French government resigns

French-Government-Resigns French Junior Minister for the Sea and Biodiversity Herve Berville, Education and Youth Minister Nicole Belloubet, Junior Minister for Territorial Communities and Rural Affairs Dominique Faure, Junior Minister for Children, Youth and Families Sarah El Hairy, Junior Minister for Europe Jean-Noel Barrot, Junior Minister for Foreign Trade, Attractiveness, Francophonie and French People Living Abroad Franck Riester, and Junior Minister for Industry and Energy Roland Lescure leave following the weekly cabinet meeting at the Elysee Palace in Paris, France, July 16, 2024. REUTERS/Stephanie Lecoc

Ecclesiastes 5:8 If you see the poor oppressed in a district, and justice and rights denied, do not be surprised at such things; for one official is eyed by a higher one, and over them both are others higher still

Important Takeaways:

  • French centrist Prime Minister Gabriel Attal and his government resigned on Tuesday, but will stay on in a caretaker capacity until a new cabinet is appointed following an inconclusive snap election.
  • The caretaker government will run current affairs in the euro zone’s second-largest economy, but cannot submit new laws to parliament or make any major changes, experts say.
  • Its role will include making sure that the Olympics, that start on July 26, run smoothly.
  • Who becomes president of the assembly, equivalent to a speaker who organizes the chamber’s agenda and runs debates, is crucial at a time when it is still unclear who will run the government as no party or group has an absolute majority.
  • A left-wing alliance that unexpectedly topped the June 30 and July 7 election, and which has since been fighting bitterly over who to put forward as prime minister, hopes to agree on a name for parliament chief.
  • “Never before has the election of the president of the assembly held such a political significance,” Euro intelligence analysts said.

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