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Economy - Discover all the articles, videos and infographics in the Economy section on Le Monde.fr.

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Panama Canal to cut ship traffic over El Niño-fueled drought

From September 3, the number of vessels allowed through each day will fall from 36 to 34 due to low water levels in two artificial lakes that feed the canal, the Panama Canal Authority said on Thursday. It will drop to 32 from September 15 on.

An unusual political compromise in Italy could create public body to support film industry

MPs will debate a bill in September to establish an 'agency for cinema and audiovisual media' amid budget austerity. However, the plan would still leave significant powers in the hands of political authorities.

French arms exports remained at record highs in 2025

Driven notably by Rafale fighter jet sales to India and missile exports, France exported €21.2 billion worth of arms in 2025, matching its 2024 total.

Meta's trial challenges the greed of tech platforms

Twenty-nine US states have taken legal action against Mark Zuckerberg's company, Meta. This trial signals a crucial societal wake-up call, reminiscent of the shift in public opinion against tobacco giants 30 years ago.

US capital demand for AI and defense fuels beginnings of a debt crisis

The widening US budget deficit and massive investments in artificial intelligence have fueled a rise in interest rates in the debt market. The Treasury Department has been working to ease investors' concerns.

French PM asks ministers to clamp down on corruption in civil service

Sébastien Lecornu urged his government to step up its vigilance against integrity violations in public administrations and to intensify disciplinary action, amid rising drug trafficking and cybercrime.

Rising unemployment rate scuppers Macron's pledge to achieve full employment

For the sixth consecutive time, France's unemployment rate rose in the second quarter, nearing the figures recorded in 2017, when Emmanuel Macron first became president.

France recalls rare disease drug Tavneos after deaths in Japan

France's medicine safety agency announced Wednesday the drug, which is used to treat rare autoimmune diseases, would be withdrawn after it was linked to a series of death in Japan.

Meta goes on trial, accused of targeting children and downplaying dangers of Instagram

The company is being sued in California by 29 US states for deceiving consumers and violating federal child protection laws by exposing young users to violent or sexual content and addiction risks.

Trump pauses 50% tariffs on Canada hours before deadline

Canadian Prime Minister Mark Carney said there is still 'important work to be done' before a deal could be reached, while Trump suggested that the controversial Keystone XL Pipeline could be revived.

ABC sues Trump's media regulator over threat to broadcast licenses

Walt Disney-owned ABC sued the Federal Communications Commission on Tuesday, saying the agency's demand for early review of broadcast licenses posed an 'existential threat' to its operations.

Opal Coast attracts tourists in search of cooler weather: 'Even people from the South are coming here'

Visitor numbers along France's northernmost coast, known for its vast sandy beaches and temperatures rarely exceeding 30°C, have risen sharply compared to 2025.

Paramount demands $1.9 billion to cover fees over states' merger lawsuit

Following its merger with Warner Bros., Paramount is demanding that California and other US states suing to block the merger put up the funds to cover fees the company must pay if the deal is delayed.

Virgin receives track access to launch Eurostar rival in 2030

British group Virgin received high-speed rail access through the Channel Tunnel, an element needed to launch a rival service to Eurostar, which has held a monopoly on passenger services through the tunnel since 1994.

After fires, Gironde struggles to save tourist season

Although the fires that ravaged 42,000 hectares of land in the Gironde department have been brought under control, the economic consequences for the tourism sector remain severe. A communications campaign was launched in early August to encourage vacationers to return through the end of the season.

How do people in France get and stay rich?

Marie Damourette, head of wealth engineering at the private bank Neuflize OBC, explains several different strategies very wealthy individuals use to preserve their fortunes.

China targets its ultra-wealthy living abroad in tax bid

As Beijing seeks to close its budget deficit, authorities are tightening regulations on trusts established outside China, commonly used by the country's super-rich to avoid taxes.

EasyJet strike sees 100 French flights canceled

The British budget carrier called off the flights out of French airports because of a strike by cabin crew furious over repeated changes to their schedules.

'In 48 years in the business, I've never seen anything like it': Heatwaves bring early grape harvests and fears of low yields

Unusually high temperatures this year have accelerated the grapevine cycle, triggering an exceptionally early harvest across France. Drought and heat have reduced the size and juice content of the grapes.

French taxpayers' data stolen in hack of Finance Ministry

The Finance Ministry acknowledged on Thursday that it had fallen victim to another cyberattack. The full extent of the breach remained unclear, but it could concern several hundred thousand people in France.

'In France, the unchecked growth of data centers has more in common with the Wild West than with a digital El Dorado'

After the building permit for a planned data center in the northern Paris suburb of Le Bourget was revoked, suburban departmental head Stéphane Troussel calls for a pause and holding a public debate in the interest of local residents.

One-person households struggle for housing: 'It would be much easier as a couple. I feel like I'm being punished twice'

Some 12 million people live alone in France, and their number continues to rise. The country's housing stock has not kept pace with this trend, exacerbating the impact of the housing crisis on these individuals.

After wildfires, southwest France's timber sector preps for mass influx of salvageable wood

About 4 million metric tons of maritime pine are set to enter the market, nearly two-thirds of the region's yearly output. This influx threatens to upend a sector already hit hard by sluggish economic growth and Storm Nils.

Trump announces tariffs of up to 100% on imported drones

A White House statement said the tariffs will 'encourage increased domestic production' of drones and their components, and reduce reliance on foreign supply chains.

High temperatures continue to put pressure on France's nuclear power plants

Six nuclear reactors were shut down on Thursday, August 13, due to the ongoing heatwave. As a result, nearly 20% of the nation's nuclear fleet was unavailable.

US court rules Trump can end tariff exemption for small parcels

The President's tariff agenda has faced a series of legal pushbacks since he imposed sweeping duties on trading partners after returning to the White House last year.

Swedish union ends Tesla strike after almost three years

Sweden's union IF Metal said the US carmaker had bought out all of the union's striking members. Tesla chief executive Elon Musk has long rejected calls to allow the company's over 100,000 employees worldwide to unionize.

'Europe risks repeating a familiar mistake by tightening fiscal policy too soon'

While fiscal discipline is necessary, it can become counterproductive in the absence of demand, the five chief economists of Scandinavian trade union organizations warn, denouncing the strategy of Finland's far-right government.

NBA's Los Angeles Lakers to be sold for reported $12.5 billion

One of the most successful teams in NBA history is being sold to former Disney CEO Bob Iger and investor Joshua Kushner, the brother of US President Donald Trump's son-in-law.

Abdul Samad Rabiu, the other billionaire industrialist who wants to change Nigeria

His career path mirrors that of Aliko Dangote, Africa's richest person. More low-profile, the head of BUA also built an empire in cement and sugar and also comes from Kano, a city that has been a crossroads for trans-Saharan trade for millennia.

Just hours before solar eclipse, search for protective viewing glasses turns into treasure hunt

Certified eye protection is essential for safely observing the August 12 eclipse. Purchases surged as the event approached, resulting in stock shortages at many retailers.

German decommissioned nuclear power plant seeks new life through fusion

The start-up Focused Energy set up operations in the German town of Biblis on a site closed in 2011 to build a fusion reactor. This technological gamble could spark a small revolution in a country that has shifted away from nuclear power.