Author: staff

Bitcoin and gold prices hit new records on Sunday and Monday, fuelled by growing financial uncertainty linked to the US government shutdown, and worsened by a fresh political crisis in France. Less than a month after his appointment, French Prime Minister Sébastien Lecornu resigned on Monday, unsettling stocks and bonds in Europe’s second-largest economy. Gold prices were nearing $4,000 an ounce at the start of the week, boosted by expectations of further rate cuts by the US Federal Reserve, before retreating to below $3,970 around 10.00 CEST on Tuesday. Demand for the precious metal has steadily risen since the beginning…

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Trump had called Thunberg “angry” and a “troublemaker” after her detention and subsequent deportation by Israel, after the 42-boat-strong Global Sumud Flotilla attempted to deliver humanitarian aid to Gaza, but was intercepted by Israeli forces. “She’s just a troublemaker. .. She’s no longer into the environment now. She has an anger management problem. I think she should see a doctor,” Trump told reporters. “Have you ever watched her? She’s a young person. She’s so angry, she’s so crazy.” It’s not the first time the former U.S. president and the climate activist have clashed. A previous spat in June saw Trump…

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The European Commission will probably stay in the saddle after the two no-confidence votes pencilled in at the European Parliament on Thursday — one proposed by the far-right Patriots for Europe (PfE) group and the other by The Left.  However, the outcome of the votes could reveal just how widespread discontent with Ursula von der Leyen is among MEPs. Toppling the European Commission is a goal that is extremely difficult to achieve. At least two-thirds of the votes cast, representing a majority of all MEPs, are needed for a motion of censure to be approved, which would force the Commission to resign. This…

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Wealthy countries have been found to have lifestyle carbon footprints up to 17 times higher than climate targets, and there is one big culprit. A new report from the Hot or Cool Institute has warned that meeting the Paris Agreement and limiting global warming to below 1.5°C will be “virtually impossible” without also addressing inequality and overconsumption. The Berlin-based thinktank analysed the lifestyle carbon footprint for 25 countries, covering high, upper-middle, and lower-middle incomes – the broadest assessment of its kind. It found that high-income countries must slash their average lifestyle emissions by 82 to 94 per cent. However, none…

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Philippe has already announced his intention to run in the next presidential election, and polling shows he could make the runoff and face whichever candidate from the far-right National Rally stands in the contest. If Macron were to resign immediately, a new presidential election would have to be held within 20 to 35 days. His term is currently scheduled to end in the first half of 2027. According to one centrist politician, who was granted anonymity to speak candidly, Philippe was under growing pressure from within his own party, Horizons, which he founded in 2021 and has worked with Macron.…

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The government crisis in the United States continues. On Monday evening, another shutdown vote in the Senate failed to get the necessary support of 60 votes as Democrats rejected the short-term funding measure passed by the Republican majority in the House of Representatives. Such a short-term measure, also called “continuing resolution”, would keep federal agencies open through 21 November. As the shutdown enters its second week, Democratic and Republican leaders remain locked in a standoff about the way forward. It was not immediately clear what comes next. No tangible signs of negotiations have emerged between Congressional leaders since US President Donald…

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Sam and Anne have attended the late-night Conservative conference parties and have news from those – as well as the day ahead. It’s ‘law and order’ day in Manchester – Robert Jenrick will unveil plans to abolish the sentencing council to end what some Tories call “two-tier justice system”. But Jenrick is at the centre of another story – calling the Handsworth area of Birmingham one of the “worst integrated places” he had ever seen. Sam and Anne discuss if he will mind having those comments out there. And, on the second anniversary of 7 October, the prime minister warns…

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In the midst of negotiating a long-awaited trade deal with India, European Commissioner for Trade Maroš Šefčovič is facing a real headache: how to avoid a clash with Pakistan while resisting pressure from India to recognise the Indian origin of the long-grained, fragrant basmati rice. “This is of course one of the issues which is on the list,” Šefčovič admitted on 12 September as he was back from a round of negotiation in New Delhi. New discussions are taking place in Brussels this week, as both India and the European Union have set themselves the goal of reaching a trade…

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