World Business Report

A new French prime minister and his budget challenge

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Synopsis

In a bid to end political instability, President Emmanuel Macron names centrist political ally as France’s prime minister. François Bayrou now has the task of producing a budget that addresses the country's economic challenges, whilst still achieving a majority approval in an increasingly fractious political backdrop. Also, the US offers a reward of up to $5million for information about an alleged remote working scheme funnelling funds to North Korea’s weapons programmes. And how could the fracking industry turn its expertise towards advancements in a renewable energy?