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List of All Articles with Tag 'euro'

Far-right parties on the rise across Europe
Far-right parties on the rise across Europe
Success in Germany and Greece boosts hard-right parties; now they are eying Spanish elections.
2023-06-30 08:53
UK Business Confidence Rebounds to a 13-Month High, Lloyds Says
UK Business Confidence Rebounds to a 13-Month High, Lloyds Says
UK business confidence rose to a 13-month high in June as firms shrugged off another Bank of England
2023-06-30 07:24
‘This is war’: France burns amid angry protests after teenager shot dead by police in Paris suburb
‘This is war’: France burns amid angry protests after teenager shot dead by police in Paris suburb
The stones and fireworks flew towards the police from the hands of protesters, while it was not long before vehicles were ablaze – acrid black smoke drifting into the air and mixing with the tear gas released into the crowds by officers. "This is war" said one protester as he loaded his pockets from a flower bed in preparation for the advancing police. These were the latest clashes in a spate of violence stretching into a third evening in the wake of a teenager shot dead by police during a traffic stop in the Paris suburb of Nanterre. The officer involved in the shooting of 17-year-old Nahel M is facing preliminary charges of voluntary homicide and was placed under arrest, as President Emmanuel Macron struggles to contain spiralling public anger over the killing. There had been more than 180 arrests on Wednesday, with around 40,000 officers deployed across France, 5,000 around the Paris suburbs alone, on Thursday evening to quell any further clashes. Local authorities in Clamart, about five miles from central Paris, imposed a nighttime curfew until Monday. Valerie Pecresse, who heads the greater Paris region, said all bus and tram services were halted after 9pm as people prepared for more violent protests. “It's millions of euros of public service gone up in smoke, it's millions of public money from working-class neighbourhoods,” Ms Pécresse said of the clashes. “It's irresponsible, it's wrong, and it has to stop.” The afternoon began with the largely peaceful march – with thousands participating – in honour of the French-Algerian teenager, led by his mother Mounia. That was in stark contrast to the clashes across the previous two nights, where fires were set and official buildings like town halls were attacked. As for the march, Nahel's mother was leading the crowd from the roof of a rented van when the procession came to a halt at the Place Nelson Mandela in Nanterre – just metres away from where her son was shot – when the tear gas rolled in. She later told broadcaster France 5 that she doesn't resent the whole police force - just the officer who fired the lethal shot that killed her son. "I don't blame the police," Mounia said, before adding that the officer "didn't have to kill my son". A police presence had been notably absent throughout the 90-minute ‘marche blanche’, but the crowd’s chants were directed at them: “No Justice, No Peace”. When the lines of officers finally appeared, those mourning Nahel’s death finally had a target for their anger. There had been no signs of violence before the first canisters of tear gas dropped into the crowd, but as soon as the clouds began to billow, dozens of protesters retaliated with fireworks pointed in the direction of armoured police. Loose concrete was thrown at nearby buildings, smashing their glass facades, while a nearby digger was set alight. Protesters scrawled "Vengeance for Nahel" across buildings and bus shelters. The unrest has spread to other French cities, from Toulouse in the south to Lille in the north, as frustrations over police violence erupted in scenes reminiscent of the Paris riots of 2005. Then, unrest convulsed France for three weeks and forced then-president Jacques Chirac to declare a state of emergency. That wave of violence erupted in the Paris suburb of Clichy-sous-Bois and spread across the country following the death of two young people electrocuted in a power substation as they hid from police. Two officers were acquitted in a trial ten years later. Not since that year has there been a protracted crisis of this kind. This time the spark was the shooting of Nahel during Tuesday's morning rush hour. He initially failed to stop after the Mercedes AMG he was driving, with two passengers inside was spotted in a bus lane. Two police officers caught up with the car in a traffic jam. When the car made to drive off, one officer fired at close range through the driver's window. Nahel died from a single shot through his left arm and chest, Nanterre public prosecutor Pascal Prache said. He added: "The public prosecutor considers that the legal conditions for using the weapon have not been met". Lawyers for Nahel's family have called the killing "an execution". A view shared by Green party leader Marine Tondelier who said that "what I see on this video is the execution by police of a 17-year-old kid, in France, in 2023, in broad daylight" The officer has acknowledged firing a lethal shot, the prosecutor said, telling investigators he wanted to prevent a car chase, fearing he or another