Boris Johnson replacement vote ousts Badenoch

Published

4 years ago

July 20, 2022

Kemi Badenoch is ousted as the Tories cast their second-last round of votes to replace Boris Johnson as the UK prime minister

Rishi Sunak emerged once again as the Tory parliamentary party favourite as the voting rounds near and end as Conservatives replace Boris Johnson.

Kemi Badenoch – a wildcard entrant who was a relative unknown outside of Westminster circles, was eliminated.

I’m grateful to my colleagues and the party members who have supported me.

This campaign began less than two weeks ago. What we’ve achieved demonstrates the level of support for our vision of change for our country and for the Conservative Party.

Thank you. pic.twitter.com/2hnk3nyynY
— Kemi Badenoch (@KemiBadenoch) July 19, 2022

This leaves Rishi Sunak, Liz Truss and Penny Mordaunt remaining.

LIZ TRUSS, THE UK FOREIGN SECRETARY, IS BEING BACKED BY THE RIGHT WING OF THE CONSERVATIVES TO REPLACE BORIS JOHNSON AS PM

There is only one more party vote to take place, which will see one of the remaining three contestants being ousted.

PENNY MORDAUNT, WHO WAS THE UK’S FIRST FEMALE DEFENCE SECRETARY IN 2019

After that, the final two will face a postal ballot of the entire UK Conservative membership.

RISHI SUNAK, FORMER UK CHANCELLOR AND CURRENT FRONTRUNNER AMONG PARLIAMENTARY TORIES AS THEY VOTE TO REPLACE BORIS JOHNSON

An estimated 160,000 members will vote and the winner of the final two candidates will become the Tory leader.

They will move into Number 10 Downing Street and take over from Boris Johnson on September 5th as prime minister of the United Kingdom.

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

3 days ago

January 30, 2026

Harvey Vargas

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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News

Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

Published

4 days ago

January 29, 2026

Harvey Vargas

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy

News

Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

Published

4 days ago

January 29, 2026

Harvey Vargas

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy