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France Plans Spending Freeze to Offset Iran Crisis Costs

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The government of France has announced plans to offset the financial impact of the ongoing Iran crisis by freezing public spending. Rising energy prices and increased borrowing costs linked to the crisis are expected to cost the country between €4 billion and €6 billion. Authorities say the spending freeze will match these projected losses, helping stabilize public finances.

Finance Minister Roland Lescure stated that higher bond yields alone could add €3.6 billion to France’s borrowing costs. Meanwhile, the government is preparing targeted support measures to help households cope with surging energy prices. These measures are expected to prioritize workers who rely heavily on fuel, reflecting growing concerns over the cost-of-living impact.

Despite the planned response, the government faces mounting political pressure for broader relief measures. While some groups are calling for fuel tax cuts, others are pushing for caps on energy prices. However, with one of the largest budget deficits in the eurozone, officials insist that any support must remain limited and carefully targeted to avoid further straining public finances.

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Chornobyl First Responder Reflects on Lasting Impact 40 Years After Disaster

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Nearly four decades after the Chernobyl disaster, Ukrainian first responder Petro Hurin says the effects of the catastrophe continue to shape his life. As one of the many “liquidators” tasked with cleaning up the aftermath of the explosion at reactor four, he recalls the intense exposure to radiation and the long-term toll it has taken on his health. Of the 40 workers sent from his company to assist in the cleanup, only five are still alive today, highlighting the enduring human cost of the disaster.

Hurin described the harsh working conditions inside the contaminated zone, where he operated heavy machinery for long hours, handling materials used to contain radiation. Within days, he began experiencing severe symptoms including headaches, chest pain, and internal bleeding. Despite these signs, Soviet authorities at the time avoided diagnosing radiation sickness, instead attributing the symptoms to other conditions. Over the years, Hurin has battled multiple health issues, including anaemia and heart problems, which he links to his exposure during the cleanup.

Now living in central Ukraine, Hurin continues to cope with ongoing medical challenges while seeking recognition and support as a disaster responder. Beyond his personal struggles, he also carries the emotional weight of losing his grandson in the ongoing conflict following Russian invasion of Ukraine. Despite everything, he reflects on his decision to serve at Chornobyl with a sense of duty, believing his efforts contributed, however modestly, to containing one of history’s worst nuclear crises.

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Alcaraz Awaits Crucial Wrist Test Ahead of French Open Defense

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Defending champion Carlos Alcaraz says an upcoming wrist test will be decisive in determining his participation in the French Open. The world number two recently withdrew from both the Barcelona Open and the Madrid Open after suffering a right wrist injury, which he admitted is more serious than initially expected. With the tournament approaching, his recovery timeline remains uncertain.

Alcaraz has emphasized patience during his rehabilitation, noting that several medical tests in the coming days will guide his next steps. Despite his eagerness to return, the Spaniard is prioritizing long-term fitness over rushing back into competition. He has consistently performed well in Paris, reaching at least the semi-finals in recent years and securing consecutive titles, making his potential absence a major talking point.

Meanwhile, rival Jannik Sinner has regained the world number one ranking, increasing the pressure on Alcaraz in the rankings race. However, the young star remains focused on recovery, stating that returning fully fit is more important than risking further damage. His decision in the coming days will not only impact his title defense but also shape the competitive landscape of the clay-court season.

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Banks race to access Anthropic’s Mythos amid cyber risk concerns

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The launch of Anthropic’s advanced AI model Mythos has triggered a rush among global banks to secure access, while regulators intensify scrutiny over potential cybersecurity risks. Officials at the International Monetary Fund meetings recently flagged concerns that the model’s capabilities could challenge banks’ legacy systems and expose vulnerabilities.

Major financial institutions including JPMorgan Chase, Goldman Sachs, Morgan Stanley, and Citigroup have either confirmed or are reported to have access to Mythos, using it to test internal systems and cyber defenses. Meanwhile, Deutsche Bank CEO Christian Sewing said lenders are coordinating with regulators and trying to gain entry, though access remains tightly controlled.

Regulators across Europe, the U.S., and Asia are evaluating how prepared banks are to handle emerging threats, with some warning that Mythos is significantly more capable in cyber offense than previous AI models. Authorities are assessing risks through existing resilience frameworks, as industry leaders caution that such technologies could reshape the cybersecurity landscape and introduce more advanced threats in the near future.

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Blogger vs State TV Sparks Row in Russia

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A public dispute has erupted in Russia after celebrity blogger Victoria Bonya responded sharply to criticism from state TV host Vladimir Solovyov. The clash followed Bonya’s viral video appeal to President Vladimir Putin, in which she said he was being shielded from the country’s real problems, including corruption and pressure on ordinary citizens. The video drew tens of millions of views and prompted rare acknowledgment from the Kremlin.

Solovyov accused Bonya on air of working with Western interests and called for authorities to investigate her, using harsh and personal language. In response, Bonya condemned his remarks as misogynistic and demanded he be removed from television. She argued that insults directed at her also demean single mothers and women more broadly, gaining support from parts of the public.

