A plot to kill the president,links to foreign intelligence, a rogue police officer and a missing sniper: the snippets of news emerging from Sri Lanka in recent weeks seem plucked from the pages of paperback fiction. But the allegations have had real enough consequences for the island nation.
Commentary:Nancy Pelosi's deal to limit herself to four years as speaker has all but assured her that she'll win back the gavel in the House of Representatives. But the dispute among Democrats about whether to elect her misses the point. "The days when a congressional leader had to work with a president of either party to pass legislation, reach compromise and find some kind of bipartisan balance, or when major legislation often received support and faced opposition from members of both parties, are gone," writes Columbia University political scientist Lincoln Mitchell. In a Trump presidency, the skills that Pelosi has sharpened during her three decades in Congress are no longer as pertinent "because this Congress is not going to pass any significant laws."
Jet Airways’ founder Naresh Goyal, who started out as an assistant in a travel agency, wove together charm, persistence and consummate dealmaking to build India’s biggest full-service carrier. Now, his penchant for control has emerged as a major obstacle as the indebted airline tries to negotiate a rescue deal, several people who have worked closely with him or known him over the years told Reuters on condition of anonymity.
Nissan Motor Co’s board is unlikely to select a chairman to succeed Carlos Ghosn as had been expected on Dec. 17 after a panel tasked to choose a candidate did not agree on a nominee in a meeting held Thursday, a source said.
The risk of a U.S. recession in the next two years has risen to 40 percent, according to a Reuters poll of economists who also found a significant shift in expectations toward fewer Federal Reserve interest rate rises next year.