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An excerpt from the article book "The Rebel: Elizabeth Warren, Bernie Sanders, Alexandria Ocasio-Cortez, and the Struggle for a New American Politics" is presented, which analyzes the potential effects of the brands of populism promoted by former U.S. President Donald J. Trump and U.S. President Joe Biden on U.S. politics and the economy.

The article discusses developments on the U.S. Presidential election to be held on November 5, 2024. Topics mentioned include the percentage of voters who are approved or disapproved of Joe Biden and Donald Trump, the concerns of voters on the effectiveness of Biden due to his age, a description of Biden's record of achievements, the desire of younger voters for better candidates aside from Trump and Biden, and the money raised by Republican candidates through September 2023.

The article discusses the implications of 2024 election calendar on the world economy, with 40 countries holding their national elections. Topics discussed include the competition among countries and companies to lock down raw materials necessary for transitioning to cleaner energy, effect of Taiwan's presidential election on U.S.-China relations, and investors' view about political risk in the U.S.

The Czech Republic's center-right government is proposing further austerity measures in its next budget, which could potentially lead to the return of populist billionaire Andrej Babis to power. The Finance Ministry has suggested a fourth year of budget deficit reduction, but these measures are testing the patience of the Czech public and causing tension within the ruling coalition. Populist parties are gaining momentum in Europe due to economic concerns, immigration, and fatigue in financing Ukraine's resistance to Russia. The draft budget has already caused consternation within the ruling coalition, with some parties finding the proposed cuts unacceptable. The government is attempting to balance fiscal restraint with increased funding for defense, roads, and education, but is facing criticism from labor unions and economists for curbing public-sector wage growth and benefits too much. [Extracted from the article]

Germany's political center is at risk of losing ground in upcoming regional elections in the states of Thuringia and Saxony. The far-right Alternative for Germany (AfD) and a new fringe party co-founded by former Left Party lawmaker Sahra Wagenknecht are projected to gain significant support. Chancellor Olaf Scholz's ruling coalition is expected to be the biggest loser, with combined support for the three parties below 15%. The rise of anti-establishment sentiment and dissatisfaction with mainstream parties is evident in both eastern and western Germany, fueled by economic struggles, immigration concerns, and a sense of being left behind. [Extracted from the article]

Germany's political landscape is becoming increasingly antagonistic, with the far-right Alternative for Germany (AfD) and a new fringe party co-founded by former Left Party lawmaker Sahra Wagenknecht gaining support. The upcoming regional elections in Thuringia and Saxony are expected to show a decline in support for Chancellor Olaf Scholz's ruling coalition. Frustration is high, particularly in eastern Germany, where average incomes are lower and job opportunities are scarce. The AfD's controversial leader, Björn Höcke, has been a key factor in the party's success, despite his provocative statements. However, there are concerns about the party's extremism and the potential for it to gain more power. [Extracted from the article]

Brazil is facing a drought that is expected to lead to an increase in electricity bills starting in September. The country has implemented a three-flag system that raises the cost of electricity during peak hours if there is a higher demand for thermal plants. Currently, the green flag will be replaced by a yellow flag next month, but it is anticipated that the year will end with a green flag again due to expected rains in October. The drought has also contributed to wildfires, which have been caused by low humidity, a heat wave, and criminal activity. The state of Sao Paulo has experienced a record number of blazes, with losses reported in sugar-cane regions. The economic team has requested President Luiz Inacio Lula da Silva to appoint the next central bank chief, with Gabriel Galipolo, the bank's monetary policy director, being the favorite candidate. Other directors are expected to be announced at a later date. The economic team is negotiating for the nominee's hearing to take place in the first week of September. [Extracted from the article]

Kamala Harris' campaign for the Democratic nomination has been characterized by a lack of specific economic policies, instead focusing on hope and joy. This approach has been successful so far, with Harris raising over $200 million for her campaign. However, some business executives are cautiously curious about Harris' stance on economic issues and whether she will move the party back towards the center. They hope that Harris will formulate new economic policies that differ from some of the moves made by the Biden administration, such as increased regulatory scrutiny on Wall Street. Harris' lack of policy detail is unusual, but her campaign believes that rolling out new policies will be easy due to the record built by the Biden administration. [Extracted from the article]

Kamala Harris' campaign for the Democratic nomination has been characterized by a lack of specific economic policies, instead focusing on hope, joy, and universal appeal. While this approach has been successful in raising funds and gaining support, it has left business executives uncertain about Harris' stance on key issues. Some within the Democratic party hope that Harris will move the party towards the center and away from the anti-business sentiment that has emerged under Trump. However, without clear policy details, it remains to be seen how Harris will address economic issues and whether she will continue to advocate for Biden's tax plans. [Extracted from the article]

