Connect with us

Business

Tánaiste pushes for early vote on suspending parts of EU-Israel trade agreement

Published

22 minutes ago

on

Read full article on post.

image


LAST UPDATE
|
20 mins ago

TÁNAISTE SIMON HARRIS is leading a major diplomatic push to secure an urgent vote of the EU on suspending parts of the EU-Israel Association Agreement, the legal basis for the EU to trade with Israel.

There is also a push for a vote on sanctioning Hamas, extremist ministers, and violent settlers in Palestine.

Harris’s fellow foreign affairs ministers from Belgium, Slovenia, Spain, and Luxembourg have cosigned a letter to the EU’s top diplomat Kaja Kallas calling for the suspension and sanctions to be “urgently taken forward for decision” by the European Council.

This morning, Harris said it is unacceptable that the measures wouldn’t be considered until the next meeting of the European Council or the Foreign Affairs Council, both of which are not due to take place until the end of October.

“There’s a genocide going on. The people of Gaza can’t wait any longer. They’ve already been left waiting by the international community for far too long, so I will again be raising it today.”

Later today, Harris will attend a meeting of the Global Alliance for the implementation of the two-state solution, and address the alliance on behalf of Ireland.

Advertisement

Upon arriving in New York for the meeting of the United Nations, Harris said that he would be pushing for support from other member states to implement the proposed EU sanctions against Israel.  

He said he didn’t wish to be “part of a coalition of inaction” and that he wanted an opportunity to democratically vote at a council of foreign affairs ministers on behalf of Ireland. 

“I think it would probably be quite fascinating if those proposals are actually put on the table and member states have to say yay or nay.

“Because I think the populations of a lot of these countries want their governments to work to end the genocide. There’s a risk now that we’re using terms like ‘genocide’ as if they’re technical terms, or ‘famine,’ and they’re somewhat becoming normalised.”

The letter sent to Kallas said the signatories welcomed the package of measures proposed by the European Commission following its president Ursula von der Leyen’s state of the union address earlier this month.

Von der Leyen had warned Israel that famine cannot be a “weapon of war” within her speech and committed to a partial suspension of the EU’s trade agreement with Israel, although she did not elaborate what form this could take. 

She also announced a fund called the Palestine Donor Group. This, she said, will include a dedicated instrument for the reconstruction of Gaza, which has been left devastated by Israeli bombardment. 

The letter said that as Israel is in “clear breach” of its human rights obligations as specified by the Association Agreement, “the current trade arrangements cannot be allowed to continue.

“The suspension of the trade provisions will send a clear message to the Israeli government that it must change course and meet its obligations according to international law.”

The foreign ministers expressed their support for the suspension of Israel’s participation in part of the Horizon Europe programme, a seven-year programme which funds research and innovation. It is worth more than €90 billion.

The proposal to impose sanctions on extremist ministers and violent settlers, as well as proposed sanctions on Hamas were welcomed by the signatories. They said the EU must ensure that those who incite or engage in acts of violence and intimidation are held to account.

“We now ask that these measures are urgently taken forward for decision by the Council at the earliest opportunity,” it said.

The letter concluded with an urge for the EU to end any arrangements that “aid or assist in maintaining the illegal settlements”, and if the package of measures is enacted, it will make clear the EU’s support for the two-State solution.

Harris and Taoiseach Micheál Martin have both pushed the Palestinian cause while in New York, with Martin urging countries to consider recognising the state of Palestine following France’s announcement that it had followed in the steps of Canada, the UK, Australia and Portugal.

Readers like you are keeping these stories free for everyone…
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article.

Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Related Topics:
Continue Reading

Business

Tánaiste to raise overnight attack on Gaza flotilla at UN meeting as Italian navy sent to assist

Published

22 minutes ago

on

24 September 2025

By

Read full article on post.


LAST UPDATE
|
20 mins ago

TÁNAISTE SIMON HARRIS has said he intends to raise the overnight attacks on the Global Sumud Flotilla, which is carrying aid and activists to the Gaza Strip in Palestine in an effort to break Israel’s blockade. 

