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But for the first time in recent political memory, the 2024 presidential race has left Florida as a comparative afterthought. It used to be …presidential elections, we would be on a razor’s edge about the state of Florida,” Gov. “With the work we have been doing and the grassroots momentum, Florida is competitive in 2024,” Florida Democratic Party Communications Director Eden Giagnorio said. They use Nikki Fried’s make-believe volunteer numbers," he said, referring to the Florida Democratic Party chairwoman. Last week, Harris campaign allies also started it “Fighting for Reproductive Freedom” bus tour in Florida, a starting line Democrats hyped as a sign of national relevance.
Persons: Ron DeSantis, Joe Biden’s, Donald Trump, , Eden Giagnorio, Paul Hennessy, Trump, Harris, Evan Power, Nikki Fried’s, Danielle Alvarez, , Matt Dixon, “ It’s, Kamala Harris, Steve Schale, ” Schale, ” Harris, Biden, Doug Emhoff Organizations: , Republican, Electoral, Democrats, Florida, Democratic, Cook, Florida Democratic Party, ” Florida Democratic Party Communications, Florida’s, Republican Party of Florida, Florida Democratic, “ Trump, NBC, Trump, Veteran Florida Democratic Locations: TALLAHASSEE, Fla, Florida, South Florida, ” Florida, Ron DeSantis , Florida, Orlando, Jacksonville
Early voting is underway for Florida’s Aug. 20 primaries, and Mucarsel-Powell and Scott face nominal competition for their party's nominations. The November elections will be a test on where Florida Democrats stand after devastating losses in the midterm elections. A focus on abortion rightsMucarsel-Powell is making abortion rights a key issue in the race. Some abortion rights advocates have pushed back on politicizing the issue. Tim Walz, are vocal supporters of abortion rights and IVF and fertility treatment access and have made the issue a campaign priority.
Persons: Debbie Mucarsel, Powell, Mucarsel, Sen, Rick Scott, that’s, Scott, , Elia, Dimitris Harvalis, Carmen Sesin, Carlos Gimenez, Giffords, Gabrielle Giffords, Democrat Catherine Cortez Masto, Eduardo Gamarra, Gamarra, Bill Nelson, GovTrack, Scott’s, Nancy Pelosi, Ilhan Omar, Will Hampson, Hillsborough Community College Dale, Thomas Simonetti, Joe Biden’s, Donald Trump, Kamala Harris, Joe Biden, Ron DeSantis, Republican Sen, Marco Rubio, , It’s, “ It’s, That’s, Tim Walz, Harris, it’s Organizations: U.S, Senate, Republican, America, Public, University of North, Florida’s, NBC, Ecuadorian, Rep, Latina, U.S . Senate, Democrat, Florida International University, Republicans, Democratic, Hillsborough Community College, Hillsborough Community College Dale Mabry, Bloomberg, Getty, Democrats, Florida Democrats, Gov, Miami, Dade, , Minnesota Gov, FIU Locations: Fla, Florida, Mucarsel, University of North Florida, Miami, Dade, Ecuadorian American, American, Ecuador, Nevada, Tampa, Venezuela, Cuba, Latin America, Dade County, North Carolina, Virginia
And they know you’re going to act so they won’t mess with you. Put it in somebody else’s mouth because it was AI mean, it didn’t sound like Joe Biden to me. I think you’re I think you’re underselling this a little bit. And if they don’t, I’m going to keep my promise and send them 100 powdered wigs because they’re just living in a different era. All these other politicians, these career politicians didn’t know how to make a good deal.
