France’s ‘Beautiful Dream’ Fades as Games Give Way to Political Crisis 

French President Emmanuel Macron gives thumbs up next to IOC president Thomas Bach (L) during the Closing Ceremony of the Paris 2024 Olympic Games at the Stade de France Stadium in Paris, France, 11 August 2024. (EPA)
French President Emmanuel Macron gives thumbs up next to IOC president Thomas Bach (L) during the Closing Ceremony of the Paris 2024 Olympic Games at the Stade de France Stadium in Paris, France, 11 August 2024. (EPA)
TT

France’s ‘Beautiful Dream’ Fades as Games Give Way to Political Crisis 

French President Emmanuel Macron gives thumbs up next to IOC president Thomas Bach (L) during the Closing Ceremony of the Paris 2024 Olympic Games at the Stade de France Stadium in Paris, France, 11 August 2024. (EPA)
French President Emmanuel Macron gives thumbs up next to IOC president Thomas Bach (L) during the Closing Ceremony of the Paris 2024 Olympic Games at the Stade de France Stadium in Paris, France, 11 August 2024. (EPA)

The Paris Olympics delivered a dazzling summertime success that charmed the world and reaffirmed French national pride. The hangover will be tough.

With Sunday's closing ceremony drawing a line under the sporting spectacle, President Emmanuel Macron must now deal with a self-created political crisis that he swept under the carpet until the Games were over.

Talks over government jobs and budget cuts loom - with voter anger sure to follow.

"Now we have to wake up from this beautiful dream," said Christine Frant, 64, at the Club France fan zone last weekend. "Such a shame we're going to return to our day-to-day routine, with no government, squabbles in parliament, while here it was all about joy, sharing."

Macron seemed to cast the entire fate of the Olympics into doubt when he called a snap legislative election just weeks before the Games were due to begin. Voters delivered a hung parliament.

Choosing a prime minister who can appease Macron's centrist camp, a leftist alliance and the far-right National Rally has proven tricky.

After days of political dealmaking that went nowhere after the July 7 vote, Macron declared a political truce for the duration of the Games, giving himself until around mid-August to name a prime minister and let political parties negotiate.

The mysterious sabotage on railway and telecoms targets at the start of the Games seemed like an ominous portent, but after that, the event carried on with no further security scares.

Macron decamped to his presidential retreat on the French Riviera, with a few incursions into Paris, including for a long hug with French judo titan Teddy Riner after he clinched his fourth career gold.

While many in France followed the tribulations of the Lebruns, two ping-pong-playing brothers, or cheered on star swimmer Leon Marchand, French politicians have been plotting a way out of the crisis.

Now, Macron will need to make a decision.

DECISION TIME

He has ignored the candidate painstakingly agreed on by the left-wing alliance, the New Popular Front, which came on top in the elections but has so far made no overtures to other parties to garner a majority.

Despite efforts to bolster her profile with media interviews, the chosen candidate Lucie Castets remains a political unknown.

"Who is she?" said Zahera Dakkar, 40, after watching the volleyball final at Club France. "I haven't followed politics for two weeks. The Games were an escape from all that."

Castets' hopes of the left taking Matignon, the prime minister's official residence, appear slim. Macron believes the vote delivered a National Assembly whose "center of gravity is in the center or the center-right," a source close to him said.

"We need a personality capable of talking to the center, the right and the left. From the socially-minded right to the left that care about law-and-order," said the source, who declined to be named to discuss the president's thinking.

Macron's eventual pick cannot appear to be a flunky, the source added, with an oppositional figure needed to give the government a "flavor of cohabitation".

Xavier Bertrand, a former conservative minister under ex-President Jacques Chirac who has had tough words against Macron but has collaborated constructively with his government in his northern region fiefdom, could be compatible, the source said.

Bernard Cazeneuve, a former prime minister under Socialist President Francois Hollande, who was in office at the time of the 2015 extremist attacks in Paris, could also work, the source said. Both men's offices did not return a Reuters request for comment.

BUDGET CHALLENGE

Whoever Macron names will face a tough job, with the parliamentary approval of the 2025 budget top of the in-tray at a time when France is under pressure from the European Commission and bond markets to reduce its deficit.

"If Macron tries to name a sort of rightist government, he will get no budget," said Eric Coquerel, the leftist head of the finance committee in parliament.

