The first one is not surprisingly the uprising in the Middle East and North Africa. The other one is perhaps less obvious; I am referring to the Irish elections.
A new dawn in Ireland?
Let’s begin in Ireland where the electorate has finally had its say on the banking fiasco, which has taken the country to the brink. Fianna Fáil, having been at the helm of Irish politics for the past 14 years, was severely punished by the voters in last Friday’s elections and had its number of seats cut by 58 to 20 (its worst result ever). Fine Gael gained 25 seats to 76, making it twice as big as the second biggest party in the Dáil (the lower house and principal chamber of parliament), yet not with enough votes to secure outright majority in the 166 seat parliament. This leaves the Labour Party – usually only the third largest party in Ireland – in a strong position with 37 seats, a gain of 17. According to Irish media reports, Fine Gael and the Labour Party are already in advanced talks to form a coalition government.Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
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