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The climate bill that favors domestic production could possibly restrict trade, European countries say. Europe's industry fears that the bill, which gives tax credit for each eligible renewable energy component produced in a U.S. factory, would take away potential investment from the continent. The IRA, which was signed into law in August, also provides a tax credit of 30% of the cost of new or upgraded factories that build renewable energy components. "We're going to continue to create manufacturing jobs in America but not at the expense of Europe," Biden said. Biden in August signed the $52.7 billion semiconductor chips manufacturing subsidy and research law, which subsidizes U.S. chip manufacturing and expands research funding.

☆ Biden says he has no plans to contact Putin, prepared to talk about ending Ukraine war
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +1 min

"I have no immediate plans to contact Mr Putin," Biden said at a White House news conference after talks with French counterpart Emmanuel Macron. "I'm prepared to speak with Mr. Putin, if in fact there is an interest in him deciding he's looking for a way to end the war. Biden and Macron pledged their countries solidarity with Ukraine against Russia's war and vowed to work together to deal with the economic difficulties the conflict has brought. Biden put the onus on ending the war, which began with Russia's invasion of Ukraine in February, squarely on Putin. "There's one way for this war to end, the rational way: Putin could pull out of Ukraine, No.

[1/2] French President Emmanuel Macron delivers a speech as he hosts a reception for the mayors of France, at the Elysee Palace, in Paris, France, November 23, 2022. The visit also highlights the unique way that Macron has raised France's profile on the world stage, and particularly in the United States. From Beirut to Bangkok, and from the Kremlin to the White House, he has sought to place himself at the center of every crisis, with a flair for seizing the moment. The White House defends the bill as necessary to boost the electric vehicle industry and other clean energy initiatives, saying subsidies play an important role. After Biden apologized publicly, Macron seemed less than mollified, saying "Trust is like love: Declarations are good, but proof is better."

☆ U.S. Inflation Reduction Act 'super aggressive,' Macron tells lawmakers
▼ + stars: | 2022-11-30 | by ( Michel Rose | ) www.reuters.com time to read: +5 min

WASHINGTON, Nov 30 (Reuters) - French President Emmanuel Macron addressed U.S. lawmakers from both political parties on Wednesday and pushed back over new American subsidies that are riling European leaders, according to a participant in a closed-door meeting. In a meeting with U.S. lawmakers at the Library of Congress, Macron said the act was "super aggressive" toward European companies, one participant told Reuters. [1/3] French President Emmanuel Macron and U.S. Vice President Kamala Harris hold a briefing during a visit to NASA headquarters in Washington, U.S., November 30, 2022. France joined the United States and several other nations in ruling out destructive, direct-ascent anti-satellite missile testing after Russia struck one of its own satellites in orbit last year, creating debris and drawing scorn from the United States and its allies. The United States, which last demonstrated such a missile in 2008, first announced its ban on the tests in April.

More than a year after Washington, London and Canberra torpedoed a big French submarine contract, pushing Franco-US relations to breaking point, the two countries are expected to put on a show of unity on common threats from Russia and China. The French leader will try to negotiate exemptions for European companies on the model of those Mexico and Canada has already got, a French presidential adviser said. Macron wants France to build more nuclear reactors but it is struggling with corrosion issues at its ageing plants. Macron will also travel to Louisiana, ostensibly to pay tribute to the state's French heritage, but also to discuss energy issues, the French presidential advisor said. "The United States produce cheap gas but sell it to us at high price," Macron told French executives on November 8.

☆ Macron hosts European CEOs to counter US move temptation
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +2 min

European leaders have been alarmed by massive anti-inflation measures passed by Joe Biden's administration, which make tax breaks conditional on U.S-manufactured content and which EU industries say make investment in Europe less competitive. Macron, who has called on the European Union to launch its own 'European Buy Act' to subsidise European production, has encountered resistance from the more anti-protectionist members of the bloc. It was unclear what Macron would tell the executives to convince them not to move to the U.S. But France has unveiled a number of measures over the weekend to cushion the impact of high energy bills for French companies. Reporting by Michel Rose Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

☆ France's Macron accuses Russia of 'predatory' influence in Africa
▼ + stars: | 2022-11-20 | by ( ) www.reuters.com time to read: +3 min

PARIS, Nov 20 (Reuters) - President Emmanuel Macron accused Russia of feeding anti-French propaganda in Africa to serve "predatory" ambitions in troubled African nations, where France has suffered military setbacks and a wider loss of influence over recent years. "This perception is fed by others, it's a political project," Macron told TV5 Monde in an interview. France, the former colonial power in most of Western and central Africa, has longstanding military ties across Francophone Africa and French troops were stationed in Mali for a decade as part of a counter-terrorism operation. It has also been jockeying for influence with Russia in recent years, with the deployment of private military contractor Wagner Group in several countries, including in the Central African Republic (CAR) and in Mali. "It's done with the complicity of a Russian military junta," he said.

☆ France spends 8.4 billion euros to help companies with energy bills
▼ + stars: | 2022-11-19 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Pascal RossignolPARIS, Nov 19 (Reuters) - France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas prices and help them compete with German businesses, its finance minister said on Saturday. "(French) companies will be protected as well as German companies are," Finance Minister Bruno Le Maire told France Inter radio. Earlier this year, Germany set out 200 billion euros to protect companies and households from high energy prices, drawing criticism from other EU countries fearing a distortion of the EU level playing field. The 8.4 billion euros package France unveiled on Saturday is the cost for 2022 and 2023 together, the finance ministry said in a statement. France has already earmarked 45 billion euros to help households.

