Riksbank Extends Tightening as Krona Weakness Fuels Prices
Sweden’s Riksbank raised borrowing costs and pledged accelerated bond sales, a response to stubborn inflation and a weak
2023-06-29 18:57
Paris riots – latest: Police officer who shot teen dead under investigation for homicide as 150 arrested
The police officer who fatally shot a 17-year-old boy in a Paris suburb has been placed under formal investigation for voluntary homicide, a French prosecutor said today. The announcement came as Paris witnessed a second night of violent protests with rioters setting cars and public buildings ablaze over the fatal police shooting of teenager Nahel during a traffic stop. Police arrested 150 people overnight, with French president Emmanuel Macron condemning the violence as “unjustifiable. The epicentre of the unrest was in Nanterre, a working-class town in the western outskirts of Paris. The killing, caught on video, shocked the country and stirred up long-simmering tensions between locals and officials in disadvantaged neighbourhoods around France. Clashes first erupted on Tuesday night in and around Nanterre, following which the government deployed 2,000 police to maintain law and order. “The last few hours have been marked by scenes of violence against police stations but also schools and town halls, and thus institutions of the Republic and these scenes are wholly unjustifiable,” Mr Macron said. Read More Second night of riots erupt in Paris over police shooting of teenager as 150 arrested Paris riots: Video shows police interacting with teenager during fatal traffic stop French National Assembly observes minute’s silence for teenager fatally shot by police
2023-06-29 18:47
UK Loses Appeal Over Controversial Rwandan Deportation Policy
The UK’s controversial plan to deport asylum seekers to Rwanda is unlawful, the Court of Appeal ruled on
2023-06-29 17:53
What is the UK's plan to send asylum seekers to Rwanda?
The Court of Appeal has ruled the government's Rwanda policy is unlawful.
2023-06-29 17:46
Macron Condemns Violent Clashes Over Police Killing of Teen
French President Emmanuel Macron condemned the violent clashes and unrest over the police killing of a teenager, which
2023-06-29 17:26
France police arrest 150 rioters as Macron says violence following shooting of teen ‘unjustifiable’
Police arrested 150 people overnight in France as the unrest over the killing of a 17-year-old boy during a traffic check spread across the country. The violence also drew sharp reaction from French president Emmanuel Macron who condemned it as "unjustifiable", while speaking at the start of a crisis meeting with senior ministers. The Interior Ministry said dozens of police officers were injured during the clashes. "A night of unbearable violence against symbols of the Republic: town halls, schools and police stations put ablaze or attacked. 150 arrests," said interior minister Gerald Darmanin on his Twitter account. The killing of a 17-year-old – known only as Nael M – on Tuesday during a traffic check in Nanterre, captured on video, shocked the country and stirred up long-simmering tensions between young people and the police in housing projects and other disadvantaged neighbourhoods around France. The purported clip of the incident showed two police officers leaning into the driver-side window of a yellow car. One officer fired into the window before the vehicle pulled. The car then crashed into a post nearby. The victim, who was driving the car, sustained a gunshot wound and died at the scene, the prosecutor’s office said in a statement. A passenger in the car was briefly detained and released, and police are searching for another passenger who fled. Clashes first erupted on Tuesday night in Nanterre, a town west of Paris, and nearby, with violence resuming on Wednesday after nightfall, as the police and firefighters struggled to contain protesters and extinguish numerous blazes. Fires could be seen burning at some intersections in the suburb and protesters shot fireworks at police, video from the suburb showed the national police service reporting skirmishes in multiple cities overnight, from Toulouse in the south to Lille in the north. According to AFP, a prison in Fresnes was also attacked by rioters, with wire agency saying that at least 20 men attacked the jail entrance with fireworks and projectiles. Around 2,000 riot police were deployed to Paris and suburbs, said Mr Darmanin. Multiple vehicles were set ablaze in Nanterre and protesters shot fireworks and threw stones at police, who fired repeated volleys of tear gas. Flames shot out of three stories of a building, and a blaze was reported at an electrical plant. Fire damaged the town hall of the Paris suburb of L’Ile-Saint-Denis, not far from France‘s national stadium and the headquarters of the Paris 2024 Olympics. French soccer star Kylian Mbappe tweeted: "I hurt for my France." Nael’s mother called for a silent