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The duel of the New York billionaires?

Media tycoon Michael Bloomberg joins an already long list of Democratic contenders, but before he can take on The Donald, he first has to take on his party rivals

Mr Bloomberg having lunch at a diner after adding his name to the Democratic primary ballot in Little Rock, Arkansas; there is no doubt that the proud internationalist and free trader is the favourite of members of the nation's political, business and intellectual establishment that reside on the Washington- New York- Boston axis.

IN THEORY, Michael Bloomberg, the billionaire and former New York mayor, could be the ideal Democratic presidential candidate to beat President Donald Trump in 2020.

If the boorish and ignoramus Drama Queen who currently occupies the White House is a complete contrast to the studious and...

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