CNN — Brazil votes for a new president on Sunday, in the final round of a polarizing election that has been described as the most important in the country’s democratic history. The choice is between two starkly different candidates – the leftist former president Luiz Inacio Lula da Silva, popularly known as Lula, and the […]
CNN — As Rishi Sunak made history this week by becoming Britain’s first Prime Minister of Indian descent, many in the South Asian nation were quick to congratulate the new leader – with some in the media even claiming him as their own. India was once part of a British empire that stretched so far […]
Hong Kong CNN Business — When Chinese leader Xi Jinping secured a historic third term in power at the weekend and stacked his top team with loyalists in a clean sweep not seen since the Mao era, investors were quick to pass judgment. Chinese stocks listed in Hong Kong and New York crashed on Monday, […]
CNN — N. R. Narayana Murthy, one of India’s richest people, had mixed feelings when he first heard about the man who would become his son-in-law. “I, too, was a little sad and jealous when you told us you had found your life partner,” he wrote to his daughter Akshata Murty in a letter, published […]
London CNN Business — Rishi Sunak, Britain’s third prime minister in seven weeks, will face the huge challenge of projecting stability after a period of historic political and financial market chaos. But his other task — shepherding the country through a recession — is poised to be just as daunting. The former finance minister has […]
Hong Kong CNN — China’s economy is faltering. Unemployment is skyrocketing. Endless Covid lockdowns are wreaking havoc on businesses and people’s lives. The property sector is in crisis. Ties between Beijing and major global powers are under strain. The list of problems faced by the world’s second-largest economy goes on – and many of those […]
CNN — When she took the keys to 10 Downing Street in the wake of Boris Johnson’s political demise, Liz Truss promised to “ride out the storm” of Britain’s economic crisis. Just over six weeks later, she was engulfed by a hurricane of her own making. It was a humiliating end to a calamitous premiership […]
Washington, DC CNN — Tesla buyers may be able to take advantage of new federal tax credits for electric vehicles next year, the automaker’s executives said Wednesday. The credits can be as large as $7,500 for new vehicles and $4,000 for used vehicles. Tesla’s eligibility for the previous tax credits ended in Jan. 2020 when […]
CNN — He has about 2,500 kilometers to go until his journey is complete. But the great-grandson of India’s first prime minister appears determined. Dressed head-to-toe in white, Rahul Gandhi is walking 3,500 kilometers (2,175 miles) across India to meet voters and revive interest in the Indian National Congress, a once powerful political party now […]
London CNN Business — The decision by Jeremy Hunt, the new UK finance minister, to jettison the bulk of Prime Minister Liz Truss’ much-maligned plans to boost growth has come as a huge relief to investors, easing their worries about the sustainability of government finances. But even if “Trussonomics” has been tossed out and a […]