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French political turmoil sends European stocks down, Wall Street edges up

European stock markets and shares in French banks fell Tuesday as investors fretted over fresh political turmoil in France.The Paris stock market tumbled and French borrowing costs rose over fears that France’s minority government could be toppled, after Prime Minister Francois Bayrou proposed a confidence vote to break an impasse over his proposed budget cuts.”Delaying …

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Israeli forces raid exchange office in West Bank’s Ramallah

Israeli forces raided the occupied West Bank city of Ramallah on Tuesday, targeting a currency exchange and, according to the Red Crescent, leaving dozens of Palestinians wounded.Israel carries out frequent raids across the West Bank, where tensions have remained high throughout the Gaza war, but incursions into central Ramallah — seat of the Palestinian Authority — are relatively rare.A military statement said that “forces conducted a targeted raid on a currency exchange business that transfers terror funds to Hamas”, the Palestinian militant group whose October 2023 attack on Israel triggered the ongoing war in Gaza.The forces arrested five people “suspected of terrorist activity” and confiscated “hundreds of thousands of shekels that were identified as terror funds”.The Palestine Red Crescent Society said that the Israeli operation left at least 27 people wounded, eight of them by live fire, 14 by rubber bullets and five by shrapnel. Another 31 people were treated for tear-gas inhalation.An AFP journalist saw soldiers on the ground around Al-Manara Square in the city centre and on balconies overlooking it.”Special forces suddenly stormed” the area, said witness Ihab Abu Sneineh, a 22-year-old shopkeeper.”We didn’t know what was happening,” he told AFP, adding that the forces were “storming from all directions” before entering an exchange office near his shop.Palestinians were throwing stones at troops as they began the operation, the AFP journalist said.Witnesses told AFP that the army withdrew in the early afternoon.According to the Red Crescent, its teams treated a 12-year-old boy shot in the back and a 71-year-old man wounded in the raid.The medical organisation also accused Israeli forces of impeding the evacuation of wounded people.Since the Gaza war began, Israeli raids on Palestinian population centres, particularly in the northern West Bank, have intensified.Previous Israeli operations, earlier this year and in December 2023, have similarly targeted currency exchange offices.Egypt condemned Tuesday’s raid and the “aggressive and extremist Israeli policies”, dubbing Israel “the main source of destabilisation in the region”.Since the start of the Gaza war, Israeli troops or settlers in the West Bank have killed at least 972 Palestinians, including militants and civilians, according to an AFP tally based on Palestinian Authority figures.In the same period, at least 36 Israelis, both civilians and security forces, have been killed in attacks or during military operations in the territory, according to Israeli figures.Israel has occupied the West Bank since 1967.vid-lam-crb-ds/ami/jsa

Israeli protesters demand hostage deal as cabinet set to meet

Protesters demanding an end to the Gaza war and the return of hostages to their homes took to the streets in Israel on Tuesday ahead of a security cabinet meeting scheduled for the evening.Demonstrators blocked roads in commercial hub Tel Aviv, where they waved Israeli flags and held up pictures of the hostages, AFP journalists reported. Israeli media said others rallied near the US embassy branch in the city, as well as outside the houses of various ministers. “Prime Minister (Benjamin) Netanyahu prioritises the destruction of Hamas over releasing the hostages,” said Ruby Chen, whose son was abducted by militants in October 2023. “He believes it is OK and it is a valid alternative to sacrifice 50 hostages for political needs,” he said in a speech to one of Tuesday’s demonstrations.Protests were expected to swell in Tel Aviv later in the day. The agenda of the security cabinet meeting has not been officially confirmed, but Israeli media reported that it could be to discuss ongoing negotiations for a ceasefire and hostage release deal.The cabinet approved a plan in early August for the military to take over Gaza City, triggering fresh fears for the safety of the hostages and a new wave of protests that has seen tens of thousands take to the streets. Netanyahu last week ordered immediate talks aimed at securing the release of all remaining captives in Gaza, while also doubling down on the plans for a new offensive to seize Gaza’s largest city. That came days after Hamas said it had accepted a new ceasefire proposal put forward by mediators that would see the staggered release of hostages over an initial 60-day period in exchange for Palestinian prisoners held by Israel.In Doha, Qatari foreign ministry spokesman Majed al-Ansari told a regular news conference that mediators were still “waiting for an answer” from Israel to the latest proposal. “The responsibility now lies on the Israeli side to respond to an offer that is on the table. Anything else is political posturing by the Israeli side.”- Journalists killed -Israel has been under mounting pressure both at home and abroad to wrap up its campaign in Gaza, where the war has created a humanitarian crisis and devastated much of the territory.On Monday, Israeli strikes hit a Gaza hospital, killing at least 20 people, including five journalists working for Al Jazeera, the Associated Press and Reuters, among other outlets.Governments around the world, including staunch Israeli allies, expressed shock at the attack.Netanyahu later expressed regret over what he called a “tragic mishap”, and the Israeli military ordered an inquiry. The war in Gaza has been one of the deadliest for journalists, with around 200 media workers killed in the Israeli assault now in its 23rd month, according to press watchdogs.The war was sparked by Hamas’s October 2023 attack on Israel, which resulted in the deaths of 1,219 people, mostly civilians, according to an AFP tally based on Israeli figures.Out of 251 hostages seized during the attack, 49 are still held in Gaza including 27 the Israeli military says are dead.Israel’s retaliatory offensive has killed at least 62,819 Palestinians, most of them civilians, according to figures from the health ministry in Hamas-run Gaza that the United Nations considers reliable.

