Look at the way the French work, and you’ll start to see why “Macronomics” fell short. When Emmanuel Macron took office in 2017, he promised a French economic renaissance. His supply-side strategy aimed to slash taxes and curb public spending to spur investment and drive down unemployment. Eight years on, however, public debt has skyrocketed while GDP growth remains sluggish. So, what happened? And is France destined to economic decline?
Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Crude oil prices surged on Sunday, as the U.S. Navy prepares to impose a blockade on Iran’s ports […]
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The national flag of the Federal Republic of Nigeria. Sopa Images | Lightrocket | Getty Images At least 200 people are feared dead after Nigerian military jets struck a village market while pursuing Islamist militants in the northeast of the country on Saturday night, a councilor for the area and residents said on Sunday. Nigeria’s […]
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Scene from The Super Mario Galaxy Movie. Source: Universal Pictures “The Super Mario Galaxy Movie” enjoyed otherworldly success at the box office in its second weekend in theaters. The Universal and Illumination sequel added $69 million from 4,284 theaters in the U.S. and Canada, according to studio estimates Sunday. That brings its running domestic total […]
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