Eiffel Tower summit closes, 1,350 schools shut in France heat wave
France is facing a severe heat wave forcing nearly 1,350 schools to shut fully or partially, nearly double from the previous day....
A court in Mauritius has granted bail to former Finance Minister Renganaden Padayachy, who is facing fraud allegations over the suspected embezzlement of millions in public funds from a state-owned company set up to support pandemic-hit businesses.
A court in Mauritius has granted bail to former Finance Minister Renganaden Padayachy, who is facing fraud charges linked to the alleged embezzlement of funds from a state-owned company, according to his lawyer and the country’s financial crimes commission.
Padayachy and former central bank governor Harvesh Seegolam were arrested last week in connection with the reported misappropriation of 300 million Mauritian rupees (approximately $6.7 million) from the Mauritius Investment Corporation. The Corporation was established to support businesses affected by the economic impact of the COVID-19 pandemic.
Both Padayachy and Seegolam deny any wrongdoing. Seegolam was granted bail last week, and on Monday, Padayachy was also released on bail after the financial crimes commission confirmed it did not oppose the application.
Padayachy’s lawyer, Raouf Gulbul, welcomed the decision and stated that his client would remain available for any further questioning.
The current government, led by Prime Minister Navin Ramgoolam—who came to power following elections in November—has accused the previous administration, under which Padayachy and Seegolam served, of manipulating data related to economic growth, budget deficits, and public debt over several years.
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.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Prices for goods made in China and sold on Amazon.com are rising at a pace faster than overall inflation, signaling the growing impact of U.S. tariffs on consumers, a new analysis by retail analytics firm DataWeave reveals.
U.S. Secretary of State Marco Rubio convened his counterparts from India, Japan, and Australia on Tuesday for a high-stakes meeting of the Indo-Pacific Quad, aiming to reaffirm the group's commitment to countering China’s influence in the region.
A U.S. federal judge on Tuesday rejected Huawei Technologies Co Ltd's request to dismiss the majority of charges in a sweeping indictment, allowing the Chinese telecoms giant to face trial over allegations of trade secret theft, bank fraud, and sanctions violations.
France is facing a severe heat wave forcing nearly 1,350 schools to shut fully or partially, nearly double from the previous day.
The U.S. Justice Department announced charges against two Chinese citizens accused of spying inside the U.S. on behalf of Beijing.
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