News about Bruno Le Maire

ANDREW NEIL: Those who think the answer to our social ills is MORE welfare spending should take a look across the Channel at the stagnant growth in spendthrift France

www.dailymail.co.uk, April 27, 2024
French air traffic control called a one-day nationwide strike for Thursday, designed to force the cancellation of at least 70 per cent of flights over France . Nothing unusual in that: such strikes are as common in France as bank holiday rain in Britain. In the event the strike was called off when France's equivalent of the Civil Aviation Authority made a last-minute increased pay offer - too late to avoid widespread disruption, with about 50 per cent of flights still grounded. The air traffic control unions showed their gratitude by calling another, longer strike over a holiday weekend in May over other proposed changes to their working conditions.

A look at how Magali Berdah was trolled relentlessly after rapper Booba waged war on 'thieving' social media stars, despite France's 28-strong online mob

www.dailymail.co.uk, March 21, 2024
Magali Berdah, France's "queen of influencers," spent this week to depose 28 internet trolls who threatened her in prison. The mother-of-three told the jury how she had suffered such violence, including anti-semitic and misogynistic abuse, that she had come 'within a whisker of throwing (herself) out the window.' She accuses chart-topping rapper Booba of promoting trolling, and though he was not jailed on Tuesday, she was charged with harrassing the TV star in a separate lawsuit in October. Both household names in France have been embroiled in a bitter feud since 2022, when Booba, better known as Élie Yaffa, launched a movement against 'influvoques', or "thieving influencers.'

Despite a rise in stock prices and a struggling competitor's value plummets, Airbus CEO Ben Bird says rival Boeing's string of safety issues are bad for 'the entire industry.'

www.dailymail.co.uk, March 19, 2024
Boeing CEO Guillaume Faury told the Europe 2024 conference in Berlin that the company's highly publicized safety woes are damaging the aerospace industry's reputation. It comes after a string of tragic incidents unfolded onboard Boeing jets in recent months - from a wheel falling from an Osaka-bound aircraft early March to a panel blowing off a plane shortly after it took off from San Francisco last week.

France has put a halt to public spending as it tries to regain control of its finances

www.dailymail.co.uk, March 6, 2024
In an interview with Le Monde newspaper, finance minister Bruno Le Maire (pictured) predicted that the deficit for 2023 would have been'significantly' above target and that further budget cuts were required.

Supermarkets are urged to put warning labels on items that have been subject to shrinkflation

www.dailymail.co.uk, September 13, 2023
Carfour, France's second largest supermarket, has begun to label the items concerned with labels: "This product has seen its weight decrease and the price charged by our supplier has increased." The move, which came after rival Intermarché's similar decision, is intended to prevent shoppers from being deceived by products that have shrunk in size without having to pay a corresponding reduction in price. At the same time, French government ministers have described it as a "swindle" and a plot to reform the legislation to pressure manufacturers to be transparent. The tactic has risen to epidemic proportions in supermarket aisles, ranging from Andrex toilet tissue to Lurpak butter, McVitie's Digestives, Penguin multipacks, Fairy Liquid, Pringles tubes, and even large chocolate bars cut in size.

Local people consoled a French mayor who was ram-aided by rioters on a walkabout

www.dailymail.co.uk, July 2, 2023
Local people consoled a French mayor who was rammed by rioters during a walkabout after a 'assassination attempt' on his family. In the early hours of Sunday morning, a blast took place at Vincent Jeanbrun's home in L'Hay-les-Roses, France. The riots were sparked by the death of 17-year-old grandson Nahel Merzouk, who was reportedly 'executed' by police during a traffic stop. Following widespread demonstrations in France that have raged for five days, 719 people have been arrested. Residents are seen congratulating the stricken mayor, with one man saying, 'We're with you, Mister Mayor.'

How much does food cost in UK stores compared to Germany, France, Spain, Italy and Netherlands?

www.dailymail.co.uk, June 9, 2023
According to a survey, shoppers in the United Kingdom are paying more for ketchup, toilet paper, mayonnaise, and butter than those in Germany, France, Italy, Spain, and the Netherlands. According to a supermarket price survey, cheese, pet food, sugar, and toothpaste are all more popular in the UK than in any other countries. According to customer analysts Circana's survey, the United Kingdom is the cheapest among the six countries for nappies and frozen pizza, as well as the joint cheapest for rice. When the total cost of 23 items was factored in, the UK was the fourth most expensive at £51.72, with Germany the most affordable at £547.25 and France the priciest at £67.57. Toilet paper in the United Kingdom was £3.80 in Britain, pricier than £2.66 in Italy, £3.30 in Spain, £3.33 in the Netherlands, and £3.45 in France – a stark comparison. In Britain, a bottle of ketchup was £1.91, compared to £1.37 in France, £1.55 in Spain, £1.60 in Spain, £1.80 in Italy, and £1.89 in Italy.

The Bank of England argues that the UK's financial markets will be impacted by the Credit Suisse fiasco

www.dailymail.co.uk, March 20, 2023
After Credit Suisse was miraculously saved yesterday, the Bank of England has rushed to put people at ease by claiming that Britain's banking system is'secure and'sound.' In a spectacular shotgun wedding of two of Switzerland's most respected financial companies, rival USB purchased Switzerland's second largest lender. The tie-up managed to prevent Credit Suisse's 'unthinkable' financial meltdown, which would have been the biggest financial crisis since the 2008 banking crisis. The Bank of England revealed it had been'engaging closely with international counterparts' before the takeover and promised that the UK's financial market would survive the storm. The UK banking system is well-funded and financed, and it is safe and sound,' it said.

After raising its bid to more than $2 billion, UBS has decided to buy Credit Suisse.'

www.dailymail.co.uk, March 19, 2023
After increasing its bid to more than $2 billion, UBS has decided to purchase Credit Suisse, the Financial Times announced on Sunday. According to the FT, UBS will pay more than 0.50 francs ($0.5401) per share in its own stock, considerably less than Credit Suisse's closing price of 1.86 francs on Friday. The Swiss National Bank has agreed to provide Credit Suisse with a $100 billion liquidity line as part of the offer, according to the FT, citing two people familiar with the situation.

UBS, a Swiss bank, is poised to face ailing Credit Suisse but not for the knockdown price.'

www.dailymail.co.uk, March 19, 2023
According to reports, UBS is able to take over its struggling rival Credit Suisse, but only for a knockdown price. It comes as urgent talks aimed at rescuing the troubled bank from a bloodbath as the markets reopen. Both the central bank and financial regulators have been involved in talks with the government throughout the weekend, with the central bank and financial regulators all interested. UBS had been able to purchase it for up to $1 billion, according to the Financial Times, which was the first to announce the possibility of Switzerland's largest bank absorbing Credit Suisse.