SINGAPORE (Dec 6): Lots have happened on the political front over the weekend. New Zealand PM John Key has decided to step down, citing family reasons. Elections for a new a leader will be held Dec 12.

Italian PM Matteo Renzi has been forced to resign after the majority of Italians voted no in a referendum for constitutional reform. This is an opportunity for the extreme right populist opposition party, the Four Star Movement, to rise to power. If it does ascend to govern the country, 4SM will hold a referendum for Italy to exit the EU altogether.

All is not lost for the single market though, because in Austria, a pro-EU Alexander Van der Bellen also defeated populist right wing candidate Nobert Hofer in the presidential election.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook