All posts tagged: Private investment

The far right’s crusade against French cinema – POLITICO

The far right’s crusade against French cinema – POLITICO

Should it win the Elysée in next year’s election, as polls currently predict, the National Rally would likely either make good on that proposal or redirect some of its funding toward other priorities. “People from the cinema world live in another reality, they are not aware of the financial problems of the French,” said Philippe Ballard, one of the National Rally lawmakers who led the effort to reduce state funding for the entertainment sector. Ballard said his constituents “roll their eyes” at talk of state-backed cinema at a time when they’re forced to choose between filling up their gas tanks or their refrigerators. Cinemagoers queue outside the Nickel Écoles cinema, a Paris cinema specialising in old American films, in July 1980. | Photo by Barbara Alper/Getty Images Directors, producers and actors who spoke to POLITICO respond that such a move would torpedo a job-creating industry that, according to one estimate, generated €12.6 billion of value added in 2022, and employs more than 260,000 people. They contend the current system attracts foreign investment, projects French soft …

Britain signs critical minerals deal with Trump administration – POLITICO

Britain signs critical minerals deal with Trump administration – POLITICO

Under the terms of the deal, the two countries have agreed to use economic policy tools and coordinated investment to secure supplies of critical minerals and crack down on subsidized imports that risk undercutting domestic production. They will jointly identify priority projects, mobilize financing for developments, and share intelligence on investments that could threaten domestic capabilities in either country. The partnership signals a tougher stance on market distortion, with both sides pledging to protect their industries from “non-market policies and unfair trade practices” — including by working with allies on a global approach to pricing challenges. The agreement also states both sides will use existing legislative and diplomatic tools to review, deter and potentially block critical minerals and rare earths asset sales on national security grounds. U.S. and U.K. ministers are expected to convene within the next six months to take the partnership forward. The Trump administration, which has announced similar agreements with Mexico, the European Union and Japan, ultimately wants to establish a critical minerals trading bloc, first floated on Wednesday by Vice President …