Government and politics
South Korea President Yoon banned from foreign travel as leadership crisis deepens
People gather outside the National Assembly, after South Korean President Yoon Suk Yeol declared martial law, in Seoul, South Korea, December 4, 2024. Soo-hyeon Kim | Reuters South Korean President Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, […]
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CNBC Daily Open: Political uncertainty intensifies over the weekend
National Syrian Army soldiers celebrate after opposition forces led by Hayat Tahrir al-Sham took control of the Hama city center and surrounding villages on Dec. 6, 2024, in Hama, Syria. Dia Images | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings […]
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Biden says U.S. will support Syria and its neighbors after Assad dynasty collapses
U.S. President Joe Biden delivers remarks from the Rose Garden of the White House in Washington, U.S., November 26, 2024. Nathan Howard | Reuters President Joe Biden cheered the toppling of Syria’s dictatorship in remarks on Sunday, but he warned about the uncertainty during the country’s political transition. “It’s a moment of historic opportunity for […]
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Trump is stacking his White House roster with uber-rich backers
U.S. President-elect Donald Trump greets Elon Musk before attending a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, U.S., November 19, 2024. Brandon Bell | Via Reuters Donald Trump’s first administration was chock full of super-rich figures whose combined wealth exceeded $5 billion, marking an unprecedented […]
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South Korea martial law fallout deepens as prosecutors close in on president, ex-defense minister
People march in heavy rain to protest against South Korean president Yoon Suk Yeol, as strike and protests continue amid the martial law crisis, in Seoul, South Korea, on December 05, 2024. Daniel Ceng | Anadolu | Getty Images South Korea’s leadership crisis deepened on Sunday as prosecutors named President Yoon Suk Yeol as a […]
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South Korea’s President Yoon survives impeachment motion after ruling party boycotts vote
SEOUL, SOUTH KOREA – NOVEMBER 07: South Korean President Yoon Suk-yeol attends a press conference on state affairs at the presidential office on Nov. 7, 2024. Pool | Getty Images News | Getty Images Beleaguered South Korean President Yoon Suk Yeol on Saturday survived an impeachment motion triggered by his short-lived failed attempt to impose […]
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As Notre-Dame reopens, Macron stands in ashes of French political edifice
A tourist looks at Notre-Dame Cathedral of Paris on the eve of its reopening to the public on December 06, 2024 in Paris, France. Chesnot | Getty Images The reopening of Notre-Dame cathedral, five years after being devastated by a fire, was supposed to be Emmanuel Macron’s triumph. The French president has often used the […]
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DOGE’s Musk, Ramaswamy want Congress to pass huge spending cuts. That’s a tough sell
WASHINGTON, D.C. — Entrepreneurs Elon Musk and Vivek Ramaswamy have an ambitious agenda to cut federal spending with the help of their outside advisory council, the Department of Government Efficiency (DOGE). But on their first joint visit to Congress on Thursday, the pair also likely saw some of the limits of outside influence on the […]
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Romanian top court annuls presidential election result
People pass by electoral posters with candidates for the presidential and parliamentary elections in Bucharest on November 22, 2024. Daniel Mihailescu | Afp | Getty Images Romania’s top court annulled the result of the first round of the country’s presidential election on Friday, adding that the entire election process would have to be rerun. The […]
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European markets set to open lower as French political upheaval drags on
Opening calls The FTSE 100 is expected to open 8 points lower at 8,341 on Friday morning, while the German DAX index is slated to lose 24 points at the opening, according to IG, bringing it down to 20,334. Meanwhile, IG is predicting that the CAC 40 will open around 8 points lower at 7,322. […]
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