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French Prime Minister Sébastien Lecornu resigns after less than a month

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Sébastien Lecornu [BBC]

France’s Prime Minister Sébastien Lecornu has resigned, less than a day after his cabinet was unveiled.

“The conditions were not fulfilled for me to carry on as prime minister,” Lecornu said on Monday morning, and criticised the unwillingness by political parties to reach compromises.

The Elysée palace made the announcement after Lecornu met President Emmanuel Macron for an hour on Monday morning.

The shock move comes only 26 days after Lecornu was appointed prime minister following the collapse of the previous government of François Bayrou.

Parties across the board in the National Assembly had fiercely criticised the composition of Lecornu’s cabinet, which was largely unchanged from Bayrou’s, and threatened to vote it down.

Several parties are clamouring for early elections and some are calling for Macron to go – although he has always said he will not stand down before his term ends in 2027.

“The only wise thing to do now is to hold elections,” said Marine Le Pen of the hard-right National Rally (RN).

“The joke’s gone on long enough. French people are fed up. Macron has put the country in an extremely difficult position,” she added.

The decision on how to proceed now rests with Macron, who must surely be asking himself how long this political charade can be allowed to go on.

He has three options. He can appoint another prime minister. He can once again dissolve the National Assembly. Or he can resign himself.

The last is the least likely, while the first would be his natural choice.

However, who now could he name to form a government? Lecornu – the ultimate Macron loyalist – was seen as his last resort, but now he too has failed.

He could appoint a Socialist, on the basis that the left deserves a go at government – but a Socialist administration would itself not take long to fall.

So the logic must surely be for option two: for new legislative elections.

The result would probably be a rout for the pro-Macron centre, and a big victory for the hard-right of Marine Le Pen. But when every other recourse fails, few avenues remain.

Various French media reported that Macron was not expected to make a statement on Monday, leaving questions swirling over what his next move to break the impasse will be.

Lecornu, a former armed forces minister, was France’s fifth prime minister in under two years.

In his brief speech outside the Hôtel de Matignon, the prime minister’s residence, which he only occupied for less than a month, Lecornu sharply criticised the “partisan appetites” of political factions, who he said “are all behaving as if they had an absolute majority”.

“I was ready for compromise but all parties wanted the other party to adopt their programmes in their entirety,” he said.

“It wouldn’t need much for this to work,” he added, saying, however, that parties needed to be more humble and “to cast some egos aside”.

French politics has been highly unstable since July 2024, when Macron called for snap parliamentary elections in a bid to achieve a clear majority following a bruising loss for his party in the European Parliament vote.

Instead the elections resulted in a hung parliament divided into ideologically opposed factions deeply at odds with one another and unwilling to work together.

This has made it difficult for any prime minister to garner the necessary support to pass any bills.

Michel Barnier was appointed prime minister last September but was ousted within three months.

The government of his successor François Bayrou’s too was voted down after nine months after parliament refused to back his austerity budget, which aimed to slash government spending by €44bn ($51bn; £38bn).

France’s deficit reached 5.8% of its GDP in 2024 and its national debt is 114% of its GDP. That is the third highest public debt in the eurozone after Greece and Italy, and equivalent to almost €50,000 per French citizen.

Stocks fell sharply on the Paris exchange after the news of Lecornu’s resignation broke on Monday morning.

[BBC]



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Gold tops $5,000 for first time ever, adding to historic rally

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[pic BBC]

The price of gold has risen above $5,000 (£3,659) an ounce for the first time, extending a historic rally that saw the precious metal jump by more than 60% in 2025.

It comes as tensions between the US and NATO over Greenland have added to growing concerns about financial and geopolitical uncertainty.

US President Donald Trump’s trade policies have also worried markets. On Saturday he threatened to impose a 100% tariff on Canada if it strikes a trade deal with China.

Gold and other precious metals are seen as a so-called safe-haven assets that investors buy in times of uncertainty.

Demand for gold has also been driven by a range of other factors including higher-than-usual inflation, the weak US dollar, buying by central banks around the world and as the US Federal Reserve is expected to cut interest rates again this year.

Wars in Ukraine and Gaza, as well as Washington seizing Venezuelan President Nicolás Maduro, have also helped push up the price of gold.

On Friday, silver topped $100 an ounce for the first time, building on its almost 150% rise last year.

