Politics

To Save Democracy, This Economist Wants to Kill Its Core Principle

It’s hard sometimes not to despair for the future of ­democracies. Voters can be tribal and poorly informed. Last year the Annenberg Public Policy Center at the University of Pennsylvania surveyed 1,013 U.S. adults and found that only a quarter could name all three branches of government (executive, legislative, and judicial). A third couldn’t name any. Dambisa Moyo has had that same sinking feeling. But unlike you, she wrote a book about it. In Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth—and How to Fix It, she argues that the public is too shortsighted to choose economic policies that will produce long-term prosperity. “Political myopia is the central obstacle on the path of growth in advanced economies,” she writes. Readers are likely to find themselves nodding alo...

West Should Rediscover Its ‘Democratic Mojo,’ David Cameron Says

Western countries need to “mount a fightback” against the rise of populism that’s led to Brexit and the election of Donald Trump, David Cameron said in one of his first media appearances since he quit as British prime minister. “I think we need to rediscover our democratic mojo in the West and be proud of the fact that we are real democracies,” he told reporters Thursday at a briefing in Washington, where he’s launching a report on how countries can improve the way they provide aid to unstable governments like Libya and Afghanistan. “The truth is you only truly defeat corruption if you have a system that has all those elements of real democracy and I think we need to mount a bit of a fightback to emphasize that these things are not democratic nice-to-haves for a strong society, but are act...

Chris Christie’s Official Portrait to Cost $85,000

Trenton, N.J. (AP) — Former New Jersey Gov. Chris Christie’s official portrait will cost $85,000, which is more than taxpayers shelled out for paintings of his three predecessors combined. The Record reports that Australian artist Paul Newton will paint the portrait of the Republican who left office after eight years in January. The cost detail was obtained through an open records request. Democrats Jon Corzine, Richard Codey and Jim McGreevey spent a combined $74,500 for theirs. None served for two terms. The Christie painting will likely be more formal than one of his best known images of him after he was photographed sitting on a beach closed to the public due to a budget stalemate last year. Christie appreciated luxury, watching the Dallas Cowboys from owner Jerry JonesR...

The Commonwealth of Nations: Who’s in the club?

The Commonwealth Heads of Government are meeting in London The Commonwealth of Nations has almost a third of the world’s population. But the numbers have changed over the years. Can you remember which countries have joined and left (and rejoined)? Produced by Suzanne Vanhooymissen and Hannah Gelbart

South Africa rhino poaching: ‘Web of corruption’ blamed

Image copyright Saving The Wild Image caption Pop star and Unicef ambassador Toya Delazy says the poaching of rhinos feels as if “we’re losing our humanity” Entrepreneur Sir Richard Branson and conservationist Jane Goodall have joined a list of famous names who have signed an open letter to South Africa’s government calling for an end to rhino poaching. More than 1,000 rhinos were killed across the country in 2018 for the fifth year running. The international monitoring group Traffic says nearly 5,500 rhinos have been killed over a five-year period. Only 20,000 or so rhinos remain in South Africa – the vast majority of the 25,000 animals left across the whole continent, says Traffic. Most of the 222 rhinos killed for their horn in South Africa’s eastern ...

Curtain Falls Cuba’s Castro Era With Selection of New President

Miguel Diaz-Canel took over as Cuba’s president Thursday, moving quickly to downplay expectations of change in an island ruled by the Castro family for six decades. “The mandate given by the people to this legislature is the continuity of the revolution,”’ Diaz-Canel told the National Assembly. The former vice president said he would lead “with the conviction that all Cubans will be faithful to the legacy of the Commander-in-Chief Fidel Castro.” Looking over his shoulder to make sure he sticks to that mandate is former President Raul Castro, who will remain as head of the Communist Party, the ultimate source of power on the Caribbean Island. That may tie the hands of Diaz-Canel as he tries to deal with the biggest economic crisis on the island since the collapse of the Soviet Union in the ...

