French economy faces turmoil after Prime Minister loses vote of no confidence

总理落败不信任投票 法国经济面临动荡

World Business Report

新闻

2024-12-05

26 分钟
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单集简介 ...

France is facing difficult economic challenges after the government collapses. Prime Minister Michel Barnier leadership was called into question after he used special powers to push through the budget without a vote. South Korea has started impeachment proceedings against its President after thwarting a shock move to impose martial law. Presenter Rahul Tandon examines what this might mean for the economy. We are also in Sweden to look at a social media trend that encourages women to quit their jobs and become stay-at-home wives and girlfriends
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单集文稿 ...

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  • Hello and welcome to World Business Report, here on the BBC World Service.

  • I'm Rahul Tandon.

  • Coming up on this program, we're going to talk about political instability.

  • There is quite a lot of that in the world at the moment and how does that affect economies?

  • Shortly we're going to look at what's happening in France and after that we will continue to focus on South Korea.

  • What just happened in South Korea created another layer of uncertainty, and this is clearly not something that companies are looking forward to.

  • You can get in touch with us on WhatsApp or send us a voice note.

  • 0044-33-0678333 if you are in South Korea, let us know what you have made of the dramatic last couple of days.

  • But let us start by talking about Europe's second largest economy, which is France, which is now facing further challenges.

  • That is the assembly, France's parliament, bringing down the government, with 331 out of 574 members of the lower house voting that they had no confidence in the government of Prime Minister Michel Barnier.

  • This was all linked to the country's budget and the attempt by the current government, or the former government now to address France's growing deficit.

  • More on that in a few minutes.

  • But during the debate, the French Budget Minister, Laurence St Martin, addressed those members who opposed those measures.