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France Plans €10 Billion Push To Cut Reliance On Gas and Oil

France Plans €10 Billion Push To Cut Reliance On Gas and Oil France is shifting its response to rising fuel costs away from short-term relief and toward long-term electrification, according to Prime Minister Sébastien Lecornu. Instead of expanding fuel subsidies after oil prices spiked due to the Iran conflict, the government plans to redirect funding into helping households and businesses transition to electric energy, according to Bloomberg. Under the plan, annual support for electrification will nearly double to €10 billion by 2030, up from €5.5 billion today. The increase will come...
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Oct 16, 2026 / Tyler Durden
Starlink Antennas Set Ablaze By Masked Intruders Near Bulgarian Capital
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Jul 13, 2026 / Tyler Durden
The Big Lie: France Urged To Embrace Robotics Over Immigration
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Jul 2, 2026 / Tyler Durden
Sin(a)tra
Sin(a)tra By Michael Every of Rabobank Sin(a)tra Let’s be Frank: the central banker pow-wow at Sintra had a touch of Sinatra. Fed Chair Warsh belted out “I’ll do it MYYYYYY way,” and everyone else chimed in that they’d had a few regrets about how they’ve run monetary policy and were coincidentally now mentioning them. Markets swooned when Warsh stated the case for Fed independence and that anyone expecting tolerance for inflation above 2% “would be disappointed.” Yet he also sang with an AI autotune. While the current “AI shock” is driving a boom in...
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