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03.12 / 13:45
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Rift Over Fossil Fuels to Dominate COP28
DUBAI—World leaders gathered for climate talks in this oil-rich corner of the globe amid sharp divisions over how quickly governments need to wean their economies off fossil fuels to prevent the planet from blowing past the Paris accord’s temperature targets. Vice President Kamala Harris was expected to join Brazilian President Luiz Inácio Lula da Silva, French President Emmanuel Macron and a host of leaders from across the Gulf region Friday at the start of a two-day summit to kick off the United Nations’ annual climate talks, known as COP28.
03.12 / 09:59
03.12 / 02:57
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German tourist stabbed to death in Paris 'terror' attack
Paris on Saturday before being arrested, officials said. The attack took place close to the Eiffel Tower during a busy weekend night and came with the country on its highest alert for attacks as tensions rise against the background of the war between Israel and Hamas. «We will not give in to terrorism,» Prime Minister Elisabeth Borne wrote on X, formerly Twitter, after the attack. President Emmanuel Macron said he was sending his condolences to the family of a German killed in the «terrorist attack». French anti-terror prosecutors said that they would now take on the investigation. The attacker was known to authorities as a radical Islamist and was being treated for mental illness, Interior Minister Gerald Darmanin said at the scene by the River Seine,adding that the man had shouted «Allahu Akbar» («God is greatest») before being arrested. He fatally stabbed the German tourist, born in 1999, with a knife and then used a hammer to attack others as he sought to escape on the other side of the River Seine. The area by Bir Hakeim bridge, usually thronging with tourists and locals, was cordoned off by police and bright with the flashing lights of security forces and emergency services. 'Violently threatened them' The Paris prosecutor's office said the attacker, born in 1997, is French and has been arrested in an investigation into murder and attempted murder. Darmanin said the man had already been sentenced in 2016 to four years in prison for planning another attack which he failed to carry out. «A man attacked a couple who were foreign tourists.
02.12 / 15:53
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Israel-Hamas war 'will be long’: Israel says war in Gaza not 'bound by time'
Israeli military stated that it conducted air force and artillery operations targeting Hezbollah locations in Lebanon. This action was taken in response to rockets being launched at several Israeli outposts in close proximity to the border. As the crisis threatens to spill out of control, world leaders have started deliberating on a new peace deal.
02.12 / 03:41
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#Melodi: Italian PM Giorgia Meloni posts about meeting good friend PM Modi at COP28
Narendra Modi met his Italian counterpart Giorgia Meloni on the sidelines of the United Nations' ongoing 28th Conference of the Parties (COP28) in Dubai on December 1. In a photo post on social media site X (formerly Twitter), Modi wrote in Italian: “Met PM Giorgia Meloni of Italy on the sidelines of the COP28 Summit. Looking forward to collaborative efforts between India and Italy for a sustainable and prosperous future." Also Read: Italy PM Giorgia Meloni applauds PM Modi calls him the ‘most loved leader’ of the world Meloni in turn also posted a selfie with the Indian PM saying, “Good friends at COP28.
23.11 / 10:16
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European stocks edge higher ahead of key PMI data, ECB minutes
Investing.com — European stock markets edged higher Thursday, as investors awaited the minutes from the October ECB meeting as well as the latest regional business activity data.
20.11 / 11:43
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France and Germany's relationship is at the heart of the EU. Why has it gone sour?
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19.11 / 16:41
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G20-led summit for Africa highlights renewed interest in fast-growing continent
By Sarah Marsh and Andreas Rinke
11.11 / 10:25
11.11 / 02:21
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As Gaza death toll rises, Israel faces pressure to protect Palestinian civilians
Gaza as the death toll rose and fighting intensified between Israeli forces and Hamas militants near and around hospitals. Global calls for Israeli restraint increased as the number of Palestinians killed rose above 11,000 in a five-week-old Israeli bombardment launched against Hamas in retaliation for its deadly Oct. 7 rampage in southern Israel. In his strongest comments to date on the plight of civilians caught in the Gaza cross-fire, U.S.
10.11 / 13:43
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Annual private capital mobilisation by multilateral development banks needs to quadruple to $240 bn by 2030: N K Singh
Annual private capital mobilisation by multilateral development banks needs to quadruple to $240 billion by 2030, co-chair of the Independent Expert Group of MDB reforms set up under India’s G20 presidency N K Singh said, while cautioning against a piecemeal approach to reform of these institutions. Speaking at the Paris Peace Forum at a session on “Achievements since the Summit for a New Global Financing Pact”, moderated by French President Emmanuel Macron, Singh asserted that MDBs required a tectonic makeover. “The next 12 months are crucial to translate the current fervour into changes in process, procedures, and hopefully changes for better outcomes…. I worry about a piecemeal approach to reforms, and institutions acting in silos,” Singh said, adding that a change is needed in the management culture on many fronts. The first volume, submitted to the G20 in July at Gandhinagar, had recommended enhancing their sustainable level of own-account non-concessional finance to $300 billion annually. The second volume handed before the Marrakech G20 ministerial has suggested introducing new instruments – pooled portfolio guarantees and hybrid capital — and inclusion of new investors into the MDB capital stack, as part of steps to diversify the sources of capital.