Bolivia's President Luis Arce has announced his intention to hold a referendum on reelection rules and fuel prices in response to the country's political and economic crises. The referendum would consist of four questions, including one on whether to modify the constitution to allow a president to be reelected more than once. This proposal is seen as a way to prevent the reelection of Arce's rival, former president Evo Morales. The other questions would address the continuation of gasoline and diesel subsidies and the increase in the number of deputies. [Extracted from the article]

Women's rights groups have rushed to support Vice President Kamala Harris after President Joe Biden dropped out of the race and endorsed her. However, it is important to recognize that women do not vote as a monolithic bloc, and it is necessary to consider how Harris will appeal to different demographics of women, such as white women, black women, and mothers. While Harris may not be able to reverse the trend of white women voting Republican, her candidacy has energized other female voting demographics, such as women of color and mothers. Boosting support from black women and mothers could be significant for Harris in the polls. Harris has also been more outspoken about abortion than Biden, which may galvanize voters. The support of women's rights groups and the record-breaking fundraising for Harris's campaign indicate a sense of optimism among women, particularly mothers. However, it remains uncertain whether these factors will be enough to shift the electoral map in Harris's favor. [Extracted from the article]

Women's rights groups have rushed to support Vice President Kamala Harris after President Joe Biden dropped out of the race and endorsed her. However, it is important to recognize that women do not vote as a monolithic bloc, and it is necessary to consider how Harris will appeal to different demographics of women, such as white women, black women, and mothers. While Harris may not be able to reverse the trend of white women voting Republican, her candidacy has energized other female voting demographics, such as women of color and mothers. Boosting support from black women and mothers could be significant for Harris in the polls. Additionally, Harris has been more outspoken about abortion rights, which may galvanize voters. It remains to be seen if these factors will be enough to shift the electoral map in Harris' favor, but there is a sense of optimism among women's advocacy groups. [Extracted from the article]

Donald Trump's campaign is changing its strategy to focus on attacking Kamala Harris instead of Joe Biden. Trump has criticized Harris for her record on the US-Mexico border, her time as a prosecutor, and has used derogatory nicknames for her. However, these attacks risk alienating the voters Trump needs to attract, such as suburban women, young adults, and Black and Hispanic people. Republicans have been warned to avoid attacks based on race or gender. The Trump campaign must also consider Harris's choice of running mate and the potential impact on swing states. [Extracted from the article]

Venezuela's opposition party, the Unitary Platform, is relying on a network of citizen witnesses to minimize the risk of vote tampering in the upcoming election. These volunteers will observe the count at the country's polling tables on July 28, as there is very little international oversight. The witnesses' presence is crucial to ensure the proper supervision of the election, especially given the ruling party's history of flawed practices. Despite the risks involved, many Venezuelans are optimistic and willing to volunteer as witnesses. The opposition is hosting virtual trainings for its witnesses, but they have not yet received the required credentials from the electoral authority. Venezuelan witnesses face various challenges, including being asked to help with other duties, being denied entry to voting centers, and threats. In the past, claims of fraud have not always been addressed, and the ruling party has remained in power despite evidence of vote tampering. The opposition is committed to taking care of each voting table and respecting the voting minutes. The government accuses the opposition of trying to disavow the results and pressure the international community to maintain sanctions against Venezuela. Despite the government's dismissal, credible polls show a significant lead for the opposition. The election is scheduled to take place on July 28, and the opposition's candidate, Edmundo González, remains in the race. [Extracted from the article]

Democratic donors are increasingly calling for President Joe Biden to step aside for the party's chances in the November election. The recent assassination attempt on Donald Trump has galvanized support around the former president and eased pressure on Biden to reconsider his bid. Concerns about Biden's age and ability to overcome voter angst persist, and some donors are threatening to withhold funds from a ticket with Biden at the top. However, Biden has repeatedly rebuked calls to drop his reelection bid and remains committed to running. Time is running out for Democrats to make a change, as Biden is set to be formally nominated this month. Some donors hope for unity or a younger candidate, while others are resigned to waiting for fresh polling or considering Vice President Kamala Harris as an alternative. Overall, the election is seen as being about Donald Trump rather than the Democrats. [Extracted from the article]

