Macron Appoints Armand as France’s New Finance Minister

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Bloomberg,Antoine Armand,Business France

(Bloomberg) -- French President Emmanuel Macron appointed Antoine Armand as finance minister, thrusting a 33-year-old with limited political experience into ...

-- French President Emmanuel Macron appointed Antoine Armand as finance minister, thrusting a 33-year-old with limited political experience into an urgent budget battle in which he must bring fiscal discipline while maintaining tacit support from the far right to avoid government collapse.

Getting the balance right in his cabinet is crucial for the survival of the administration, which could easily be toppled by a no-confidence vote in the lower house. Parliamentary math means Le Pen, whose National Rally won the most seats of any party, can influence whether such a motion brought by left-wing parties succeeds.

Armand supported Macron’s 2017 election campaign and went on to run a local branch of the president’s party in the Haute-Savoie region bordering Switzerland, before winning a seat in the 2022 legislative elections. On his website, Armand says he rejects politics that is focused on party labels rather than getting results.Why Get An MBA? Recent B-School Grads Weigh InWILMINGTON, Del. — President Joe Biden is showcasing the Indo-Pacific partnership he has nurtured since taking office as he hosts the leaders of Australia, Japan and India in his hometown Saturday with an eye on his legacy as well.

A second senior Hezbollah commander was killed in an Israeli air strike on the southern suburbs of Beirut, the terror group announced on Saturday.It seems that Elon Musk-owned social network X is backing down from a confrontation with Brazil’s Supreme Court. In a filing of its own, the Supreme Court reportedly responded by telling X it had not provided the proper paperwork and giving it five days to do so.

 

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