PARIS—France will announce potential sanctions over energy prices and trade “by the end of the week” in its fishing dispute with the United Kingdom, the government spokesman said Wednesday. France vehemently protested the decision last month by the UK and the Channel Island of Jersey to refuse dozens of French fishing boats a license to…
Bank of France Head Does Not Expect Evergrande Contagion
October 19, 2021
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LONDON—Francois Villeroy de Galhau, head of the Bank of France and a member of the European Central Bank (ECB), on Tuesday played down concerns that problems for China Evergrande Group could lead to broader contagion. Asked if Evergrande could spark effects similar to the 2008 collapse of Lehman Brothers, Villeroy told France Info radio that…
Train Hits, Kills 3 People Thought to Be Sleeping Migrants
PARIS—A train hit and killed three people and seriously injured another person in southwestern France on Tuesday morning. A local mayor said the victims were thought to be migrants who were resting on the tracks. The train was on a line that links the seaside resort town of Hendaye, on France’s border with Spain, and…
Chinese Regime’s Widespread Influence Operations in Canada Documented in French Report
Chinese regime influence operations in Canada are broad and pervasive, according to a comprehensive report published by a French government-affiliated think tank. From stifling dissident voices to influencing politics, media, and education, from manipulating information to utilizing local organizations, the Chinese Communist Party (CCP) is using every non-kinetic means in its toolbox to sway Canada…
‘Australia Remains Our Friend’ but Morrison Govt Needs to Rebuild Trust: French Ambassador
The French ambassador to Australia, Jean-Pierre Thebault, has told Australian media that his mission in returning to the country is to determine whether France still trusts Australia after the sudden cancellation of a multibillion-dollar order for French submarines in favour of a new deal with the United States and the United Kingdom. Speaking to local radio on…
French Senators Arrive in Taiwan Amid Tensions With China
TAIPEI, Taiwan—A group of French senators arrived in Taiwan for a five-day visit on Wednesday following a large Chinese show of force with fighter jets near the self-ruled island, and Beijing warned the trip will hurt its ties with France. The group, led by senator Alain Richard, will meet with President Tsai Ing-wen, Taiwanese economic…
France’s Thales Partners With Google on Secure Cloud Services
PARIS—Defense company Thales and Google are partnering to offer state-vetted cloud computing services for the storage of some of France’s most sensitive data, the companies said on Wednesday. The alliance between Thales, Europe’s largest defense electronics supplier, and the Alphabet unit fulfils a May government plan under which France acknowledged U.S. technological superiority in the…
Blinken Meets Macron in Paris as US Tries to Ease Tensions Over AUKUS Pact
French President Emanuel Macron on Tuesday met with U.S. Secretary of State Anthony Blinken in Paris as he seeks to repair damages between the two G-7 nations after the Biden administration excluded France from a new Indo-Pacific security initiative. France was angered over the new deal after Australia abandoned a multi-billion dollar defense deal, which…
Telecoms Company Orange to Buy Groupama’s Stake in Its Online Banking Unit
PARIS—France’s biggest telecoms group Orange said it would buy insurer Groupama’s 21.7 percent stake in Orange Bank, its online banking unit, and also provide the bank with a 230 million euros ($266.4 million) capital increase. “To strengthen the development of Orange Bank, Orange is continuing to invest in its bank”, Orange said in a statement….
Sarkozy Convicted by French Court in Campaign Financing Case
PARIS—French ex-President Nicolas Sarkozy, who was convicted on Thursday and sentenced to a year of house arrest for illegal campaign financing of his unsuccessful 2012 reelection bid, will appeal the ruling, his lawyer said. The court said Sarkozy would be allowed to serve the one-year sentence at home by wearing an electronic monitoring bracelet. Sarkozy’s…
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