2 w. ago Dutch king calls for compromise as political turmoil leads to more elections

King Willem-Alexander has called for a return to a culture of compromise in the Netherlands as the country prepares for its fourth general election in less than nine years

Politics

2 w. ago 'Very real risk' Labour turmoil will jeopardise John Swinney's efforts on US whisky tariffs with Donald Trump

First Minister John Swinney says the UK government is too distracted to deliver for the people of Scotland.

Politics

2 w. ago France’s credit rating downgraded, with debt forecast to keep rising amid political turmoil

Fitch downgrade to lowest level on record complicates new prime minister Sebastien Lecornu and President Emmanuel Macron’s efforts to control France’s financesThe Fitch agency downgraded France’s credit rating on Friday, as President Emmanuel Macron struggles with political instability and disagreements on how to put the country’s strained public finances in order.The US rating agency, one of the top global institutions gauging the financial solidity of sovereign borrowers, downgraded France on its ability to pay back debts, from “AA-” to “A+”, the country’s lowest level on record at a major credit rating agency. Continue reading...

Politics

3 w. ago Macron has defied the will of the people. He leaves the French public no choice but to Block Everything | Rokhaya Diallo

The president they call Jupiter has repeatedly shown utter disregard for the public voice at the ballot box. No wonder we are taking to the streetsThe protests that rocked France this week did not come out of the blue. For more than a year now, our country has been in a state of unprecedented political turmoil. You can date this crisis to June 2024, when Emmanuel Macron unexpectedly called a snap election that produced gridlock in the national assembly, rendering all subsequent governments unable to govern. This week’s events have added another historic chapter to the tumult.For the first time in the history of the Fifth Republic, a government collapsed after a vote of confidence initiated by a prime minister. François Bayrou, in office for just nine months, chose to place his ministerial fate in the hands of an openly hostile hung parliament. The outcome was a foregone conclusion: even the right, though partly represented within his government, broke ranks – a third of the conserva...

Politics

3 w. 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

3 w. 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

3 w. 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

3 w. 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

3 w. 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 w. 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

4 w. 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