person would be hurt after the teenager allegedly committed several traffic violations. The lawyer for the charged officer, Laurent-Franck Lienard, told French media: "Having devoted his life to protecting people and ensuring the law is respected, he is now being detained for having had to use his firearm as part of his job." Nahel – who was too young to own a full driving license in France – was known to police for previously failing to comply with traffic stop orders, Mr Prache said. Police initially said one officer had shot at the teenager because he was driving his car towards him. That version was quickly contradicted by a video circulating on social media. The video shows two police officers beside a Mercedes AMG car, with one shooting at the driver at close range as he pulled away. Nahel was an only child raised by his single mother, who had been studying for an electrician’s certificate, according to French media. He had also joined a community rugby project. The lawyers for his family lawyers said he was “well liked” locally, while his grandmother Nadia called him a “good, kind boy”. Tuesday's killing was the third fatal shooting during traffic stops in France so far in 2023, down from a record 13 last year, a spokesperson for the national police said. A figure that was noted by some of the placards in the march. There were three such killings in 2021 and two in 2020, according to a Reuters tally, which shows the majority of victims since 2017 were Black or of Arab origin. President Macron had called the killing "unforgivable" on Wednesday and said at the start of emergency meeting to discuss the crisis on Thursday he called the attacks on public buildings and other violence "totally unjustifiable". "The professionals of disorder must go home," the interior minister, Gerald Darmanin, said, speaking from the northern town of Mons-en-Baroeul where several municipal buildings were set alight. While there's no need yet to declare a state of emergency — a measure taken to quell weeks of rioting in 2005 — he added: "The state's response will be extremely firm." He also said that scores of police had been injured throughout the clashes with protesters. Residents around Nanterre are preparing for a long night on Thursday, with parking spaces emptying around the centre as people fear their car being set alight. Several burnt-out vehicles still line the road from last night, with authorities unable to clear it in time before today’s trouble broke out. Several fires were already burning by late-evening – with one engulfing the ground floor of a building, where a bank is located – and the sound of sirens could be heard all over Nanterre. “The whole sky is black,” says one protester, who asked not to be named. “The police caused this mess.” Read More French suburbs are burning. How a teen's killing is focusing anger over police tactics France police shooting latest: Paris commune implements overnight curfew after officer charged with homicide Riots in Paris: Where are the French riots and why are they happening? French suburbs are burning. How a teen's killing is focusing anger over police tactics Who is Nahel? The teen shot dead by police in France France’s highest administrative court says the soccer federation can ban headscarves in matches
2023-06-30 03:56
Riots in Paris: Where are the French riots and why are they happening?
Riots in Paris: Where are the French riots and why are they happening?
France’s President Emmanuel Macron is chairing a crisis meeting of senior ministers in the wake of a second night of rioting following the police killing of a 17-year-old boy, identified as Nahel, in the Paris suburb of Nanterre. There were 150 arrests across the country into Thursday. Police and firefighters struggled to contain protesters and extinguish numerous blazes through the night that damaged schools, police stations and town halls or other public buildings, according to a spokesperson for the national police. Authorities also re fires or skirmishes in multiple cities overnight, from Toulouse in the south to Lille in the north – although the nexus remained Nanterre and the surrounding areas. What happened during the shooting? The 17-year-old, identified as Nahel, was driving a car on Tuesday morning when he was pulled over for breaking traffic rules, prosecutors said. The teenager was too young to hold a full driving license in France. Police initially reported that one officer had shot at the teenager because he was driving his car towards him. But this version of events was quickly contradicted by a video circulating on social media. On Thursday, The Nanterre prosecutor said that witness statements, CCTV video footage, amateur video footage, and statements from police offers were being used to piece together the timeline of events from Tuesday morning. Pascal Prache confirmed that two motorcycle police noticed a Mercedes, with one young driver and two passengers travelling quickly in a bus lane at 7:55am on Tuesday. Police twice attempted to indicate to the car to pull over and park, but the driver continued driving and the two police pursued the vehicle. The Mercedes had to stop at a at a traffic light, at which point the police asked the driver to turn off engine and exit