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Christine Lagarde’s comments come in the midst of persistent turmoil across Europe’s banking sector.
Protests erupted across France on Monday night, hours after the government adopted deeply unpopular pension reforms after surviving two no-confidence votes. Opposition lawmakers have vowed to continue their fight against the new law. Read our live blog to see how all the day’s events unfolded. All times are Paris time [GMT+1].
A major new United Nations report being released Monday is expected to provide a sobering reminder that time is running out if humanity wants to avoid passing a dangerous global warming threshold.
President Xi Jinping landed in Moscow on Monday for a meeting with Russian President Vladimir Putin that the Chinese leader has dubbed a “journey of peace”. The visit may provide a political boost for Putin after the International Criminal Court charged him with war crimes in Ukraine. Read FRANCE 24’s liveblog to follow the day’s developments. All times are Paris time [GMT + 1].
UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking.
French President Emanuel Macron faces a critical test on Monday when the National Assembly is due to examine no-confidence motions filed after his government bypassed parliament on Thursday to push through a deeply unpopular pension reform, sparking days of unrest.
The average prevalence of mental disorders for adolescents in Europe was 16.3% in 2019.
North Korea fired a short-range ballistic missile on Sunday, Seoul’s military said, the fourth show of force in a week as South Korea and the United States stage major military drills.
President Vladimir Putin made a surprise trip to Mariupol, the Kremlin has said, in what marks his first trip to the Russian-occupied territories of eastern Ukraine’s Donbas region since the start of the war. The visit came after Putin travelled to Crimea on Saturday in an unannounced visit to mark the ninth anniversary of Russia’s annexation of the peninsula from Ukraine. Follow our live blog for the latest developments in the war in Ukraine. All times are Paris time (GMT+1).
Several consequences could follow the French government’s use of Article 49.3 of the constitution to pass President Emmanuel Macron’s pension reform without a vote in the National Assembly on Thursday. They include no-confidence motion against the government, the dissolution of the Assembly, and ongoing street protests. FRANCE 24 breaks down the options for the opposition and the president.
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