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Economics at france24.com

Friday, May 10

12

€2.3 billion of seized Russian assets, a headache for Italian authorities

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Yachts, private planes and luxury villas – all belonging to Russian oligarchs, whose assets in Italy have been frozen since the full-scale invasion of Ukraine. According to Brussels, those assets are worth some €2.3 billion. But they have…

UK economy exits recession during first quarter ahead of general election

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Britain exited a shallow recession with better-than-expected growth in the first quarter, official data showed Friday, in a boost to embattled Prime Minister Rishi Sunak ahead of this year's election.

10

Stormy Daniels stands her ground despite attacks from Trump lawyer at hush-money trial

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Donald Trump's defense attorney and Stormy Daniels went head to head on Thursday during cross-examination of the porn star's blistering testimony, the line of questioning occasionally meandering into the bizarre and even earning a critique…

Thursday, May 9

00

Apple apologizes for latest-edition iPad 'Crush' ad on X after backlash

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Apple apologized on Thursday after an ad for its latest-edition iPad caused an uproar for showing an industrial press crushing objects linked to human creativity, infuriating artists.

19

China’s clean car manufacturers find a European foothold in Hungary

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Years of under-investment in electric vehicle technologies and supply chains have left European carmakers struggling to keep up with their Chinese competitors. But even as the EU debates putting up trade barriers against electric vehicles…

05

Democrats vote to prevent ouster of Republican US House speaker by right-wing rebel

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Democrats voted to rescue the Republican leader of the US House of Representatives on Wednesday after a right-wing lawmaker moved to topple him, plunging the already-divided party into fresh conflict ahead of November's elections.

Tuesday, May 7

00

Florida judge indefinitely postpones Trump's classified documents trial

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Donald Trump's trial in Florida on charges of illegally keeping classified documents after leaving office has been indefinitely postponed, a judge decided on Tuesday, greatly reducing the odds he will face a jury in either of the two…

20

Stormy Daniels describes sexual encounter with Trump at hush-money trial

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Stormy Daniels took the witness stand Tuesday at Donald Trump's hush-money trial, describing for jurors a sexual encounter the porn actor says she had in 2006 that resulted in her being paid off to keep silent during the presidential…

02

Boeing faces new FAA probe over 787 Dreamliner inspections, falsified records

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US air safety authorities are investigating whether Boeing completed required plane inspections on the 787 and whether employees falsified aircraft records, officials said Monday.

Monday, May 6

13

Macron, von der Leyen press China’s Xi on Ukraine, trade at Paris summit

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French President Emmanuel Macron and EU Commission chief Ursula von der Leyen urged Chinese President Xi Jinping to ensure more balanced trade with Europe as the three met in Paris on Monday at the start of Xi's two-day visit.

06

Trump accuses Biden, without evidence, of weaponising justice system

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Former president Donald Trump has sharpened his allegation that his Democratic successor has weaponised the US justice system against him, comparing Joe Biden's tactics to those of Hitler's Gestapo, American media reported Sunday.

Sunday, May 5

10

Macron set to press China's Xi on trade, Ukraine during Paris visit

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Chinese President Xi Jinping on Sunday arrived in France on a state visit hosted by Emmanuel Macron where the French leader will seek to warn his counterpart against backing Russia in the conflict over Ukraine.

Thursday, May 2

03

Vice President Kamala Harris blames Trump for ongoing rollback of US abortion rights

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US Vice President Kamala Harris sought to make Donald Trump the face of Florida's strict new abortion ban Wednesday as Democrats hammer the issue ahead of November's presidential election.

Wednesday, May 1

US to reclassify marijuana as low-risk drug in historic shift

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US President Joe Biden's administration is set to reclassify marijuana as a less dangerous drug, an official said Tuesday -- a historic shift that would bring federal policy more in line with public opinion.

Tuesday, Apr 30

21

Argentina’s lower house approves Milei’s budget-slashing bill

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Argentine lawmakers gave approval in principle Tuesday for a swath of liberalizing reforms eyed by President Javier Milei in a rare legislative boost for his budget-slashing agenda.

