IMF chief Christine Lagarde goes on trial in France on Monday over a massive state payout to a flamboyant tycoon when she was finance minister in a case that risks tarnishing her stellar career.
Lagarde denies the charges of negligence, arguing she was acting “in the state’s interest” in making the payment to Bernard Tapie, the former owner of sportswear giant Adidas and Olympique Marseille football club.
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Former French President Nicholas Sarkozy suggested Europe impose a carbon tax on all U.S. products if President-elect Donald Trump pulled the country out of the Paris climate change agreement.
Over 100 countries have ratified the 2015 Paris deal to curb carbon emissions in an effort to tackle climate change. Trump, a climate change denier, promised to withdraw from the agreement during his campaign.
Read the Full Article: Source – Yahoo News
Time For Truth: (Yahoo News) – France’s Sarkozy Urges Tax On US Goods If Trump Exits Paris Deal
The European Union is in danger of breaking apart unless France and Germany, in particular, work harder to stimulate growth and employment and heed citizens’ concerns, French Prime Minister Manuel Valls said in the German capital on Thursday.
Read the Full Article: Source – Reuters
Time For Truth: (Reuters) – Europe at risk of collapse; France, Germany must lead - French PM
The French government is “definitely” going to close the UK border post in Calais after Brexit, a close ally of presidential election frontrunner Alain Juppe has told the BBC.
Arnaud Danjean said France no longer wanted the “negative burden” of migrants aiming to cross the Channel being detained on its soil.
Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – France 'will definitely close UK border at Calais'
Three French defence officials and two other people died when a surveillance plane crashed shortly after take-off at Malta International Airport.
The light aircraft was setting off on a mission over the Mediterranean around 07:20 (05:20 GMT) when it nose-dived and disintegrated in a ball of flames.
Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – French citizens killed in surveillance plane crash on Malta