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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Tourists from all over the world flock to Paris, France for elaborate Valentine’s Day proposals, with agencies reporting record bookings and luxury packages reaching up to €100,000.
A SpaceX Falcon 9 rocket launched early on Friday, 13 February, from Cape Canaveral, Florida, carrying four astronauts and cosmonauts on an eight-month mission to the International Space Station (ISS). The Crew-12 team includes two Americans, a French astronaut and a Russian cosmonaut.
French President Emmanuel Macron has warned that Europe should prepare for fresh friction with the U.S. and treat what he called the ‘Greenland moment’ as a signal to strengthen the European Union’s economic and political power.
Czech Prime Minister Andrej Babis said on Sunday (8 February) he was in favour of banning the use of social media by children under 15 of age, as a growing number of European countries consider similar restrictions.
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
Iran’s Supreme National Security Council Secretary Ali Larijani said the United States could evaluate its own interests separately from those of Israel in ongoing negotiations between Tehran and Washington.
U.S. Secretary of State Marco Rubio on Sunday (15 February) called it “troubling” a report by five European allies blaming Russia for killing late Kremlin critic Alexei Navalny using a toxin from poison dart frogs.
Ukrainian President Volodymyr Zelenskyy said on Saturday that Russia’s decision to change the leadership of its delegation for upcoming peace talks in Geneva appeared to be an attempt to delay progress.
Cuba’s fuel crisis has turned into a waste crisis, with garbage piling up on most street corners in Havana as many collection trucks lack enough petrol to operate.
The Pentagon has threatened to designate artificial intelligence firm Anthropic as a “supply chain risk” amid a dispute over the military use of its Claude AI model, according to a report published Monday.
Representatives of Ukraine, Russia and the United States are set to meet in Geneva for a third round of trilateral negotiations aimed at ending the nearly four-year war, even as both sides intensify military pressure on the ground.
The Prime Minister, Mark Carney, announced on 16 February that the Honourable Janice Charette has been appointed as the next Chief Trade Negotiator to the United States.
Cuba’s fuel crisis has turned into a waste crisis, with garbage piling up on most street corners in Havana as many collection trucks lack enough petrol to operate.
Day 10 of the Milano Cortina 2026 Winter Olympics delivered high-stakes semifinals, dramatic finishes and classic podium moments across Milan and the Italian Alps. Photographers captured split seconds of symmetry before puck drops, explosive turns on the ice and triumphant celebrations.
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