So what will happen next in France? President Emmanuel Macron faces crucial negotiations to form a new government, with two possible scenarios, and another third less likely to happen.
France could see several governments fall until the next National Assembly elections, which cannot be scheduled before July 2025 at the earliest. Before then, French President Emmanuel Macron has three scenarios ahead of him.
First, he might attempt to secure a majority by appealing to both conservative and centre-left MPs, possibly appointing a prime minister from those groups.
However, moderate left-wing MPs are unlikely to support him, preferring to stick with the New Popular Front alliance, which consists of left-wing parties aiming for progressive reforms.
The second scenario sees the New Popular Front, which holds the largest number of MPs, attempting to form a government. However, they lack an outright majority and would need to negotiate with centrist MPs, creating instability and uncertainty.
A third, less likely scenario would involve Macron re-appointing Michele Barnier, asking him to modify the budget to avoid another no-confidence vote.
Regardless of the outcome, political instability is expected to persist, with the possibility of multiple governments before the next National Assembly elections in July.
What ever happens, the next government will face significant pressure to reduce France's budget deficit. Currently it's above 5%—well over the EU's 3% target.
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Brazil's Supreme Court has ordered the arrest of former President Fernando Collor de Mello after rejecting his appeals against a corruption conviction, with a ruling from 2023 sentencing him to nearly nine years in prison for money laundering and bribery.
The U.S. military said a missile explosion that killed at least a dozen people near a UNESCO site in Yemen's capital, Sanaa, was caused by a Houthi-fired weapon, not an American airstrike, countering local claims and intensifying scrutiny over the rising civilian toll in the conflict.
The United States is set to host an energy summit in Alaska in early June, where President Donald Trump’s administration hopes Japan and South Korea will commit to the $44 billion Alaska LNG project, a major energy initiative aimed at expanding U.S. gas exports to Asia.
A large-scale missile and drone strike hit Kyiv overnight, killing at least 12 people in what Ukrainian officials called the most significant attack on the capital this year, as diplomatic efforts to reach a resolution continue.
Harvard University’s endowment is in advanced talks to sell about $1 billion in private equity fund interests, a source familiar with the matter told Reuters on Thursday.
Brazil's Supreme Court has ordered the arrest of former President Fernando Collor de Mello after rejecting his appeals against a corruption conviction, with a ruling from 2023 sentencing him to nearly nine years in prison for money laundering and bribery.
The U.S. military said a missile explosion that killed at least a dozen people near a UNESCO site in Yemen's capital, Sanaa, was caused by a Houthi-fired weapon, not an American airstrike, countering local claims and intensifying scrutiny over the rising civilian toll in the conflict.
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A large-scale missile and drone strike hit Kyiv overnight, killing at least 12 people in what Ukrainian officials called the most significant attack on the capital this year, as diplomatic efforts to reach a resolution continue.
Harvard University’s endowment is in advanced talks to sell about $1 billion in private equity fund interests, a source familiar with the matter told Reuters on Thursday.
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