US takes aim at Muslim Brotherhood in Arab world

The United States on Tuesday designated the Muslim Brotherhood branches in Egypt, Lebanon and Jordan as terrorist organizations, fulfilling a long demand of Arab allies and US conservatives.Founded in 1928 in Egypt, the pan-Islamist movement once spread across the Muslim world, but it has been in retreat as it comes under concerted pressure from major Arab powers.”These designations reflect the opening actions of an ongoing, sustained effort to thwart Muslim Brotherhood chapters’ violence and destabilization wherever it occurs,” Secretary of State Marco Rubio said in a statement.Treasury Secretary Scott Bessent said the Muslim Brotherhood “has a longstanding record of perpetuating acts of terror, and we are working aggressively to cut them off from the financial system.”The designations mean that the United States will block any assets owned by the Muslim Brotherhood in the world’s largest economy, criminalize transactions with its members and severely impede their ability to travel to the country.The Egyptian Muslim Brotherhood in a statement posted to social media vowed to seek legal channels to challenge the decision, saying it opposed violence and has never threatened the United States.”This designation is both detached from reality and unsupported by evidence. It is a result of foreign pressure on the United States, particularly from the UAE and Israel, to adopt policies that serve external agendas rather than the interests of the American people,” it said.Egypt as well as US-allied monarchies Saudi Arabia and the United Arab Emirates have long sought to suppress the Muslim Brotherhood, whose vision calls for the creation of a transnational Islamic caliphate. The movement briefly rose to power democratically in its native Egypt through the 2012 election of Mohamed Morsi following the overthrow of longtime ruler Hosni Mubarak, under whom the Muslim Brotherhood was banned, although some of its activities had been tolerated, including its network of social services.Morsi was deposed a year later in a coup by then military chief Abdel Fattah al-Sisi, who has since pursued a sweeping crackdown against the Muslim Brotherhood.Egypt’s foreign ministry hailed the US decision, which was set in motion by Trump in November, as reflecting “the danger of this group and its extremist ideology and the direct threat it poses to regional and international security and stability.”- Turkey is key -Crushed at home, Egyptian Muslim Brotherhood members have focused on building a network overseas of businesses, media outlets and declared charities.A key base has been Turkey, where President Recep Tayyip Erdogan has deep and longstanding ideological affinity with the Muslim Brotherhood.The US decision will “put a lot of pressure on countries friendly with the United States — do they want to host entities that are designated terrorist organizations by the US?” said Lorenzo Vidino, an expert on the Muslim Brotherhood who directs The George Washington University’s Program on Extremism.”I don’t think that will destroy them, but there’s no question that it puts them under a lot of pressure,” he said.The Trump administration designated the groups in part on the basis of their support for Hamas, the Palestinian armed group long classified as terrorist by the United States.The Treasury Department said that the Egyptian and Jordanian branches of the brotherhood have coordinated with Hamas, whose massive October 7, 2023 attack on Israel triggered an overwhelming Israeli offensive on Gaza.The State Department said that in Lebanon, the Muslim Brotherhood, a Sunni Muslim movement, had allied itself with Hezbollah, the Iranian-backed Shiite militants, in firing rockets into Israel.The Muslim Brotherhood had gained strength in Jordan, where its political wing is the main opposition party in parliament. In April last year, Jordan banned the Muslim Brotherhood, ordering confiscation of its assets, after accusing the movement of stockpiling weapons and planning to destabilize the kingdom, which has a peace agreement with Israel.In recent years, US conservatives have also seized upon the Muslim Brotherhood, with some spreading the unfounded conspiracy theory that the organization is infiltrating the US government with a goal of imposing Islamic sharia law.

US stocks retreat from records as oil prices jump

Wall Street stocks retreated from records on Tuesday as markets weighed muted US inflation data, mixed bank earnings and a jump in oil prices.The US consumer price index rose 2.7 percent last month, the same rate as in November and in line with expectations.While the inflation report keeps alive the prospect of interest rate cuts by the Federal Reserve in 2026, US equities tripped into negative territory as Tuesday’s session progressed.All three major indices finished in the red, led by the Dow, which was weighed down by a more than four percent drop in JPMorgan Chase shares.Both the Dow and S&P 500 had finished at records on Monday.Chief Executive Jamie Dimon described the US economy as “resilient” but investment banking results lagged behind expectations and some analysts questioned the lender’s heavy capital spending plans.Shares of other banks and credit card companies have also been pressured by President Donald Trump’s call last week to cap credit card interest at 10 percent — one of several recent Trump statements that have caught markets off guard.”Trump said a lot of stuff” and the market is quite lost where to look at, said Pat Donlon of Fiduciary Trust Company.”It’s like around Liberation Day,” Donlon said, recalling Trump’s April 2025 announcement of sweeping tariffs that sparked market volatility. “We get these wild swings and are back living on Truth Social posts.”The price of oil surged around three percent as Trump announced steep tariffs on anyone trading with Iran, sparking expectations that the threat will restrict supplies of crude.”Supply concerns remained front and center after President Trump announced new tariffs on US imports from any countries trading with Iran, raising fears of further disruptions from one of OPEC’s largest producers,” said David Morrison, senior market analyst at Trade Nation, a financial services provider.”Iran’s domestic unrest, alongside escalating rhetoric around potential military action, added to the geopolitical premium,” he said.European stock markets finished the day little changed.Earlier Tuesday, Tokyo equities closed at a record high and the yen fell on speculation over a snap election in Japan which would allow Prime Minister Sanae Takaichi to capitalize on strong poll numbers.Takaichi was appointed Japan’s first woman prime minister in October and her cabinet enjoys an approval rating of around 70 percent.Seoul climbed 1.5 percent after South Korean chip giant SK hynix said it would spend 19 trillion won ($12.9 billion) building an advanced chip packaging plant, as the firm rides the global AI boom.- Key figures at around 2130 GMT -Brent North Sea Crude: UP 2.5 percent at $65.47 per barrelWest Texas Intermediate: UP 2.8 percent at $61.15 per barrelNew York – Dow: DOWN 0.5 percent at 49,191.99 (close)New York – S&P 500: DOWN 0.2 percent at 6,963.74 (close)New York – Nasdaq Composite: DOWN 0.1 percent at 23,709.87 (close)London – FTSE 100: FLAT at 10,137.35 (close)Paris – CAC 40: DOWN 0.1 percent at 8,347.20 (close)Frankfurt – DAX: UP 0.1 percent at 25,420.66 (close)Hong Kong – Hang Seng Index: UP 0.9 percent at 26,848.47 (close)Shanghai – Composite: DOWN 0.6 percent at 4,138.76 (close)Tokyo – Nikkei 225: UP 3.1 percent at 53,549.16 (close)Euro/dollar: DOWN at $1.1643 from $1.1667 on MondayPound/dollar: DOWN at $1.3426 from $1.3465Dollar/yen: UP at 159.15 yen from 158.14 yenEuro/pound: UP at 86.71  pence from 86.64 penceburs-jmb/iv

