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Macron's new PM Bayrou faces budget battle with fractious French Parliament

The Straits Times

|

December 15, 2024

PARIS - New French Prime Minister Francois Bayrou said on Dec 13 he faced a "Himalaya" of a challenge to tackle France's deficit, with opponents' lukewarm reactions to his appointment underlining the difficulty of the job he faces.

President Emmanuel Macron earlier named Mr Bayrou as his fourth prime minister of 2024, tasking his centrist ally with steering France out of its second political crisis in six months. He replaces Mr Michel Barnier, who was ousted by lawmakers last week for trying to pass a cost-cutting 2025 budget.

Mr Bayrou, a three-time presidential candidate who has long warned of French fiscal profligacy, inherits the same rowdy Parliament that felled Mr Barnier. His proximity to the deeply unpopular Mr Macron may also hurt him.

In a speech alongside Mr Barnier on Dec 13, Mr Bayrou acknowledged the challenge.

"Nobody knows the difficulty of the situation better than I do... I am not unaware of the Himalaya that stands before us," he said. "I believe that this issue, the deficit and debt, is an issue that poses a moral problem, not just a financial one."

Efforts to rein in the deficit, expected to close the year at over 6 per cent of gross domestic product, lie at the heart of the country's political malaise.

FLERE HISTORIER FRA The Straits Times

The Straits Times

More support for Al start-ups to scale faster under new partnership

It is part of plan to forge tie-ups that take ideas from S'pore to the world: DPM Gan

time to read

4 mins

October 30, 2025

The Straits Times

Cruise centre Higher capacity after facelift

Marina Bay Cruise Centre Singapore has just undergone a $40 million facelift, boosting the facility’s capacity from 6,800 to 11,700 passengers.

time to read

1 min

October 30, 2025

The Straits Times

What needs to be done before Singapore can make a decision on nuclear energy

Closely assessing nuclear technology, developing sound policies and raising the level of public understanding are key things that Singapore has to get right before it can make a decision on going nuclear, said the director of a new nuclear energy office in the Republic on Oct 29.

time to read

4 mins

October 30, 2025

The Straits Times

The Straits Times

UPS cuts 48,000 jobs on fewer Amazon deliveries

NEW YORK - United Parcel Service (UPS) is cutting some 48,000 jobs as part of a major reorganisation connected to a planned reduction in delivery services for Amazon packages, company officials said on Oct 28.

time to read

1 min

October 30, 2025

The Straits Times

The Straits Times

Child protection • Consider renaming agency to reinforce its enforcement role

A nation searches its soul over the brutal abuse and killing of four-year-old Megan Khung.

time to read

1 min

October 30, 2025

The Straits Times

S'pore investing in field of embodied Al

Of the two cohorts supported so far, six startups are based in Singapore, reflecting how local innovators are helping to shape the region's low-carbon transition, said DPM Gan.

time to read

2 mins

October 30, 2025

The Straits Times

KL's ban on raw rare earths exports remains despite US deal: Minister

KUALA LUMPUR - Malaysia will maintain a ban on the export of raw rare earths to protect its domestic resources, despite signing a critical minerals deal with the US this week, the investment, trade and industry minister said on Oct 29.

time to read

1 min

October 30, 2025

The Straits Times

At least 132 killed in Brazil police raids in Rio ahead of COP30

Eighty-one arrested in operation described by state govt as largest to target major gang

time to read

2 mins

October 30, 2025

The Straits Times

Enlivening S’pore’s north, helping shops digitalise among ideas being studied by RTS Link task force

Rejuvenating neighbourhoods in Singapore’s north and supporting businesses through promotions and digitalisation are some plans being explored by a task force helping Singaporeans and local businesses seize opportunities from the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link.

time to read

3 mins

October 30, 2025

The Straits Times

Nasa tests ‘quiet’ supersonic jet in quest for faster passenger air travel

- Nasa’s X-59 Quesst supersonic-but-quiet jet soared over the Southern California desert on Oct 28 in the first test flight of an experimental aircraft designed to break the sound barrier with little noise, paving the way for faster commercial air travel.

time to read

2 mins

October 30, 2025

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