Against the backdrop of the rapid expansion of private credit and its recent emergence as a source of investor concern, particularly in the United States, understanding the structure and vulnerabilities of private credit markets has important implications for financial and macroeconomic stability, including in Europe. This briefing provides an overview of the size, growth, and main features of the global private credit market, with a focus on the United States and Europe, and assesses the channels through which risks could affect financial stability. The first part outlines recent developments in private credit, including its growth as a major asset class, investor base, and return profile. The second part assesses key vulnerabilities, including risks, valuation uncertainty, leverage, data gaps, and growing interlinkages with bank and non-bank financial institutions. It also examines sectoral concentration, particularly exposure to software, AI-sensitive borrowers, and AI-related infrastructure financing. Finally, the briefing considers policy implications, highlighting the need to improve transparency, close data gaps, strengthen monitoring of exposures to banking and non-banking financial institutions, and ensure that risks are effectively assessed, priced, and disclosed, while preserving private credit’s role as a source of business financing. Source : © European Union, 2026 - EP

Nouveau remaniement du gouvernement Brotherson : exit Cédric Mercadal et Kainuu Temauri. Les ministres de la Santé et des Sports sont remplacés respectivement par Raihei Ansquer et Vanina Pommier. Changer les ministres dans une période où le RNS et les Jeux du Pacifique font la une, « c'est un peu inquiétant », estime Tepuaraurii Teriitahi. « On a besoin de stabilité quand on a de gros débats à avoir », souligne la représentante Tapura à l’assemblée.

Nouveau remaniement du gouvernement Brotherson : exit Cédric Mercadal et Kainuu Temauri. Les ministres de la Santé et des Sports sont remplacés respectivement par Raihei Ansquer et Vanina Potiron-Pommier. Changer les ministres dans une période où le RNS et les Jeux du Pacifique font la une, « c'est un peu inquiétant », estime Tepuaraurii Teriitahi. « On a besoin de stabilité quand on a de gros débats à avoir », souligne la représentante Tapura à l’assemblée.

La ressortissante américaine cas contact d’hantavirus « a pris la navette communale » lors de son passage à Mangareva, rapporte le maire de la commune, Vai Gooding, qui se dit « très inquiet », tout comme sa population. La personne concernée ne présente aucun symptôme et est actuellement à Pitcairn.

Parliament is set to vote during its May 2026 plenary session on the provisional agreement on a regulation aimed at shielding the EU steel market from the effects of global over-capacity. For the products covered, the regulation introduces lower import quotas and doubles the customs duty applied to imports exceeding the agreed quota, increasing it from 25 % to 50 %. The regulation also introduces stricter product traceability requirements and provides for frequent reviews of its scope. Source : © European Union, 2026 - EP

The United Kingdom's defence industry is being reshaped by Russia's war against Ukraine, intensifying strategic competition and resulting in a pledge to raise defence spending to 2.5 % of GDP. The UK 2025 Strategic Defence Review places industry at the centre of national security, linking nuclear renewal, munitions expansion and digital integration to procurement reform, innovation funding and an 'always on' mobilisation base. It reinforces a North Atlantic Treaty Organization-first posture, prioritises autonomy and artificial intelligence, and seeks to align economic growth with credible combat readiness. Expert assessments diverge on implementation. Some regard the review as a credible blueprint for restoring military strength through clearer prioritisation, industrial reform and technological acceleration. Others question whether funding at 2.5 % of GDP will suffice without harder trade-offs, structural procurement change and measurable benchmarks for technological adoption. Concerns focus on delivery risk, adapting force structures to modern warfare, recruitment constraints and the challenge of translating innovation rhetoric into scalable production at pace. European Union-UK defence cooperation reflects both strategic convergence and institutional friction. Deep industrial interdependence coexists with caps on third-country participation, which limit UK access to EU programmes, and unresolved questions of sovereignty and financial contribution. The 19 May 2025 Security and Defence Partnership established a structured political framework for dialogue and cooperation on Ukraine, cyber issues, hybrid threats and industrial collaboration, yet negotiations on fuller participation in EU programmes have stalled. The European Parliament has welcomed closer engagement and framed the UK as a key strategic partner, while many experts argue that pragmatic inclusion, regulatory alignment and strengthened industrial integration are essential to a credible European defence architecture in an era of heightened geopolitical turmoil. Source : © European Union, 2026 - EP