Persons: Nancy Pelosi, Harris, Tim Walz, Al Gore, They’re, he’s, Joe Biden, Obama, Walz, Donald Trump, it’s, Trump, Said, JD Vance, Kamala Harris, Gavin Newsom, Ro Khanna, Scott Wiener, haven’t, Liam McCarthy, Willie Brown, George Moscone, Leo, Dianne Feinstein, It’s, Kamala, she’s, let’s, Suzan, You’ll, That’s, you’ll, I’m, that’s, We’re, I’ve, He’s, what’s, Bob Dole, George Bush, Svetlana, they’re, Scott Brown, Ted Kennedy’s, Ted Kennedy, Scott Brown’s, We’ve, you’re, Bill, Harry, Harry Reid, Pelosi, John Boehner, you’ve, Weaver, that’s O.K, Kevin McCarthy, kaka, Bernie Sanders, Sanders, Ted Cruz, Let’s, Barney Frank, Bill I, Steny Hoyer, don’t, You’re, John Dingell, Roe, Ira, Biden, McCarthy, o’clock, Wade, Kathy Manning of, Kathy Manning, didn’t, America’s, Republicans can’t, You’ve, Mary Barra, Steph Curry, Elton John Bono, Bill Gates, ain’t, Abraham, Little, Hillary, Norman Lear, Umberto, Gabriel Garcia Marquez’s, I’ll, Darwin, Lincoln Organizations: Democratic Party, Democratic, Republican, Veterans Affairs, Trump, Republicans, Democrat, San, Cal Stanford, University of San, Morning, NATO, Affordable, Senate, White House, California Democratic Party, Technology Committee, North, Global, Abraham Accords, Rogue, Republican Party Locations: America, Minnesota, San Francisco, University of San Francisco, United States, It’s, Belarus, Massachusetts, California, Iraq, Idaho, Italian, Kathy Manning of North Carolina, China, Sudan, Michigan, Arizona, David, South, Baltimore
Myanmar’s junta has lost communications with senior officers at a major military base near the Chinese border, in a rare admission of battlefield failure after rebels announced they had taken control of the key regional army headquarters. Junta troops have been unable to contact an undisclosed number of officers at the besieged northeastern regional command, military spokesman Zaw Min Tun said Monday, following weeks of intense fighting in and around the town. “The rapid fall of the Myanmar army’s Northeastern Command makes it fully clear to the ranks of the resistance and to neighboring countries just how weak the Myanmar military has become,” said Jason Tower at the United States Institute of Peace. “For Min Aung Hlaing, the implications are existential,” he said, referring to the embattled junta chief. “We will also continue to fight as allies until the military falls,” said the statement from the Kachin, Karen and Chin groups.
Persons: Zaw Min Tun, , Myanmar’s, “ MNDAA, Lashio, Jason Tower, Aung, , Chin Organizations: Myanmar National Democratic Alliance Army, Junta, Northeastern Command, Myanmar, United States Institute of Peace, Sunday Locations: Lashio, , Shan, Beijing, China, Myanmar, Thai, Kachin
Business leaders are sharing their thoughts on Kamala Harris tapping Tim Walz as her VP pick. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! Tim Walz as her running mate, a decision that brings onboard a Midwesterner and former public school teacher to the national Democratic ticket. This story is available exclusively to Business Insider subscribers.
Persons: Kamala Harris, Tim Walz, Mark Cuban, Reid Hoffman, Walz, Elon Musk, , he's, Vance Organizations: Service, Minnesota Gov, Democratic, GOP, Business Locations: Nebraska
This combination of pictures shows Vice President Kamala Harris in Washington, DC on July 22, 2024, and Governor of Minnesota Tim Walz in Washington, DC, July 3, 2024. In a campaign that is playing out on a turbo-charged timeline, both camps have a narrow window to shape how voters view Harris' running mate. The Kamala Harris and Donald Trump presidential campaigns on Tuesday raced to push out dueling portraits of newly announced Democratic running mate, Minnesota Gov. Minnesota Governor Tim Walz speaks with union organizers before they march on businesses in downtown Minneapolis on October 14, 2022 in Minneapolis, Minnesota. "Just like Kamala Harris, Tim Walz is a dangerously liberal extremist, and the Harris-Walz California dream is every American's nightmare."
