"Choose France" summit to kick off as factory closures multiply

In France, Emmanuel Macron toured the French factory of German-owned Thermomix kitchen appliances on Friday… one of over 100 industrial and business sites opening to the public this weekend in the leadup to the French President's annual "Choose France" summit on Monday. Macron will be hosting some 200 foreign business leaders at Versailles palace, hoping to set a new record for foreign investment. But this comes as France's economy is struggling, with factory closures outnumbering openings, a soaring national debt, rising unemployment, and global economic setbacks due to the Iran war. Analysis by Renaud Foucart, senior lecturer in economics at Lancaster University Management School.