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G7 leaders to discuss €30bn loan for Ukraine using Russian assets

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The G7 finance ministers are set to discuss whether Ukraine can receive an additional €30 billion loan from seized Russian assets totaling €270 billion. This proposal has sparked division within the G7, particularly between the US and Germany. While some advocate for full asset seizure, others, including Christine Lagarde, ECB president, raise legal and economic concerns.

The US and UK propose mobilizing the frozen assets to provide a substantial loan to Ukraine, with interest paid from the profits of the seized Russian assets. They argue this approach avoids the need for asset confiscation, which could disrupt the international legal order and financial stability.

Belgium, holding the largest share of Russia’s frozen assets within the G7, has already generated significant investment income from these assets. It has agreed to allocate a portion of this profit to a joint G7 fund for Ukraine.

Critics argue that using the assets as collateral for a loan effectively amounts to confiscation. However, some legal scholars suggest that under the doctrine of state countermeasures, seizure may be justified.

Overall, there is contention over whether to provide Ukraine with a substantial loan using the seized assets, with concerns about legal implications and potential repercussions for financial stability and international relations.

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Slovakia at pivotal moment after Robert Fico shooting

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The recent attempt on the prime minister’s life in Slovakia has left a poignant mark, epitomizing the deep-seated political turmoil gripping the nation. The incident unfolded in Handlova, where the prime minister was shot multiple times by a gunman while interacting with supporters.

Prior to the assassination attempt, Robert Fico, the populist leader, had ominously forewarned of such an event due to the heightened political tensions in the country. His cautionary statements to both media and colleagues indicated an awareness of the looming threat.

The political climate in Slovakia had been tense for over six months, exacerbated by divisions stemming from a journalist’s murder in 2018, which led to Fico’s resignation amidst widespread protests. His subsequent return to power was marked by contentious policies, including aligning with Moscow’s stance on various international matters.

In the aftermath of the shooting, calls for unity and calm reverberated, yet they were juxtaposed with accusations and blame games among politicians and media figures. The assailant, described as a “lone wolf,” showcased a perplexing mix of ideologies, stirring further confusion about his motives.

Critics attribute the toxic environment to Fico’s party, which has been accused of fostering hostility and polarization. Additionally, tensions between Fico and President Caputova, characterized by derogatory remarks and death threats, further highlight the rifts within Slovakian society.

The role of the public broadcaster, RTVS, also came under scrutiny, with some blaming its alleged bias for inciting violence. However, the broadcaster’s chief defended its role as reflecting reality and rejected accusations of partisanship.

As Slovakia stands at a crossroads, the outcome hinges partly on Fico’s response and demeanor upon recovery. Whether he chooses a conciliatory or vengeful path could significantly impact the nation’s trajectory, with many cautiously observing the unfolding events.

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Italy hit by severe flooding after heavy rain

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Storms and heavy rainfall have caused significant flooding in northern Italy, with cities like Padua and Vicenza heavily affected. Emergency services have been using dinghies to rescue residents, and footage shows cars floating in the streets. The governor of the Veneto region described the severe weather as a “water bomb.” In contrast, southern Italy, including Sicily, is experiencing an unusual heat wave with temperatures reaching up to 35°C.

Professor Marco Marani from the University of Padua, an expert on climate change, told Corriere del Veneto that extreme weather events are becoming more frequent due to global warming. In Padua, the banks of the Muson dei Sassi river collapsed, causing severe flooding. In Borgo Mantovano, Lombardy, a freight train was overturned by gusts up to 200 km/h. Milan saw 130 mm of rain in one day, leading to flash floods, the most intense May rainfall in over 170 years.

The Veneto region declared a state of red alert, particularly between Vicenza and Verona, where 70 mm of rain fell in 30 minutes, causing water basins to overflow. One person is missing in Como after a bridge collapse.

In the south, Sardinia is experiencing dry conditions, adversely affecting wheat harvests, and water restrictions are expected later in the summer. Prof. Marani emphasized the scientific evidence linking increased frequency of extreme weather events to climate change, underscoring the need to revise water defense calculations and manage climate change effectively.

A recent State of the Climate report by the EU climate agency Copernicus and the World Meteorological Organization highlighted the urgency of climate action and improved flood defenses, noting that in 2023, one-third of European rivers breached high flood thresholds, with 16% surpassing severe levels.

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Man shot dead after French synagogue set on fire

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French police have killed a man after a synagogue was set on fire in Rouen, a city in north-western France. The man, armed with a knife and a metallic tool, was shot after he threatened officers, as confirmed by the Rouen prosecutor.

Rouen Mayor Nicolas Mayer-Rossignol expressed that the attack not only affected the Jewish community but left the entire city “battered and in shock.” French reports identified the suspect as an Algerian who was appealing against an expulsion order from France.

