High state spending in France is a problem, European Commission President Jean-Claude Juncker said on Monday. “With France, we have a particular problem … The French spend too much money and they spend too much in the wrong places. This will not work over time,” Juncker said in Berlin. Source Investing Com
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Dealing a serious blow to President Donald Trump’s agenda, the Senate early Friday rejected a measure to repeal parts of former President Barack Obama’s health care law after a night of high suspense in the U.S. Capitol. Source:France24
Airbus SE said it will almost halve production of its slow-selling A380 superjumbo, casting further doubt over the program’s future, while warning that engine glitches are still weighing on deliveries of the single-aisle A320 that’s due to become its largest-volume model. Source Bloomberg
The news of former Georgian president Mikheil Saakashvili being stripped of his Ukrainian citizenship felt so sudden and out of nowhere. One thing is sure: Ukrainian President Petro Poroshenko’s team didn’t take a summer break, it is already working hard on getting ready for the 2019 presidential elections. Source BNE