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There were significant holdovers from the previous cabinet, but President Emmanuel Macron also named several newcomers, including Bruno Le Maire, a veteran centrist politician, as defense minister.
Prime Minister Sébastien Lecornu ruled out using a constitutional tool that would avoid a full parliamentary vote, hoping for compromise among divided lawmakers.
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Barely a week into the job, Prime Minister Sébastien Lecornu faces rising social unrest on top of political deadlock and financial turmoil.
President Emmanuel Macron’s appointment of Sébastien Lecornu, the departing defense minister, after the government collapsed reflects the pressure Mr. Macron faces to get a budget passed.
President Emmanuel Macron is expected to appoint a new prime minister, rejecting calls for elections or his resignation.
Prime Minister François Bayrou called a parliamentary session to address the “gravity” of the situation. An analyst said his move was “political suicide,” as some opponents vowed to bring down the government.
Rachel Reeves, Britain’s chancellor, appeared visibly upset in Parliament as the prime minister was asked about her position. The British pound and government bonds dropped in value.
Rachel Reeves, Britain’s most senior finance official, appeared visibly upset in the House of Commons on Wednesday, as Prime Minister Keir Starmer was asked about her position.
The spending proposal terminates support of health programs that, according to the proposal, “do not make Americans safer.”