Ford cuts EV plans as demand falls and policy shifts take effect
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from ...
French President Emmanuel Macron faces mounting political pressure as opposition parties, prepare moves that could topple Prime Minister Francois Bayrou’s government and even challenge Macron’s leadership.
Opposition parties have pledged to bring down Bayrou’s government in a 8 September confidence vote, following his attempt to push through unpopular 2026 budget plans.
Bayrou began talks with opposition groups to try to prevent the collapse, but the far-right National Rally said efforts to save the government are likely to fail.
If Bayrou loses the vote, President Emmanuel Macron could appoint a new prime minister, keep Bayrou in a caretaker role, or call snap parliamentary elections.
Member of parliament Mathilde Panot said, despite the left-wing coalition winning the 2024 parliamentary elections, Macron declined to appoint a left-wing Prime Minister, marking a first in the history of the Fifth Republic.
"On 8 September, we will force Gabriel Attal to step down. On 9 September, we will propose the removal of the president of the Republic," Panot wrote on X.
National Rally president Jordan Bardella said the party is ready for any scenario, including early elections, and has already selected 85% of its candidates.
Bayrou met with parties including the Communist Party, while the Socialist Party confirmed it will vote against him. Together, opposition parties hold enough seats to potentially bring down the government.
The uncertainty has rattled markets, with French stocks and bonds dropping sharply last week before recovering slightly. European Central Bank President Christine Lagarde said France remains stable but warned that a government collapse in the eurozone would be concerning.
Russia’s human rights commissioner, Tatyana Moskalkova, has said that Ukraine has not provided Moscow with a list of thousands of children it alleges were taken illegally to Russia, despite the issue being discussed during talks in Istanbul.
An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The incident left 12 people dead.
Syrian President Ahmad al-Sharaa has offered condolences to President Donald Trump following an ISIS attack near the ancient city of Palmyra that killed two U.S. soldiers and a civilian interpreter, Syrian and U.S. officials said Sunday.
At least 17 people, including students, were killed and 20 others injured after a school bus fell off a cliff in northern Colombia on Sunday, authorities said.
At least 14 people have died and 32 others were injured after flash floods swept through Morocco’s Atlantic coastal city of Safi on Sunday, authorities said.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Schools across Cambodia and Thailand were forced to close on Monday as border clashes between the two countries escalated, with the death toll reaching at least 40 and hundreds of thousands of people displaced, according to officials and local media.
Police in Providence are going door to door for home surveillance footage as the hunt continues for the shooter who killed two Brown University students and injured seven others. Authorities have released fresh video and say a detained "person of interest" is now free.
Ukrainian President Volodymyr Zelenskyy engaged in high-level talks in Berlin from December 14 to 15, 2025, with German Chancellor Friedrich Merz, U.S. envoys, and European leaders, focusing on security guarantees and the framework for a potential peace deal with Russia.
European Commission President Ursula von der Leyen said “nothing about Ukraine without Ukraine” after talks in Berlin, stressing that decisions on Ukraine’s future and territorial issues must be taken by Kyiv itself.
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