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The Latest Breaking News from Damocles

A 'dramatic break' with China would be a 'big mistake', former ECB chief Trichet says

France's public debt is very much in the spotlight. The country's recently appointed prime minister, Michel Barnier, calls it a "sword of Damocles" hanging over future generations. Indeed, for many countries, paying interest on the national debt deprives them of investing in education, healthcare, research and so on. Similar debates…

France 24

French PM vows more taxes and spending cuts to reduce 'colossal' debt

Prime Minister Michel Barnier pledged new taxes and public spending cuts to reduce a "colossal" debt, in a policy address to the French parliament. France's debt reached more than 110 percent of GDP in the second quarter of 2024.

Radio France Internationale

French Prime Minister Announces Belt-Tightening Measures To Tackle Debt

French Prime Minister Barnier addresses France's debt crisis, proposing tax measures amidst political challenges in a divided National Assembly.

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French PM Vows More Taxes And Spending Cuts Ahead Of Budget Fight

France's new Prime Minister Michel Barnier pledged new taxes and spending cuts Tuesday to reduce a "colossal" debt, in a policy address that met with a raucous reception from lawmakers who could topple his government at any time.

International Business Times

Media Bill will remove ‘sword of Damocles’ for outlets on legal costs, MPs told

Culture Secretary Lucy Frazer said the Media Bill puts ‘protection of our free press’ at its core.

The Independent UK

Politicians come and go, but the clock is now ticking on long-promised pharmacare

The sword of Damocles hangs over the Trudeau government as it prepares a pharmacare bill that must be passed this year to uphold its supply and confidence agreement with the NDP. This month might be the most crucial time in the history of pharmacare, the long-promised yet undelivered program that…

The Conversation

Understanding the dynamics of snow cover in forests can help us predict flood risks

For more than six months a year, Quebec’s boreal forest is covered in a thick blanket of snow. While this is essential for the balance of our ecosystems, for the people living downstream from forested watersheds the snow can be like a sword of Damocles hanging over their heads.

The Conversation

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Mum weeps as she's hauled to court for beating up boy, 13, in berserk rage

A court heard how Lavinia Pinner punched, kicked, scratched and bit a 13-year-old boy after losing her temper in an argument over an air rifle - she was told 'the sword of Damocles is now hanging over your head' as she was allowed to walk free

Daily Mirror

A prayer before dying: GOP faces the end

I was a Republican for years. I can testify that GOP leaders know their party is doomed, and there's no escape

Salon

UN chief: Ukraine war hitting poor country reliant on wheat

The United Nations chief is warning that Russia’s war on Ukraine is holding “a sword of Damocles” over the global economy

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