Monday, November 25, 2024

Taiwanese President Loses Nearly 2 Million Supporters in Record Time

Taiwan’s President, Lai Ching-te, has experienced a significant drop in his approval rating, falling by 9.8% in just a month since taking office. He has been unable to maintain a 50% approval rating.

In a public opinion poll released by the Taiwanese Public Opinion Foundation on the 19th, 48.2% of Taiwanese citizens responded positively to Lai’s governance, while 25.6% did not approve. He took office on May 20.

This is a 9.8 percentage point drop from the previous month. You Ying-lung, the chairman of the foundation, pointed out, “Lai has lost the support of nearly two million voters in less than a month, which poses a serious warning signal.”

The foundation analyzed the drop in approval ratings due to conflicts between the ruling and opposition parties over the opposition’s legislative reform bill and the lack of vision and agenda-setting ability that has failed to show significant leadership. It pointed out that Lai, who also serves as the leader of the Democratic Progressive Party, has yet to lead the government or the party, has not demonstrated negotiation skills, and has failed to control the Democratic Progressive Party’s executives.

The foundation also highlighted that satisfaction with Cho Jung-tai, Premier of Taiwan, was only 43% three weeks after the cabinet was launched. There have been criticisms about the uneasy relationship between the ruling party and the government, with some referring to it as an alien cabinet.

Lai is promoting action innovation and the development of artificial intelligence by recruiting industrialists like Guo Zuhui as economic ministers.

Hot this week

Is Your Next Samsung Device Getting Smarter? OpenAI’s AI Plans Revealed

OpenAI is in talks with Samsung to integrate AI into products and is considering a web browser with chatbot features.

Matt Gaetz Steps Down: Trump’s Attorney General Pick in Turmoil

Matt Gaetz resigns as Trump's AG nominee amid controversies, raising questions about future appointments and Senate confirmation challenges.

Elon Musk and Jeff Bezos: The Billionaire Showdown Heats Up

Musk and Bezos engage in a public dispute on social media, highlighting their rivalry in wealth and the space industry.

Nvidia Bounces Back as Wall Street Shifts Focus to Small-Caps and Value Stocks

The New York stock market rebounded, with tech stocks rising despite some declines, while Bitcoin reached a historic high of $99,000.

Wall Street’s Fall from Grace: Hedge Fund Star Sentenced to 18 Years

Bill Hwang, founder of Archegos Capital, received an 18-year prison sentence for market manipulation causing billions in losses.

Topics

Is Your Next Samsung Device Getting Smarter? OpenAI’s AI Plans Revealed

OpenAI is in talks with Samsung to integrate AI into products and is considering a web browser with chatbot features.

Matt Gaetz Steps Down: Trump’s Attorney General Pick in Turmoil

Matt Gaetz resigns as Trump's AG nominee amid controversies, raising questions about future appointments and Senate confirmation challenges.

Elon Musk and Jeff Bezos: The Billionaire Showdown Heats Up

Musk and Bezos engage in a public dispute on social media, highlighting their rivalry in wealth and the space industry.

Nvidia Bounces Back as Wall Street Shifts Focus to Small-Caps and Value Stocks

The New York stock market rebounded, with tech stocks rising despite some declines, while Bitcoin reached a historic high of $99,000.

Wall Street’s Fall from Grace: Hedge Fund Star Sentenced to 18 Years

Bill Hwang, founder of Archegos Capital, received an 18-year prison sentence for market manipulation causing billions in losses.

Billionaire Gautam Adani Charged with Massive Bribery Scheme

Gautam Adani, Asia's second-richest person, faces U.S. indictment for bribing Indian officials over $250 million to secure contracts.

Wall Street’s Wild Prediction: S&P 500 Could Soar to 6600

Wall Street anticipates a market surge as Trump's presidency promises tax cuts and deregulation, with S&P 500 forecasts rising significantly.

Bitcoin Breaks Records: Surges Past $94,000 Amid Trump’s Victory

Bitcoin surpassed $94,000 amid expectations of crypto-friendly policies under Trump, sparking optimism for a bullish market.

Related Articles