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Russia jails prominent vote monitor for five years
Russia jails prominent vote monitor for five years
Economy
by  AFP

Russia on Wednesday sentenced a high-profile election monitor to five years in prison, part of an intensifying crackdown by the Kremlin against independent critics and opponents. Melkonyants was arrested in August 2023, as part of a crackdown on Kremlin critics and opponents that has accelerated amid Moscow's military offensive on Ukraine.

Umbro owner in joint bid for Le Coq Sportif
Umbro owner in joint bid for Le Coq Sportif
Economy
by  AFP

A consortium that includes the US owner of sportswear brand Umbro and French telecom billionaire Xavier Niel unveiled Wednesday an offer to acquire France's struggling sportswear label Le Coq Sportif for 60 million euros ($68 million). The consortium would immediately inject 60 million euros into Le Coq Sportif and save its historic site at Romilly-sur-Seine in northeastern France.