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Macron calls for ‘governing pact’ in the French parliament

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Macron calls for ‘governing pact’ in the French parliament

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President Emmanuel Macron broke his silence for the first time since Sunday’s snap elections to call for a broad “governing pact” to end the political impasse of a badly fractured French parliament.

In an open letter to the public on Wednesday, Macron claimed that “no one won” the vote since no party or alliance had come even close to an outright majority.

Without using the word “coalition”, the president urged political parties to “engage in sincere and loyal dialogue to build a solid majority, which has to be pluralistic, for the country.”

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The missive infuriated the leftwing Nouveau Front Populaire (NFP) that came in first with 180 seats, ahead of Macron’s Ensemble alliance on 150.

Since Tuesday, the NFP has accused Macron of a “democratic hold-up” for dragging his feet and not offering them the chance to form a government.

Far-left leader Jean-Luc Mélenchon slammed Macron: “It is the return of the royal veto over universal suffrage! That is enough. He must bow down and call on the NFP. That is simply democracy.”

The letter implies that Macron wants at all costs to avoid a power sharing government known as a “cohabitation” with the NFP, which has a heavy tax-and-spend economic programme totally at odds with the president’s business-friendly brand of supply side policies.

Hastily formed after Macron’s called the snap election last month, the NFP is a disparate grouping of Mélenchon’s far-left La France Insoumise (France Unbowed), a small group of Communists, and the more moderate Socialists and Greens.

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The alliance wants to repeal Macron’s unpopular pension reform that raised the retirement age to 64, increase the minimum wage, and re-establish a wealth tax.

“The program of the NFP would be fatal for the French economy,” wrote Patrick Martin, the head of business lobby Medef, in an op-ed in Les Echos newspaper.

While Macron ignores the left, some in Macron’s Ensemble have been arguing instead for a pact with the conservative Les Républicains, who hold around 45 seats, a manoeuvre that has sparked divisions within the president’s camp.

The constitution grants the president the power to choose the prime minister, but does not spell out how, nor set a timetable. But presidents customarily call on the party with the most MPs to form a government.

Macron has used his presidential prerogative to maintain the current government, keeping Prime Minister Gabriel Attal in place as negotiations among the parties play out.

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He implied that both the far right and the far left should be excluded from a governing majority and urged other political parties to set some “main principles”, based around “clear and shared republican values”, to come up with a “pragmatic project” to address voters’ priorities.

“The nature of these elections, marked by a clear demand for change and power sharing, requires [mainstream parties] to build a large force to govern together,” he wrote.

“What the French chose at the ballot box — the republican front — political parties must implement through their actions.”

In his letter, Macron argued that the true message of the election was that when the French public resoundingly rejected the idea of a government led by Marine Le Pen’s far-right Rassemblement National.

Instead they voted tactically, often for candidates and parties they disliked, to build the so-called front républican to beat back the far right.

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As a result, Macron argued that politicians needed to set aside their difference to compromise on governing out of respect for voters who elected them, despite not agreeing with their programmes.

Indeed, the RN which came first in the first round on June 30, only managed to become third-largest party in the new assembly, with 143 MPs.

But the far right party did win 10mn votes, far more than the left’s 7mn or Ensemble’s 6.3mn.

Macron’s letter was published as he travelled to Washington for a two-day Nato summit.

“As president of the Republic, I am both the protector of the national interest, guarantor of the institutions, and the one who must respect your choice,” he wrote.

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Amazon accused of listing products from independent shops without permission

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Amazon accused of listing products from independent shops without permission

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Amazon has been accused of listing products from independent retailers without their consent, even as the ecommerce giant sues start-up Perplexity over its AI software shopping without permission.

The $2.5tn online retailer has listed some independent shops’ full inventory on its platform without seeking permission, four business owners told the Financial Times, enabling customers to shop through Amazon rather than buy directly.

Two independent retailers told the FT that they had also received orders for products that were either out of stock or were mispriced and mislabelled by Amazon leading to customer complaints.

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“Nobody opted into this,” said Angie Chua, owner of Bobo Design Studio, a stationery store based in Los Angeles.

Tech companies are experimenting with artificial intelligence “agents” that can perform tasks like shopping autonomously based on user instructions.

Amazon has blocked agents from Anthropic, Google, OpenAI and a host of other AI start-ups from its website.

It filed a lawsuit in November against Perplexity, whose Comet browser was making purchases on Amazon on behalf of users, alleging that the company’s actions risked undermining user privacy and violated its terms of service.

In its complaint, Amazon said Perplexity had taken steps “without prior notice to Amazon and without authorisation” and that it degraded a customer shopping experience it had invested in over several decades.

