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Tag: vote

2019 Australia election: Vote count under way in eastern states

2019 Australia election: Vote count under way in eastern states

World
Voting in Australia's closely-fought general election has closed in the country's eastern states, where counting is now under way.Early exit polls suggest a victory for the opposition Labor party, although polling in Western Australia continues until 1800 local (1000 GMT).A win for Labor would make its leader Bill Shorten the next PM, succeeding centre-right Liberal Scott Morrison.Australia has mandatory voting and a record 16.4 million enrolled voters.Live updates: Australia heads to the pollsBoth leaders were out early at polling booths on Saturday, in a last-ditch pitch for votes.Shortly after polls in the east shut, a Nine-Galaxy poll showed Labor beating the incumbent Liberal coalition 52-48, with a parliamentary majority. T...

Delayed Congo legislative vote begins in Ebola areas

World
Long-awaited legislative elections are underway in three towns in Congo after authorities postponed them because of Ebola and violence. In the town of Beni on Sunday, voters were washing their hands before entering polling centers as a protection against Ebola, which is transmitted by the bodily fluids of sick people. Voters in Beni, Butembo and Yumbi were not allowed to vote in January when Congo chose a new president. Officials said the Ebola virus posed too great a threat at the time in the eastern cities of Beni and Butembo. Elections were delayed in Yumbi because of intercommunal violence. Voting turnout was expected to be low. Albert Somo, a teacher in Beni, said people were disappointed and discouraged because they were not permitted to participate in the presidential vote.Let's bl...
British pound surges the most in nearly two years after UK lawmakers vote to reject a no-deal Brexit

British pound surges the most in nearly two years after UK lawmakers vote to reject a no-deal Brexit

Finance
Sterling rose on Wednesday after U.K. lawmakers rejected leaving the European Union without a withdrawal agreement. The pound was up 2 percent against the dollar at $ 1.3339 as investors become more optimistic that a hard Brexit would be ruled out. That's the biggest move since April 2017. "Our base view — and the currency is telling you this — is we will get some form of resolution," said KKR's global head of macro and asset allocation Henry McVey on CNBC's Closing Bell. "Clearly, there's been slowing related to Brexit. The way we're approaching it is this...
Pound jumps as MPs vote to reject no-deal Brexit

Pound jumps as MPs vote to reject no-deal Brexit

Business
By John-Paul Ford Rojas, business reporter The pound has jumped as MPs voted to rule out a no-deal Brexit, on another day of volatile currency trading.Sterling climbed by as much as three cents against the US dollar to nearly $ 1.34, a nine-month high, and was two cents up versus the euro to as high as €1.18 - a new 22-month peak. That was after an amendment rejecting a no-deal Brexit in all circumstances was narrowly backed by the Commons.The currency had already made big gains in the run-up to the vote. It has swung wildly over the last couple of days.There was a broad welcome for the result from business groups but it was combined with continued frustration about the lack of a clear way forward for the process. Edwin Morgan, interim direc...
Interserve facing crucial vote on rescue plan

Interserve facing crucial vote on rescue plan

Business
Interserve, one of the UK's largest providers of public services, is urging shareholders to back a rescue deal or the firm could face administration.Last month it reached a deal with creditors to prevent its collapse.But if shareholders reject its debt-for-equity-swap plan in a vote this Friday, Interserve's lenders could apply for a pre-pack administration.This would mean the firm avoiding a Carillion-style collapse, but would wipe out existing shareholders. A pre-pack administration enables a company to sell itself, or its assets, before it appoints administrators - who then take over the running of the business to protect creditors. In a pre-pack, the lenders take 100% of the business.Watered-down holdingsInterserve's rescue...