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Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty ImagesGlobal stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world's two largest nuclear powers: Russia and the U.S. The pan-European Stoxx 600 stock index was down almost 1% at 12:23 p.m. London time, hitting 498.56 points — its lowest level since August. The declines come after Russian President Vladimir Putin amended Russia's nuclear doctrine that outlines the conditions that would prompt Moscow to deploy its nuclear arsenal, Russian state news agency Tass reported Tuesday. In currency markets, the Japanese yen rose 0.7% and 0.36% against the euro and U.S. dollar respectively at 12:26 a.m. London time.

Persons: Vladimir Putin, Dmitry Peskov, USDJPY, Wells, Erik Nelson, Putin, Tiffany McGhee, CNBC's, Ice Brent Organizations: Valdai, Getty, U.S, Dow Jones, Nasdaq, Russian Federation, NBC News, Swiss, CNBC, U.S ., NATO, White, Kremlin, Russian Defense Ministry, Kyiv, NBC, Ukrainian, Staff of, Armed Forces, Ice Locations: Moscow, Russia, London, U.S, Republic of Belarus, Russian, Ukraine, Kyiv, Soviet, Bryansk, America

☆ Trump's trade restrictions could be good for American semiconductor jobs
▼ + stars: | 2024-11-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

AdvertisementThe tariffs Donald Trump proposed while campaigning could help create US semiconductor jobs. To be sure, the impacts of a tariff policy on chips could be mixed. He said that the federal government should have implemented tariffs instead to motivate global chipmakers to build more factories in the US, which would then create jobs. AdvertisementTo be sure, the impacts of a tariff policy on chips could be mixed. In August, the White House said that investments supported by CHIPS Act funding would help create 115,000 construction and manufacturing jobs.

Persons: Donald Trump, podcaster Joe Rogan, Trump, Jeff Koch, SemiAnalysis, Patrick Moorhead, Jeff Ferry, Ferry, Stephen Ezell, Ezell Organizations: US, Industry, Biden, Samsung, Coalition for, Prosperous, Semiconductor Industry Association —, Intel, Information Technology, Innovation Foundation, Apple Locations: Taiwan, China, South Korea, Prosperous America, Arizona, India, United States

☆ Pro-Palestinian activists’ anger at Democrats hasn’t been dampened by Trump’s election
▼ + stars: | 2024-11-16 | by ( Gregory Krieg | ) edition.cnn.com time to read: +11 min

CNN —For Democratic pro-Palestinian activists, Donald Trump’s reelection delivered a bitter vindication. Led by the Uncommitted National Movement, they spent months pushing and pleading with the Biden administration to scale back its support for Israel’s war in Gaza. “I don’t have any regrets,” Uncommitted spokesman and strategist Waleed Shahid told CNN. After weeks of back-and-forth, on the final night of the confab, party officials inside the United Center told Uncommitted leaders it was a no-go. “The thing I’ve been saying and I will always say is that these uncommitted voters are our voters, they’re our family,” Barnes told CNN at the time.

Persons: Donald Trump’s, Biden, Joe Biden’s, “, ”, James Zogby, Kamala Harris, ” Uncommitted, Lexis Zeidan, Trump “, ” Lexi Zeidan, Trump, Jill Stein, Harris, Harris ’, wasn’t, ” Zeidan, ’, Wa’el Alzayat, Emgage, Alzayat, Wa'el Alzayat, Jose Luis Magana, Mike Huckabee, Tulsi Gabbard, Matt Gaetz, Waleed Shahid, Lavora Barnes, –, ” Barnes, Shawn Fain, Ruwa, Romman, ” Romman, Trump’s, Dalal Baydoun, Stein, Israel, ” Harris, Bill Clinton, ” Clinton, ” Clinton’s, capper, Liz Cheney, Dick Cheney, Donald Trump, ” Shahid, “ it’s, ” Zogby, Zogby, “ There’s, we’re, he’s, CNN’s Danny Freeman, Yon Pomeranz Organizations: CNN —, Democratic, Movement, Black, Arab American Institute and, Democratic National Committee, Trump, CNN, Green Party, Democrat, Democrats, Muslim, Latina, Democratic National Convention, United Center, Michigan Democrats, United Auto Workers, statehouse, West Bank, United Nations, UN Human Rights, State, Defense, Michigan State University Locations: Gaza, Michigan, Dearborn, CNN Dearborn , Michigan, American, Chase , Maryland, Israel, Chicago, Palestinian, Georgia, ”, Arab, Lebanon, East Lansing, Palestine, Iraq

