Election Financial News

IMF chief told AFP. AI will affect 60 percent of jobs in advanced economies, the International Monetary Fund's managing director, Kristalina Georgieva, said in an interview in Washington, shortly before departing for the annual World Economic Forum in Davos, Switzerland.

South Korean regulators will not give the green light to a domestic Bitcoin spot ETF before the nation’s next general elections, insiders claim.

Every budget poses a dilemma for the government. If Hamlet’s question was “to do or not to do," the one before every elected administration is how far it should throw caution to the winds on populism. Should it take the ‘apres moi le deluge’ (after me the deluge) approach of Louis XV of France, spend its way to popularity and election victory? Or should it take a long-term view and do what is eventually best for the country? Economists call this the ‘time inconsistency’ problem.

President Muizzu who recently completed a state visit to China, during which Beijing agreed to provide $130 million for the development of Male, the capital city. The two countries also signed an agreement on agricultural cooperation.

By Tom Westbrook and Ankur Banerjee

seat sharing between the BJP and the Janata Dal (S) in Karnataka are complete and an announcement is likely to be made later this month. Sources in BJP told ET that the party is willing to give two Lok Sabha seats — Hassan and Mandya — to the JDS and may promise one Rajya Sabha seat as a bonus to the ally. In 2019, the JDS had contested in alliance with the Congress.

Taiwan told China on Sunday to «face reality» and respect its election result, after voters defied Beijing's warnings and chose pro-sovereignty candidate Lai Ching-te as its President. Voters spurned Beijing's repeated calls not to vote for Lai, delivering a comfortable victory for a man China's ruling Communist Party sees as a dangerous separatist. Beijing responded to Lai's victory by saying it would not change the «inevitable trend of China's reunification».

(Reuters) — Donald Trump should not be forced to testify as to his own guilt or face strict warnings about crossing red lines in his remarks should the former U.S. president choose to testify in a defamation trial set to begin this week, his legal team argued on Sunday.

presidential candidate Nikki Haley said on Sunday that the Republican contest to choose the presidential nominee is going to be a two-person race between her and former president Donald Trump. Haley's remarks came on the eve of the Iowa caucuses on Monday, that formally kicks off the beginning of the long process by which the Republicans and Democrats choose their nominees for the presidential election. Trump, 77, served as the US president from 2017 to 2021 and is seeking his second term.

China's top diplomat warned Sunday that any steps towards Taiwan's independence would be «harshly punished», after the self-ruled island defied Beijing's warnings and chose pro-sovereignty candidate Lai Ching-te as president. Voters on the island spurned Beijing's repeated calls not to vote for Lai, delivering a comfortable victory for a man China's ruling Communist Party sees as a dangerous separatist.

cold weather and security concerns for the postponement of the elections, Geo News reported. Tabled by independent Senator Hilal-ur-Rehman, the resolution said that extreme cold weather and snowfall would create difficulties for citizens to cast votes in the Khyber Pakhtunkhwa province and create challenges for candidates trying to campaign.

By Tim Reid and Nathan Layne

By Nathan Layne, Gabriella Borter and Tim Reid

AP. North Korea's neighbouring countries including Japan and South Korea informed that they detected a possible ballistic missile launch by North Korea. South Korea’s Joint Chiefs of Staff and Japan’s Defense Ministry informed that the country ruled by Kim Jong Un fired missile on Sunday.

Milind Deora ended his “family's 55 year relationship with the party" on Sunday before joining the Shiv Sena. Reports quoting sources indicate that several supporters within the party are also likely to follow Deora to the ruling Shiv Sena. The former South Mumbai Lok Sabha MP joined the ruling party during a function in Varsha, the official residence of the chief minister, in the afternoon.

Also Read: ‘Greed, fear’: Congress reacts as Milind Deora is set to join BJP ally in Maharashtra The diplomat-turned-politician, Shashi Tharoor on Sunday said that the Congress and the opposition parties would be working on the same strategy for the next Lok Sabha elections set to take place this year. "I still expect that the BJP will emerge as the single-largest party.

By Sofia Menchu

By Yimou Lee, Sarah Wu and James Pomfret

By Steve Holland, Nandita Bose and Trevor Hunnicutt

Rahul Gandhi is set to embark on the Bharat Jodo Nyay Yatra from Manipur to Maharashtra, between January 14 to March 30, on Friday, just ahead of the Lok Sabha elections 2024. The yatra is touted as the second leg of his Bharat Jodo Yatra, which he undertook from late 2022 to January 2023.

Vice President Lai Ching-te won the presidency on Saturday, the third consecutive term for his ruling Democratic Progressive Party (DPP), but the party lost its parliamentary majority, complicating Lai's spending plans and any intent to take an aggressive stance on China. China, which claims Taiwan as its territory, had called Lai a separatist and «troublemaker through and through», but took a gentler tone after the election, not mentioning him by name and saying the results revealed the DPP «cannot represent the mainstream public opinion» on Taiwan. Analysts expect Taiwan's stock market to take a hit this week as the spectre of policy paralysis fuels selling in a market that is up 25% in little more than a year. Yet the outcome is also a relief for investors who had feared the hawkish Lai would push for Taiwan's formal independence, something he has denied. Investors have worried about a hostile reaction from China and a chain reaction of sanctions that could cripple the global semiconductor industry. «I would imagine the reaction is negative.