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France and Germany proposed Monday a 500-billion-euro ($542-billion) fund to finance the recovery of the European Union’s economy from the devastation wrought by the coronavirus crisis. Putting aside past differences and seeking to prove that the Franco-German core of Europe remains intact, President Emmanuel Macron and Chancellor Angela Merkel announced the unprecedented package after talks by video conference. European Central Bank head Christine Lagarde told major European newspapers that “the Franco-German proposals are ambitious, targeted and welcome.” With the European economy facing its biggest challenge since World War II, Macron also acknowledged that the EU had fallen short in its initial response to the virus and needed to coordinate more closely on health. Financed by “borrowin...
French women’s football giants Lyon will be declared league champions for the 2019-20 campaign, collecting the title for the 14th consecutive year after the season was ended by the coronavirus pandemic. The decision was confirmed to AFP by a source close to talks held Monday by the French football federation as well as a source at Lyon, backing up an earlier report from RMC Sport. Lyon, winners of the past four Women’s Champions League finals, have claimed the French title every year since 2007. The women’s top flight in France was halted in mid-March when Lyon held a three-point lead over Paris Saint-Germain. Last month, French Prime Minister Edouard Philippe announced that professional sport could not return until September. The men’s Ligue 1 and Ligue 2 divisions were ended, with PSG na...
An Iranian warship was hit by a friendly fire missile during naval exercises, killing 19 sailors, state media and the army said Monday, amid tensions with the US in Gulf waters. The incident involving the Konarak vessel occurred on Sunday afternoon near Bandar-e Jask, off the southern coast of the Islamic republic, state television said on its website. “The vessel was hit after moving a practice target to its destination and not creating enough distance between itself and the target,” said the channel. The armed forces said in a statement that 19 crewmen were killed and 15 injured. It said the Konarak had been involved in an “accident” during the exercises, without elaborating. The vessel had been towed ashore for “technical investigations”, it added, calling on people to “avoid speculatio...