Israel raid wounds 14 in West Bank’s Ramallah: Red Crescent

The Israeli army raided the West Bank city of Ramallah on Tuesday, leaving 14 people wounded as troops fanned out across the city centre, the Palestinian Red Crescent said.Tensions have remained high in the occupied West Bank since Hamas’s October 2023 attack on Israel which sparked the Gaza war, with repeated raids by the Israeli army on Palestinian population centres, particularly in the north. The Red Crescent said at least 14 people were wounded in the latest raid. Seven were hit by live rounds, while the rest were injured by rubber bullets or tear-gas inhalation. It added that Israeli forces were “preventing our teams from reaching the injured in a besieged area”.An AFP journalist saw soldiers on the ground around Al-Manara Square in the city centre and on balconies overlooking it. The Israeli army confirmed it had launched an operation in the area but did not provide more details.Although the army has carried out frequent operations in the cities and refugee camps of the northern West Bank, it has done so relatively rarely in Ramallah, headquarters of the Palestinian Authority.Palestinians were seen throwing stones at troops as they began the operation, which appeared to target currency exchange offices in particular.Witnesses told AFP that the army withdrew in early afternoon.Violence in the West Bank has intensified since the October 2023 attack. At least 972 Palestinians  — including both militants and civilians — have been killed in the territory by Israeli troops or settlers, according to an AFP tally based on Palestinian Authority figures. In the same period, at least 36 Israelis, both civilians and soldiers, have been killed in attacks or military operations in the territory, according to Israeli figures.Excluding Israeli-annexed east Jerusalem, the West Bank is home to about three million Palestinians and 500,000 Israelis living in settlements that are considered illegal under international law.vid-lam-crb-ds/kir

Living in ‘sin’? Ronaldo, Rodriguez highlight Saudi double standard

When Cristiano Ronaldo and Georgina Rodriguez announced their engagement this month, two things stood out: the outsized diamond ring, and their unmarried cohabitation in conservative Saudi Arabia.The celebrity couple and their blended brood of five children have been living in the birthplace of Islam for more than two years, untroubled by laws against extra-marital relationships.Their situation highlights the fact that while authorities now turn a blind eye for foreigners, such privileges remain off-limits for Saudis, who must still get married before living together.Foreign couples, including Muslims, can now move in together or stay at hotels without being married, an arrangement that has only been tolerated in recent times.It’s “part of a broader social transformation in Saudi Arabia”, said Sebastian Sons of the German think tank CARPO.”While conservative rules and regulations remain in place, they are less dominant than in previous years. As a result, these strict rules are now applied with greater flexibility and pragmatism,” he told AFP.In major cities, after decades of gender separation, young Saudis can now mingle freely in public spaces, another sign of the country’s loosening-up. However, living together before marriage remains a rarity, reserved mainly for the well-heeled who quietly share accommodation in expensive residential compounds.- ‘Children of sin’ – Ronaldo, 40, and model Rodriguez, 31, are an incongruous feature of Saudi life, continually posting about their luxurious lifestyle, often with sultry poses in revealing clothing.They have been generally embraced by the youthful Saudi population, two-thirds of it under 35, who reacted to their engagement with well-wishes, memes and jokes.However, buried among the good-humoured responses — and comments about the multimillion-dollar ring — were pockets of disapproval.”How could the land of the two holy mosques accept such impurity for two years?” posted Raad Mohammed on X, referring to Mecca and Medina, Islam’s holiest sites.”Their children are children of sin,” wrote another social media user called Asma.It is hard to imagine Ronaldo and Rodriguez in the Saudi Arabia of just a few years ago, when religious police would harangue women for violating the strict dress code, and cinemas and live music were banned.Under Crown Prince Mohammed bin Salman, the de facto ruler, much has changed, as he attempts to open up the country and end its economic reliance on oil.Many women now forgo veils and head-coverings in urban centres, non-Muslim tourists are allowed, and since 2018, women can legally drive.Saudi petrodollars have attracted a steady stream of international stars and sports events, and lavish resorts and entertainment districts have sprung up.”In the past we were strictly checking the marital status” of guests, said a Riyadh-based hotel reservations manager who gave his name as Al Waleed. “Now we don’t care about who stays with whom.”- ‘Role model’ -Ronaldo, signed by Al Nassr for a hefty fee in early 2023, has been central to this strategy. Since his arrival to enormous fanfare, a stream of top players have joined him in the Saudi Pro League, and Saudi has won a giant prize: hosting the 2034 World Cup.”Ronaldo has gained significant prominence within the Saudi football community, where he is seen as both a role model and an ideal ambassador for the government’s ambitious goal of placing Saudi Arabia firmly on the global football map,” said Sons.Ronaldo and Rodriguez, soon to be respectably married, will remain a fixture in Riyadh for some time.In June, after much speculation, the five-time Ballon d’Or winner extended his contract with Al-Nassr to 2027.

