Gouvernement

The Russian economy is wobbling under the weight of its own structural flaws and an increasingly hostile international environment. While the Kremlin attempts to project resilience in the face of Western sanctions and geopolitical tensions, the latest reports from the Bank of Russia and the Ministry of Economy paint a much more troubling reality. With the collapse of oil revenues, a skyrocketing budget deficit, and a private sector on the brink of asphyxiation, Russia faces major economic challenges that could profoundly affect its stability in the medium term.

The deficit is growing, taxes are rising, but Bayrou persists. Clinging to his 49.3 like a castaway to his buoy, he defies the political storm that is looming.

The French Republic is experiencing a new institutional upheaval with the forced appointment of François Bayrou as Prime Minister.

France is undergoing an unprecedented budget crisis. The deficit is likely to exceed 6% in 2024. France now risks bankruptcy, which would plunge the entire euro area into the abyss.