Thursday, 28 November 2024

Why has France’s austerity budget caused a political storm?

Country is at risk of fresh turmoil with its government on the brink amid soaring sovereign borrowing costs

France is at risk of being plunged into fresh political turmoil as its minority government teeters on the brink of collapse amid opposition anger over a planned austerity budget.

Reflecting growing unease in financial markets, French sovereign borrowing costs have risen sharply, reaching the highest premium over German bonds since the height of the eurozone debt crisis in 2012.

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from World news | The Guardian https://ift.tt/u7iHU6G

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Taiwan president's Hawaii trip draws Chinese anger

Lai Ching-te's trip to the US state is being billed as a stopover, but has been condemned by Beijing. from BBC News https://ift.tt/Sik...