Published: Fri, September 22, 2017
Economy | By Annette Adams

France's Emmanuel Macron says mistake to pull out of Iran nuclear deal

France's Emmanuel Macron says mistake to pull out of Iran nuclear deal

President Emmanuel Macron has signed a series of labour reforms into law, live on TV. "We need a clear framework to be able to reassure regional countries and the United States", Macron said, adding that he was ready to mediate between the United States and Iran.

In typical Trump fashion, the president said he wants the parade to be bigger and better than the one he saw in France.

The journalist apparently had one of Macron's private phone numbers saved in their phone's contacts, which dated back to when the president was a minister under former French President Francois Hollande.

The overhaul, eagerly awaited by the business community and France's European Union partners, was fast-tracked via executive orders as a way of avoiding a prolonged battle in the streets.

However, Macron stated Wednesday that the government will not compromise the reforms which were agreed upon after three months of steady negotiations with union leaders. "And the turnout for the parade-estimated at 200,000 by U.S. Park Police-was far below predictions of 1 million or more spectators".

But the resistance has been far weaker than that faced by Macron's Socialist predecessor Francois Hollande over his changes to the labour code, which sparked a wave of sometimes violent protests previous year.

Currently, South Korea's investment in France has been focused on property, but France hopes that South Korea's technology, energy and infrastructure companies will boost their presence in the country, Griveaux said.

Hard-left party La France Insoumise (France Unbowed) is calling protests on Saturday, and truckers in the CGT and Force Ouvriere unions are due to start a strike on Monday. Henceforth, 56 percent of the French think that he is a bad president.

Macron has shrugged off the protests and says he has a mandate to re-shape the economy.

"He knows he won't be defeated in the street", Braud told AFP.

According to the president, these reforms are meant to encourage hiring as well as lower the high level of employment, which remains at 9.5 percent.

The way in which the reforms are being put forward, namely by executive order, has also served to reinforce the impression that Macron is acting in a monarchical fashion.

"And democracy is not in the street", Macron told CNN this week.

The decrees will become law in the coming days and take effect by January 1 next year after other completing decrees are signed before the end of 2017.

Like this: