Which G7 leader will leave next?
Short Answer
1. Executive Verdict
- Meloni's coalition faces fragility after a significant referendum defeat.
- Italy's government stability threatened by internal divisions and fiscal challenges.
- Kishida faces a scheduled LDP presidential election in September 2024.
- Starmer faced significant internal party rebellion over welfare reform.
- Macron faces a cohabitation crisis, diminishing his parliamentary power.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Keir Starmer | 59.0% | 54.6% | Internal party rebellion over welfare reform in July 2025 led to calls for Starmer's resignation. |
| Sanae Takaichi | 1.0% | 1.2% | Model higher by 0.2pp |
| Donald Trump | 4.0% | 4.8% | Model higher by 0.8pp |
| Emmanuel Macron | 26.0% | 23.5% | Market higher by 2.5pp |
| Mark Carney | 2.0% | 2.4% | Model higher by 0.4pp |
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Market Data
Contract Snapshot
This market resolves to Yes if Keir Starmer, holding the title of Prime Minister of the United Kingdom at market issuance, is the first G7 leader among the set to actually leave office; otherwise, it resolves to No. The market opened on October 23, 2025, and closes either when a leader leaves or by January 1, 2045, with payouts 30 minutes later. If a leader dies in office, all markets in the set settle at their last traded prices before death, with the Exchange determining fair value if prices are not logically consistent.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Keir Starmer | $0.59 | $0.43 | 59% |
| Emmanuel Macron | $0.32 | $0.75 | 26% |
| Giorgia Meloni | $0.07 | $0.98 | 7% |
| Donald Trump | $0.04 | $0.99 | 4% |
| Friedrich Merz | $0.04 | $1.00 | 2% |
| Mark Carney | $0.02 | $1.00 | 2% |
| Sanae Takaichi | $0.05 | $1.00 | 1% |
Market Discussion
Limited public discussion available for this market.
4. What Challenges Threaten Giorgia Meloni's Coalition Stability?
| Referendum defeat | March 2026 [^] |
|---|---|
| Critical fiscal challenge | 2026 fiscal crossroads [^] |
| Lega's military spending stance | "Niet" to increased military spending [^] |
5. Will National Rally Secure Absolute Majority in French Elections?
| RN Ifop-Fiducial Projection | 220-250 seats [^] |
|---|---|
| RN Harris Interactive Projection | 235-265 seats [^] |
| Absolute Majority Threshold | 289 seats [^] |
6. What was Donald Trump's New York conviction outcome and presidential incarceration remedies?
| Trump's NY Conviction Outcome | Unconditional discharge issued on January 10, 2025 [^] |
|---|---|
| Presidential Inability Process | 25th Amendment [^] |
| Presidential Misconduct Process | Impeachment under Article II, Section 4 [^] |
7. What Challenges Has Keir Starmer's Leadership Faced So Far?
| Leadership Honeymoon Period | Short or non-existent [^] |
|---|---|
| Key Policy Rebellion Area | Welfare reform [^] |
| Outcome of Leadership Challenges | Backed by ministers, withstood challenges [^] |
8. What Catalysts Could Spark a Leadership Change for PM Kishida?
| LDP Presidential Election | September 2024 [^] |
|---|---|
| LDP Support Recovery | 43% by February 2026 [^] |
| Early Leadership Challenge Deadline | No explicit procedural deadline ahead of September 2024 [^] |
9. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: January 01, 2045
- Closes: January 01, 2045
10. Decision-Flipping Events
- Trigger: Catalyst analysis unavailable.
12. Historical Resolutions
No historical resolution data available for this series.
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