The incident occurred around 06:45 (04:45 GMT) when smoke was seen rising from the synagogue. The attacker used a petrol bomb to ignite the synagogue. Police officers quickly arrived on the scene after the suspect was spotted on security cameras. The suspect, who was on the roof of the synagogue, threatened the officers and threw a chisel at them before descending and brandishing a knife. One officer then fired five shots, hitting the suspect four times, according to Rouen public prosecutor Frédéric Teillet.

Firefighters managed to control the fire, but significant damage was reported inside the synagogue. Natacha Benhaïm, head of Rouen’s Jewish community, described the damage as catastrophic, though the Torah books remained unharmed.

Investigations are underway into the arson attack and the use of a police weapon. Interior Minister Gérald Darmanin commended the police for their prompt and brave response. The suspect, a 29-year-old Algerian, carried no identification at the time of the attack.

This incident follows a rise in antisemitism in France since Hamas’ attack on southern Israel in October, leading to the current war in Gaza. Recent antisemitic acts include defacing a Paris memorial honoring those who rescued Jews during World War Two. President Emmanuel Macron condemned the defacement, emphasizing the importance of remembering France’s heroes and Holocaust victims.

France, home to the third largest Jewish community globally, has seen various attacks on places of worship, including the fatal stabbing of a priest during a church service eight years ago. The recent violence in Rouen also comes shortly after an ambush that resulted in the deaths of two prison officers south of the city.

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Suspect charged with attempted murder of Slovak PM Fico

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A 71-year-old man from Levice has been implicated in the attempted murder of Slovak Prime Minister Robert Fico, who was severely injured in a shooting incident. The suspect, though not officially named, has been widely identified by Slovak reports. If convicted, he could potentially face life imprisonment.

The assailant acted alone, according to Interior Minister Matus Sutaj Estok, who stated that the suspect had participated in anti-government protests and was discontented with the outcome of the recent presidential election, won by Peter Pellegrini, an ally of Fico.

In the brazen daylight attack, Fico was shot five times at close range, sustaining serious injuries to his stomach and arm. His security detail was caught off guard, and Fico was swiftly taken to a hospital for emergency treatment. Despite the severity of his condition, Fico’s status has stabilized, though he remains in intensive care.

The alleged perpetrator is described as a writer and political activist, with a circulated video purportedly featuring him expressing grievances against the government’s policies, particularly regarding state media. However, the authenticity of the video and its connection to the detained suspect remain unverified.

The shooting has been condemned by Slovak politicians as an assault on democracy, prompting calls for unity and calm. Outgoing President Zuzana Caputova urged political leaders to convene and address the escalating tensions, while President-elect Peter Pellegrini called for a suspension of campaigning ahead of European Parliament elections.

The attack occurred amid parliamentary discussions concerning the government’s proposal to dissolve Slovakia’s public broadcaster RTVS, a move that has sparked widespread public protests in recent weeks. Some officials have attributed the shooting to heightened political rhetoric and hostility perpetuated by both media and opposition parties.

In response to the incident, Deputy Prime Minister Taraba and Interior Minister Estok criticized the opposition and media for allegedly fueling animosity, with concerns raised about the safety of journalists and NGOs in Slovakia.

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McCann suspect raped woman at knifepoint, trial told

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Hazel Behan, a woman who claims to have been raped by the man suspected of Madeleine McCann’s murder, gave chilling testimony in court. She recounted feeling an indescribable fear when awakened by a masked intruder. Christian Brückner, the prime suspect, denies involvement in both cases. The trial in Braunschweig, Lower Saxony, focuses on unrelated sex offense charges against Brückner, alleged to have occurred in Portugal between 2000 and 2017.

Behan, a former holiday rep in Praia de Rocha, vividly described the night of the assault in June 2004. She walked home alone after an argument with her boyfriend and was attacked in her apartment. The assailant, dressed entirely in black and armed with a knife, subjected her to a prolonged ordeal, including rape and filming parts of the assault. Behan endured physical and emotional trauma, and despite years passing, she still suffers from panic attacks and requires medication.

The trial also highlighted Behan’s disappointment with the Portuguese police’s handling of her case. She recalled feeling neglected and mistreated during the investigation. Years later, upon seeing Brückner’s photo in a news article, Behan recognized him and decided to come forward, linking her assault to his previous convictions.

Behan emphasized the profound impact the attack had on her life, stating that she no longer feels like the carefree person she was before. Brückner’s defense team maintains skepticism about the case’s foundation and is challenging the charges.

