President Emmanuel Macron has announced a plan for a massive boost to France's defence spending, saying freedom in Europe was facing a greater threat than at any time since the end of Second World War.
Europe is in danger because of Russia’s war in Ukraine and wars in the Middle East, and because “the United States has added a form of uncertainty,″ Mr Macron said in a speech to the armed forces on the eve of the national Bastille Day holiday and military parade.
Other dangers he cited included online disinformation campaigns by unnamed foreign governments and propaganda operations targeting children, in ″the screen era″.
Mr Macron reviewed the troops and relit the eternal flame beneath the Arc de Triomphe as part of the annual parade on Monday. Bastille Day is France's biggest holiday, with 7,000 people marching, on horseback or riding armoured vehicles along the Champs-Elysees, the most iconic avenue in Paris. The Paris event included flyovers by fighter jets, trailing red, white and blue smoke. The evening was due to see a drone light show and fireworks at the Eiffel Tower that have become more elaborate every year.
Mr Macron pledged an acceleration of national defence spending, with the budget set to reach €64 billion ($74.7 billion) by 2027, instead of the previously scheduled 2030 target. He confirmed that the increased funding would not be financed through borrowing but rather by stimulating the national economy.
Mr Macron said the extra funds would address critical shortcomings, including ammunition shortages, and support the development of smart and precision weaponry, as well as capabilities in unmanned aerial systems, space defence and electronic warfare. The budget will also support the modernisation of ground-based air defence systems.
“We are living a pivotal moment,” Mr Macron said. He denounced “imperialist policies”, “annexing powers” and the notion that “might is right” − all a reference to Russia.
France faced the challenge “of remaining free and masters of our destiny”, he added.
Mr Macron said France's defence budget should rise by €3.5 billion ($4.1 billion) in 2026, and then by a further €3 billion in 2027.
“Never since 1945 has freedom been so threatened, and never has peace on our continent depended so much on the decisions we take today,” Mr Macron said. “Let’s put it simply: To be free in this world, you need to be feared, and to be feared you need to be powerful.”
Mr Macron also announced that he had tasked Armed Forces Minister Sebastien Lecornu with initiating a strategic dialogue with European partners on the future role of France’s nuclear deterrence, with the outcome to be presented by the end of the year.
French military and security officials have been warning of global threats weighing on France, with defence chief of staff Thierry Burkhard saying on Friday that Russia posed a “durable” threat to Europe and that the “rank of European countries in tomorrow's world” was being decided in Ukraine, invaded by Russia in 2022.
France's defence budget has already increased sharply since Mr Macron took power, rising from €32.2 billion in 2017 to €50.5 billion currently, and is projected to reach €67 billion in 2030.
Mr Lecornu recently said France was concerned about falling behind in “disruptive technologies”, including artificial intelligence and quantum technology.
German warning
Meanwhile, Germany’s Defence Minister Boris Pistorius has called for weapons makers to step up and “deliver” on re-arming Europe by increasing production to match spending plans.
Mr Pistorius told the Financial Times his government had addressed long-standing industry concerns by streamlining hundreds of billions of euros of new military spending. “The industry knows perfectly well that it is now responsible for delivering.”
He said Germany was experiencing delays on individual projects. “Industry needs to ramp up its capacities. That applies to ammunition, to drones, to tanks − really to almost every area.”
Mr Pistorius heads to Washington on Monday to meet US Defence Secretary Pete Hegseth, to seek clarity on American arms supplies to Ukraine, missile deployment plans and the future of US troop levels in Europe.
Germany loosened its constitutional debt brake to meet Nato's new core military spending target of 3.5 per cent of national output by 2029.
The move will boost German defence spending to €162 billion in 2029, from €95 billion in the draft budget for 2025.
War threat
Wars in Ukraine and the Middle East have transformed the security outlook for Western nations, forcing many to reassess long-standing reluctance to allocate resources to armed forces.
Several Nato countries are boosting their military spending, after the alliance's members agreed last month to spend five per cent of their gross domestic product on security.