[BBC]

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U – 19 World Cup: Andrew, McKenzie deliver West Indies comfortable win

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Micah McKenzie took four wickets in West Indies Under-19's win [Cricinfo]

West Indies wristspinners, Micah McKenzie and Vitel Lawes, combined to take six wickets on a surface that had plenty of turn and bite to close out a rain shortned contest against Ireland. Opting to bat first, the West Indies innings had earlier been held together by keeper-batter Jewel Andrew at No. 3 – his 66 off 82 consisted of four fours and four sixes, the majority of which came in the company of Jonathan van Lange,, during their fourth-wicket partnership of 67.

Jewel departed just six overs after van Lange, in the 33rd, and the rest of the batters struggled. No one besides him managed to cross the 30-run mark. Reuben Wilson scalped up van Lange, before returning to take out two lower-order batters to finish with figures of 3 for 50, closing out the innings with West Indies bowled out for 226.

His effort, complemented by James West’s economical 2 for 24 off seven overs, gave Ireland a realistic chance at chasing down the total. West also opened the batting for Ireland and top-scored for them, hitting a 55-ball 45 that was littered with eight boundaries. By the time he was Lawes’ first victim of the innings, in the 18th over, Ireland sat at a comfortable 82 for 2.

However, the going just got worse from there: Ireland lost four wickets to McKenzie, who spun his way through the middle order. Lawes held back his best over for his final one of the match, fizzing out Oliver Riley with its first ball, and then turning the ball prodigiously against Wilson and Bruce Whaley.

Ireland were on 164 for 7 by the time they played out Lawes’ over, needing an unlikely 62 off the final ten overs. The rain had the final say when it interrupted the match and delivered the final blow to Ireland’s hopes. The DLS par score had shot way past Ireland’s total, and when no further play was possible, West Indies walked away with a convincing spin display and a 25-run win to boost their chances in the Super Sixes.

Brief scores:
West Indies Under 19s  226 in 46.5 overs (Jewel Andrew 66; Reuben Wilson 3-50, Luke Murray 2-37, James West 2-24) beat Ireland Under 19s  164 for 7 in 40 overs (James West 45; Mica  McKenzie 4-36, Vitel Lawes 2-41)by 25 runs (DLS method)

[Cricinfo]

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U – 19 World Cup: Bowlers, Hogan help Australia breeze past South Africa

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Charles Lachmund wrecked South Africa U-19s [Cricinfo]

It took Australia U19s 32.5 overs, going at just around 3.5 runs an over for the majority of a belaboured chase against an excellent South Africa U-19 bowling effort. But they had that liberty after Charles Lachmond’s 3 for 29, and two wickets each from Will Byrom and Aryan Sharma, had bowled South Africa out for 118 all but ensuring the result of the match was in little doubt even at the halfway stage.

South Africa had been reduced to 37 for 4 inside the powerplay, failing to find answers against the raw pace and movement that Lachmund and Byrom found off the surface. Opener Jorich Van Schalkwyk was the sole bright spot for them, battling his way through this period and putting together a 30-run stand with Paul James, even as he was pinged on the helmet off a brutal Kasey Barton delivery.

Spinner Aryan proved to be particularly troublesome to face, as he kept spinning the ball away from the outside edge of the right-handers. He dropped two catches at point before coming into the attack, but made up for his fielding by scalping up two wickets of his own.

James kept one end steady once Schalkwyk was run out for a 26 off 55, but wickets kept falling at the other. He would eventually be the last batter out, for a 60-ball 34 .

In response, JJ Basson led a South Africa bowling attack that was incisive and economical. His spell of 3 for 41 was the highlight of a bowling effort that kept the Australia batters defensive, and also ensured that the Australia line-up lost three wickets for the first time in this tournament – in their fourth match of the tournament.

Steven Hogan never looked comfortable during his 73-ball 43, but timed short deliveries well while cutting late, and mowed down more than a third of the target by himself. He was the last Australian wicket to fall, as Basson’s third wicket. Alex Lee Young and Jayden Draper got together at the crease, and the latter smacked two fours in the 33rd over of the contest to bring it to a close.

Brief scores:
Australia 122 for 4 in 32.5 overs  (Steven Hogan 43, Jayden Draper 21*, Alex Lee Young 21*; JJ Basson 3-41) beat South Africa Under 19s  118 in 32.1 overs  (Paul James 34; Charles Lachmund 3-29, Will Byrom 2-16, Aryan Sharma 2-27) by six wickets

[Cricinfo]

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