All posts tagged: turmoil

A France in Turmoil Mourns Françoise Hardy, Its Voice of Melancholy Cool

A France in Turmoil Mourns Françoise Hardy, Its Voice of Melancholy Cool

[ad_1] It was like Françoise Hardy, the wistful singer and songwriter of a certain French melancholy and style, to slip away in the midst of a political storm, for it was never the clamor of power struggles that interested her, but rather an inner world of solitude, love betrayed and loss. With France in turmoil after President Emmanuel Macron’s sudden plunging of the nation into an unexpected legislative election campaign, the country’s leading newspapers nevertheless devoted much of their front pages to Ms. Hardy’s death this week at the age of 80, hailing “the icon” of French music. For Gabriel Attal, the prime minister, it was the loss of “this singular voice of a fierce tranquillity that cradled generations of French people” that felt overwhelming. For Brigitte Bardot, “France has lost with her a little of that nobility, of that beauty and that luminous talent, of that elegance that she conveyed all through her life.” It was as if the country through Ms. Hardy’s life had come full circle, from her birth during an air …

Political turmoil in France won’t affect Paris Games, IOC head says

Political turmoil in France won’t affect Paris Games, IOC head says

[ad_1] PARIS : Current political upheaval in France won’t affect preparations for the Olympic Summer Games, IOC President Thomas Bach said on Monday after President Emmanuel Macron shocked France with his call for new parliamentary elections. “France is used to holding elections, they will do it one more time”, Bach said during a Paris 2024 run-up event in Paris, adding that whatever the outcome, political leaders will support the Olympics. [ad_2] Source link

Transitional Council in Haiti Embraces New Changes Following Turmoil as Gang Violence Grips Country

Transitional Council in Haiti Embraces New Changes Following Turmoil as Gang Violence Grips Country

[ad_1] PORT-AU-PRINCE, Haiti (AP) — A transitional council tasked with choosing new leaders for Haiti is changing the way it operates in a move that surprised many as gang violence consumes the country. Instead of having a single council president, four longtime politicians will take turns leading the council every five months, according to two members who were not authorized to publicly share the changes because they had not yet been announced. The members told The Associated Press late Wednesday that the council also will now consider five members a majority, instead of four. The council is composed of nine members, seven of which have voting powers. “That’s a real switch,” Robert Fatton, a Haitian politics expert at the University of Virginia, said of the changes. “I think it’s a good thing that they’re really going to share power now. … It is something that is very rare in Haitian politics.” The four members who will share power are original council president Edgard Leblanc Fils, ex-senator Louis Gérald Gilles, former presidential candidate Leslie Voltaire and …

Britain’s Conservative Party, like the U.S. Republican Party, is in turmoil

Britain’s Conservative Party, like the U.S. Republican Party, is in turmoil

[ad_1] LONDON — Five years ago, Britain’s Conservative Party scored a landslide victory in a general election that contained outlines of a realignment in that nation’s politics. Today, those same Conservatives appear headed for one of their worst defeats in a generation, an unraveling of a once-proud party that has come with astonishing swiftness. Based on current polls, the general election that will be held in the coming months — the date has not yet been set — looks likely to restore a reinvigorated Labour Party to power after 14 years in the minority. Those same polls suggest that Labour could emerge with a majority in the House of Commons that rivals or eclipses its strength after the 1997 election that brought former prime minister Tony Blair to power. The decline and fall of the Conservatives is the story of a political party that has become exhausted and inward-looking after more than a decade in power. Not unlike the Republican Party in the United States, it is riven by factionalism, stained by scandal and judged …

‘Stagflationary’ GDP Data Sparks Market Turmoil, Rate-Cut Hopes Crushed

‘Stagflationary’ GDP Data Sparks Market Turmoil, Rate-Cut Hopes Crushed

[ad_1] Weaker than expected growth and hotter than expected prices… the perfect example of a central banker’s nemesis: Stagflation… …and the market is very unhappy about it. Olu Sonola, head of US economic research for Fitch Ratings: “The hot inflation print is the real story in this report. If growth continues to slowly decelerate, but inflation strongly takes off again in the wrong direction, the expectation of a Fed interest rate cut in 2024 is starting to look increasingly more out of reach.” Rate-cut expectations have dropped back near cycle lows (for 2024 and 2025)… Source: Bloomberg Treasury yields are soaring, led by the short-end… Source: Bloomberg With 2Y back above 5.00% (will it hold)… Source: Bloomberg Stocks are getting spanked… Commodities are less anxious with oil sliding a little, gold rallying modestly even with the dollar rising… Source: Bloomberg Crypto is heading lower… Source: Bloomberg What time is the Biden press conference to confirm there will be rate-cuts this year? Loading… [ad_2] Source link

