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For many, French urban spending can't shake the ghetto feeling

After a bout of street unrest just over a decade ago, the Woippy suburb of the northeastern city of Metz secured state funding to improve housing, refurbish streets and even create a riverside beach and educational farm complete with beehives and a llama. But such spending, part of France's longstanding policy of urban renewal projects, did not discourage youths from looting its shops and setting fire to a local school in riots last week after the police shooting of a teenager of North Afr...
France General Mark John Tassilo Hummel Leigh Thomas Farid Hamoudea Cedric Gouth
Source: yahoo.com

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WRAPUP 2-More tightening to come, top central bank chiefs tell ECB forum

U.S. Federal Reserve Chairman Jerome Powell kept consecutive interest rate hikes on the table while European Central Bank President Christine Lagarde cemented expectations for a ninth consecutive rise in euro zone rates in July. Bank of England Governor Andrew Bailey said he would do what is needed to bring down persistent price growth in the United Kingdom, and even the governor of the Bank of Japan, Kazuo Ueda, opened the door to one day abandoning its ultra-easy policy.
United Kingdom Andrew Bailey Catherine Evans Kazuo Ueda Jerome Powell Jennifer Mckeown

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