French Senate votes to increase retirement age to 64

French Senate votes to increase retirement age to 64


Protesters keep a banner for the duration of a demonstration versus French government’s pension reform plan in Paris as aspect of a working day of countrywide strike and protests in France, January 31, 2023. 

Gonzalo Fuentes | Reuters

French senators early on Thursday voted in favour of boosting the lawful retirement age to 64 from 62, a 1st acquire for President Emmanuel Macron’s pension reform designs which have sparked protests and strikes across the region.   

Two hundred and a person users of the Senate, dominated by the conservative Les Republicains social gathering, voted in favour of the reform’s flagship short article 7 on the retirement age, even though 115 voted towards it.

The French higher property is predicted to approve the remaining posts of the reform invoice later this 7 days. It will then be submitted to a mediation committee between lawmakers from the Senate and the National Assembly, the reduce dwelling of parliament, up coming week.

The latter experienced not been able to explore the short article 7 of the regulation in the course of a 15-day prolonged tense discussion marred by insults and jeers.

The federal government is hoping the pension variations will be adopted by parliament by the close of the month.

But Macron lacks an outright vast majority in the Countrywide Assembly and will require to win around a number of dozen conservative lawmakers or use his constitutional powers to bypass parliament.



Source

Xiaomi’s electric SUV tops China sales in January, sells twice as many as Tesla’s Model Y
World

Xiaomi’s electric SUV tops China sales in January, sells twice as many as Tesla’s Model Y

Chinese smartphone company Xiaomi launched its YU7 electric SUV in summer 2025, taking direct aim at Tesla’s Model Y. Sopa Images | Lightrocket | Getty Images BEIJING — Xiaomi‘s electric car venture has succeeded in dethroning Tesla in China, at least in January. The Xiaomi YU7 SUV ranked first in China by sales last month, […]

Read More
Epstein files: Goldman Sachs top lawyer Kathy Ruemmler to step down after email fallout
World

Epstein files: Goldman Sachs top lawyer Kathy Ruemmler to step down after email fallout

Top Goldman Sachs lawyer Kathy Ruemmler said Thursday night that she will leave the investment bank at the end of June, a move that comes after the recent release of additional documents detailing her often chummy conversations with notorious sex predator Jeffrey Epstein. Goldman had defended Ruemmler for several months after the Department of Justice […]

Read More
Asia stock markets track losses on Wall Street as AI fears hit sentiment
World

Asia stock markets track losses on Wall Street as AI fears hit sentiment

An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets opened mostly lower Friday after fears about artificial intelligence disruption in the U.S. sent the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by the […]

Read More