live U.S., Iran closer to deal, timing remains unclear
U.S. and Pakistani leaders forecast a Sunday signing of a long-elusive framework agreement to end fighting between the United States and Iran, as Reut...
French Prime Minister Sebastien Lecornu faces a race against time to form a government by Monday's budget deadline, as divisions emerged within the conservative Les Republicains party over whether to accept ministerial posts in his cabinet.
Just two days after being reappointed, Lecornu must present a draft budget bill to cabinet and parliament on Monday, requiring key ministerial positions to be filled immediately during France's deepest political crisis in decades.
The LR party's governing body said on Saturday that "the trust and conditions are not in place" to join Lecornu's government, yet a majority of the party's lower house members favour taking cabinet positions to influence the budget, according to Le Monde newspaper.
PENSION REFORM A RED LINE FOR LEFT AND RIGHT
Former Prime Minister Michel Barnier, a prominent LR figure and member of the lower house, laid out strict conditions for potential participation of his party in the government, including maintaining President Emmanuel Macron's controversial pension reform that raised the retirement age to 64.
"Our support must remain demanding and faithful to the battles we are waging for the French," Barnier wrote on X on Saturday, listing deficit reduction, pension reform maintenance, security measures and business competitiveness as non-negotiable conditions.
Centrist party UDI said it would support the new government but ruled out taking part in it, while Horizons, a close ally of Macron’s party in parliament, said it would not join a cabinet that backed suspending the pension reform.
PM MUST COME UP WITH BUDGET PLAN TO REDUCE DEFICIT
Lecornu signalled potential flexibility on this issue on Saturday, saying "all debates are possible as long as they are realistic" when asked about suspending the pension reform.
The prime minister must navigate these contradictory demands while assembling a cabinet capable of presenting a credible budget plan to reduce France's deficit from 5.4% of GDP this year to between 4.7% and 5% next year.
"I am setting myself a fairly clear mission, and then either the political forces will help me and we will work together to achieve it, or they will not," Lecornu said on Saturday.
Lecornu has pledged a cabinet of "renewal and diversity" but has yet to announce any appointments with barely 24 hours remaining before the constitutional deadline.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
The New York Knicks defeated the San Antonio Spurs 94-90 to close out the series 4-1 and claim their first NBA championship since 1973, sparking celebrations across New York City.
In the runup to the G7 summit, hosted by France in Évian-les-Bains on Monday, 15 June, China has addressed global economic balances in a videoconference hosted by French President Emmanuel Macron. It is a rarity for Beijing to engage directly with the group.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Romania's centrist President Nicușor Dan on Sunday designated Adrian Veștea, a member of the liberal party, as prime minister, after independent candidate Eugen Tomac withdrew.
North Korea said on Sunday, 14 June, that denuclearisation is a matter that is irreversibly terminated, in a condemnation of recent nuclear deterrence talks between the U.S. and South Korea.
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