Persons: Kamala Harris, Minnesota Tim Walz, Harris, Tim, Walz, Donald Trump, Tim Walz, Roe, Wade, Walz's, Harris veepstakes, Jane Mayer, Trump, Karoline Leavitt, " Walz, Leavitt, Sara Craig, Rep, Byron Donalds, Kellyanne Conway, Sen, JD Vance, Vance Organizations: National, Marist, Tuesday, Democratic, Minnesota Gov, Minnesota, Republican, New Yorker, San, West Coast, Golden, Republican Governors Association, Democrats, Democrat, Fox News, Trump Locations: Washington , DC, Minnesota, Minneapolis, Minneapolis , Minnesota, America, San Francisco, Golden State, Walz California, lockstep, Ohio
Displaced people fleeing fighting in Lashio try to cross the flooded road to Taunggyi in Myanmar's northern Shan state on July 9, 2024. For Lashio to fall, “it basically eliminates the junta as an effective organized force from a huge part of the country,” Ruser said. The road on the way was badly damaged,” he said as he traveled to Taunggyi, the Shan state capital some nine hours south of Lashio. People queue for food at a monastery turned temporary shelter for internally displaced people in Lashio, Shan state on November 15, 2023. There were also reports in local media that the junta had ordered its staff to leave Lashio as fighting got closer.
Persons: Khin, ” Khin Swe, , , Lashio “, Zaw Min Tun, Lashio, Stringer, Nathan Ruser, ” Ruser, Swe, Khin Swe, , Arakan Army –, “ They’re, Miemie Winn Byrd, Daniel K, Inouye, ” Byrd, “ I’m, Min Aung, I’m, they’re Organizations: CNN, Northeastern Military Command, Myanmar National Democratic Alliance Army, Junta, Getty, Analysts, Australian Strategic Policy Institute, “ Artillery, Facebook, Rebels, Three Brotherhood Alliance, People’s Defence Force, National Liberation Army, Arakan Army, US Army, Pacific Center for Security, Brotherhood Alliance Locations: Myanmar, Lashio, Shan, Zaw, Taunggyi, AFP, Zin Ann, Hsipaw, Mandalay, Arakan, Inouye Asia
Read previewWhoever emerges as Vice President Kamala Harris' running mate has the potential to dramatically reset the 2024 presidential race. AdvertisementShould Harris select Walz, it'd indicate her intent to compete hard in the key battlegrounds of Michigan, Pennsylvania, and Wisconsin. But even when Biden was still in the race, Walz zeroed in on Vance. Walz then described both Vance and Trump as "robber barons" who have done more harm than good to the Midwest. Vice President Kamala Harris is expected to select her running mate ahead of the Democratic National Convention.
Persons: , Kamala Harris, Donald Trump, Ohio Sen, JD Vance, Joe Biden's, Harris, who's, Tim Walz, Walz, who'd, it'd, Vance, Trump . Walz, Biden, Walz zeroed, " Walz, Trump, he's, Jim Vondruska, counteracts Harris, It's Organizations: Service, Ohio, GOP, Business, Democratic, Minnesota Gov, Trump, Sun, Midwest, Democratic National Convention, Democrats, Republicans, Republican National Convention, , CNN Locations: Minnesota, Nebraska, Michigan , Pennsylvania, Wisconsin, Midwest, Vance, America, Michigan, Pennsylvania, Arizona , Georgia, Nevada, North Carolina, San Francisco Bay, Illinois , Indiana , Michigan , Ohio
A political scion with the most famous last name in Kentucky Democratic politics, Andy Beshear, the affable, aw-shucks governor, is best known around the state for showing up. He met with families and held daily briefings after tornadoes tore through western Kentucky and flooding drowned eastern parts of the state. This boundless public schedule helps explain why Mr. Beshear is one of the rarest politicians in the country: a two-term Democratic governor in a deeply red, and deeply rural, state. Now Mr. Beshear is squarely in the mix of potential running mates for Vice President Kamala Harris, who is considering several white, male Democrats who have proven their ability to attract moderate voters. He has said he received one of the first calls she made after President Biden dropped out.