People on board the flotilla vessels said last night that some of their boats had come under attack from drones that dropped various items, including corrosive chemicals and explosive, non-lethal devices.

The fleet of 50 vessels is currently in international waters off the coast of Greece.

Israel said on Monday it would not allow the boats to reach Gaza.

There were no injuries reported and the vessels were mostly only lightly damaged, although one member of the flotilla told The Journal that one of the boats’ sails had been ruined. 

Reacting to the news in New York, Tánaiste and Foreign Affairs Minister Harris said he was concerned at the reports from people on board the flotilla. He said he believes there are 22 Irish citizens aboard the boats, including elected representatives. 

“It is clearly a breach of international law to have any activity that is targeting a humanitarian flotilla,” he said. 

Harris added that although there is clear travel advice in place regarding travel to areas of conflict, it is also clear “what they’re [activists on the flotilla] trying to do here”.

“They’re trying to highlight what is a horrific genocide underway in Gaza and a man-made famine that is starving civilians, that’s starving children.”

The Tánaiste said he would be raising this issue during a meeting of the global alliance for implementation of the two-State solution and working with his counterparts in countries that also have citizens on the flotilla to ensure their safety.

One of the Irish politicians taking part in the voyage to Gaza is Sinn Féin Senator Chris Andrews.

Despite the intimidation overnight, Andrews and others aboard the flotilla boats have said they remain undeterred. 

Andrews said in a post on X his vessel had been “attacked by multiple drones overnight” and hit by “four different devices”. 

“The bloodthirsty Israeli regime must be stopped,” Andrews said.

“This is the most serious assault by Israel on this flotilla since it first departed from Barcelona over three weeks ago.

He said the Irish government “needs to act” by sending an observer boat to follow the flotilla.

“The Irish Government has a responsibility to protect its citizens on this flotilla, as well as to stand up for human rights and justice,” Andrews said in a statement. 

He also called on members of the public to contact the Department of Foreign Affairs the Taoiseach, the Tánaiste, and local public representatives to call on them “to intervene to protect this flotilla”.

Italian navy 

Italy, meanwhile, has dispatched a navy frigate to assist its citizens and politicians on board boats in the aid flotilla.

Italy’s foreign minister, Antonio Tajani, has asked the Italian Embassy in Tel Aviv “to gather information and to reiterate its previous request to the Israeli government to guarantee the absolute protection of the personnel on board”.

Italian Defence Minister Guido Crosetto said he had dispatched the navy vessel “to ensure assistance to the Italian citizens on the ‘Flotilla’”.

“The vessel is already en route to the area for possible rescue operations”, he said.

Crosetto expressed “the strongest condemnation” of the “attack” on the flotilla using “drones by currently unidentified perpetrators”.

Sinn Féin MEP Lynn Boylan said this morning that she would be writing to the EU Commission “and urging them to make immediate calls for the safe passage of this aid”.

Advertisement

“These are civilian ships, that are carrying humanitarian aid for the starving people of Gaza,” she said.

“The EU must not stand idly by while innocent civilians are put in danger by doing what the EU hasn’t had the courage to do.”

Intimidation

Leigh Brosnan, a barrister from Ireland who is aboard the flotilla’s independent legal support boat, told The Journal that there had been at least ten drone attacks. 

She is part of a group of lawyers who are acting as independent observers monitoring the situation.  

Brosnan said that the drones used last night were not the same type they have seen surveiling the fleet. They were larger and had no lights to make them visible. 

She said that while last night’s incident did not involve lethal force, it still represented an escalation.

“It could be categorized as kind of more psychological and intimidatory,” she said.

“However, it does also represent a significant escalation of acts of aggression and of dangerous, harmful acts towards completely unarmed, non-violent civilians.”

Videos posted on the group’s Instagram account show flashes in the night as explosions are heard near the boats in the flotilla. 

“Multiple drones, unidentified objects dropped, communications jammed and explosions heard from a number of boats,” the Global Sumud Flotilla said in a statement, without adding whether there were any casualties.

