FRENCH POLITICAL TURMOIL
What is happening in Madagascar? President flees country after alleged assassination attempt amid mass protests and military unrest
Madagascar's President Andry Rajoelina confirmed he is safe after an assassination attempt amid escalating political turmoil. Fleeing the nation aboard a French army aircraft, Rajoelina's departure follows the military's backing of youth-led protests demanding his resignation. He appealed for a constitutional resolution to the crisis, emphasizing his commitment to finding solutions despite threats to his life.
Charting the global economy: Political drama grips France
Central banks globally are adjusting interest rates. US spirits exports are declining due to tariffs. Argentina is depleting dollar reserves to support its currency.
France gets new Prime Minister Sebastien Lecornu - second time PM in one week. Can Emmanuel Macron save government this time?
In naming Sebastien Lecornu, 47-year-old Emmanuel Macron risks the wrath of his political rivals, who have argued that the best way out of the country's deepest political crisis in decades was for Macron to either hold snap parliamentary elections or resign.
Yen heads for sharpest weekly fall in a year as rate hike wagers recede
The yen is experiencing its steepest weekly fall in a year, driven by dwindling hopes of a Bank of Japan rate hike and political uncertainty. Meanwhile, the euro is near two-month lows due to French political turmoil, impacting budget stability. The dollar index has strengthened significantly as markets digest shifting central bank expectations and political risks.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian markets advanced on Thursday, led by IT and metal stocks, as investors grew optimistic ahead of TCS earnings and a rebound in base metal prices. Sensex rose 398 points, while Nifty gained 136 points.
U.S. Dollar rate prediction for October: USD heads for best week in year. What to expect?
The increase in US dollar or yen has been quite relentless, and it seems like nothing can stop it from rallying.
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Dollar set for best week in a year as yen struggles
The dollar strengthened this week, driven by a weakening yen amid political shifts in Japan and ongoing U.S. government shutdown concerns. Investors sought safe havens like gold as global political uncertainty persisted. The yen's slide and France's political crisis are bolstering the dollar, while the euro faces headwinds. Federal Reserve minutes suggest caution on future rate cuts.
European shares rise slightly on banks, energy boost; tech, autos curb gains
European shares inched higher on Wednesday with banks and energy stocks leading early gains, though gains were kept in check by losses in automobile stocks following BMW's forecast cut and technology names amid U.S. calls for export bans.
European bond yields rise amidst French political turmoil
Euro zone bond yields rose on Tuesday, a day after French Prime Minister Sebastien Lecornu unexpectedly resigned, deepening a political crisis in Europe's second-biggest economy.
Copper declines on dollar rally despite Grasberg worries
Copper prices have fallen after a strong weekly gain. The US dollar strengthened against the Japanese Yen and Euro. This was driven by political developments in Japan and France. A stronger dollar makes copper more expensive for international buyers. However, mine disruptions are tightening copper supply. Upcoming US economic data may be affected by a government shutdown.
French PM Sébastien Lecornu resigns in just 26 days: here’s why, and will the Parliament be dissolved?
France plunged into renewed political unrest on Monday as Prime Minister Sébastien Lecornu stepped down less than a month into his term. His resignation comes only 26 days after being appointed by President Emmanuel Macron.
French Prime Minister Sébastien Lecornu resigns amid political turmoil; his net worth, personal details and family
French Prime Minister Sébastien Lecornu resigned on Monday, just hours after unveiling his cabinet, plunging France into renewed political uncertainty. His abrupt departure follows weeks of internal tensions and widespread criticism of his government’s composition and strategy.
France President Emmanuel Macron unveils new government but PM Sebastien Lecornu faces risk of being toppled
France Prime Minister Sebastien Lecornu's two immediate predecessors, Francois Bayrou and Michel Barnier, were ousted in a standoff over France's austerity budget in a deeply divided parliament.
Trump’s student visa crackdown helps boom in Qatar college hub
Doha's Education City is experiencing record enrollment, attracting international students to its offshore American university branches as US policies deter foreign arrivals. Funded by Qatar, this hub offers valuable revenue for US schools and boosts Qatar's global influence, despite criticism over Middle Eastern funding and geopolitical risks. This trend signals a dynamic shift in global higher education.
Eiffel Tower closed as nationwide strikes held across France against austerity
French cities saw protests against spending cuts and for higher taxes on the wealthy. Major unions called for action amid budget talks and political changes. The Eiffel Tower closed due to the strike. Unions urge Prime Minister Sebastien Lecornu to reconsider proposed measures. Earlier demonstrations also drew many people across France.
Bon Appetit, Your Majesty finale episode in India: When and where to watch Lee Chae-min and Im Yoon-ah's K-drama on OTT? Episode 11 recap
The K-drama Bon Appetit, Your Majesty approaches its finale today. Episode 11 revealed King Yi Heon's mother was poisoned by his grandmother. Prince Jesan murdered the Dowager Queen Mother, framing the king. Loyalists were killed. Read on to know when and where you can watch the finale episode in India.
