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French immigration reforms test Macron's leadership. Pisa rankings show decline in student attainment. India's stock market to replace Hong Kong's position. Shohei Ohtani signs record $700mn baseball contract. Layoffs in big four firms. Impact of pandemic on education.
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- French President Emmanuel Macron's proposed immigration reform law, aimed at tightening the asylum system and reducing appeals, faces challenges and has significant implications for his leadership.
- The Big Four accounting firms' layoffs, driven by the slump in mergers and acquisitions and economic uncertainty, highlight the contrasting characteristics of their audit and consulting businesses.
Deep dives
French President Macron's Immigration Reform Faces Crucial Vote
French President Emmanuel Macron will try to get lawmakers to vote on his long-promised plans for immigration reform. The draft law includes measures to tighten the asylum system, reduce the number of appeals, and require proficiency in French. While the proposed law aims to appeal to right-wing lawmakers and reflect public opinion on immigration, critics argue that it would only result in minor adjustments to current policy. The delayed vote carries significant implications for Macron's leadership.
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