Tag Archives: setback

Far-right AfD deals setback to Merkel's CDU in German state vote

Far-right AfD deals setback to Merkel's CDU in German state voteThe far-right Alternative for Germany (AfD) beat Chancellor Angela Merkel’s conservatives into third place in Sunday’s regional election in the eastern state of Thuringia, in which the incumbent far-left Linke came first, an exit poll showed. The result follows the AfD’s successes in the eastern states of Saxony and Brandenburg, where it surged into second place in Sept. 1 elections, and marks a setback from Merkel’s Christian Democrats (CDU).



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Hong Kong protesters face crucial weekend test after airport setback

Hong Kong protesters face crucial weekend test after airport setbackHong Kong’s pro-democracy movement faces a major test this weekend as it tries to muster another huge crowd following criticism over a recent violent airport protest and as concerns mount over Beijing’s next move. Chinese state media have put out images of military personnel and armoured personnel carriers across the border in Shenzhen, while the United States has warned Beijing against sending in troops, a move many analysts say would be a reputational and economic disaster for China. The nationalistic Global Times newspaper said there would not be a repeat of the Tiananmen Square crackdown, in which hundreds — or even thousands — are believed to have been killed, if Beijing moves to quash the protests.



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UPDATE 8-Turkish opposition set to seize Ankara in major setback for Erdogan

UPDATE 8-Turkish opposition set to seize Ankara in major setback for ErdoganTurkey’s main opposition party appeared on course to seize control of Ankara in Sunday’s local elections, defeating President Tayyip Erdogan’s AK Party in the capital for the first time since he came to power 16 years ago. With almost 90 percent of votes counted, the mayoral candidate of the secularist opposition Republican People’s Party (CHP), Mansur Yavas, had secured 50.3 percent, giving him a 2.8 percentage points lead over his AKP rival.



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Citigroup to sell Venezuelan gold in setback to President Maduro: sources

Citigroup to sell Venezuelan gold in setback to President Maduro: sourcesMaduro’s government has since 2014 used financial operations known as gold swaps to use its international reserves to gain access to cash after a slump in oil revenues left it struggling to obtain hard currency. Under the terms of the 2015 deal with Citigroup’s Citibank, Venezuela was due to repay $ 1.1 billion of the loan on March 11, according to four sources familiar with the situation. Citibank plans to sell the gold held as a guarantee – which has a market value of roughly $ 1.358 billion – to recover the first tranche of the loan and will deposit the excess of roughly $ 258 million in a bank account in New York, two of the sources said.



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Citigroup to sell Venezuelan gold in setback to President Maduro: sources

Citigroup to sell Venezuelan gold in setback to President Maduro: sourcesMaduro’s government has since 2014 used financial operations known as gold swaps to use its international reserves to gain access to cash after a slump in oil revenues left it struggling to obtain hard currency. Under the terms of the 2015 deal with Citigroup’s Citibank, Venezuela was due to repay $ 1.1 billion of the loan on March 11, according to four sources familiar with the situation. Citibank plans to sell the gold held as a guarantee – which has a market value of roughly $ 1.358 billion – to recover the first tranche of the loan and will deposit the excess of roughly $ 258 million in a bank account in New York, two of the sources said.



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Federal judge deals setback to Trump's asylum restrictions

Federal judge deals setback to Trump's asylum restrictionsA US federal judge dealt a new setback to President Donald Trump’s anti-immigration efforts Wednesday, declaring unlawful a decision to block domestic and gang violence victims from seeking asylum. On June 11, then-attorney general Jeff Sessions announced that being a victim of domestic violence or a gang target was not sufficient grounds to seek asylum.



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Coal booster joins energy regulator, dealing setback to green movement

Coal booster joins energy regulator, dealing setback to green movementBernard L. McNamee, who is now one of the nation’s top energy regulators, took the opportunity last Earth Day to praise oil and coal.



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Taiwan president quits as party chair after local election setback

Taiwan president quits as party chair after local election setbackThe results of the polls, being held just over a year before Taiwan’s next presidential election, are likely to please China, which claims self-ruled and proudly democratic Taiwan as its own and has ramped up pressure on Tsai and her administration since she took office in 2016. In the run-up to the elections, Tsai and her government said repeatedly that China was trying to sway voters with “political bullying” and “fake news”, accusations that Beijing denied. The DPP lost control of the mayoralties in Taiwan’s second-most populous city Taichung and the key battleground of Kaohsiung in the south, which it held for two decades and played a central role in Taiwan’s pro-democracy movement in the 1970s.



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Merkel to give up party leadership after poll setback

Merkel to give up party leadership after poll setbackGermany’s Angela Merkel will not run for re-election as leader of her centre-right CDU, sources said Monday, in the clearest sign yet that the veteran chancellor is preparing her eventual exit after voters again punished her fragile coalition in a regional poll. Merkel, who has headed the CDU for 18 years, had until now always indicated that she believed the posts of party leader and chancellor should be held by the same person. “She will not stand again for the chairmanship of her party,” a source within the Christian Democratic Union told AFP.



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Hungary's Orban comes out fighting after EU setback

Hungary's Orban comes out fighting after EU setbackThe European Parliament’s threat to unleash sanctions against Hungary over democracy concerns was a stunning political blow against Prime Minister Viktor Orban, but his dominance at home means defeat can still be spun as a win. A resolution passed in Strasbourg Wednesday ruled that the Hungarian government posed a “systemic threat” to the EU’s founding values of democracy and the rule of law. The vote, backed by Manuel Weber, the head of the European People’s Party — the grouping Orban’s Fidesz party also belongs to — could in theory lead to Budapest being stripped of its EU voting rights.



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