Austria's bid to form a far-right-led government collapsed yesterday when Freedom Party leader Herbert Kickl ended talks with the conservative People's Party. If they had succeeded, the country would have joined a growing list of European nations led by pro-Russian, anti-immigrant politicians.
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Namibia's central bank chief, Johannes !Gawaxab, has warned that rising tensions between the United States and neighboring South Africa could destabilize its economy, citing its close ties with both countries and the vulnerability of its currency, which is pegged to the rand. Trump has frozen all U.S. aid to South Africa over its land policy and is taking the case to the International Court of Justice against Israel.
Indonesia wants to diversify its markets as global protectionism intensifies while taking steps to protect domestic producers, Deputy Trade Minister Dyah Roro Esti Widya Putri said in an interview. The Netherlands should prepare for more Chinese espionage in several key sectors, including semiconductors, ahead of the NATO summit in The Hague in June, Foreign Minister Caspar Veldkamp said.
French Prime Minister Francois Bayrou survived another no-confidence vote yesterday, removing a major political obstacle to implementing a delayed 2025 budget.
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