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☆ Erdogan’s Political Opposition Fractures Ahead of Turkey Election
▼ + stars: | 2023-03-03 | by ( Jared Malsin | Elvan Kivilcim | ) www.wsj.com time to read: 1 min

ADANA, Turkey—An influential Turkish political party dropped out of an alliance opposing President Recep Tayyip Erdogan , handing the leader a potential boost ahead of what could be his toughest election campaign in his 20 years in power. The decision by Meral Aksener , the leader of the center-right Iyi party, takes the second-largest member out of a six-party coalition determined to unseat the Turkish president in an election expected in May.

☆ Communist rift plunges Nepal's ruling coalition into crisis
▼ + stars: | 2023-02-27 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

KATHMANDU, Feb 27 (Reuters) - Splits within Nepal's communist-dominated ruling coalition plunged the Himalayan nation into crisis on Monday as a Marxist-Leninist party said it would withdraw support after the Maoist prime minister backed an opposition candidate for the presidency. Current prime minister Pushpa Kamal Dahal, a former Maoist guerrilla leader in the mountainous nation sandwiched between China and India, has held the post three times. Last week, Prachanda infuriated the UML by pledging support for the opposition Nepali Congress party's presidential candidate, Ram Chandra Paudel. Prachanda had earlier agreed to support a UML candidate for the presidency, according to politicians in the coalition. Four ministers, including a deputy prime minister from another party, also quit the government over the weekend due to the same issue.

☆ A post-Erdogan Turkey could come in from the cold
▼ + stars: | 2023-02-27 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

The six-party coalition challenging the ruling AK Party plans to stamp out inflation, which official figures put at 58%. The six-party coalition should probably do this pre-emptively to gain extra economic credibility, though it seems unlikely to do so. These have soared following Putin’s invasion of Ukraine, as some Western goods now go to Russia via Turkey. Nathalie Tocci, a former special adviser to two EU foreign policy supremos, shares this view. But it is not too early to think about how to bring Turkey in from the cold if he loses.

☆ Thai PM walks out of news conference over question on ex-leader Thaksin
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +2 min

[1/2] Thai Prime Minister Prayuth Chan-ocha campaigns as the PM candidate for the United Thai Nation Party (Ruam Thai Sang Chart Party) ahead of a general election this year in Bangkok, Thailand, January 9, 2023. REUTERS/Chalinee ThirasupaBANGKOK, Jan 26 (Reuters) - The mere mention of Thailand's ousted former premier Thaksin Shinawatra prompted Prime Minister Prayuth Chan-ocha to walk out of a news conference this week, irked by talk of the exiled political heavyweight's long-touted return. I don't like it," Prayuth said on Wednesday cutting off a reporter's question about Thaksin, before walking away from the podium and out of the venue. Paetongtarn, 36, last week declared her readiness to be prime minister with the Pheu Thai Party, which won most seats in the 2019 election but not enough to form a government. Reporting by Chayut Setboonsarng; Writing by Martin Petty; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

☆ Germany shy of 2030 climate target at current CO2 reduction rate - govt advisors
▼ + stars: | 2022-11-04 | by ( Riham Alkousaa | Zofeen T. Ebrahim | ) www.reuters.com time to read: +2 min

Germany aims to become carbon-neutral by 2045 and cut 65% of emissions by 2030 compared with 1990, but current reduction rates are falling short, the first biennial report by the council showed. The energy sector contributed almost half of Germany's 27% CO2 reduction between 2000 and 2021, while the construction, transport and industry sectors, after a good start, have been sluggish to cut emissions in the past decade. The council said the transport and construction sector needed to be restructured to reverse the trend. A change in consumer behaviour was also necessary and the government should impose strict limits on emissions volumes for all sectors, it added. Nearly 200 countries will gather in Egypt next week for climate talks, as pressure for tougher action to tackle global warming grows.

☆ France and Germany's relationship questioned as Scholz goes alone on policy
▼ + stars: | 2022-10-26 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

Officials have denied problems in the Franco-German relationship, but Chancellor Scholz's focus on domestic politics is upsetting some lawmakers in Europe. Fresh tensions between France and Germany are challenging their relationship at a time when their unity is critical for broader European policy in tackling the energy crisis. The leaders of the two nations will meet in Paris on Wednesday, but this encounter almost got canceled. He added that the action of German Chancellor Olaf Scholz is "creating the deepest divides within the Union." France and Germany are the two largest economies in the European Union and two of the founding nations of this political grouping.

☆ Prague bourse warns govt about rattling markets the way UK did
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +2 min

PRAGUE, Oct 21 (Reuters) - Czech politicians should avoid rattling markets the way Britain has recently, as the country discusses plans for a windfall tax, the Prague Stock Exchange's chief said on Friday, after comments from ruling party members this week sent stocks tumbling. The Czech government has been discussing imposing a windfall tax on excessive profits in the energy and banking sectors since the summer, which has weighed on markets. "Trust is the fundamental value that every capital market aims for in its investors," Prague Stock Exchange chairman Petr Koblic wrote in a commentary in financial daily Hospodarske Noviny. The Czech government is putting a windfall tax in place to fund measures such as a cap on electricity prices, aimed at easing the impact of Europe's energy crisis on its citizens. Czech Finance Minister Zbynek Stanjura said late on Wednesday the government was still "leaning" towards applying it from 2023.

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