ECB President Christine Lagarde to step down in February 2027, nine months before term ends
European Central Bank President Christine Lagarde will step down on 7 February 2027, nearly nine months before her current term is due to end, the bank said on Thursday. The announcement marks a significant leadership change at one of the eurozone's most important institutions. It also opens the way for a succession process under European Union treaty rules.The ECB said Lagarde informed the Governing Council and European Council President Antonio Costa of her decision. According to the statement, her departure date is 7 February 2027. The bank said her successor will be appointed by the European Council, which plays a... [Continue Reading]
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Thousands join nationwide Venezuelan opposition protest demanding elections
Thousands of Venezuelans took to the streets in Caracas and several other cities on 23 October in the first nationwide opposition protest in nearly two years. The demonstrations called for free elections and broader political change, as uncertainty continued over a successor to Nicolas Maduro. The rallies were organised by Maria Corina Machado's Vente Venezuela movement.The protest was reported in the capital and in Valencia, Maracay, San Cristobal and Maracaibo. According to the supplied report, no date has been set for a vote to choose Maduro's successor, despite statements from US President Donald Trump and acting President Delcy Rodriguez that... [Continue Reading]
