Hans Peter Doskozil emerged victorious from a tumultuous leadership race within Austria’s opposition Socialist Party, pledging to shield workers from the impact of inflation in a bid to bolster support ahead of parliamentary elections due next year.
Turkish President Recep Tayyip Erdogan took oath in parliament for another five-year term, hours before he’s expected to announce his new cabinet.
Imran Khan said Pakistan’s military establishment wanted to stop his opposition party from winning the next election, paving the way for a weak government as the country seeks to stave off a financial crisis.
Indonesia Defense Minister Prabowo Subianto defended a new peace proposal for Ukraine that would leave Russian occupying forces in place, saying Asian nations know the costs of war as well or better than their European counterparts.
President Joe Biden is seizing on the debt limit deal he negotiated as an opening argument for reelection, though he faces a tough sell with voters who are skeptical of his performance in office.
Kristalina Georgieva, managing director of the International Monetary Fund, said Bulgaria, her homeland, is “destined” to enter the euro zone despite political deadlock over the past three years that’s hampered the nation’s bid to join Europe’s single currency.
The European Central Bank’s monetary policy is correct though a more gradual approach to raising interest rates would have been preferable, Governing Council member Ignazio Visco said.
Defense chiefs from around the world gathered in Singapore for Asia’s largest security forum to discuss major threats as tensions rise between the US and China.
Chinese Defense Minister Li Shangfu extended an offer to his Ukrainian counterpart on Saturday to use “all means” of outreach possible to try to end Russia’s war, while also pledging to expand military communications with Kyiv, according to Ukraine’s deputy defense chief.
Vietnam needs to prioritize growing the economy with inflation under control and its export-dependent businesses struggling with declining orders, Prime Minister Pham Minh Chinh said during the government’s monthly meeting on Saturday in Hanoi.
