A rating agency’s warning about the country’s ballooning debt comes as the prime minister tries to push an austerity budget through a divided Parliament.
Author: LIZ ALDERMAN
Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says
The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.
Golden Visa Programs, Once a Boon, Lose Their Luster
Spain is the latest European country to end its program, which brought in billions of euros from real estate investors seeking residency status but worsened a housing crisis for locals.
How France Is Fighting ‘Shrinkflation’
Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding price cut.
McDonald’s to Buy Back 225 Israeli Restaurants After Boycotts
The move highlighted deepening political rifts for multinational corporations in the region and followed boycotts after the chain’s Israeli franchise owner donated meals to soldiers.
Farmers Clash With Police and Macron at Paris Agricultural Fair
At the annual show where the French countryside comes to the capital, President Emmanuel Macron’s efforts to calm a monthlong confrontation were met with anger.
France Will Cut Spending as It Sees a Weaker Economy Ahead
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
France Will Cut Spending as It Sees a Weaker Economy Ahead
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
Israeli Shekel Regains Value Lost Against Dollar After Attacks
The currency is now back to about where it was before the attacks on Oct. 7, after falling to an eight-year low.