Britain aims to increase its defence budget to 2.5 per cent of GDP by 2027, and to 3 per cent after 2029, while Poland already dedicates 4.7 per cent of GDP to defence.
Revival
Eminem
Interscope
Info
What: 11th edition of the Mubadala World Tennis Championship
When: December 27-29, 2018
Confirmed: men: Novak Djokovic, Rafael Nadal, Kevin Anderson, Dominic Thiem, Hyeon Chung, Karen Khachanov; women: Venus Williams
Tickets: www.ticketmaster.ae, Virgin megastores or call 800 86 823
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
10 tips for entry-level job seekers
- Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
- Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
- Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
- For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
- Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
- Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
- Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
- Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
- Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
- Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.
Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz
UAE currency: the story behind the money in your pockets
The past winners
2009 - Sebastian Vettel (Red Bull)
2010 - Sebastian Vettel (Red Bull)
2011 - Lewis Hamilton (McLaren)
2012 - Kimi Raikkonen (Lotus)
2013 - Sebastian Vettel (Red Bull)
2014 - Lewis Hamilton (Mercedes)
2015 - Nico Rosberg (Mercedes)
2016 - Lewis Hamilton (Mercedes)
2017 - Valtteri Bottas (Mercedes)
Brief scores:
Toss: Sindhis, elected to field first
Kerala Knights 103-7 (10 ov)
Parnell 59 not out; Tambe 5-15
Sindhis 104-1 (7.4 ov)
Watson 50 not out, Devcich 49
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
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%3Cul%3E%0A%3Cli%3ECystic%20fibrosis%20is%20a%20genetic%20disorder%20that%20affects%20the%20lungs%2C%20pancreas%20and%20other%20organs.%3C%2Fli%3E%0A%3Cli%3EIt%20causes%20the%20production%20of%20thick%2C%20sticky%20mucus%20that%20can%20clog%20the%20airways%20and%20lead%20to%20severe%20respiratory%20and%20digestive%20problems.%3C%2Fli%3E%0A%3Cli%3EPatients%20with%20the%20condition%20are%20prone%20to%20lung%20infections%20and%20often%20suffer%20from%20chronic%20coughing%2C%20wheezing%20and%20shortness%20of%20breath.%3C%2Fli%3E%0A%3Cli%3ELife%20expectancy%20for%20sufferers%20of%20cystic%20fibrosis%20is%20now%20around%2050%20years.%3C%2Fli%3E%0A%3C%2Ful%3E%0A
How to get there
Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
ULTRA PROCESSED FOODS
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
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%3Cp%3EThe%20BaaS%20value%20chain%20consists%20of%20four%20key%20players%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConsumers%3A%3C%2Fstrong%3E%20End-users%20of%20the%20financial%20product%20delivered%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDistributors%3A%3C%2Fstrong%3E%20Also%20known%20as%20embedders%2C%20these%20are%20the%20firms%20that%20embed%20baking%20services%20directly%20into%20their%20existing%20customer%20journeys%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EEnablers%3A%3C%2Fstrong%3E%20Usually%20Big%20Tech%20or%20FinTech%20companies%20that%20help%20embed%20financial%20services%20into%20third-party%20platforms%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProviders%3A%3C%2Fstrong%3E%20Financial%20institutions%20holding%20a%20banking%20licence%20and%20offering%20regulated%20products%3C%2Fp%3E%0A
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Moral education needed in a 'rapidly changing world'
Moral education lessons for young people is needed in a rapidly changing world, the head of the programme said.
Alanood Al Kaabi, head of programmes at the Education Affairs Office of the Crown Price Court - Abu Dhabi, said: "The Crown Price Court is fully behind this initiative and have already seen the curriculum succeed in empowering young people and providing them with the necessary tools to succeed in building the future of the nation at all levels.
"Moral education touches on every aspect and subject that children engage in.
"It is not just limited to science or maths but it is involved in all subjects and it is helping children to adapt to integral moral practises.
"The moral education programme has been designed to develop children holistically in a world being rapidly transformed by technology and globalisation."
Killing of Qassem Suleimani
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