Poland's World-Beating Rally Is Facing an Election Reality Check
Revved-up Polish markets will be put to the test this weekend as voters head to the polls in the biggest challenge facing Premier Donald Tusk.
Polish assets have been on a blistering surge since Tusk swept to power in late 2023 with a promise to repair relations with the European Union and undo populist policy. Government bonds have returned 27% in the period, the zloty is the best-performing emerging currency after the ruble and Warsaw stocks are up 42% in dollar terms this year alone.
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Fox News
23 minutes ago
- Fox News
Elon Musk biographer believes billionaire is 'frustrated' as he exits DOGE
Print Close By Madison Colombo Published May 30, 2025 Billionaire entrepreneur Elon Musk has officially stepped down from his role as head of the Department of Government Efficiency, ending his brief but high-profile stint as a special government employee. Walter Isaacson, author of the biography "Elon Musk," believes the SpaceX and Tesla mogul is leaving deeply "frustrated" by the limits of Washington. Isaacson says Musk's time in government wasn't a strategic move for his businesses but a personal mission to fix what he saw as a failing system. "Whether it's him taking over Twitter or dealing with Tesla's crisis or SpaceX, you see that all-in intensity," Isaacson said. "Sometimes it works. Sometimes it doesn't. But he's all-in." WHAT'S NEXT FOR DOGE AFTER ELON MUSK'S DEPARTURE? 'ONLY JUST BEGUN' According to Isaacson, that mindset ultimately clashed with the limitations of government. "You can't do that in government," he said. "Because he doesn't own the federal government." MUSK OFFICIALLY STEPS DOWN FROM DOGE AFTER WRAPPING WORK STREAMLINING GOVERNMENT Musk's frustration was on display earlier this week when he criticized President Donald Trump's recently House-passed spending bill. During an appearance on "CBS Sunday Morning," Musk argued the bill's increased spending worsens the national deficit and "undermines the work the DOGE team is doing." The comments have sparked speculation of a growing divide between Musk and Trump, who had previously aligned in their push to reduce government waste. Isaacson says the criticism wasn't personal but aimed at the broader system. "He is frustrated that even the Republicans in the House and the Senate have been captured by Washington interests," he said. DAVID MARCUS: WHAT AMERICA OWES ELON MUSK AFTER DOGE MUSK NOT LEAVING YET, WRAPPING UP WORK ON SCHEDULE ONCE 'INCREDIBLE WORK AT DOGE IS COMPLETE': WHITE HOUSE The One Big Beautiful Bill Act narrowly passed the House, with all Democrats and two Republicans voting against it. Several senators from both parties have also voiced concern over the bill's lack of spending cuts. Despite their policy disagreements, Elon Musk and President Trump held a joint press conference on Friday before Musk returned full-time to his roles at Tesla, X, and his other companies. PRESIDENT TRUMP TEASES 'LAST DAY, BUT NOT REALLY' FOR ELON MUSK AT DOGE: OVAL OFFICE PRESSER SET FOR FRIDAY Musk's time at DOGE officially ended at the legal 130-day limit for someone with a special government employee designation. In a post on X, Musk echoed Trump's sentiments, thanking the president for the opportunity to serve the country. "As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending," Musk posted on Wednesday. "The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government." CLICK HERE TO GET THE FOX NEWS APP Print Close URL
Miami Herald
23 minutes ago
- Miami Herald
Map Shows Countries in Europe Easiest for Americans to Get Dual Citizenship
Nearly a dozen European countries allow relatively easy dual citizenship but with different legal guidelines, some requiring ancestry, others residency for a specific time. More Americans, due to economic uncertainties and political animosities, are looking at dual citizenship as a fallback. Young people are leading the charge. Sixty-three percent of Gen Zers and 52 percent of millennials are considering moving abroad, according to a recent survey by Harris Poll. It also found that four in ten U.S. adults (42 percent) have considered or plan to relocate outside the country to improve their quality of life or financial position. Dual citizenship across Europe mostly breaks down in one of two main categories: ancestry, and how long one has lived in a country. The following countries offer relatively easy dual citizenship if you can prove ancestry: As of March 28, 2025, Italy tightened its citizenship laws and eligibility is now limited to individuals with a parent or grandparent born in must also demonstrate a genuine connection to Italy, such as language proficiency, residency, or active community change excludes those claiming citizenship through great-grandparents or more distant ancestors. You can claim citizenship if a parent or grandparent was born in registration with the Foreign Births Minister for Justice can waive some of the conditions of becoming an Irish citizen where the applicant is of Irish descent or language or residency citizenship fully based on descent from an Irish citizen going further back than a great-grandparent are generally refused. Citizenship possible if you can trace lineage to Polish citizens (even pre-WWII), meaning that if you have a parent, grandparent, or great-grandparent who was a Polish citizen, you may be eligible for Polish citizenship by descent-which also grants European Union (EU) but no residency citizenship is accepted. If you have Hungarian ancestry, notably from the Austro-Hungarian Empire basic Hungarian language need to live in Hungary. For those without ancestry, the following nations offer quicker or simpler paths via residency. Only five years of legal residency of the fastest and most flexible paths in Western dual options like the investment-based Golden Visa. Usually 10 years of residency, but only two years for people from Latin America, the Philippines, or with Sephardic Jewish dual citizenship with these language requirement. Citizenship possible after five years of residency (two years if you studied in France).Dual citizenship requirements remain but France has introduced stricter language proficiency requirements. As of 2025, applicants must demonstrate a B2 level of French proficiency, up from the previous B1 level. Integration into French society continues to be assessed. For those who can afford it, Austria offers "citizenship by investment." Allows citizenship by investment under exceptional formal program; typically €2-3 citizenship granted in select cases with government approval. Some countries only allow dual citizenship in certain circumstances: Bulgaria allows dual citizenship only for individuals born to Bulgarian parents, or to those who lost Bulgarian citizenship involuntarily. Exceptions apply for those who hold citizenship of a country that prohibits dual citizenship, or has not concluded a relevant agreement with Estonia. As of May 28, 2025, Germany revised its citizenship laws. It abolished a previously expedited naturalization process that allowed citizenship after three years of residency, returning the minimum residency requirement to five years. Additionally, stricter requirements have been introduced, including financial independence, stable employment, and strong language proficiency. Related Articles US Citizen Arrested for Attempted Firebombing Attack on Embassy in IsraelWhy Dual Citizenship Is The New American DreamAmerican Stuck in Ukraine Because of Ban on Military-Age Men Leaving CountryNikki Haley Tells Olympic Skier Eileen Gu She Can't Be American and Chinese 2025 NEWSWEEK DIGITAL LLC.
Wall Street Journal
24 minutes ago
- Wall Street Journal
U.S.-China Trade Truce Risks Falling Apart Over Rare-Earth Exports
A trade truce between the U.S. and China is at risk of falling apart, as China's slow-walking on rare-earth exports fuels U.S. recriminations that China is reneging on the deal. Getting the pact together in Geneva earlier this month hinged on Beijing's concession on the critical minerals, according to people familiar with the matter.
