political crisis

Update news political crisis

South Korea's Park says 'hard to forgive myself' for political crisis

 A tearful and apologetic South Korean President Park Geun-hye said on Friday her "heart was breaking" over a political scandal that has engulfed her administration, adding she will cooperate with prosecutors in their investigation.

Theresa May to take over as British PM after Brexit shocks

 Theresa May will take over the job of British prime minister from David Cameron on Wednesday after a series of political shocks caused by Britain's vote to leave the European Union.

Obama warns Wall Street over fiscal crisis

 US President Barack Obama sent Wall Street a blunt warning Wednesday that it should be very worried about a political crisis that has shut down the government and could trigger a US debt default.

Portugal president rejects call for snap elections

 Portuguese President Anibal Cavaco Silva has voiced support for the country's centre-right coalition government and rejected calls for snap elections to resolve a political crisis shaking the bailed-out nation.