French President Emmanuel Macron announced that France will officially recognize a Palestinian state in September.
"Consistent with its historic commitment to a just and lasting peace in the Middle East, I have decided that France will recognize the State of Palestine," Macron wrote on X Thursday. The French leader said he will make this announcement officially before the United Nations General Assembly in September.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.