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France 24
17 hours ago
- France 24
Alvaro Uribe: Colombia's first ex-president convicted of a crime
Today, opinion polls suggest the 73-year-old remains the most trusted politician in the South American country confronting an upsurge in violence. Born to a landowner in the western Antioquia department, Uribe was elected to Colombia's highest office at the height of the conflict between guerrillas fighting poverty and political marginalization, rightwing paramilitary groups set up to crush the leftists, and the military. He is himself accused of having had ties to paramilitary fighters who often had the backing of agrarian elites. Uribe denies the claims, which are at the heart of his criminal conviction Monday for witness tampering. As president, Uribe adopted a hard line against the Marxist-inspired Revolutionary Armed Forces of Colombia (FARC), which he accused of killing his father in a botched 1983 kidnapping attempt. With US backing for his campaign, several FARC leaders were killed on Uribe's orders and soldiers were deployed en masse in operations that gave many Colombians a sense of security, although the violence never diminished. Uribe, a US- and British-educated lawyer who prides himself on being a workaholic who cannot sing, dance or tell jokes, counts a passion for horses among his few distractions. He is a staunch Roman Catholic who practices yoga in the morning and prays at night. Uribe entered politics after his father's death, serving as a senator, mayor of his hometown Medellin, and governor of Antioquia -- Colombia's most populated department. As president, he successfully pushed a constitutional change that allowed him to be re-elected for a second consecutive term -- a reform later overturned by Colombia's highest court. Arguing he needed continuity to see out his battle against armed insurgents and the drug trade they controlled, Uribe also tried, unsuccessfully, to secure a third presidential term. Betrayal Uribe earned praise from Washington for his tough anti-drug policies and strong economic growth as president. Detractors call him an authoritarian who failed the poor. After his presidency ended, Uribe served another term in Congress from 2014-2020 and has continued campaigning for the political right and his Democratic Center party since then. He was instrumental in the choice of his successor: Juan Manuel Santos, who would go on to win the Nobel Peace Prize for his efforts towards a peace deal with the FARC in 2016. For Uribe, this was the ultimate betrayal. His vehement rejection of the agreement that saw the FARC down arms in 2017 has been gaining ground as recent peace efforts have failed under President Gustavo Petro -- Colombia's first-ever leftist president, in office since 2022. Divisive figure A man of short posture and deliberate speech, Uribe is a divisive figure: loved and hated in equal measure. He is known for losing his temper, once being recorded insulting a journalist and threatening physical violence. Even fervent detractors recognize his oratory and administrative skills. But his legacy has been tainted by numerous corruption and espionage claims swirling around members of his entourage. Uribe is under investigation for more than 6,000 civilian executions and forced disappearances allegedly committed by the military under his command. He has also testified in a preliminary probe into a 1997 paramilitary massacre of subsistence farmers when he was governor of Antioquia from 1995 to 1997. During his life, Uribe claims to have survived 15 assassination attempts, including a rocket attack by former guerrillas on the day of his first inauguration. Uribe is married and has two grown sons who have had to answer claims that they rode on his presidential coattails to become successful entrepreneurs.
Fashion Network
18 hours ago
- Fashion Network
France lashes out as EU agrees to tariff pact with Washington
France has denounced the new trade agreement between the European Union and the United States as a 'submission,' even as most EU members acknowledged the deal was unequal but necessary to avoid an economically damaging trade war with Washington. The framework agreement, announced Sunday between two economies representing nearly a third of global trade, allows the U.S. to impose a 15% import tariff on most EU goods starting next month. The deal offers limited protection for key sectors, including the automotive and pharmaceutical industries. While the 15% rate is half of what Washington initially threatened, it still exceeds European expectations significantly. U.S. President Donald Trump, who has sought to reshape global trade using tariff leverage since returning to the White House earlier this year, praised the accord during a visit to Scotland, calling it 'the biggest deal ever made.' But France, the EU's second-largest economy, was outspoken in its disapproval. 'It is a dark day when an alliance of free peoples, brought together to affirm their common values and to defend their common interests, resigns itself to submission,' French Prime Minister Francois Bayrou wrote on X (formerly Twitter). French President Emmanuel Macron has made no public statement on the matter. While the mood across Europe was subdued, most governments agreed that failing to reach an agreement would have triggered a far worse scenario. 'This agreement has succeeded in averting a trade conflict that would have hit the export-oriented German economy hard,' said German Chancellor Friedrich Merz, whose country leads the EU bloc's economic rankings. EU Trade Commissioner Maros Sefcovic said during a press conference that allowing 30% tariffs to be imposed would have been 'much, much worse.' 'This is clearly the best deal we could get under very difficult circumstances,' he added. Some member states acknowledged the deal provides stability following months of trade tensions with the U.S. Sweden described it as the 'least bad alternative,' while Spain supported it 'without enthusiasm.' A final deal will likely require ratification from EU capitals. Still work to do Because trade policy falls under the European Commission's authority, French objections are unlikely to derail the framework agreement. However, the deal has not yet been finalised. Many of the agreement's specifics remain unknown. EU officials said they expect clarification in a joint statement to be released by August 1. Additional negotiations will follow to turn the agreement into a full-fledged deal. Germany also called for further negotiations, particularly regarding the steel sector. President Trump said the deal—alongside an investment package that exceeds the Japan agreement signed last week—would strengthen trans-Atlantic relations after years of what he described as unfair treatment of U.S. exporters. Japan's package will include up to $550 billion in equity, loans and guarantees from state-run agencies, to be invested at Trump's discretion, according to Tokyo. In contrast, EU officials stated that the EU's $600 billion investment figure is based on non-binding intentions from the private sector. The agreement is expected to bring regulatory clarity to European industries, including those in the automotive, aerospace, and chemical sectors. However, EU negotiators had originally pushed for a zero-for-zero tariff deal. A 15% tariff remains significantly higher than the U.S.'s average import tariff rate of 2.5% before Trump's return. More clarity, but a challenge European stocks opened higher on Monday, with the STOXX 600 reaching a four-month high. Tech and healthcare sectors led the gains. 'The 15% rate is better than the market was fearing,' said Jefferies economist Mohit Kumar. Still, many European businesses remain conflicted about the outcome. 'Those who expect a hurricane are grateful for a storm,' said Wolfgang Große Entrup, head of the German Chemical Industry Association (VCI). 'Further escalation has been avoided. Nevertheless, the price is high for both sides. European exports are losing competitiveness. U.S. customers are paying the tariffs.' A major concern remains how the EU's promise to invest hundreds of billions of dollars in the U.S. and sharply increase energy imports can be realized. It remains unclear whether specific investment pledges have been made, or if the details are still being finalized. While the EU has committed to $750 billion in strategic purchases over the next three years—including oil, liquefied natural gas (LNG), and nuclear fuel—the U.S. may struggle to meet the demand. Though U.S. LNG production capacity is expected to nearly double over the next four years, analysts say it still won't be enough to meet Europe's needs. Oil production forecasts have also been revised downward. Despite the uncertainties, analysts say the deal has reduced market instability. Oil prices edged up on Monday.
