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."
A knife attack in Mulhouse has left one person dead and three injured. France’s Interior Minister says migration issues played a role in the incident.
France has handed over control of a military base in Ivory Coast’s commercial capital, Abidjan, while retaining 80 military personnel for training. The move is part of a broader reduction of French forces in West and Central Africa.
French President Emmanuel Macron said France may deploy forces to secure peace in Ukraine after a ceasefire, urging Europe to strengthen its defence amid shifting US-Russia relations.
Masdar, TotalEnergies and EPointZero, the decarbonisation division of 2PointZero, have signed a Framework for Action (FFA) agreement to expand clean energy access across Africa and Asia.
France will host European leaders, including Britain's prime minister, on Monday for an emergency summit on the war in Ukraine. The hastily arranged meeting comes after U.S. officials suggested Europe would have no role in any talks on ending the conflict.
The Trump administration has ordered U.S. federal employees to submit a list of their work accomplishments by Monday night or risk losing their jobs, raising legal and procedural questions over mass firings.
Israel has delayed the release of hundreds of Palestinian prisoners until Hamas meets its conditions, highlighting tensions over the fragile Gaza ceasefire.
French President Emmanuel Macron and British Prime Minister Keir Starmer will travel to Washington next week amid European concerns over Donald Trump’s approach to Ukraine and his outreach to Moscow.
Donald Trump and Justin Trudeau discussed the Ukraine war and efforts to combat the illegal fentanyl trade in a call on Saturday, ahead of a planned leaders' discussion on the conflict.
Catholics across Latin America prayed for Pope Francis as the Vatican reported he remains in critical condition at a Rome hospital. From Mexico to Argentina, the region rallied in support of the first Latin American pope.
A tragic crowd crush at New Delhi Railway Station on Saturday night left 18 dead and 10 injured as thousands of people, many heading to the Kumbh Mela festival, attempted to board delayed trains. The incident highlights the ongoing risks of overcrowding at public transportation hubs in India.
A Delta Air Lines regional jet flipped upside down upon landing at Toronto Pearson Airport on Monday, injuring 18 people. Officials are investigating whether strong winds and snow played a role in the incident.
Berlin, February 21, 2025 – German citizens will head to the polls on Sunday, February 23, for a snap general election after the coalition government collapsed late last year.
The Trump administration has ordered U.S. federal employees to submit a list of their work accomplishments by Monday night or risk losing their jobs, raising legal and procedural questions over mass firings.
French President Emmanuel Macron and British Prime Minister Keir Starmer will travel to Washington next week amid European concerns over Donald Trump’s approach to Ukraine and his outreach to Moscow.
Donald Trump and Justin Trudeau discussed the Ukraine war and efforts to combat the illegal fentanyl trade in a call on Saturday, ahead of a planned leaders' discussion on the conflict.
Catholics across Latin America prayed for Pope Francis as the Vatican reported he remains in critical condition at a Rome hospital. From Mexico to Argentina, the region rallied in support of the first Latin American pope.
President Donald Trump said the U.S. is close to an agreement with Ukraine on sharing mineral revenue as part of efforts to end the war, aiming to recoup military aid sent to Kyiv.
The Trump administration has ordered U.S. federal employees to submit a list of their work accomplishments by Monday night or risk losing their jobs, raising legal and procedural questions over mass firings.
Israel has delayed the release of hundreds of Palestinian prisoners until Hamas meets its conditions, highlighting tensions over the fragile Gaza ceasefire.
French President Emmanuel Macron and British Prime Minister Keir Starmer will travel to Washington next week amid European concerns over Donald Trump’s approach to Ukraine and his outreach to Moscow.
Donald Trump and Justin Trudeau discussed the Ukraine war and efforts to combat the illegal fentanyl trade in a call on Saturday, ahead of a planned leaders' discussion on the conflict.
Catholics across Latin America prayed for Pope Francis as the Vatican reported he remains in critical condition at a Rome hospital. From Mexico to Argentina, the region rallied in support of the first Latin American pope.
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