday in the Israeli
China Wants Great Power, Not Great Responsibility: William Pesek
©2015 Bloomberg View NTCNS86KLVRF (Bloomberg View) — Forty-three years after Richard Nixon made his famous visit to China, that country has seemingly decided to take a page from the former U.S. president’s Treasury Department. As China lowers the value of the yuan, the country’s economic policy makers are mimicking the
*Four Rapes an Hour in India Stoke Personal Protection App Sales
©2015 Bloomberg News NTBR9T6K50XU (For India companies column alerts: SALT INCOL ) (Bloomberg) — Sasha Singh was driving home alone from a wedding on the outskirts of New Delhi late one night in November when a tire blew. Three young men offered to help, but Singh found them unsettling. When
Underestimating Ted Cruz? That’s a Mistake: Albert R. Hunt
©2015 Bloomberg View NTAP7L6S972M (Bloomberg View) — Ted Cruz is a man with a plan. The Republican presidential candidate, bete noire of his party’s establishment, has carefully calculated a path to becoming the right-wing standard-bearer. That makes him the most underestimated candidate in the field. Cruz is rising in some
Republicans Sketch Obamacare Alternative, Finally: Megan McArdle
©2015 Bloomberg View NTAPZA6JTSEB (Bloomberg View) — Republicans have been saying “repeal and replace Obamacare” for so long that it has started to sound like one of those ceremonial phrases that drop out automatically at opportune moments, like “hellohowareyou” or “thankyouhaveaniceday.” The party has conspicuously failed to actually coalesce around a plausible
Clinton’s Lesson in Politics for Activists: Jonathan Bernstein
©2015 Bloomberg View NTAN0H6JTSEB (Bloomberg View) — When Black Lives Matter activists confronted Hillary Clinton last week, she argued: Look, I don’t believe you change hearts. I believe you change laws, you change allocation of resources, you change the way systems operate. You’re not gonna change every heart. You’re not.
Donald Trump Is Republican Policy Nightmare: Francis Wilkinson
©2015 Bloomberg View NT8W7I6KLVRA (Bloomberg View) — Donald Trump has an immigration policy. It’s based on dubious assertions and would be fabulously expensive, but as a statement of goals it’s largely coherent. And it may mark a very, very dangerous turning point in the Republican presidential primary. There are two main facets
Commodities Slump Bolsters Treasuries as Emerging Markets Roiled
©2015 Bloomberg News NT8XNB6JTSEF (Bloomberg) — A renewed slump in commodities damped inflation expectations and boosted demand for Treasuries, while China’s shock devaluation of its currency continued to unsettle emerging markets. The Bloomberg Commodity Index sank to a 13-year low as declines in assets from copper to oil boosted the
Reality Check: 4 Reasons Trump’s Immigration Plans Are Impractical
©2015 Bloomberg News NT8XQ86JTSE9 (Bloomberg Politics) — Donald Trump’s sprawling new immigration proposal calls for deporting the estimated 11 million people in the U.S. illegally and closes many doors to legal immigration. The plan, released Sunday, was quickly embraced by immigration-wary Republicans—Ann Coulter called it the “greatest political document since