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EU reveals new €95bn list of US tariff targets if negotiations fail

EU reveals new €95bn list of US tariff targets if negotiations fail

Business Post08-05-2025

EU-US Trade War
EU reveals new €95bn list of US tariff targets if negotiations fail
Sarah Collins
13:00
European Commission president Ursula von der Leyen said despite the threatened retaliation, the EU remains fully committed to finding negotiated outcomes with the US.

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War between Israel and Iran expected to continue for at least a fortnight
War between Israel and Iran expected to continue for at least a fortnight

Irish Times

time3 hours ago

  • Irish Times

War between Israel and Iran expected to continue for at least a fortnight

Israel's surprise attack on Iran in the early hours of Friday morning killed at least nine leading nuclear scientists, damaged key nuclear facilities, eliminated the Iranians' top military brass, sowed confusion in the command-and-control centres and damaged air defence systems and ballistic missile production sites. By Saturday afternoon the Israel Defense Forces announced that Israeli jets were now flying with impunity over Tehran and western Iran. Iran is a vast country and the bank of potential targets is enormous: the war is expected to continue for at least a fortnight. Israel has the ability to inflict significant damage on Iran's nuclear project and may already have set back the time it will take Tehran to assemble a nuclear bomb by a few years. The facility in Natanz has been severely damaged, and may have been put out of commission for the foreseeable future. Part of the facility in Isfahan has also suffered heavy damage. However, the primary aim of the war for Israel – preventing Iran from acquiring a nuclear bomb – will require the US to join the fray. Israel struck areas near Qom, but the Fordow site, where it is believed most of Iran's stockpile of enriched uranium is stored deep underground, can only be destroyed by US long-range B-2 bombers, based in the Indian Ocean, dropping advanced bunker busters – almost the only ordinance Washington has refused to transfer to Israel. READ MORE Israel clearly has an interest in the US joining the war and is hoping that the regime in Iran will somehow provoke such a scenario. Threats over the weekend by Iranian military commanders of an escalating regional conflict that will also target American military installations throughout the Middle East , could be an indication of such a direction. US officials have been careful to stress that they were not part of the Israeli attack, even though they did have prior knowledge. US president Donald Trump's moves in the coming days will be critical in shaping the direction of the war. Meanwhile, the initial euphoria in Israel is waning as the home front begins to pay a heavy price. Iranian ballistic missiles slammed into residential areas of Rishon Letsion, Bat Yam and Rehovot over the weekend, along with the Arab town of Tamra, in the north. The destruction was on a scale never witnessed before and it is clear that this is only the beginning. [ Israeli attacks may give Iran's nuclear programme greater impetus Opens in new window ] The interception rate by Israel's layers of missile defence remains impressively high but it only takes a few projectiles to get through. For the foreseeable future Israelis will go to bed knowing that they will be woken up by sirens and praying that the missiles will not land on their neighbourhood. 'A war that's been planned for a decade' - why Israel has attacked Iran and what happens next Listen | 21:11

Macron in Greenland to 'show French, EU solidarity'
Macron in Greenland to 'show French, EU solidarity'

RTÉ News​

time4 hours ago

  • RTÉ News​

Macron in Greenland to 'show French, EU solidarity'

