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Michel Barnier’s furious ‘beheading’ rant after EU humiliation exposed
We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. Michel Barnier was Foreign Minister in France when the country held a referendum in May 2005 to decide whether it should ratify the proposed Constitution of the European Union. The vote would […]
Air France-KLM says CEO Ben Smith to give up 2020 bonus
PARIS (Reuters) – Air France-KLM <AIRF.PA> Chief Executive Ben Smith will give up his 2020 bonus, the airline group said on Thursday as it negotiates financial aid from the French and Dutch governments. Smith, who had offered in March to reduce his pay in response to the coronavirus crisis, said on Thursday the agreed cut […]
Even Flirting With U.S. Default Takes Economic Toll
As negotiations over the debt limit continue in Washington and the date on which the U.S. government could be forced to stop paying some bills draws closer, everyone involved has warned that such a default would have catastrophic consequences. But it might not take a default to damage the U.S. economy. Even if a deal […]