EU States Condemn Trump Tariff Threats, Consider Countermeasures

Military personnel from the German armed Forces Bundeswehr board Icelandair flight leaving Nuuk airport for Reykjavik on January 18, 2026 in Nuuk, Greenland. (AFP)
Military personnel from the German armed Forces Bundeswehr board Icelandair flight leaving Nuuk airport for Reykjavik on January 18, 2026 in Nuuk, Greenland. (AFP)
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EU States Condemn Trump Tariff Threats, Consider Countermeasures

Military personnel from the German armed Forces Bundeswehr board Icelandair flight leaving Nuuk airport for Reykjavik on January 18, 2026 in Nuuk, Greenland. (AFP)
Military personnel from the German armed Forces Bundeswehr board Icelandair flight leaving Nuuk airport for Reykjavik on January 18, 2026 in Nuuk, Greenland. (AFP)

Major European Union states decried US President Donald Trump's tariff threats against European allies over Greenland as blackmail on Sunday, as France proposed responding with a range of previously untested economic countermeasures.

Trump vowed on Saturday to implement a wave of increasing tariffs on EU members Denmark, Sweden, France, Germany, the Netherlands and Finland, along with Britain and Norway, until the US is allowed to buy Greenland.

All eight countries, already subject to US tariffs of 10% and 15%, have sent small numbers of military personnel to Greenland, as a row with the United States over the future of Denmark's vast Arctic island escalates.

"Tariff threats undermine transatlantic relations and risk a dangerous downward spiral," the eight-nations said in a joint statement published on Sunday.

They said the Danish exercise was ‌designed to strengthen Arctic ‌security and posed no threat to anyone. They said they were ready to ‌engage ⁠in dialogue, based ‌on principles of sovereignty and territorial integrity.

Danish Prime Minister Mette Frederiksen said in a written statement that she was pleased with the consistent messages from the rest of the continent, adding: "Europe will not be blackmailed", a view echoed by Germany's finance minister and Sweden's prime minister.

"It's blackmail what he's doing," Dutch Foreign Minister David van Weel said on Dutch television of Trump's threat.

COORDINATED EUROPEAN RESPONSE

Cyprus, holder of the rotating six-month EU presidency, summoned ambassadors to an emergency meeting in Brussels on Sunday, which diplomats said was due to start at 5 p.m. (1600 GMT) as EU leaders stepped up contacts.

A source close to French President Emmanuel Macron said he was pushing for ⁠activation of the "Anti-Coercion Instrument", which could limit access to public tenders, investments or banking activity or restrict trade in services, in which the US has a surplus with ‌the bloc, including digital services.

Bernd Lange, the German Social Democrat who ‍chairs the European Parliament's trade committee, and Valerie Hayer, head of ‍the centrist Renew Europe group, echoed Macron's call, as did Germany's engineering association.

Meanwhile, Irish Prime Minister Micheal Martin said ‍that while there should be no doubt that the EU would retaliate, it was "a bit premature" to activate the anti-coercion instrument.

And Italian Prime Minister Giorgia Meloni, who is closer to the US President than some other EU leaders, described the tariff threat on Sunday as "a mistake", adding she had spoken to Trump a few hours earlier and told him what she thought.

"He seemed interested in listening," she told a briefing with reporters during a trip to Korea, adding she planned to call other European leaders later on Sunday.

Italy has not sent troops to Greenland.

BRITAIN'S POSITION 'NON-NEGOTIABLE'

Asked how Britain would respond to new ⁠tariffs, Culture Secretary Lisa Nandy said allies needed to work with the United States to resolve the dispute.

"Our position on Greenland is non-negotiable ... It is in our collective interest to work together and not to start a war of words," she told Sky News on Sunday.

The tariff threats do though call into question trade deals the US struck with Britain in May and the EU in July.

The limited agreements have already faced criticism about their lopsided nature, with the US maintaining broad tariffs, while their partners are required to remove import duties.

