Updated Nov. 30, 2023 9:14 am ET Governments have reached an agreement on the architecture of a United Nations fund to pay for climate-related damage in poor countries, ending a year of contentious talks over where the fund will be located, which countries should benefit and who should finance it. Negotiators from more than 190 … Read more
Updated Nov. 28, 2023 6:05 pm ET WASHINGTON—Senate Republicans and Democrats are headed for a showdown over the government’s power to admit immigrants into the U.S. on humanitarian grounds, one element of tougher border restrictions GOP lawmakers are demanding to win their support for President Biden’s aid package for Ukraine, Israel and Taiwan. While bipartisan … Read more
Updated Nov. 23, 2023 10:31 am ET The electoral win by Geert Wilders, the Dutch far-right leader who has championed draconian policies against immigration and Islam, reflects how intractable the issue of migration remains in Europe—and in much of the West. Nearly a decade ago, an influx of Middle Eastern and African arrivals drove a … Read more
Nov. 18, 2023 11:00 am ET NEW YORK—With the skyscrapers of Wall Street behind him, Eric Adams watched earlier this week as an electric passenger aircraft circled Manhattan’s downtown heliport. He shared his dream that the city would be a hub of the new technology and waxed about the prospect of futuristic new jobs. Then … Read more
Jon Gray, the president of Blackstone Group, the world’s biggest alternative asset investment firm with $1tn under management, is watching for signs of an economic slowdown in the coming months. “So I think the Fed is going to slow the economy. And that’s really their objective, right?” Gray said in an interview with Private Equity News’ sister … Read more
Updated Nov. 1, 2023 5:41 pm ET WASHINGTON—House lawmakers are set to vote as soon as Wednesday night on whether to expel Rep. George Santos (R., N.Y.), who made a series of bold fabrications in running for office and faces federal fraud charges related to his 2022 campaign. Two-thirds of House lawmakers would need to … Read more
This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook … Read more
Frankfurt was ready to celebrate. Only a year after the 2016 Brexit referendum, the vast majority of US banks had set up their EU hubs in the German city. International school places were being block-booked ahead of relocations from the UK and property prices were rocketing. But the French government had other ideas. Emmanuel Macron, victorious … Read more
Poland’s Election Had a Surprise Winner: the EU – Barrons Barron’s Poland Begins to Look Beyond the Vote, to Unwinding an ‘Illiberal Democracy’ The New York Times Polish exit polls signal conservative party’s ouster after 8 years in power Fox News Poland election: the opposition has claimed victory – what happens next? The Guardian Poland Parliamentary Elections: PiS Populist … Read more
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