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Montenegro's ruling party could be ousted from power for first time in 30 years

Montenegro's pro-Western Democratic Party of Socialists (DPS) has secured 35% of votes in a tight and bitterly-contested parliamentary election, its worst result since the country won independence from Serbia 14 years ago.

Official results show the pro-Serbian opposition alliance on 32.5%, meaning that it could feasibly form a government if it can reach consensus with Montenegro's other two opposition parties. That would see the DPS lose control of power in the Balkan nation for the first time in 30 years.

 

E.C.B. Stimulus Calls for 60 Billion Euros in Monthly Bond-Buying

FRANKFURT — The European Central Bank said on Thursday that it would begin buying hundreds of billions of euros worth of government bonds in an aggressive — though some say belated — attempt to prevent the eurozone from becoming trapped in long-term economic stagnation.

China Is at a Critical Tipping Point

Asia Pacific
Nouriel Roubini: China Is at a Critical Tipping Point
China's growth model is not sustainable but many of the
necessary reforms are on hold. "President Xi first wants to
consolidate his power, before tackling them," says economist
Nouriel Roubini. Watch our exclusive video interview to find out
more.
China's growth has been slowing down. Why do you think this slowdown will continue?
Nouriel Roubini: Even the Chinese authorities realize that their growth model, which contains

Moldova pro-EU parties take narrow lead in elections

A round of intensive political horse-trading is on the cards following Moldova’s parliamentary elections.

No party appears able to form a government although, after a partial count, the three pro-EU parties do have a narrow lead over their pro-Moscow rivals.

With nearly 80% of votes counted, the three pro-EU parties had around 44% while the opposition had around 40%.

The subsequent inevitable tough bargaining will be watched closely by Russia.

chairman

hank you, Mr. Chairman, for your warm words of introduction. I am delighted to serve as the Chairperson of the Informal Working Group which will report to the OSCE’s Security Committee and was established pursuant to PC Decision 1039.

Juncker Commission takes office

Today the Juncker Commission is officially starting its term of office that will run until 31 October 2019.

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