Category: Politics
Sunak’s Election Timing and Political Dynamics:
When is the Election taking place and why then? Rishi Sunak has announced that the UK General Election will take place on July 4th. Rishi Sunak and the Conservative team have been very intentional in the selection of the date, to maximise their chances of winning the election. During the hot summer months, Sunak is relying on the younger Labour voters to…
Putin Strengthens China Ties Amid Leadership Shake-Up
Putin visits China President of Russia, Vladimir Putin, has visited China for the 4th time since the beginning of the Ukraine war. He met with Chinese President, Xi Jin Ping, in the North-Eastern city of Harbin. They met to discuss continued Chinese trade with Russia, as Chinese exports to Russia have declined by 16% year on year in March. Recently, Chinese…
Kremlin Cabinet Reshuffle: Shoigu Promoted
On Monday the 13th of May, the Kremlin announced the reshuffling of the cabinet where several key Kremlin Ministers were promoted and demoted. Sergei Shoigu was the Russian Defence Minister between 2012 and 2024 when he was replaced by Andrei Belousov. Sergei Shoigu oversaw the Ukraine Invasion and has now been moved, by President Putin, to a Secretary of the Russian Security Council. The…
Biden Administration Proposes 100% Tariffs on Chinese EV Imports
Biden Administration Ramps up Tariffs The Biden administration plans to announce a 100% tariff on Chinese EV imports. This will quadruple the previous tariff rate of 25%. The hike is simply the latest product of the ongoing trade conflict between the US and China. The Biden administration believes that China’s ‘overcapacity’ to manufacture’ is hurting the profitability…
Bank of England Holds Interest Rates for Sixth Straight Month
Bank of England Holds Interest Rates The Bank of England has opted to hold interest rates for the sixth consecutive month. Interest Rates continue to remain at 5.25%. Although this may be frustrating, the BOE governor, Andrew Bailey, indicated that they will cut rates within the next two months. In 2024, inflation has decreased from…
Weekly Politics Summary – 11/5/24: Indian Opposition
New SNP leader and First Minister of Scotland On Monday, the 6th of May, the Scottish National Party elected a new leader, John Swinney, after the previous leader Humza Yousaf resigned. John Swinney’s job is to unify the SNP and solve all the economic issues currently damaging Scotland. Currently, the Scottish economy has generally flatlined…