Persons: Andy Beshear, Andy, Beshear, tantalizing, Kamala Harris, Biden Organizations: Kentucky Democratic, Democratic, Democrats Locations: Kentucky
But the race between Vance and Ryan remained extremely competitive until the end, even as other statewide Republicans had easy victories that year. While Vance won the race that November, the extent of his struggles was on full display on election night. AdvertisementRyan was undoubtedly a strong candidate, but Vance's underperformance relative to other Ohio Republicans was quite stark. But in urban and suburban communities across Ohio, Vance was swamped by Ryan in the Senate race. In the Cincinnati area, where Vance lives, Ryan won populous Hamilton County by nearly 16 points.
Persons: , Donald Trump, Sen, JD Vance, Vance, Trump, Tim Ryan, Ryan, Ohioan Sen, Sherrod Brown, Joe Biden, Mike DeWine, Dayton Mayor Nan Whaley, Dave Yost, Frank LaRose, DeWine's coattails, Ukraine — Vance, Roe, Wade —, Mitch McConnell of, John Thune of, Republicans aren't Organizations: Service, Ohio Republican, GOP, Democratic, Business, Republicans, Democrats, Ohio, Buckeye State, Republican, Dayton Mayor, Ohio Republicans, Independents, Senate, Ukraine Locations: Ohio, Mahoning, Michigan , Wisconsin, Pennsylvania, exurban, Cincinnati, Hamilton County, Franklin County, Columbus, Cuyahoga County, Cleveland, The Ohio, Ukraine, Sens, Mitch McConnell of Kentucky, John Thune of South Dakota, Trump, Rust
New Jersey businessman and co-owner of The Philadelphia Inquirer, George Norcross walks to Judge Patricia McInerney's courtroom at City Hall in Philadelphia. The New Jersey Democratic power broker charged with racketeering by the state attorney general pleaded not guilty Tuesday to charges he threatened people whose properties he sought to take over and orchestrated tax incentive legislation to benefit organizations he controlled. "My client emphatically states that he is not guilty," Norcross' attorney Michael Critchley told Judge Peter Warshaw. A longtime kingmaker in southern New Jersey, Norcross often wielded influence through back channels. His brothers are lobbyist and co-defendant Philip Norcross — who pleaded not guilty on Tuesday as well — and U.S. Rep. Donald Norcross, a former state legislator who is not charged.
Persons: George Norcross, Patricia McInerney's, George E, Norcross, Matt Platkin's, Michael Critchley, Peter Warshaw, hasn't, Warshaw, Sen, Bob Menendez, He's, Donald Trump's Mar, Steve Sweeney, Philip Norcross —, Donald Norcross, William M, Camden Mayor Dana L, Redd, John J, O'Donnell, Sidney R, Brown, Menendez Organizations: Philadelphia Inquirer, Hall, The New, The New Jersey Democratic, Court, Democratic, U.S, Norcross, Democratic National Committee, Democrats, He's, New, New Jersey Democrats, U.S . Rep, Camden Community Partnership, Camden Mayor Locations: Jersey, Philadelphia, The, The New Jersey, Mercer County, New York, Camden , New Jersey, Camden, Delaware, Palm Beach , Florida, New Jersey
Mary Riche, 76, is a devoted member of the Democratic Party faithful. She isn’t an elected politician or a highly paid party operative, but a loyal part of the rank and file who has supported state and national Democrats since the 1970s, hosted fund-raisers in her Iowa home and enthusiastically knocked on doors for candidates. On Thursday night during the first presidential debate of the campaign, she was watching television and texting with her “posse,” a close circle of Democratic friends. “Finally, I just posted the crying emoji,” she said in a coffee shop in Des Moines on Friday. “I was embarrassed that my candidate was appearing as if he was incoherent.