☆ Car owners claimed a bear trashed their Rolls-Royce. Insurers say it was fraud involving a person in a bear suit.
▼ + stars: | 2024-11-15 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

The California Department of Insurance said the "bear" was actually a person in a costume. AdvertisementFour Californians said a bear damaged their luxury car, but insurers have accused them of insurance fraud involving someone dressed in a bear costume. However, CDI investigators determined that the "bear" in the footage was actually a person wearing a bear costume, the press release said. Insurance fraud is a major issue in the US. According to the Coalition Against Insurance Fraud, it costs the country over $300 billion annually.

Persons: —, — Ruben Tamrazian, Vahe Muradkhanyan, Alfiya Zuckerman —, Royce, Mark Friedlander, Friedlander Organizations: California Department of Insurance, Service, CDI, California Department of Fish, Wildlife, San Bernardino County, Coalition Against Insurance, Insurance Information Institute, Fox Business, US Bureau of Labor Statistics Locations: California, Los Angeles, Ararat Chirkinian, Lake Arrowhead , California, San Bernardino, California , New York, Florida

After Republican President-elect Donald Trump’s dramatic performance with Latino voters, a coalition of Democratic-leaning Latino groups is grappling with the shift and trying to reconcile it with the policies they say many Hispanics support. Along with UnidosUS, Latino-focused advocacy groups such as Voto Latino, Somos Votantes, Hispanic Federation and La Brega y Fuerza Fund sponsored a poll of Latino voters. The coalition rejected national exit poll findings showing that Trump won the majority of Latino men — 55% — to Harris’ 43%. Edison Research, which conducts national exit polling for NBC News and other news organizations, surveyed 2,750 Latino voters nationally. Thirty-seven percent of male participants in exit polling identified as white, while 6% identified as Latino in the Latino groups’ poll.

Persons: Donald Trump’s, —, Clarissa Martinez de Castro, Kamala Harris, ” Martinez de Castro, ”, Somos, Donald Trump, Anna Moneymaker, Martinez de Castro, Trump, Harris, Matt Barreto, “, Rob Farbman, Latinas, Joe Biden, Starr County, Gary Segura, ” Segura, Barreto, Carlos Odio, Vanessa Cardenas, ” Cardenas Organizations: Republican, Democratic, Democratic Party, Latino, UnidosUS, Republicans, Hispanic Federation, Brega, Fund, American Civil Liberties Union, Advancing Justice, Climate Power, Nations Development Institute, Trump, Harris ’, BSP Research, African American Research, Harvard University, American, NBC, Edison Research, NBC News, Edison, Biden, Dade, Equis Research, America’s Locations: Doral, Fla, Miami, Florida, South Texas, Rio Grande, Starr, U.S

☆ New Zealand MPs disrupt parliament with haka to protest Indigenous treaty bill
▼ + stars: | 2024-11-14 | by ( ) edition.cnn.com time to read: +2 min

REUTERS —New Zealand’s parliament was briefly suspended on Thursday after Maori members staged a haka to disrupt the vote on a contentious bill that would reinterpret a 184-year-old treaty between the British and Indigenous Maori. Rulings by the courts and a separate Maori tribunal have progressively expanded Maori rights and privileges over the decades. Parliament was briefly suspended as people in the gallery joined in, and shouting drowned out others in the chamber. ACT New Zealand leader David Seymour said people who oppose the bill want to “stir up” fear and division. New Zealand's parliament was briefly suspended on Thursday after Maori members staged a haka to disrupt the vote on a contentious bill that would reinterpret a 184-year-old treaty between the British and Indigenous Maori.