march Thursday in his honor on the square where he was killed. French activists renewed calls to tackle what they see as systemic police abuse, particularly in neighborhoods like the one where Nael lived, where many residents struggle with poverty and racial or class discrimination. The government officials including the president earlier condemned the killing of the teen. Mr Macron earlier described the death as “inexplicable and inexcusable” and said “nothing justifies” a young person being killed. He however, called for calm and said the judiciary would do its work. In a Twitter post earlier on Wednesday, Mr Macron said he shared the pain of Nael’s family while also urging “calm and respect”. He however, appeared to soften his language towards the police somewhat, as he expressed gratitude to the forces of law and order who “protect us”. The police officer accused of the killing is in custody on suspicion of manslaughter and could face preliminary charges as soon as Thursday, according to the Nanterre prosecutor’s office. Bouquets of orange and yellow roses now mark the site of the shooting, on Nanterre’s Nelson Mandela Square. Speaking to parliament, prime minister Elisabeth Borne said, “the shocking images broadcast yesterday show an intervention that appears clearly not to comply with the rules of engagement of our police forces”. Deadly use of firearms is less common in France than in the United States, though several people have died or sustained injuries at the hands of French police in recent years, prompting demands for more accountability. France also saw protests against racial profiling and other injustice in the wake of George Floyd’s killing by police in Minnesota. Asked about police abuses, Macron said justice should be allowed to run its course. A lawyer for Nael’s family, Yassine Bouzrou, told the Associated Press they want the police officer prosecuted for murder instead of manslaughter. Additional reporting from the wires Read More French police, protesters clash in multiple towns after 17-year-old killed by police Macron calls fatal shooting of teenager by police ‘inexcusable’ Mbappé and France teammates Maignan, Koundé express criticism after police kill teenager Macron calls fatal shooting of teenager by police ‘inexcusable’ Mbappé and France teammates Maignan, Koundé express criticism after police kill teenager
2023-06-29 15:59
Ipsen Gets FDA Advisers’ Backing for Rare Bone Disease Drug
Ipsen SA’s drug for a rare bone disease got support from a panel of US drug regulatory advisers,
2023-06-29 15:21
UK Bond Trading Is Surging as Wealthy Brits Grab Tax-Free Gilts
Wealthy UK investors are buying up gilts at a frenetic pace to take advantage of tax perks and
2023-06-29 14:22
Russia-Ukraine war live: Moscow ‘arrests General Armageddon’ over Wagner rebellion
Russian General Sergei Surovikin has been reportedly arrested for allegedly having knowledge about Yevgeny Prigozhin’s attempted coup over the weekend. The defence ministry is yet to officially comment on the alleged arrest of “General Armageddon”, who has not been seen in public since last Saturday, when the Wagner chief launched an armed rebellion against Vladimir Putin. “Apparently, he [Surovikin] chose Prigozhin’s side during the uprising” and they have gotten ahold of him, a source was quoted by Moscow Times as saying. Meanwhile, Belarusian president Alexander Lukashenko said he persuaded Mr Putin not to “wipe out” Wagner mercenary chief, in response to what the Kremlin cast as a mutiny. While describing his Saturday conversation with Mr Putin, the Belarusian president used the Russian criminal slang phrase for killing someone, equivalent to the English phrase to “wipe out”. “I also understood: a brutal decision had been made (and it was the undertone of Putin‘s address) to wipe out” the mutineers, he said, according to Belarusian state media. It comes as twin girls and a child are among 12 people killed in a Russian strike on a restaurant in the city of Kramatorsk using a supersonic Iskander missile, authorities in Ukraine have said. Read More All we know about Kramatorsk pizza restaurant missile strike that killed twin sisters Twin sisters, aged 14, among at least 11 dead in Russian missile strike on pizza restaurant in Ukraine Joe Biden says Putin is ‘clearly losing the war in Iraq’
2023-06-29 13:19
Romanian Leu Poised to Gain on Inflows From $1.9 Billion IPO
Hundreds of millions of euros heading into Romania during a major share offering are set to add pressure
2023-06-29 10:19
Centerbridge Co-Founder Gallogly to Host Biden Fundraiser in NYC
Longtime Wall Street executive Mark Gallogly and his wife, Lise Strickler, will host a fundraiser at their home
2023-06-29 09:17
Powell and Central Bankers See More Tightening as Economies Withstand Hikes
The global economy and inflation have so far proved surprisingly resilient to a barrage of interest-rate increases, prompting
2023-06-29 06:58