Tag #Political Crisis

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Austria Faces €6 Billion Budget Cut Demands from EU

Austria must reduce its budget deficit to 3 percent of GDP by mid-January, facing pressure from the EU. Failed coalition talks leave the FPÖ and ÖVP to find €6 billion in cuts, potentially impacting the climate bonus, education funding, and renewable energy projects, while raising questions about th...

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Venezuelan Opposition Leader Claims Presidency, Defies Government

Venezuelan opposition leader Edmundo González Urrutia declared himself commander-in-chief starting January 10th, urging military support after claiming victory in the July 2024 election, a claim backed by opposition-provided and CNN-verified election results, prompting the government to threaten his...

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South Korea Seeks to Re-Arrest Impeached President Amidst Controversy

South Korea's anti-corruption agency will seek a warrant extension to re-arrest impeached President Yoon Suk-yeol on Monday following a failed attempt on January 3rd, sparking controversy over the agency's jurisdiction and effectiveness, with the presidential security service vowing to continue bloc...

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South Korea's Political Crisis Plunges Economy into Turmoil

South Korea's political turmoil, marked by President Yoon's martial law declaration and defiance of arrest, has severely damaged the economy; the won is at 16-year lows, foreign investment has fallen by 17 trillion won, business confidence is at a four-year low, and 2025 economic growth is projected...

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Contested Venezuelan Election Result Fuels Tensions Ahead of Maduro's Inauguration

Nicolás Maduro will begin a third term as Venezuelan president on January 10th amidst a contested election, with the opposition claiming their candidate won and tensions rising due to planned protests and a heavy security presence, including 1,200 additional troops deployed and arrests of opposition...

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Austria's Far-Right FPÖ Poised for Power

Following a failed coalition attempt by Austria's ÖVP, SPÖ, and NEOS, President Van der Bellen tasked FPÖ leader Herbert Kickl with forming a new government with the ÖVP, marking a significant shift towards the far-right in Austrian politics.

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South Korea Seeks Extended Warrant to Arrest Impeached President

South Korean investigators requested an extension to arrest impeached President Yoon Suk Yeol for his December 3 martial law declaration, which led to his impeachment and the indictment of the country's defense intelligence commander; the initial arrest warrant was blocked by presidential security g...

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Germany's Economic and Political Crisis

Germany faces a deep economic recession affecting its industrial sector, coupled with a political crisis after the collapse of the coalition government, leading to an upcoming snap election on February 23rd amid concerns about rising far-right influence and the ongoing war in Ukraine.

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Austrian Election Leads to Potential FPÖ-ÖVP Coalition

Following the Austrian National Council election, the FPÖ's victory with 29% of the vote led to failed coalition talks with other parties, resulting in the resignation of Chancellor Nehammer and the ÖVP's decision to negotiate with the FPÖ, potentially under Herbert Kickl's leadership.

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146 Venezuelan Protesters Released Ahead of Maduro's Inauguration

Venezuelan Attorney General Tarek Saab announced the release of 146 protesters, bringing the total to 1,515, days before President Maduro's controversial inauguration following a disputed election where opposition leader Edmundo Gonzalez claims victory, prompting international condemnation and a mas...

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Trudeau Resigns as Canadian Prime Minister

Canadian Prime Minister Justin Trudeau announced his resignation on January 6th, 2024, due to low approval ratings and internal party pressure, leaving the position open until a new Liberal Party leader is chosen; this decision comes ahead of October's federal elections and amidst potential snap ele...

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South Korea's Failed Self-Coup Exposes Democratic Weaknesses

South Korean President Yoon Suk Yeol's December 3rd declaration of martial law, though short-lived due to military refusal and subsequent impeachment, exposed vulnerabilities in South Korea's democratic system, prompting comparisons to the January 6th attack on the US Capitol and highlighting the ne...

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Showing 457 to 468 of 923 results