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President Donald Trump would put the credibility of the dollar on the line and destabilize the US economy if he fired Federal Reserve Chair Jerome Powell, French Finance Minister Eric Lombard warned. “Donald Trump has hurt the credibility of the dollar with his aggressive moves on tariffs — for a long time,” Lombard said in … Read more
The State Department upgraded the travel advisory for El Salvador on Tuesday, now ranking the Central American nation as safer than several European countries. Secretary of State Marco Rubio credited El Salvadorian President Nayib Bukele’s leadership as “crucial in improving the security of his country for foreign travelers.” “Gang activity, violent crime, and murders in … Read more
The European Union’s response to US tariffs could include regulating the use of data by American big tech groups, France’s finance minister said in an interview with the JDD newspaper. “We have several tools at our disposal at the European level: regulatory, fiscal, customs,” Eric Lombard said in the interview published late Saturday. “For example, … Read more
France’s trade ministry condemned “unacceptable” US interference Saturday after the American embassy in Paris sent several French firms letters warning against using the diversity programmes known as “DEI”, a frequent Donald Trump target. The letters, sent to French companies currently doing or looking to do business with the United States, included an attached questionnaire asking … Read more
TikTok is set to expand its TikTok Shop e-commerce platform to users in France, Germany, and Italy on Monday, Reuters reports. TikTok Shop has been available in the United Kingdom since 2021, and now the company is ready to expand farther into Europe. While TikTok Shop is also available in the United States and saw … Read more
Pavel Durov, the founder and CEO of messaging app Telegram, no longer has to stay in France. A source told AFP that the investigating judge in charge of Durov’s case has accepted a request to modify the conditions of his supervision. “As you may have heard, I’ve returned to Dubai after spending several months in … Read more
Telegram founder Pavel Durov, detained in France since last August, was granted temporary permission to leave the country for Dubai. Agence France Presse (AFP) first reported the news on Saturday. Shortly afterward, the cryptocurrency market reacted. Toncoin (TON), the digital token linked to Telegram’s Telegram Open Network (TON), saw a dramatic surge in its trading … Read more
Key Takeaways Pavel Durov has been allowed to leave France for Dubai under modified judicial terms. Durov cooperated with authorities, providing information on over 10,000 users. Share this article Pavel Durov, the founder of messaging platform Telegram, has been granted permission to leave France for Dubai for several weeks, following modifications to his judicial supervision … Read more
Meta is facing an AI copyright publisher lawsuit in France accusing it of economic “parasitism,” Reuters reports. The French litigation was filed in a Paris court this week by the National Publishing Union (SNE), the National Union of Authors and Composers (SNAC), and the Society of People of Letters (SGDL), which are accusing Meta of … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A proposed €150bn injection into the EU’s defence industry has become a new flashpoint in a long-standing battle between France and Germany over the continent’s rearmament drive and whether it should include countries outside the … Read more
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