French President Emmanuel Macron said as he arrived in Greenland that his visit aimed to show the solidarity of France and the European Union over the Arctic island's "sovereignty" and "territorial integrity". US President Donald Trump has said he wants the United States to take over the minerals-rich and strategically-located Arctic island for reasons of national and international security, and has not ruled out the use of force to do so. Greenland is a self-governing part of the Kingdom of Denmark with the right to declare independence. Both the Greenland and Danish governments say it is not for sale and only Greenlanders can determine their future. US Vice President JD Vance visited a US military base there in March. President Macron, the first foreign leader to visit Greenland since Mr Trump's explicit threats to "get" the island, was invited by the prime ministers of Greenland and Denmark. He has said his visit is meant to prevent any "preying" on the territory. "France has stood by us since the first statements about taking our land emerged. "This support is both necessary and gratifying," Greenland's Prime Minister Jens-Frederik Nielsen wrote on Facebook days ahead of Mr Macron's visit. Asked if President Macron would deliver an explicit message to the United States during his visit, an adviser to Mr Macron told reporters: "The trip is a signal in itself," without mentioning Donald Trump. Earlier, speaking on RTL radio, French Foreign Minister Jean-Noel Barrot said: "Greenland is a European territory and it is normal that Europe and notably France show their interest." According to an IFOP poll for published yesterday, 77% of the French and 56% of Americans disapprove of an annexation of Greenland by the US and 43% of the French would approve using French military power to prevent a US invasion. Mr Macron is visiting the capital Nuuk, as well as a hydropower station funded by the EU and a glacier, and discuss Arctic security and climate change with his hosts. Though Denmark is an EU member, Greenland is outside the EU. The French adviser said the visit would be an opportunity to discuss how to give Greenland's association partnership with the EU a "new dimension". Danish Prime Minister Mette Frederiksen made several visits to Paris after Mr Trump's threats to seek French and European backing, and has placed orders for French-made surface-to-air missiles, in a shift of focus for Copenhagen. Enlisting the EU's only nuclear power is a way for Denmark, long one of the US's most loyal allies in Europe, to project a form of hard power towards a suddenly more aggressive United States, said Florian Vidal of the Paris-based IFRI think tank. "The Trump administration's more aggressive posture is a shock that makes the French vision of Europe, one that is more autonomous, appear more reasonable for Denmark," he said. "From a Nordic point of view, France is a military power that counts," he added.

Football could introduce new transfer rule to let players buy out their contracts in radical move that would slash fees
Football could introduce new transfer rule to let players buy out their contracts in radical move that would slash fees

The Irish Sun

time5 hours ago

  • The Irish Sun

Football could introduce new transfer rule to let players buy out their contracts in radical move that would slash fees

MASSIVE transfer fees could soon become a thing of the past — with players' chiefs wanting stars to have freedom to break their contracts for a fixed compensation payment. The international players' union FifPro has accused Fifa of dragging its feet over new transfer rules after the 5 A major case involving ex-Chelsea star Lassana Diarra could make massive transfer fees a thing of the past Credit: Getty 5 The ruling from the European Court means inflated transfer fees could be a thing of the past Credit: EPA 5 The likes of Alexander Isak would be able to buy out their contract rather than being marooned while clubs argue over a transfer fee Credit: Alamy Major agents claimed the October ruling was the But now FifPro has told stars and their lawyers to be FifPro legal chief Alexandra Gomez Bruinewoud said: 'Every worker should have the right to end a contractual relationship. READ MORE IN FOOTBALL 'Knowing how much you will have to pay as compensation is part of that right. 'Also, the fact you leave your job should not prevent you from being hired in another job, which is what was happening in football.' Even the giants of the game may be forced into a major rethink by the repercussions of a row sparked in Moscow a decade ago. Former Most read in Football BEST ONLINE CASINOS - TOP SITES IN THE UK Yet Diarra's win at the European Court of Justice looks increasingly likely to significantly change the way the transfer market works. If FifPro is right, the result will be for all players to have the right to break their contracts. Transfer fees could be SCRAPPED forever after Lassana Diarra wins landmark court case against Fifa It would see players worth £100m on the open market suddenly available for a fraction of that sum. Of course, any new regulations will not be introduced this summer. Fifa rushed through a series of temporary transfer regulations, with dire warnings of the 'collapse' of the transfer market unleashing 'chaos'. But FifPro remains unconvinced the latest moves from Zurich meet the demands of EU law. One insider explained: 'This could be the last few years of the inflated transfer fees we have all seen. 'The European Court has said that football must operate within EU law. 5 'Football is the outlier. There's no other industry — other than maybe thoroughbred horses — where you see employees change hands for millions of pounds and it is time for the game to be brought in step.' Gomez Bruinewoud added: 'The judges in the Diarra case explained why the system was against EU law. 'I'm not afraid to say the same Fifa rules are probably also against most national labour laws.' Top players will benefit from higher wages and longer deals, though with budgets finite, that would mean less cash and shorter deals for players further down the pecking order — and limited job security in the lower tiers. Prem club bosses also fear the consequences, arguing the effective abolition of fees would blow up the entire footballing pyramid as money would no longer 'trickle down'. It is likely that, as with the Jean-Marc Bosman courtroom saga that turned European football on its head 30 years ago, it will need another player to be the test case to break the current system. But it seems that challenge is a matter of time from being made. And with the players' union backing, the most fundamental change the game has ever seen. 5

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