Persons: Mary Riche, isn’t, , , Biden, Donald J, Trump, Mr Organizations: Democratic Party, Democrats Locations: Iowa, Des Moines
One of the field’s top fund-raisers, Krystle Kaul, faces charges of embellishing her résumé well beyond the usual flourishes of a political campaign. Ms. Filler-Corn was the first woman and first Jewish speaker of the Virginia State House. Mr. Helmer is a Rhodes scholar and an Army veteran who served in Afghanistan, Iraq, and as a member of the Virginia House. Then last week, an anonymous Democratic official, speaking through her lawyer, accused Mr. Helmer of groping her and later making sexually crude remarks. “That would be presumptuous.”Democratic voters in the district peppered by texts attacking Mr. Helmer could be forgiven if they do not know where to turn.
Persons: Dan Helmer, Eileen, Krystle Kaul, Suhas Subramanyam, Jennifer Wexton, Subramanyam, Helmer, Barbara Comstock, Donald J, Trump, Mr, , Ms, Wexton, Helmer of groping, Kaul, Michele Davis Younger, , Will Reinert, Subramanyam’s, Aliscia Andrews, Alexander Isaac, Avram Fechter Organizations: Congressional, Democratic, Senate, Republican, Virginia State House, Army, Virginia State House Democrats, Washington Post, Loudoun County Democratic Party, National Organization for Women, , Republicans, Democrat, National Republican Congressional, ” Democratic, Virginia Democratic, Federal, Commission, PAC, United States Central Command, Department of Defense, Marine Corps, Loudoun County Democratic Locations: Washington, Israel, Virginia, Rhodes, Afghanistan, Iraq, Democratic, Loudoun County, Va
Read previewThe Democratic National Committee is spending nearly $2 million in additional targeted state investments to boost down-ballot candidates and fund critical voter registration efforts ahead of November. In South Dakota, national Democrats are investing $70,000 in a critical voter registration program to boost turnout among Native Americans. The DNC is also investing additional money for state parties in Colorado, Kansas, Maryland, Minnesota, Nebraska, New Mexico, Texas, Utah, and Washington State. AdvertisementSome of the key down-ballot races the national party will target with the funding are the Maryland Senate contest between Democrat Angela Alsobrooks and former GOP Gov. In Texas, the national party will spend an additional $45,000 on organizing efforts to boost voter registration before the fall.
Persons: , Joe Biden, Jaime Harrison, Donald Trump, Harrison, Angela Alsobrooks, Larry Hogan, Gabe Vasquez, Yvette Herrell, Colin Allred's, Ted Cruz, The Trump Organizations: Service, Democratic National Committee, Business, Republicans, DNC, Indiana Democrats, Washington State, Maryland Senate, GOP Gov, New, Congressional, Democratic, GOP, Republican National Committee, RNC Locations: Indiana, South Dakota, Colorado , Kansas , Maryland, Minnesota , Nebraska, New Mexico , Texas , Utah, Maryland, New Mexico, In Texas, Texas, Manhattan, Montana and Ohio
Modi is sworn in for a rare third term as India’s prime minister
  + stars: | 2024-06-09 | by ( ) www.cnbc.com   time to read: +3 min
Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. NEW DELHI — Narendra Modi was sworn in Sunday for a rare third consecutive term as India's prime minister, relying on his coalition partners after his party failed to win a parliamentary majority in a surprise outcome. The 73-year-old popular but polarizing leader is only the second Indian prime minister after Jawaharlal Nehru to retain power for a third five-year term. An avowed Hindu nationalist, the prime minister is considered a champion of the country's Hindu majority, who make up 80% of India's 1.4 billion population. Several South Asian leaders attended the swearing-in ceremony Sunday, including Bangladesh Prime Minister Sheikh Hasina, Sri Lankan President Ranil Wickremesinghe, Nepalese Prime Minister Pushpa Kamal Dahal and Maldives President Mohamed Muizzu.
