Switzerland’s recent legislative election showcased a rise in support for the country’s right-wing populist party, while the leading Green party experienced a decline in popularity. The election results, based on exit polls conducted by Switzerland’s public broadcaster, suggest that the right-wing Swiss People’s Party is expected to strengthen its position as the largest faction in
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Chinese companies have shown a strong desire to list on U.S. stock exchanges, but the process has become increasingly complex, according to Kobe Ge, the head of China at the New York Stock Exchange. Despite the challenges posed by the COVID-19 pandemic and regulatory uncertainty, there is still significant interest from Chinese businesses to list
The diplomatic crisis between Canada and India has reached a new height with Canada pulling 41 diplomats and their families from India. This move comes after India threatened to revoke the diplomatic immunities of Canadian diplomats if Ottawa did not comply with demands for parity in diplomatic staffing. The tensions between the two countries have
The latest data from the Labor Department shows a decline in initial filings for unemployment benefits last week, highlighting the tightness of the U.S. labor market. However, economists have expressed concerns about the potential impact on inflation and the worry that the downward trend in claims might not continue. For the period ended Oct. 14,
Foxconn, the world’s largest contract electronics manufacturer, has revealed its semiconductor strategy, highlighting a focus on producing “specialty chips” rather than competing in cutting-edge technologies. This strategic approach aims to cater to specific sectors such as automotive and the internet of things (IoT), where mature technology is commonly used. In contrast, leading-edge players like Taiwan’s
Top economists and central bankers are in agreement that interest rates will remain higher for longer, raising concerns about the global market outlook. Central banks worldwide have been aggressively hiking interest rates over the past 18 months to curb soaring inflation, with varying degrees of success. The United States Federal Reserve, after a pause in
China has joined the international chorus calling on Israel to halt its collective punishment of Palestinian civilians in the Gaza Strip. As U.S. Secretary of State Antony Blinken embarked on a Middle East tour to prevent further escalation, China’s Foreign Minister Wang Yi urged Israel to stop its aggressive actions. This article analyzes the ongoing
In a stunning turn of events, Polish opposition leader Donald Tusk declared victory in the general election, asserting that three opposition parties had gained enough support to unseat the ruling conservative nationalist party, Law and Justice. The Ipsos exit poll revealed that the combined support for the opposition parties is projected to secure 248 seats
Australia faced a significant setback in its pursuit of reconciliation with the Indigenous people of the country. In a resounding decision, the proposal to recognize Indigenous people in the constitution was overwhelmingly rejected. With 45% of the vote counted, the “No” vote prevailed with 57.35% against the “Yes” vote of 42.65%. This rejection was disheartening
In the midst of the recent Israel-Hamas war, top European regulator Thierry Breton issued a warning to social media platforms like Meta, TikTok, and X (formerly Twitter), urging them to be vigilant against disinformation and violent posts related to the conflict. Unlike the United States, where the First Amendment protects speech, European regulations such as