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Slovakia PM Robert Fico not in life-threatening condition – deputy PM

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Slovak Prime Minister Robert Fico underwent surgery after sustaining multiple gunshot wounds during an attack in Handlova. Initially in critical condition, his health has since stabilized. The incident, deemed politically motivated, has drawn widespread condemnation and raised concerns about democratic stability. Despite the suspect’s detention, the motive behind the shooting remains uncertain.

Deputy Prime Minister Tomas Taraba suggested that false narratives propagated by opposition parties may have fueled the attack, echoing previous concerns expressed by Fico about the potential consequences of such rhetoric. The shooting underscores simmering political tensions within Slovakia, sparking debates about the role of inflammatory discourse in shaping the country’s political climate.

The incident has ignited discussions about the broader implications of divisive language in Slovakian society. President Zuzana Caputova highlighted the serious ramifications of such rhetoric, emphasizing its potential to incite violence. The shooting serves as a stark reminder of the dangers posed by polarizing narratives and underscores the need for constructive dialogue and unity in the face of political differences.

Fico, known for his controversial policies, including calls to end military aid to Ukraine and efforts to abolish the public broadcaster RTVS, has faced significant opposition both domestically and within the EU since returning to power. The attack on him amplifies existing concerns about political stability and underscores the challenges facing Slovakian democracy in navigating polarized political landscapes.

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Two killed in New Caledonia as riots escalate after Paris vote

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New Caledonia, a Pacific territory under French governance since the 19th century, is currently gripped by violent unrest stemming from the French parliament’s decision to expand voting rights for French residents there. This move, allowing long-term French citizens in New Caledonia to participate in provincial elections, has sparked outrage among many locals who perceive it as marginalizing the indigenous Kanak people and undermining their political representation.

The escalation of protests into riots has resulted in fatalities, numerous injuries, and widespread property damage, marking the most severe unrest the territory has experienced since the 1980s. In response, French President Emmanuel Macron canceled a planned trip and convened an emergency meeting to address the crisis. The situation prompted authorities to impose a curfew and ban public gatherings in an attempt to restore order.

Despite efforts to quell the violence, tensions remain high, with continued clashes between protesters and law enforcement. The unrest has led to a significant number of arrests and calls from both local and national leaders for calm and de-escalation. The situation underscores the complex political dynamics in New Caledonia, where issues of autonomy, indigenous rights, and French governance intersect, fueling longstanding grievances and tensions within the community.

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France Escaped Prisoner Manhunt Continues

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In Normandy, a vast manhunt is underway for Mohamed Amra, known as “The Fly,” who managed to escape from a police van in a shocking incident. The escape occurred while he was being transported back from a court hearing in Rouen. During the journey, the police van was forcibly stopped at a toll booth by a car collision. Following the collision, armed individuals attacked the van, resulting in the tragic death of two prison officers.

French authorities, led by President Emmanuel Macron and Interior Minister Gerald Darmanin, have mobilized significant resources to track down the perpetrators and capture Amra. The intensity of the search reflects the gravity of the incident and the determination to bring those responsible to justice.

Amra’s criminal background adds complexity to the situation. Recently convicted of burglary, he also faces charges related to a kidnapping case that resulted in a fatality. Despite his lawyer’s claims of ignorance regarding any escape plan, reports suggest Amra’s involvement in prior escape attempts.

Amra’s criminal history dates back to his teenage years, with ties to a gang in Marseille, although his record does not include convictions for drug-related offenses. The unfolding events have raised concerns about public safety and the effectiveness of security measures surrounding high-risk prisoners like Amra.

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From Dawn till Dusk: Pegasus Global’s Day of Events

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On May 13th, 2024, Pegasus Global Pvt Ltd made history in event management by flawlessly coordinating six separate events in a single day at Le Meridien Kochi. Led by Ajit Ravi Pegasus, this accomplishment not only highlighted Pegasus Global’s organizational skills but also its dedication to fostering empowerment and cultural enhancement.

The day began on a high note with the Women’s Excellence Award, recognizing the outstanding contributions and achievements of women across various sectors. This was followed by the Unique Times Conclave, which facilitated important discussions on gender equality and empowerment, featuring a roster of influential speakers and panelists. The eventful day continued with the culturally rich Mrs. Kerala Global pageant, followed by the Miss Queen of India and Miss Queen Kerala competitions, each celebrating the elegance, intelligence, and cultural diversity of women from across the region.

The festivities concluded with the prestigious Minnalai Film Awards in the evening, celebrating remarkable achievements in the film industry. This marathon of events not only showcased Pegasus Global’s capacity to handle complex, large-scale events but also set a new standard in the event management industry, further establishing the company’s reputation as a leader in orchestrating diverse and impactful events. This landmark day, expertly managed by Ajit Ravi Pegasus, will be remembered as a significant chapter in the annals of Pegasus Global Pvt Ltd, demonstrating their unparalleled expertise and dedication to excellence.

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