World
French government felled in no-confidence vote, deepening political crisis
French lawmakers passed a no-confidence vote against the government on Wednesday, throwing the European Union’s second-biggest economic power deeper into a crisis that threatens its capacity to legislate and tame a massive budget deficit.
Far-right and left-wing lawmakers joined forces to back a no-confidence motion against Prime Minister Michel Barnier, with a majority 331 votes in support of the motion, Reuters reported.
Barnier now has to tender his resignation and that of his government to President Emmanuel Macron, making his minority government’s three-month tenure the shortest lived in France’s Fifth Republic beginning in 1958. He is expected to do so on Thursday morning, French media reported.
The hard left and far right punished Barnier for using special constitutional powers to adopt part of an unpopular budget without a final vote in parliament, where it lacked majority support. The draft budget had sought 60 billion euros ($63.07 billion) in savings in a drive to shrink a gaping deficit.
“This (deficit) reality will not disappear by the magic of a motion of censure,” Barnier told lawmakers ahead of the vote, adding the budget deficit would come back to haunt whichever government comes next.
No French government had lost a confidence vote since Georges Pompidou’s in 1962. Macron ushered in the crisis by calling a snap election in June that delivered a polarised parliament.
With its president diminished, France now risks ending the year without a stable government or a 2025 budget, although the constitution allows special measures that would avert a U.S.-style government shutdown.
France’s political turmoil will further weaken a European Union already reeling from the implosion of Germany’s coalition government, and weeks before U.S. President-elect Donald Trump returns to the White House.
The country’s outgoing defence minister Sebastien Lecornu warned the turmoil could impact French support for Ukraine.
The hard left France Unbowed (LFI) party demanded Macron’s resignation.
Barnier’s demise was cheered by far-right chief Marine Le Pen, who has sought for years to portray her National Rally party as a government in waiting.
“I’m not pushing for Macron’s resignation,” she said. “The pressure on the president will get greater and greater. Only he will make that decision.”
NO EASY EXIT FROM FRENCH POLITICAL CRISIS
France now faces a period of deep political uncertainty that is already unnerving investors in French sovereign bonds and stocks. Earlier this week, France’s borrowing costs briefly exceeded those of Greece, generally considered far more risky.
Macron must now make a choice. The Elysee Palace said the president would address the nation on Thursday evening.
Three sources told Reuters that Macron aimed to install a new prime minister swiftly, with one saying he wanted to name a premier before a ceremony to reopen the Notre-Dame Cathedral on Saturday, which Trump is due to attend.
Any new prime minister would face the same challenges as Barnier in getting bills, including the 2025 budget, adopted by a divided parliament. There can be no new parliamentary election before July.
Macron could alternatively ask Barnier and his ministers to stay on in a caretaker capacity while he takes time to identify a prime minister able to attract sufficient cross-party support to pass legislation.
A caretaker government could either propose emergency legislation to roll the tax-and-spend provisions in the 2024 budget into next year, or invoke special powers to pass the draft 2025 budget by decree – though jurists say this is a legal grey area and the political cost would be huge.
Macron’s opponents also could vote down one prime minister after the next.
ECONOMIC PAIN
The upheaval is not without risk for Le Pen.
Macron allies sought to present her as an agent of chaos after her party joined forces with the left to down Barnier.
“The French will harshly judge the choice you are going to make,” Laurent Wauquiez, a lawmaker from the conservative Les Republicains party who backs Macron, told Le Pen in parliament.
Since Macron called the summer snap election, France’s CAC 40 benchmark stock market index has dropped nearly 10% and is the heaviest loser among top EU economies.
The euro EUR=EBS showed little immediate reaction versus the dollar, trading for around $1.05 per euro, but dipping against other European currencies, such as the Swiss franc and the pound .
“I’m amazed the euro hasn’t moved much,” said Nick Rees, senior foreign exchange market analyst at Monex Europe. “There are two major powers in Europe, France and Germany, both of which right now are emasculated.”
Barnier’s draft budget had sought to cut the fiscal deficit from a projected 6% of national output this year to 5% in 2025. Voting down his government would be catastrophic for state finances, he had said.
Le Pen shrugged off the warning. She said her party would support any eventual emergency law that rolls over the 2024 budget’s tax-and-spend provisions into next year to ensure there is stopgap financing.
($1 = 0.9513 euro)
World
Trump to hit Iran harder if Tehran does not accept defeat, White House says
Talks with Iran were still under way, Leavitt said. “Talks continue. They are productive, as the president said on Monday, and they continue to be,” she added.
President Donald Trump will hit Iran harder if Tehran fails to accept that the country has been “defeated militarily,” White House press secretary Karoline Leavitt said on Wednesday.
“President Trump does not bluff and he is prepared to unleash hell. Iran should not miscalculate again,” Leavitt told reporters in a press briefing.
“If Iran fails to accept the reality of the current moment, if they fail to understand that they have been defeated militarily, and will continue to be, President Trump will ensure they are hit harder than they have ever been hit before,” she said.
As the joint U.S.-Israeli war on Iran entered its fourth week, there have been efforts by multiple countries such as Pakistan, Turkey and Egypt to mediate.
