Wednesday, December 4, 2024

Govt. Falls in France

Reuters reports the coalition heading up the French legislature has lost a vote of confidence. Prime Minister Michel Barnier will deliver his resignation to French President Emmanuel Macron.

The left and far right punished Barnier for opting to use special constitutional powers to ram part of an unpopular budget, which sought 60 billion euros in savings in an effort to shrink the deficit, through parliament without a final vote.

Apparently the last time this happened in France was in 1962, meaning most people now alive don't remember it happening previously. Much of the blame is apparently being heaped on Macron, whose own future in government isn't secure. 

Don't be surprised if something similar happens in South Korea.