Fashion Network
18 hours ago
- Fashion Network
France lashes out as EU agrees to tariff pact with Washington
France has denounced the new trade agreement between the European Union and the United States as a 'submission,' even as most EU members acknowledged the deal was unequal but necessary to avoid an economically damaging trade war with Washington. The framework agreement, announced Sunday between two economies representing nearly a third of global trade, allows the U.S. to impose a 15% import tariff on most EU goods starting next month. The deal offers limited protection for key sectors, including the automotive and pharmaceutical industries. While the 15% rate is half of what Washington initially threatened, it still exceeds European expectations significantly. U.S. President Donald Trump, who has sought to reshape global trade using tariff leverage since returning to the White House earlier this year, praised the accord during a visit to Scotland, calling it 'the biggest deal ever made.' But France, the EU's second-largest economy, was outspoken in its disapproval. 'It is a dark day when an alliance of free peoples, brought together to affirm their common values and to defend their common interests, resigns itself to submission,' French Prime Minister Francois Bayrou wrote on X (formerly Twitter). French President Emmanuel Macron has made no public statement on the matter. While the mood across Europe was subdued, most governments agreed that failing to reach an agreement would have triggered a far worse scenario. 'This agreement has succeeded in averting a trade conflict that would have hit the export-oriented German economy hard,' said German Chancellor Friedrich Merz, whose country leads the EU bloc's economic rankings. EU Trade Commissioner Maros Sefcovic said during a press conference that allowing 30% tariffs to be imposed would have been 'much, much worse.' 'This is clearly the best deal we could get under very difficult circumstances,' he added. Some member states acknowledged the deal provides stability following months of trade tensions with the U.S. Sweden described it as the 'least bad alternative,' while Spain supported it 'without enthusiasm.' A final deal will likely require ratification from EU capitals. Still work to do Because trade policy falls under the European Commission's authority, French objections are unlikely to derail the framework agreement. However, the deal has not yet been finalised. Many of the agreement's specifics remain unknown. EU officials said they expect clarification in a joint statement to be released by August 1. Additional negotiations will follow to turn the agreement into a full-fledged deal. Germany also called for further negotiations, particularly regarding the steel sector. President Trump said the deal—alongside an investment package that exceeds the Japan agreement signed last week—would strengthen trans-Atlantic relations after years of what he described as unfair treatment of U.S. exporters. Japan's package will include up to $550 billion in equity, loans and guarantees from state-run agencies, to be invested at Trump's discretion, according to Tokyo. In contrast, EU officials stated that the EU's $600 billion investment figure is based on non-binding intentions from the private sector. The agreement is expected to bring regulatory clarity to European industries, including those in the automotive, aerospace, and chemical sectors. However, EU negotiators had originally pushed for a zero-for-zero tariff deal. A 15% tariff remains significantly higher than the U.S.'s average import tariff rate of 2.5% before Trump's return. More clarity, but a challenge European stocks opened higher on Monday, with the STOXX 600 reaching a four-month high. Tech and healthcare sectors led the gains. 'The 15% rate is better than the market was fearing,' said Jefferies economist Mohit Kumar. Still, many European businesses remain conflicted about the outcome. 'Those who expect a hurricane are grateful for a storm,' said Wolfgang Große Entrup, head of the German Chemical Industry Association (VCI). 'Further escalation has been avoided. Nevertheless, the price is high for both sides. European exports are losing competitiveness. U.S. customers are paying the tariffs.' A major concern remains how the EU's promise to invest hundreds of billions of dollars in the U.S. and sharply increase energy imports can be realized. It remains unclear whether specific investment pledges have been made, or if the details are still being finalized. While the EU has committed to $750 billion in strategic purchases over the next three years—including oil, liquefied natural gas (LNG), and nuclear fuel—the U.S. may struggle to meet the demand. Though U.S. LNG production capacity is expected to nearly double over the next four years, analysts say it still won't be enough to meet Europe's needs. Oil production forecasts have also been revised downward. Despite the uncertainties, analysts say the deal has reduced market instability. Oil prices edged up on Monday.