The European Parliament looks likely now to suspend its work on the EU-US trade deal. It had been due to vote on removing many EU import duties on January 26-27, but Manfred Weber, head of the European People's Party, the largest group in parliament, said late on Saturday that approval was not possible for now.

German Christian Democrat lawmaker Juergen Hardt also mooted what he told Bild newspaper could be a last resort "to bring President Trump to his senses on the Greenland issue", ‌a boycott of the soccer World Cup that the US is hosting this year.



Iran Rejects France’s ‘Baseless Accusations’ on Cyberattack

Empty refrigerated shelves are seen inside a Delhaize Shop & Go store after an overnight IT incident affected cooling and freezer systems in a number of Delhaize stores in Belgium and Luxembourg, causing temperature spikes in refrigeration units, in Linkebeek near Brussels, Belgium, November 2, 2026. (Reuters)
Empty refrigerated shelves are seen inside a Delhaize Shop & Go store after an overnight IT incident affected cooling and freezer systems in a number of Delhaize stores in Belgium and Luxembourg, causing temperature spikes in refrigeration units, in Linkebeek near Brussels, Belgium, November 2, 2026. (Reuters)
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Iran Rejects France’s ‘Baseless Accusations’ on Cyberattack

Empty refrigerated shelves are seen inside a Delhaize Shop & Go store after an overnight IT incident affected cooling and freezer systems in a number of Delhaize stores in Belgium and Luxembourg, causing temperature spikes in refrigeration units, in Linkebeek near Brussels, Belgium, November 2, 2026. (Reuters)
Empty refrigerated shelves are seen inside a Delhaize Shop & Go store after an overnight IT incident affected cooling and freezer systems in a number of Delhaize stores in Belgium and Luxembourg, causing temperature spikes in refrigeration units, in Linkebeek near Brussels, Belgium, November 2, 2026. (Reuters)

Iran on Tuesday said French accusations that it was responsible for cyberattacks on supermarket fridges last month were "baseless".

"Iran's foreign ministry categorically rejects the French government's baseless and one-sided accusations against Iran regarding alleged cyber activities in France," the ministry said in a statement.

It added that it "strongly condemns this hackneyed policy of leveling accusations against the country".

Hundreds of French supermarkets were hit in the October 11 and 12 cyberattacks, which raised the temperatures in their refrigerators and freezers, forcing many to throw away entire inventories of perishable food.

Similar incidents were then reported in at least 11 other European countries in early November.

Along with summoning Iran's ambassador and seeking European-level sanctions, French Foreign Minister Jean-Noel Barrot said Tuesday that Paris would "rule nothing out and will take all measures -- including those we may not disclose publicly -- that we deem proportionate and necessary to deter any further attacks".

Tehran, meanwhile, said it would "not hesitate to take necessary and appropriate measures to safeguard its national interests and security in the face of unlawful foreign activities".

It added that France "is merely projecting its own governance failures" with these accusations.

Later in the day, Iran's Foreign Minister Abbas Araghchi blamed the French government for the incident.

"Unable to manage fridges let alone addressing grievances of its people, French government is shifting blame for its failures onto others," the top diplomat said on X.

Also on Tuesday, the European Union said it would look to provide a "swift and united response" pending discussion with member states after France's announcement.


Eisenkot Quickly Targets Netanyahu’s Legacy in New Israeli Parliament

 Former military chief Gadi Eisenkot, Israeli Prime Minister Benjamin Netanyahu, Israeli President Isaac Herzog and other Israeli officials pose for a family photo on the day of the inauguration of Israel's 26th parliament, at the Knesset in Jerusalem, November 10, 2026. (Reuters)
Former military chief Gadi Eisenkot, Israeli Prime Minister Benjamin Netanyahu, Israeli President Isaac Herzog and other Israeli officials pose for a family photo on the day of the inauguration of Israel's 26th parliament, at the Knesset in Jerusalem, November 10, 2026. (Reuters)
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Eisenkot Quickly Targets Netanyahu’s Legacy in New Israeli Parliament

