World News

China’s central bank increased its gold reserves by 23 tonnes in September, the largest monthly acquisition since October 2023, bringing total holdings to approximately 2,410 tonnes. This move aims to reduce reliance on US dollar assets amid rising geopolitical and financial risks, with private demand for gold also soaring as households seek secure savings options.

French lawmakers and senators prepared to hammer out a compromise over a beleaguered immigration bill on Monday as President Emmanual Macron’s government hoped to salvage what is seen as a flagship reform of his second term. French authorities have been seeking to push through legislation to harden France’s immigration law, but members of the right-wing and left-wing opposition last week joined forces to vote down the draft law without even debating the measures. A mixed parliamentary commission consisting of seven upper house senators and seven lower house lawmakers was expected to meet from 5:00 pm (1600 GMT) Monday in a bid to thrash out a compromise text. FRANCE 24’s Catherine Norris Trent reports.

From our sponsors
Advertisement
Advertisement