Persons: Narendra Modi, Modi, Droupadi Murmu, Jawaharlal Nehru, he's, Sheikh Hasina, Ranil Wickremesinghe, Pushpa Kamal Dahal, Mohamed Muizzu, Muizzu Organizations: Indian, Bharatiya Janata Party, BJP, NEW, Modi's National Democratic Alliance, Modi's BJP, Telugu Desam Party, Janata Dal, INDIA, Bangladesh Locations: New Delhi, India, Andhra Pradesh, Bihar, Sri, Maldives, China
Narendra Modi begins third term as India's prime minister after election victory. Modi's Bharatiya Janata Party won 240 seats, forming a coalition for a parliamentary majority. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNarendra Modi has been sworn in for a third term as India's prime minister after winning the election but losing a parliamentary majority on Friday. Modi, 73, has been forced to form a coalition government as leader of the BJP-led National Democratic Coalition, which together controls 293 seats.
Persons: Narendra Modi, , Modi Organizations: Modi's Bharatiya Janata Party, Rashtrapati Bhavan, Service, Bharatiya Janata Party, BJP, National Democratic Coalition, Business Locations: New Delhi
Where India Turned Against Modi
  + stars: | 2024-06-07 | by ( Agnes Chang | Mujib Mashal | Pablo Robles | ) www.nytimes.com   time to read: +8 min
lost New Delhi Uttar Pradesh Rajasthan Kolkata ODISHA Maharashtra Mumbai Visakhapatnam ANDHRA PRADESH Bangalore Andaman Islands KERALA Seats N.D.A. lost New Delhi Uttar Pradesh Kolkata Maharashtra Mumbai Visakhapatnam ANDHRA PRADESH Bangalore Andaman Islands KERALA Seats N.D.A. Uttar Pradesh Uttar Pradesh 2019 2024 Ghaziabad Ghaziabad Lucknow Lucknow Ayodhya Ayodhya Kanpur Kanpur Varanasi Varanasi Opposition N.D.A. Opposition Other +8 +16 Ghaziabad Lucknow Ayodhya Kanpur Varanasi 2019 Uttar Pradesh Ghaziabad Lucknow Ayodhya Kanpur Varanasi 2024 Uttar Pradesh Margin of victory, in pct. Opposition Other +8 +16 +8 +16 +8 +16 Nagpur Mumbai Pune 2019 maharashtra Nagpur Mumbai Pune 2024 maharashtra Margin of victory, in pct.
Persons: Narendra Modi, Modi, Modi’s, , N.D.A Organizations: Bharatiya Janata Party, B.J.P, Congress, National Democratic Alliance Locations: India, New Delhi Uttar Pradesh Rajasthan Kolkata, Maharashtra Mumbai Visakhapatnam ANDHRA PRADESH Bangalore Andaman, KERALA, New Delhi Uttar Pradesh Kolkata Maharashtra Mumbai Visakhapatnam ANDHRA PRADESH Bangalore Andaman, New Delhi Uttar Pradesh Kolkata Maharashtra Mumbai ANDHRA PRADESH Bangalore KERALA, Maharashtra, West Bengal, Uttar Pradesh, India’s, Uttar Pradesh Uttar Pradesh, Ghaziabad Lucknow Lucknow Ayodhya Ayodhya, Varanasi Varanasi, Ghaziabad Lucknow Ayodhya Kanpur Varanasi, Ayodhya Kanpur Varanasi, Ayodhya, Mumbai, maharashtra maharashtra, Nagpur Nagpur Mumbai Mumbai Pune Pune, Nagpur Mumbai Pune, maharashtra Nagpur Mumbai Pune, maharashtra, Andhra Pradesh, Kerala, Telangana, Odisha
Indian Prime Minister Narendra Modi's National Democratic Alliance (NDA) formally named him on Wednesday to lead a new coalition government for a third straight term, a day after it regained power with a surprisingly slim majority. Indian Prime Minister Narendra Modi's National Democratic Alliance formally named him on Wednesday to lead a new coalition government for a third straight term, a day after it regained power with a surprisingly slim majority. The BJP-led NDA won 293 seats in the 543-member lower house of parliament, more than the simple majority of 272 seats needed to form a government. The INDIA alliance led by Rahul Gandhi's centrist Congress party won 230 seats, more than forecast. Separately, leaders of the INDIA alliance that comprises over two dozen parties also met at the residence of Congress President Mallikarjun Kharge in Delhi.
