Uzbekistan faces $1.5 billion hit if Middle East tensions disrupt Iran trade route
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure...
Hundreds of thousands of workers, students and pharmacists staged strikes and demonstrations across France on Thursday against looming budget cuts, intensifying pressure on President Emmanuel Macron and his new prime minister.
Teachers, train drivers, hospital staff and pharmacists joined the nationwide walkouts, while high school students blocked school entrances in Paris and other cities. Metro services in the capital were reduced to rush-hour operations, and regional train traffic was heavily disrupted.
“Workers are currently so despised by this government and by Macron that it can’t continue like this,” said Fred, a bus driver and CGT union representative at a rally in Paris. A teacher, Gaetan Legay, added: “I am here to defend public services … to demand that public money goes back into services rather than to large companies or in tax gifts to the ultra-rich.”
Unions are demanding the scrapping of austerity plans left over from the previous government, more spending on public services, higher taxes on the wealthy, and the reversal of pension changes that extended working life. An Interior Ministry source estimated up to 800,000 people could take part in the day’s protests.
France’s budget deficit last year was nearly double the EU’s 3% ceiling. Prime Minister Sébastien Lecornu, appointed after parliament ousted François Bayrou last week over a proposed €44 billion (about $47 billion) spending squeeze, has yet to clarify whether he will pursue those cuts but has signalled a willingness to compromise.
Unions have vowed continued mobilisation unless major changes are made. “The workers we represent are angry,” they said in a joint statement, calling the fiscal measures “brutal” and “unfair.”
The strikes extended beyond schools and transport. Pharmacists said up to 98% of pharmacies could close, EDF reported a 1.1-gigawatt reduction in nuclear output at its Flamanville reactor, and farmers’ unions blocked roads near Toulon.
Interior Minister Bruno Retailleau said police had dismantled blockades at bus depots in Paris and warned that up to 8,000 agitators might seek to provoke clashes. Some 80,000 officers were deployed nationwide with riot units, drones and armoured vehicles. Police reported more than 20 arrests by midday.
The disruption also delayed plans to move the 70-metre Bayeux Tapestry, a UNESCO-listed artefact depicting the 1066 Norman invasion, which is due to be loaned to Britain.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Britain will continue to support Ukraine “100 per cent” against Russia’s invasion, Prime Minister Andy Burnham said on Tuesday, after Moscow warned London of consequences over reports that British-made drones had been used in strikes on Russian territory.
Russia has summoned Japan’s ambassador to Moscow and delivered a strong protest over what it called “anti-Russian” remarks by Japanese Prime Minister Sanae Takaichi and Foreign Minister Toshimitsu Motegi concerning four disputed islands.
Pakistan is turning to more U.S. crude as disruption around the Strait of Hormuz exposes the risks of its heavy reliance on Gulf energy supplies.
U.S. Forces Korea (USFK) Commander Xavier Brunson visited South Korea's Defence Ministry on Tuesday to discuss plans to scale back the joint Ulchi Freedom Shield military exercise, according to media reports.
European countries are stepping up investment in drones and counter-drone technology as unmanned systems reshape modern warfare, driving demand for new production and capabilities across the continent.
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