Latest Nationalization News

UK leader Johnson faces questions about ties to US woman

Nov. 18, 2019 12:22 PM EST

LONDON (AP) — British Prime Minister Boris Johnson faced new questions Monday about his relationship with an American businesswoman who allegedly received favors and public funds while Johnson was the mayor of London. Johnson’s speech Monday to U.K. business leaders ahead of Britain’s Dec. 12...

Free broadband? UK Labour Party promises nationalization

Nov. 15, 2019 11:53 AM EST

LONDON (AP) — The British Labour Party's latest plan for public ownership of big industries sent shivers through the telecoms sector Friday with an electoral promise to nationalize part of the former phone monopoly BT to provide free fiber optic broadband. Party leader Jeremy Corbyn, who outlined the plan...

The Latest: Police warn political candidates to take care

Nov. 15, 2019 6:17 AM EST

LONDON (AP) — The Latest on campaigning for Britain’s general election (all times local): 10:45 a.m. British police are urging candidates in the Dec. 12 general election to use caution in a campaign that has already been marked by a high level of hostility. The National Police Chiefs’ Council...

Ukraine's leader stands firm on bank's nationalization

Oct. 29, 2019 6:23 AM EDT

KYIV, Ukraine (AP) — Ukraine's president has vowed to keep a bank formerly owned by a powerful tycoon in government hands. Volodymyr Zelenskiy told an investment conference Tuesday that he would not approve any motion to scrap the 2016 nationalization of PrivatBank, which was owned by billionaire Ihor...

Outcry in Ukraine over song mocking ex-central bank chief

Oct. 21, 2019 10:22 AM EDT

KYIV, Ukraine (AP) — Ukrainian officials on Monday lashed out at a comedy show that targeted the former central bank chief by joking about a recent arson attack on her home. Kvartal 95 is arguably the country's most beloved comedy show and was led by Volodymyr Zelenskiy before he was elected president in...

Author of Polish market reforms defends legacy amid backlash

Sep. 27, 2019 4:15 AM EDT

WARSAW, Poland (AP) — The radical free-market reforms that Leszek Balcerowicz designed for Poland three decades ago put the country on a path toward spectacular economic growth. Now the 72-year-old economist is having to defend that legacy. Rather than being universally hailed, Balcerowicz, who was the...