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Tractors Take Paris: French Farmers Escalate Fight Against Mercosur Deal

Tractors line up in front of the National Assembly as French farmers protest against the government's handling of the EU-Mercosur free trade agreement. French farmers brought a new wave of tractor protests to Paris, intensifying their campaign against the EU–Mercosur trade agreement. The convoy, made up of hundreds of tractors, rolled through major avenues and gathered near key government buildings, creating significant traffic disruption but maintaining a peaceful tone. Farmers argue that the proposed deal between the European Union and South American nations would expose them to unfair competition from cheaper imports produced under looser environmental and animal‑welfare standards. Many say the agreement threatens the future of French agriculture, already strained by rising costs and tightening regulations. Unions behind the protest insist that the French government must take a firmer stance to block the deal at the EU level. With negotiations nearing a potential conclusion, ...

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Wall Street Wavers Amid Inflation and Geopolitical Risks

 


According to recent news reports, Wall Street has been wavering following a strong consumer confidence report and hopes of the Federal Reserve’s monetary policy. The S&P 500 index edged up by 5.78 points, or 0.1%, to 4,704.14 on Friday, November 17, 2023. However, the market has been volatile due to concerns about inflation, supply chain disruptions, and geopolitical risks .


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