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French President François Hollande has demanded answers from US President Barack Obama about the National Security Agency\'s spying on French citizens. In a statement, Hollande also expressed his deep disapproval of Washington\'s eavesdropping on millions of French people\'s phone calls. Hollande said spying activities between allies are not acceptable because it is a violation of French citizens\' privacy. Meanwhile the US says some claims by the French press about its information gathering are distorted. Earlier, the US State Department announced that it does not want to see its ties with France damaged due to the issue.

Figures released by the Committee of French Car Makers show that in the past 6 months, the number of new cars sold in the country has dropped by 11 percent compared to last year\'s figures. French brands dominate the country\'s roads. And they are the biggest victims too. Peugeot Citroen has lost 9,5 percent of the market figures and Renault has lost 4 percent in just one month : a clear sign that the French now see cars as less of a necessity. The forecasts for the next six months show the car industry will continue to go suffer in the coming months. New figures now show the French car industry is now in deep trouble. Experts say this will certainly have a great impact on the French economy. This leaves almost no doubt that France is in a recession and may not escape it anytime soon. Anustup Roy, Press TV, Paris

Shares in French automakers PSA Peugeot Citroen and Renault have soared after the landmark nuclear deal between Iran and the P5+1. Shares in Peugeot jumped nearly 4.5 percent while Renault shares rose to above one-percent in afternoon trade on Monday. The nuclear deal signed early Sunday fuels expectations that the two French car makers could quickly re-enter the Iranian market. Iran used to be Peugeot\'s second-biggest market in car sales volumes before Western sanctions against Tehran were toughened. Last year, the car-maker halted sales to Iran to comply with the sanctions, costing it nearly 10 percent of its global vehicle deliveries. Renault announced a nearly 700 million-dollar write-down because of damage to its business in Iran.

[10 Sept 2012] Mystery surrounds slain of British-Iraqi family in French Alps - English

[05 Nov 2012] French president visits Lebanon - English

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