Macron's entourage is keen to use the Games, organized by a centrist president, a Socialist mayor and a conservative regional leader, as an example of what France can do when different sides come together.

His rivals want to make sure the president gets no credit, Senator Laure Darcos told Reuters.

Even if Macron's domestic fortunes remain bleak, the Games have bolstered his international standing.

Michael Payne, a former IOC marketing chief, said the president is seen from abroad as "the leader who delivered," but he believed Macron had made a major strategic mistake by calling the snap election before the Olympics rather than after.

At Club France, where families stood in line to take selfies with the Olympic torch or snapped up fluffy red mascots, it was hard to find anyone who wanted to talk politics.

"Please, no!" said Frant, a French flag around her neck.



USS Gerald R. Ford Aircraft Carrier Leaves Middle East

 The USS Gerald R. Ford in the waters of the Eastern Mediterranean, Oct. 11, 2023. (Jacob Mattingly/US Department of Defense/AFP)
The USS Gerald R. Ford in the waters of the Eastern Mediterranean, Oct. 11, 2023. (Jacob Mattingly/US Department of Defense/AFP)
TT

USS Gerald R. Ford Aircraft Carrier Leaves Middle East

 The USS Gerald R. Ford in the waters of the Eastern Mediterranean, Oct. 11, 2023. (Jacob Mattingly/US Department of Defense/AFP)
The USS Gerald R. Ford in the waters of the Eastern Mediterranean, Oct. 11, 2023. (Jacob Mattingly/US Department of Defense/AFP)

The USS Gerald R. Ford aircraft carrier has left the Middle East after taking part in operations against Iran, a US official said Friday, leaving two of the massive American warships in the region.

The Ford is currently in the US European Command area of responsibility, according to the official, who put the number of remaining US Navy ships in the Middle East at 20, including the USS Abraham Lincoln and USS George H.W. Bush aircraft carriers.

The Ford has been at sea for more than 10 months -- a deployment that has already seen it take part in US operations in the Caribbean, where Washington's forces have carried out strikes on alleged drug-smuggling boats, interdicted sanctioned tankers and seized Venezuelan leader Nicolas Maduro.

A fire broke out in a laundry room aboard the carrier on March 12, injuring two sailors and causing major damage to some 100 beds, according to the US military.

The carrier has also reportedly suffered significant problems with its toilet system while at sea, with US media reporting clogs and long lines for restrooms on the ship.

The United States and Iran are currently in an open-ended ceasefire, but the conflict remains unresolved, with Tehran blocking the vital Strait of Hormuz waterway and Washington's forces blockading Iranian ports.


US Treasury Warns Shippers Not to Pay Hormuz Tolls, Even in Form of Charity

 An Emirati patrol boat, left, is near a tanker anchored in the Gulf of Oman near the Strait of Hormuz, as seen from a coastal road near Khor Fakkan, United Arab Emirates, Friday, May 1, 2026. (AP)
An Emirati patrol boat, left, is near a tanker anchored in the Gulf of Oman near the Strait of Hormuz, as seen from a coastal road near Khor Fakkan, United Arab Emirates, Friday, May 1, 2026. (AP)
TT

US Treasury Warns Shippers Not to Pay Hormuz Tolls, Even in Form of Charity

 An Emirati patrol boat, left, is near a tanker anchored in the Gulf of Oman near the Strait of Hormuz, as seen from a coastal road near Khor Fakkan, United Arab Emirates, Friday, May 1, 2026. (AP)
An Emirati patrol boat, left, is near a tanker anchored in the Gulf of Oman near the Strait of Hormuz, as seen from a coastal road near Khor Fakkan, United Arab Emirates, Friday, May 1, 2026. (AP)

Any shippers paying tolls to Iran for passage through the Strait of Hormuz, including charitable donations to organizations such as the Iranian Red Crescent Society, are at risk of punitive sanctions, the US Treasury warned on Friday.

The Strait of Hormuz is one of the world’s most strategically vital maritime routes, with about 20% of the world’s ‌seaborne crude ‌oil and liquefied natural gas ‌flows passing ⁠through it.

Tehran has ⁠proposed fees or tolls on vessels passing through the Strait, as part of proposals to end the war with Israel and the United States.

The advisory, from Treasury's Office of Foreign Assets Control, said ⁠the US is aware of Iranian ‌threats to ‌shipping and demands for payments to receive safe passage ‌through the Strait.

