Author: News Desk

The invitation had been belatedly extended by the Elysée Palace. British Prime Minister Keir Starmer’s visit to Paris for the November 11 Remembrance Day ceremonies went far beyond the historic tribute to the soldiers who died in the Great War. As France and the United Kingdom celebrate the 120th anniversary of their Entente Cordiale this year, Starmer, above all, came to flesh out his plans for rapprochement with the European Union and its main member states. At a time when Donald Trump’s return to the White House is prompting a large part of the European continent to quake in fear,…

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In August 2018, the real estate portal Idealista hung a sign from a block of flats in Madrid that has since been seen daily by hundreds of thousands of drivers traveling in the north of the capital’s most famous ring road: “There is more life.” beyond the M-30″. When this message appeared, it could be understood as an invitation to explore the real estate market beyond the central area, where prices were already excessive for an average Madrid family. The fact is that the cartel is still there in 2024, but things have changed substantially. In these years, rent has…

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“How is it possible that with everything donated, there are people in Valencia who have nowhere to live or what to eat?” “They need to explain to me where the money from so many donations is… I have many friends affected and so far no one has seen a euro.” “Where are the donations? Who controls the money? Will it get lost along the way?” These are some messages from users of the the enormous amount raised in a wave of solidarity unprecedented in the history of Spain. This newspaper has asked the main NGOs what amount they have collected…

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The wave of bankruptcies in German retail continues: Now Kodi has to pull the ripcord. The company points to falling sales and increased costs. Experts are not surprised – and see the industry under pressure.The wave of insolvencies in German retail continues. This time affected: the non-food discounter Kodi. The retailer, which currently has 238 branches and an online shop, has applied for so-called protective shield proceedings at the district court in Duisburg. This special type of insolvency is possible for companies that are threatened with over-indebtedness but are currently still liquid. There must also be a positive continuation forecast.The…

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French Prime Minister Michel Barnier on Thursday announced a major concession in a bid to end a standoff with the opposition over the budget, which has caused jitters on financial markets and risks bringing down his minority government. FRANCE 24’s Sharon Gaffney speaks to Renaud Foucart, Senior Lecturer in Economics, at Lancaster University. French PM Barnier announces concession in bid to end budget standoff

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Chad said on Thursday that it was ending its defense cooperation pact with former colonial power France in a decision that could see French soldiers withdraw from the Central African country. “The government of the Republic of Chad informs national and international opinion of its decision to end the accord in the field of defense signed with the French Republic,” Chad’s Foreign Minister Abderaman Koulamallah said in a statement on his ministry’s official Facebook page. However, “This is not a break with France like Niger or elsewhere,” Koulamallah told AFP. Chad spurns French support The former colony said that the…

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South Korea’s largest K-pop agency Hybe lost over $423 million in market cap on Friday after rookie group NewJeans announced it was terminating its contract with Hybe sub-label ADOR. The announcement, which follows a months-long management dispute between ADOR and Hybe, sent the company’s shares plunging as much as 6.97% on Friday. The five-member girl group, formed in 2022, said in a press conference late Thursday that it was leaving the agency, claiming ADOR had breached its contract with the band. “Staying here would be a waste of time and would only bring pain, mentally,” group member Hanni said. “There…

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The European Union is poised for a fresh chapter as the new von der Leyen Commission, led by President Ursula von der Leyen, prepares to take office on December 1. Following a vote in Strasbourg, Members of the European Parliament (MEPs) gave their confidence to the new College of Commissioners, marking the start of an ambitious five-year term. In her address to the European Parliament, President von der Leyen presented her vision for Europe, emphasizing freedom as the core principle of the European Union. “Because fighting for freedom connects us as Europeans. Our past and our present. Our nations and…

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A series of human errors caused a New Zealand navy ship to plough into a reef off the coast of Samoa, where it caught fire and sank, according to the preliminary findings of a military Court of Inquiry into the disaster released on Friday. The ship’s crew did not realise autopilot was engaged, believed something else had gone wrong with the ship, and did not check the HMNZS Manawanui was under manual control as it maintained course towards land, a summary of the inquiry’s first report published on Friday said. The full report has not been made public. All…

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