08.11 / 14:23
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France drops worker permit clause from contentious immigration bill
France's much-debated immigration bill veered towards the right overnight as senators removed an article that would have facilitated residency permits for undocumented migrant workers in sectors struggling to find staff. President Emmanuel Macron's plans to overhaul migration legislation in France has long been delayed as it struggles to find enough support, underlining the difficulty of lacking an absolute majority in parliament. The government had tried to please the left and right with a carrot-and-stick approach that would have sped up the expulsion of illegal migrants while making it easier to obtain residency permits for those who work in sectors in high need of workers, whether it be to work in a restaurant or take part in harvests. Tuesday night's agreement — pushed by conservative and centre-right senators — could increase the likelihood of the bill passing, since it relied on votes from the right. Before that change was adopted at committee level overnight, members of the conservative Les Republicains in the National Assembly had planned to abstain on the law, a source from Macron's Renaissance party said. The lower house of parliament will have the final word on the law in December. But Tuesday's move also created tensions among the majority's ranks, suggesting debate on the bill is far from over. «They're doing as if there were no employees without documents or employers that need these skills.
01.11 / 02:03
24.10 / 20:21
24.10 / 20:21
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Bonds rebound, equity traders await tech earnings
Global bond markets rebounded, with the US 10-year yield sliding to 4.8%, amid growing speculation that the recent selloff was excessive. Nasdaq 100 index futures rose ahead of earnings from Microsoft Corp. and Alphabet Inc.
24.10 / 13:09
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Macron proposes anti-Islamic State coalition fights Hamas
Emmanuel Macron proposed on Tuesday that an international coalition fighting against Islamic State in Iraq and Syria be widened to include the fight against the Palestinian militant group Hamas in Gaza. Macron gave no detail on how the U.S.-led coalition of dozens of countries, of which Israel is not a member, could be involved. Speaking alongside Israeli Prime Minister Benjamin Netanyahu in Jerusalem, Macron stressed that France and Israel shared terrorism as their «common enemy». «France is ready for the international coalition against Daesh in which we are taking part for operations in Iraq and Syria to also fight against Hamas,» he told reporters, referring to Islamic State. Macron, who warned against the risks of a regional conflict, also said the fight against Hamas «must be without mercy but not without rules». Israeli Prime Minister Benjamin Netanyahu did not directly comment on Macron's proposal but said the fight was a battle between the «axis of evil» and «the free world». «This battle is not merely our own… it's everybody's battle,» he said. The U.S-led coalition fighting Islamic State was formed in September 2014. What began as a major military operation that helped «deliver the military defeat of Daesh in Iraq and Syria», is now focusing on advising and assisting local partners, including with reconnaissance and intelligence, to ensure the group cannot reclaim lost ground, the coalition says on its website. It operates primarily in Iraq. Thirty French citizens were killed by Hamas militants in their attack on southern Israel on Oct.
21.10 / 03:35
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Day 15 Israel-Hamas War: 2 American hostages released from grip of Hamas after ‘secret talk’. Top 10 updates
Also Read: Israel-Hamas War LIVE Updates 3. US President Joe Biden has sought more than $105 billion from Congress as part of a package aimed at delivering security assistance to address the ongoing conflicts in Ukraine and Israel, CNN reported. Biden said, “The request will help mitigate the global humanitarian impacts of Russia's brutal invasion of Ukraine and of Hamas' horrific attacks on Israel, including by extending humanitarian assistance to civilians in Gaza." 4.
17.10 / 02:03
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Hamas releases hostage video of Franco-Israeli woman
Hamas released a video on Monday showing a statement from one of the captives seized in last week's devastating attack on Israel. In the footage, the woman, whose injured arm is shown being treated by an unidentified medical worker, identifies herself as 21-year-old Mia Schem and asks to be returned to her family as quickly as possible. A representative of the family, which was among a group of French families that appealed last week to President Emmanuel Macron to help free their missing relatives, confirmed her identity to Reuters. At least 199 Israelis and foreigners were seized by Hamas gunmen and taken captive in the attack, which killed 1,300 people, the largest number of dead in a single day in Israel's 75-year history. The Israeli military issued a statement, saying it was in constant touch with Schem's family and condemning Hamas as a «murderous terrorist organization». It said it was using «all intelligence and operational measures» for the return of the captives. «In the video, Hamas is trying to portray itself as a humane organization, while it is a responsible for the murder and abduction of babies, women, children, and elderly,» it said. Earlier, Hamas' armed wing said non-Israelis kidnapped on Oct.
16.10 / 13:35
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European Union offers a new growth plan to Western Balkans, partly opening the single market
Leaders from the European Union offered a new growth plan to the Western Balkans at a summit in Albania’s capital on Monday, opening parts of the EU single market and asking for deep-rooted reforms ahead of membership in the bloc for the six countries ...
15.10 / 12:57
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‘War crime’, ‘attempted genocide’: How some Jews around the world denounced Israel's Gaza bombardment
“war crimes" and attempting “genocide". This criticism comes even as world leaders, including US President Joe Biden, French President Emmanuel Macron and UK Prime Minister Rishi Sunak, among others, have backed Israel's "right to self defence". “As a Jew, I do not accept that what Israel is doing to Gaza fits the category of self-defence.
14.10 / 08:49
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France mobilises 7,000 troops for extra security patrols
PARIS (Reuters) — French President Emmanuel Macron has ordered 7,000 soldiers to be mobilised for increased security patrols, his office said on Saturday, a day after a teacher was stabbed to death in an Islamist attack.
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