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RCEP deal hits snag but expected to be concluded next year

13 Sept 21:49 Key points summarised by AI

India's concerns over potential market flooding by cheap Chinese products stalled the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement.
Significant outstanding issues remain unresolved for India, whose final decision on RCEP participation hinges on their satisfactory resolution.
Despite the current delay, leaders from participating countries express hope that the world's largest trade deal can be concluded and signed next year.
Once finalized, RCEP will form the largest trading bloc globally, representing 30% of global GDP and half the world's population, aiming to deepen regional value chains and boost economic growth.

Yesterday 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.