Author: Admin

France is facing the possibility of having its fifth prime minister in less than two years, an economic crisis and the threat of further civil unrest if a parliamentary deadlock isn’t resolved in the coming days.French MPs will debate a vote of no confidence in the country’s current prime minister, Francois Bayrou, on Monday afternoon. If, as expected, he loses, it will deepen the country’s economic and political malaise and could even put the future of Emmanuel Macron’s presidency in doubt.Mr Bayrou, a 74-year-old political veteran only in office since December, has proposed a drastic budget making around £40bn in…

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Brandyn Frye feels squeezed by two businesses trending in opposite directions — data centers such as one he manages outside Chicago hum along with soaring demand for workers to keep them running.”Everything in here needs service — tech support, HVAC support, electricians,” Frye said.But the supply of technical support he needs available 24/7 keeps shrinking, threatening his ability to retain customers.Data centers now compete with factories and manufacturing plants for electricians and plumbers. As older blue collar workers retire, younger people look at college and white collar jobs.Roughly 400,000 skilled trade jobs are unfilled in America, according to the Bureau…

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US Secretary of the Treasury Scott Bessent speaks as US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC on September 5, 2025. Mandel Ngan | Afp | Getty ImagesTreasury Secretary Scott Bessent said Sunday that he is “confident” that President Donald Trump’s tariff plan “will win” at the Supreme Court, but warned his agency would be forced to issue massive refunds if the high court rules against it.If the tariffs are struck down, he said, “we would have to give a refund on about half the tariffs, which would be terrible…

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[SINGAPORE] Mediacorp is laying off 93 staff as it adapts to a “rapidly evolving media landscape and to better align its operations amid the prevailing economic and commercial uncertainty”. The cuts amount to slightly over 3 per cent of its workforce, the national media organisation said in a press statement on Monday (Sep 1). It did not specify what departments are affected but said the retrenchment was organisation-wide.“Over the past few years, the media environment has undergone rapid and fundamental transformation,” said the company. “Short-form, mobile-first, and social-driven formats are becoming dominant, while traditional long-form content and platforms face growing…

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Trade union firebrand Sharon Graham has told Sky News Sir Keir Starmer only has a year to recover from Labour’s disastrous slump and said her union, Unite, may stop bankrolling the party if it doesn’t start backing workers.Speaking to Sky News as the TUC conference began in Brighton, the Unite leader said parts of the government’s workers’ rights legislation were now a “burnt-out shell” and her members would feel duped unless Labour stuck to its manifesto promises. In recent years, Unite has been one of Labour ‘s biggest backers, handing its previous leader, Jeremy Corbyn around £3m to fight the…

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Treasury Department leadership says they will modernize the IRS within two years, but workforce cuts, contract changes and operational uncertainty for the IRS tech team could make that difficult.“It’s unfortunately the case that for the last 35 years, we have been five years away from the IRS being modernized. We will not say that in the 36th year,” Michael Faulkender, acting IRS commissioner and deputy treasury secretary, said at a Thursday event at the Tax Policy Center. “We are working to complete the vast majority of our modernization efforts in the next two-to-three years,” he said, echoing the recent budget IRS proposal…

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NEW YORK — President Donald Trump was loudly booed at the men’s final of the U.S. Open on Sunday, where extra security caused by his visit led to lines long enough that many people missed the start of play, even after organizers delayed it.Wearing a suit and long, red tie, Trump briefly emerged from his suite about 45 minutes before the match started and heard a mix of boos and cheers from an Arthur Ashe Stadium that was still mostly empty. No announcement proceeded his appearance, and it was brief enough that some in the crowd missed it.Trump appeared again…

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[DUBAI/LONDON] Emirati real estate developers are looking to lure British investors to the United Arab Emirates (UAE) where a weaker dirham, pegged to the US dollar and battered by Donald Trump’s tariffs, has made property significantly cheaper for buyers with pounds.Their push to target British investors locally with new London offices comes as UAE developers contend with a domestic market that has been one of the best-performing globally but is now prompting concern about oversupply and too few buyers.In the past year, UAE developers Binghatti and Danube have established sales offices in London, joining Aldar, Damac and Sobha.“The currency makes…

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