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French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1

French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1 “We remain vigilant, without giving in to being alarmist,” said French Finance Minister Roland Lescure on social media after the Gallic nation saw its economy unexpectedly shrink at the start of the year. French gross domestic product fell 0.1% in the three months through March, the first quarterly contraction since the COVID pandemic, raising concerns over its resilience to the fallout from the Iran war. Statistics office INSEE had initially reported zero growth for the quarter, but a sharper decline in consumer spending than expected...
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May 28, 2026 / Tyler Durden
DOJ Urges Supreme Court To Take Up Case That Could Lead To Pre-Election Voter Roll Cleanups
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Mar 23, 2026 / Tyler Durden
Oil Jumps After Explosion And Massive Fire At One Of The Largest US Oil Refineries
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Apr 1, 2026 / Tyler Durden
Israel Halts Arms Purchases From France In Rebuke For Iran War Stance
Israel Halts Arms Purchases From France In Rebuke For Iran War Stance Israel on Tuesday took the drastic step of announcing that it will halt the acquisition of defense-related goods and services from France, according to an Israeli Defense Ministry announcement. "The Director General of the Israel Ministry of Defense. Maj. Gen. (Res.) Amir Baram has decided to reduce all defense procurement from France to zero, replacing it with domestic Israeli procurement or purchases from allied countries," a Defense Ministry spokesperson confirmed. via Reuters The move is being done in direct rebuke to...
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