Persons: Te, David Seymour Organizations: REUTERS, British Crown, ACT New Zealand, New Zealand’s rugby, Parliament, New, Coalition, National Party Locations: Waitangi, New Zealand, New, Wellington

☆ Germany sets early election date for February after collapse of the ruling coalition
▼ + stars: | 2024-11-12 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

Germany is set to hold a federal election in February, earlier than Chancellor Olaf Scholz had originally proposed after his ruling coalition collapsed last week. The election is set to be held on February 23, according to sources within the parliamentary group of Scholz' social democratic party (SPD). It is a necessary step ahead of early elections in Germany as the chancellor must first call for the vote in parliament. Lindner was replaced by Jörg Kukies who was appointed as the new finance minister on November 7. Scholz' SPD and the Green party will form a minority government in Germany until the election in February.

Persons: Olaf Scholz, Joerg Kukies, Scholz, Christian Lindner, Chancellor Olaf Scholz, Lindner, Jörg Kukies Organizations: Bundestag, Authorities, Green Locations: Berlin, Germany

☆ Healthcare investors are torn on Trump's second term
▼ + stars: | 2024-11-09 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +11 min

While many tech VCs are optimistic about Trump's second term, some healthcare investors feel stuck. AdvertisementThe lower corporate taxes and deregulation a second Trump term could promise are already amplifying public market optimism. She could be removed as the FTC's head early in Trump's second term — and with relaxed M&A regulations, "anything is possible," said What If Ventures founder Stephen Hays. SOPA Images/Contributor/Getty ImagesMedicaid could also be targeted in Trump's second term. A boon for healthcare AI and Medicare AdvantageTrump's victory could have a positive impact on several big areas of healthcare investment.

Persons: —, Donald Trump's, Trump, He's, he'll, Robert F, Kennedy Jr, Trump's, Michael Greeley, Rebecca Noble, Tesla, JP Morgan Chase, Maven, Omada, Sean Duffy, Lina Khan, Stephen Hays, James Leynse, VCs, Carli Sapir, Jordan Nof, Greeley, Shiv Rao, Kennedy Jr's, Chrissy Farr, Phelps, Phillips, Farr Organizations: Trump, Service, Food and Drug Administration, Centers for Disease Control, Biden, Flare Capital Partners, Getty, Healthcare, Health, Cigna, Humana . Bloomberg, Federal Trade Commission, Investors, Business, Amboy Street Ventures, Tusk Venture, Senate, Affordable, Coalition for Health, Mayo Clinic, Johns Hopkins, Microsoft, Alignment Healthcare, Scrub Locations: Trump's Florida, Tuesday's, Trump's, Boston, America

☆ Chuck Todd: This Democratic defeat — and the rise of Trump 2.0 — was a decade in the making
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Chuck-Todd-Circle-Byline-Template.Jpg | Chuck Todd | ) www.nbcnews.com time to read: +21 min

The reality is that both parties learn lessons from losing elections that apply only in the short term — say, from one presidential election to the next midterm or from one midterm to the next presidential election. Not anymore — it’s why Democrats usually overperform in special elections, with more devoted “every election” voters right now. Meanwhile, in the non-battlegrounds, which were more affected by the basic “mood music” of the election, Democrats were shellacked. The seeds of discontent with this version of the Democratic Party can be traced back a decade to Obama’s decision to anoint Hillary Clinton as his successor. Democratic presidential candidates Hillary Clinton and Sen. Bernie Sanders, I-Vt., at the CNN Democratic presidential primary debate in New York City on April 14, 2016.

Persons: inbox, It’s, Donald Trump, Devin Yalkin, doesn’t, Karl Rove, Barack Obama, Joe Biden’s, Biden, Bill Clinton, Obama, Clinton, Harris, Court's Dobbs, Dobbs, Trump, I’m, Kamala Harris, Morry Gash, hadn't, misfired, Deb Fischer, Dan Osborn, Osborn, Josh Shapiro, wasn’t, Harris wouldn’t, They’ve, Franklin D, Roosevelt, John F, Kennedy, Lyndon B, Johnson, Hillary Clinton, he’d, Sen, Bernie Sanders, Justin Sullivan, Democratic Party didn’t, Sanders, Bernie Bros, Joe Rogan, —, didn’t, nitpick, ”, Bob Dole, Al Gore, John Kerry, John McCain, Mitt Romney, What's, Elon, MAGA, Michael Dukakis Organizations: NBC, Trump, Democratic, Democratic Party, Biden, GOP, Democrats, Social Security, Senate, Electoral, Massachusetts Democrat, San, San Francisco Democrat, CNN Democratic, Clinton, Obama, Trump bros Locations: West Palm Beach, Fla, Plenty, “, Pennsylvania, Georgia, Arizona , Nevada , Michigan, Wisconsin, Madison, Wis, America, Texas, Massachusetts, San Francisco, New York City, Trump, Iowa, Clinton