Persons: Narendra Modi's, Modi, Rahul Gandhi's, Droupadi Murmu, Mallikarjun Kharge, Kharge Organizations: Indian, Narendra Modi's National Democratic Alliance, Bharatiya Janata Party, INDIA, BJP Locations: Indian, Delhi
It's why the election results have been a shocking blow to Modi and the BJP despite them winning. The result was especially humbling for Modi because the NDA was projected to slam-dunk the election with a whopping 400 seats. And with uncertainty hanging over the BJP's hold on power, questions are growing about what India's policies might soon look like. Rossow said that despite Modi extending his influence over key institutions such as the courts, voters are still making their choices count. "This election, even if Prime Minister Modi retains power, shows the power of India's democracy," said Rossow.
Persons: , Narendra Modi, Modi, trounce, Richard Rossow, Jeff Lande, Lande, Kapil Sharma, isn't, Sharma, Gautam Nair, Rossow Organizations: Service, Bharatiya Janata Party, Business, BJP, National Democratic Alliance, Developmental Inclusive Alliance, Telugu Desam Party, Janata Dal, Bloomberg, India, Studies, Center for Strategic & International, Asia Center, Industry, China's, Atlantic, CSIS, Harvard Locations: India, India's, kingmakers, United States, China
Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Asia-Pacific markets were mixed as investors assessed India's election results after Prime Minister Narendra Modi's Bharatiya Janata Party fell short of an outright majority in the lower house of parliament. Still, Modi is set for a third term in power after the BJP-led National Democratic Alliance secured 294 seats, more than the 272 needed for the coalition to form the government. Elsewhere, first-quarter gross domestic product figures are expected out of Australia.
Persons: Narendra Modi, Narendra Modi's, Modi Organizations: Indian, Bharatiya Janata Party, BJP, Narendra Modi's Bharatiya Janata Party, National Democratic Alliance Locations: New Delhi, India, Asia, Pacific, Australia
After his first two national election victories, Prime Minister Narendra Modi of India easily set his own terms, with his Bharatiya Janata Party winning clear majorities. It was still a victory, but one that left him dependent on a host of coalition partners — particularly on politicians from two regional parties who could make or break Mr. Modi’s ability to form a government. Of the more than a dozen parties that make up the B.J.P.’s coalition, known as the National Democratic Alliance, most won just one or two seats, leaving the party in a difficult predicament. said it had reached an agreement to form a coalition government that includes those two regional parties — the Telugu Desam Party and Janata Dal-United. They will be the biggest junior partners, but they are also avowedly secular and removed from Mr. Modi’s Hindu-nationalist ideology.
Persons: Narendra Modi, Organizations: Bharatiya Janata Party, National Democratic Alliance, Telugu Desam Party, Janata Dal - United Locations: India, Modi’s
It's why the election results have been a shocking blow to Modi and the BJP despite them winning. The result was especially humbling for Modi because the NDA was projected to slam-dunk the election with a whopping 400 seats. Should they all ditch Modi for his rivals in the Indian National Developmental Inclusive Alliance, they could oust him from leadership. Rossow said that despite Modi extending his influence over key institutions such as the courts, voters are still making their choices count. "This election, even if Prime Minister Modi retains power, shows the power of India's democracy," said Rossow.
