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Portugal Austerity vote

Portugal goes to the polls on 5th June, a month after the announcement of its €78bn EU-IMF bailout. Prime Minister José Sócrates resigned in March, when all five of the country’s opposition parties voted against his proposed series of fiscal austerity measures. Yet whoever forms the next government will have little choice but to push ahead with similar unpopular fiscal tightening, and the polls predict a close outcome.

United States Defence reshuffle

Defence secretary Robert Gates will step down on 30th June, prompting staff moves throughout Barack Obama’s administration. Gates will be replaced by Leon Panetta, the…

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