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Bank of Russia Governor Elvira Nabiullina stated that the central bank will consider cutting interest rates at its next meeting if the current economi...
France’s constitutional court ruled that politicians can be barred from office immediately if convicted of a crime, raising the possibility that far-right leader Marine Le Pen could be disqualified from the 2027 presidential race if found guilty in her upcoming embezzlement trial.
France's constitutional court on Friday ruled local politicians can be barred from office immediately if convicted of a crime, leaving the door open for far-right leader Marine Le Pen to potentially be barred from the 2027 presidential race in an embezzlement trial concluding on Monday.
National Rally (RN) leader Le Pen, who leads polls for the 2027 presidential vote, accuses prosecutors of seeking her "political death" by asking judges to bar her from office for five years if convicted.
Should Le Pen receive a so-called "provisional execution" ban, which would be effective immediately even if she appeals, she would be unable to stand in the 2027 election. She has denied wrongdoing.
Robin Binsard, a lawyer who represents another disbarred politician, said the court's ruling was "absolutely" negative for Le Pen as "the judges retain the possibility of ordering ineligibility with provisional execution".
The court in Friday's case dismissed a challenge from a disbarred Mayotte councilman who disputed the legality of his "provisional execution" ban, which means having to quit their jobs immediately if convicted, rather than waiting for an appeals process to run its course.
In its ruling, the court said the "provisional execution" of an ineligibility sentence did not infringe on rights such as freedom of expression and so was legal.
In Le Pen's case, prosecutors have asked judges to impose an immediate five-year ban regardless of any appeal, via the same "provisional execution" measure.
A provisional execution ban would not see Le Pen removed from her seat in parliament until her mandate ends, but it would prevent her from running in any fresh electoral contest.
Le Pen, the RN and some two dozen party figures are accused by prosecutors of diverting over 3 million euros ($3.27 million) of European Parliament funds to pay staff working for the party in France.
The defendants say the money was used legitimately and that the allegations incorporate too narrow a definition of what a parliamentary assistant does.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
A delegation from Azerbaijan, led by MP Qaya Məmmədov, took part in the annual session of the Organisation for Security and Cooperation in Europe Parliamentary Assembly (OSCE PA), held from 28 June to 3 July in Porto, Portugal.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legislation has now been sent to President Donald Trump for his signature.
Former UK Labour leader Jeremy Corbyn has hinted at forming a new party with fellow independent MPs before the next general election.
Russia has officially become the first country to recognise the Taliban government in Afghanistan, marking a significant shift in diplomatic relations.
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