Austria may be willing to relax its veto on expanding the European Union’s passport-control-free Schengen zone to Romania and Bulgaria, proposing access for air travel to and from the two countries.
Australian Prime Minister Anthony Albanese’s plunging approval rating, stoked by public discontent on everything from inflation to immigration, is set to make 2024 a critical year for his government, as national elections loom on the horizon.
From Washington to Frankfurt to London and beyond, central bankers are approaching their final decisions of the year against a backdrop of unease at how the global inflation cycle is turning.
Egyptians began voting Sunday in a three-day-long election, with President Abdel-Fattah El-Sisi all but certain to win a third term even as the North African nation grapples with its worst economic crisis in years.
Javier Milei took office as Argentina’s president Sunday, promising to eradicate inflation and rescue the nation’s troubled economy with a shock-therapy program based on drastic cuts to public spending.
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