The fall of the government leaves France without a clear path toward reducing its budgetary deficit, credit rating agency Standard and Poor's (S&P) said on Thursday.
The fall of the government leaves France without a clear path toward reducing its budgetary deficit, credit rating agency Standard and Poor's (S&P) said on Thursday.
"With less than four weeks until the end of the year, and even less time remaining until the Dec. 21 deadline to pass the budget, regardless of whether a new government is formed, S&P Global Ratings believes that the likelihood of an amended 2025 budget plan to be passed by year-end 2024 is low," it said.
S&P added in a note that under most scenarios, it would expect "considerably less budgetary consolidation than implied by the measures—including new taxes—proposed by the former government."
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Iran’s Foreign Minister Abbas Araghchi visited Paris on Wednesday in a rare visit by an Iranian top diplomat in recent years.
French President Emmanuel Macron is scheduled to visit China from 3 to 5 December 2025, during which he will meet Chinese President Xi Jinping.
French health experts are warning that the highly pathogenic H5 strain of bird flu, already devastating wild and farm animals, could evolve into a virus capable of human-to-human transmission — potentially sparking a pandemic worse than COVID-19.
France will introduce a new voluntary military service starting next summer, for people aged 18 and 19, the country's President Emmanuel Macron said on Thursday.
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.
Netflix crashed on Wednesday for about an hour in the U.S. as it launched season five of "Stranger Things", with the service becoming inaccessible to many subscribers within minutes of the episodes going live at 8 p.m. local time.
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.
French health experts are warning that the highly pathogenic H5 strain of bird flu, already devastating wild and farm animals, could evolve into a virus capable of human-to-human transmission — potentially sparking a pandemic worse than COVID-19.
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%.
The famed Nuremberg Christmas Market opened on Friday (28 November) with its traditional ceremony featuring the Nuremberg Christkind, an angel-like child figure said to deliver Christmas gifts in some European countries.
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