‘You were born a man, you will die a man': Candace Owens DOUBLES DOWN after Macron lawsuit
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Yahoo
2 hours ago
- Yahoo
Bitcoin Mining With Nuclear Energy? French Lawmakers Are Considering It
France's far-right political bloc is pushing an ambitious plan to mine Bitcoin (CRYPTO: BTC) using excess energy generated by the country's nuclear power plants. What Happened: The initiative, led by Rassemblement National (RN) lawmakers, marks a striking turn from the party's prior hostility toward cryptocurrencies, and signals a broader ideological shift within European digital asset politics, according to a local news report published on July 30. During a March visit to the Flamanville nuclear facility, party leader Marine Le Pen endorsed the idea of using surplus electricity to power Bitcoin mining operations. The plan would place high-performance computing rigs directly at nuclear sites, converting idle energy into freshly minted Bitcoin, now valued at over €100,000 each. "This is a secure and highly profitable solution," said RN lawmaker Aurélien Lopez-Liguori, who is currently drafting legislation to bring the concept to parliament. He contrasted the proposal with environmentalist positions, stating, "For the Greens, the best energy is what isn't produced. For us, it's energy that isn't wasted." Also Read: Why It Matters: While this marks RN's most concrete proposal on crypto to date, the party's stance on digital currencies has shifted dramatically over the years, from calls to ban them in 2016 to active promotion in 2025. Despite growing enthusiasm among RN members, internal skepticism persists. Senior party official Jean-Philippe Tanguy expressed concern about relinquishing state control over money, warning against "currency independence"—a direct challenge to Bitcoin's original anti-centralization ethos. The RN's sudden embrace of Bitcoin isn't isolated. Other far-right figures, including Sarah Knafo of the Reconquête! party and conservative politician Eric Ciotti, have also championed Bitcoin, with some even calling for France to build national reserves in the digital currency. They cite leaders like Donald Trump and Nayib Bukele as models for blending nationalism with pro-crypto policies. This alignment has deepened ties between right-wing politicians and French crypto entrepreneurs. Some founders, including Ledger's Eric Larchevêque and Paymium's Pierre Noizat, have publicly appeared at far-right events, especially following security threats involving their families. Their comments have increasingly echoed nationalist rhetoric, criticizing the French welfare state and immigration policies while advocating for a "libertarian revival" in Europe. Meanwhile, crypto industry groups lament the politicization of digital assets in France, which they say has been exacerbated by left-wing disengagement. As mainstream parties remain cautious, often citing environmental risks or criminal misuse, industry voices warn that leaving the debate to the far right risks skewing the public narrative. Read Next: Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Bitcoin Mining With Nuclear Energy? French Lawmakers Are Considering It originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Fox News
3 hours ago
- Fox News
European leaders decry Hamas video of Israeli captives: ‘unlimited inhumanity'
Leaders from across Europe responded in horror on Sunday to the recent footage released by Hamas of Israeli captives Rom Braslavski and Evyatar David, who were taken hostage nearly 670 days President Emmanuel Macron took to X to call the clearly emancipated state of both hostages a depiction of Hamas' "unlimited inhumanity" and decried it as "abject cruelty.""This is what Hamas embodies," he added. NETANYAHU RESPONDS AFTER ISRAELI HOSTAGE SEEN EMACIATED, DIGGING GRAVE: 'CRUELTY OF HAMAS HAS NO BOUNDARIES'Macron — who sent geopolitical shockwaves when he announced late last month that France would recognize the state of Palestine come September — renewed calls for an immediate ceasefire in the Gaza Strip, the return of all hostages and the full resumption of aid to the area. Macron on Sunday doubled down on his call for statehood and said ending the conflict is no longer enough."This effort must be accompanied by a political solution for the day after. That solution is the two-state solution, with Israel and Palestine living side by side in peace. It is the only possible path toward a future where justice, security, and dignity are guaranteed for all the peoples of the region," he said. Macron also made clear his position when it comes to Hamas, which some, including Israel and the U.S., have questioned following his push for Palestinian statehood."Let there be no ambiguity: within this political vision that we uphold, we demand the total demilitarization of Hamas, its complete exclusion from any form of governance, and recognition of Israel by the State of Palestine," he added. Macron's announcement