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Montevideo, December 22nd 2024 - 01:15 UTC

Tag: France

  • Tuesday, December 17th 2024 - 10:20 UTC

    Moody's downgrades politically shaken France's credit rating

    The Chairman of the centrist Democratic Movement (MoDem) became Macron's fourth prime minister this year

    A politically shaken France has been downgraded by Moody's Investors Service from “Aa2” to “Aa3” and the country's long-term outlook went from “stable” to “negative” amid the ongoing “fragmentation” following the appointment of Prime Minister François Bayrou.

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  • Thursday, December 5th 2024 - 09:46 UTC

    French PM loses vote of no confidence for the first time since 1962

    Barnier is likely to remain as caretaker PM until a replacement is found

    French Prime Minister Michel Barnier has been forced to resign after losing a vote of no confidence Wednesday prompted by budget disputes. However, he will likely stay as a caretaker PM until President Emmanuel Macron finds a replacement. Barnier's appointment took Macron nearly two months after July’s parliamentary election. The National Assembly approved the motion by 331 votes, far exceeding the minimum 288 needed. The political standoff has unsettled financial markets, with borrowing costs rising sharply amid fears of prolonged instability.

  • Friday, November 29th 2024 - 10:57 UTC

    France's Parliament gives thumbs down to EU-Mercosur FTA

    France's Senate joined the Lower House in an unusual display of consensus in an otherwise politically divided country

    France's Parliament was unusually united this week in rejecting the Free Trade Agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur), thus yielding to protests from local farmers who fear unfair competition. The Senate gave its thumbs down Thursday, just one day after the Lower House did the same by 484 votes against 70.

  • Tuesday, November 26th 2024 - 09:47 UTC

    Brazilian House Speaker says reciprocity coming up for Carrefour

    “We are very bothered by European protectionism,” Lira said

    Brazil's Lower House Speaker Arthur Lira spoke Monday against Europe's protectionism, particularly that of France, and announced that a bill would be voted on this week providing for “economic reciprocity.” If approved, the Brazilian government would be prevented from signing any international agreements with clauses restricting the import of Brazilian products unless the signatory countries adopt equivalent environmental protection measures.

  • Thursday, November 21st 2024 - 19:38 UTC

    French supermarket chain to halt sales of Mercosur meat to boycott FTA

    Mercosur meat might “flood the French market with meat that does not meet its requirements and standards,” Carrefour's CEO feared

    Carrefour CEO Alexandre Bompard announced this week that his company would not be selling meat imported from the Southern Common Market (Mercosur) in a move to prevent the Free Trade Agreement (FTA) with the European Union from pulling through. France's largest supermarket planned on suspending meat imports from Argentina, Bolivia, Brazil, Paraguay, and Uruguay “in solidarity with the agricultural sector.”

  • Friday, November 15th 2024 - 10:55 UTC

    France wants Mercosur-EU deal not signed

    France will do its utmost to prevent such an agreement from being signed, Armand was quoted as saying

    France will not be signing a Free Trade Agreement (FTA) between the European Union and the Southern Common Market (Mercosur), the Russian news service Sputnik reported Thursday. In fact, Paris will do its utmost to block it.

  • Wednesday, November 13th 2024 - 12:23 UTC

    Macron adding Buenos Aires and Santiago to G20 South American tour

    Macron is launching a new phase in France's ties with South America

    French President Emmanuel Macron will be making state visits to Argentina and Chile as part of his South American tour to attend the G20 Summit in Rio de Janeiro, it was confirmed in diplomatic circles. Macron will first get together with his Argentine colleague Javier Milei to discuss climate change and other bilateral issues between Nov. 16 and 17. Then, he will head for Brazil's gathering of world leaders on Nov. 18 and 19. And then he will travel to Santiago for talks with Gabriel Boric Font.

  • Tuesday, September 17th 2024 - 14:09 UTC

    French nationals advised not to travel to Venezuela

    In addition to the Bolivarian regime forces, travelers need to look out for Colombian terrorist groups in neighboring countries

    French citizens have been urged to avoid all travel to Venezuela whenever possible after the arrest of three US nationals, two Spaniards and one Czech national said to be plotting to assassinate President Nicolás Maduro with the endorsement of the CIA.

  • Tuesday, August 13th 2024 - 07:32 UTC

    UK, Germany, France call for end of immediate fighting in Gaza and release of Israeli hostages

    “The fighting must end now, and all hostages still detained by Hamas must be released,” PM Keir Starmer, Chancellor Olaf Scholz and Emmanuel Macron said.

    A joint statement from the leaders of United Kingdom, Germany and France called for an immediate end to fighting Gaza, the release of Israeli hostages and the prevention of further escalation, especially on the part of Iran and its allies.

  • Monday, July 29th 2024 - 08:56 UTC

    Paris 2024 apologizes for opening ceremony hurting Christian feelings

    The representation was said to be of a pagan feast featuring Olympic deities in no way connected to The Last Supper

    Certain parts of Friday's opening ceremony at the Paris 2024 Olympic Games were deemed to have a religious connotation that hurt the feelings of Christians and prompted an apology from the organizers.

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