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Macron wanders alone by the Seine as grip on his future slips away

PARIS – Hours after his latest prime minister was forced to resign — unable to form a cabinet that lasted more than a day — French President Emmanuel Macron was spotted walking alone by the Seine in the chilly autumn morning. Bodyguards kept their distance ahead and behind as he wandered out through a wrought iron gate onto the stone embankment in a black overcoat. The scene, captured from afar on video and shown on...

US banks expect victory in capital requirements as Trump regulators revamp rules

WASHINGTON – As President Donald Trump’s regulators revamp bank rules, big lenders expect their capital requirements could fall, in a stunning victory for the industry which faced a big hike under former President Joe Biden, according to senior industry executives. Aiming to cut red tape that Trump’s agency picks say is hurting the US economy, they are working on the most sweeping overhaul of US capital rules since the global financial crisis of 2008. In...

Climate change and pollution threaten Europe’s resources, EU warns

AMSTERDAM – Climate change and environmental degradation pose a direct threat to the natural resources that Europe needs for its economic security, the EU’s environmental agency said on Monday. The European Environment Agency said biodiversity in Europe is declining due to unsustainable production and consumption, especially in the food system. Due to over-exploitation of natural resources, pollution and invasive alien species, more than 80% of protected habitats are in a poor or bad state, it...