Donald Trump stated Keir Starmer will resign as UK prime minister, citing failures in immigration and energy policy. Speculation intensifies in Westminster about Starmer's potential departure, with a senior ally declining to rule out a move. Andy Burnham is reportedly being considered as a successor.
Domingos Simoes Pereira, leader of Guinea-Bissau's PAIGC party, remains under house arrest following a military coup, sparking international concern from Portugal and Portuguese-speaking nations. Military leadership dismisses criticism as interference, while the opposition alleges a political motive to weaken dissent ahead of new elections.
Six of Shiv Sena (UBT)'s nine Lok Sabha MPs have defected, forming a separate group and seeking to join the Eknath Shinde faction. Aaditya Thackeray condemned the move as "dirty politics," while Sanjay Raut vowed disciplinary action against the absent MPs.
Six of Shiv Sena (UBT)'s nine Lok Sabha MPs have defected to the Eknath Shinde camp, triggering a political crisis for Uddhav Thackeray. Aaditya Thackeray condemned the move as "dirty politics," accusing the defectors of betrayal and corruption. The rebel MPs cited ideological differences and potential merger with Congress as reasons for their split.
Despite a new peace deal, the war on Iran and its ripple effects have normalized conflict, causing widespread hardship, economic upheaval, and collateral damage across the Middle East, with ongoing strikes and unresolved issues threatening lasting peace.
The Philippine Senate's official website was defaced with a warning message from hacktivists, coinciding with a political crisis over leadership control within the chamber.
The article satirizes Donald Trump's birthday celebration, contrasting it with Joe Biden's and criticizing the idea of a UFC event on the White House lawn. It links the event to inflation and geopolitical crises, questioning Trump's leadership.
Kosovo's Vetevendosje party, led by PM Albin Kurti, won nearly 43% of the vote in a snap election but failed to secure a governing majority, necessitating coalition talks amidst the country's unstable political climate and EU accession efforts.
Kosovo holds extraordinary parliamentary elections with 900+ candidates for 120 seats, prompted by a political crisis after failing to elect a new president post-Vjosa Osmani's term expiration.
Somalia's political crisis has erupted into street clashes in the capital, Mogadishu, as the opposition rejects the extension of President Hassan Sheikh Mohamud's term under a new constitution. The violence, which has resulted in property damage and civilian displacement, is seen by experts as an attempt by the opposition to gain leverage, potentially opening new fronts of tension.
India's Central Board of Secondary Education (CBSE) faces widespread outrage over a digitised answer-sheet evaluation system, leading to alleged incorrect marking and impacting over 1.7 million students. The scandal has triggered political calls for the Education Minister's resignation and exposed flaws in the board's rushed implementation of the On-Screen Marking system.
The arrest of Senator Jinggoy Estrada on corruption charges has created an 11-11 tie in the Philippine Senate, potentially stalling legislation and complicating Vice-President Sara Duterte-Carpio's impeachment trial.
Bolivian President Rodrigo Paz announced he and his cabinet ministers will take a 50% salary cut amid ongoing protests and roadblocks demanding his resignation. The cuts aim to show government commitment as the country faces supply shortages due to four weeks of unrest.
Senegal's Parliament Speaker El Malick Ndiaye resigns, two days after ally Ousmane Sonko was fired as PM. This move allows Sonko's Pastef party to potentially take control of parliament, complicating President Faye's reform efforts and IMF talks.
A US court has allowed lawsuits seeking compensation for assets seized during the Cuban revolution to proceed. Professor William LeoGrande explains the context of this decision amid the current political crisis in Cuba.
Panama's President José Raúl Mulino offered support to Bolivia's President Rodrigo Paz amid a political crisis, calling it an "attack by the radical left and drug trafficking." Paz thanked Mulino, vowing to resolve the situation this week.
Rolling coverage of the latest economic and financial newsStarmer on the brink as cabinet ministers urge him to quitGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Another UK political crisis is looming over the City of London today, as prime minister Sir Keir Starmer faces more calls to set out a timetable for his departure.With a Cabinet meeting expected this morning, today could be a big day in determining Starmer’s future.In response to the uncertainty, 10-year UK gilt yields rose +8.6bps to 5.00% yesterday, whilst the 30-year yield rose +9.3bps to 5.67%, given expectations that a new Labour leader may face pressure to ease the fiscal rules and raise gilt issuance. Continue reading...
Political observers said the resort meeting isn't just about protection, it’s about resolving a deep internal divide.
Romania faces political crisis as far-right leader George Simion pushes a no-confidence vote against Prime Minister Ilie Bolojan, expected May 5. The PSD has left Bolojan's coalition and joined forces with Simion's AUR party. Romania must complete EU reforms by August to unlock €11 billion in funding, while facing a potential credit rating downgrade. Simion's AUR polls at 35% and could cut aid to Ukraine if it gains power.
European leaders are grappling with mounting pressure as the US-Iran standoff threatens to evolve from an economic shock into a full political crisis for the EU's fragile center. Rising energy costs are cascading into food, transport and housing, disproportionately affecting lower-and middle-income households. European Commissioner Valdis Dombrovskis warns the consequences of a potential Strait of Hormuz blockade are becoming more pronounced, with the EU facing possible stagflation. Updated economic forecasts due in May project GDP growth could fall to 0.8% if energy prices remain elevated, with inflation reaching 4.5%.
Libya's authorities have requested Russia's assistance in resolving the country's ongoing political crisis, Russian Foreign Minister Sergey Lavrov said during talks with acting Libyan Foreign Minister Taher al-Baour in Moscow. Libya has been divided since 2011 when Muammar Gaddafi was overthrown, with rival governments in Tripoli and the east competing for power despite a UN-brokered interim authority elected in 2021.
Bulgaria held its eighth legislative election in five years on Sunday, with ex-president Rumen Radev's Progressive Bulgaria coalition projected to win 35% of votes. The EU's poorest member has experienced political instability since 2021, when anti-corruption rallies ended Boyko Borissov's conservative administration. Radev, 62, a former air force general who served nine years as president, stepped down in January and now leads the centre-left grouping on a platform to rid the country of its oligarchic governance model.