Strikes and protests roil France, pitting the streets against Macron and his new prime minister
France witnessed widespread protests against President Emmanuel Macron's policies. Demonstrators expressed anger over budget cuts and economic inequality. Public services faced disruptions as transportation workers joined the strike. Clashes between police and protesters occurred in several cities including Paris. The government deployed a large number of police to maintain order. The protests reflect growing discontent with the government's economic policies.
From UK to Poland, Europe is becoming the ungovernable continent
Europe's leaders face increasing challenges in governing due to strained budgets, political fragmentation, and energized opposition. France and the UK are particularly struggling, with rising debt yields and the far-right gaining traction. This instability makes the continent vulnerable to external pressures from global powers like Russia, China, and a potential second Trump presidency.
Are Baba Vanga and Nostradamus right? Their identical 2025 prophecies point to ‘humanity’s downfall’ - Here’s what they said
As the year unfolds, the debate over the predictions of Baba Vanga and Nostradamus is likely to intensify. For some, their prophecies serve as chilling warnings that must not be ignored; for others, they remain little more than ambiguous texts that conveniently align with present circumstances.
European Central Bank leaves rates unchanged as economy weathers Trump's tariffs
The European Central Bank maintained steady interest rates. Inflation is under control. The Eurozone economy shows slight growth despite Trump's tariffs. Focus shifts to Christine Lagarde's comments on France's fiscal issues. The ECB might intervene if France faces market turmoil. France's high deficit poses a challenge. Lagarde must balance market stability with fiscal responsibility.
France's Macron names loyalist Sebastien Lecornu as new prime minister
Emmanuel Macron appointed Sebastien Lecornu as France's new prime minister, signaling a continuation of his pro-business economic policies. This decision, following the ousting of the previous prime minister over debt reduction plans, risks alienating the left and increasing reliance on the far-right for parliamentary support.
European shares steady as M&A optimism offsets French political turmoil
European shares remained stable. Merger deals provided initial optimism. This offset political uncertainty in France. Francois Bayrou's ouster impacted market sentiment. Anglo American's shares rose after merger with Teck Resources. Monte dei Paschi di Siena's shares increased following data. Mediobanca's shares also saw gains. Investors are watching President Emmanuel Macron's choice for prime minister.
French government collapse: France President Emmanuel Macron to name new Prime Minister, replacing Francois Bayrou who resigns. Snap elections to be declared?
France Prime Minister Francois Bayrou is all set to submit resignation even as French President Emmanuel Macron will make big announcement soon.
France cannot 'erase reality' of fiscal risks, Bayrou says with govt on brink
Prime Minister Francois Bayrou warned France faces a financial crisis due to over-indebtedness, ahead of a likely confidence vote loss. He cautioned that any future government would confront the same fiscal realities, with high debt and rising expenses. The looming government collapse threatens France's stability amid European challenges and could lead to credit downgrades.
France faces more turmoil with government on brink ahead of confidence vote
France's political scene is shaky. Prime Minister Francois Bayrou is likely to lose a confidence vote. This deepens the nation's problems amid European challenges. France struggles with debt and budget issues. Opposition parties plan to oust Bayrou. President Macron may need to find a new leader. The country is in crisis after snap elections.
Earthquakes, chaos, and economic collapse: How much of Baba Vanga’s 2025 prophecy has already come true?
The powerful earthquake in Myanmar that killed over 1,700 people has revived global discussion around the late Bulgarian mystic Baba Vanga. Called the ‘Nostradamus of the Balkans’, her predictions for 2025 included destructive earthquakes, political conflict in Europe and economic instability. As the year unfolds, her words about a “double fire” and “what is opened cannot be closed” are drawing speculation. Supporters view them as warnings, while sceptics argue her forecasts are vague.
France's 30-year yield pauses near 2011 highs amid political risk
French bond yields slightly decreased on Wednesday after hitting multi-year highs due to political uncertainty. Opposition to Prime Minister Bayrou's budget cuts raised concerns about the government's stability, impacting investor confidence. Adding to global market worries, President Trump's attempt to remove a Federal Reserve Governor sparked fears about central bank independence.
Hostage Review: Intrigue, emotion and high-stakes drama to the last scene
Netflix’s newest limited series, Hostage, developed by Bridge of Spies writer Matt Charman, has stirred significant conversation with its blend of geopolitical suspense, human emotio,n and dramatic intensity. Led by commanding performances from Suranne Jones and Julie Delpy, the five-episode drama has enthralled audiences.
Prime Minister Michel Barnier to resign as France's political crisis deepens
French Prime Minister Michel Barnier will resign after losing a no-confidence vote, marking the shortest premiership in modern French history. Far-right and leftist lawmakers toppled his government over an unpopular budget proposal, deepening France's political crisis and weakening President Macron's standing. Macron aims to quickly appoint a new prime minister, but faces a divided parliament and potential new elections.
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