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France
01/12/2024
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By Belle Carter
French retail giant boycotts PepsiCo snacks and drinks in Europe “due to unacceptable price increases”
France’s largest supermarket chain Carrefour started boycotting food and drinks of PepsiCo on Jan. 4 in France, Belgium, Spain and Italy in a move to encourage the American multinational food, snack and beverage corporation to bring down its prices. The retail giant has removed PepsiCo items from supermarkets in France and placed banners in aisles […]
01/09/2024
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By Richard Brown
Over 55,000 companies shut down in France as country’s economy implodes
France witnessed a record-breaking year for business closures in 2023, with over 55,000 companies shutting down, according to data compiled by the Bank of France as of December. The statistics, released by the regulator on Saturday, reveal that an average of 55,492 companies faced bankruptcy or liquidation over the past 12 months. While the surge […]
07/06/2023
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By Cassie B.
Desperate French government trying to convince tourists that it is safe to visit the country despite ongoing rioting
Ongoing rioting across France has resulted in at least $1.1 billion in damage, according to newly released figures, and many are concerned the violence will hurt the country’s tourism industry. Geoffroy Roux de Bezieux, the head of the French business group MEDEF, said that hundreds of members have reported being attacked during the rioting, with […]
06/20/2023
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By Arsenio Toledo
Macron asks for invite to August BRICS summit in South Africa – but adding France could create FRICTION within the group
French President Emmanuel Macron is asking for an invitation to BRICS’s upcoming summit in South Africa, causing speculation about whether or not France wants to join the economic bloc. While some member nations are happy with this development, one member is clearly not. The BRICS economic bloc of Brazil, Russia, India, China and South Africa […]
04/17/2023
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By Arsenio Toledo
French constitutional court approves most of Macron’s controversial pension reform bill, including the unpopular retirement age increase
France’s top constitutional court has approved most of the provisions within President Emmanuel Macron’s flagship pension reform bill despite months of protests and widespread dissatisfaction, especially with the proposal to raise the retirement age. The country’s Constitutional Council approved most of Macron’s pension reform provisions, including its core elements such as the increase in the minimum […]
04/10/2023
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By Arsenio Toledo
Over 500,000 march all over France as protests against Macron’s plan to raise retirement age continue
Over half a million people took to the streets all over France on Thursday, April 6, to protest President Emmanuel Macron’s plan to raise the age of retirement from 62 to 64. Macron’s drive to reform France’s pensions system has ignited the months-long protests. Facing a potential lack of votes to push the reforms through the National Assembly, […]
03/27/2023
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By Ethan Huff
Huge strikes planned across Germany while France unravels: The European spring has come
Public transportation in Germany is about to come to a grinding halt as the nation’s Verdi union, as well as the railway and transport union EVG, ready to unleash “paralyzing strikes,” to quote one news source, on the country’s airports and railways. What began as a “winter of discontent” is now morphing into a “spring […]
03/21/2023
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By Belle Carter
Macron raises retirement age from 62 to 64, sparking riots across France
French President Emmanuel Macron raised the retirement age in France from 62 to 64. This did not sit well with many citizens, who promptly took to the streets to decry the move. The president’s March 16 edict came to fruition through a special constitutional edict. He ordered French Prime Minister Elisabeth Borne to invoke Article […]
11/04/2022
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By Ethan Huff
Glass maker Duralex HALTS operations in France due to skyrocketing energy costs
Another major European manufacturer, glass maker Duralex of France, is having to shut down operations due to skyrocketing energy prices. Duralex operates one glass furnace in La Chapelle-Mesmin, in the Loiret, that is no longer operating as of November 1. It will remain on standby for at least five months, we are told, with no […]
05/27/2022
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By Arsenio Toledo
French municipalities handing out food vouchers to deal with food inflation
Municipalities all over France have begun providing their residents with food vouchers to help families deal with spiraling food inflation. The vouchers are being distributed by many city governments. They can be cashed in at supermarkets and come in denominations of five, 20 and 30 euros. (Related: Nearly two-thirds of Americans are now living paycheck to […]
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