Democratic donors are still urging President Joe Biden to step aside for the party's chances in the November election, despite the recent assassination attempt on former President Donald Trump. Interviews with anonymous donors and fundraisers reveal a sense of gloom and concern about Biden's ability to overcome voter angst about his age. Some elected officials, including House Democrat Adam Schiff, have also called on Biden to drop out. However, Biden has repeatedly rebuked these calls and emphasized his commitment to his reelection bid. Time is running out for Democrats to make a change, as the party is set to virtually nominate Biden in early August. [Extracted from the article]

Democratic donors are increasingly calling for President Joe Biden to step aside for the party's chances in the November election. The recent assassination attempt on Donald Trump has galvanized support around the former president and eased pressure on Biden to reconsider his bid. Concerns about Biden's age and his ability to overcome voter angst have grown, with a survey showing that 65% of Democrats believe he should withdraw. However, Biden has repeatedly rebuked calls to drop his reelection bid and has emphasized that he is "all in." Time is running out for Democrats to make a change, as the party is set to virtually nominate Biden in early August. Some donors hope for unity or for Biden to pass the torch to a younger candidate, while others are resigned to letting time pass before reviving efforts to shake up the ticket. [Extracted from the article]

Yuriko Koike has won a third term as Tokyo Governor, providing some relief for Prime Minister Fumio Kishida and his ruling party. Koike secured the victory with 42.8% of the vote, beating a record 55 challengers. The governorship of Tokyo is a high-profile position, overseeing a metropolis with a large economy and population. Koike's win comes as Kishida's support rate is at its lowest levels, and his party suffered losses in special elections for Tokyo's municipal assembly. Koike has pledged to address Tokyo's challenges, including inflation and improving childcare support. [Extracted from the article]

Tokyo Governor Yuriko Koike has won a third term, according to NHK projections, providing some relief for Prime Minister Fumio Kishida and his ruling party. Koike defeated 55 challengers, including Renho Saito, who was backed by the main opposition party. In her post-election speech, Koike pledged to address Tokyo's falling fertility rate and improve childcare support. The governorship of Tokyo is a high-profile position, overseeing a metropolis with a large economy and population. The Liberal Democratic Party unofficially supported Koike by not fielding its own candidate. [Extracted from the article]

The political turbulence caused by President Emmanuel Macron's snap election has raised concerns among executives in France's business community. Regardless of the outcome of the parliamentary election, many see it as the start of a more turbulent period, potentially hindering France's ability to address its budget deficit and implement pro-business reforms. This uncertainty has led to a dumping of French assets, driving up borrowing costs and lowering stocks. The situation has also affected France's image as a top destination for foreign direct investment. The main concern for the economy lies in managing the country's debt and public deficit, which will be a challenge for the new government when it attempts to pass a budget later this year. The leftist New Popular Front's campaign pledges would require an additional €179 billion per year, while the far-right National Rally's plans would cost about €71 billion. France's main business lobby, Medef, has criticized both the far-right and left platforms as "dangerous" to the economy. The fiscal situation was already impacting sentiment in France before the snap election, with S&P Global Ratings downgrading the country and the European Union initiating an excessive deficits procedure. Surveys indicate that the far-right National Rally is projected to win a significant number of seats in the lower house of parliament, but not enough to easily pass bills and push through its agenda. The New Popular Front alliance and Macron's party are also expected to win seats. Energy has been a contentious issue in the campaign, with both the far right and left promising costly subsidies [Extracted from the article]

India's opposition party, the Indian National Congress, plans to challenge the ruling Bharatiya Janata Party (BJP) on multiple fronts in parliament, according to senior opposition leader Shashi Tharoor. Tharoor stated that BJP leaders appeared "shaken" by a recent fiery speech by opposition leader Rahul Gandhi, signaling a more forceful opposition presence in India. The Congress-led opposition alliance delivered a surprise setback to the BJP in recent elections, denying them a parliamentary majority for the first time since 2014. The expanded presence of the opposition in parliament gives them a mandate to present an alternative agenda to the ruling party. [Extracted from the article]

Andrea González, the running mate of slain presidential contender Fernando Villavicencio, is now running for president herself in Ecuador. She aims to address the country's violent crisis and inspire younger Ecuadorians to help solve the nation's problems. González plans to tap into the private sector and cutting-edge technology to fight crime and enact positive change. However, her biggest challenge is name recognition, as only 30% of respondents in a recent poll knew of her. Despite this, Ecuadorian politics are volatile, and González remains hopeful about the nation's ability to overcome its crises. [Extracted from the article]

