In Paris on 5 October, President Macron’s office revealed the lineup for the new French government under Prime Minister Sébastien Lecornu. Roland Lescure, a close ally of Emmanuel Macron, was tapped as finance minister, while the outgoing finance chief, Bruno Le Maire, was reassigned to defence.
Though many senior ministers survived the reshuffle: Jean-Noël Barrot continues at foreign affairs; Bruno Retailleau remains interior minister; Gérald Darmanin still holds the justice portfolio, the stakes on the economic front have just skyrocketed.
Lescure, who comes from a left-leaning background, and Prime Minister Lecornu now face the tough task of brokering a budget deal for next year in a deeply divided parliament as the year-end deadline looms.
Negotiations have become far more complicated, demanding delicate concessions across three ideologically opposed blocs in the hung legislature.
Lecornu’s two immediate predecessors were forced out over their efforts to cut France’s budget deficit, now the highest in the eurozone, at a moment when bond markets and rating agencies are scrutinising every move.
Trying to court Socialist support, Lecornu floated a wealth tax long demanded by the left, but expressly excluded business assets so as not to undermine companies or risk jobs.
He also explicitly ruled out using special constitutional powers to force the budget through parliament without a vote.
Hong Kong on Saturday mourned the 128 people known to have died in a massive fire at a high-rise apartment complex, a toll that is likely to rise with...
The global recall of Airbus A320 aircraft has triggered widespread disruption across several major airlines, forcing flight cancellations in the Unite...
U.S. investigators have recovered the black box recorders from the wreckage of a UPS cargo plane that crashed in flames on takeoff in Louisville, Kent...
Pope Leo visited Istanbul’s Blue Mosque on Saturday, stepping inside one of the most iconic sites of the Muslim world. He removed his shoes at the e...
Russian drones and missiles struck several districts of Kyiv early on Saturday, killing one person and injuring more than a dozen. Fires swept through...
Hong Kong on Saturday mourned the 128 people known to have died in a massive fire at a high-rise apartment complex, a toll that is likely to rise with 150 still missing days after the disaster.
The global recall of Airbus A320 aircraft has triggered widespread disruption across several major airlines, forcing flight cancellations in the United States, Japan, Australia and New Zealand.
U.S. investigators have recovered the black box recorders from the wreckage of a UPS cargo plane that crashed in flames on takeoff in Louisville, Kentucky. At least twelve people died. The crash sent a wall of fire into an industrial corridor and forced the shutdown of the airport.
Pope Leo visited Istanbul’s Blue Mosque on Saturday, stepping inside one of the most iconic sites of the Muslim world. He removed his shoes at the entrance in a gesture of respect. He did not appear to pray.
At least 47 people have died and another 21 are reported missing following ten days of heavy rainfall, floods, and landslides across Sri Lanka, local media reported on Thursday (27 November).
Hong Kong fire authorities said they expected to wrap up search and rescue operations on Friday after the city's worst fire in nearly 80 years tore through a massive apartment complex, killing at least 128 people, injuring 79 and leaving around 200 still missing.
U.S. Secretary of Defense Pete Hegseth visited sailors aboard the USS Gerald R. Ford aircraft carrier in the Latin American region on Thursday, amid a military buildup by President Donald Trump’s administration that has heightened tensions with Venezuela.
Rescuers in Sri Lanka are racing against rising floodwaters and treacherous terrain today after a powerful storm system slammed into the island nation, killing at least 46 people and displacing tens of thousands in a disaster that threatens to strain the country’s resources.
The Spanish agricultural sector has been placed on high alert following the confirmation that African Swine Fever (ASF) has resurfaced in the country for the first time in over thirty years.
Hong Kong on Saturday mourned the 128 people known to have died in a massive fire at a high-rise apartment complex, a toll that is likely to rise with 150 still missing days after the disaster.
The global recall of Airbus A320 aircraft has triggered widespread disruption across several major airlines, forcing flight cancellations in the United States, Japan, Australia and New Zealand.
Pope Leo visited Istanbul’s Blue Mosque on Saturday, stepping inside one of the most iconic sites of the Muslim world. He removed his shoes at the entrance in a gesture of respect. He did not appear to pray.
Russian drones and missiles struck several districts of Kyiv early on Saturday, killing one person and injuring more than a dozen. Fires swept through residential blocks as debris rained over the city.
Shoppers packed malls and downtown streets in Caracas on Black Friday (28 November) as retailers offered discounts despite Venezuela’s prolonged economic crisis. Customers queued in shoe and electronics stores and browsed signs advertising cuts of up to 50%.
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