The three remaining ministers of the Free Democrats resigned in response, leading to the downfall of the government coalition. Scholz is expected to lead the country with a minority government, but the opposition is calling for an immediate no-confidence vote. Tobias Schwarz / AFP - Getty Images fileScholz’s left-leaning Social Democrats will now effectively lead a minority government with the remaining coalition partner, the environmentalist Greens. Lindner’s pro-business Free Democrats had rejected tax increases or changes to Germany’s strict self-imposed limits on running up debt. Scholz’s Social Democrats and the Greens wanted to see major state investment and rejected the Free Democrats’ proposals to cut welfare programs.

Persons: Chancellor Olaf Scholz, Christian Lindner, Scholz, Volker Wissing, Lindner, Frank, Walter Steinmeier, ” Scholz, Olaf Scholz, Tobias Schwarz, Friedrich Merz, Merz, “, ”, ” Merz, Achim Wambach, Donald Trump Organizations: Free Democrats, German Finance, AFP, Getty, Social Democrats, Greens, Christian Democrats, German Bundestag, Scholz’s Social Democrats, Leibniz Center for European Economic Research Locations: Berlin, German, Germany, “, Europe

CNN —Germany’s governing coalition has collapsed after disagreements over the country’s weak economy led Chancellor Olaf Scholz to sack his finance minister. The coalition has been at loggerheads over how to revive Germany’s economy. What problems is Germany’s economy facing? Germany’s economy, Europe’s largest, shrank last year for the first time since the onset of the Covid-19 pandemic. Party leader Alice Weidel has already hailed the coalition’s collapse as a “liberation” for Germany.

Persons: Chancellor Olaf Scholz, Christian Lindner’s, Scholz, Donald Trump, Europe’s, Angela Merkel, Gerhard Schröder, Merkel, Christian Lindner, Christoph Soeder, Friedrich Merz, Lindner, Liesa Johannssen, “ Lindner, ” Lindner, ”, Carsten Brzeski, “, Robert Habeck, Annegret Hilse, Merz, Alice Weidel, ” Weidel Organizations: CNN, Free Democrats Party, Scholz’s Social Democratic Party, SPD, Green Party, CDU, Trump, Social Democratic Party, Greens, ING, Volkswagen, CDU –, Christian Democratic Union, Party Locations: Germany, Germany’s, Nazi, Thuringia, France, Italy, Ukraine, China, ”

☆ How a former unhoused New Yorker helps combat food insecurity in his city
▼ + stars: | 2024-11-07 | by ( Alaa Elassar | ) edition.cnn.com time to read: +17 min

New York City is experiencing its highest level of homelessness since the Great Depression, according to the non-profit group Coalition for the Homeless. Another New York non-profit, City Harvest, says nearly 1.3 million residents are food insecure, including 1 in 4 children, in America’s most populous city. Is there anyone on this train who’s hungry?” Thomas bellows from the center of the car. But with the number of unhoused and hungry people in New York City only growing, the task often feels daunting. The food is saving someone’s lifelong term, but for him I was helping him live, right there on the spot.”Henry Thomas distributes food in the New York City subway.

Persons: Henry Thomas, Thomas, ”, “, “ I’m, ” Carl Thomas, Julian Rigg, Carl, Rolando “ Divine ” Farrow, Farrow, who’s, –, Eric Adams, Kathy Hochul, Hochul, Adams, ” Adams, Thomas isn’t, ” Thomas, Henry, Carl Thomas, ‘ I’ve, Joe, Thomas ’, “ I’ve, ” Henry Thomas, he’s, Kendrick Lamar, someone’s, Thomas peeks Organizations: New, New York CNN, CNN, Homeless, Coalition, Food, Therapeutic, Gov, Nutrition Assistance, Women, of Social Services, Prevention, West, Penn Locations: New York, Herald, Yorkers, . New York City, America’s, Greeley, Park, Staten, Staten Island, New York City, Harlem, Midtown Manhattan, Senegal

Democrats called for a full party reckoning on Wednesday, as they attempted to pick up the pieces of their shattered organization a day after Vice President Kamala Harris’ loss to former President Donald Trump. Sen. Bernie Sanders, I-Vt., put out a statement blasting "big money interests and well-paid consultants who control the Democratic Party." "It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them," he said Wednesday. Brendan Smialowski / AFP via Getty Images“People needed to pick who was going to go after him,” the Harris ally said of prosecutors and Democrats. One Harris aide called for more diversity among decision-makers, pointing to a far too-white leadership makeup of Harris’ campaign and Biden’s former campaign.