The company is similar to factoring firms that loan money against unpaid invoices so companies get paid faster, with differences that it says make accessing cash easier and cheaper for small businesses. Keywords: 0236393Z; 596856Z; ALLTOP; BUSINESS; COS; EXE; GEN; GENTOP; GOV; NORTHAM; POL; TOP; US; WORLD; WWTOP; WWTOPAM EN 0236393Z 596856Z ALLTOP BUSINESS COS EXE GEN GENTOP GOV NORTHAM POL TOP US WORLD WWTOP WWTOPAM RH86QJT0G1KW The former Georgia House minority leader has been touting her credentials as a serial entrepreneur who understands the needs of small businesses. [Extracted from the article]

The article analyzes the prospect of a strong U.S. economy under U.S. President Joe Biden and his possible reelection to a second term. Data presented show growth in payrolls, consumer sentiment and real wages and decline in gas prices. It looks back at how then U.S. President Ronald Reagan recovered his political standing and the recovery of the U.S. economy in the 1980s. It suggests the potential for independents and Republicans to turn to President Biden as economic confidence trends upward.

Rahul Gandhi, leader of the Indian National Congress, recently shared a stage with Prime Minister Narendra Modi in Parliament, marking a significant shift in their relationship. The Congress party gained parliamentary seats in the recent national elections, making Gandhi the leader of the opposition. This development signals a new chapter for Gandhi and the powerful Gandhi dynasty, which has struggled to connect with voters in recent years. With the loss of its parliamentary majority, Modi's ruling party will have to work more closely with Gandhi and regional leaders, leading to a more contentious legislature. Gandhi's rise to the leadership post also marks a revival for his family's political brand, which has a significant historical legacy in India. [Extracted from the article]

France's political turmoil is causing concern among some European Union countries about the future of joint military spending and support for Ukraine. Doubts are growing about increasing EU defense spending through collective financing, a plan strongly supported by President Emmanuel Macron. There is also fear that the snap legislative elections called by Macron will undermine his role as a supporter of Ukraine. Macron's party is currently behind far-right and left-wing rivals in polls, which could pose a challenge to EU leaders. The uncertainty surrounding Macron's position could impact additional EU defense spending and France's ability to fulfill its military commitments. [Extracted from the article]

France's political turmoil is causing concern among some European Union countries about the potential impact on joint military spending and support for Ukraine. Doubts are growing about increasing EU defense spending through collective financing, a concept strongly supported by President Emmanuel Macron. There is also fear that the snap legislative elections called by Macron could undermine his role as a supporter of Ukraine, including his plan to send army trainers. Macron's struggles and the potential rise of Marine Le Pen's National Rally pose challenges to EU leaders, who are meeting to discuss their response to Russian aggression. [Extracted from the article]

The St. Petersburg International Economic Forum, an annual event in Russia, is increasingly becoming a platform for the children of the Kremlin elite to showcase their influence and power. This year, Vladimir Putin's daughters, Maria Vorontsova and Katerina Tikhonova, are among the speakers, along with the children of other high-ranking officials. The forum, which used to attract global leaders, now has a more anti-Western agenda and focuses on attracting guests from Asia, the Middle East, and Africa. The rise of the next generation of political elites in Russia is seen as a way to renew and rejuvenate the country's ruling class. [Extracted from the article]

The St. Petersburg International Economic Forum, a flagship economic event in Russia, is increasingly becoming a platform for the children of the Kremlin elite. Vladimir Putin's daughters, Maria Vorontsova and Katerina Tikhonova, are among the speakers at the forum, along with the children of other high-ranking officials. The rise of these individuals is seen as a reflection of the importance of kinship in Putin's regime. The forum, which used to attract global leaders, now has a more anti-Western agenda and focuses on attracting guests from Asia, the Middle East, and Africa. [Extracted from the article]

Brazil's former president, Luiz Inacio Lula da Silva, is attempting to win over evangelical voters who previously rejected him. Evangelicals, who make up about a third of Brazil's population and hold significant political power, turned away from Lula's leftist Worker's Party due to its socially progressive positions and corruption scandals. Lula is now enlisting evangelical leaders to combat poverty and has backed tax breaks for houses of worship. However, he faces challenges in overcoming the gains made by conservatives who have capitalized on voters' religious beliefs and cultural anxiety. [Extracted from the article]

The St. Petersburg International Economic Forum, a flagship economic event in Russia, is increasingly becoming a platform for the children of the Kremlin elite. This year, Vladimir Putin's daughters, Maria Vorontsova and Katerina Tikhonova, are among the speakers, along with other prominent figures such as the daughter of former Defense Minister Sergei Shoigu and the son of Kremlin Chief of Staff Anton Vaino. The forum, which used to attract global leaders, now has a more anti-Western agenda and focuses on attracting guests from Asia, the Middle East, and Africa. The rise of the next generation of political elites is seen as a way to renew and rejuvenate the current power structure under Putin's extended rule. [Extracted from the article]