Parliament and Council negotiators reached agreement on the revision of the 2012 Victims' Rights Directive on 10 December 2025. The revised text strengthens the rights, support and protection of victims of crime, in particular by facilitating the reporting of crimes and improving the support services to victims with specific needs. Parliament is due to vote on the formal adoption of the agreed text during the May plenary session. Source : © European Union, 2026 - EP

During its May 2026 plenary session, Parliament is due to vote on whether to give its consent to the conclusion of a new protocol to the existing EU fisheries partnership agreement with the government of the Cook Islands. The new protocol would grant fishing opportunities to EU vessels in the Cook Islands' waters while also promoting the country’s sustainable management of fisheries resources. Source : © European Union, 2026 - EP

Issues at stake: • The European Investigation Order (EIO) is a judicial cooperation instrument used in criminal matters within the European Union, except for Denmark and Ireland. The EIO provides a comprehensive framework for simplifying and accelerating cross-border criminal investigations. • Available data indicate a steady rise in use of the EIO since it was introduced. • Directive 2014/41/EU on the European Investigation Order in criminal matters ('the EIO Directive') provides the legal framework. It has applied since 22 May 2017 and has generally been found to work well. • Nevertheless, recent reports have highlighted the need to address additional aspects of cross-border investigations. • The European Commission therefore proposes to make targeted legislative improvements to the EIO Directive. • The revision will focus on improving the cross-border gathering of evidence in criminal matters and facilitating remote videoconference participation of suspects, accused persons and victims of crime in court hearings. Source : © European Union, 2026 - EP

Le gouvernement de la Polynésie française a été informé ce matin qu'un cas contact d'Hantavirus a transité par Tahiti puis Mangareva le 7 mai 2026, sans que les autorités du Pays et de l’Etat en soient informées. La personne concernée ne présente aucun symptôme et est actuellement isolée en quarantaine à Pitcairn

En raison de la vigilance orange pour les fortes pluies maintenue sur l'archipel de la Société par Météo France, la commune de Papara a pris un arrêté pour interdire l'accès aux plages (notamment Taharu'u), ainsi que toutes les activités nautiques jusqu'à la levée de la vigilance orange.

C’est une victoire pour le patrimoine architectural de la commune d’Arue. L’ancienne mairie, connue sous le nom de « La Saintonge », a été classée monument historique par arrêté du conseil des ministres, le 6 mai dernier. Le bâtiment, qui célèbre ses 134 ans cette année, va donc pouvoir être restauré tel qu’il était à l’origine, et cela en bénéficiant de subventions de l’Etat et du Pays.

La vigilance orange pour les fortes pluies est maintenue par Météo France sur l'archipel de la Société. Plusieurs maisons sont inondées, des foyers privés d'électricité et des routes barrées, dont celle de Faaone, sur la côte Est de Tahiti.

En raison des mauvaises conditions météo et du maintien de la vigilance orange sur Moorea, le XTerra a été annulé tôt ce dimanche. Trois courses étaient prévues pour ce deuxième jour de trail.

Les fortes pluies tombées dans la nuit de samedi à dimanche ont provoqué de nombreux dégâts sur Tahiti. Éboulements, routes encombrées, inondations et coupures de réseaux ont mobilisé les secours une grande partie de la nuit et de la matinée.

Alors qu’un premier vote au Sénat est prévu le 19 mai, l’État joue contre la montre pour ouvrir le corps électoral aux natifs de Nouvelle-Calédonie et aux conjoints avant les prochaines élections provinciales. L’objectif : boucler le parcours législatif avant la clôture des listes électorales.

La cuisine centrale de Mahina a de nouveau été victime d'un vol avec effraction, découvert vendredi 8 mai. 350 kilos de denrées alimentaires ont été dérobés : les ingrédients prévus pour les repas de la cantine de lundi et mardi. Une enquête est en cours.

Un éboulement sans gravité s'est produit ce samedi matin, sur la route entre Papenoo et Tiarei. Il n'y a pas de blessé, mais la circulation est complètement fermée. Les engins de déblaiement doivent dégager la route.

