Federal Reserve Chair Jerome Powell risks clearing the way for Donald Trump to win the presidency in 2024 if he doesn’t immediately start cutting interest rates, a top progressive lawmaker claimed Wednesday. Ro Khanna, an outspoken California Democrat who has repeatedly blasted Powell over the Fed’s handling of inflation, once again took aim at the … Read more
LONDON — Britain’s chief finance minister Jeremy Hunt will unveil his next budget on March 6, the U.K. government said Wednesday. The U.K. Treasury said in a statement the Chancellor of the Exchequer had commissioned the budget watchdog, the Office for Budget Responsibility, to prepare economic and fiscal forecasts for the budget on the March … Read more
Press play to listen to this article Voiced by artificial intelligence. BELGRADE — Young people and students, switching between playing football and lively dancing at a street crossing at noon in Belgrade, might fool a bystander into thinking they are just out to have a good time. Only their placards, and occasional chants, reveal they … Read more
Wolfgang Schäuble, former German finance minister, longstanding senior lawmaker and a key figure behind Berlin’s controversial austerity push during the eurozone financial crisis, has died at the age of 81. Schäuble, a member of the center-right Christian Democratic Union (CDU) since 1965, “fell asleep peacefully at home with his family” on Tuesday evening after a … Read more
Well, here we are folks, at the end of another turbulent year. When we put this list together at the end of 2022, its contents largely covered something many of us thought we would not see again in our lifetime: a major war in Europe. Now, we are grappling with two wars in our immediate … Read more
Dozens of people have been detained during mass protests in Serbia amid claims that elections earlier this month were rigged in favor of the ruling party. Thousands gathered outside a police station in the capital, Belgrade, on Monday evening demanding the release of at least 38 demonstrators believed to have been arrested. Authorities fired tear … Read more
Press play to listen to this article Voiced by artificial intelligence. Ivo Daalder: Isolationism The next year will be marked by a profound debate within the U.S. about America’s future global role, and its outcome will be watched with great trepidation by the rest of the world. For 80 years now, the U.S. has embraced … Read more
Press play to listen to this article Voiced by artificial intelligence. Best performance by a German pretending to be president of Europe. Winner: Ursula von der Leyen Frederick Florin/AFP via Getty Images Poor Ursula von der Leyen. Try as she might not just to project power, but to wield it, the European Commission president runs … Read more
The Colorado Supreme Court ignited a political firestorm with its ruling that former President Donald Trump is ineligible to hold office again, disqualifying him from appearing on the state’s primary ballot. Just how far those embers reach — and how hot they burn — in coming weeks could shape the country’s political discourse and electoral … Read more
Press play to listen to this article Voiced by artificial intelligence. The holidays are a time for family, friends, and of course … politics at the dinner table. Here are the best/weirdest Christmas gifts POLITICO managed to scrounge up for that conservative aunt, the environmentally conscious cousin or that one die-hard Brussels-bubble-fanatic friend. Tis the … Read more