Sen. Rounds Says U.S. Needs a Fair Trade Policy and TPP

16:00 Christopher S Murphy “Chris” US Senate, Senator:Connecticut 16:10 Timothy Eugene Scott “Tim” US Senate, Senator:South Carolina 16:25 Siv Jensen Kingdom of Norway, Minister:Finance 16:30 James Jeffrey “Jim” Washington Inst for Near East, Visiting Fellow 16:40 Christopher Sabatini Columbia University, Professor:International Relations 16:50 Heidi Heitkamp US Senate, Senator:North Dakota https://www.bloomberg.com/news/videos/2018-04-19/sen-mike-rounds-says-we-have-to-have-a-fair-trade-policy-video

East African success in Confederation Cup

African Confederation Cup trophy East African clubs Al Hilal of Sudan, Gor Mahia of Kenya, Rwanda’s Rayon Sports and Young Africans (Yanga) of Tanzania all qualified for the group stage of the Confederation Cup. All four teams progressed to Saturday’s 16-team draw despite losing the second legs of their play-offs on Wednesday. No club from east Africa has won a continental club title since 1989 when Al Merreikh of Sudan won the now defunct African Cup Winners Cup. Hilal fell 3-1 to Akwa United of Nigeria in Uyo, but squeezed through on away goals. The aggregate advantage of the Sudanese stretched to three goals when Mohamed Bashir scored after 25 minutes only for Akwa to hit back. Denis Nya equalised on the stroke of half-time and a Michael Ibe brace had the Nigerians 3-1 ahead...

Moment mace is stolen in Nigerian Senate

Intruders have stormed into the Nigerian upper house of parliament and taken the symbolic mace. Senate decisions cannot be approved without the mace – a large ornamental staff that represents the legislature’s authority. The mace has since been found under a flyover in the capital, Abuja, police say.

Commonwealth meeting: Queen hosts summit at Buckingham Palace

Image copyright PA The Queen has welcomed leaders to “my own home”, Buckingham Palace, as she hosts the Commonwealth Heads of Government Meeting (CHOGM). She told the gathering of dignitaries, royals and the PM that the Commonwealth was “growing stronger year by year”. Issues under discussion at the two-day summit include ocean conservation, cyber security, trade and the Queen’s successor as head of the Commonwealth. Theresa May said the issue of plastic waste would be central to the agenda. Welcoming the leaders in the palace ballroom, the Queen said it was a “pleasure, this time, to welcome you to my home” for the bi-annual meeting in London. She said the Commonwealth was “one of the world’s great convening powers” as she spoke ...

Macron Carries Torch for Europe to White House

Want to receive this post in your inbox every morning? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. Europe has little desire to be led by Emmanuel Macron. The French president emerged as the figurehead for a European Union renaissance last year after beating Marine Le Pen’s nationalism at the ballot box. But the gratitude from the rest of the EU proved short-lived. The Dutch are leading a group of nations opposed to Macron’s plans to make Europe great again, the Italians gave the upper hand to euroskeptics in last month’s election, and German Chancellor Angela Merkel is stalling on a roadmap to further integration. With critics multiplying across the board, Macron has found a surprising ally in Donald Trump, as Helene Fouquet ...

China’s Economic Numbers Have a Credibility Problem

China’s gross domestic product grew 6.8 percent in the first quarter, smack on its pace in the preceding quarter, which was unchanged from the quarter before that. It’s a well-established pattern: Since 2015, China’s quarterly growth figures haven’t varied by more than 0.1 percentage point on a year-on-year basis. That contrasts with the U.S., where swings of a full percentage point from quarter to quarter aren’t uncommon. Getting an accurate read on the world’s second-largest economy has never been more important. China supplied around one-third of global growth in 2017, up from 18 percent in 2007, according to Bloomberg calculations. That means an economist working at the Reserve Bank of Australia in Sydney and a number cruncher in the sales department at Vale SA, the giant iron ore expo...