 Former military chief Gadi Eisenkot, Israeli Prime Minister Benjamin Netanyahu, Israeli President Isaac Herzog and other Israeli officials pose for a family photo on the day of the inauguration of Israel's 26th parliament, at the Knesset in Jerusalem, November 10, 2026. (Reuters)
Former military chief Gadi Eisenkot, Israeli Prime Minister Benjamin Netanyahu, Israeli President Isaac Herzog and other Israeli officials pose for a family photo on the day of the inauguration of Israel's 26th parliament, at the Knesset in Jerusalem, November 10, 2026. (Reuters)

Israeli ex-army chief Gadi Eisenkot and his allies launched a legislative onslaught against caretaker Prime Minister Benjamin Netanyahu's legacy on Tuesday, as a new parliament convened in a heated first session. 

Though questions still linger as to who can form a government, Eisenkot's broad left-to-right bloc wasted no time in setting the agenda of the new Knesset with a green light from Israeli-Arab lawmakers, whose role has stirred up heated opposition from Netanyahu's base and even right-wing supporters of Eisenkot. 

Eisenkot's Yashar party said it submitted a slew of proposals before the new parliament, including establishing an independent commission to investigate security failures that allowed the Hamas attack on October 7, 2023, the deadliest day in Israel's history. 

Netanyahu has long opposed such a probe, denying any wrongdoing and calling instead for a politically appointed commission. 

Eisenkot's party also moved for a sweeping repeal of a judicial overhaul implemented by Netanyahu's government, which had triggered some of Israel's largest-ever protests before being overshadowed by three years of war. 

Setting the stage for legislative action, Eisenkot's bloc announced it had secured the votes to install a new parliament speaker, Matan Kahana, also a former senior military figure. 

But neither Eisenkot nor Netanyahu -- Israel's longest-serving prime minister with nearly two decades in power -- have the 61 votes needed to form a government. 

"I am committed in this complex situation to form a national-emergency government as quickly as possible," Eisenkot, a low-key 66-year-old who only recently entered politics, said before his swearing-in. 

Netanyahu, speaking after the inaugural session, made a new push for a national-unity government, saying Israel needed to confront a threat from Iran's clerical government, which has survived two major Israeli bombing campaigns the premier ordered with support from US President Donald Trump. 

With his political survival on the line -- and facing potential jail time if convicted on corruption charges after he is out of power -- Netanyahu appeared to acknowledge a shifting diplomatic reality after US Democrats soundly defeated Trump in midterm elections last week on the back of anger over the war. 

"In the very near future, we're going to be confronted by international pressure to accept a nuclear-armed Iran and the preservation of this terror regime that seeks to annihilate us," Netanyahu said. 

Iran denies seeking nuclear weapons and both Netanyahu and Trump have previously boasted that its nuclear program was devastated. 

Eisenkot dismissed the remarks as a "shameful" exploitation of the occasion, casting them as evidence that Netanyahu was "unfit to remain in office for even one more minute". 

- Confrontations over Arab-Israelis - 

President Isaac Herzog on Sunday tasked Eisenkot with forming a government, giving him an initial 28 days, which can be extended by 14 more. 

Opening the session, Herzog, who otherwise holds a largely ceremonial role, urged lawmakers to "do everything to avoid a repeat election". 

"Reach out a hand for compromise, even between rivals," Herzog said. 

But the tone in the new parliament was immediately tense, with shouting breaking out between lawmakers. 

Eisenkot's choice for speaker is expected to sail through thanks to support from Arab-Israeli lawmakers, whose ranks grew to historic highs due to anger over Netanyahu's far-right government. 

But Avigdor Liberman -- a member of Eisenkot's bloc who has become a staunch critic of his former mentor Netanyahu despite sharing his hawkish views -- has refused to serve in a government that relies on the Israeli-Arabs. 