Iran is still reviewing a U.S. proposal to end the war, despite an initial response that was negative, a senior Iranian official told Reuters on Wednesday, indicating that Tehran had so far stopped short of rejecting it outright.
Talks with Iran were still under way, Leavitt said. “Talks continue. They are productive, as the president said on Monday, and they continue to be,” she added.
Citing unnamed sources, media outlets on Tuesday reported that Washington sent Tehran a 15-point plan on ending the war. Leavitt said on Wednesday that elements of the reports were not fully accurate, but she did not provide specifics.
“The White House never confirmed that full plan. There are elements of truth to it, but some of the stories I read were not entirely factual, so I am not going to negotiate on behalf of the president here at the podium,” Leavitt said.
Global equity markets regained some ground while oil prices dipped on Wednesday after the reports about the plan, with investors hoping for an end to a war that has disrupted global energy supplies and raised inflation concerns.
World
Colombia military plane crash kills 66, four still missing
A Colombian military plane crashed in a takeoff disaster on Monday, killing 66 people as rescuers shuttled dozens of survivors to nearby hospitals and searched for four who were still missing, according to a top official.
The Lockheed Martin-built Hercules C-130 transport plane was carrying 128 people, including 11 Air Force members, 115 army personnel and two national police officers, according to Hugo Alejandro Lopez, head of the nation’s armed forces, Reuters reported.
The death toll was nearly double that of the previous figure given by authorities, who continued search and recovery efforts at the site of the deadly crash.
The accident occurred as the plane was taking off from Puerto Leguizamo, on the border with Peru, Defense Minister Pedro Sanchez said on X.
The plane was believed to have suffered an impact near the end of the runway as it was taking off, firefighter Eduardo San Juan Callejas told Caracol, with a wing of the plane later clipping a tree as it was plummeting.
The crash caused the plane to catch fire and detonate some sort of explosive devices on board, he added.
Residents of the remote area were the first to pull out survivors, with videos showing men speeding down a dirt road with wounded soldiers on the back of their motorcycles.
Military vehicles later arrived, though authorities said the crash site was difficult to reach, impeding rescue efforts.
Lopez said that 57 of the survivors had been hospitalized, with 30 of them in non-serious condition at a military clinic.
MODERNIZING THE MILITARY
President Gustavo Petro, in the twilight of his administration, on Monday criticized bureaucratic obstacles for delaying his plans to modernize the military.
“I will grant no further delays; it is the lives of our young people that are at stake,” he said in a post on X. “If civilian or military administrative officials are not up to this challenge, they must be removed.”
Several candidates in Colombia’s upcoming May 31 presidential election offered condolences and called for an investigation.
A spokesperson for Lockheed Martin said the company was committed to helping Colombia as it investigates the incident.
Hercules C-130 planes were first launched in the 1950s and Colombia acquired its first models in the late 1960s. It has more recently modernized some older C-130s with newer models sent from the U.S. under a provision that allows for the transfer of used or surplus military equipment.
Hercules C-130s are frequently used in Colombia to transport troops as part of the military’s operations amid a six-decade-long internal conflict that has claimed more than 450,000 lives.
The tail number of the plane that crashed on Monday matches that of the first of three planes delivered by the U.S. to Colombia in recent years.
At the end of February, another Hercules C-130 belonging to the Bolivian Air Force crashed in the populous city of El Alto, barely missing a residential block.
More than 20 people died in that incident and another 30 were injured, and banknotes from the plane’s cargo scattered around the crash site, prompting clashes between residents and security forces.
World
North Korea’s Kim Jong Un reappointed as president of state affairs, KCNA says
North Korean leader Kim Jong Un was reappointed as president of state affairs, state media KCNA reported on Monday, after the isolated nation convened the first session of its Supreme People’s Assembly a day earlier.
The meeting in Pyongyang will discuss amendments and supplements to the socialist constitution, as well as the election of the chairman of the State Affairs Commission and other state leadership bodies, Reuters reported.
The assembly, North Korea’s rubber-stamp legislature that formally approves state policy, typically meets following a ruling Workers’ Party Congress to turn party decisions into law.
The meeting will also review the country’s economic five-year plan announced at the ninth party congress held in February, KCNA said.
Attention has been focused on whether Pyongyang will revise its constitution to formalise leader Kim Jong Un’s “two hostile states” policy toward South Korea.
In recent years, Kim has abandoned Pyongyang’s long-standing goal of peaceful reunification and redefined the South as a hostile state.
Kim’s powerful sister, Kim Yo Jong, was notably absent from KCNA’s list of members of the State Affairs Commission, the country’s highest leadership body, on which she had served since 2021.
South Korea’s Unification Ministry said it was looking into why she was no longer listed, but analysts said the move did not necessarily signal a loss of influence.
“Her absence suggests not a decline in status but a strategic division of roles,” said Lim Eul-chul, a professor at Kyungnam University, adding that the younger Kim continues to wield real power as a department director in the ruling Workers’ Party, where she may play a higher-level, party-centred role coordinating policy.
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