Third-country nationals seeking asylum in the EU often lack knowledge of the local language, culture and legal system, making accessible legal advice and representation vital for ensuring their right to asylum and access to justice. While the 1951 Refugee Convention does not define asylum procedures, these preliminary stages determine whether protection is granted. The pact on migration and asylum, in force from June 2026, addresses this through two key regulations – the common procedure regulation and the asylum and migration management regulation – that aim to standardise procedures and strengthen fair access to legal aid across Member States. The common procedure regulation outlines rights to legal counselling, assistance and representation. Applicants may choose their own lawyer or request free counselling during the administrative stage, and free assistance and representation during appeals. Legal advisors must have unrestricted access to applicants and case files, even during detention. The asylum and migration management regulation defines how responsibility for asylum applications is allocated among Member States, guaranteeing free legal counselling during this determination process and legal assistance and representation when appealing transfer decisions. European case law confirms that legal aid is fundamental to effective judicial protection. The Court of Justice of the European Union and the European Court of Human Rights emphasise that access to legal aid must be practical and effective under Article 47 of the EU Charter of Fundamental Rights and Article 13 of the European Convention on Human Rights, respectively. Experts point to several legal aid challenges for asylum seekers. Legal aid systems vary widely between Member States, producing unequal access and outcomes across the EU. Impartiality concerns persist, particularly with regard to state-employed counsellors. Border and fast-track procedures constrain lawyers' time and access to clients, undermining effective defence. Experts caution that complex procedures and uneven national capacities may perpetuate gaps in protection. Thus, while the new regulations under the pact enhance EU‑wide standards, their success depends on Member States' Source : © European Union, 2026 - EP

A la veille du jour férié du 8 mai, ce jeudi toutes les écoles de Polynésie française ont célébré la Journée polynésienne. Une journée de cohésion éducative et culturelle qui s'inscrit dans la dynamique du ministère de l'éducation. Cette manifestation a réuni les élèves autour des langues, des chants, des danses et des pratiques traditionnelles du fenua.

Les élections provinciales calédoniennes seront ouvertes aux natifs et aux conjoints qui pourront se rendre aux urnes le 28 juin prochain. Une décision insuffisante pour les non-indépendantistes mais beaucoup trop large pour les indépendantistes.

Pour développer leur activité, de nombreux auto-entrepreneurs se heurtent encore à des refus de financement auprès des banques. Pour les accompagner, l’ADIE (Association pour le droit à l'initiative économique) propose des solutions de micro-crédit adaptées à leurs besoins.

Longtemps imaginée, mais difficile à mettre en place, la souveraineté alimentaire reste l’un des grands enjeux de la Polynésie française. Jean-Baptiste Tavanae, agriculteur, et Taivini Teai, ministre de l'Agriculture, ont échangé leurs points de vue, ce jeudi, en radiovision sur Polynésie la 1ère.

This briefing analyses, from a gender perspective, the proposal for a Regulation of the European Parliament and of the Council establishing the European Social Fund (ESF) for the period from 2028 to 2034 (2025/0239 (COD)) and compares it with the framework for the 2021–2027 period. The briefing examines changes in objectives, funding mechanisms, implementation, scrutiny and safeguards with regards to gender equality and puts forward concrete policy recommendations and suggested legislative improvements. This document was prepared by Policy Department for Citizens, Equality and Culture at the request of the European Parliament’s Committee on Women’s Right and Gender Equality. Source : © European Union, 2026 - EP

The global implementation of the Basel III standards is a cornerstone of financial stability and of a level playing field for banks worldwide. Given the size of the US economy and banking system in general, and the global reach of its largest banks in particular, the delay in US implementation of Basel III has become a growing concern, which we documented in an earlier briefing. In March 2026, US authorities have now published a new consultation paper that purports to pave the way towards the completion of Basel III in the US. In the present briefing, we aim to identify and assess US-specificities compared to the international standard. This analysis is not least relevant against the background of a recent ECB working paper that argued inter alia that EU banks would have “somewhat higher” capital requirements “on average” if subject to current US rules. Source : © European Union, 2026 - EP

The proposal for an EU chips act 2.0, scheduled for publication on 27 May 2026 as part of the Tech Sovereignty Package, will aim to strengthen Europe’s resilience and technological sovereignty in semiconductors. It is expected to address the EU's lack of manufacturing capacity for advanced semiconductor nodes and for other chip markets where the EU holds a competitive advantage, improve the monitoring of semiconductor markets, and simplify the regulatory framework. Source : © European Union, 2026 - EP

Il y a 80 ans, les Tamari'i volontaires rentraient au fenua après avoir combattu aux côtés des alliés. Pendant encore dix jours, une exposition autour de la Présidence est visible, avec de nombreuses photos. Quel héritage ces soldats ont-ils laissé, et pourquoi est-il important de se souvenir de leur bravoure ?