Persons: Kamala Harris ’, Donald Trump, Joe Biden’s, It’s, ”, Nikki Budzinski, Sen, Bernie Sanders, Biden, Harris, Obama, “, impeaching, Brendan Smialowski, can’t, That’s, Trump, They’ve, Jen O’Malley Dillon, O’Malley Dillon, weren’t, prepping Harris, ‘, ’ ”, O'Malley Dillon, Harris ’, Sheila Nix, Julie Chavez Rodriguez, Cedric Richmond, Vermont Sen, Peter Welch, —, Welch, James Carville, Josh Shapiro, Gretchen Whitmer, JB Pritzker, Adam Jentleson, we’ve, what’s, ” Wade Randlett, “ Trump, Joe Biden, Joe, We’ve Organizations: Republicans, Trump, Illinois Democrat, Democratic Party, Democratic, Biden, Howard University, Wednesday, Getty, Democrat, Keystone Pipeline, America, Longtime, longtime Democratic Locations: Illinois, Trump, AFP, Vermont, Pennsylvania, Michigan, California

If González’s advantage over Dalmau prevails, the pro-statehood New Progressive Party would make history as the first in Puerto Rico to secure a third consecutive term. Back-to-back pro-statehood governors have held office in Puerto Rico since 2016, when Ricardo Rosselló was elected. Local political parties are largely divided based on the issue of Puerto Rico’s territorial status. An unprecedented shiftNo winner has been certified yet, Jessika Padilla, president of the Puerto Rico Elections Commission, said during a news conference early Wednesday. The Puerto Rico Elections Commission is so far reporting a 58% voter turnout in this year’s election.

Persons: Jenniffer, Juan Dalmau —, “, ” González, González, Dalmau, Ricardo Rosselló, Pedro Pierluisi, Rosselló’s, Wanda Vázquez, Kamala Harris, Donald Trump, ” Gonzalez, Maria, Jessika Padilla, Jesús Manuel Ortiz, Ortiz, Fernando Rivera, Puerto Ricans, Harris Organizations: New Progressive Party, Puerto Rican Independence Party, Citizens, Puerto Ricans, Puerto, Puerto Rico Elections Commission, Local, Trump Cabinet, Popular Democratic Party, Dalmau, “ Alianza ”, Puerto Rico Research, University of Central, Trump, Democratic, Republican Locations: Puerto Rico, Puerto, González, “ Puerto Rico, Puerto Rican, Dalmau, University of Central Florida, U.S

Arizona voters on Tuesday approved an amendment enshrining abortion rights in the state constitution, NBC News projects. A fundamental right to abortion is part of the Arizona Constitution once and for all. In April, the conservative-leaning Arizona Supreme Court ruled to reinstate a near-total ban on abortion from 1864. Arizona for Abortion Access, the coalition of reproductive rights organizations behind the ballot effort, had shattered the record for the number of valid signatures gathered for a ballot initiative in the state. Constitutional amendments to enshrine abortion rights were on the general election ballots in nine other states Tuesday: Colorado, Florida, Maryland, Missouri, Montana, Nebraska, Nevada, New York and South Dakota.

