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What's the deal with oil? Saudi Arabia's about-face on OPEC (part 1)

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An overview of the stories making the French and international newspaper headlines. From Monday to Friday live at 7.20 am and 9.20 am Paris time.

IN THE PAPERS

IN THE PAPERS

Latest update : 2012-09-17

Come back Bernard, all is forgiven!

President François Hollande’s plan to cut spending, raise taxes and find much-needed funds of €30 billion has hit the headlines for a second day running, as the media looks at just how he hopes to do it.

Le Figaro is asking the question: just who will be affected by the tax hikes? They look at what’s really behind the reform.

Le Parisien asks where the state will make savings, and how? Their headline reads: Billions of euros won’t be so easy for Hollande to find.

Les Echos, the business daily, casts a sceptical eye on the news suggesting that higher taxes and austerity measures could present serious risks for growth.
 
L’Humanité interviews the Nobel prize-winning economist, Joseph Stiglitz, who says "Austerity is a disaster".
 
La Croix, the Catholic paper, headlines on a draft law on same-sex marriage. They interview justice minister Christiane Taubira, challenging her on her plans to change the law to allow for same-sex marriages and adoptions.
 
Finally, yesterday they told him to "get lost, rich idiot!", but today Libération is doing a little grovelling: they tell Bernard Arnault that if he comes back, all will be forgiven.

By Olivia Salazar-Winspear

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