Connect with us

Hi, what are you looking for?

Latest News

Australia’s center-left Labor Party looks set to retain power, according to media projections

Australia’s Prime Minister Anthony Albanese looks set to secure a second term in office, media networks project, with voters choosing stability over change against a backdrop of global turmoil inflicted by a returning US President Donald Trump.

Albanese’s Labor Party needs at least 76 of 150 lower-house seats to win a majority, and while votes were still being counted, early swings towards Labor suggested the party would retain government, according to projections from national broadcaster the ABC.

Australia’s projected return of a left-leaning government follows Canada’s similar sharp swing towards Mark Carney’s Liberal Party earlier this week.

A victory on Saturday would make Albanese the first Australian Prime Minister to win re-election for two decades, since John Howard in 2004.

This post appeared first on cnn.com

You May Also Like

Stock

In this video from StockCharts TV, Julius examines the theoretical sector rotation model and aligns it with current state of sector rotation on Relative...

Economy

A man holds stacks of devalued Zimbabwean currency. Zimbabwe’s historical relationship with money has been inundated with mistakes, recklessness, and hardship. During the peak...

Stock

In this edition of StockCharts TV‘s The Final Bar, Dave uncovers strength in SQSP using the Stochastics Oscillator and the StochRSI indicator. He shares...

Stock

In the last quarter of 2024, semiconductors have been walking a tightrope between tariff fears and supply chain uncertainties. Geopolitical tensions between the US...