Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Pomp and pageantry across France for Bastille Day

Published

on

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.

Continue Reading

News

Trump won’t fire Powell; tariffs to decrease significantly

Trump rules out firing Fed Chair Powell and hints at lowering China tariffs, easing investor concerns.

Published

on

Trump rules out firing Fed Chair Powell and hints at lowering China tariffs, easing investor concerns.

In Short

President Trump confirmed he won’t fire Federal Reserve Chairman Jerome Powell and is considering lowering tariffs on China to soothe market concerns.

He stated that while current tariffs are too high, attempts to remove Powell could disrupt markets and lead to legal issues.

President Trump stated he has no intention of firing Federal Reserve Chairman Jerome Powell. He also mentioned potential reductions in tariffs on China, which calmed investor fears after recent aggressive actions from the administration.

Following Trump’s comments, U.S. stock futures and the dollar saw gains, while gold futures retreated from their record highs. His reassurances came after earlier criticisms of Powell, where Trump expressed discontent on social media, indicating Powell’s termination should happen quickly.

Lower rates

Despite rising tensions, Trump downplayed recent comments from Kevin Hassett, suggesting an examination of Powell’s job security. Trump also remarked that it is an ideal time to consider lower interest rates, but clarified that firing Powell would not be the solution.

Concerns within the administration focused on how such an attempt could disrupt markets and result in a legal challenge. Treasury Secretary Scott Bessent voiced these apprehensions, warning of possible consequences for market stability.

Trump elaborated that current tariffs on China, at 145%, are excessive and would be lowered, though not completely eliminated. Attempts to remove Powell might lead to legal complications, as Federal Reserve governors can typically only be dismissed for cause.

Ultimately, undermining the Fed’s independence could increase borrowing costs for many, leading to adverse outcomes for both the president and the economy.

Continue Reading

News

Pope Francis dies aged 88 as world mourns historic papacy

The world mourns Pope Francis, the transformative first Latin American pontiff, who died at 88, with global tributes and a nine-day mourning period ahead of a conclave.

Published

on

The world mourns Pope Francis, the transformative first Latin American pontiff, who died at 88, with global tributes and a nine-day mourning period ahead of a conclave.


The world is grieving the loss of Pope Francis, the first Latin American pontiff and a transformative figure in the Catholic Church, who died aged 88.

Known as The People’s Pope, he championed mercy, humility, and compassion throughout his 12-year papacy.

Leaders across the globe, including President Trump and Australian Prime Minister Anthony Albanese, have paid tribute to his lasting legacy. A nine-day mourning period begins, followed by the election of a new Pope via conclave at the Vatican.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#PopeFrancis #Vatican #CatholicChurch #RIP #TickerNews #BreakingNews #GlobalTributes #PapalLegacy

Continue Reading

News

Pope Francis was a spiritual giant who championed humility

Pope Francis, aged 88, dies from double pneumonia, leaving a legacy of compassion and inclusion as the Church’s first Latin American and Jesuit leader.

Published

on

Pope Francis, aged 88, dies from double pneumonia, leaving a legacy of compassion and inclusion as the Church’s first Latin American and Jesuit leader.


Pope Francis has died at the age of 88, following complications from double pneumonia. The Vatican confirmed his death on Monday morning, with Cardinal Kevin Farrell announcing that “the Bishop of Rome, Francis, returned to the home of the Father” at 7:35am.

The first Latin American and Jesuit Pope, Francis led the Roman Catholic Church for over a decade, earning global praise for his humility, progressive stance, and focus on inclusion and compassion.

Just days before his passing, the Pope surprised crowds at Easter Sunday Mass, blessing worshippers in St Peter’s Square. Despite recent hospitalisation with bronchitis, he appeared in good spirits, even pausing to bless children from the Popemobile.

His death has triggered nine days of mourning in Italy. Leaders around the world have paid tribute. Prime Minister Anthony Albanese called him a man “whose compassion embraced all humanity,” while Opposition Leader Peter Dutton described his devotion as unwavering.

Francis will be remembered not only as a man of many firsts — the first Jesuit Pope, the first from the Global South — but also as a tireless advocate for the poor, refugees, and marginalised communities.

Continue Reading

Trending Now