Election Financial News

Subscribe to enjoy similar stories. The latest round of state elections seems to have gone the Bharatiya Janata Party’s (BJP) way. Most exit polls project that alliances led by India’s ruling party will emerge victorious in Maharashtra and Jharkhand.

A judge has ruled that Virginia can’t withdraw from a multistate initiative designed to reduce greenhouse gas emissions unless the Legislature agrees to it

Workers hired for an electric vehicle battery production complex in Kentucky have launched a campaign to join the United Auto Workers

The leader of Canada’s most populous province says all of the country’s provincial and territorial premiers want Prime Minister Justin Trudeau's federal government to negotiate a bilateral trade deal with the United States that excludes Mexico

Randy Boissonnault is out of Prime Minister Justin Trudeau’s cabinet after months of controversy surrounding his former medical supply business.

Former prime minister Stephen Harper has been appointed chair of Alberta Investment Management Corp., a move that has been widely anticipated since the province fired AIMCo’s board of directors and relieved chief executive Evan Siddall of his duties less than two weeks ago.

Numerous celebrities have expressed their wish to leave America in favour of a new life overseas ahead of his inauguration in January; many of them made their intentions known long before the election even happened, as quoted in a report by MarketWatch. A lot of celebrities, including Sharon Stone, are searching for a better life overseas. Stone, an A-lister, has revealed that she is considering a house in Italy, while Cher made clear her drastic steps if Trump were to fight his way into the White House again before the election.

California voters have rejected a measure on the November ballot that would have raised the minimum wage for most workers to $18 an hour

Donald Trump says he has chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO, the bedrock Western alliance that the president-elect has repeatedly expressed skepticism about. Trump, in a statement, said Whitaker was «a strong warrior and loyal Patriot» who «will ensure the United States' interests are advanced and defended» and «strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability.» The choice of Whitaker as the nation's representative to the North Atlantic Treaty Organization is an unusual one, given his background is as a lawyer and not in foreign policy.

Prince Harry's residency status in the United States is currently under scrutiny, his admission of his past battles with substance abuse continues to provoke controversy. Prominent immigration attorneys claim that Harry's admission of drug use may have compromised his eligibility for a visa because he would have needed to disclose it on his application, which could result in deportation proceedings following the inauguration of President-elect Donald Trump, as quoted in a report by the Blast. Donald Trump and Prince Harry don't get along well; the billionaire politician claimed that he wouldn't protect the duke if he were elected to a second term because he betrayed the Queen.

Subscribe to enjoy similar stories. VIENNA—Iran sharply increased its stockpile of nearly weapons-grade uranium amid its confrontation with Israel, according to the United Nations atomic-energy agency, in a challenge to the incoming Trump administration. Iran’s decision to expand its stockpiles of nuclear fuel and its failure to fully cooperate with the International Atomic Energy Agency, the IAEA, which monitors Tehran’s work, is set to trigger fresh diplomatic pressure from Europe.

Subscribe to enjoy similar stories. ROUYN-NORANDA, Quebec—One of the world’s largest miners is digging into America’s junk drawers, old phones and landfills. The quarry: bits of copper to meet the needs of the energy transition and data boom.

Samajwadi Party (SP) following the 2024 Lok Sabha elections.

Americans unhappy with the outcome of the US election are offered $1 homes by an Italian village. A village on the Italian island of Sardinia has spotted a possible opportunity, as many communities around the world have been unsure how to react to Donald Trump's reelection as president, as quoted in a report by CNN. After decades of depopulation, Ollolai, like many other rural Italian communities, has been attempting to attract outsiders to help turn things around. To sweeten the deal, it has been offering to sell run-down homes for as little as one euro, or slightly more than a dollar.

Elon Musk has been a very important figure in the US Presidential elections 2024, and has been quite instrumental in Donald Trump's thumping victory in the polls against Kamala Harris. The Tesla CEO, after the victory of Trump, was announced as the co-head of a special department to begin in Trump's regime, that will keep a check on federal expenses.

The report, compiled by ISS Market Intelligence (ISS MI), found the downturn in quarterly figures was driven by retail investors following a strong ISA season.  Benjamin Reed-Hurwitz, EMEA research leader at ISS MI, said the figures showed that uncertainty among investors is potentially hitting a «boiling point» just as the September portfolio rebalancing arrived.  The weaker figures came in mostly in September, when a series of factors including volatile US equities, the unpredictability of the American election and fears over the contents of the UK Autumn Budget at the time were loo...

Subscribe to enjoy similar stories. Donald Trump’s transition team is ramping up plans to replace FBI Director Christopher Wray before the end of his 10-year-term, the start of what the president-elect hopes will be a major shake-up of the agency that has been his perennial punching bag. Vice President-elect JD Vance on Tuesday tucked an announcement of the search at the end of a social-media post that began with him referring to someone as a “mouth breathing imbecile." Vance said he had recently met with Trump to interview people to be the bureau’s director, in the search for a candidate who would “dismantle the deep state." He later deleted the post.

Akhilesh Yadav on Wednesday accused the ruling BJP of misusing the administrative machinery to win the Uttar Pradesh Assembly bypolls «through manipulation». He said his party has complained to the Election Commission (EC) about «irregularities» in various constituencies. Voting is underway for bypolls to nine assembly seats in the state. Addressing reporters here, Yadav said, «We have lodged complaints about irregularities in various constituencies, including Karhal, Sisamau, Meerapur, Kundarki, Phulpur and Majhawan. Despite these complaints, it seems that the Election Commission is turning a blind eye to them. It appears that the EC's senses are no longer functioning.»

The poll, the first on China's economy by Reuters since Donald Trump's sweeping election victory on Nov. 5, also predicts that the President-elect will resist starting off with blanket 60% tariffs on Chinese goods. Trump, who is due to take office in January, pledged during campaigning to slap hefty tariffs on Chinese imports as part of a package of «America First» trade measures, causing unease in Beijing and heightening growth risks for China.

ICRA. This moderation is attributed to challenges such as heavy monsoon rains and weaker corporate margins, which offset the positive effects of increased government capital expenditure and a strong kharif sowing season. Gross Value Added (GVA) is also expected to see a marginal dip, with growth estimated at 6.6% in Q2 FY2025, compared with 6.8% in Q1 FY2025. “Q2 FY2025 saw tailwinds in terms of a pick-up in capex after the Parliamentary Elections as well as healthy expansion in sowing of major kharif crops. However, sectors faced headwinds due to heavy rainfall and weak margins. We project a slight dip in India’s GVA and GDP growth in Q2 FY2025 to 6.6% and 6.5%, respectively,” Aditi Nayar, Chief Economist at ICRA, write in a note. Government capital expenditure showed a promising recovery in Q2 FY2025, rising by 10.3% YoY to ₹2.3 trillion, reversing the sharp 35% contraction witnessed in Q1 FY2025. This rebound was led by key infrastructure-focused ministries such as the Ministry of Road Transport and Highways and the Ministry of Railways, which posted growth rates of 41.7% and 8.0%, respectively. However, the pace of state government spending remained muted, with the combined capital outlay and net lending of 22 states increasing by only 2.1% YoY in the quarter.