France Financial News

France Financial News

Arts24 in Cannes: As the Olympic flame arrives on the red carpet, meet Paralympic champion Bebe Vio

The star of the Cannes Film Festival today is the Paris Olympics. Sports personalities and athletes are here for the premiere of Mickaël Gamrasni’s documentary “Olympiques! La France des Jeux”, in which three generations of French athletes explain why the country has such a special relationship with the Games. And on the red carpet for the event this evening will be a prestigious guest – the Olympic flame.

Macron to travel to riot-hit New Caledonia

French President Emmanuel Macron is traveling to New Caledonia, signaling French authorities’ growing confidence that reinforced security and emergency measures are bringing unrest on the French Pacific territory under control. 

Assisted dying in France: The ultimate freedom?

French lawmakers are set to debate a new text on assisted dying in France, a parliamentary marathon that could last until the summer of 2025. France currently allows deep sedation but medically-assisted suicide remains illegal. It is a topic that is deeply divisive in France; to find out why, we went to meet patients and caregivers who campaign for medical aid in dying and those who are opposed to it.

Blood moon whips up patriarchal hysteria in coming-of-age Cannes movie

“Mi Bestia”, which screened at the Cannes Film Festival’s parallel segment ACID, follows a 13-year-old Bogota girl grappling with adolescence amid an impending lunar eclipse said to bring the devil to earth. FRANCE 24 spoke to director Beltrán, whose debut feature offers a visually bold study of patriarchal oppression in her native Colombia.

At Cannes Film Festival, too, Ukraine battles on

More than two years into Russia’s invasion, Ukraine’s strong presence at the Cannes Film Festival bears witness to its stubborn defence and the resilience of its film industry. The war’s pervasive impact on civilian life is the subject of “The Invasion”, whose director Sergei Loznitsa spoke to FRANCE 24 in Cannes.

Cannes hosts red carpet rally, Coppola’s comeback and a meeting with Pol Pot

Hollywood legend Francis Ford Coppola brought his decades-in-the-making “Megalopolis” to the Cannes Film Festival and Cambodia’s Rithy Panh delivered another sobering chronicle of the Khmer Rouge genocide on a day that saw dozens of women join France’s #MeToo icon Judith Godrèche on the red carpet to denounce sexual violence and impunity.

Colonial past haunts latest New Caledonia crisis

Protests against a French government plan to impose new voting rules on New Caledonia have spiralled into the deadliest violence on the French Pacific territory since the 1980s. The unrest has exposed divisions between indigenous inhabitants, descendants of colonisers and newcomers to the overseas archipelago.

Hundreds arrested in New Caledonia amid state of emergency

Armed forces were protecting New Caledonia’s two airports and port after a third night of violent riots that have killed four people, the Pacific Island’s top French official said on Thursday morning, adding at least four alleged instigators were under house arrest. 

Cannes spotlights Judith Godrèche, icon of France’s #MeToo moment

The Cannes Film Festival kept up its female focus on Wednesday with the pounding, action-packed “Mad Max” prequel “Furiosa” and the soft-spoken uprising of French actress Judith Godrèche, who has spearheaded the host country’s long-awaited #MeToo reckoning.

What we know about France’s ‘The Fly’ and his deadly prison van escape

A massive manhunt was underway in France on Wednesday and an Interpol red notice was issued a day after a group of gunmen ambushed a prison van at a motorway toll and freed a notorious gangster known as “The Fly”. Two prison officers were killed in the spectacular escape and three more were wounded. This is what we know so far:

French gendarme wounded in New Caledonia riots dies, toll rises to four

A French gendarme who was seriously injured during riots in New Caledonia died of his wounds on Wednesday, said Interior Minister Gérald Darmanin, raising the death toll to four. President Emmanuel Macron’s office said a state of emergency would be declared in the French Pacific territory after violent protests erupted over the passage of a constitutional reform that angered pro-independence forces. 

Unrest turns deadly in New Caledonia after passage of voting reform

Three people have been killed in New Caledonia as violent protests and looting rock the French Pacific territory after Paris adopted a constitutional reform on voting that angered pro-independence forces. The three deceased were young indigenous Kanak, a spokesman for New Caledonia’s president Louis Mapou told Reuters, adding that the information was provided by police.

Amazon, Pfizer, AstroZeneca to pledge billions at ‘Choose France’ summit

US retail giant Amazon is expected to announce a €1.2-billion ($1.3-billion) investment in France, the French government said Sunday, while pharmaceutical giants Pfizer and AstroZeneca have pledged nearly €1 billion ahead of the annual Choose France summit on foreign investment starting Monday. 

European elections: One month ahead, the French badly need to start doing their homework

The French public lacks crucial information about the upcoming European elections and the role of the European Parliament while holding broadly pessimistic attitudes about the European Union, according to an exclusive survey carried out by French pollster Viavoice for French media including FRANCE 24’s parent group France Médias Monde, France Télévisions and Radio France.

