Nicolas Sarkozy News

French Retirement Protests Take Violent Turn

Masked youths clad in black have torched cars, smashed storefronts and thrown up roadblocks, clashing with riot police across France as protests over raising the retirement age to 62 took a radical turn. Hundreds of flights were canceled Tuesday as …

France to Seek G20 Overhaul of Global Monetary System

France will start talks on overhauling the global monetary system during its G20 presidency to improve policy coordination and stem capital flows distorting exchange rates, Economy Minister Christine Lagarde said Thursday. France will take over the chair of the Group …

EU Leaders Agree on Trade, But Clash over Roma Expulsions

The European Union agreed on Thursday to sign a free-trade pact with South Korea and grant Pakistan trade concessions after floods, but a row over France’s deportation of Roma migrants marred a one-day summit. The agreement on trade issues was …

EU Leaders Meet to Work on Ways to Prevent New Debt Crises

European Union leaders hope to agree on ways to strengthen budget discipline and economic policy coordination on Thursday to show financial markets they can prevent a repeat of the euro zone debt crisis. Leaders of the 27 member states and …

Flash Floods Take 20 Lives in Southern France

A series of heavy rainstorms has caused rivers and creeks in southern France to rise to unprecedented levels. Flash floods have swept away cars and houses, and directly caused the deaths of at least 20 people, with the toll expected …

‘Shock and Awe’ Halts Euro Market Slide – for Now

A $1 trillion global emergency rescue package to stabilize the euro reversed the slide in world financial markets on Monday but left longer-term questions about whether Europe’s weakest economies can manage their debt. The plan, hammered out by European Union …

50 Deaths Reported as Powerful Storm Strikes Europe’s Atlantic Coast

A powerful Atlantic storm, named Xynthia, struck along the western coast of Europe Saturday night and most of Sunday, leaving at least 50 people dead in its wake. The storm packed sustained winds over 140 kmh (87.5 mph) as well …

Obama Job Drive Earns Business Plaudits at Davos

Wall Street executives welcomed U.S. President Barack Obama’s plan to create jobs and a softening of his attack on banks, but questioned on Thursday whether proposals in his State of the Union address would become law. Obama pushed job creation …

Davos Report: Business Leaders Warn Regulations May Crimp Recovery

Global business leaders warned Western governments on Wednesday that a populist crackdown on the financial industry could crimp a fragile recovery from the worst recession since the 1930s. The worried response to U.S. President Barack Obama’s plans to tax and …

UN Climate Talks Resume; US Backs $100 Billion Aid Fund

Danish hosts revived climate talks on Thursday and Washington backed a $100 billion fund to aid poor countries, as world leaders gathered on the eve of a U.N. deadline to reach a deal to slow global warming. Environment ministers planned …