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Pomp and pageantry across France for Bastille Day

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France commemorated its national holiday, Bastille Day, with a splendid parade in Paris, accompanied by whizzing warplanes.

However, this year’s celebrations took place under the watchful eye of over 100,000 police officers deployed across the country to prevent any recurrence of unrest in disadvantaged neighborhoods.

The festivities mark the beginning of the French Revolution on July 14, 1789, but they come in the aftermath of the nation’s most severe riots in nearly two decades. The riots erupted following the fatal police shooting of a teenager with North African heritage, highlighting deep-seated anger over inequality and racial discrimination.

Fighter jets and military helicopters soared over the location in Nanterre, a suburb of Paris, where 17-year-old Nahel Merzouk was tragically killed last month. The aerial display continued towards the Arc de Triomphe, where VIP guests watched the parade. The streets were unusually calm, with local residents gathering at Nanterre’s Nelson Mandela Square to witness the flyby.

India took center stage as the guest of honor at this year’s Bastille Day parade. Indian Prime Minister Narendra Modi joined French President Emmanuel Macron in observing the event. Approximately 240 Indian troops led the march down the Champs-Elysees, followed by thousands of French forces. Additionally, French-made Indian warplanes participated in the aerial demonstration.

Bastille Day often features international partners, and the selection of India aligns with France’s objectives to enhance cooperation on combating climate change, military sales, and countering China’s growing influence in the Indo-Pacific region. Notably absent from the extensive agenda, however, were discussions on human rights, despite concerns raised by European lawmakers, rights groups, and others.

The echoes of Russia’s war in Ukraine, which played a central role in last year’s Bastille Day celebrations, were also felt this year. The event showcased vehicles, including the Caesar anti-missile batteries that France is providing to Ukraine, while Ukrainian officials were invited to join Macron in the VIP seating area.

On the eve of the national day, Macron posthumously honored Arman Soldin, a French journalist from Agence France-Presse who was killed earlier this year in Ukraine, with the Legion of Honor award.

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How to make your money work for you over the next decade

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With high interest rates, persistent inflation, and a tight labor market—the next decade is expected to be very different from the last 10 years.

 
Companies and households around the world are still trying to get back to pre-pandemic economic outputs and lifestyles.

So, how can people successfully invest and better manage their personal finances?

James Faris, an Investing Reporter with Insider joins Veronica Dudo to discuss. #InAmericaToday #featured #money #finance #economy #investing

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Parents buying houses for their adult children

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Rise in parents purchasing homes for adult children sparks concerns

A growing trend of parents buying houses for their adult children is causing a stir, raising questions about the potential downsides of such arrangements. While the gesture may seem benevolent, experts warn of the pitfalls associated with this practice.

Financial advisors express concerns about the impact on both generations’ financial independence. By providing ready-made homes, parents might inadvertently hinder their children’s ability to learn crucial financial lessons, such as budgeting, mortgage management, and property ownership responsibilities.

The trend also sparks debates on the long-term implications for the housing market. Critics argue that such parental interventions can distort property prices and exacerbate existing affordability challenges, particularly for younger individuals aspiring to enter the property market independently.

There’s a call for a broader societal discussion on the balance between parental support and fostering financial autonomy. While the intention is often rooted in care, the unintended consequences of sheltering adult children from financial realities are prompting a reassessment of this well-meaning practice.

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Victoria’s Secret criticized for trans woman’s apology

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Victoria’s Secret is facing backlash after issuing an apology to a transgender woman who had a negative experience while trying on bras at one of their stores.

The incident has ignited a debate about inclusivity and sensitivity in the fashion industry.

The controversy began when the trans woman, who remains anonymous, visited a Victoria’s Secret store to shop for bras. She reported feeling uncomfortable and discriminated against by store staff.

In response to her complaint, Victoria’s Secret issued an apology, acknowledging the incident and expressing their commitment to diversity and inclusion.

However, the apology itself has come under fire from both supporters and critics.

Some argue that the brand’s apology is insincere and merely an attempt to save face, while others believe it is a step in the right direction towards a more inclusive shopping experience for all customers.

The incident raises important questions about how brands should handle situations involving discrimination and whether their apologies are genuine or performative.

It also highlights the ongoing challenges faced by transgender individuals when accessing spaces traditionally designed for cisgender customers.

As the fashion industry continues to evolve, many are calling for a deeper examination of inclusivity and sensitivity, not just in policies but in practice.

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