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France Erupts in Nationwide Protests Over Austerity Plans

  Tens of thousands of demonstrators flooded the streets of France on October 2, 2025, in a powerful show of resistance against proposed government spending cuts. Organized by major trade unions including the CGT and CFDT, protests took place in over 240 cities and towns, with Paris, Dijon, Metz, Poitiers, and Montpellier among the key hotspots. The unrest comes amid political uncertainty, as newly appointed Prime Minister Sébastien Lecornu works to form a cabinet and navigate contentious budget negotiations. Protesters are demanding increased investment in public services, a reversal of pension reforms, and higher taxes on the wealthy. The proposed 2026 budget, which includes a €44 billion reduction in public spending, has sparked widespread concern over its impact on low- and middle-income households. While the CGT union estimated turnout at nearly 600,000, the Interior Ministry reported a lower figure of 195,000, including 24,000 in Paris. Students blocked school entrances, a...
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Market Surge as U.S. Court Blocks Trump’s Tariffs

Wall Street saw a significant boost in premarket trading after a federal court ruled against former President Donald Trump’s sweeping tariffs. The U.S. Court of International Trade determined that Trump had exceeded his authority in imposing broad import duties, leading to an immediate invalidation of most of the tariffs.

The ruling sparked optimism among investors, with futures for the **Dow Jones Industrial Average rising 0.49%**, the S&P 500 climbing 1.09%, and the Nasdaq 100 surging 1.62%. Tech stocks, particularly AI chipmakers, benefited from the decision, with Nvidia jumping over 6% following strong quarterly earnings.

While the court’s decision is expected to ease trade tensions and bolster market confidence, the White House has already signaled plans to appeal, leaving some uncertainty about the long-term impact. Analysts suggest that if the ruling holds, it could significantly reshape U.S. trade policy and strengthen global economic stability.

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