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Sweden’s first-ever female Prime Minister resigns on the first day

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This follows the Green Party withdrawal from her coalition plunging the country into political uncertainty

Sweden‘s first-ever female prime minister has resigned just hours after she was appointed after her coalition partner quit parliament and her budget failed to gain enough support.

The outgoing PM’s budget was replaced by another one that was drafted by opposition parties and includes the anti-immigrant far-right group.

The Greens is the coalition party in which the former leader’s party formed government with and it said it could not possibly accept a budget “drafted for the first time with the far-right”.

Ms Andersson said that she hoped to to try to become prime minister again as a single party government leader.

“There is a constitutional practice that a coalition government should resign when one party quits,” the Social Democrat said on Wednesday. “I don’t want to lead a government whose legitimacy will be questioned.

The speaker of parliament said he would contact party leaders on the next move.

Ms Andersson was elected as prime minister earlier on Wednesday because under Swedish law, she only needed a majority of MPs not to vote against her.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Trump & Biden prepare for the earliest debate in modern U.S. history

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The first debate of the year between President Joe Biden and former president Donald Trump will take place this week in Atlanta.

This debate marks a milestone as the earliest presidential debate in modern U.S. history, and will prove to be a critical event for both candidates.

Joe Biden and Donald Trump are neck-and-neck in national opinion polls, with a considerable slice of the electorate still undecided five months before the Nov. 5 vote. #featured #trending

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Ferrari’s debut high-performance electric vehicle will be priced above $500,000

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Ferrari has unveiled details about its inaugural electric car, slated to be priced upwards of $500,000, as first reported by Reuters.

This announcement comes amidst growing global interest and competition in electric vehicles, with Ferrari aiming to blend its iconic design prowess with sustainable technology.

The Italian automaker, renowned for its high-performance sports cars, is expected to maintain its commitment to superior craftsmanship and engineering excellence in its electric offering.

Following the EV announcement, Ferrari also confirmed plans to establish a new manufacturing plant aimed at enhancing production flexibility and significantly reducing car development times.

Mike Costello from Cox Automotive joins to discuss the latest in EVs. #featured #trending

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Leaders

Commercial real estate targeted for producing 40% of global emissions

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Commercial real estate contributes significantly to global emissions, with reports suggesting it makes up to 40% of the total – so is there a solution in sight?

Global strategies are setting out to transform this impact by promoting the development of sustainable buildings.

As climate change continues to be a pressing global issue, the commercial real estate sector must pivot towards more eco-friendly solutions.

One of the most impactful actions that can be taken to mitigate the environmental impact of commercial real estate is the implementation of building automation systems.

Louise Monger, Vice President, Digital Buildings of Schneider Electric, joins to share her key insights into the issue. #featured

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