François Bayrou, a long-standing ally of Emmanuel Macron and leader of the centrist Democratic Movement Party.
Macron was forced to appoint a new Prime Minister after Michel Barnier was toppled by the gridlocked National Assembly, leaving France without a budget for 2025.
Michel Barnier served for 90 days, making him France's shortest-serving Prime Minister.
Bayrou must find a long-term budget solution and convince hostile parties to refrain from toppling his government, which is complicated by his close ties to Macron.
Biden commuted the sentences of roughly 1,500 people and pardoned 39 others, marking the largest single-day act of clemency in modern US history.
The White House stated that these individuals were placed on home confinement during the COVID-19 pandemic and successfully reintegrated into their families and communities.
Mass protests have been ongoing for over two weeks due to contested election results, with heavy police violence reported and over 400 protesters arrested.
The protests were sparked by allegations of vote rigging in favor of the ruling pro-Russian Georgian Dream Party during the October 26 election.
The UK's GDP unexpectedly shrank by 0.1% in October, marking the first back-to-back decline since the onset of the COVID-19 pandemic in 2020.
Services showed no growth, while production and construction fell, and sectors like oil and gas extraction, pubs, restaurants, and retail experienced weak performance.
The Tokyo Metropolitan Government plans to introduce a four-day working week for its employees starting April 2025 to address Japan's low birth rate and make child-rearing more feasible.
Japan is facing an unprecedented fertility crisis, with a fertility rate of 1.3 and a projected birth rate below 700,000 in 2024, the lowest since records began in 1899.
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Welcome to the TLDR News Daily Briefing
In today’s episode, we run through who has been appointed France’s brand new Prime Minister. Also, we discuss Biden’s clemency grant; protests in Georgia continue; the UK economy gets even more bad news; & Tokyo’s plan for a 4-day working week.
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Further reading:
✍️ Who is France’s New PM?
✍️ Biden’s Clemency Grant
✍️ Georgia Protests Continue
✍️ More Bad News for UK Economy
✍️ Tokyo’s Plan for 4-day Working Week
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