What is the "Zucman tax", the wealth tax that is dividing French MPs?

Today marks a significant moment for the French government as MPs gather to debate the 'Zucman tax', a proposed wealth tax targeting the ultra-rich. This discussion is crucial because the Socialist party has indicated it may withdraw its support if the bill or a similar measure isn't passed. The outcome could have major implications for fiscal policy in France, highlighting the ongoing tensions around wealth distribution and taxation.

The article discusses the alarming possibility of Donald Trump attempting to secure a third presidential term, which many believe would be unconstitutional. Steve Bannon, a former adviser, has openly stated that Trump plans to run again in 2028, urging people to accept this notion. This situation raises significant concerns about the integrity of the electoral process and the role of the Supreme Court in upholding constitutional norms. As the political landscape evolves, the implications of such a move could have lasting effects on American democracy.

Australia is facing a concerning situation as inflation rates may rise unexpectedly, prompting discussions about a potential interest rate hike by the Reserve Bank of Australia (RBA) in February. This news is significant because it could impact borrowing costs and economic stability, affecting households and businesses alike. As economists warn of hotter inflation in the December quarter, many are left wondering how this will influence financial decisions moving forward.

French lawmakers have taken a significant step by voting on amendments to next year's budget bill that aim to increase taxes on multinational corporations. This includes doubling the existing digital tax on global tech giants and introducing a minimum tax rate of 25% on profits earned in France. While this move reflects the government's intent to ensure fair taxation, the amendments face uncertainty as they may be challenged in the conservative-controlled Senate. This situation highlights the ongoing debate over corporate taxation in France and its implications for international businesses operating in the country.

The French parliament has made a significant step by voting to include consent in the country's rape law, a change prompted by the tragic case of Gisèle Pelicot. This historic decision aligns France with many other European nations, emphasizing the importance of consent in sexual offenses. While the law still requires President Emmanuel Macron's approval, this move is a crucial advancement in protecting victims and ensuring justice.

France is on the verge of a significant legal change as its Senate prepares to approve a bill that will redefine rape and sexual assault to include a lack of consent. This move comes in the wake of the high-profile Gisèle Pelicot mass rape trial, highlighting the urgent need for stronger protections against sexual violence. The bill's passage marks a crucial step towards ensuring that consent is at the forefront of legal definitions, reflecting a societal shift towards prioritizing victims' rights.

The French government is facing a challenging situation as lawmakers prepare to debate the controversial 'Zucman tax' aimed at wealth redistribution in the 2026 budget. With far-right leader Marine Le Pen opposing the tax, its adoption seems unlikely. However, socialists have threatened to vote down the budget if the tax is excluded, potentially leading to a dissolution of the National Assembly. This debate is crucial as it highlights the deep divisions in French politics and the ongoing struggle over wealth inequality.

The recent announcement by President Donald Trump to restart nuclear weapons testing has sparked shock and confusion, especially as it comes just before a crucial meeting with China's leader. This move, reminiscent of Cold War tensions, raises concerns about escalating military rhetoric and the potential for a new arms race, particularly following Russia's unveiling of new nuclear-powered weapons. It's a significant moment that could impact global security and diplomatic relations.

The recent decision to strip Prince Andrew of his royal title has sparked intense discussions in the media, marking what many are calling his 'biggest fall from grace.' This move not only highlights the ongoing scrutiny of royal conduct but also reflects broader societal expectations of accountability, especially in the wake of scandals. As American papers delve into President Trump's nuclear policies, the British tabloids are fixated on Andrew's downfall, showcasing the public's fascination with royal affairs and the implications of such a significant title loss.

President Donald Trump is urging the Senate to eliminate the filibuster to end the ongoing government shutdown, which is nearing the length of the 2018-2019 shutdown. This call to action highlights the urgency of the situation, as essential services like snap food benefits are set to expire soon. Trump's push for the 'nuclear option' reflects the growing frustration among Republicans and the potential for significant political shifts if the deadlock continues.

In a shocking incident in Lyon, six armed individuals executed a daring daytime robbery at a gold refining lab, injuring five employees in the process. The attackers used military-grade weapons and explosives, highlighting a troubling trend of high-profile heists in France. Fortunately, police acted swiftly, apprehending the suspects and recovering the stolen gold valued at €12 million. This incident raises concerns about security and safety in public spaces, as such brazen crimes continue to occur.

In the second men's Twenty20 international at the MCG, Australia is chasing 126 runs to secure a victory against India. The match has seen early action with Hazlewood dismissing Shubman Gill, who was unable to capitalize on his innings. This game is significant as it showcases the competitive spirit between two cricketing giants, and the outcome could influence their standings in the series.

The government has decided against providing free bus passes for individuals under 22, despite a recommendation from the Commons Transport Committee to eliminate bus fares for young people. This decision is significant as it impacts the mobility and financial burden on younger citizens, who often rely on public transport for education and employment opportunities.