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France on the Brink: Budget Battle Threatens Government

French sovereign bonds and stocks fell on Wednesday as concerns intensified among investors that a dispute over a belt-tightening draft budget could bring down Prime Minister Michel Barnier’s government.

The sell-off pushed the gap between 10-year French borrowing costs and those of Germany to as high as 0.9 percentage points, a level not reached since the Eurozone crisis in 2012. It later fell back to 0.86 points.

The benchmark Cac 40 stock index was down 0.7 per cent, the worst performer among major European markets, having earlier dropped more than 1 per cent.

Jefferies’ chief…  Læs mere

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Israel nøjes med våbenhvile i Libanon

Many factors fed into Benjamin Netanyahu’s eventual decision to take up a US-brokered ceasefire and stop Israel’s offensive in Lebanon. His war aims against Hizbollah were also always more modest than the “total victory” he has sought against Hamas in Gaza.

But in confronting the many domestic critics of the deal — including far-right government ministers, northern Israeli mayors and opposition figures — Netanyahu calculated that his goals had been largely met, while the risks of pushing on were mounting.

“Hizbollah is not Hamas. We cannot totally destr…  Læs mere

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Brugte Rusland et kinesisk skib til at sabotere Europas dataforbindelser?

Many factors fed into Benjamin Netanyahu’s eventual decision to take up a US-brokered ceasefire and stop Israel’s offensive in Lebanon. His war aims against Hizbollah were also always more modest than the “total victory” he has sought against Hamas in Gaza.But in confronting the many domestic critics of the deal — including far-right government ministers, northern Israeli mayors and opposition figures — Netanyahu calculated that his goals had been largely met, while the risks of pushing on were mounting.“Hizbollah is not Hamas. We cannot totally destr…  Læs mere