the vehicle. The police officers said they drew their weapons and aimed them at the driver to stop him from taking off in the vehicle. However, the driver did pull away at which point the police decided to shoot. A bullet hit the driver through arm and chest, and the car crashed. One of the passengers fled. Firefighters were called to the scene at 8:21am. They provided first aid to the driver which was unsuccessful. The officer who fired a single shot said he wanted to prevent the car from leaving and because he feared someone may be hit by the car, including himself or his colleague, according to Mr Prache. The police officer is being investigated for voluntary homicide for shooting Nahel. Based on an initial investigation, the prosector Mr Prache said, he concluded that "the conditions for the legal use of the weapon were not met." How did the riots begin? Nahel was of North African descent. The incident has fed longstanding complaints of police violence and systemic racism inside law enforcement agencies from rights groups and within the ethnically diverse suburbs that ring major cities in France. 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. Tuesday’s killing was the third fatal shooting during traffic stops in France so far in 2023. Last year there were a record 13 such shootings, a spokesperson for the national police said. There were three such killings in 2021 and two in 2020, according to a Reuters tally, which shows the majority of victims since 2017 were Black or of Arab origin. Clashes first erupted Tuesday night in and around the Paris suburb of Nanterre, where Nahel was killed. Bins were set alight and some protesters threw fireworks at police. Officers used tear gas on the crowds. The government deployed 2,000 police to maintain order Wednesday. But violence resumed after dusk. How far have the riots spread? Police and firefighters struggled to contain protesters and extinguish numerous blazes through the night that damaged schools, police stations and town halls or other public buildings, according to a spokesperson for the national police. The national police on Thursday reported fires or skirmishes in multiple cities overnight, from Toulouse in the south to Lille in the north, though the nexus of tensions was Nanterre and other Paris suburbs. Police arrested 180 people around the country on Wednesday night, more than half of them in the Paris region. The interior minister, Gerald Darmanin, said 170 officers had been injured in the unrest but none of the injuries were life-threatening. The unrest has revived memories of riots in 2005 that convulsed France for three weeks and forced then-president Jacques Chirac to declare a state of emergency. That wave of violence erupted in the Paris suburb of Clichy-sous-Bois and spread across the country following the death of two young people electrocuted in a power substation as they hid from police. Two officers were acquitted in a trial ten years later. What has been the response from the government? President Emmanuel Macron held a crisis meeting with senior ministers over the shooting on Thursday morning and Mr Darmanin announced afterwards that 40,000 policemen would be deployed across the country, including 5,000 in the Paris region, on Thursday evening to put on end to the unrest. "The response of the state must be extremely firm," Mr Darmanin said. Both Darmanin and the prime minister, Elisabeth Borne, have ruled out declaring a state of emergency for now. On Wednesday, Mr Macron had said the shooting was unforgivable. As he convened his emergency meeting he also condemned the unrest. "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," he said. Reuters and the Associated Press contributed to this report Read More French suburbs are burning. How a teen's killing is focusing anger over police tactics ‘This is war’: France burns amid angry protests after teenager shot dead by police Who is Nahel? The teen shot dead by police in France France’s highest administrative court says the soccer federation can ban headscarves in matches Paris commune implements overnight curfew after officer charged with homicide AP News Digest 3:15 am
2023-06-30 03:46
European Markets Get a Step Closer to a Consolidated Tape
European Markets Get a Step Closer to a Consolidated Tape
The European Union cleared a significant hurdle toward unifying its financial markets with a provisional deal to create
2023-06-30 02:21
Madeleine McCann news – latest: Prime suspect’s friend claims Scotland Yard ‘ignored crucial information’
Madeleine McCann news – latest: Prime suspect’s friend claims Scotland Yard ‘ignored crucial information’
A former friend of Christian Brueckner, the prime suspect in the ongoing Madeleine McCann case, has claimed that he revealed crucial information to Scotland Yard in 2008 but was ignored. In his first public interview, Helge Busching claimed that the jailed paedophile had told him “She didn’t scream” during a conversation about the missing three-year-old. He told German outlet Bild that he had contacted the special hotline to report Brueckner’s comments but failed to receive a response. After leaving prison in 2017 and hearing about the 10th anniversary of her disappearance, he made a second call. Brueckner, who is currently serving a prison sentence for raping a pensioner, was named as a prime suspect in 2020. Last month, a reservoir in Portugal was searched by police after sources claimed that Brueckner had described it as a “little slice of paradise” while living near the Praia de Luz resort. Scotland Yard has been contacted for comment. Read More Sixteen years and countless heartbreaks: Where are Madeleine McCann’s family now? Madeleine McCann case: Timeline of the missing child’s disappearance Who is Christian Brueckner? Madeleine McCann suspect and the accusations against him
