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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
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Asia Pacific+65 6212 1000
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Elon Musk may be the only thing that can bring three of the UK’s main parties together. Leaders in the ruling Labour Party, along with the Conservative and Reform UK opposition parties are privately urging Donald Trump’s allies to reconsider his relationship with Musk, we’re told. The billionaire has been calling for UK Prime Minister Keir Starmer to be imprisoned, attacking his ministers and even calling for the replacement of one-time ally Nigel Farage as Reform UK leader. Starmer said a “line has been crossed” after Musk accused Home Office Minister Jess Phillips of being a “rape genocide apologist” who should go to prison for her handling of a child sex abuse scandal in the UK. Musk’s increasing forays into European politics are also unnerving Germany and the European Union, which said it will monitor his upcoming live-stream event with German far-right leader Alice Weidel. The bloc will check whether his X platform is using its algorithms to boost viewership, thereby potentially breaking EU content-moderation laws.
Austria is a step closer to its first far-right government since World War II, with Herbert Kickl receiving a mandate from President Alexander Van der Bellen to form a government. That sets the Freedom Party chief on a path to possibly becoming chancellor. Members of the conservative People’s Party abandoned earlier promises not to work with Kickl after Chancellor Karl Nehammer failed to form a centrist coalition and resigned. The Austrian developments are part of a broader nationalist wave in Europe. With two weeks to go until Donald Trump’s inauguration, Germany is readying for elections in February in which the far-right is expected to gain ground, and France is seeing its own far-right surge.