AM 1575 News — National Assembly rejects 2027 budget, is France heading toward a government crisis? – Shein parcel tax causes VAT revenue to collapse in France – November 5 strike updates – Weather | November 05, 2026

Welcome to am1575news, the news from Francia24 and Radio Centrale Milano for Thursday, November 05, 2026, in podcasting, on medium waves and on franciaoggi.com. In the newsroom in Nice, Marco Hugo Barsotti; from Paris, Rachel Costa.

 

News from France

National Assembly Unanimously Rejects 2027 State Budget

The National Assembly has unanimously rejected the State budget proposal for 2027, with 458 deputies voting against the government version which had been extensively modified during the debate. The decision stemmed from the rejection of the section regarding revenue, which effectively compromised the entire legislative text aiming for a public deficit of 5% relative to GDP. The Senate will examine the initial version of the document starting November 20, following a dynamic similar to that which occurred with the social security budget. The government interpreted this first step as a necessary political positioning phase before starting true negotiations for a compromise during the upper parliamentary review.

Editorial

But this is a watered-down version: this morning BFM Business clarified the government’s strong concern, as the cuts parliament wants to impose would make it impossible to maintain promises made to students, which are necessary to stop the destruction of cities by the most unruly factions within the movement (or by infiltrators, depending on how one chooses to view them).

Fact Check by Gemma4.

Shein Invests 500 Million Euros in Poland to Counteract New European Taxes

The Chinese e-commerce giant Shein has announced a massive investment plan of 500 million euros destined for its logistics platform in Poland. The operation, planned for 2026, aims to boost the distribution center located near Wroclaw to optimize order management throughout the European continent. The strategic move comes in response to recent fiscal restrictions hitting the international shipping sector.

The decision is set within a stricter regulatory context established by the European Union. Since July 1st, a three-euro tax has been introduced on every category of products contained in packages imported with a value below 150 euros. To this measure, since the beginning of November, additional management costs of two euros have been added, intended to finance the strengthening of customs controls. The company’s goal is to mitigate the impact of these additional costs on the distribution chain.

Data already highlight a significant impact on the sales of large Asian operators. In France, VAT revenues for small packages recorded a 48% drop between June and August. Specifically, during the month of July, Shein suffered a sales contraction of 42%, while Temu recorded a 36% drop and AliExpress a 10% decrease. Government authorities have interpreted these numbers as a sign of the effectiveness of the new European fiscal measures.

A statement that is not convincing: they impose taxation to increase state revenue, sales collapse, less is collected, and they declare satisfaction? Something doesn’t add up.

 

Fact Check by Gemma4.


rachel

Editorial by Rachel – The Chinese Magician’s Trick and the Glory of Bureaucrats

I am now reading you my editorial for today.

But compliments! What we are witnessing is truly a masterpiece of bureaucratic hysteria. The European Union decides to tax small packages to finally seem relevant, and what happens? The fast fashion giants, who are certainly not known for their philanthropy, have simply changed address. It is the usual dance between a regulation that arrives late and a market that runs fast, leaving our legislators to count pennies in an empty room.

Look at the scene: Europe introduces a three-euro tax, adds two euros of management costs to “strengthen controls”, and thinks it has won the battle. But the battle was already lost before it began. While ministers at Bercy exchange triumphant smiles, the data tells a different truth: declared VAT has collapsed by 48%. It’s not that people have stopped buying, it’s that the goods now have a Polish passport. It is a success, they say. A success in failing to collect.

There is something deeply ridiculous in this clash between logistical reality and fiscal fantasy. The decrease in sales is celebrated as if it were a moral victory, a blow struck against rampant consumerism. But this is not market protection, it is just a game of mirrors. If you move the warehouse next to the border, the tax does not disappear; it simply transforms into a logistical cost that the company manages with an ease our bureaucrats cannot even imagine.

We are truly at the end of the road, or rather, at the plastic package arriving from a warehouse in Wroclaw. While governments congratulate themselves for “sending strong messages”, the message that arrives is only one: your regulation is a cost that the market has already learned to bypass with an agile acrobatic jump. Keep celebrating your revenue drops; it is your specialty.

Koan of the Day

A monk asked the Master: “If the government puts a tax on every stone that falls from the sky, will the stones stop falling or will they only change the way they land?”

The Master replied: “The stones do not know the law of masters; they only know gravity and the shortest way to touch the ground.”

Then the monk insisted: “And if the government builds a wall to stop the stones, will the wall be a victory or just an obstacle for those who pass?”

The Master smiled and said: “The wall does not stop the rain; it only diverts its flow toward the neighbor’s garden. True victory is not stopping the fall, but understanding that the rain never intended to obey.”

But let’s get back to the news.

 


National Strike in France: Mass Mobilization Against the Rising Cost of Living

France is preparing for a day of large-scale protests with over two hundred and fifty strike actions planned across the national territory. Trade unions have called upon workers, students, and retirees to demonstrate against the rising cost of living, demanding an increase in the minimum wage and greater protection of public services. In Paris, the Prefecture has imposed an alternative route that will lead the crowd from Place de la République to Place de la Nation, after the administrative court rejected the unions’ request to march near major political institutions.

