CashNews.co By Lawrence Delevingne (Reuters) -Stocks in the U.S. and Europe were mixed on Monday, while the dollar gained versus the euro, amid political turmoil in France and positive signals for the U.S. economy. French equities finished little changed in choppy trading after politicians there planned a no-confidence motion against Prime Minister Michel Barnier, a […]
CashNews.co (Bloomberg) — The far-right National Rally indicated in the strongest language yet that it could topple the French government as soon as this week, hours after Finance Minister Antoine Armand said his administration wouldn’t be blackmailed. Most Read from Bloomberg Marine Le Pen and her party have threatened to support a no-confidence motion unless […]
CashNews.co The financial markets saw some reversal trends in currencies last week, with the US dollar weakening following a retreat in the US government bond yields. The trend may continue this week as investors reassess Trump’s tariffs and central banks’ rate path. The stock markets, particularly Wall Street, will likely extend gains toward a Christmas […]
CashNews.co Finance Minister Antoine Armand said France won’t accept artificial budget deadlines from Marine Le Pen even as the far-right leader gave her strongest indication yet that she’s prepared to topple the government as soon as this week. Le Pen’s National Rally has threatened to support a no-confidence motion unless Prime Minister Michel Barnier tweaks […]
CashNews.co PARIS (Reuters) – French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. Ratings agency Standard & Poor’s gave Prime Minister Michel Barnier’s fragile minority government a rare reprieve late on Friday […]
CashNews.co Nigeria’s presidential spokesperson Bayo Onanuga said on Friday that the deals, signed the previous day during President Bola Tinubu’s state visit to Paris, included a 300 million euro investment plan to support critical infrastructure, healthcare, transportation, agriculture, renewable energy and human capital development across Nigeria. Nigeria’s finance minister Wale Edun and French economy minister […]
CashNews.co (Bloomberg) — France’s benchmark bond yield matched Greece’s for the first time on record, the latest milestone in a week marked by mounting anxiety over the fate of Prime Minister Michel Barnier’s government. Most Read from Bloomberg The rate on 10-year French notes, traditionally considered among the safest in the euro area, briefly rose […]
CashNews.co By Leigh Thomas PARIS (Reuters) -French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. France’s budget deficit has spiralled out of control this year, pressuring French government bonds, although ratings agency […]
CashNews.co PARIS (Reuters) – French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. Ratings agency Standard & Poor’s gave Prime Minister Michel Barnier’s fragile minority government a rare reprieve late on Friday […]
CashNews.co Addis Ababa, November 29, 2024 (FBC) – The Ministry of Finance of the Federal Democratic Republic of Ethiopia, the French Development Agency (AFD), and Expertise France have signed an economic cooperation agreement aimed at expanding and strengthening their partnership. The agreement focuses on mobilizing highly qualified expertise and supporting public policies in sectors such […]