Economy

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Christine Lagarde to Step Down as ECB President in Early 2027
Economy

Christine Lagarde to Step Down as ECB President in Early 2027

European Central Bank President Christine Lagarde announced on October 29, 2026, that she will step down on February 7, 2027, nearly nine months before the end of her eight-year term. The ECB confirmed the decision in a statement, with European Council President Antonio Costa announcing that the process to find her successor would begin immediately. Lagarde said in a video message, “I leave this institution with a sense of good work done and an ECB that is fit for the future.”

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Macron Promises Measures to Address French Protests Amid Rising Unrest
Leaders

Macron Promises Measures to Address French Protests Amid Rising Unrest

French President Emmanuel Macron said Monday that his government would introduce “concrete measures” to address student and public demands over education, living costs, and inequality, following weeks of nationwide protests marked by violence and unrest. “I have asked the government to respond to the legitimate demands that lie at the root of this social movement,” he said during a visit to Marseille, where he inspected damage from earlier demonstrations.

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Lula Re-elected in Brazil, Halting Rightward Trend in Latin America
Americas

Lula Re-elected in Brazil, Halting Rightward Trend in Latin America

The result limits U.S. influence in the region’s largest economy, a key counterweight to Washington. Lula’s win, analysts said, complicates U.S. plans to recruit Brazil into a hard-line security alliance and gain access to its mineral resources. “Lula is pragmatic enough to work out some kind of modus operandi with the Trump administration,” said Will Freeman, a Latin American studies fellow at the Council on Foreign Relations.

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