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US Economic Soft Landing Hinges on Fed’s Tolerance of Inflation
US Economic Soft Landing Hinges on Fed’s Tolerance of Inflation
Rising hopes of a soft landing for the US economy likely hinge on the Federal Reserve’s willingness to
1970-01-01 08:00
Spanish election 2023: Exit poll predicts a swing to right-wing government
Spanish election 2023: Exit poll predicts a swing to right-wing government
Spain could have its first far-right participation in government since the days of Franco after an election exit poll suggested a swing to the right. Spanish prime minister Pedro Sánchez is trying to win a third consecutive national election but an exit poll predicted that a right-wing coalition may have enough votes to take power. The centre-right People’s Party was set to win 150 seats, while the anti-Muslim, anti-feminist Vox party had 31 seats, according to a GAD3 voter survey released after polls closed. Together this would give the parties enough for a majority in the 350-seat parliament. However a survey by Sigma Dos was less conclusive, predicting 145-150 seats for PP and 24-27 seats for Vox, which could mean the two parties would fall short at the lower range of its poll. The Socialists were set to win 112 seats, according to GAD3, and 113-118 seats according to Sigma Dos, while the far-left platform led by Labour Minister Yolanda Diaz had either 27 seats or 28-31 seats. GAD3 said its poll surveyed 10,000 people and closed on July 22. The Sigma Dos survey of 17,000 people closed on Sunday. If both the left-wing and right-wing bloc fail to meet the threshold for the number of seats required to govern, new elections may have to be called - as happened in 2019 and 2015. After casting his vote, Mr Sánchez said: “What happens today is going to be very important not just for us but also for Europe and I think that should also make us reflect.” The secretary general of the conservative People’s Party (PP), Cuca Gamarra, told Spanish TV after the vote that the PP was about to “recover the position of first political force in a general election”. The Interior Ministry said voter turnout at 6pm local time stood at 53 per cent, compared with 56 per cent at the same point in the the country’s last national election, in November 2019. The election was taking place at the height of summer, with millions of voters likely to be holidaying away from their regular polling places. However, postal voting requests soared before Sunday. With no party expected to garner an absolute majority, the choice is basically between another leftist coalition and a partnership of the right and the far right. Far-right party Vox proposes the expulsion of illegal migrants and a naval blockade to stop them arriving, and the closure of radical mosques, while supporting immigration meeting Spain‘s labour market needs and from nationalities sharing language or culture. It has also vowed to repeal progressive laws on transgender rights, abortion and animal rights, along with climate protections promoted by Sanchez. Mr Abascal has said Vox doesn’t have a position on Spain‘s former dictator Franco, who ruled until his death in 1975 after winning a bloody civil war in 1939. But Mr Abascal has also said that Mr Sanchez’s government was the worst in 80 years, a period that includes Franco’s regime. Agencies contributed to this report. Read More Greece fires - live: Jet2 and Tui scrap Rhodes flights as tourists fleeing island describe ‘hell on earth’ Spain votes in general election that could see it become latest EU country to veer to the right A beach tragedy highlights the EU’s migration crisis – and how Spain’s election could make things worse Spaniards vote in an election that could oust a leftist coalition and herald a return to the right Spanish general election tipped to put the far right back in office for the first time since Franco Spain conservatives entrust Feijóo, the boring guy who wins every election by a landslide
1970-01-01 08:00
Brian Harman's dominating Open win came as a surprise... except to himself
Brian Harman's dominating Open win came as a surprise... except to himself
Brian Harman, one of golf's ultimate grinders, breaks through with his first major title at the 151st Open ChampionshipThe 151st Open champion is a diminutive 36-year-old Georgian who enjoys hunting and riding his tractor. Brian Harman was far from a favorite at the start of this week at Ro...
1970-01-01 08:00
Ryder Cup 2023: Zach Johnson hints at Brian Harman being on US team
Ryder Cup 2023: Zach Johnson hints at Brian Harman being on US team
Brian Harman was dominant in winning The Open Championship and US Ryder Cup Team captain Zach Johnson hinted at Harman's spot on the team in Rome.There's no better time to become a first-time major champion than in a Ryder Cup year. And newly minted winner of The Open Championship Bria...
1970-01-01 08:00
Spanish Right Set to Oust Sanchez With Slim Majority, Poll Shows
Spanish Right Set to Oust Sanchez With Slim Majority, Poll Shows
Spanish conservative leader Alberto Nunez Feijoo won the most seats in Sunday’s election and is on track to
1970-01-01 08:00
Locals step in to help tourists after Rhodes fires
Locals step in to help tourists after Rhodes fires
Families on the island have offered up their spare bedrooms and sofas to stranded holidaymakers.
1970-01-01 08:00
UK Banks to Be Summoned to Treasury After Farage Uproar, FT Says
UK Banks to Be Summoned to Treasury After Farage Uproar, FT Says
The UK’s Treasury will ask the leaders of 19 banks and fintechs, including NatWest Group Plc, Lloyds, HSBC
1970-01-01 08:00
‘Barbenheimer’ Debut Lifts Weekend Box Office to Four-Year High
‘Barbenheimer’ Debut Lifts Weekend Box Office to Four-Year High
Cinemas finally have something to celebrate. Barbie, a comedy about the famous fashion doll, and Oppenheimer, a biography
1970-01-01 08:00
Brian Harman runs away with Open Championship win: Golf Twitter celebrates
Brian Harman runs away with Open Championship win: Golf Twitter celebrates
Brian Harman took a commanding lead at The Open Championship on Friday... and then never let go. Golf Twitter had to celebrate a dominant showing.Some of the best players in the world were in the mix atop the leaderboard at The Open Championship. Jon Rahm, Jason Day, Tom Kim and a red-hot Sepp S...
1970-01-01 08:00
Pfizer Warns of Medicine Supply Disruptions from Tornado Damage
Pfizer Warns of Medicine Supply Disruptions from Tornado Damage
Dozens of drugs made by Pfizer Inc. may be more difficult for hospitals to purchase because they were
1970-01-01 08:00
NFL rumors: Patriots screwed themselves with DeAndre Hopkins pursuit
NFL rumors: Patriots screwed themselves with DeAndre Hopkins pursuit
The New England Patriots' cautious approach in pursuing DeAndre Hopkins cost them dearly.Had the New England Patriots been more aggressive, they could have landed DeAndre Hopkins.The former Houston Texans and Arizona Cardinals star wide receiver just joined his third NFL franchise by si...
1970-01-01 08:00
Bain Agrees to Buy Stake in Adani Capital as Billionaire Exits
Bain Agrees to Buy Stake in Adani Capital as Billionaire Exits
Bain Capital has agreed to buy the 90% stake Gautam Adani’s family holds in an Indian shadow bank,
1970-01-01 08:00
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