What We're Watching
Sunak fires the starting gun
British Prime Minister Rishi Sunak delivers a speech calling for a general election outside No. 10 Downing Street, in London, Britain, on May 22, 2024.
REUTERS/Maja Smiejkowska
British Prime Minister Rishi Sunak delivers a speech calling for a general election outside No. 10 Downing Street, in London, Britain, on May 22, 2024.
For embattled leaders with the power to call elections, it’s all about the timing. In Sunak’s case, though his Conservative Party has trailed badly for months, some factors suggest things might only get worse in the fall. More migrant arrivals by boat over the summer will add to his political headaches, particularly if the government’s plan to fly some to Rwanda runs into more legal challenges and delays.
He does have some positive economic news to work with.Newly released data from the Office for National Statistics on Wednesday indicated that UK inflation fell to just 2.3% in April, allowing Sunak to say he kept his promise to cut inflation in half during his tenure.
Will Sunak’s earlier-than-expected election date help Tories stage a stunning comeback? Not likely, says Eurasia Group’s Mujtaba Rahman. Instead, he forecasts, “Labour will capitalize on the public’s desire for change after 14 years of Tory rule and will win a comfortable majority.”
China has defied Western sanctions for years and buys as much as 90% of Iran’s oil exports.
Think you know what's going on around the world? Here's your chance to prove it.
President Bola Tinubu faces strong headwinds in his bid for a second term.
Critics have said that Zelensky – now in his seventh year in office – has been in power for too long.