Japan’s government will move today to pass a bill granting it sweeping powers to declare state secrets, a measure pushed by Prime Minister Shinzo Abe to boost ties with the U.S. even as it sapped his public support at home.
Canadian Prime Minister Stephen Harper said developing the world’s third-largest pool of oil reserves is as difficult as building China’s Great Wall. Chinese companies may find themselves outside looking in.
German Finance Minister Wolfgang Schaeuble pushed back against Deutsche Bank AG co-Chief Executive Officer Juergen Fitschen after he said the minister’s call to keep up vigilance of banks was “irresponsible.”
The Czech Republic’s ambition to secure future energy independence with a $15 billion nuclear expansion will be thwarted unless the state guarantees a price for the power, the country’s largest electricity producer said.
Japanese lawmakers from the ruling Liberal Democratic Party submitted a bill to legalize casinos to parliament, bringing the nation closer to opening up what is estimated to be the world’s second-largest gaming market.
President Barack Obama, setting a theme that he’ll pursue in the final years of his presidency, said growing income disparity in the U.S. is the “defining challenge or our time” and Washington must confront it.
Germany’s states sought to ban the far-right National Democratic Party, petitioning the country’s highest court to rule its aims and activities unconstitutional a decade after an earlier attempt to outlaw the group failed.