Arseniy Yatsenyuk looked at home with Angela Merkel yesterday as she chaperoned him around an emergency European Union summit. Yet the new Ukraine premier’s chances of getting a permanent seat in the Brussels club are becoming more remote as Russia tightens its grip on his country.
China’s yuan is set to pull out of its steepest slide since 2011 in offshore trading as the nation’s $3.8 trillion of foreign reserves coupled with inflows from trade and investment deter bets on further losses.
Health insurers participating in the Medicare Advantage program for elderly Americans, including Humana Inc. and UnitedHealth Group Inc., face a base payment cut of about 3.55 percent next year, the U.S. government said.
Singapore said it will spend S$9 billion ($7 billion) on health care and other benefits for the elderly, while providing companies with more funds to increase efficiency as the economy adjusts to a tighter labor supply.