France’s finance minister suggested that a cornerstone of the European economy might need help from the International Monetary Fund if a political and debt crisis were not addressed.
Category: Macron, Emmanuel (1977- )
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French Prime Minister Calls Special Parliamentary Session to Address Ballooning Debt
Prime Minister François Bayrou called a parliamentary session to address the “gravity” of the situation. An analyst said his move was “political suicide,” as some opponents vowed to bring down the government.
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Europe Nears U.S. Trade Deal, but Stands Ready to Retaliate
Nearly every member of the European Union supports a plan to hit back against President Trump’s tariffs if no agreement is reached.
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French Government and Nestlé Accused of Cover-Up in Perrier Water Scandal
An inquiry accused Nestlé and French officials of hiding the company’s practice of filtering Perrier water it labels “natural.” The head of Nestlé has suggested that human activity is making pure water scarcer.
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The World Is Wooing U.S. Researchers Shunned by Trump
As President Trump guts American research institutions, world leaders see a “once-in-a-century brain gain opportunity.”
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5 Notes from the Big Paris A.I. Summit
At times, Kevin Roose writes, it feels like he is watching policymakers on horseback trying to install seatbelts on a passing Lamborghini.
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At A.I. Summit in Paris, a Push for Innovation Before Regulation
Europe wants to be a top contender in the race to become a world leader in artificial intelligence, but investors are concerned that it has too much red tape and that its taxes are too high.
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As Trump Threatens Tariffs, Europe and South America Strengthen Ties
The European Union and five South American countries have reached an agreement to establish one of the largest trade zones in the world.
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France’s Prime Minister Michel Barnier Loses No-Confidence Vote
Prime Minister Michel Barnier will most likely remain as a caretaker until a replacement is named. But the vote could further unsettle credit markets and create a wider opening for the far right.
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Collapse of France’s Government Further Burdens Its Weak Economy
Already struggling with flat growth and a large debt and deficit, the country faces a new period of instability without a functioning government or a budget.
