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."
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling th...
An Israeli air strike and tank shelling killed six Palestinians, including two girls, in Gaza City on Sunday...
Global oil prices have surged past $110 a barrel this Monday as fresh U.S.-Israeli strikes hit multiple targets, including oil depots. Stock market...
The U.S. embassy in Oslo was hit by a loud explosion early on Sunday (8 March), causing minor damage but no injuri...
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islami...
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as the Iranian conflcit entered its fifth day on Wednesday.
France plans to send anti-missile and anti-drone systems to southern Cyprus after a British air base on the island was attacked by drones, the semi-official Cyprus News Agency (CNA) said on Tuesday.
Switzerland said on Wednesday (25 February) it would make a one-off payment of 50,000 Swiss francs ($56,000) to each severely injured survivor and to the bereaved families of those killed in the New Year bar fire at the ski resort of Crans-Montana.
The Foreign Intelligence Service of the Russian Federation (SVR) on Tuesday (25 February) accused the United Kingdom and France of actively working to provide Ukraine with nuclear weapons. The allegations were swiftly rejected by both London and Paris.
The Azerbaijani State Security Service has said it has stopped Iran committing terror attacks against four targets in the country: Baku-Tbilisi-Ceyhan pipeline, the Israeli Embassy in Azerbaijan, a leader of the Mountain Jews religious community and the "Ashkenazi" synagogue.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
Baku has completed its evacuation of staff from the Azerbaijan Consulate General in Tabriz, while most employees from the Azerbaijan Embassy in Tehran have also returned.
Tehran’s Mehrabad Airport came under attack in heavy airstrikes on early Saturday morning (7 March), Iranian news agencies reported.
U.S. President Donald Trump threatened further attacks on Iran on Saturday (7 March), while the United Arab Emirates and Saudi Arabia continued to shoot down missiles in their airspace. Meanwhile, Iran’s President Masoud Pezeshkian said Tehran would stop attacking its neighbours.
Global oil prices have surged past $110 a barrel this Monday as fresh U.S.-Israeli strikes hit multiple targets, including oil depots. Stock markets fell on fears the conflict with Iran could disrupt shipments through the Strait of Hormuz, raising concerns over global energy supply.
The U.S. embassy in Oslo was hit by a loud explosion early on Sunday (8 March), causing minor damage but no injuries, in what may have been a deliberate attack linked to the crisis in the Middle East, Norwegian police said.
Russian attacks on Ukraine’s second largest city in the early hours of Saturday (7 March) killed 10 people, including two children. Kharkiv mayor, Ihor Terekov, said 10 residents died after a Russian ballistic missile hit a five storey apartment block in the city.
A 35-year-old former rapper is on track to become Nepal’s next prime minister. Early counting in the elections on Friday (7 March) showed Balendra Shah’s Rastriya Swatantra Party (RSP) was leading in around 100 seats, far ahead of rivals.
Newly released FBI records summarising interviews with an unidentified woman contain allegations that U.S. President Donald Trump attempted to force her to perform a sexual act when she was a teenager, according to documents published by the U.S. Justice Department.
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