News

Romanian president nominates new Prime Minister

Published

3 years ago

October 12, 2021

ticker NEWS, Natasha Schapova

A week ago the country was in chaos after toppling the minority government

Romania is set to have a new Prime Minister, with the current president nominating a European Union veteran for the position.

The proposed leader served as prime minister of Romania between 2015 and 2017 and is a former EU agriculture commissioner.

This comes after a no-confidence vote ousted the former 9 month-long PM for allegedly having a “dictatorial attitude”, plunging the country into political turmoil.

The former PM’s reformist Save Romania Union withdrew its ministers to evade a parliamentary majority, and filed a no-confidence motion, agreeing to return to government only once the PM was removed.

For the new position to be confirmed, a majority in parliament will need to support the move.

The PM candidate says “our goal is to pull Romania out of crisis and for this we need a lot of responsibility from all political forces”.

Money

Why is “Stagflation” so significant?

Published

7 mins ago

May 6, 2024

ticker NEWS

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

News

Will Tesla’s supercharger layoffs eventually payoff?

Published

11 mins ago

May 6, 2024

ticker NEWS

Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

News

TikTok’s fate in the United States

Published

2 days ago

May 4, 2024

ticker NEWS

TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity