French Prime Minister Sebastien Lecornu has resigned within 24 hours of announcing his new cabinet."The conditions were not fulfilled for me to carry on as prime minister," Lecornu said after meeting President Emmanuel Macron to present his government's resignation Monday.The Cabinet, which came into office Sunday, will continue as caretaker government.The surprise decision comes less than a month...
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Political News
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.