“We are witnessing these psychological operations firsthand, right now, but we will not be intimidated,” the statement said.

German human rights activist and flotilla member Yasemin Acar said in a video she posted on Instagram that five vessels had been attacked.

“We are carrying only humanitarian aid,” she said. “We have no weapons. We pose no threat to anyone. It is Israel who is killing thousands of people (and) starving a whole population.”

In an earlier video, Acar said the activists had “sighted 15 to 16 drones”, adding that their radios had been jammed as loud music could be heard.

One video posted by the flotilla’s official Instagram page showed an explosion it said it recorded from the Spectre boat at “01:43 GMT +3″.

In another video posted by the same page, Brazilian activist Thiago Avila said four boats had been “targeted with drones throwing devices” just before another explosion was heard in the background.

Not the first time

The Global Sumud Flotilla set sail from Barcelona earlier this month and is currently made up of 51 vessels, most of which are situated off the Greek island of Crete.

Sumud is the Arabic word for steadfastness. 

Those on board the boats are sailing to the Gaza Strip in Palestine, which is under an Israeli siege that has created a famine in parts of the territory. After nearly two years of its war on Gaza, Israel has killed more than 65,000 people and been accused of committing genocide.

The flotilla had already been targeted in two suspected drone attacks in Tunisia, where its boat had been anchored before resuming its voyage towards Gaza.

Among its high-profile participants is environmental activist Greta Thunberg, who said today that her government in Sweden has offered the flotilla no support. 

Israel blocked two earlier attempts by activists to reach Gaza by sea in June and July.

While Israel claims it allows aid into the Gaza Strip unhindered, NGOs, UN agencies and governments that have sent aid all say this is not the case. 

A report published by the medical charity Doctors Without Borders (MSF) yesterday details the arbitrary and inconsistent restrictions on the passage of food, medical supplies and other items into Gaza. 

“Rules, procedures and requirements changed frequently, forcing humanitarian actors constantly to adjust and reconfigure their approaches,” the report said. 

With reporting from AFP and Christina Finn in New York

Readers like you are keeping these stories free for everyone…
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article.

Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Continue Reading

Business

What each candidate needs to do to win the presidency

Published

45 minutes ago

on

24 September 2025

By

This post was originally published on this site.

image
Advertisement
Readers like you are keeping these stories free for everyone…
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article.

Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Continue Reading

Business

How luxury brands are tapping into the Labubu craze

Published

53 minutes ago

on

24 September 2025

By

Read more on post.

foreground of header

  • Labubu dolls have become a $27 status symbol. Now, high-end brands are testing whether fans are willing to pay luxury prices for crystal-encrusted Labubus or $2,500 bags with the ugly-cute monster.
  • While Labubu mania is new, luxury labels have capitalized on cuteness with other characters from Snoopy to Totoro.
  • Luxury industry experts told CNBC why these high-end character collaborations are here to stay.
A brown Louis Vuitton Monogram coated-canvas mini top-handle bag with tan vachetta leather rolled handles and a yellow-and-orange pumpkin motif is carried with two Labubu plush bag charms during Copenhagen Fashion Week, on August 07, 2025 in Copenhagen, Denmark.
Edward Berthelot | Getty Images Entertainment | Getty Images

Labubu dolls have emerged as a must-have accessory in luxury fashion, with celebrities like Blackpink’s Lisa pairing the toys with Louis Vuitton and Hermès bags.

The coveted blind box toys — collectible plushes that look like a rabbit-esque monster with jagged teeth — are a relatively inexpensive status symbol at $27, though they routinely sell at a premium on the resale market. Now, high-end brands are testing whether Labubu fans are willing to pay luxury price points.

In June, a collection of 14 customized Labubus dressed in designs by Carhartt and Japanese brand Sacai raised $337,500 at auction with the top lot fetching $31,250. At the recent U.S. Open, tennis champion Naomi Osaka touted crystal-encrusted Labubus that cost some $500 from A-Morir. Due to high demand, the “Lablingblings” take four to six weeks for delivery, according to the New York custom eyewear and accessories maker.

