Global Economic Impact of Political Turmoil in Major Western Countries

Reported about 1 year ago

Recent election results in the UK, France, and European Parliament, as well as the US presidential election debates, show low public support for existing ruling parties leading to leadership crises. Right-wing parties have seen increased support in various elections, including the recent French parliamentary election where the National Rally emerged as a major winner in the first round but was surpassed by center-left coalitions in the second round, showcasing the rise of right-wing populism in Europe. The US presidential debate also highlighted issues with both candidates. The article warns that the rise of right-wing populist parties could impact global economic policies, while urging against trade protectionism and fiscal policies favoring the wealthy. The article emphasizes the importance of international cooperation amid growing global uncertainties.

Source: YAHOO

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