prompted other Western nations to follow suit, including the U.K., Canada and even Germany — though Berlin's position on statehood has left room for some AMERICAN-ISRAELI HOSTAGE DETAILS STARVATION AND ABUSE BY HAMAS AS FAMILIES PUSH TRUMP FOR DEALGerman Chancellor Friedrich Merz echoed Macron's comments in an interview with German outlet Bild on Sunday and reportedly said the videos of the hostages "show that Hamas should no longer play a role in the future of Gaza."Merz also called on Israel not to block more aid to Gaza in retaliation for the cruelty. U.K. Foreign Secretary David Lammy also took to X on Sunday and called the videos "sickening" displays of Hamas "propaganda.""Every hostage must be released unconditionally," he said. "Hamas must disarm and have no control over Gaza. "We are working with partners on a long-term solution and plan for peace. This must begin with an immediate ceasefire, that frees the hostages, as well as removing inhumane aid restrictions," Lammy added. The recently released footage of two of the 50 hostages still held in Gaza coincided with a trip White House envoy Steve Witkoff took to Israel late last week, during which he visited with leaders and the families of the hostages in Tel has suggested the U.S. is now pushing for a comprehensive deal that would include a complete ceasefire and the return of all hostages, rather than incremental deals apparently favored by Israeli Prime Minister Benjamin reportedly told the families of the hostages that he believes the U.S. and the other allied nations are helping to mediate the negotiations, that a deal is close to being secured – though this belief has been expressed numerous times to no avail. Only American hostage Edan Alexander has been released under a deal not previously forged by the Biden and the then-incoming Trump administrations, which saw the release of 33 hostages by March.
Yahoo
4 hours ago
- Yahoo
Shein Fined 40 Million Euros for Fake Discounts by French Competition Authority
PARIS – France is continuing to take aim at Shein, this time from another angle. The ultra-fast fashion giant has been fined a record 40 million euros by the France's anti-trust authority, the French Directorate General for Competition, Consumer Affairs and Fraud (DGCCRF). More from WWD Nouvel Héritage Marks 10-year Anniversary With Debut High Jewelry Collection Maison&Objet's Managing Director Mélanie Leroy Resigns Shein's Donald Tang Makes His Case in France, as Company's Sustainability Report Shows Rising Emissions The authority claimed that the Singapore-based Chinese brand's pricing practices were deceptive, offering customers 'discounts' which didn't exist. The DGCCRF alleged that Shein would raise prices before lowering them to appear as if they were giving customers a good deal. It follows a nearly year-long investigation by the DGCCRF which found that Shein had misled customers between October 2022 and August 2023. The authority found that 57 percent of Shein promotions did not represent a lower price; 19 percent offered discounts smaller than advertised, and 11 percent were price increases disguised as sales. The findings are based on French regulations that require any advertised discount must reference the lowest price offered by the seller in the previous 30 days. Investigators found that Shein repeatedly broke this rule, inflating original prices before applying discounts or referencing prices that were not valid. In a statement to Agence France Presse, the company said that its French subsidiary, Infinite Style E-commerce Limited (ISEL), had been notified of the violations in March 2023, and taken corrective measures within two months. 'This means that all identified issues were addressed more than a year ago,' the company said, emphasizing its commitment to regulatory compliance in France. Shein has been under scrutiny in France. In June, the French Senate passed a bill targeting Shein and other 'ultra-fast fashion' players, including Temu, by proposing a tax on small parcels shipped from outside the European Union ranging from 2 to 4 euros per package. The fee is intended to slow the influx of packages from Chinese platforms to France. In 2024, Shein and Temu together shipped 800 million packages to France — more than half of all parcels sent to the country. A few days later, Shein executive chair Donald Tang took to the stage at Paris' VivaTech conference to defend the company's business model. During his appearance, he said Shein is 'not fast fashion;' instead it is 'fashion-on-demand' and only produces what the market wants. The bill needs to be validated by the EU, then will return to the Assembly where a stronger version passed in 2024, for a reconciliation process and final vote. That is expected to take place around October. Best of WWD Pandemic Has Stoked Appetite for French Luxury, Survey Finds U.S. Sets Strategic Vision for China Trade Policy Furmark's Farm-to-Shopfloor Tracing Tags Set for International Debut Solve the daily Crossword
