July 18, 2025, 7:38 p.m.

France ended Senegal's permanent military presence

France returned its last military base in the West African country of Senegal, ending its permanent military presence there.

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French Prime Minister's holiday cut plan: a difficult choice under fiscal difficulties

In the 2026 fiscal budget plan recently announced by French Prime Minister Bayrou, a controversial measure is listed - canceling the two public holidays of Easter Monday and Victory Day in World War II.

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The European Union plans to impose tariffs on 72 billion euros worth of American products

If the trade negotiations between the European Union and the United States break down, the European Commission plans to impose tariffs on a series of US exports, including high-value items such as aircraft, machinery, automobiles, chemicals and medical equipment.

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The UK is promoting retail investment reform with the intention of reducing regulation to boost the financial industry

UK Chancellor of the Exchequer Reeves announced that a series of measures will be introduced to promote personal investment, reduce regulatory burdens and boost the vitality of the financial services industry and the overall economy.

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Bank of England Governor Bailey: Banks must not issue stablecoins on their own

Andrew Bailey, the governor of the Bank of England, recently warned in an interview that large banks around the world should not issue their own stablecoins, as this move might lead to capital outflows within the banking system.

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Macron plans to further increase France's defense budget in the next two years

French President Emmanuel Macron said that the threat to European freedom is greater than at any time since the end of World War II, and France will accelerate the increase of its defense budget in the next two years.

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Britain and France have for the first time explicitly stated that they will coordinate their nuclear deterrent forces

The UK and France have agreed to enhance cooperation on their respective nuclear arsenals to address the growing threats from Europe and the uncertainties surrounding their ally, the United States.

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Sweden will investigate the values of immigrants to promote social integration

The Swedish Minister of Integration said that the government plans to conduct a national survey on the values of immigrant groups, aiming to enhance the integration between immigrants and Sweden's liberal and progressive society.

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French air traffic controllers went on strike, forcing the cancellation of many inbound and outbound flights

French air traffic controllers went on a two-day strike starting Thursday (July 3rd) to demand improved working conditions, which led to the cancellation of several flights during the summer peak season.

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Russia officially recognized the interim government of Afghanistan

The Special Representative of the Russian President for Afghanistan, Kablov, confirmed that Russia has officially recognized the interim government of Afghanistan. Russia was the first country to officially recognize the interim government of Afghanistan.

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