Bloomberg Businessweek - USA (2019-05-27)

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◼ CONTENTS Bloomberg Businessweek May 27, 2019

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Cover:

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Businessweek

CORRECTION In Brief (April 29) incorrectly stated that Heng Swee Keat was leaving Singapore’s Ministry of

Finance to become deputy prime minister. He will remain finance minister while assuming the

deputy prime minister post. The item also erroneously stated he would be the first nonmember

of the Lee family to lead the city-state; the first was Goh Chok Tong, who was prime minister

from 1990 to 2004. VOTERS: PHOTOGRAPH BY KAREEM BLACK FOR BLOOMBERG BUSINESSWEEK

◼INBRIEF 9 Fordcuts7,000jobs;ThomasCookis cooked

◼AGENDA 10 MerkelgoestoHarvard;theECBmakesitsratedecision

◼OPINION 10 Banning facial-ID technology isn’t in the public’s interest

◼ REMARKS 12 Iran and Saudi Arabia’s hate-hate relationship

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BUSINESS 16 Netflixhelpsshinea spotlightonAfrica’sfilmindustry

18 AnIndiandruggiant’snongenericRxfora rebound

19 What English football says about immigration and Brexit

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TECHNOLOGY 22 Salesforce.com’ssuccessreliesonitsCEO’sgutinstinct

24 Berlin startup Idagio aims to be a highbrow Spotify

3

FINANCE 27 Demsshuncorporatecash,butmanystillcourtbigdonors

29 U.S. expats’ nest eggs disappear from Mexican accounts

ECONOMICS 33 ThetradewarpressesSpain’solivegrowers

35 Comingsoon:QuantitativeEasing—TheSequel

36 Argentina’s financial crisis spells opportunity for China

POLITICS 39 TheeffectsoftheHuaweibanmaygowellbeyond Huawei

41 Islamic State finds fertile ground in Africa

43 ▲ The Long Campaign: Biden bets that voters want unity