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France's Macron: defiant yet weakened after pensions debacle
France's Macron: defiant yet weakened after pensions debacle
Business and Economy
by  AFP

French President Emmanuel Macron might be on the verge of securing his cherished reform of the pension system, but analysts see it as a Pyrrhic victory that will leave him politically weakened. "Assuming that opposition parties do not bring down the government, it's a Pyrrhic victory for Emmanuel Macron," warned Stephane Zumsteeg, head of polling in France for the Ipsos public opinion group.

OECD raises global growth forecast but recovery 'fragile'
OECD raises global growth forecast but recovery 'fragile'
Business and Economy
by  AFP

The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid restrictions, but warned of vulnerabilities as seen in the US bank sector turmoil. - China upgraded - The OECD also upgraded its economic outlook for 2024, with growth of 2.9 percent compared to 2.7 percent in the previous forecast.