S P Global’s decision to maintain France’s ’AA’ rating was by no means a foregone conclusion. As long as there’s no in depth reflection on the efficient use of public spending, France will not be able to break out of the vicious circle of debt.

   The credit agency attributed its negative outlook to France’s high budget deficits and government debt, identifying them as risks to its fiscal flexibility.

   The challenges for caterers are on the rise, whether from rising inflation, absent or lower spending customers, difficulties repaying loans taken out during the Covid period or rising energy bills. The number of bankruptcies has skyrocketed.

   Estimates of a typical Christmas budget for a French household depend on who’s asking. For this year, surveys have shown a range of answers, from less than to as much as over the holiday period.

   French Energy Transition Minister Agnès Pannier Runacher outlines in an interview the government’s vision of the trajectory that would enable France to gradually reduce its dependence on fossil fuels.

   A European proposal on packaging waste management led to a sudden flurry of activity by French MEPs, with lawmakers ranging from liberals to the far right voting to save the traditional wooden camembert box.

   As Rishi Sunak’s government presents its budget on Wednesday, November , it faces a stagnant economy and an cost of living crisis.

   EU regulations on more sustainable food packaging will bring an end to wooden boxes for cheese’ unless they’re protected cheeses; like most Camemberts are.

   Since , the United States’ largest bank has made the northeast suburbs of Paris the largest beneficiary of its philanthropic initiatives abroad. CEO Jamie Dimon announced a new five year commitment on Wednesday, bringing the bank’s total support to million.

   This funding, which comes less than a year after the million raised by its competitor Pasqal, illustrates the advances made by this technology.

   Following the French president’s November visit, major French groups have made the trip to help exploit the natural resources that Uzbekistan is rich in, as the nation seeks to modernize.

   Households facing budget restraints are now opting for cheaper products that may be imported. In response to this, French brands are trying to fight back.

   France’s environmental goals can only be financed by transferring income from the wealthiest individuals to the government, to domestic savings, and to companies who invest in the environmental transition.

   Saudi Arabia is considering purchasing aircraft from Dassault Aviation after a German veto blocked its purchase of Typhoon jets due to human rights concerns.

   Patrick Drahi may be playing down Altice’s colossal debt, but inflation and rising interest rates are forcing him to take on more debt. The company is teetering on the brink. His business partner’s arrest in July, SFR’s stagnation and this financial risk may push it over the edge.

   The French president heads to Central Asia on Wednesday in hopes of strengthening economic ties and discussing energy projects in a region contested by global powers.

   Yerevan has agreed to purchase radar systems from the French group Thales amid fears that Azerbaijan might seek to target southern Armenia, after having seized Nagorno Karabakh.

   While one focused on the banlieues in the s, during a peaceful movement of young residents from immigrant backgrounds, the other looked at the following generations, marked by the riots of and . In a conversation with Le Monde, François Dubet and Fabien Truong analyze years of...

   The French government is moving into the thick of ecological planning. This requires action and a motivating narrative notes the economist in his column.

   Segault supplies components for nuclear propelled submarines and makes industrial valves used on the Charles de Gaulle aircraft carrier; Velan SAS manufactures pieces for French nuclear power plants. Both were blocked from being acquired by a Texan company.