Fraude fiscale: liberté conditionnelle accordée à Patrick Balkany

Le tribunal d’application des peines d’Evreux a accordé lundi à l’ex-maire de Levallois-Perret, Patrick Balkany, la libération conditionnelle pour les 18 mois de prison qu’il lui reste à purger après sa condamnation en 2023 pour plusieurs délits financiers, a appris mardi l’AFP de source proche du dossier.Agé de 77 ans, l’ancien député LR des Hauts-de-Seine pourra purger le reliquat de sa peine à son domicile actuel à Giverny (Eure). Il avait été condamné en 2023 a quatre an demi de prison pour avoir dissimulé avec son épouse, Isabelle Balkany, quelque 13 millions d’euros d’avoirs au fisc de 2007 à 2014.Egalement reconnu coupable de déclaration incomplète ou mensongère de sa situation patrimoniale et prise illégale d’intérêts, il avait en outre été condamné à une amende de 100.000 euros et déclaré inéligible pendant 10 ans.De cette condamnation, entièrement confondue avec une autre de mars 2020 à quatre ans de prison dont un avec sursis, il ne restait que 18 mois à purger après plusieurs périodes d’incarcération, de détention sous bracelet électronique et de liberté conditionnelle.”Cette décision marque la fin d’une décennie de calvaire judiciaire pour Patrick Balkany”, a réagi auprès de l’AFP son avocat, Robin Binsard.Lors de l’audience, selon la source proche du dossier, le parquet avait requis que M. Balkany soit placé sous bracelet électronique à domicile pendant huit mois, préalablement à dix mois de libération conditionnelle. Ces réquisitions tenaient notamment compte “des antécédents de M. Balkany”.Le tribunal a lui jugé que cette libération conditionnelle pouvait lui être accordée dès à présent en raison des motifs précédemment invoqués dans une décision en 2022.Ces motifs sont “d’autant plus caractérisés aujourd’hui notamment s’agissant de son âge, de son état de santé et du faible risque de récidive, du respect de la mesure par l’intéressé (et) de l’effort financier” fourni, détaille encore la décision, selon la même source.Le tribunal a néanmoins décidé d’allonger la durée de probation d’un an, soit jusqu’au 12 juillet 2028, “compte tenu de l’importance des sommes dues” et pour s’assurer de leur remboursement, comme demandé par le ministère public.Fin novembre 2025, l’Etat avait renoncé à réclamer des dommages et intérêts au couple Balkany pour blanchiment de fraude fiscale, estimant que les sanctions fiscales et pénales déjà prononcées dans cette affaire suffisaient à réparer le préjudice.La décision concernant les intérêts civils est attendue le 21 janvier.D’ici à la fin de sa peine, l’ex-édile de Levallois est censé résider au moulin de Giverny, propriété du couple Balkany, “sous réserve d’une éventuelle exécution de la peine de confiscation” de l’usufruit de ce domaine, assortie à sa condamnation.S’il a été définitivement déclaré inéligible par la cour d’appel de Paris en 2023, l’ancien baron des Hauts-de-Seine reste très impliqué dans la politique locale, à quelques mois des élections municipales.Lundi, il s’est désolidarisé de Jérôme Gauliard, le candidat de droite qu’il soutenait dans la course à la mairie de Levallois-Perret, selon un communiqué de ce dernier.

Le début du procès d’Elon Musk contre OpenAI et ses dirigeants fixé au 27 avril (tribunal)

Une juge fédérale d’Oakland (Californie) a fixé mardi au 27 avril la date de début du procès d’Elon Musk contre OpenAI et deux de ses dirigeants historiques, selon un document publié par le tribunal.L’entrepreneur accuse le patron Sam Altman et le président Greg Brockman d’avoir fait dévier la start-up d’intelligence artificielle (IA) de sa mission …

Le début du procès d’Elon Musk contre OpenAI et ses dirigeants fixé au 27 avril (tribunal) Read More »