Gaza protests: French students demand an end to ties with Israeli universities

Student protests against Israel have entered their second week in France. A town hall event Thursday at the prestigious Sciences Po university in Paris ended with the administration refusing to create a working group to investigate ties with Israeli universities, which students across France want to see cut over the war in Gaza. It is just one demand of many that are motivating students across France and beyond to keep protesting.

Macron reaffirms possibility of sending troops to Ukraine

French President Emmanuel Macron reaffirmed he did not rule out sending troops to Ukraine, saying the issue would “legitimately” arise if Russia broke through Ukrainian front lines and Kyiv made such a request, in an interview with the Economist published Thursday.

The ‘massive phenomenon’ of work-related deaths in France

As May Day celebrations fill the streets with festive marches and labour union protests across French cities today, a darker truth boils below the surface. In a country often applauded for its strong labour protections, two workers die each day due to job-related accidents, according to the latest national health insurance figures. Many worried observers say the numbers don’t even come close to capturing the full extent of these fatal mishaps.    

The Surrealist Manifesto: Marking a century of avant-garde art

In 1924, French poet André Breton wrote a short text with fellow poet and compatriot Louis Aragon that was to send ripples through the world of art and literature, providing a blueprint for the avant-garde movements of the 20th century. One century later, we take a look at how the Surrealist Manifesto prompted an intellectual and artistic revolution in 1920s Paris; a statement of intent that was to have repercussions far beyond the French capital in the years that followed.

Tests expose worrying flaws in France’s anti-drone system for 2024 Olympics

With less than 100 days to go before Paris hosts the 2024 Olympics, which organisers plan to open with an elaborate waterborne ceremony on the Seine river, concerns are mounting about the efficiency of the anti-drone shield meant to protect the French capital from a potential terror attack. According to several security sources, recent tests have exposed some worrying flaws in the system.

WWII: In the footsteps of the African Resistance fighters who fell in the Battle of Vercors

Thousands of German soldiers moved in on southeastern France’s Vercors Plateau in July 1944 in a bid to crush a regional uprising led by a rural French Resistance group. Over 100 Resistance fighters died in the bloody battles on the mountainside. Many of them were of African origin but who they were and why they decided to join the French Resistance has only recently begun to come to light.

Notre-Dame, five years after the flames: A symbol of resilience

Exactly five years ago, the world watched in horror as Paris’s Notre-Dame Cathedral was ravaged by flames. Today, carpenters and artisans are hammering away to meet a December 8 deadline for the Gothic landmark’s grand reopening. Spectators attending the Paris Olympics this summer will already be able to admire the renovated structure from the outside. Meanwhile, life has resumed on the Île de la Cité, the island that’s home to Notre-Dame in the historical heart of the French capital. The square in front of the cathedral and its surroundings are even set for a makeover. FRANCE 24’s team went to meet local residents.

Notre-Dame carpenter Valentin Pontarollo on his joy at completion of cathedral’s roof

Exactly five years after the fire that destroyed the roof and badly damaged the rest of Paris’s Notre-Dame Cathedral, one of those who worked on the project has spoken of the camaraderie of the team reconstructing the edifice and the skill of their achievement. Valentin Pontarollo is a carpenter who finished working on the roof just a few weeks ago. The carpentry of the structure is now complete. In Perspective, he told us of his joy at what the team has achieved, five years after tons of 13th-century oak either caught fire or was sent crashing down into the nave below. 

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1) Individual with Net Worth in excess of $1.0 million. A natural person (not an entity) whose net worth, or joint net worth with his or her spouse, at the time of purchase exceeds $1,000,000 USD. (In calculating net worth, you may include your equity in personal property and real estate, including your principal residence, cash, short-term investments, stock and securities. Your inclusion of equity in personal property and real estate should be based on the fair market value of such property less debt secured by such property.)

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3) Individual with $300,000 Joint Annual Income. A natural person (not an entity) who had joint income with his or her spouse in excess of $300,000 in each of the preceding two calendar years, and has a reasonable expectation of reaching the same income level in the current year.

4) Corporations or Partnerships. A corporation, partnership, or similar entity that has in excess of $5 million of assets and was not formed for the specific purpose of acquiring an interest in the Corporation or Partnership.

5) Revocable Trust. A trust that is revocable by its grantors and each of whose grantors is an Accredited Investor as defined in one or more of the other categories/paragraphs numbered herein.

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7) IRA or Similar Benefit Plan. An IRA, Keogh or similar benefit plan that covers only a single natural person who is an Accredited Investor, as defined in one or more of the other categories/paragraphs numbered herein.

8) Participant-Directed Employee Benefit Plan Account. A participant-directed employee benefit plan investing at the direction of, and for the account of, a participant who is an Accredited Investor, as that term is defined in one or more of the other categories/paragraphs numbered herein.

9) Other ERISA Plan. An employee benefit plan within the meaning of Title I of the ERISA Act other than a participant-directed plan with total assets in excess of $5 million or for which investment decisions (including the decision to purchase an interest) are made by a bank, registered investment adviser, savings and loan association, or insurance company.

10) Government Benefit Plan. A plan established and maintained by a state, municipality, or any agency of a state or municipality, for the benefit of its employees, with total assets in excess of $5 million.

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