2023-06-30 01:29
Tiffany’s NYC Flagship Store Escapes Damage From Nearby Fire
Tiffany’s NYC Flagship Store Escapes Damage From Nearby Fire
Smoke that billowed outside Tiffany & Co.’s New York flagship location on Thursday morning was from a transformer
2023-06-30 00:59
H&M leads Europe's STOXX 600 higher, rate hike jitters weigh
H&M leads Europe's STOXX 600 higher, rate hike jitters weigh
By Amruta Khandekar, Matteo Allievi, Bansari Mayur Kamdar (Reuters) -European shares edged higher on Thursday with Swedish retailer H&M rallying
2023-06-30 00:27
Who is Nahel - teen shot dead by police in France
Who is Nahel - teen shot dead by police in France
French president Emmanuel Macron held a crisis meeting as Francewas gripped by violence for a second day on Thursday over the police killing of a teenager of North African descent. Clashes first erupted on Tuesday night in and around the Paris suburb of Nanterre, where the teen, identified as Nahel M, 17, was shot during a traffic check. Nahel's last name has not been released by authorities or his family. His mother has called for a silent march on Thursday in his honour in the square where the teenager was killed. "I lost a child of 17-year-old, they took my baby," the mother, who has not been named, said in a TikTok video. "He was still a child, he needed his mother. This morning he gave me a big kiss and told me he loved me. I told him be careful and I loved him." According to his mother, they both had left the house together. While he went to get a McDonalds takeout, she left for work. "And then I am told they shot my son, what can I do," the heartbroken woman said. "I only had him. I didn't have 10 like him. He was my life, my best friend. He was my son, He was my everything." The victim's grandmother, who also remained unidentified said: “I will never forgive them. My grandson died, they killed my grandson. We are not happy at all, I am against the government." “They killed my grandson, now I don't care about anyone, they took my grandson from me, I will never forgive them in my life, never, never, never.” A video shared on social media showed two police officers beside a Mercedes AMG car, with one shooting at the teenage driver at close range as he pulled away. He died shortly afterward from his wounds, the local prosecutor said. The teenager, who was too young to hold a full license in France, was driving illegally, a source familiar with the investigation told Reuters. The Nanterre prosecutor said the boy failed on Tuesday to obey the officers’ orders. A lawyer for Nahel's family, Yassine Bouzrou, said they want the police officer prosecuted for murder instead of manslaughter. He said he would file an additional complaint for false testimony over the allegation that the victim had tried to run over the police officer. Police arrested 150 people during a second night of unrest, interior minister Gerald Darmanin said, as public anger spilled onto the streets in towns and cities across the country. Some 40,000 police officers will be deployed overnight to quell violence that engulfed cities and towns, the ministry said, adding that 5,000 alone will be sent to Paris. President Macron said the killing was “inexplicable and inexcusable” and called for calm. “Nothing justifies the death of a young person,” he told reporters in Marseille on Wednesday. Read More Paris riots – latest: Police officer who shot teen dead under investigation for homicide as 150 arrested Paris riots: Video shows police interacting with teenager during fatal traffic stop French police, protesters clash in multiple towns after 17-year-old killed by police Who is Nahel? The teen shot dead by police in France France mobilising 40,000 police to stop fresh violence after officer kills teenager Russia has ‘arrested’ General Armageddon over Wagner mutiny – war news live
2023-06-29 21:50
ECB Hiking Critics Keep Up Political Heat From Portugal to Italy
ECB Hiking Critics Keep Up Political Heat From Portugal to Italy
Criticism of European Central Bank monetary tightening is persisting, with a new round of attacks on Thursday from
2023-06-29 21:28
France Braces for More Clashes After Police Killing of Teen
France Braces for More Clashes After Police Killing of Teen
French authorities were bracing for another night of protests Thursday over the police killing of a teenager earlier
2023-06-29 20:26
Sunak’s Flagship Rwandan Deportation Policy Ruled Unlawful
Sunak’s Flagship Rwandan Deportation Policy Ruled Unlawful
Rishi Sunak suffered a major blow Thursday after London judges ruled his attempt to deport asylum seekers to
2023-06-29 19:48
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