La Polynésie française serait-elle prête à faire face à un crash aérien majeur ? Victimes, décès, prise en charge des familles… c’est ce scénario qui a été orchestré toute la journée par le haut-commissariat. Un exercice grandeur nature organisé à l’aéroport même...où le dernier entraînement de ce type remontait à 2023

Concours, programme, jury, festivités.. : découvrez l’essentiel de l’édition 2026 du Heiva i Tahiti.

Sept personnes ont été interpellées la semaine dernière par les policiers de la brigade des stupéfiants de la police judiciaire de la DTPN 987. D’après les enquêteurs, une famille se livrait à la culture du cannabis à Huahine, et la drogue était ensuite écoulée à Tahiti.

The rapid integration of artificial intelligence into healthcare and daily life has the potential to deeply impact people's health and wellbeing, bringing health benefits but also introducing new challenges. Artificial intelligence (AI) has transformed healthcare by supporting clinicians in improving diagnostics, predicting health risks, and personalising treatments, particularly in fields such as radiology, oncology, cardiology, and rare diseases, as well as streamlining hospital management. It offers opportunities to make healthcare more effective, more accessible for all, with better outcomes for patients and national health systems. It also supports pharmaceutical development. Beyond clinical settings, AI chatbots and virtual assistants are widely used by citizens for health information and wellness advice, although these carry risks of misinformation and over-reliance. While AI offers benefits for vulnerable groups such as older adults, young people, and children, it also carries age-specific risks that require careful attention. For older adults, AI offers remote monitoring, assistive technologies, and companionship tools, but risks replacing rather than complementing human interaction. Young people and children using AI face serious risks including exposure to harmful content, emotional dependency, privacy violations, and reduced critical thinking. Across all age groups, excessive or poorly designed AI use is linked to anxiety, sleep disorders, sedentary behaviour, and social withdrawal. Designed to improve wellbeing and address loneliness, use of AI companions can backfire, potentially deepening isolation or even triggering mental health crises in vulnerable users. The EU AI Act and sector-specific legislation aim to govern these risks while fostering innovation. Realising AI's health benefits ultimately requires robust human oversight, strong safeguards, and digital skills, with a clear commitment to keeping human connection and care at the centre, as AI cannot replace face-to-face contact and community structures. Source : © European Union, 2026 - EP

This study provides an evidence based assessment of the value for money of EU transport investments in the 2028–2034 Multiannual Financial Framework proposal, examining how CEF Transport, cohesion funds, the European Competitiveness Fund, InvestEU and EIB lending interact and how flexibility and performance frameworks can best support TEN T completion, decarbonisation, security and cohesion objectives. Source : © European Union, 2026 - EP

La députée Mereana Reid Arbelot a interpellé la ministre des Outre-mer lors d’une séance de questions au gouvernement (QAG) sur les fonds promis pour renforcer la lutte contre l’ice et étoffer les effectifs du Civen. « L’engagement de l’État sera tenu », assure Naïma Moutchou.

In 2026, the European Commission is expected to publish a strategy on nuclear fusion. Nuclear fusion, i.e. the combination of two atoms into a single heavier one, has been known since the first half of the 20th century. Despite significant progress, the controlled and sustained fusion reaction required for practical energy production has not yet been fully mastered. This technology is deemed to offer significant opportunities for generating affordable, decarbonised energy. To expedite the pathway towards the proof of concept, a significant international cooperation project, the International Thermonuclear Experimental Reactor (ITER), was launched in 2007 by 34 countries, including the EU Member States. The progress in technological development made since then might pave the way for the technology to be ready for industrial use in the second half of the century. Countries such as China and the United States are investing in technological development, and have started designing framework conditions, including a conducive regulatory environment. With the current discussion on the next multiannual financial framework (MFF) for 2028-2034, the EU is also expected to support further investment in fusion technologies, mostly through the proposed EURATOM research and training and Horizon Europe programmes, which build on the current (2021‑2027 MFF) programmes. However, stakeholders are stressing the relevance of providing appropriate framework conditions in addition to commensurate investment. This includes providing a conducive regulatory framework, as well as the talent pool necessary to develop and deploy such technologies. Source : © European Union, 2026 - EP

EU funding for employment and social objectives has long been a substantial component of multi-annual financial frameworks. The proposals for the next MFF will see a new approach in which funding for these objectives will be encompassed within National and Regional Partnership Plans. This study compares the proposals for the current and next MFFs, the relevant legislation and expected governance reforms. It pays particular attention to the ramifications for the European Pillar of Social Rights and concludes with set of recommendations for the European Parliament to consider in responding to the MFF proposal. Source : © European Union, 2026 - EP