Former New York Mayor Michael Bloomberg is calling Boris Johnson's decisive victory in Britain's election the "canary in the coal mine" for the Democratic Party about its chances of unseating President Trump in 2020.
Why it matters: The latest entry to the Democratic presidential primary field said Friday the U.K. results reinforce the idea that it's simply not enough for Democrats to assume they will beat Trump next year.
This year, the World Bank told current and prospective employees of Taiwanese nationality they must present Chinese travel documents in order to maintain or pursue employment.
Why it matters: China has recently ramped up its campaign to systematically force Taiwan and its citizens out of the international community. But forcing out its own staff in this way violates World Bank employment principles.
Prime Minister Boris Johnson exceeded all expectations in Thursday's U.K. general election, and his landslide victory makes the U.K. all but certain to exit the European Union early next year.
Driving the news: With 649 out of 650 constituencies reporting, the Conservatives won 364 seats, securing the biggest Conservative majority since Margaret Thatcher's 1987 victory. It's an utter disaster for the opposition Labour Party and its leader, Jeremy Corbyn, who has announced he will step down after a "period of reflection."
Millions of Britons are casting their votes today in what could be the most consequential election in living memory. One question now has less of a clear answer than ever: What will happen to Britain's terms of trade if it leaves the EU single market?
Driving the news: Polling suggests that Boris Johnson's Conservative Party will win about 43% of the votes. Under Britain's winner-takes-all voting system, that'll be enough to give him a modest overall majority in Parliament.
Rep. Alexandria Ocasio-Cortez (D-N.Y.) urged U.K. voters to head to the polls to vote for Jeremy Corbyn's Labour Party in Thursday's general election.
"The hoarding of wealth by the few is coming at the cost of peoples’ lives. The only way we change is with a massive surge of *new* voters at the polls. U.K., Vote!"
The big picture: Ocasio-Cortez, who said a Labour-created video "might as well have been produced about the United States," is the latest big-name U.S. politician to have a stake in the U.K.'s trip to the polls — which features Brexit at its center.
Why it matters: The data is a reflection of America's superpower status. But while American power is still respected, polls also show global views of the U.S. growing frostier in the Trump era.
After years of U.S. outperformance, fund managers say they expect American assets to deliver gains in line with international markets in 2020.
The big picture: Firms including BlackRock, BofA and JPMorgan say they are particularly bullish on emerging market equities, which have been unloved in 2019.
Polls across the United Kingdom opened Thursday morning as millions of Brits vote in the country's third general election since 2015.
Why it matters: Prime Minister Boris Johnson has staked his leadership on a promise to "get Brexit done" by securing a majority in the election, after facing a parliamentary impasse on the issue in a minority government. But if he loses, he'll go down as one of the shortest-serving prime ministers in history.
