French government collapses: PM François Bayrou loses confidence vote after 9 months in office

France PM François Bayrou loses confidence vote on Monday. Just within nine months in office, the François Bayrou government in France collapsed on Monday as lawmakers ousted the PM in a confidence vote. A total of 364 MPs voted against Bayrou and 194 voted for him after he called the vote in a bid to […]

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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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