Breaking 17:50 Dogecoin longs surge raises risk of liquidation cascade 17:30 Morocco strengthens its position in electric vehicles despite European challenges 17:20 World water day highlights UN warning of global water crisis 17:00 TotalEnergies shifts $1 billion from offshore wind to U.S. oil and gas 16:50 Capcom rules out generative AI content in video games 16:45 Czech coalition plans partial defunding of public media 16:30 Air France extends flight suspensions to Dubai, Riyadh, Tel Aviv, and Beirut 16:20 Lyme disease vaccine shows over 70 percent efficacy in phase 3 trial 16:18 XBOW secures $120 million and integrates AI pentesting with Microsoft 16:15 Russia and Vietnam sign agreement to build nuclear power plant 16:00 Ukraine explores gas supplies from Mozambique amid global energy crisis 15:54 Kandou AI raises $225 million to scale AI chip infrastructure 15:50 Morgan Stanley upgrades US LNG exporters after Qatar supply disruption 15:45 Italy’s Meloni narrowly loses justice referendum, exit polls indicate 15:45 Grab expands beyond Southeast Asia with $600 million Taiwan deal 15:30 Marseille murder: eight suspects arrested in Mehdi Kessaci case 15:27 Ancient clay beads reveal children’s role in prehistoric craftsmanship 15:20 Middle East conflict threatens up to 3 percent GDP loss in Asia Pacific 15:15 IndiGo appoints former Air India Express CEO as chief strategy officer 15:06 Love Brand 2025 | Adidas among the most appreciated international brands by consumers in Morocco 15:00 Kenya Airways sees surge in flight demand amid Middle East conflict 14:50 Astronomers map 12 billion years of a spiral galaxy’s evolution 14:45 HSBC appoints first chief AI Officer to drive efficiency and innovation 14:30 DoorDash launches emergency support program as fuel prices surge for gig workers 14:20 US agencies ordered to patch iPhone flaws linked to DarkSword spyware 14:15 Hong Kong expands police powers to access digital devices 14:00 Italy seeks new gas supplies as Meloni visits Algeria amid Qatar disruptions 13:50 Crypto fear index plunges to extreme lows amid market selloff 13:45 19-years-old candidate ends 43-years mayoral era in French municipal election 13:30 Hungary Foreign Minister accused of sharing sensitive EU information with Russia 13:20 Nikkei plunges nearly 5 percent as Middle East tensions rattle Asia 13:15 Red meat prices in Morocco set for temporary decline amid surge in imports 13:00 Itochu and JOGMEC boost investment in South African platinum mine expansion 12:50 Dollar surges as Trump ultimatum to Iran nears deadline 12:20 Goldman Sachs raises oil forecasts as Hormuz crisis disrupts supply 12:15 Pakistan vows to “eradicate terrorist threat” as truce with Afghanistan ends 12:00 London ambulances targeted in anti-semitic attack 11:50 KPMG introduces AI kill switches amid rising autonomous agent risks 11:45 OpenAI offers attractive private equity deals in enterprise AI race 11:30 Reliance Jio prepares for landmark IPO amid telecom and tech expansion 11:20 Berkshire Hathaway buys $1.8 billion stake in Tokio Marine 11:17 Bitcoin rally could trigger $5 billion short squeeze near $75,000 11:15 Vincent Bolloré to testify before public broadcasting inquiry on March 24 11:10 “Like a woman” campaign promotes global recognition of female leadership 11:00 Swiss tourist faces jail for criticizing Bali religious festival 10:50 IAEA chief says war cannot eliminate Iran nuclear program 10:45 US stock futures drop as Middle East tensions shake rate-cut expectations 10:30 Taiwan opposition leader says improving China ties doesn’t mean being anti-US 10:20 Avian flu outbreaks surge globally as spring migration begins 10:15 Elon Musk announces ambitious AI chip manufacturing project 10:00 Danone moves into protein market with huel acquisition 09:55 Laila Benjelloun Touimi drives inclusive leadership and sustainability strategy 09:50 China urged to cut forex reserves and reduce US Treasury holdings 09:45 European stocks drop sharply at Monday opening amid oil and Middle East tensions 09:30 Indian sugar mills boost exports amid weak rupee and rising global prices 09:21 Global energy crisis surpasses 1970s shocks amid Iran standoff 09:20 Nvidia CEO criticizes AI layoffs as lack of vision 09:15 Former French Prime Minister Lionel Jospin dies at 88 09:00 Monte dei Paschi faces governance tensions as CEO role comes under scrutiny 08:50 Helium shortage from Iran conflict disrupts global chip supply 08:45 Italy fines Trustpilot €4 million over misleading consumer practices 08:37 Brent oil hits highest level since 2022 amid Iran conflict 08:30 Starmer condemns ‘deeply shocking’ antisemitic attack on ambulance service in London 08:20 Earth climate reaches unprecedented imbalance, warns WMO report 08:15 China warns of ‘vicious cycle’ if Middle East conflict escalates 08:00 Greece opens trial over 2023 train crash that killed 57 people 07:50 Gold extends sharp decline as rate cut hopes fade in March 07:45 Finnair selects Embraer over Airbus for narrow-body fleet renewal 07:30 Chinese commerce minister meets Volkswagen and Bosch leaders to discuss trade ties 07:15 Air Canada plane collides with vehicle at LaGuardia airport, traffic disrupted 07:00 Thailand faces deadline to erspond to U.S. Section 301 trade investigation

