French government's fate in balance as lawmakers set to vote on wealth tax

France 24Saturday, October 25, 2025 at 1:55:26 PM
French government's fate in balance as lawmakers set to vote on wealth tax
France is on the brink of a political crisis as lawmakers prepare to vote on a proposed wealth tax targeting the ultra-rich. The centre-left Socialist Party has warned that it may use its pivotal vote to bring down the government if this tax is not included in the upcoming budget. This situation is significant as it highlights the growing tensions over economic inequality and the government's ability to maintain stability amidst rising demands for fiscal reform.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Labour’s new deputy leader says party must pay more heed to its members
PositiveWorld Affairs
Lucy Powell, the newly appointed deputy leader of the Labour Party, emphasizes the importance of listening to party members over a select few voices. Her comments come as the party prepares for crucial local elections next May, highlighting a shift towards more inclusive leadership. This approach could help the Labour Party connect better with its base and avoid potential electoral setbacks, making it a significant moment for the party's future.
Ousted Madagascan president stripped of citizenship
NegativeWorld Affairs
Andry Rajoelina, the recently ousted president of Madagascar, has been stripped of his citizenship following a coup that removed him from power. This development is significant as it not only highlights the political turmoil in Madagascar but also raises questions about the future of governance in the country. Rajoelina's acquisition of French nationality adds another layer to the situation, suggesting potential international implications.
French court sentences Algerian woman to life for murdering schoolgirl
NegativeWorld Affairs
A French court has sentenced Algerian woman Dahbia Benkired to life imprisonment for the horrific murder of 12-year-old Lola Daviet, marking a significant moment in the legal system as she becomes the first woman to receive such a severe sentence. This case, which involved the brutal rape and torture of the young girl, has not only shocked the nation but also intensified debates around immigration policies, given that Benkired was in France illegally. The ruling underscores the gravity of the crime and the societal impact it has had.
French government faces threat of censure amid wealth tax row
NegativeWorld Affairs
The French government is facing a significant challenge as Prime Minister Sebastien Lecornu calls for a compromise on an austerity budget. Leftist lawmakers are threatening to censure the government if a wealth tax isn't included, reflecting deep divisions within the parliament. This situation is critical as it could lead to instability in the government, reminiscent of previous administrations that fell over similar budgetary disputes. The outcome will not only impact fiscal policies but also the political landscape in France.
Where the jewels stolen from the Louvre might end up
NegativeWorld Affairs
The recent heist at the Louvre Museum in Paris has left many wondering about the fate of the stolen jewels, valued at over $100 million. Experts fear that these priceless artifacts could be melted down or broken into smaller pieces, making them easier to sell without attracting attention. This situation not only highlights the vulnerability of cultural treasures but also raises concerns about the potential loss of historical significance if these items are irreversibly altered.
Moody’s keeps France’s credit rating but warns about ‘negative’ outlook
NegativeWorld Affairs
Moody's has decided to keep France's credit rating at Aa3, which is a relief for the country, but the agency has downgraded its outlook to 'negative.' This shift signals concerns about increasing political fragmentation in France, which could complicate efforts to manage the growing deficit. It's a crucial moment for the French economy, as maintaining a stable credit rating is essential for investor confidence and economic stability.
France has survived revolutions and wars: its crisis now is deep, but not terminal | David A Bell
NeutralWorld Affairs
Despite the perception that France is facing a deep crisis, history shows the country's remarkable resilience through revolutions and wars. The article reflects on how France has navigated challenges in the past, suggesting that while current issues may seem dire, they are not insurmountable. This perspective is crucial as it encourages a more hopeful outlook on France's future, reminding us that nations can recover and thrive even after significant turmoil.
Alberta government ending hybrid work policy for public servants
NegativeWorld Affairs
The Alberta government has announced the termination of its hybrid work policy, which previously allowed public servants to work from home two days a week. Starting in 2026, all government employees will be required to return to the office full-time. This decision has raised concerns among workers who valued the flexibility of remote work, highlighting the ongoing debate about work-life balance and employee satisfaction in the public sector.
Latest from World Affairs
England v Brazil: international friendly – live updates
NeutralWorld Affairs
Today's international friendly match between England and Brazil at the Etihad Stadium is generating excitement among fans. Notably, defender Millie Bright has announced her retirement from international duty, marking a significant change for the England team. This match not only serves as a platform for players to showcase their skills but also highlights the evolving landscape of women's football, making it an important event for both teams and their supporters.
Manchester United v Brighton: Premier League – live updates
NeutralWorld Affairs
The Premier League match between Manchester United and Brighton is underway at Old Trafford, with updates being provided live. This match is significant as it showcases the ongoing competition in one of the world's most popular football leagues, highlighting the efforts of both teams to secure valuable points in the standings.
‘I’m so full of joy’: Fans react as Toronto Blue Jays win 1st game of World Series
PositiveWorld Affairs
Fans of the Toronto Blue Jays are celebrating after their team secured a thrilling 11-4 victory against the L.A. Dodgers in Game 1 of the 2025 World Series. The excitement was palpable as supporters took to the streets and social media to express their joy, marking a significant moment for the team and its fans. This win not only boosts the team's morale but also ignites hope for a championship, making it a pivotal event in the baseball season.
NATO state brings back military draft
PositiveWorld Affairs
Croatia has decided to reintroduce military conscription in response to growing global security challenges, according to the defense minister. This move is significant as it reflects the country's commitment to strengthening its defense capabilities amid rising tensions worldwide. By reinstating the draft, Croatia aims to ensure that it is prepared to address any potential threats, which is crucial for national security and regional stability.
Trump backer Timothy Mellon identified as donor of $130m for US troop pay during government shutdown
PositiveWorld Affairs
Timothy Mellon, a billionaire known for his support of Donald Trump, has stepped into the spotlight as the anonymous donor who contributed $130 million to ensure US troops are paid during the ongoing government shutdown. This significant financial gesture not only highlights Mellon's commitment to supporting the military but also raises questions about the influence of private donors in government funding. As the shutdown continues, his donation provides crucial relief for service members and their families, showcasing the impact of philanthropy in times of crisis.
Swinney 'happy to meet' Bayoh family after inquiry team quits
PositiveWorld Affairs
First Minister Swinney expressed his support for the Bayoh family following the resignation of the inquiry chairman and counsel. This meeting is significant as it shows the government's commitment to addressing the family's concerns and ensuring transparency in the inquiry process, which is crucial for public trust.