Next up, the dolls are teaming up with Parisian maison Moynat. In just over two weeks, the fashion house is releasing a collection of handbags, leather accessories and, of course, bag charms that feature Labubus and two other characters by artist Kasing Lung, the Hong Kong Dutch artist who created Labubu. Moynat’s signature monogrammed canvas totes start at $2,150 and bag charms retail for $450.

While Labubu mania is new, high-end brands from Tiffany to Loewe are increasingly featuring characters like Pikachu and Totoro to court younger and digitally savvy customers. Done right, these collaborations not only generate hype, but pay off.

Omega’s “Silver Snoopy” Speedmaster watches are coveted collectors items, with its 2015 model, originally priced at $7,350, worth nearly $38,000 on the secondary market, according to market data provider WatchCharts. Jimmy Choo’s two collections with Sailor Moon, with the most recent one released in October, quickly sold out. Some brands create their own endearing characters, like Louis Vuitton dropping a line of “Louis Bear” stuffed animal bag charms in July.

Boston Consulting Group’s Jeff Lindquist told CNBC that these collaborations have picked up in popularity in the past decade to target customers who can afford high-end items but aren’t fashion-obsessed.

“Cute is not trivial. It is strategic,” said Lindquist, partner at BCG, where he advises luxury fashion and beauty brands. “It performs incredibly well on platforms like TikTok where virality and cultural relevance are what drives the visibility and the desirability of the brands.”

Moynat’s Bertrand Le Gall said the collaboration with Lung is a way for the 176-year-old maison to stay culturally relevant and resonate with customers.

“The cute elements, even though they have this deep artistic value and this deeper design value, I think we are playing on the emotional value of of everything,” said Le Gall, the image and communication director. “This emotional value is so important when it comes to a house like ours with a very long legacy and historical background.”

‘Element of cute’

French maison Moynat has partnered with Kasing Lung, the artist behind Labubu, on a limited collection of handbags and accessories.
Courtesy of Moynat

Gen Z customers are especially looking for emotional value, according to Lindquist. Many have pulled back their spending as they have felt the effect of inflation and see less value in traditional luxury goods.

“Gen Z sees luxury less as craftmanship and artistry and status and more as mirrors to their identities and their beliefs,” he said.

Daniel Langer, professor of luxury strategy at Pepperdine University, compared the draw of characters to that of celebrities.

“The characters stand for something, and those characters also have a fan base,” he said. “There’s people who really love them.”

But to drum up hype, collaborations, like Labubu blind boxes, should tap into the thrill of the hunt, he added. In the case of the Moynat collection, it will not retail online and only sell at one Moynat boutique at a time from Oct. 11 to early 2026

“Everyone who has a Labubu can tell a personal story about how they got them,” said Langer, who described buying an authentic but reasonably priced one for his daughter as “quite an undertaking.”

Naomi Osaka of Japan poses for a photo with her Labubu after defeating Greet Minnen of Belgium in the first round on Day 3 of the US Open at USTA Billie Jean King National Tennis Center on August 26, 2025 in New York City.
Robert Prange | Getty Images Sport | Getty Images

Capsule collections give brands the opportunity to experiment with new looks and broaden their audience, according to consultant Alexander Thiel.

“Collabs give you a license in the eye of the consumer to do something that otherwise for your brand would be unexpected and therefore opening it up to new audience,” said Thiel, who led McKinsey’s consumer packaged goods and retail business in Switzerland until September.

That said, brands run the risk of alienating their core audience, according to Thomai Serdari, marketing professor at New York University. For instance, while Loewe’s three collections with Studio Ghibli were successful, it would not have made sense for a more traditional brand to sell Totoro purses or wallets with the mouse from “Spirited Away.”

“In the case of Loewe, it made perfect sense, because they had an intentional shift from something very low-key and very traditional quiet luxury before the acquisition by LVMH,” she said. “Then within the portfolio of LVMH, they became the creative kid, the smaller brand that experiments and is playful.”