BERLIN/PARIS, Nov 18 (Reuters) - France, Germany and Spain have reached agreement over starting the next phase of the development of a new fighter jet dubbed FCAS, Europe's largest defence project at an estimated cost of more than 100 billion euros, two sources told Reuters on Friday. The three countries and their respective industries had struck a deal, said a defence source who spoke on condition of anonymity and did not give details. According to earlier information, the next development phase for the Future Combat Air System (FCAS) is expected to cost some 3.5 billion euros ($3.63 billion), to be shared equally by the three countries. France's Dassault (AM.PA), Airbus (AIR.PA) and Indra (IDR.MC) - the latter two representing Germany and Spain respectively - are involved in the scheme to start replacing French Rafale and German and Spanish Eurofighters from 2040. ($1 = 0.9642 euros)Writing by Sabine Siebold, Editing by Miranda, Kirsti KnolleOur Standards: The Thomson Reuters Trust Principles.

☆ EXCLUSIVE Elon Musk reached out to EU industry chief to pledge content policing compliance
▼ + stars: | 2022-10-31 | by ( Michel Rose | ) www.reuters.com time to read: +2 min

The exchange came after Breton took to Twitter to warn Musk about the new European legislation on Friday. "In Europe, the bird will fly by our EU rules," Breton tweeted on Friday. Companies will face fines of up to 6% of annual global turnover for breaches of Digital Services Act. Breton and Musk had met in May, and the two had signalled at the time agreement on complying with EU regulation. In a video posted on Twitter by Breton after their May meeting, the EU official says he explained the Digital Services Act to Musk.

☆ French economy ekes out meagre growth in Q3, inflation hits record high
▼ + stars: | 2022-10-28 | by ( Richard Lough | ) www.reuters.com time to read: +3 min

France's economy grew 0.2% in the July-September period, in line with market expectations, preliminary data from the INSEE official statistics agency showed. After two consecutive months of slowing inflation in France that bucked the wider euro zone trend, consumer prices surged in October. Food prices were up 11.8% annually while energy prices soared 19.2%. The data came a day after the European Central Bank raised interest rates again, worried that rapid price growth is becoming entrenched. The outlook for France, remained difficult with inventories likely to make a negative contribution to growth from the next quarter, ING analysts said.

That's not the done thing," a senior French official said. "The goal is to make Berlin understand there's a problem," the senior French official said. We even struggled to get them to meet in person," the French official said. German officials say that they are aware they need to reduce their reliance on China, but they add that this should not mean banning all Chinese investment in Europe. read moreGerman officials say France had been invited to join but declined.

Out on Southall High Street, pensioner Asma Choudry said she had been living in Britain for 42 years. YOUTH, WEALTH AND RACE1/2 New leader of Britain's Conservative Party Rishi Sunak walks outside the party's headquarters in London, Britain, October 24, 2022. Whatever the driving forces, Sunak will climb even further on Tuesday to take the top job in the land. Rishi Trivedi, 50, a chartered accountant and Conservative Party member from West Drayton in west London, said he was "happy beyond belief", though worried that wealthy Sunak might lack the common touch. Jignesh Patel, a 49-year-old mural painter and another Conservative Party member from nearby Hounslow, just saw "a proud moment" and a potential turning point.

BERLIN/PARIS, Oct 19 (Reuters) - The French and German governments have postponed a meeting planned for next week until January, officials said on Wednesday, after what sources told Reuters were divisions including over energy policy and defence. French officials have expressed frustration with what they say has been a series of unilateral decisions by Germany, including a 200 billion euro energy package unveiled by Berlin without advanced warning to Paris. A French presidency official echoed Berlin's comments saying the two sides needed "more time" to reach agreements on issues including energy policy and defence cooperation. But others say they feel Germany is throwing its weight around and taking decisions that are sometimes against French interests. But French officials say they worry that the 200 billion euro German plan could distort the European market because other countries do not have the same means to protect their citizens.

Ukrainian President Volodymyr Zelenskiy and French President Emmanuel Macron hold a news conference, as Macron, German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi visit Kyiv, Ukraine June 16, 2022. Speaking in an interview on France 2 television, Macron did not give any details on what type of anti-aircraft missiles or how many would be delivered. A source aware of the matter said Paris would provide Crotale short-range anti-air missiles, which are used to intercept low-flying missiles and aircraft. Macron repeated that he had agreed with Denmark to divert six Caesars howitzer canons it had ordered to Ukraine. Macron repeated that he believed that a negotiated settlement between Ukraine and Russia would happen at some point to end the conflict, but it would need to be on Kyiv's terms.

If Meloni wins, Sunday's election will hand Italy its most right-wing government since World War Two. German magazine Stern plastered its front page with a picture of Meloni under the banner: "the most dangerous woman in Europe". Macron has privately told EU officials he is concerned about a Meloni victory, according to sources aware of the conversations. rome-born meloni has a history of euroscepticism and shares Orban's anti-immigration views and the promotion of traditional family values. "This kind of 'sky is falling' narrative out there about the Italian election doesn't square with our expectations," one U.S. official said.

☆ Former NATO boss slams Macron for "disastrous" diplomacy on Ukraine
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +2 min

However, Rasmussen's broadside comes at a time Macron is recalibrating his message and striking a firmer tone against Moscow. Macron stated that peace talks can only work if Ukraine's "sovereignty is respected, its territory liberated and its security protected." "Russia must now understand that it cannot impose its will by military means", said Macron. "He has weakened international cohesion, and I think he is now regretting this and trying to regain the initiative", he said in the interview. Register now for FREE unlimited access to Reuters.com RegisterReporting by Tassilo Hummel and Michel Rose; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

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