International Press Review - September 20, 2024

Friday 20 September 2024 - 08:26
International Press Review - September 20, 2024

French

New French Government Expected Before Sunday

France is set to welcome its new government "before Sunday," according to statements made by Michel Barnier on Thursday evening. Barnier has submitted a list of 38 ministers to President Emmanuel Macron, including 16 full ministers. Notable names include Bruno Retailleau from Les Républicains, who will head the Ministry of Interior, and Jean-Noël Barrot from MoDem, expected to take on Foreign Affairs.

The Prime Minister's office has confirmed that the government presentation is imminent, subject to the usual ethical verifications. This ministerial reshuffle marks a key step for the French executive in an ever-evolving political context.

Source: Le Figaro
 

National Strike of Medical Analysis Laboratories Starting September 20

Medical analysis laboratories are preparing for a national strike starting September 20, following a call from the inter-union of liberal medical biologists, supported by their public sector colleagues. This mobilization comes in response to the National Health Insurance's decision to impose fee reductions for examinations in August.

From Friday, private laboratories, which serve an average of 500,000 patients daily, will close their doors for four days. During this period, no examinations or samples will be taken, except for urgent analyses for hospitalized patients.

Jean-Claude Azoulay, president of the National Union of Medical Biologists, stated that "all major groups support the movement" and in many regions, all laboratories will remain closed. The mobilization of medical biologists is expected to be particularly strong and widely followed.

Source: Le Monde
 

Telecommunications: Niel and Drahi, Two Contrasting Visions at the Heart of a Stagnant Sector

At the Olympia, Xavier Niel, founder of Free, shares his advice on "how to become a billionaire" with the public. In the shadows, Patrick Drahi, owner of SFR, prepares his own show titled "how to escape creditors."

But beyond individual performances, what's really happening in the telecommunications sector? Not much, in reality. Despite recent reports from Letta and Draghi, which call for urgent concentration of the European sector to ensure long-term competitiveness, market share distribution remains stagnant. The impact of a potential easing of competitive regulations by Brussels seems, for now, unlikely to change this stagnation.

Source: Les Echos
 

Italy 

Floods in Emilia-Romagna: An Alarming Toll

Emilia-Romagna is once again under water, for the third time in 16 months, due to the torrential rains of cyclone Boris. The toll is concerning: a thousand people evacuated, two missing, and numerous roads and schools closed. Rivers are overflowing, flooding houses, while firefighter helicopters perform rescues from rooftops.

President Mattarella thanked those providing assistance, while the government pointed fingers at the region, claiming it had not used all available funds. Opposition leader Schlein denounced it as an "electoral scandal."

Source: La Repubblica
 

Spain

European Parliament Recognizes Edmundo González as "Legitimate" President of Venezuela

The European Parliament has voted in favor of recognizing Edmundo González as the "legitimate and democratically elected" president of Venezuela, supported by the European People's Party (EPP), Meloni's radical right, the German far-right, and the Vox group. Five Portuguese Socialist MEPs also voted in favor of this resolution, marking an exception within the social-democratic family, which largely rejected this initiative.