Brazil's former president, Luiz Inacio Lula da Silva, is attempting to win over evangelical voters who previously rejected him. Evangelicals, who make up about a third of Brazil's population and hold significant political power, turned away from Lula's leftist Worker's Party due to its socially progressive positions and corruption scandals. Lula is now enlisting evangelical leaders to combat poverty and has backed tax breaks for houses of worship. However, he faces challenges in overcoming the gains made by conservatives who have capitalized on voters' religious beliefs and cultural anxiety. [Extracted from the article]

Mexicans voting abroad in the recent historic election faced significant delays and, in some cases, were denied the opportunity to cast their ballots. Reports and social media posts showed long lines of voters in various locations, with some waiting for over 12 hours without being able to vote. This was the first year that Mexican citizens could vote in a federal election from abroad, and the number of registered voters from other countries increased by 25% compared to 2018. The experiences of voters varied, with some being turned away without explanation and others facing technical difficulties and limited resources at polling locations. [Extracted from the article]

Icelandic entrepreneur and investor Halla Tomasdottir has been elected as the president of Iceland, defeating former premier Katrin Jakobsdottir. Tomasdottir received 34.3% of the votes, while Jakobsdottir received 25.2%. Tomasdottir, who advocates for transparency in business and equality, is the second woman to serve as Iceland's head of state. The role of the president in Iceland is significant as a unifying force and guardian of the language, with limited constitutional powers. Tomasdottir plans to focus on discussions about the country's core values and empowering young people. [Extracted from the article]

Iceland, known for being the most gender equal country in the world, is preparing to elect a woman as president for the second time in its history. The current president, Gudni Th Johannesson, is stepping down after two terms, and two women, Katrin Jakobsdottir and Halla Tomasdottir, are leading the race in the polls. Iceland has a strong history of female empowerment, with women famously going on strike every few years to protest remaining inequalities. The president's role is significant as a unifying force in the nation and as a guardian of the Icelandic language. The election results are expected to be announced soon after the polling stations close. [Extracted from the article]

Iceland, known for being the most gender equal country in the world, is preparing to elect a woman as president for the second time in its history. The current president, Gudni Th Johannesson, is stepping down after two terms, and two women, Katrin Jakobsdottir and Halla Tomasdottir, are leading the polls. Iceland has a strong history of female empowerment, with women famously going on strike to protest against remaining inequalities. The president's role is significant as a unifying force in the country and as a guardian of the Icelandic language. [Extracted from the article]

Taiwan's President Lai Ching-te is facing challenges in bolstering the island's defenses against increasing military threats from China. The opposition-dominated parliament has updated a bill to expand lawmakers' powers to investigate government projects and policies, despite protests from Lai's ruling Democratic Progressive Party. The revisions could potentially expose details of secretive foreign defense deals, which could harm Taiwan's relationships with US allies. The legal battle reflects Taiwan's divided legislature and will hinder Lai's efforts to unite the country around his defense and foreign policy agenda. The Biden administration wants Taiwan to modernize its military to counter the threat from Beijing, but Lai's administration will need to reduce reliance on overseas companies and experts. [Extracted from the article]

China has urged South Korea to maintain stable supply chains during their three-way summit with Japan. Premier Li Qiang emphasized the importance of being trustworthy neighbors and avoiding turning economic issues into political ones. China also expressed its openness to foreign enterprises, including Samsung, and pledged to improve the business environment. The leaders of the three countries discussed various topics, including North Korea, green energy cooperation, and tensions in the Taiwan Strait. While the summit brings risks and rewards for all three countries, China sees it as an opportunity to improve relations with Japan and South Korea without the involvement of the United States. [Extracted from the article]

China has urged South Korea to maintain stable supply chains during their three-way summit with Japan. Premier Li Qiang emphasized the importance of being trustworthy neighbors and avoiding turning economic issues into political ones. Li also welcomed South Korean firms, including Samsung, to expand their investments in China. The leaders of Japan and South Korea agreed to continue shuttle diplomacy and discussed green energy cooperation and concerns over China's actions in the East China Sea. The summit, which was on hold for nearly five years due to the pandemic and geopolitical tensions, provides an opportunity for China to improve relations with Japan and South Korea without the involvement of the United States. [Extracted from the article]