She also cautioned against trend chasing, saying a phenomenon like Labubu mania can “collapse as quickly as it was built.”

Shares of Pop Mart, the manufacturer of Labubu dolls, have sunk by roughly 21% since peaking in late August on analyst fears that the frenzy is fading. However, the stock is still up nearly 200% year to date, and some analysts are still bullish on Pop Mart’s prospects. HSBC’s Lina Yan noted that Labubu only started actively collaborating with brands like Coca-Cola in 2024.

“The supply and demand of Labubus won’t tilt 180 degrees,” Yan wrote. “We believe it is too early to call for a peak.”

It’s too soon to judge Labubu’s staying power. But Thiel said he thinks that the Labubu craze and influx of bag charms like Louis Bear indicate consumers are looking for innocent distractions from economic anxiety.

“We see that there’s a lot of anxiety and a lot of uncertainty, and not only in the parts of the socioeconomic demographic that are struggling economically, but across all levels,” he said. “I think it’s not surprising that there’s a bit of clinging to wholesomeness and that element of cute. I think it speaks to something deeper.”

Get Inside Wealth directly to your inbox

Continue Reading
  • The last day of doomsday: What is the viral ‘RaptureTok’ trend?
    by Danaus Chrysalis
    Read more on post. ADVERTISEMENT If you’re reading this today, Wednesday 24 September 2025 could be the last day before the end of the world as you know it. If you’re reading this tomorrow, you weren’t blipped out of existence and good luck with all the rebuilding. Please do better. Confused? We’ve got you covered.… Read more: The last day of doomsday: What is the viral ‘RaptureTok’ trend?
  • ‘Dawson’s Creek’ reunion sees James Van Der Beek make surprise appearance amid cancer battle
    by Danaus Chrysalis
    Read more on post. }TQ68eҲ1^8,g2De”Ӻx,dEIt#. !%%4pԞAO”]GM*M.H%7Aw=ɢXJ N(Wڎ:sgtTE=5WWyMUC%Ejxѝ8l”SМ@1R!m@5@(*F5(7s”7׳|5KY͒4O|_uNuxYbN@)IeUgJUYod8g&(cwyCphg_{j,nڗx0[?$bY,,%V”PzgQ-PQz(,~VZho7=9″Uh%27tiNӘM+e@laT:;$N8WI`V3(ۍ&yZ*.kʓJܿzv$C:|y/#9yħE[xq)l!ni[Ù$)Ir8P)IcܚoI$OI|q2d|WaW)Y{PFZVϺNOZ6Aٜ)I�6q$9KOY [sW|u#U+Y/Nk1hhƧIp, t(nخ[ WMRh#Q,gw z!li &baP{/λO=%T^i#@η~ݖ|UKFlYn 6Oo~_NFm ѝڑ|t̕O;l(ظq-@e&KiTk=%Zg̰!ys&�PNR7 DWi։�ʌ/X40 $ nȅ”x˺#]; ؄84]6=zۛ|ϲ!`znH0LS%ߺ^i@r, bc-Cq” Q?ǾcD$;W!Y`@’I2$b7$^JF MŤ3zd”>CEC5~U-sJj8=^0|iHBuq#”P=]l`Tyxޢk#Y# -A %A1}=4rGl J:4 =A)YSZCXg7`xt!lФY(2>]Kp.z”(‘2Lʈ4iQ.fYh�Ik$t�ʳ%3bVoS`gq.vy.wo�t5Z3KRa6n2*[TiKNiEJ;ZۣPaFX,Ê&vHze@F: *?l�I}]9$*2Xĥh5DKkp1U g;H”s3Cg�H Vգ,pka$4 ThlCkJW`$˵# hU*VjOK”νQ&a iՑHI|➎L4+tqԵ1�w,/PGEr$Y6+O..