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Top StoriesFall of Government Leaves France Without Clear Path on Cutting Deficit -S&P
Top StoriesPrime Minister Barnier to Resign as France’s Political Crisis Deepens
Top StoriesFrom Decree to Defeat: Inside South Korea’s Failed Martial Law Attempt
Top StoriesHow to Impeach a South Korean President
UN Seeks $47 Billion in Aid as Donor Appetite Shrinks While Crises Multiply
Date: December 4, 2024
By Emma Farge GENEVA (Reuters) – The United Nations on Wednesday sought $47 billion in aid for 2025 to help around 190 million people fleeing conflict and battling starvation, at a time when this year’s appeal is not even half-funded and officials fear cuts from Western states including the top donor, the U.S. Facing what...
German Cabinet Approves $1.4 Billion Subsidy to Cut 2025 Power Network Fees
Date: December 3, 2024
BERLIN (Reuters) – Germany’s cabinet has approved a proposal for a 1.3 billion euro ($1.37 billion) subsidy to offset electricity network fees for consumers next year, the economy ministry said on Tuesday. The plan, which seeks to stabilise electricity prices, comes as high energy costs strain household budgets and hinder industrial production in Europe’s biggest...
What’s Next in France’s Political and Budget Crises?
Date: December 2, 2024
PARIS (Reuters) – France’s minority government is in a precarious position, with the far-right National Rally party promising to force the collapse of Prime Minister Michel Barnier’s cabinet unless it yields to its demands on next year’s budget. Far-right chief Marine Le Pen and left-wing opponents could put forward a no-confidence motion as early as...
Italy Pushes Back Poste Stake Sale to 2025, Sources Say
Date: November 29, 2024
By Giuseppe Fonte, Elvira Pollina and Elisa Anzolin ROME/MILAN (Reuters) – Italy will postpone until next year the sale of up to a 14% stake in postal service Poste Italiane which was originally expected by early December, three people familiar with the matter told Reuters on Friday. State-controlled Poste said last month the approval of...
Germany’s Green Hydrogen Ramp-Up Reliant on Public Money, E.on Says
Date: November 29, 2024
FRANKFURT (Reuters) – The development of a green hydrogen market in Germany still depends to a large extent on public spending, utility E.ON said on Friday. The share of projects under construction or equipped with final investment decisions has risen to 9% from 3% of the 2030 target of 11.3 gigawatts (GW) of electrolysis capacity,...
UK Transport Minister Quits in New Blow to PM Starmer
Date: November 29, 2024
By Andrew MacAskill LONDON (Reuters) -Britain’s transport minister Louise Haigh has resigned after pleading guilty years ago to an offence in connection with misleading police over a work mobile phone, in another blow to Prime Minister Keir Starmer. Her resignation, the first from Starmer’s top team of ministers since winning a landslide election victory in...