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The Latest Breaking News from Eric Lombard

'If the Strait of Hormuz were to remain closed, we would face a major crisis'

The war in the Middle East is sending shockwaves through global energy markets as the tensions spillover into the Strait of Hormuz, one of the world’s most important oil transportation routes. Former French economy minister Eric Lombard tells RFI the situation could trigger a major global economic crisis if it…

Radio France Internationale

What’s next for Macron and who could become France’s next prime minister?

After François Bayrou’s downfall, Emmanuel Macron faces the tough decision of whether to find a fifth prime minister in under two years or call for snap elections.

Euronews

Stocks Set to Open Higher Amid Trade Progress, U.S. Jobs Data and Powell’s Remarks Awaited

September S&P 500 E-Mini futures (ESU25) are up +0.47%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.70% this morning, pointing to a higher open on Wall Street amid optimism over progress in trade negotiations between the U.S. and key partners.

Barchart

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France faces €5bn in fresh cuts as debt balloons to record high

France’s public debt rose again in early 2025, reaching just over €3.35 trillion at the end of the first quarter – 114 percent of GDP – official figures showed on Thursday. The government now says it needs to find another €5 billion in savings to rein in the ballooning deficit.

Radio France Internationale

France aims to attract €20 billion in fresh investment at 'Choose France' summit

France is poised to cement its status as a top investment destination with a surge of international deals announced at this year’s high-profile 'Choose France' which took place outside Paris.

Radio France Internationale

EU Still Far From Tariff Deal With US: French Minister

The European Union and United States are far from reaching a deal on tariffs, France's economy minister said Thursday, as the bloc seeks a way out from trade tensions with Washington.

International Business Times

Trump Trade Deals Appear Distant As Tariff Tensions Simmer

US President Donald Trump's promises of securing trade deals with major partners took another blow Thursday, with a French minister saying an agreement with the EU was "a long way" off and China insisting talks had not even started.

International Business Times

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Trump Goads China After Beijing Retaliates In Global Trade War

President Donald Trump goaded a "panicked" China on Friday after the chief US economic rival retaliated against his tariffs and he dismissed stock market panic over the growing global trade war, touting the chance to "get rich."

International Business Times

French deficit came in lower than expected in 2024 but risks remain

The public deficit was 5.8% of GDP in 2024 instead of the expected 6%, yet the Minister of the Economy said it was "not good news".

Euronews

EU chief unveils €800bn plan to ‘rearm’ Europe

‘We are ready to step up’ says Ursula von der Leyen after US suspends military aid to Ukraine

The Guardian - UK

French Luxury Billionaire Sparks Tax Debate With Threat To Leave

Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike.

International Business Times

French minister rules out new taxes on households amid budget showdown

In the midst of fierce debate over the 2025 budget, which has already toppled one government, French Economy Minister Eric Lombard promised there would be no new taxes on individuals. The Senate is set to vote on the budget on Thursday.

Radio France Internationale

New government of French PM Bayrou settles in under shadow of no-confidence vote

The new government of Prime Minister François Bayrou faces a frantic fortnight as it battles to establish its credibility and fend off cross-party attempts to kill it in its infancy.

Radio France Internationale

France's new economy, budget ministers get to work on budget for 2025

The new team at the helm of France’s economy will need to begin work immediately on passing a 2025 budget, which has been in limbo since the National Assembly rejected the belt-tightening proposal from former Prime Minister Michel Barnier, which led to the toppling of his government.

Radio France Internationale

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