Persons: it’s, Chris Love, Roe, Wade, Katie Hobbs Organizations: NBC, Arizona Constitution, Arizona Supreme, Republicans, Democratic, Republican, Abortion Locations: Arizona, U.S ., Colorado , Florida , Maryland , Missouri, Montana , Nebraska , Nevada , New York, South Dakota

☆ German Chancellor Olaf Scholz fires Finance Minister Christian Lindner, leaving ruling coalition in disarray
▼ + stars: | 2024-11-06 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Chancellor Olaf Scholz announced Wednesday he had dismissed Finance Minister Christian Lindner, possibly bringing an end to Germany's ruling coalition after months of political wrangling. The three-year-old union between Scholz's Social Democratic Party (SPD), the Greens and Lindner's Free Democratic Party (FDP) has been on shaky ground for some time, with differing budget and economic policy positions causing tensions and clashes. It wasn't immediately clear if Lindner's departure would lead to the FDP exiting the coalition. Scholz said he would call for a vote of no confidence on Jan. 15 in parliament, raising the possibility of elections earlier than scheduled in March. But that is precisely not Christian Lindner's focus right now, he is focused on his own clientele."

Persons: Olaf Scholz, Christian Lindner, Scholz, Lindner Organizations: Scholz's Social Democratic Party, SPD, Greens, Lindner's Free Democratic Party, Green

CNN —German Chancellor Olaf Scholz fired his finance minister on Wednesday, leaving the government teetering on the brink of collapse. In a televised address, Scholz said he had dismissed Finance Minister Christian Lindner saying it “was necessary to prevent harm to our country.”The firing came after days of political negotiation between Scholz, Lindner, and Robert Habeck of the Green party, who is both the vice-chancellor and the economics minister. Scholz told the press conference Wednesday that “Lindner showed no willingness to implement any of our proposals” and, therefore, “there is no trust basis for any future cooperation” with the outgoing finance minister. The Chancellor also accused the finance minister of being “not about serving the common good but about serving his own clientele and party.”According to Scholz, Lindner will also be dismissed by the country’s President Frank-Walter Steinmeier. “After the US elections we need to show we can be relied on,” Scholz said, adding that “great financial room for maneuver” is needed given the challenges that Germany faces.

Persons: Olaf Scholz, Scholz, Christian Lindner, “, Lindner, Robert Habeck, “ Lindner, Frank, Walter Steinmeier, ” Scholz Organizations: CNN, Green Locations: Germany

CNN —German Chancellor Olaf Scholz fired his finance minister on Wednesday, leaving the government teetering on the brink of collapse. “The economy cannot wait until after the elections,” Scholz said. Trading barbsThe German chancellor and Lindner criticized each other in separate press conferences on Wednesday. Scholz told reporters “Lindner showed no willingness to implement any of our proposals” and, therefore, “there is no trust basis for any future cooperation” with the outgoing finance minister. The Chancellor also accused the finance minister of being “not about serving the common good but about serving his own clientele and party.” According to Scholz, Lindner will also be dismissed by the country’s President Frank-Walter Steinmeier.

Persons: Olaf Scholz, Scholz, Christian Lindner, “, – Scholz, Lindner, Robert Habeck, Trump, Habeck, Friedrich Merz ’, ” Scholz, Germany’s, Chancellor Gerhard Schroder, Angela Merkel, “ Lindner, Frank, Walter Steinmeier, Alice Weidel Organizations: CNN, Social Democratic Party, Free Democratic Party, Green Party, Lindner’s Free Democratic Party, Greens, Christian Democratic Union, CDU Locations: Germany, Nazi

CNN —Israeli Prime Minister Benjamin Netanyahu has fired Defense Minister Yoav Gallant after months of clashes over domestic politics and Israel’s war efforts. In a recorded statement Tuesday evening, Netanyahu said that “trust between me and the minister of defense has cracked.”Israel Katz, currently the foreign minister, will become defense minister. Gideon Sa’ar will replace Katz as foreign minister, the prime minister’s office said Tuesday. Thomas Koehler/picture-alliance/dpa/APSa’ar, whom Netanyahu has tapped for foreign minister, is thought to be an influential interlocutor to the ultra-Orthodox parties. I will not facilitate this.”Netanyahu said he would fire the defense minister, but reversed his position following pressure.

