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Asia’s economies beckon UK, France after Europe’s election earthquakes

“They see Asian tiger economies and political systems as being in a state of transition,” said British political and security analyst Christopher Blackburn. “These countries already have good regional infrastructure. But Europe can help with boosting and accelerating wealth, development, and human potential.”

The cost-of-living crisis that has gripped Britain and much of Europe was a key driver behind the electoral upsets. Inflation has outpaced household incomes, sparking a squeeze on living standards – partly driven by supply disruptions in the wake of Russia’s war with Ukraine.

People gather in the Place de la Republique in Paris on July 8 to celebrate the victory of the New Popular Front over the extreme right in France’s election. Photo: Le Pictorium via Zuma Press/dpa

France’s New Popular Front campaigned on a platform of economic largesse, pledging to raise the…

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