Political uncertainty could hamper efforts to reduce the world's largest debt burden if it forces the government to delay fiscal consolidation, according to Andrew Colquhoun, head of Asia-Pacific sovereign debt at Fitch Ratings. "The key issue for the ratings is whether a government can be formed with the will and authority to draw up and implement a credible medium-term fiscal consolidation ...

Six months after Iraq's parliamentary elections, an Iraqi minister warns that the political deadlock is damaging the security situation in the country.

THE political deadlock is not harming Australia's credit rating as Standard & Poor's today reaffirmed its AAA rating for the country.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. WASHINGTON/POLITICAL For the latest political news: www.CNNPolitics.com CNN: Obama plans big economic push: Too little, too late? President Barack Obama is rushing to roll out a new economic plan this week, but his fellow Democrats [...]

Mark Blumenthal notes three of five presentations at a political science convention in Washington, D.C. this weekend predicted Republicans will gain more than 39 seats to take control of the House of Representatives. Alan Abramowitz of Emory University forecast a Republican gain of 49 seats with a model based primarily on the generic congressional ballot. Joe Bafumi of Dartmouth College forecast ...

SYDNEY (MarketWatch) -- Australia's political limbo could end Tuesday if, as expected, the last three undeclared independent lawmakers declare support for either the Labor Party or the coalition Liberal-National coalition. Following the inconclusive election result on Aug. 21, both parties have been scrambling to gain support from independent lawmakers to try to amass 76 seats of the 150-seat ...

Police say someone vandalized 10 political signs belonging to a candidate for Baltimore County Council.

Italy’s political crisis won’t derail planned fiscal consolidation, Finance Minister Giulio Tremonti said in a video interview with the Financial Times posted on the newspaper’s website.