5 h. ago France joins Eurozone’s ‘periphery’ as turmoil deepens, say investors

French borrowing costs have climbed above those of Greece and close to Italy’s

Economics

6 h. ago Political turmoil pushes France into Eurozone’s ‘periphery’, say investors

French borrowing costs have climbed above those of Greece and close to Italy’s

Politics

8 h. ago Anglo American agrees mining mega merger; Londoners face commuting struggles as tube strike enters second day – business live

Deal will create $53bn mining giant but raises fears of job cuts as headquarters moves to VancouverIn the markets, the FTSE 100 index has edged 0.2% higher while Germany’s Dax gained 0.15% and Italy’s FTSE MiB rose by 0.5%.France’s CAC climbed by 0.7%, despite political turmoil in the country. French president Emmanuel Macron is seeking his fifth prime minister in less than two years, after centre-right PM François Bayrou was ousted in a confidence vote on Monday, as expected. This toppled his minority government.A quiet Monday masks a big week ahead for US markets, with the Nasdaq hitting an all-time high as tech and retail led a modest rebound. The S&P 500 added 0.5%, while the Russell 2000 lagged after its recent run. Treasury yields continued their descent, with the 10-year near 4%, its lowest in five months, and the 2-year hovering around 3.5%, levels last seen in 2022.Markets are fully priced for a 25bps cut [from the Fed] this month, and expect more to come. With PPI, CPI...

Events

29 h. ago Samoa's first woman leader is ousted in an election following the collapse of her government

Samoa’s incumbent ruling party will return to power with a new leader at the helm after the country’s first woman prime minister was toppled in elections that followed months of political turmoil

Politics

54 h. ago Japan PM Shigeru Ishiba to resign amid fallout from disastrous elections

Public broadcaster says prime minister has made decision to avoid divide within his Liberal Democratic partyJapan’s prime minister, Shigeru Ishiba, is to resign less than a year after taking office, throwing the country’s politics into turmoil and setting in motion a potentially messy contest to replace him as leader of the ruling Liberal Democratic party (LDP).The softly spoken centrist has presided over two disastrous elections since being elected to lead the LDP last autumn. In October, the party and its junior coalition partner Komeito lost their majority in the lower house and met the same fate in upper house elections this July. Continue reading...

Politics

4 d. ago RFK Jr accused of ‘reckless disregard for science and the truth’ in Senate hearing

Health secretary defended his leadership as Democrats attacked his vaccine policy and demanded his resignationUS politics live – latest updatesThe US health secretary, Robert F Kennedy Jr, faced the Senate finance committee in a tense and combative hearing on Thursday, during which lawmakers questioned his remarks expressing vaccine skepticism, claims that the scientific community is deeply politicized, and the ongoing turmoil plaguing the Centers for Disease Control and Prevention (CDC).In a hearing lasting more than three hours and ostensibly about the Trump administration’s healthcare agenda, Kennedy defended his leadership at the Department of Health and Human Services (HHS), claiming that his time at the agency will be focused on “unbiased, politics-free, transparent, evidence-based science in the public interest”. Continue reading...

Politics

5 d. ago London City Lionesses go big again! WSL newcomers pushing to sign PSG & France star Grace Geyoro

London City Lionesses go big again! WSL newcomers pushing to sign PSG & France star Grace Geyoro  Goal.com

Politics

8 d. ago French business warns of recession risk as political turmoil deepens

Fiscal discord alarms company chiefs as PM’s confidence-vote gamble rattles markets

Events

1 week ago Samoa’s election: Voting has begun after months of turmoil, here is everything you need to know

Samoans began voting on Friday in parliamentary elections amid personal rivalries and geopolitical tensions Samoa went to the polls on Friday in a national election called early by the caretaker prime minister, Fiamē Naomi Mata’afa, after months of political turmoil.Official campaigning ceased on Sunday with billboards blacked out, posters taken down and social media endorsements suspended under strict orders from the electoral commissioner. Continue reading...

Politics

1 week ago Samoa’s election: Personal rivalries, geopolitical tensions and everything else you need to know

Samoans will go to the polls for parliamentary elections on Friday after months of political turmoilSamoa will go to the polls on Friday in a national election called early by the caretaker prime minister, Fiamē Naomi Mata’afa, after months of political turmoil.Official campaigning ceased on Sunday with billboards blacked out, posters taken down and social media endorsements suspended under strict orders from the electoral commissioner. Continue reading...

Politics