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Breakingviews - Trump wall non-deal requires scraping for funds

Donald Trump has started another war of sorts – this time at home. Congress rejected the U.S. president’s demands to fund a southern border barrier, so on Friday he declared a national emergency, a move that will face an array of legal challenges. It’s a messy non-deal considering Trump turned down a compromise providing $25 billion for his wall in 2018.

Breakingviews - Nigeria challenger is lesser of two outmoded evils

Whatever the outcome of Nigeria’s tight Feb. 16 election, the next leader of Africa’s most important country will be four times older than his average compatriot. Given the need to rejuvenate a moribund, oil-dependent economy, that’s not ideal. Opposition challenger Atiku Abubakar is hardly a breath of fresh air and has a graft-tainted reputation, but his talk of relaxing the state’s grip on the currency and oil sector is at least a step in the right century.

Breakingviews - Ryanair CEO’s 100 mln euro bonus is within reach

Ryanair is notorious for keeping costs low, but its chief executive’s new incentive scheme is anything but frugal. The budget airline has granted Michael O’Leary share options that could be worth almost 100 million euros if he doubles Ryanair’s net profit or share price by 2024. Though the target looks demanding, it’s well within reach.

Breakingviews - Spain’s snap election could harden Catalan divide

Spaniards face an uncomfortable choice between political paralysis and separatist confrontation. Socialist Prime Minister Pedro Sanchez on Friday called a snap election for April 28 after the country’s parliament refused to support his budget. His right-wing opponents, if victorious, could provoke a flare-up in tensions with Catalan secessionists.

Breakingviews - Ant steps around China tech backlash into Europe

Ant Financial has taken a big step into Europe amid a global backlash against Chinese technology. Jack Ma's $150 billion payments-to-wealth management group has snapped up WorldFirst in the UK. The deal, which comes a year after a failed bid for U.S.-based MoneyGram, revives Ant's overseas push. But heightened European anxiety about China suggests future acquisitions may not be so easy to close.

Breakingviews - Amazon, NYC shoot selves and each other in foot

Amazon.com and New York City have shot themselves and each other in the foot. The $800 billion e-commerce giant on Thursday decided to ditch its plans to open a second headquarters, known as HQ2, in the Big Apple after local opposition to the $3 billion in state and city incentives it would receive. It makes Amazon look short-term greedy and not interested in community concerns. Politicians, meanwhile, have cost New York both tax revenue and up to 40,000 jobs.

Breakingviews - Viewsroom: Down Under’s upheaval

Falling house prices and slowing Chinese growth are putting Australia’s record of almost 28 years of economic expansion at risk. The banking industry got dinged after a gripping year-long investigation. And a change of government looks likely. Breakingviews dives into the issues.

Breakingviews - Hadas: Four principles for regulating the internet

The giants of the internet cannot regulate themselves. They need some help. The problems are numerous, and not entirely recent. The extensive market power and possibly unfair competition practiced by the likes of Alphabet’s Google, Facebook and to some extent Amazon are basically new twists on familiar antitrust questions. But the issues raised by big data are quite new. Information about tastes and opinions has been gathered, sold, used and misused witho

Breakingviews - Jumbo reality check frees Airbus to fly higher

European politicians, as well as passengers who appreciate more leg room, will lament Airbus sounding the death-knell of the A380. Few others will shed tears for the gas-guzzling behemoth. As with the supersonic Concorde, another engineering marvel, the superjumbo owed more to regional political ambition than commercial logic. The aerospace group can now focus on closing its valuation gap with U.S. rival Boeing by churning out more of the nimbler, greener two-e

Breakingviews - TPG’s Asia fundraising is a sign of buyout times

TPG’s Asian fundraising is a sign of the times for buyout shops. The U.S. private equity firm co-led by Jim Coulter slightly exceeded a $4.5 billion target for its new fund despite poor returns in the region. New leadership in Australia and China provides some reassurance. Still, such success after relative failure is a telltale sign of a frothy market. 

About Breakingviews

Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time. Sign up for a free trial of our full service at http://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.

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