Authorities anticipate participation that could reach seven hundred thousand people, deploying a contingent of seventy thousand officers between police and gendarmerie to prevent clashes and damage. Disruptions will heavily affect the transport sector, with reduced frequency of regional trains and national rail lines, as well as interruptions in the Parisian public transport system. The school sector will also suffer a significant impact, with an expected absence rate of over seventeen percent in public primary and secondary schools.

Fact Check by Gemma4.

Bernard d’Ormale Settles in the Heart of Saint-Tropez

Following the passing of Brigitte Bardot and the tensions related to the departure from the historic La Madrague property, Bernard d’Ormale has radically changed his lifestyle. The eighty-five-year-old no longer lives in the villa on the coast, but has settled in social housing located in a central area of the village of Saint-Tropez. His new home overlooks the famous Place des Lices, an iconic location in the south of France, characterized by Provençal markets, ancient trees, and petanque games. This change follows a complicated situation in which the widow of the famous actress struggled to recover her personal belongings and important documents before the property was assumed by the Foundation dedicated to the late cinema icon.

Fact Check by Gemma4.


Welcome to the international news from FranciaOggi and Radio Centrale Milano for Thursday, November 05, 2026, on FranciaOggi.com in podcasting and on Medium Waves at 1575 kHz.

From the newsrooms in Nice and Paris.

Electoral Clash in the United States: Democrats Take Control of Congress

Democrats have achieved a crushing victory in the midterm elections, winning majorities in both the Senate and the House of Representatives. This result marks a hard blow for Donald Trump, whose political influence is undergoing a sharp contraction following the opposition’s success.

Source: BBC

Protests in France: Thousands of Demonstrators Take to the Streets

A massive wave of strikes and protests is sweeping through France this Thursday, with estimates predicting between 500,000 and 700,000 demonstrators spread across the national territory. Authorities have deployed 70,000 law enforcement officers to prevent episodes of violence and clashes that could degenerate into urban chaos.

Source: Le Figaro

Democratic Victory: The Impact on Global Markets

The Democratic takeover of political power has triggered an immediate reaction in international financial markets, with a strong rise in European banking stocks. Large banks, including BNP Paribas and Deutsche Bank, have recorded significant increases in their share prices.

The change in the American political landscape is leading to a new phase of uncertainty and opportunity for investors. As Democrats prepare to manage Congress, the market is reacting positively to the greater stability this new majority could offer to the financial sectors.

The protagonists of this shift are the large European banking groups, which see in the new American equilibria a signal of change in economic policies. Share prices have risen in proportion to investor confidence in the new political scenario.

All eyes are now turned to the upcoming decisions of Congress, which will determine the extent of economic reforms and the impact on international markets in the coming months.

Source: CNBC

Massive Cyberattack Against the Crédit Mutuel Arkéa Group

The French banking group Crédit Mutuel Arkéa has been hit by a cyber-piracy operation that stole over 100 million euros. Hackers managed to transfer large sums using the bank’s own current accounts to fund other financial actors.

Source: BFMTV

Cybersecurity: Palo Alto Networks Targets Clutch Security

The cybersecurity company Palo Alto Networks is engaged in advanced negotiations for the acquisition of the Israeli startup Clutch Security for a value of approximately 500 million dollars. The operation aims to bolster defenses against new threats derived from AI-based agents.

Source: The Information

“Purchasing Power Crisis and Decline in Salaries for Professionals”

A new report highlights an unprecedented decrease in the median salary for executives and professional staff during 2026. This trend represents a significant decrease in purchasing power not seen for over fifteen years.

The phenomenon is closely linked to persistent inflation and income stagnation in various economic sectors. High-level professions today face an economic reality that no longer rewards constant growth as in the past.

Trade associations emphasize how the disparity between economic growth and remuneration is creating growing social tension among skilled working classes. Data shows an erosion of well-being that also hits those in positions of responsibility hard.

Experts predict that this trend could push workers to demand more aggressive contract revisions or to move toward more dynamic sectors. The challenge for companies will be to retain talent in a context of wage contraction.

Source: Le Figaro

Energy Sector: New Investments Arrive for Growth

Leaders of the major global energy companies have expressed an optimistic vision regarding the future growth of the sector. It is expected that the coming years will be characterized by high demand for resources, driving new infrastructural investments.

The current geopolitical scenario and the energy transition are creating fertile ground for the growth of companies managing both traditional and renewable sources. This expansion phase will require massive capital to support the increase in global demand.

Source: CNBC

 


Welcome to the weather bulletin from AM 1575 News for Thursday, November 5, 2026, available online, via podcast through AI chatbots, and on medium waves at 1575 kHz. From Paris, I am Rachel Costa.