Tesla cuts its car prices around the world after week of turmoil

Tesla cuts its car prices around the world after week of turmoil

[ad_1] Tesla dropped its prices on cars by about $2,000 in the United States. Ebrahim Noroozi/AP hide caption toggle caption Ebrahim Noroozi/AP Tesla dropped its prices on cars by about $2,000 in the United States. Ebrahim Noroozi/AP Tesla has slashed prices for its electric vehicles in the United States, China and other countries, comparisons of its websites late Friday and over the weekend show. In the U.S., the company reduced the starting prices of its Model X, Model Y and Model S by $2,000, which is a drop of less than 5% for the most affordable model. Prices for Model 3 and Cybertruck remained the same. In China, Tesla dropped prices for all of its models on sale there for 14,000 yuan, or just over 5% for the most affordable model. China is Tesla’s largest market outside of the United States and accounts for over a fifth of its revenue, according to the company’s latest annual report. The company also lowered the starting prices of most of its cars in Germany. A Tesla spokesperson told …

The day they set OJ Simpson free – and left America in turmoil | OJ Simpson

The day they set OJ Simpson free – and left America in turmoil | OJ Simpson

[ad_1] When the jury sent word they would deliver their verdict in the OJ Simpson double murder trial, the rest of America was caught by surprise, myself included. It had taken four hours to rule on nine months of evidence as to whether one of the country’s most famous black men had killed his former wife Nicole Brown Simpson and her young friend, Ronald Goldman. It felt far too quick. The televised case in 1995 had been an astonishing spectacle, its twists and turns drawing vast numbers of viewers from the nation’s daytime soaps. I had been covering the trial for the Observer, dropping in between other stories as the paper’s US correspondent. But I’d returned home to Washington DC, believing I had time before the result. And so, like President Bill Clinton and 100 million worldwide, I watched the verdict on television, a car waiting outside to take me to the airport. That journey across the US afterwards was through a cracked America. With the verdict minutes old, the white faces I saw in the …

The UK is trapped in a cycle of political, social and financial turmoil. But there is a way out… | Books

The UK is trapped in a cycle of political, social and financial turmoil. But there is a way out… | Books

[ad_1] If there is any consensus in our otherwise fractured, toxic national debate it is that we cannot go on like this. Our economy is in crisis, exemplified by an annual £100bn shortfall in public and private investment, which must be lifted decisively for Britain to break out of today’s triple whammy of stagnant growth, productivity and living standards. Society reels from alarming gaps in the provision of crucial public services and the yawning unfairness in the distribution of income, wealth and opportunity. Our democracy and state seem incapable of acknowledging the full extent of these deformities, let alone adequately responding to them. Our international standing has plummeted at a time of geopolitical peril. A transformative response is an imperative. My new book, This Time No Mistakes: How to Remake Britain, tries to address the origins of this interlinked crisis – and offer a feasible way out. Nothing is immutable. We are agents of our own destiny. The heart of the problem is a misconception about how capitalism and society work. Capitalism must be managed …

‘Euphoria’ Season 3 Reportedly in Creative Turmoil as HBO Sends Scripts Back

‘Euphoria’ Season 3 Reportedly in Creative Turmoil as HBO Sends Scripts Back

[ad_1] Will Detective Rue Bennett be on the scene for the third season of Euphoria? According to a new Variety story, the drama’s now delayed next installment is in the midst of complete creative chaos. Euphoria creator Sam Levinson reportedly pitched a five-year time jump between seasons two and three of the series, and certain details of that idea were apparently not well-received. At different stages, the scripts he turned in were allegedly rejected by both HBO and two-time Emmy winner Zendaya, whose Rue Bennet would have started working as a private investigator in one rejected idea.  Levinson reportedly pitched early drafts of his concept for the third season of Euphoria to HBO in the winter of 2023. The network found the pitch—which involved “very compelling” arcs for stars Sydney Sweeney and Jacob Elordi—to be “a strong start,” sources told Variety. But the auteur later hit a road block with his muse Zendaya, who reportedly thought the full scripts he turned in “didn’t pass muster,” in Variety’s words. (Vanity Fair has reached out to Zendaya …

‘The stigma has returned’: abortion access in turmoil in Javier Milei’s Argentina | Argentina

‘The stigma has returned’: abortion access in turmoil in Javier Milei’s Argentina | Argentina

[ad_1] Javier Milei’s anti-abortion rhetoric has prompted growing numbers of doctors in Argentina to refuse to carry out terminations, according to medical professionals across the country. Since taking office in December, the self-described libertarian has used speeches to both global leaders and schoolchildren to condemn abortion as a “tragedy” and “aggravated murder”. Health workers say such statements have already encouraged healthcare providers to refuse to provide abortion services due to their personal beliefs, and warn they could push women to use clandestine methods instead. At one hospital in the suburbs of Buenos Aires, Julieta Bazán, a physician, said Milei’s comments have caused a spike in the number of doctors refusing to provide abortions. “It is having a very negative impact,” Bazán said. “Stigma among professionals has increased – they fear being part of abortion teams.” In Tucumán, in the north of the country, health professionals said they were preparing for an increase in clandestine abortions. “Women are asking not to use their names, or refusing to give identity numbers to access abortions. They fear where …