Persons: Benjamin Netanyahu, Yoav Gallant, Netanyahu, ” Israel Katz, Gideon Sa’ar, Katz, Gallant, Lloyd Austin, ” Netanyahu, “, ”, Bibi, ” Gallant, Israel Katz, Thomas Koehler, ensnare Netanyahu, Itamar Ben Organizations: CNN, Israeli, US, Israel Defense Forces, ” Israel's, AP, National, Hamas Locations: United States, Israel, Iran, Jerusalem, Tel Aviv, Gaza, Egypt

☆ Germany's government is on the brink of collapse — here’s what could happen now
▼ + stars: | 2024-11-04 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +4 min

Holger Schmieding, chief economist at Berenberg, noted that the three coalition partners have been acting "as if they were preparing to campaign against each other soon." Separately, the Green party's Robert Habeck, who is Germany's economy minister, proposed a policy plan to stimulate business investment that was criticized by the FDP. The Lindner paperAnother escalation took place on Friday, when Finance Minister Christian Lindner published a paper about reviving the struggling German economy. "The paper reads like a serious attempt to analyze Germany's problems and propose solutions. A hotly contested budgetA recent key issue within the coalition has been Germany's budget for 2025 — a topic that also features heavily in Lindner's paper.

Persons: Christian Lindner, Robert Habeck, Olaf Scholz, Sean Gallup, Chancellor Olaf Scholz's, Carsten Brzeski, Holger Schmieding, Scholz, Lindner, Greg Fuzesi, Morgan, Fuzesi, Berenberg's Schmieding Organizations: Climate, Bundestag, Getty, Chancellor Olaf Scholz's Social Democratic Party, SPD, Greens, Free Democratic Party, ING, FDP, Green, ZDF Locations: Berlin, Germany

Over the past seven decades, Puerto Rico has been governed by the pro-statehood New Progressive Party, currently in office held by Gov. This year, however, the candidate from the Puerto Rican Independence Party, a minority party that advocates for the island’s independence from the U.S., has had a breakthrough. Independence Party candidate Juan Dalmau has gained enough momentum to have a fighting chance at defeating Jenniffer Gonzalez, the candidate from the incumbent pro-statehood party, and relegating the candidate from the Popular Democratic Party, Jesús Manuel Ortiz, to third place. As a result, Congress passed the PROMESA law in 2016 to create a federally appointed fiscal oversight board to allow Puerto Rico to restructure its debt. In addition to this, Puerto Rico was hit by devastating natural disasters that include 2017’s Hurricane María and a series of earthquakes in 2020 and the pandemic.

Persons: Pedro Pierluisi, Juan Dalmau, Jenniffer Gonzalez, Jesús Manuel Ortiz, he's, Carlos Vargas, Ramos, Puerto Ricans, Ricardo Rosselló, Cristina Rodríguez, “, Rodriguez, Ortiz, Miguel Hernández, there's, Castro, ”, González, Jorge Schmidt Nieto, Schmidt Nieto, Pierluisi, Kamala Harris, Donald Trump, Harris, Tony Hinchcliffe’s, Puerto, Dalmau, Charles Venator, wouldn't, Javier Jiménez Organizations: New Progressive Party, Gov, Popular Democratic Party, Puerto Rican Independence Party, Independence Party, Puerto Ricans, Alianza, Citizens, Center, Puerto Rican Studies, Hunter College, Puerto Rican, Islanders, Puerto Rico, “ Alianza ”, Avid, Housing, U.S, University of Puerto, González, Puerto Rico's Center, Investigative Journalism, of Justice, Puerto Rico’s nonvoting, Popular Democratic, Trump, University of Connecticut Locations: Puerto Rico, U.S, Puerto, New York, Puerto Rican, Puerto Ricans, Alianza, Cuba, University of Puerto Rico, Mayagüez, Dalmau, Santiago, Venator

☆ Japan's political instability could cloud economic policy, herald 'revolving door' of prime ministers
▼ + stars: | 2024-10-29 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

Amember of staff hands flyers with picture of Japan's Prime Minister Shigeru Ishiba before his election campaign speech in Tokyo on October 26, 2024. Voters delivered a "harsh judgement" to the LDP, in the words of Prime Minister Shigeru Ishiba. Following that result, parties have 30 days to try to form a coalition government and pick a prime minister. It's still unclear what the exact makeup of a coalition government could look like, clouding the outlook for both economic policy and Ishiba's fate. Thong predicted there will be no significant changes to the country's defense policy, although he pointed out that "a major increase in [defense] exports may be challenging."

