Germany's former "pro-Russian" foreign minister Frank-Walter Steinmeier was elected as the country's next president on Sunday. Steinmeier, a Social Democrat who had served as foreign minister until last month, won 931 of the 1,239 valid votes by lawmakers of Germany's 16 federal states.
In a setback for government efforts to abolish low tax rates for thousands of multinational firms while encouraging them to stay, the Swiss voted overwhelmingly against an overhaul the country's corporate tax system. Swiss broadcaster SRF said voters rejected the tax plans by about 60% to 40%.
The latest retailer to join the "anti-Trump resistance" is near bankruptcy Sears and wholly-owned subsidiary Kmart, which on Saturday announced it was discontinuing online sales of 31 Trump Home items as part of a push to focus online sales on the most profitable items.
As Trump and Abe head for the 19th hole, South Korean and US officials confirm that North Korea test-fired a ballistic missile into the sea. This is the first test-fire of President Trump's reign and Reuters reports that South Korean officials claims "it is part of a show of force in response to the new U.S. administration's hardline position against the North."
In response to the launch of deportations of illegal aliens following Trump's executive order, influential Mexicans are pushing an aggressive - and risky - strategy to fight the increase in deportations of their undocumented peers in the U.S.: "jam U.S. immigration courts in hopes of causing the already overburdened system to break down", as the Mexican government warns citizens to "take precautions."
In an ironic twist, on the day that President Trump announces that former Goldman COO Gary Cohn will be in charge of the "phenomenal" plan that will "massively cut taxes," Senator Elizabeth Warren has written to Goldman's Lloyd Blankfein seeking details on the extent to which the bank's employees (or former employees) are running the world.
Vladimir Putin thanked Slovenia - the country where Melania Trump was born and raised - on Friday for offering to host his first meeting with President Donald Trump, saying he is ready to meet his American counterpart, however added that the prospect of such a meeting hinges on Washington.
This is the chart that "horrifies" the CEO of the world's largest asset manager. This is the chart that has Larry Fink "seeing dark shadows in the market." Given the average investor's mainstream-media-trained hive-mind, we suspect some will be surprised by his choice...
In a welcome sign the latest conflict between the troubled Greece's lenders may be thawing, Reuters reports that Euro zone creditors and the International Monetary Fund have agreed between themselves to present a common stance to Greece later on Friday in talks on reforms and the fiscal path Athens must take.