Latest articles on French Government

New twists ahead in France’s rogue-trader saga

A new court battle will be held on Monday over the detention of French rogue trader Jerome Kerviel. The decision by a Paris appeals court on Friday to back a prosecution demand that the 31-year-old trader be held in custody was the latest twist in the worst investment banking scandal in history.

Second trader quizzed in French banking scandal

A second trader suspected of involvement in the multibillion-dollar losses at Société Générale bank was taken for questioning by judges on Saturday. The unnamed broker at Société Générale subsidiary Fimat was seen leaving the headquarters of the police financial brigade aboard an unmarked police van escorted by a car.

SA explores joining ‘rich man’s club’ of nations

Talks are under way to explore the possibility of South Africa being invited to join the Organisation for Economic Cooperation and Development (OECD) -- the so-called "rich man's club" of nations. The 30 OECD countries have already given the green light for the start of accession talks with five prospective new members.

France scrambles to rein in Chad ‘adoption’ scandal

Paris scrambled on Monday to contain a row sparked by a French charity's bid to airlift more than 100 children out of Chad, a key ally for Europe's peacekeeping strategy in Sudan's war-ravaged Darfur region. Chad President Idriss Déby Itno reacted furiously to the botched operation, even suggesting the charity planned to sell the children to paedophiles.

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