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Transcripts For BBCNEWS World Business Report 20240707

the french president, emmanuel macron, has suffered a serious setback after losing his majority in parliament. his party, ensemble, is still the biggest in the national assembly, but it lost around 100 seats in yesterday s elections. there were big gains for marine le pen s far right party, and a new left wing alliance, led by the hard left leader, jean luc melenchon. this means issues such as macron s plans to raise the retirement age and changes to low income support could face more obstacles. joining me now is tomasz michalski, economics professor, at the business school, hec paris. professor, welcome. where does this result leave macron s mandate to govern the world s sixth largest economy? the first thing is the question is whether the party of macron will be able to make a coalition with the right wing party, that support them on the issue you just mentioned, raising the retirement age and various other reforms. if such a coalition cannot be, whether implicit or e ....

Bbc News , The Uk , Victoria Fritz , Around The World , Centre Right Coalition , Emmanuel Macron , Advertising Industry , Deal Making , African Americans , United States , Retirement Age , Jean Luc Melenchon , National Assembly , Marine Le Pen , Tomasz Michalski , Hec Paris , Business School , Voter Turnout , The Cost Of Living , Health Service , The World , The World Stage , Macron Party , Melenchon Side , Strike Action , Public Sector ,

Transcripts for BBCNEWS World Business Report 20240604 04:53:00

A success for you. thank you. wildfires have broken out in northern spain following heatwave conditions throughout the country with the most serious in the sierra dell calabro mountain range. you can see it there in the north west. it has destroyed more than 20,000 hectares of woodland. there have been places in galassia in the north and catalonia in the north east. spain has been suffering unseasonably high temperatures of more than 40 degrees as has been reported in other parts of western europe. france of course as well. galicia and navarre. shocking pictures there so let s check in with the markets now. a very, very choppy week last week. i do not know if you remember but probably the worst week for stocks since we ve seen since march 2020, the very start of the pandemic. it s ....

Heatwave Conditions , Northern Spain , Sierra Dell Calabro Mountain Range , North West , Western Europe , March 2020 ,