The Central Bank of Kenya has issued newly designed currency notes to modernize the nation's currency system. These notes feature the latest security measures, including color-changing effects and the addition of the National Treasury's Principal Secretary's signature. The Sh1,000 note was introduced first, with other denominations to follow and the older notes to remain in circulation until they gradually fade away.
Moody's has raised alarms about France's ability to manage its debt after recent legislative elections resulted in a hung parliament. The credit agency is concerned that political uncertainty may stymie efforts to reduce the national deficit, which has already surpassed targets. Finance Minister Bruno Le Maire also voices worries about fiscal discipline amid potential higher public spending.