News 

The EU just agreed on 13 more weapons projects to develop more firepower independently of the US

“BRUSSELS (Reuters) – European Union governments gave the green light on Tuesday for 13 new defense projects in a step to develop more firepower independently of the United States” writes Robin Emmott for businessinsider.com. The projects took months to negotiate, but French President Emmanuel Macron underlined the desire for deeper EU defense collaboration last week when he said the US-led NATO defense alliance was dying.Under plans agreed by EU defense ministers in Brussels, work will begin on a new patrol vessel, an electronic jamming weapon for aircraft and technology to…

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News Stocks 

Iliad founder ready to pour 1.4 billion euros into the telecom firm

“PARIS (Reuters) – French billionaire Xavier Niel said on Tuesday he was ready to pour 1.4 billion euros into Iliad to show his commitment to the telecoms group he founded and majority owns, despite several tough quarters and a share price plunge” writes Midwest Communications Inc for 95kqds.com. The group, which competes against Orange , Altice Europe’s SFR and Bouygues Telecom in France, said in a separate statement that third-quarter revenue rose 8% to 1.34 billion euros.Iliad also indicated it would pay 2.6 euros per share in dividend.He said he…

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French fourth quarter GDP growth will slip to 0.2%, Bank of France estimates

“PARIS (Reuters) – The French economy should grow 0.2% in the fourth quarter, the Bank of France estimated on Tuesday, which would mark a slowdown from the third quarter as international trade disputes cloud the outlook for the global economy” writes Midwest Communications Inc for 95kqds.com. Third-quarter economic growth of 0.3% was good news for President Emmanuel Macron, although concern remains about the impact of international trade disputes on both the euro zone and global economy.Business leaders expect industrial production to slow in November, particularly among carmakers, who have been…

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GBP News 

The U.K. is growing like France. Why does it get a bad rap?

“The European Commission forecast released last week predicted the U.K. economy would grow 1.3% this year and 1.4% next” writes Senior Writer for marketwatch.com. A hung parliament would raise the prospect of new chaotic debates on a possible Brexit deal.Even before it has happened, Brexit has already had an impact on the U.K. economy, because of the prolonged uncertainty of the past three years.Opposition parties will insist that Brexit has taken its toll on the U.K. economy, which is still facing significant uncertainties in spite of a deal Prime Minister…

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Why the French economy is outperforming Germany – but can it last?

“The French economy has turned out to be one of the best-performing in Europe this year, to the surprise of economists, and possibly the French government itself” writes Senior Writer for marketwatch.com. The French economy will grow by 1.3% this year against 1.1% for the whole eurozone and 0.4% for Germany, according to European Union forecast published Thursday.And since investment is mostly funded by borrowing in France, French companies have taken full advantage of the loose-money policies of the European Central Bank, Moëc notes.France received more foreign investment projects than…

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GBP News 

U.S. pitted against Britain, France, South Africa, others at U.N. over abortion

“UNITED NATIONS (Reuters) – The United States told the U.N. Security Council on Tuesday that it opposed references to sexual and reproductive health and the safe termination of pregnancies, pitting Washington against Britain, France, South Africa and others” writes Midwest Communications Inc for 95kqds.com. Deputy French U.N. Ambassador Anne Gueguen said council acknowledgement of sexual and reproductive health and rights was essential to helping victims of sexual violence globally.”We cannot accept references to ‘sexual and reproductive health,’ nor any references to ‘safe termination of pregnancy’ or language that would promote…

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Police arrest 84-year-old man over gun and arson attack at French mosque

“An 84-year-old man who once stood as a far-right candidate in local elections has been arrested on suspicion of carrying out a shooting and arson attack that injured two people outside a mosque in south-west France” writes Angelique Chrisafis for theguardian.com. The French president Emmanuel Macron condemned the “hateful” attack, saying: “The republic will never tolerate hate”.Le Pen condemned what she called an “unspeakable attack” and said it was “absolutely contrary to the values of our movement”.France’s interior minister, Christophe Castaner, offered his “solidarity and support to the Muslim community”…

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France orders EDF to tackle nuclear project failings

“It’s a question of energy sovereignty,” Le Maire told a news conference, after unveiling a government-backed audit of setbacks at EDF’s Flamanville 3 nuclear project in France” writes Midwest Communications Inc for 95kqds.com. “The nuclear sector has to get back on track.Le Maire said skills shortages within France’s nuclear sector were so severe that most of the weldings in the Flamanville project had to be done by foreign sub-contractors.One of the report’s main findings pointed to a lack of industrial expertise in the sector, which Le Maire called “a failure.”.…

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