Spanish socialists, in particular, expressed their disagreement, calling the EPP "alone with the far-right." They left negotiations on Tuesday, stating that no European socialist would vote for the EPP resolution. "There is no position other than 'no'," they declared, emphasizing that the rapid recognition of Edmundo González as the winner of the elections is hardly useful given previous precedents, notably that of Juan Guaidó.

Source: El Mundo


Puigdemont Again Challenges Amnesty Refusal in Supreme Court

Former Catalan President Carles Puigdemont has decided to once again challenge the decision of "procés" instructor Pablo Llarena, who rejected his request for amnesty. This time, Puigdemont is asking the criminal chamber of the Supreme Court to review the magistrate's refusal. Llarena had already been supported by the judges who sentenced the independence leaders of the October 1 referendum, considering that the misappropriation of which Puigdemont is accused falls under the exceptions provided by law.

In a 46-page document, obtained by El Periódico, Puigdemont's lawyer, Gonzalo Boye, emphasizes that "the instructor has not ruled within the legally established deadline on the reform appeals filed against the July 1 order" which refused amnesty. Boye claims that the magistrate has "far exceeded the deadline" provided for in Article 222 of the Criminal Procedure Act, which he considers a "violation of the right to a trial without undue delay."

Source: elPeriodico

Portugal 

Specialized Team to Investigate Forest Fires in Portugal

Portuguese Prime Minister Luís Montenegro recently announced the formation of a "specialized team" to deepen the criminal investigation into forest fires. However, details regarding the precise missions of this team remain unclear, according to information reported by DN.

Currently, two "multidisciplinary teams for ignition reduction" are already on the ground, one in the North region and the other in the Center region, the areas most affected by fires since Sunday. These teams will also receive support from public prosecutors, in accordance with the decision taken during the extraordinary Council of Ministers on September 17.

Following this meeting, the Prime Minister confirmed the creation and reinforcement of these teams, which have existed for three years under a different name, namely the Working Groups for Ignition Reduction in Rural Areas. Their mission remains unchanged: "To strengthen the investigation of rural fires, particularly in territories where causes remain undetermined or are of criminal origin."

Source: Diário de Noticias
 

United states

Kamala Harris and Oprah Winfrey Campaign in Michigan

Vice President Kamala Harris is joining Oprah Winfrey for a campaign event in Michigan, leveraging the influence of one of her most renowned ambassadors to mobilize voters in this key state.

Oprah Winfrey endorsed Kamala Harris last month by delivering a passionate speech at the Democratic National Convention, marking her first intervention at a party convention.

Meanwhile, former President Donald J. Trump was focusing on his campaign in Washington, where he addressed Jewish voters at an event alongside Miriam Adelson, a major conservative donor, before participating in a conference of the Israeli-American Council, a pro-Israel group. Observers are waiting to see if Trump will mention Mark Robinson, the Republican candidate for governor in North Carolina, who has recently faced criticism following a troubling CNN report.

Source: New York Times


Germany

CDU Faces Governance Challenges in Thuringia and Saxony

Party leaders in Thuringia and Saxony are engaging in delicate negotiations to form governments following recent regional elections. A recurring question emerges: will the CDU consider an alliance with the Sahra Wagenknecht Alliance (BSW) to obtain a majority?

Friedrich Merz, CDU chairman, stated on Monday evening in Berlin that a coalition with the BSW in Thuringia or Saxony was "very, very, very unlikely." Despite this, he mentioned the possibility of tolerance or other forms of collaboration. Merz's main objective is to prevent the election of Björn Höcke, AfD candidate, as Minister-President in Thuringia. He thus wishes to ensure that he has explored all available options.

Source: Der Spiegel
 

Japan

Icom Denies Any Involvement in Hezbollah-Related Explosions

Japanese manufacturer Icom, whose walkie-talkies are associated with recent explosions targeting the armed group Hezbollah in Lebanon, has firmly denied any responsibility in the production of explosive devices. These attacks caused the death of 25 people and injured hundreds of others.

Yoshiki Enomoto, director of Icom, told Reuters in an interview in Osaka that "it is impossible for a bomb to have been integrated into one of our devices during manufacturing. The process is highly automated and fast, so there is no time for such things."

The detonations of portable radios used by Hezbollah occurred on Wednesday in the suburbs of Beirut and in the Bekaa Valley, following explosions of electronic pagers on Tuesday, which killed at least 12 people, including two children, and injured 3,000 others.

Source: Asahi Shimbun


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