Escalating the feud, Bonya said she may pursue legal action and circulated a viral AI-generated video mocking Solovyov. Meanwhile, some Russians interviewed expressed sympathy for her, saying public figures should not use their platforms to insult others and that citizens have the right to voice concerns about their country.

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Tesla’s Offshore Structure Cuts Tax Bill Despite Public Stance

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Tesla Inc., led by Elon Musk, likely saved hundreds of millions in U.S. taxes through offshore financial arrangements, despite Musk’s public criticism of tax loopholes. A review of corporate filings suggests the company shifted around $18 billion in profits to subsidiaries in the Netherlands and Singapore, reducing its U.S. tax burden by at least $400 million.

Experts say these overseas entities likely acted as conduits for profit shifting, a common strategy where companies move earnings to low-tax jurisdictions. The arrangement appears linked to transferring intellectual property rights abroad, allowing profits that would normally be taxed in the United States to be recorded elsewhere. While such practices are legal, they remain controversial and widely debated in global tax policy.

The findings contrast with Musk’s earlier remarks dismissing tax avoidance schemes as “shady.” Although there is no evidence Tesla broke any laws, the case highlights how multinational corporations use complex structures to minimize taxes. Recent filings hint the company may have adjusted its offshore setup, but the financial benefits from past arrangements are expected to remain significant.

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Radev Sweeps Bulgaria Election in Landslide Victory

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Rumen Radev has secured a sweeping victory in Bulgaria’s parliamentary election, paving the way to lead the country’s first single-party government in nearly 30 years. The former president capitalised on widespread public frustration with corruption, political instability, and rising living costs, following years of repeated elections and fragile coalitions.

Radev, a former fighter pilot often viewed as sympathetic to Russia, positioned himself as an anti-establishment figure promising reform. His win also dealt a major blow to traditional parties, including those led by Boyko Borissov. Despite his rhetoric and past criticism of EU policies, analysts believe he is unlikely to risk jeopardising crucial European Union funding or dramatically shift Bulgaria’s geopolitical alignment.

The new government faces significant domestic challenges, including tackling corruption, stabilising the economy, and restoring public trust in institutions. While some voters remain concerned about his perceived pro-Russian stance, many see his decisive mandate as an opportunity to bring stability after years of political turmoil.

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WW2 Bomb Detonated After Paris Evacuations

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Thousands of residents were evacuated from a northern suburb of Paris after a World War Two-era bomb was discovered and safely detonated by authorities. The device, found in Colombes during construction work earlier this month, prompted officials to enforce a large evacuation zone, requiring residents within a 450-metre radius to leave their homes early Sunday.

Bomb disposal teams initially attempted to remove the detonator but were unsuccessful, leading to a controlled explosion carried out on-site. Authorities deployed hundreds of police officers to secure the area, while additional safety measures restricted movement in surrounding zones. Residents were directed to temporary reception centres and advised to take precautions before leaving their homes.

The operation was completed successfully by Sunday afternoon, and evacuation orders were lifted shortly after. Officials noted that unexploded World War Two munitions are still regularly discovered across Europe, particularly during construction projects, posing risks in densely populated urban areas.

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Kyiv Shooting Leaves Six Dead, Eight Hospitalised

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At least six people were killed and eight others, including a child, remain hospitalised following a shooting in Kyiv, Mayor Vitali Klitschko said. The attack occurred when a Russian-born gunman opened fire on civilians with an automatic rifle before barricading himself inside a supermarket. Police later stormed the building after failed negotiations and shot the attacker dead.

Among the injured, one adult is in critical condition, while the child—whose parents were killed in the attack—is reported to be in moderate condition. Ukrainian President Volodymyr Zelenskyy said the shooting left multiple victims, and the area remains sealed off, with visible bullet damage and memorials appearing near the scene. Witnesses described panic as residents fled with children from nearby playgrounds.

The incident, being investigated as a possible terrorist act, has triggered scrutiny over police response and gun control laws. The head of Ukraine’s patrol police resigned after footage showed officers retreating during the shooting. Interior Minister Ihor Klymenko raised concerns about how the suspect obtained a firearm permit, adding that reforms around civilian gun ownership and self-defense laws may be considered.

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Rat Poison Found in HiPP Baby Food Triggers Austria Alert

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Authorities in Austria have issued a public warning after a jar of baby food from HiPP was found to contain rat poison. The contaminated carrot and potato purée was reported by a customer in the Burgenland region, though the baby involved did not consume it. Police believe the jar had been deliberately tampered with and warned that at least one more poisoned product could still be in circulation.

The alert follows information shared by investigators in Germany, with similar tampered jars also discovered in the Czech Republic and Slovakia. As a precaution, retailer Spar has removed HiPP baby food jars from stores across Austria and other countries. The company clarified that the issue was not due to manufacturing defects but is linked to a suspected criminal act, noting that all products left its facilities in proper condition.

Consumers have been urged to check for signs of tampering, such as damaged lids, missing safety seals, unusual smells, or suspicious markings on jars. Health authorities advise parents to seek medical attention if children show symptoms like weakness or bleeding after consumption. The incident comes months after global recalls by Nestlé and Danone over contaminated baby formula, highlighting ongoing concerns around food safety.

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