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French Police Arrest Two in $100 Million Louvre Jewel Heist

                                                     T he Louvre Museum French authorities have arrested two suspects in connection with last week’s audacious jewel heist at the Louvre Museum in Paris, where thieves made off with crown jewels valued at more than $100 million. According to Paris prosecutor Laure Beccuau, the arrests took place on Saturday evening. One suspect was detained at Charles de Gaulle Airport as he attempted to board a flight out of the country, while the second was apprehended later that night in the Seine-Saint-Denis suburb north of Paris. The daring robbery occurred on October 19, when thieves used a crane to smash an upstairs window of the world’s most-visited museum before escaping on motorbikes. The stolen collection included priceless Napoleonic-era jewels, sparking outrage and raising questions...
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Global Markets Reel as China Responds to U.S. Tariffs

 


Global financial markets faced a sharp downturn as China announced retaliatory tariffs in response to U.S. President Donald Trump's sweeping trade measures. The Chinese government imposed a 34% tariff on all U.S. imports, mirroring the rate of the U.S. tariffs introduced earlier this week. This move has intensified fears of a global trade war, sending shockwaves through stock markets worldwide.

Major indices, including the S&P/TSX in Canada, experienced significant losses, with futures dropping by 2.7% early Friday. Asian and European markets also saw steep declines, while U.S. stock futures pointed to further losses on Wall Street. The tariffs have raised concerns about a potential global recession, as industries and economies brace for the impact of escalating trade tensions.

Commodities were not spared, with oil prices hitting their lowest levels since the pandemic, and gold—a traditional safe haven—experiencing fluctuations. Economists warn that the ongoing trade conflict could lead to a contraction in global trade volumes, further straining economic growth.

The situation remains fluid, with investors and policymakers closely monitoring developments. The global economy now faces a critical juncture as the repercussions of these tariffs unfold.

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