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David Cameron is back, but why?

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David Cameron, 57, served as British prime minister from 2010 to 2016, resigning after the outcome of the Brexit vote, when Britain voted to leave the European Union.

 
Here are some facts about Cameron:

* A former public relations executive for a commercial television company, he became Britain’s youngest leader in almost two centuries after the 2010 election when he led the nation’s first coalition government since World War Two.

* A descendant of King William IV, who went to the exclusive private school Eton College and then Oxford University, he faced accusations of being out of touch as his government implemented a series of austerity measures following the global financial crisis.

* In 2013, his government legalised same-sex marriage, which Cameron backed strongly, saying at the time: “I don’t support gay marriage in spite of being a Conservative. I support gay marriage because I am a Conservative.”

* As prime minister, Cameron ordered military intervention in Libya, when Britain and its allies led international efforts to help oust then-leader Muammar Gaddafi in early 2011.

In 2016, a report by British lawmakers slammed the decision as flawed for contributing to the North African country’s political and economic collapse.

* Cameron agreed to hold a referendum on Scottish independence in 2014, campaigning successfully against secession as Scots voted by 55-45% to stay in the United Kingdom.

* Aiming to repeat that success, Cameron called a referendum on membership of the European Union in June 2016 to end decades-long arguing in his Conservative party on the issue. However, Britain voted for Brexit and he announced he would quit as prime minister the following day.

* In 2021, it emerged that Cameron had repeatedly contacted senior ministers in 2020 to lobby for the now-failed, supply-chain finance firm Greensill Capital, fuelling questions about the extent to which former leaders can use their status to influence government policy. #featured

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US government reopens amid unresolved political divisions

US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

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US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

In Short:
– U.S. government reopens after 43-day shutdown, causing disruption and unpaid federal workers.
– Political divisions persist, with unresolved issues and nearly equal blame for the shutdown on both parties.
The U.S. government is set to reopen following the longest shutdown in history, lasting 43 days.

This shutdown disrupted air travel and food assistance, leaving over 1 million federal workers unpaid.Political divisions remain despite the funding package allowing the government to resume operations. Republican President Donald Trump’s administration continues to challenge Congress on financial matters, and unresolved health subsidies remain a key issue.

Discontent within the Democratic Party is evident, as moderates and liberals disagree on how to handle Trump’s presidency.

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Federal employees affected by the shutdown will receive back pay, with payments expected to be completed by Wednesday. While Trump’s administration previously threatened to withhold pay, there are no current indications of this. The deal reached ensures that federal jobs safeguarded during the shutdown are maintained.

Air Travel Normalises

Air traffic is returning to normal after significant disruption during the shutdown.

The Department of Homeland Security announced bonuses for security screeners who worked extra shifts. State funding for food aid programs will be restored shortly, assisting millions of Americans dependent on these resources.

Polling reveals nearly equal blame for the shutdown is placed on both political parties. Upcoming funding decisions pose the threat of repeating the shutdown cycle as concerns about national debt persist.


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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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