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List of All Articles with Tag 'elec'

Nevada GOP Senate candidate raised money to help other candidates -- the funds mostly paid down his old campaign's debt instead
Nevada GOP Senate candidate raised money to help other candidates -- the funds mostly paid down his old campaign's debt instead
Nevada Republican Senate candidate Sam Brown created a political action committee to "help elect Republicans" but most of its funds were spent paying down debt from his failed previous campaign. The group donated less than 7% of its funds to the candidates it was set up to support, according to campaign finance records -- a move one campaign finance expert likened to using the PAC as a "slush fund."
2023-08-12 22:30
Ecuador Tragedy Sparks Uneasy Rally in $15 Billion of Bonds
Ecuador Tragedy Sparks Uneasy Rally in $15 Billion of Bonds
Ecuador, still grieving from the assassination of presidential candidate Fernando Villavicencio, is a week away from an election
2023-08-12 20:29
Thai Poll Winner Faces Dilemma Over Support for Tycoon’s PM Bid
Thai Poll Winner Faces Dilemma Over Support for Tycoon’s PM Bid
Move Forward Party, the surprise winner in Thailand’s May election, is in a quandary over whether to back
2023-08-12 14:22
Sunak’s Anti-Migration Push Underscores Peril of Rightward Drift
Sunak’s Anti-Migration Push Underscores Peril of Rightward Drift
Rishi Sunak thought highlighting his efforts to stop the flow of migrants into Britain would rouse the government
2023-08-12 14:20
Hunter Biden Gets a Special Counsel, Setting His Case Up to Be 2024 Issue
Hunter Biden Gets a Special Counsel, Setting His Case Up to Be 2024 Issue
President Joe Biden received unwelcome news when the Justice Department made the prosecutor investigating his son a special
2023-08-12 08:18
Trump Limited by Judge From Sharing Sensitive 2020 Election Case Evidence
Trump Limited by Judge From Sharing Sensitive 2020 Election Case Evidence
A federal judge in Washington imposed some limits on what Donald Trump can say publicly about certain evidence
2023-08-12 04:19
Argentina's markets keep wary eye on primary vote after 2019 crash
Argentina's markets keep wary eye on primary vote after 2019 crash
By Walter Bianchi and Jorge Otaola BUENOS AIRES Argentine traders are keeping a close eye on primary elections
2023-08-12 03:59
Argentine rock-singing libertarian shakes up presidential election race
Argentine rock-singing libertarian shakes up presidential election race
By Anna-Catherine Brigida and Maximilian Heath BUENOS AIRES Argentina's presidential election race has an unpredictable X factor: Javier
2023-08-12 03:58
Argentines to vote in a primary election that's expected to set the stage for a rightward shift
Argentines to vote in a primary election that's expected to set the stage for a rightward shift
Argentina's national primary election Sunday won’t just help determine which candidates will be running in the country's October presidential vote, but could impact the economy even before then. A strong showing by the opposition coalition would be cheered by markets in an election that will also test the national appeal of an eccentric right-wing anti-establishment candidate who is an admirer of former President Donald Trump. The primary is seen as a thermometer of voter preference ahead of the Oct. 6 election, which is expected to shift Argentina to the right with the current left-leaning government bottoming out in the polls amid rising poverty, a rapidly depreciating currency and galloping annual inflation that tops 100%. Sunday’s primary officially serves two purposes: determine the candidates that will run in the October election and weed out any candidates who don’t receive at least 1.5% of the vote. But it also serves as a massive, nationwide opinion poll in a country where pre-election polls have been notoriously wrong in the past. The primary can have an economic impact. Four years ago, an unexpectedly strong showing by now-President Alberto Fernández led to a sharp depreciation of the currency as markets saw the primary results indicating that business-friendly President Mauricio Macri was on his way out. The local currency, the Argentine peso, has seen its value plunge in parallel markets ahead of Sunday’s vote. Stringent capital controls mean that access to the official foreign exchange market is extremely limited, so parallel rates have flourished. Economists will be watching to see signs that the main center-right opposition could win the presidential election outright and avoid a second round runoff in November. “There is enthusiasm, especially outside of Argentina, about a profound regime change, but without going to the opposite extreme,” said Mariano Machado, principal analyst for the Americas at Verisk Maplecroft, a global risk intelligence firm. The wildcard of the race is upstart populist candidate Javier Milei, who has gained popularity thanks to his angry screeds against the ruling class and has found followers among those who are tired of politics as usual. His unorthodox proposals that include dollarizing the economy and getting rid of the Central Bank have found particular backing among the young. “We’re fed up with the status quo, with the same old thing, with the same last names that are on the ballot, we want to change things up a bit, and give an opportunity to someone who nobody knows if he will do well, but we’re going to give him a chance,” Efraín Viveros, a 20-year-old nursing student said Monday at Milei’s closing campaign rally in Buenos Aires. A strong showing for the main center-right coalition could buoy the market, but a stronger-than-expected showing for Milei would likely send the local currency, the peso, tumbling and cause general disarray in the markets due to uncertainty over his policies. The main presidential contenders all represent a rightward shift away from Fernández, who is not seeking reelection and has been largely absent from the campaign. Also largely absent has been his vice president, Cristina Fernández, who was the country’s president from 2007 to 2015. In the currently ruling coalition, Union for the Homeland, there is little doubt that Economy Minister Sergio Massa, a market-friendly politician, will receive the nomination although he is facing a challenge from a leftist candidate, Juan Grabois. A key contest Sunday will play out in the center-right United for Change opposition coalition with Buenos Aires Mayor Horacio Rodríguez Larreta facing off against former Security Minister Patricia Bullrich to determine who will be its candidate. Pollsters say the winner of this race will have a strong chance of becoming president. Regardless of who comes out on top, analysts will be watching closely whether a strong showing by the opposition could suggest an outright victory in October without a runoff. “While we expect a volatile political transition given macroeconomic woes, the (primaries) outcome could improve market sentiment, supported by a likely policy shift next year,” said the Institute of International Finance, a Washington-based association of the financial services industry, in a recent report. Milei was the only major candidate who held his final campaign rally. Other called off what were supposed to be their final events before the vote following the killing of an 11-year-old girl during a snatch-and-grab robbery Wednesday. The death of Morena Domínguez in an attack by two motorcycle-riding thieves in the Buenos Aires province district of Lanús, left the country reeling and put crime at the forefront of a campaign that had been dominated by economic issues. Also likely to impact the final days before the vote was the Thursday death of a leftist political activist, who suffered a heart attack while being detained by police during a protest in downtown Buenos Aires. Besides presidential voting in October, about half of Argentina’s lower house of Congress and one-third of the Senate will be up for grabs. Voting is mandatory in Argentina but the fine for failing to cast a ballot is largely symbolic. Recent national elections have seen a participation rate of around 70%. ——— Associated Press journalists Débora Rey and Almudena Calatrava contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide They lost everything in the Paradise fire. Now they're reliving their grief as fires rage in Hawaii Doctors in England walk off job again as pay dispute with UK government shows no progress Italy gets back 266 antiquities from New York seizures and Houston museum
2023-08-12 01:47
Brazil Rolls Out $350 Billion Investment Plan to Boost Economy
Brazil Rolls Out $350 Billion Investment Plan to Boost Economy
President Luiz Inacio Lula da Silva on Friday unveiled a $350 billion infrastructure investment program designed to boost
2023-08-11 20:47
Argentina’s Primary Election Has Investors Flying Blind
Argentina’s Primary Election Has Investors Flying Blind
Argentina’s primary election on Sunday will be key in dictating how asset prices will move going forward —
2023-08-11 20:28
Meloni-Style Capitalism is Reshaping Corporate Italy
Meloni-Style Capitalism is Reshaping Corporate Italy
For Giorgia Meloni, wielding power in Italy now means steering the country’s biggest businesses too. The premier’s activism
2023-08-11 19:16
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