Hungarian Prime Minister Viktor Orban looks on as he attends a press conference during the informal EU Summit at the Puskas Arena, in Budapest, Hungary, November 8, 2024. Marton Monus | Reuters So-called “strongman” leaders of Europe — most of whom are allied with the likes of U.S. President Donald Trump and Russia’s Vladimir Putin … Read more
It is crucial that Germany embarks on a period of economic growth, the country’s finance minister Jörg Kukies told CNBC on Thursday, adding that structural weaknesses must be addressed. “We’ve just gotten revised down growth forecasts for the IMF again,” Kukies told CNBC’s Karen Tso and Steve Sedgwick at the World Economic forum in Davos. “The structural … Read more
Rep. Mike Johnson of Louisiana was reelected speaker of the House of Representatives on Friday on the first ballot after two of his three fellow Republicans who initially voted for other caucus members switched their votes to him. Reps. Ralph Norman of South Carolina and Keith Self of Texas flipped their votes to Johnson after … Read more
French President Emmanuel Macron delivering his televised New Year’s address to the nation from the Elysee Palace in Paris on Dec. 31, 2024. Kiran Ridley | Afp | Getty Images As France enters the new year, there’s little hope that the political and economic uncertainty that’s been plaguing the euro zone’s second-largest economy for months … Read more
WASHINGTON — The House of Representatives approved a bipartisan federal spending bill Friday and sent it to the Senate, just hours before a midnight deadline to fund the government. It was unclear Friday whether the Senate could pass the bill before 12:00 a.m. ET, when funding technically lapses. The bill continues funding the federal government … Read more
SEBASTIEN BOZON | AFP | Getty Images France’s government is hanging by a thread with the far-right National Rally party threatening to bring down Prime Minister Michel Barnier’s administration by the end of the year. National Rally’s figurehead Marine Le Pen suggested Monday that talks with Barnier, aimed at extracting concessions on a tax-hiking 2025 … Read more