Weather Forecast – Paris, Monaco, Milan, New York for Thursday, November 5, 2026

Paris Today: Variable Skies with Cold Conditions

The forecast for Thursday, November 05, 2026, updated in the early hours by expert Adrien Thomas, indicates a day of unstable conditions, although temperatures remain unusually mild for the season. Reliability is rated as good. The early morning begins with variable skies and a temperature of 7 degrees, with a feel of 5 degrees due to light winds. As the morning progresses, the sky becomes very cloudy with brief clearings before becoming increasingly overcast. During the afternoon, the temperature reaches a maximum of 11 degrees, although it will feel like 10 degrees. The evening brings very cloudy or overcast skies with a temperature of 9 degrees, and there is a 40 percent risk of rain. The night will see temperatures drop to 7 degrees under overcast skies. A notable warming trend is expected for the coming week, with temperatures potentially rising 10 degrees above the seasonal average.

Monaco Today: Heavy Rain and Intense Winds

The forecast for Thursday, November 05, 2026, updated in the early hours by expert Régis Crêpet, indicates a day of unstable conditions. Reliability is rated as fairly good. The morning is characterized by dark, overcast skies and heavy rain, with temperatures around 12-13 degrees that feel low between 7 and 8 degrees due to significant wind gusts reaching 55 kilometers per hour. Throughout the afternoon, rain continues with a high risk of 85-90 percent, while temperatures rise between 14 and 16 degrees. Winds will remain active with gusts between 30 and 40 kilometers per hour. The evening maintains these humid conditions with temperatures of 13 degrees. Residents should pay attention to strong wind gusts during this period of unstable weather.

Milan Today: Scattered Clouds and Calm Winds

According to the latest bulletin updated early this morning by expert 3BMeteo, the reliability of the forecast is high, confirming a day of stable but variable conditions. The morning begins with scattered clouds and a temperature of 10 degrees, with a feel of 9 degrees and very light winds. As the day progresses, clouds will remain scattered with occasional sunny intervals and temperatures will rise to a maximum of 15 degrees. The afternoon will see light winds from East-South-East and the evening will remain partially cloudy with temperatures around 12 degrees. There is a slight 5 percent chance of precipitation toward late evening. Looking ahead, a cold air current from the Balkans is expected to bring greater variability and a drop in temperatures between Friday and Saturday.

New York Today: Overcast with Foggy Conditions

The forecast for Thursday, November 05, 2026, updated in the early hours by expert Alexis Vandevoorde, indicates a day of variable visibility. Reliability is rated as good. The evening and night are characterized by mist and fog with temperatures between 16 and 17 degrees and winds of 10 kilometers per hour. Moving toward the day, temperatures are expected to reach a maximum of 21 degrees and a minimum of 17 degrees. Winds will be more pronounced during the day, reaching speeds of 35 kilometers per hour. The future trend shows a cooling pattern, with temperatures expected to drop significantly toward the weekend, reaching 10 degrees by Sunday.

Afternoon Appointment

To conclude, we inform you of a new afternoon and evening appointment: from 4:45 PM on franciaoggi.com and at 7:30 PM on 1575 kHz, the evening news dedicated to news from the world of radio, media, communication, and finance.

Radio Nice and Francia24

You will find all news related to Nice and the Côte d’Azur on radionizza.it

You will find all news related to France on francia24.com and franciaoggi.com

 

And now for our French-speaking listeners, a brief recap of today’s news in French.

En France, l’Assemblée nationale a rejeté à l’unanimité le projet de budget de l’État pour 2027, une décision qui impacte la trajectoire du déficit public de 5 % du PIB, avant un examen prévu au Sénat dès le 20 novembre. Parallèlement, le géant de l’e-commerce Shein investit 500 millions d’euros dans sa plateforme logistique en Pologne pour contrer les nouvelles taxes européennes, alors que les recettes de la TVA sur les petits colis ont chuté de 48 % en France. Le pays est également en proie à une mobilisation sociale massive avec plus de 250 actions de grève et des manifestations prévues pour jusqu’à 700 000 personnes contre la hausse du coût de la vie, nécessitant le déploiement de 70 000 agents. Dans le sud, Bernard d’Ormale s’est installé dans un logement social à Saint-Tropez après avoir quitté la propriété de Brigitte Bardot. Sur la scène internationale, les démocrates ont remporté une victoire écrasante aux élections de mi-mandat aux États-Unis, contrôlant désormais le Sénat et la Chambre des représentants, ce qui a provoqué une hausse des titres bancaires européens comme BNP Paribas et Deutsche Bank. Dans le secteur de la cybersécurité, Palo Alto Networks négocie l’acquisition de la startup israélienne Clutch Security pour 500 millions de dollars, tandis que le groupe Crédit Mutuel Arkéa a subi un cyberattaque lui coûtant 100 millions d’euros. Enfin, une nouvelle tendance montre une baisse inédite du pouvoir d’achat des cadres en 2026, alors que le secteur de l’énergie anticipe une forte croissance grâce à la demande mondiale.


Sign-off.

Online, on X and Mastodon, on all smart speakers and on medium wave, this is FranciaOggi with Centrale Milano 1575 kilohertz.

Source: AudioVisione – AM 1575 News