Cost-of-living costing governments across the world

Summary

The high cost of living is widely considered to have cost the Republicans in the US midterm elections, while New Zealand's government may well be condemned to one term in office for the same reason. Chief business correspondent Ian Verrender takes a look at how inflation is hurting incumbent governments across the globe. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-11-10/why-cost-of-living-concerns-are-up-ending-global-politics-us-nz/107365544 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia

Description from ABC News (Australia).