Persons: Shigeru Ishiba, Yuichi Yamazaki, It's, William Pesek, CNBC's, Damian Thong, Thong, Fumio Kishida, Masahiko Loo Organizations: Japan's, Afp, Getty, Liberal Democratic Party, Voters, Trump, Macquarie Capital, State Street Global Advisors Locations: Tokyo, Japan

The base GOP voters Trump is most focused on aren’t necessarily the same voters who are key to the coalition Snyder is trying to build. Gretchen Whitmer, and two-seat majorities in both the state House and the state Senate (Democrats also hold a majority on the state Supreme Court). “The only advantage they have is old notions,” Whitmer said last week at her own event to support state House candidates in Oakland County. All the districts he’s targeting “can swing either way,” Snyder said. Rick Snyder is openly trying to get MAGA extremists elected to the state House,” Kubitschek said.

Persons: Rick Snyder, ” Snyder, “, Donald Trump, There’s, Snyder, Kamala Harris, Fred Upton, Trump, Peter Meijer, ”, Tommy Brann, ” Paul Hudson, Hillary Scholten, Meijer, “ I’ve, ” Hudson, Mike Rogers, ’ “, Gretchen Whitmer, Whitmer, —, ” Whitmer, Geoff Robins, Joe Biden, I’ve, ‘, ’ ” Snyder, Ron Robinson, Tom Kuhn, Tommy Kubitschek, Snyder’s, It’s, MAGA, ” Kubitschek, Jennifer Conlin, Ann Organizations: Michigan Gov, GOP, Republicans, Trump, Republican, NBC News, White, Michigan’s Republican U.S, Senate, Democratic, Michigan, Getty, Pepsi, Michigan ”, Council, Brann, Affordable, Democrats, Michigan Democratic Party, ”, Republican Party Locations: WYOMING, Mich, —, Michigan, There’s, Grand, Detroit, Battle, Traverse City, Grand Rapids, ”, Lansing, Oakland County, Flint, AFP, Utica, Troy, Ann Arbor

☆ Japan’s government in flux after election gives no party majority
▼ + stars: | 2024-10-28 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

TOKYO — The makeup of Japan’s future government was in flux on Monday after voters punished Prime Minister Shigeru Ishiba’s scandal-tainted ruling coalition in a weekend election, leaving no party with a clear mandate to lead the world’s fourth-largest economy. The biggest winner of the night, the main opposition Constitutional Democratic Party of Japan (CDPJ), had 148 seats, up from 98 previously, but also still well short of the 233 majority. But days before the vote, a newspaper affiliated with the Japan Communist Party reported that the party had provided campaign funds to branches headed by non-endorsed candidates. “LDP’s payments to branches show utter lack of care for public image,” ran an editorial in the influential Asahi newspaper two days before the election. In one bright spot, a record 73 women were elected into Japan’s male-dominated parliament, surpassing 54 at the 2009 election.

Persons: Shigeru Ishiba’s, “, Ishiba, Komeito, Keiichi Ishii, ”, Tobias Harris, Yoshihiko Noda, Fumio Kishida, Yuichiro Tamaki, Nobuyuki Baba, Rintaro Nishimura, Masakazu Tokura Organizations: U.S, Ishiba’s Liberal Democratic Party, Constitutional Democratic Party of Japan, Japan Foresight, LDP, Japan Communist Party, Asahi, Democratic Party for, People, Japan Innovation Party, DPP, Bank of Japan, Asia, Komeito Locations: TOKYO, China, North Korea, Japan

☆ Yen slips as Japan's election result clouds BOJ rate hike prospects
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +3 min

The yen touched a three-month low on Monday as Japan's ruling coalition lost its parliamentary majority and investors figured that would likely slow future interest rate hikes, while the dollar headed for a monthly gain on rising U.S. yields. On the dollar, the yen hit its weakest since late July at 153.3 in early-morning trade and it touched the same milestone at 165.36 to the euro . That was down from the 279 seats they held previously and marked the coalition's worst result since it briefly lost power in 2009. The U.S. dollar index has climbed 3.6% during October, its sharpest monthly rise since April 2022. The New Zealand dollar traded near a three-month low of $0.5974, down nearly 6% for the month.

Persons: Shigeru Ishiba's, Komeito, Donald Trump, Sterling Organizations: Shigeru Ishiba's Liberal Democratic Party, NHK, Bank of Japan, Nomura, U.S, gilts, Australian, New Zealand Locations: Japan, U.S, Europe, Australia, China

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