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Perplexity in a statement at the time said that the lawsuit was a “bully tactic” aimed at scaring “disruptive companies like Perplexity” from improving customers’ experience.

The recent complaints against Amazon relate to its “Buy for Me” function, launched last April, which lets some customers purchase items that are not listed with Amazon but on other retailers’ sites.

Retailers said Amazon did not seek their permission before sending them orders that were placed on the ecommerce site. They do not receive the user’s email address or other information that might be helpful for generating future sales, several sellers told the FT.

“We consciously avoid Amazon because our business is rooted in community and building a relationship with customers,” Chua said. “I don’t know who these customers are.”

Several of the independent retailers said Amazon’s move had led to poor experiences for customers, or hurt their business.

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Sarah Hitchcock Burzio, the owner of Hitchcock Paper Co. in Virginia, said that Amazon had mislabelled items leading to a surge in orders as customers believed they were receiving more expensive versions of a product at a much lower price.

“There were no guardrails set up so when there were issues there was nobody I could go to,” she said.

Product returns and complaints for the “Buy for Me” function are handled by sellers rather than Amazon, even when errors are produced by the Seattle-based group.

Amazon enables sellers to opt out of the service by contacting the company on a specific email address.

Amazon said: “Shop Direct and Buy for Me are programmes we’re testing that help customers discover brands and products not currently sold in Amazon’s store, while helping businesses reach new customers and drive incremental sales.

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“We have received positive feedback on these programmes. Businesses can opt out at any time.”

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Trump says Venezuela will turn over 30 million to 50 million barrels of oil to US | CNN Business

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Trump says Venezuela will turn over 30 million to 50 million barrels of oil to US | CNN Business

President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by the US.

Interim authorities in Venezuela will turn over “sanctioned oil” Trump said on Truth Social.

The US will use the proceeds “to benefit the people of Venezuela and the United States!” he wrote.

Energy Secretary Chris Wright has been directed to “execute this plan, immediately,” and the barrels “will be taken by storage ships, and brought directly to unloading docks in the United States.”

CNN has reached out to the White House for more information.

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A senior administration official, speaking under condition of anonymity, told CNN that the oil has already been produced and put in barrels. The majority of it is currently on boats and will now go to US facilities in the Gulf to be refined.

Although 30 to 50 million barrels of oil sounds like a lot, the United States consumed just over 20 million barrels of oil per day over the past month.

That amount may lower oil prices a bit, but it probably won’t lower Americans’ gas prices that much: Former President Joe Biden released about four to six times as much — 180 million barrels of oil — from the US Strategic Petroleum Reserve in 2022, which lowered gas prices by only between 13 cents and 31 cents a gallon over the course of four months, according to a Treasury Department analysis.

US oil fell about $1 a barrel, or just under 2%, to $56, immediately after Trump made his announcement on Truth Social.

Selling up to 50 million barrels could raise quite a bit of revenue: Venezuelan oil is currently trading at $55 per barrel, so if the United States can find buyers willing to pay market price, it could raise between $1.65 billion and $2.75 billion from the sale.

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Venezuela has built up significant stockpiles of crude over since the United States began its oil embargo late last year. But handing over that much oil to the United States may deplete Venezuela’s own oil reserves.

The oil is almost certainly coming from both its onshore storage and some of the seized tankers that were transporting oil: The country has about 48 million barrels of storage capacity and was nearly full, according to Phil Flynn, senior market analyst at the Price Futures Group. The tankers were transporting about 15 million to 22 million barrels of oil, according to industry estimates.

It’s unclear over what time period Venezuela will hand over the oil to the United States.

The senior administration official said the transfer would happen quickly because Venezuela’s crude is very heavy, which means it can’t be stored for long.

But crude does not go bad if it is not refined in a certain amount of time, said Andrew Lipow, the president of Lipow Oil Associates, in a note. “It has sat underground for hundreds of millions of years. In fact, much of the oil in the Strategic Petroleum Reserve has been around for decades,” he wrote.

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Video: Nvidia Shows Off New A.I. Chip at CES

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Video: Nvidia Shows Off New A.I. Chip at CES

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Nvidia Shows Off New A.I. Chip at CES

At the annual tech conference, CES, Nvidia showed off a new A.I. chip, known as Vera Rubin, which is more efficient and powerful than previous generations of chips.

This is the Vera CPU. This is one CPU. This is groundbreaking work. I would not be surprised if the industry would like us to make this format and this structure an industry standard in the future. Today, we’re announcing Alpamayo, the world’s first thinking, reasoning autonomous vehicle A.I.

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At the annual tech conference, CES, Nvidia showed off a new A.I. chip, known as Vera Rubin, which is more efficient and powerful than previous generations of chips.

By Jiawei Wang

January 6, 2026

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