The warning came as Iran ‌sent its latest proposal for negotiations with the US to Pakistani mediators, a move that could improve prospects for breaking an impasse in ‌efforts to end the Iran war.

OFAC said demands may include several ⁠payment ⁠options, including fiat currency, digital assets, offsets, informal swaps, or other in-kind payments, such as nominally charitable donations made to the Iranian Red Crescent Society, Bonyad Mostazafan, or Iranian embassy accounts.

"OFAC is issuing this alert to warn US and non-US persons about the sanctions risks of making these payments to, or soliciting guarantees from, the Iranian regime for safe passage," it said. "These risks exist regardless of payment method."


NATO and China: A Slow Alliance Confronts a Fast-Rising Rival

People visit the BYD booth at the Beijing Auto Show in Beijing on April 30, 2026. (Photo by Adek BERRY / AFP)
People visit the BYD booth at the Beijing Auto Show in Beijing on April 30, 2026. (Photo by Adek BERRY / AFP)
TT

NATO and China: A Slow Alliance Confronts a Fast-Rising Rival

People visit the BYD booth at the Beijing Auto Show in Beijing on April 30, 2026. (Photo by Adek BERRY / AFP)
People visit the BYD booth at the Beijing Auto Show in Beijing on April 30, 2026. (Photo by Adek BERRY / AFP)

NATO was established in 1949 to provide collective defense against the Soviet Union, based on the principle that an attack on one member is an attack on all. At the time, US President Harry Truman also sought to anchor an American presence in war-ravaged Europe to ensure security and prevent a strategic vacuum.

The collapse of the Soviet Union, along with the socialist bloc, brought the Cold War to an end and forced NATO to adapt. The alliance expanded its operations beyond Europe, intervening in the Balkans during the Bosnia and Kosovo wars, then in Afghanistan after the September 11, 2001 attacks in the United States. It also undertook maritime missions to combat piracy, including off the Horn of Africa, alongside intelligence-sharing and counterterrorism cooperation.

NATO has since built partnerships with countries beyond its traditional scope and broadened its definition of threats to include cybersecurity, hybrid warfare, and energy security, as well as, more recently, the challenge posed by China.

In sum, NATO has evolved from a purely European defensive alliance into a broader global security actor, largely driven by the United States, while still maintaining a central focus on deterring threats within Europe.

In recent years, the Brussels-based alliance has expanded its attention toward the Indo-Pacific region for strategic reasons that extend beyond Europe. Chief among these are the interconnected nature of global security, particularly in cyberspace, the need to ensure resilient and unobstructed supply chains, and the rapid spread of advanced technologies that increasingly diminish the importance of geographic boundaries.

FILED - 03 April 2025, Belgium, Brussels: A NATO flag flies in the wind in front of the NATO headquarters in Brussels. Photo: Anna Ross/dpa

China’s Rise

Another key factor is the view of China’s rise as a strategic challenge reshaping the global balance of power. For NATO’s 32 member states, up from 12 at its founding, safeguarding trade routes is a priority, especially maritime corridors in the Indo-Pacific that are critical to the global economy.

These include the Strait of Malacca between Malaysia and Indonesia, the world’s most important shipping lane, linking the Indian Ocean to the South China Sea and carrying roughly 25 percent of global trade annually. It is also a vital artery for oil and energy flows to major Asian economies such as China, Japan, and South Korea.

NATO member states express “strategic concern” over China for several core reasons. First, China is rapidly modernizing its military, particularly in areas such as missile systems, space capabilities, and cyber operations, developments that are shifting the global balance of power.

Second, and closely linked, is China’s economic rise, reflected in initiatives such as the Belt and Road, which provide Beijing with avenues to expand its economic and political influence across Asia, Africa, and Europe. This expansion risks creating dependencies among countries in or near NATO’s strategic periphery.

Concerns are also fueled by growing ties between China and Russia, particularly following Russia’s invasion of Ukraine in February 2022, which could signal coordination between two major powers against the West.

At the same time, an indirect competition is underway over leadership in fields such as artificial intelligence, telecommunications networks, and semiconductors. NATO sees technological superiority as a core component of security.

The alliance has concluded partnership and cooperation agreements with Japan, South Korea, Australia, and New Zealand, encompassing joint military exercises, intelligence sharing, and political coordination. However, NATO does not appear to be planning an expansion of membership into the Indo-Pacific, instead favoring flexible partnerships over a permanent military presence.