A number of Israeli-Arab lawmakers -- descendants of Palestinians who stayed after Israel's creation in 1948 -- left the opening session Tuesday as children sang the national anthem so as to avoid standing for it. 

Liberman posted news of the walkout on social media, writing: "You want to form a government with them?" 

Far-right caretaker national security minister and Netanyahu ally Itamar Ben-Gvir loudly heckled Yousef Jabareen, leader of the largest Arab-majority grouping, the Joint List, during the session. 

"Who is he pledging allegiance to, Hamas?" Ben-Gvir shouted before order was restored. 

Mansour Abbas, leader of the Israeli-Arab party Raam, generally seen as more moderate, promised to work to replace the Netanyahu government, saying: "We aspire to be part of the solution." 

- Plea for ultra-Orthodox - 

Shunning Arab-Israelis, Liberman has instead proposed an alliance with ultra-Orthodox Jews, despite his years of bitter denunciations of the community for its singular priority on maintaining an exemption from mandatory military service. 

Eisenkot's core bloc has 48 seats, but would achieve a majority if the 19 Arab-Israeli lawmakers either enter the government or, more likely, vote for it without joining. 

The two ultra-Orthodox parties hold 13 seats. United Torah Judaism, which has seven, has stopped short of recommitting to Netanyahu, leaving him with 46 seats. 

Netanyahu publicly pleaded with the ultra-Orthodox to stay with him. 

"They're going to promise you the moon and the stars but one minute after, God forbid, they form a government run by the left, all of those promises will vanish," he said. 


Paraguay Partially Reimburses Almost All Bank Crisis Victims

The interior of a closed Ueno Bank's office, which Paraguay's central bank seized amid a solvency crisis, is seen through its window that broken last week during a protest against the government and the bank in Asuncion, Paraguay, Monday, Nov. 9 , 2026. (AP)
The interior of a closed Ueno Bank's office, which Paraguay's central bank seized amid a solvency crisis, is seen through its window that broken last week during a protest against the government and the bank in Asuncion, Paraguay, Monday, Nov. 9 , 2026. (AP)
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Paraguay Partially Reimburses Almost All Bank Crisis Victims

The interior of a closed Ueno Bank's office, which Paraguay's central bank seized amid a solvency crisis, is seen through its window that broken last week during a protest against the government and the bank in Asuncion, Paraguay, Monday, Nov. 9 , 2026. (AP)
The interior of a closed Ueno Bank's office, which Paraguay's central bank seized amid a solvency crisis, is seen through its window that broken last week during a protest against the government and the bank in Asuncion, Paraguay, Monday, Nov. 9 , 2026. (AP)

Almost all eligible depositors who lost access to their money in a bank seizure that rocked Paraguay have had part of their funds reimbursed, the Central Bank said Tuesday.

The November 3 takeover of Ueno Bank amid major insolvency concerns locked almost half the population of the normally stable country out of their accounts.

Senators impeached President Santiago Pena, who is linked to Ueno, over the crisis -- a key demand of large-scale nationwide protests along with the return of the money.

The government, now led by Pena's former vice president Pedro Alliana, sped up the return of deposits via a guarantee fund.

Ninety-three percent of eligible depositors had been at least partially reimbursed via the fund as of Monday, its director Jose Maciel told a press conference.

"They finally transferred the money I was missing," 45-year-old Rosario, who preferred not to give her surname, told AFP.

Between Thursday and Monday, $340 million had been reimbursed to nearly 1.7 million people, according to Central Bank data.

The bank has identified 1,867,000 Ueno clients entitled to access the guarantee fund, its press office told AFP, without specifying how many people do not qualify.

Ueno began as a small fintech company with a digital-first model that attracted many low-income customers.

Within three years it became a major bank handling state pensions and the accounts of several government entities.

The number of individuals affected by the crisis surpasses the number of direct clients of the bank, which held over $800 million in public funds.