June 8, 2025
Sydney 29 ℃

Mongolian PM resigns after losing confidence vote

Mongolian Prime Minister Oyun-Erdene Luvsannamsrai (AP) Mongolian Prime Minister Luvsannamsrain Oyun-Erdene resigned on Tuesday after failing to secure enough support in a confidence vote, a parliamentary statement said.It comes after weeks of public protests against allegations of corruption.Oyun-Erdene received just 44 votes in the 126-seat parliament, well below the 64 needed to remain in office.Following […]

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US consumer confidence sinks to 5-year low driven by tariffs, recession fears

AI-generated image (Credit: Bing image creator) American consumer confidence in the economy has dropped to its lowest level since the onset of the Covid-19 pandemic. The Conference Board reported a sharp 7.9-point decline in April, bringing the index down to 86, marking the lowest reading since May 2020. The decline is being largely attributed to […]

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