Government and politics
British lawmakers give initial support to assisted dying bill
The Houses of Parliament are seen on June 28, 2024 in London, England ahead of the UK general election. Peter Nicholls | Getty Images News | Getty Images Britain’s parliament voted in favor of a new bill to legalize assisted dying on Friday, opening the way for months of further debate over an issue that […]
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Barclays prefers Germany over France as it sends ‘bond vigilante’ warning
German blue-chip stocks show more promise than their French counterparts, Barclays’ strategists wrote in a note Friday, saying France has weak “long-term fiscal and growth fundamentals” and a looming risk of bond vigilantes sweeping in. The euro zone’s two biggest economies are both struggling. Germany is battling an ongoing manufacturing downturn that has turned it […]
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Lebanon had ‘no say in the decision to go to war,’ foreign minister says
Lebanon’s foreign minister on Thursday defended Hezbollah’s presence in the region, but said his country had “no say in the decision to go to war” with Israel. Speaking to CNBC’s Dan Murphy, Abdallah Bou Habib vowed to uphold a U.S.-France brokered cease-fire that is already showing signs of strain, and said he will seek foreign […]
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France’s political chaos drives borrowing costs to the same level as Greece’s for the first time
People walk along the Chatelet Les Halles area of Paris during the snowfall of Storm Caetano. Sopa Images | Lightrocket | Getty Images France’s brewing political crisis is spilling into financial markets with the country’s borrowing costs hitting the same level as debt-ridden Greece’s for the first time on record Thursday. The spread — the […]
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Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
Aerial view of the Moscow Kremlin landmarks: St. Basil’s Cathedral, Kremlin, Spasskaya Tower and Red Square Sergey Alimov | Moment | Getty Images Russian authorities are trying to stem panic over the ruble’s sharp fall this week, with the central bank forced to intervene on Wednesday to support the currency. The ruble weakened to 114 […]
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Apple, Trump and a booming budget surplus: Ireland has much to mull over as voters head to the polls
Polling station in Ireland. Kinga Krzeminska | Moment | Getty Images Ireland goes to the polls on Nov. 29, with center-right parties Fianna Fáil and Fine Gael once again expected to form the nucleus of the country’s next government. The historical rivals have shared power over the last five years alongside the Green Party, and […]
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Musk, Ramaswamy to discuss DOGE with GOP leaders on Capitol Hill Dec. 5
U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters Elon Musk and Vivek Ramaswamy will visit Capitol Hill to discuss government reform with Republican congressional leaders Dec. 5, House Speaker Mike Johnson, […]
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France’s far right propped up the weak government. It could now bring it crashing down
Member of French far-right party Rassemblement National (RN) Marine Le Pen walks at the Paris courthouse amid her trial on suspicion of embezzlement of European public funds, in Paris, on November 27, 2024. Alain Jocard | Afp | Getty Images France’s government is hanging by a thread with the far-right National Rally party threatening to […]
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Israel-Lebanon permanent ceasefire has been accepted, Biden says
Israel and Lebanon’s Hezbollah on Tuesday agreed to a permanent ceasefire in cross-border hostilities, following a year-long conflict between the Jewish state and Iranian-backed groups. President Joe Biden announced the deal, which was brokered by France and the U.S. “Under the deal reached today, effective at 4:00 a.m. tomorrow, local time, the fighting across the […]
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Republicans gear up for the coming battle over $5 trillion tax cut’s costs
As Republicans on Capitol Hill lay the groundwork for extending the 2017 tax cuts, cracks are already emerging on one of the biggest questions: how to handle the cost. Extending the tax provisions is estimated to increase the deficit by $5 trillion, according to the nonpartisan Congressional Budget Office. Yet many lawmakers are quick to […]
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