18

Trump fined $9,000 for repeatedly violating gag order in hush money trial

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The New York judge presiding over Donald Trump's hush money trial fined the former president on Tuesday for defying a gag order and warned that further violations could result in jail time.

Monday, Apr 29

10

Tesla clears key Chinese regulatory hurdles during Musk visit

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Tesla received a key security clearance from China during Elon Musk's whistlestop visit to the world's biggest electric car market, which wrapped up on Monday.

Saturday, Apr 27

08

US to give Ukraine new Patriot missiles as part of $6 billion aid package

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Defense Secretary Lloyd Austin on Friday announced the United States will provide key air defense munitions and artillery rounds to Ukraine as part of a $6 billion military aid package that is its largest ever for Kyiv.

02

Ratings agencies keep assessment of France's debt unchanged

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Two major ratings agencies left their assessment of France's huge debt pile unchanged Friday, but cast doubt on the government's debt reduction target.

Friday, Apr 26

14

Russia arrests Forbes reporter over social media posts on Bucha massacre

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Russia has arrested a journalist from the Russian edition of Forbes magazine for social media reposts over accusations of Russian atrocities in the Ukrainian town of Bucha, his lawyer and Forbes said on Friday.

09

Xi tells Blinken that China and the US should be ‘partners, not rivals’

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Chinese President Xi Jinping on Friday told top US diplomat Antony Blinken that the world's two biggest economies should be "partners, not rivals", but that there were a "number of issues" to be resolved in their relations.

04

US Supreme Court signals delay in ruling on Trump's claim of absolute immunity

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The Supreme Court on Thursday appeared likely to reject former President Donald Trump’s claim of absolute immunity from prosecution over election interference, but several justices signaled reservations about the charges that could cause a…

Thursday, Apr 25

09

Venice launches pilot day-tripper entry fee to tackle mass tourism

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Under the gaze of the world’s media, the fragile lagoon city of Venice launches a pilot program Thursday to charge day-trippers a 5-euro (around $5.35) entry fee that authorities hope will discourage visitors from arriving on peak days and…

05

Blinken calls for US, China to manage differences 'responsibly' ahead of talks

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US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences "responsibly" as he went on a charm offensive ahead of expected tough talks.

Wednesday, Apr 24

00

Hundreds of flights cancelled despite French air traffic controllers calling off strike

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Hundreds of flights were cancelled at French airports Thursday despite the country's main air traffic controllers' union dropping a call for a one-day strike after making a deal for higher pay.

19

Biden signs Ukraine military aid bill into law, $1 billion arms shipment imminent

www.france24.com

US President Joe Biden on Wednesday signed legislation authorizing $61 billion in military aid for Ukraine, with the Pentagon quickly announcing a new $1 billion package headed for Kyiv, featuring desperately needed air defense and…

12

TikTok ban bill passes US Senate, what happens next?

www.france24.com

The U.S. Senate on Tuesday passed legislation giving TikTok's Chinese owner, ByteDance, about nine months to divest the U.S. assets of the short-video app, or face a nationwide ban. President Joe Biden said he will to sign the bill into…

08

Blinken eyes US-China ties on visit, but trade, Taiwan, Tiktok mark challenges

www.france24.com

U.S. Secretary of State Antony Blinken has begun a critical trip to China armed with a strengthened diplomatic hand following Senate approval of a foreign aid package that will provide billions of dollars in assistance to Ukraine, Israel…

04

US Senate passes $95 billion aid package for Ukraine, Israel and Taiwan

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The Senate has passed $95 billion in war aid to Ukraine, Israel and Taiwan, sending the legislation to President Joe Biden after months of delays and contentious debate over how involved the United States should be in foreign wars.

Tuesday, Apr 23

21

‘Ugly speech’ but not a surprise: Modi accused of anti-Muslim rhetoric on campaign trail

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Indian Prime Minister Narendra Modi’s campaign speech over the weekend calling the country’s Muslims “infiltrators” has sparked an outcry ahead of the second phase of the multiphase vote. But while Irfan Nooruddin from Georgetown…