Economy



Dozens of French ships stranded as Strait of Hormuz crisis deepens

France said dozens of its vessels are trapped in the Persian Gulf as the escalating conflict involving Iran, the United States, and Israel effectively shuts down the Strait of Hormuz, one of the world’s most critical maritime chokepoints. French Transport Minister Philippe Tabarot said Friday......

Moroccan economy minister discusses regional tensions and French investment interest

Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, appeared on the business program Le Monde Qui Bouge – L’Interview during the show Good Morning Business, hosted by Sandra Gandoin. During the interview, Fettah Alaoui addressed the potential economic consequences for Morocco......

France pays €79 million compensation to Atosca after A69 highway delay

The French government has paid €79 million to Atosca, the concessionaire of the future A69 highway, following a prolonged work stoppage in 2025, the Ministry of Transport confirmed Tuesday. Construction on the Toulouse-Castres route was halted on February 27, 2025, after the Toulouse administrative......

European stocks sink as Iran conflict rattles trade and energy routes

European equities posted their steepest single day drop in months on Monday as investors reacted to the deepening military confrontation involving the United States, Israel, and Iran and its fallout for global trade and energy flows. The pan-European Stoxx 600 lost around 1.8 percent, while Germany’s......

Mercosur deal sparks tensions as Macron criticizes European Commission move

French President Emmanuel Macron has sharply criticized the European Commission’s decision to provisionally apply the European Union’s trade agreement with Mercosur countries, describing the move as both “a bad surprise” for France and “a bad way” to treat the European......

Europe invests €45 billion in wind power as policy uncertainty clouds growth

Europe channelled €45 billion into wind energy projects in 2025, installing 19.1 gigawatts of new capacity despite industry warnings that planned EU policy reforms could weaken investor confidence. According to WindEurope’s annual report, total installed capacity reached 304 gigawatts, up......

Ray Dalio warns investors as global order enters era of instability

Investor and Bridgewater Associates founder Ray Dalio has warned that the global financial and political system has entered a period of “great disorder,” marking the end of the post-World War II world order. In recent essays and public appearances, Dalio said current global tensions and rising......

Seb plans global job cuts to restore profitability amid rising competition

French household appliance manufacturer Groupe SEB has announced a global cost-saving plan that could lead to the elimination of up to 2,100 jobs worldwide, including around 500 positions in France, as part of a broader strategy to restore profitability and adapt to intensifying international......

Trump raises global tariffs to 15% after Supreme Court setback

U.S. President Donald Trump announced that he is increasing newly introduced global tariffs from 10% to 15%, with immediate effect, following a major ruling by the Supreme Court of the United States that curtailed parts of his trade policy. In a statement published on his social media platform, Trump......

France’s Urssaf recovers €1.5 billion from undeclared work in 2025

France’s social security collection agency, Urssaf, announced that it recovered over €1.5 billion in 2025 by combating undeclared work. The initiative targets workers who do not report income, depriving both themselves and the public system of social contributions. Undeclared work represents......

US trade deficit hits $1.24 trillion in 2025 despite tariffs

The United States recorded a historic trade deficit of $1.241 trillion in 2025, marking a 2.1% increase compared with the previous year, according to data released by the US Department of Commerce. This record deficit occurred despite the implementation of tariffs aimed at rebalancing trade flows with......

Italy surpasses France in GDP per capita, signaling shifting economic dynamics in Europe

For the first time in recent history, Italy has overtaken France in gross domestic product per capita, marking a notable shift in Europe’s economic landscape. The development reflects diverging growth trajectories between the two eurozone economies. In 2019, France stood above the average GDP......

European stocks slip as oil surges on US Iran tensions

European equities edged lower on Thursday after reaching record highs a day earlier, as investors weighed a sharp rise in oil prices against escalating tensions between the United States and Iran over Tehran’s nuclear program. The pan European Stoxx Europe 600 index fell 0.1 percent in early trading,......

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