#ٳrqBvZ95^&*)GNI(aFòF9ߏJGءr>rƫ ,Z&H:d05hhW:*t&.”ji锖5V=_iM(AK2ɂÙ7bMѡ0±VU}{ORDL)un#존vAbTi@jIuIYT}8 x”xxD*#pldt’]b8Q強JC^/A5/d9�$0r87 E@鰉vU GbI ;F=c˙,hξ!{la$9} 9ʂ&}ftS8sʄcwIVi’@PbrɳlNl)3MoS8t@ogvl%1ZEʈR$8L)IҾTr&:xtoV@}9m7Ш#+:�5/DmT:|-Jlk&iRQ3+r2/5#�ި4!!qfZ[N w찣sD5b[N”Wu ·_^k՗VN/8FJ&SpE8sL+s v)’_~[pԷNm(rӀ>]ctR_hO!a;!T8Mga/Mұ;nKض0Tpk8M}’h3dja۞*UWF~6ZyfV’-o(Eϔsg_fu0GMeȭZ, gn(A?PUX@^g.L$4 ΞNqCzS’j1v2Kߨ3YG:#o8oZ.c1lm’UׯG4 BY=(v]aLSJlQg#L+’n]bzOP{l}*dr$ĆQ22x߿pnoAl-ԇUCx`*(1gХ)&Bғ$_7DvҒ>RăJ2РFpl1w먤 HW&q}N/ꃿO9Xz$)S8ii600]-w=2GEcEPE!9te)LI1i$9Q@+`ÿ }&bY`WM+.WZ.qO}?ֳ(6ʔM[98GNm[Gݦ3(c3էNЖ]Urb^YQ@2O#.*xMM�EG*>K@nSBIeTo,x^%z/sJy3ྍITEsAqV0”I&eTqZ. kQqױq’ 2ΉΫ:FJ vz8oQ/T2I*0a𠘅GF^KPtQIJMʽ!?̾Yk/UmիO”A?KVBOY!@Pȃ|}eY)_UL8OK4~4eik/+[V#q]i|JbHi!,Ǒ`QxhlRf1iIi1^י’%y$3j$Jw(ېBDY’ivW-Y{2aT(Vk|U=~j~%”NyːQ{[bhlCw0{JRv?XH|+z AUD+Uct,uAUbY3#}TXjx”/*ցZYdjeD y !ZIH{f&@^l`*4ƥ1_jMY0==x1KeLZ”/,/&ٹxd[b](C3B*ɝ7 Ϝ;Z|e`Ie. t}9U5-./ʤΫ圍NƝ5B^8%ZLbp7hs0y kIrLd”-׫Uβտ%:F̥ꗕl۽sPwR.P~~2 .}neb{!6՚?6H? J… Read more: ‘Dawson’s Creek’ reunion sees James Van Der Beek make surprise appearance amid cancer battle
  • Booker Prize 2025: Kiran Desai, David Szalay and Andrew Miller among shortlisted authors
    by Hosanna Boulter
    Read more on post. This year’s Booker Prize shortlist features an epic globetrotting love story between two young Indians; a man in the throws of a midlife crisis who undertakes a road trip across the US; a successful actor whose life is thrown into dissary by the appearance of a man who may or may… Read more: Booker Prize 2025: Kiran Desai, David Szalay and Andrew Miller among shortlisted authors
  • Brian’s back – what’s so funny about peace, love & understanding?
    by Danaus Chrysalis
    Read more on post. On April 10, 1999, I was in the producer’s chair in Studio 4 in RTÉ while we aired a special episode of a live Saturday night chat show called Kenny Live, hosted by Pat Kenny. The show was paying its respects to the late actor and comedian, Dermot Morgan, who died… Read more: Brian’s back – what’s so funny about peace, love & understanding?
  • Jimmy Kimmel returns: DeNiro cameos as Disney decides to up its prices
    by Danaus Chrysalis
    Read more on post. ADVERTISEMENT Timing is everything. Disney doesn’t seem to have learned that lesson.  Jimmy Kimmel got justifiably emotional as he returned to air last night, assuring his audience that it was “never my intention to make light of the murder of a young man.”  The late-night talk-show host, who was suspended “indefinitely”… Read more: Jimmy Kimmel returns: DeNiro cameos as Disney decides to up its prices

Trending