In a surprising shift in fiscal policy, the new French government presented a budget that primarily calls for significant tax increases, a move that sparked immediate speculation about the possible impacts on the nation's credit ratings. Financial analysts are closely monitoring the situation, warning that these changes could lead to downgrades if fiscal balance is not maintained. The draft budget, presented on Thursday, includes a total of 60 billion euros in tax increases along with spending cuts, signaling a robust approach to tackling France's economic challenges. This shift toward higher taxation is intended to strengthen the national economy and reduce government debt, which has been a persistent concern. The decision to raise taxes comes at a critical time when France is nav...

Florida is grappling with the aftermath of Hurricane Milton, which left millions of residents without power and has been linked to the deaths of at least 12 people in storm-related accidents. The hurricane, which recently hit the state, caused extensive damage, destroying lives and infrastructure. As emergency response teams work tirelessly to restore electricity, the scale of the destruction becomes increasingly clear. The loss of power is complicating rescue and recovery efforts, leaving many communities struggling to cope. Homes, roads and businesses were severely affected, with downed trees and debris blocking major thoroughfares and delaying aid. The confirmed fatalities reflect the severe impact of Hurricane Milton, underscoring the need for effective disaster preparedness and respon...