Obama Seeks New Focus to Fight Persistent Terrorism
May 28 (Bloomberg) -- U.S. President Barack Obama talks about the need for a "new focus" against the threat of terrorism and the planned end of military operations in Afghanistan. The president, speaking at the U.S. Military Academy at West Point, New York, laid out a postwar strategy for his final years in office that would provide a more targeted approach to the scattered threat of terrorism while moving away from direct military action. (Source: Bloomberg)
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Are Emerging-Market Stocks a Smart Bet?
16:17 - Emerging-market equities are heading for a period of calm, according to U.S. traders. The CBOE Emerging Markets ETF Volatility Index is hovering near the lowest level in a year. The projections for narrower price swings, derived from options bets on the biggest exchange-traded fund for developing stocks, come as investors grow increasingly confident that policy makers will be able to shore up global growth amid market turmoil from Turkey to the U.K. Bloomberg's Elena Popina has more on "What'd You Miss?" (Source: Bloomberg)