Persons: , Narendra Modi, Modi, trounce, Richard Rossow, Jeff Lande, Lande, Kapil Sharma, isn't, Sharma, Gautam Nair, Rossow Organizations: Service, Bharatiya Janata Party, Business, BJP, National Democratic Alliance, Developmental Inclusive Alliance, Telugu Desam Party, Janata Dal, Bloomberg, India, Studies, Center for Strategic & International, Asia Center, Industry, China's, Atlantic, CSIS, Harvard Locations: India, India's, kingmakers, United States, China
According to most polls, India’s election was a foregone conclusion. Prime Minister Narendra Modi’s right-wing, Hindu-nationalist alliance was expected to secure a supermajority – and with it the power to enact radical change unopposed. To Modi’s critics and opponents, India was on the fast track to becoming a de-facto one-party state. Going into this election, Modi had set a goal of winning 400 seats in the lower house of parliament, or Lok Sabha. The BJP’s inability to secure an outright majority “pricks the bubble of Modi’s authority,” wrote political scientist Pratap Bhanu Mehta Tuesday night.
Persons: Narendra Modi’s, Modi, Bharatiya Janata Party wouldn’t, God, , Pratap Bhanu Mehta, , Jawaharlal Nehru, Ritesh Shukla, Arathi Jerath, India’s, Arvind Kejriwal, Critics, , ” Mehta, Sanjay Singh, “ Modi, Neelanjan Sircar Organizations: CNN, Bharatiya Janata Party, , BJP, Aadmi Party, , National Democratic Alliance, Center for Policy Research Locations: India, Lok Sabha, , Ayodhya, New Delhi, Delhi
CNBC Daily Open: Roaring Kitty's wealth, Modi's victory
  + stars: | 2024-06-05 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
The S&P 500 inched up 0.15% and the Nasdaq Composite did marginally better, up 0.17%. Bath & Body Works was the worst-performing stock on the S&P 500, plunging almost 13% on disappointing guidance. With his 5 million shares of GameStop, if he were to exercise his 120,000 call options at $20 apiece, that would give him an additional 12 million shares — making him the fourth-largest shareholder in the games retailer. [PRO] June highThe S&P 500 will rally to fresh all-time high of 5,500 by the end this month, according to Fundstrat Global Advisors' Tom Lee. With the S&P 500 finishing Monday's trading session at 5,283.40 the forecast calls for upside of 4%.
Persons: Modi, Narendra Modi, Modi's, Keith Gill, Gill, Elon Musk, Tesla, Musk, Tom Lee, CNBC's Pia Singh, what's Organizations: CNBC, Dow Jones, Nasdaq, Body, Treasury, Bharatiya Janata Party, BJP, National Democratic Alliance, GameStop, Nvidia, Federal Reserve, Fundstrat Global Locations: Tesla
The All India Market Capitalization index , tracked on the Bombay Stock index, lost over 31.06 trillion rupees, or about $371 billion on June 4 alone. India's markets saw their worst one-day loss in about four years as the electoral performance of Prime Minister Narendra Modi's ruling Bharatiya Janata Party fell short of expectations. The BJP-led National Democratic Alliance (NDA) coalition, however, clinched 294 seats, managing to retain the parliamentary majority, crossing the 272 required to form the government. In the previous general election in 2019, the BJP secured 303 seats, and the NDA won 353 seats. A Goldman Sachs report issued early Wednesday said that "even with a reduced majority, we don't think macro stability will be compromised."
Persons: Narendra Modi's, Modi, Goldman Sachs, Organizations: Bombay Stock Exchange, Bombay, BSE, Bharatiya Janata Party, BJP, National Democratic Alliance, Developmental Inclusive Alliance coalition, Indian National Congress, Goldman Locations: Bombay, Mumbai, India, INDIA, Lok
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