published Oct 4, 2017, 5:47:45 PM, by Ezra Fieser (Bloomberg) —Puerto Rico faces a government shutdown on Oct. 31, including halting its hurricane recovery, if Congress doesn’t provide billions in emergency funds, said Treasury Secretary Raul Maldonado. The U.S. commonwealth’s bankrupt government is burning through the $1.6 billion it had

published Nov 26, 2017, 4:00:10 PM, by Michael Pettis (Bloomberg View) — China needs reform. This has long been the consensus advice from economists and multilateral institutions such as the World Bank, whose recent “China 2030” report argues that Chinese leaders should strengthen the role of markets and liberalize legal,