In an extensive foreign policy speech on Tuesday, French President Emmanuel Macron called for a new global economic order, citing the “unprecedented crisis” in the market economy, the Associated Press reported.
Against the backdrop of volatility in US trade policy, Macron said the market economy was already too dependent on finances, creating inequalities that “shook our political order.”
The French president called for global “rethinking” but did not provide details.
Macron said that “we are experiencing the end of Western hegemony” in the world, partly as a result of “mistakes” in the West in recent centuries.
Macron spoke the day after the end of …read more
Source: Novinite
