European stocks fall as Trump tariff threats rattle markets
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening i...
U.S. President Donald Trump described the French court’s decision to bar far-right leader Marine Le Pen from the 2027 presidential election as a “very big deal,” comparing her situation to his own legal troubles.
Le Pen, 56, was convicted of embezzling European Union funds to benefit her party, resulting in a five-year public office ban that cannot be suspended by appeal. She also received a four-year prison sentence, with two years suspended, two years under home detention, and a fine of 100,000 euros ($108,200).
“I know all about it, and a lot of people thought she wasn't going to be convicted of anything,” Trump told reporters at the White House on Monday evening. “But she was banned for running for five years, and she's the leading candidate. That sounds like this country, that sounds very much like this country.”
The ruling has provoked sharp reactions from Le Pen’s allies in France and far-right leaders across Europe. France's High Council of the Judiciary condemned the backlash, warning that personal threats against magistrates and political statements about the case are unacceptable in a democratic society.
Le Pen, leader of the National Rally (RN), remains a prominent figure in European far-right politics and was considered a front-runner for the 2027 presidential election. However, the court’s decision represents a major setback for her political career.
Trump, who himself faced legal battles before winning the 2024 presidential election, suggested that Le Pen’s conviction was politically motivated. Federal charges against Trump were dropped following his 2024 election victory.
While some have praised the French court’s decision as a victory for judicial independence, others claim it was an attempt to sideline Le Pen from the political arena. The controversy continues to fuel debate over political interference and the integrity of democratic institutions.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
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