Shares surge after US and S. Korean leaders become Oval Office pen pals

Shares in a South Korean penmaker surged on Tuesday, an unexpected outcome from the first summit between US President Donald Trump and his counterpart Lee Jae Myung in Washington.Lee signed a guest book before entering the Oval Office for talks with Trump and the handcrafted wooden fountain pen he used caught the US leader’s eye.”Is …

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Australia expels Iran ambassador over antisemitic attacks

Australia expelled Iran’s ambassador on Tuesday, accusing the country of being behind antisemitic arson attacks in Sydney and Melbourne.It marks the first time Australia has expelled an ambassador since World War II.Intelligence services reached the “deeply disturbing conclusion” that Iran directed at least two antisemitic attacks, Prime Minister Anthony Albanese said.Tehran was behind the torching of a kosher cafe in Sydney’s Bondi suburb in October 2024, the prime minister told a news conference.It also directed a major arson attack on the Adass Israel Synagogue in Melbourne in December 2024, he said, citing the intelligence findings.No injuries were reported in the two attacks.”These were extraordinary and dangerous acts of aggression orchestrated by a foreign nation on Australian soil,” Albanese said.”They were attempts to undermine social cohesion and sow discord in our community.”Iran’s foreign ministry spokesman denied the accusations and vowed “reciprocal reaction” to any unjustified diplomatic measures by Australia.Australia declared Iranian ambassador Ahmad Sadeghi “persona non grata” and ordered him and three other officials to leave the country within seven days.- ‘Web of proxies’ -Australia also withdrew its own ambassador to Iran and suspended operations at its embassy in Tehran, which opened in 1968.The Australian diplomats were all “safe in a third country”, the prime minister said.  Australia will also legislate to list Iran’s Islamic Revolutionary Guard Corps as a terrorist organisation, Albanese said.Foreign Minister Penny Wong said it was the first time in the post-war period that Australia had expelled an ambassador.Canberra will maintain diplomatic lines with Iran to advance the interests of Australians, Wong said.Though Australians have been advised not to travel through Iran since 2020, Wong said Canberra’s ability to provide consular assistance was now “extremely limited”.”I do know that many Australians have family connections in Iran, but I urge any Australian who might be considering travelling to Iran, please do not do so,” she said.”Our message is, if you are an Australian in Iran, leave now if it is safe to do so.”Australian spy chief Michael Burgess said a “painstaking” intelligence service investigation had uncovered links between the antisemitic attacks and Iran’s Revolutionary Guard.The probe found that the Guard directed at least two and “likely” more attacks on Jewish interests in Australia, said Burgess, director-general of the Australian Security Intelligence Organisation.- ‘Fanned the flames’ -The Revolutionary Guard, the ideological arm of Iran’s military, used a complex web of proxies to hide its involvement in the attacks, he said.Iran’s embassy in Australia and its diplomats were not involved, however, the spy chief said.The Australian intelligence service was still investigating possible Iranian involvement in a number of other attacks, Burgess said.The Jewish community may find some solace in the investigation breakthrough, said Daniel Aghion, president of the Executive Council of Australian Jewry.”Yet there will be great anxiety that we have been targeted in such a callous and calculated way, by a ruthless and violent foreign force, because of who we are,” he said.Last year’s fire at the cafe in Bondi gutted the outlet, although police initially said there was nothing to suggest it was a targeted attack.The blaze at the Adass Israel Synagogue in Melbourne was one of the most destructive in a string of antisemitic incidents following Hamas’ October 7, 2023, attack on Israel and the ensuing war in Gaza.The fire destroyed much of the synagogue, shocked Australians and was tagged by police as a “likely terrorist incident”.- ‘Important move’ -Any fallout from Australia’s actions against Iran was likely to be constrained by the two countries’ limited ties, said Australian National University counter terrorism expert Levi West.”We don’t have any defence arrangements like we do with other Middle East countries or intelligence relationships,” he told AFP.Israel’s embassy in Australia welcomed the government’s decision to designate the Islamic Revolutionary Guard Corps as a terrorist organisation.”This is a step we have long advocated for,” it said in a statement posted on social media.