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COVID debt restructuring push not advanced enough, IMF chief cautions
  + stars: | 2021-06-15 | by ( Marc Jones | ) www.reuters.com sentiment -0.97   time to read: +2 min
International Monetary Fund (IMF) Managing Director Kristalina Georgieva arrives at the Grand Palais Ephemere for the Financing of African Economies Summit, at the Champs de Mars in Paris, France May 18, 2021. Ian Langsdon/Pool via REUTERSLONDON, June 15 (Reuters) - Efforts to restructure unsustainable debt burdens in some of world's poorest countries has not made enough progress, the head of the International Monetary Fund Kristalina Georgieva said on Tuesday. Speaking on webcast, the IMF's managing director said some progress was being made in Chad, which along with Ethiopia and Zambia has become a test case for a global debt relief plan known as the "Common Framework", more was needed. "We have to continue to work relentlessly, hopefully building from the DSSI (Debt Service Suspension Initiative) to the Common Framework to a much more prudent approach to debt restructuring, and at the Fund this is a top-of-mind priority." Reporting by Marc Jones; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons: Kristalina Georgieva, Ian Langsdon, Georgieva, Marc Jones, David Gregorio Our Organizations: Monetary Fund, Palais Ephemere, Economies, REUTERS LONDON, International Monetary, Thomson Locations: Paris, France, Chad, Ethiopia, Zambia
(Reuters) - Yield spreads on U.S. corporate high-yield bonds are unlikely to tighten much beyond the current levels due to the credit market’s composition and a possible rise in interest rates, according to asset manager Amundi. REUTERS/Philippe Wojazer“Spreads can go tighter, though not meaningfully tighter,” Ken Monaghan, co-head of high yield at Amundi U.S. told the Reuters Global Markets Forum on Tuesday. Amundi’s Monaghan pointed to BB-rated bonds comprising a greater share of the high yield market as a primary reason why spreads are unlikely to tighten significantly. “If nominal rates were to move meaningfully higher on an eventual Federal Reserve move, would those ... who have ‘vacationed’ in high yield return to their home markets? Monaghan said the Fed’s moves have had a less dramatic impact on high yield debt, with even a hawkish tone from the central bank not pushing up spreads significantly.
Persons: Philippe Wojazer “, Ken Monaghan, Treasuries, Amundi’s Monaghan, ” Monaghan, Monaghan Organizations: Reuters, Amundi, REUTERS, Reuters Global, Reserve, Fed, Reuters Global Markets Locations: Paris, France
France's Macron calls for European tech company push by 2030
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.93   time to read: +1 min
France's President Emmanuel Macron holds a news conference during the NATO summit in Brussels, Belgium June 14, 2021. French efforts to create "unicorns", or companies worth at least $1 billion, are still overshadowed by U.S. equivalents, however. Macron said last year he expected France to have 25 "unicorns" by 2025. They also recommended modernising regulations in Europe as well as creating competitive stock option schemes as part of initiatives to scale up European technology firms. ($1 = 0.8247 euros)Reporting by Sarah White and Matthieu Protard Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.
Persons: Emmanuel Macron, Christian Hartmann PARIS, Macron, Sarah White, Matthieu Protard, Alistair Bell Organizations: NATO, REUTERS, EU, Thomson Locations: Brussels, Belgium, Europe, France
A flag with the logo of Stellantis is seen at the company's corporate office building in Saint-Quentin-en-Yvelines near Paris, France, May 5, 2021. REUTERS/Gonzalo Fuentes/File PhotoMILAN, June 15 (Reuters) - Stellantis will produce four medium-segment electric vehicles at its Melfi plant in southern Italy from 2024, the UILM union said on Tuesday, after workers' representatives met with the carmaker at Italy's industry ministry. Future production will be based on a single enhanced production line that will merge the two existing lines, the union said in a statement. Stellantis, the world's fourth largest carmaker, was not immediately available for comment. Reporting by Giulio Piovaccari; editing by Agnieszka FlakOur Standards: The Thomson Reuters Trust Principles.
Persons: Gonzalo Fuentes, MILAN, Stellantis, Giulio Piovaccari, Agnieszka Flak Organizations: REUTERS, Thomson Locations: Saint, Yvelines, Paris, France, Melfi, Italy
REUTERS/Gonzalo Fuentes/File PhotoMILAN, June 15 (Reuters) - Stellantis (STLA.MI) will produce four medium-segment electric vehicles, of different brands, at its Melfi plant in southern Italy from 2024, the UILM union said on Tuesday. "Stellantis announced that Melfi would be the first plant in Italy to get new models, based on post-2022 business plan," UILM said in a statement after workers' representatives met with the carmaker at Italy's industry ministry in Rome. Stellantis Chief Executive Carlos Tavares has said the group would present its business plan late this year or in early 2022. Italy's Industry minister, Giancarlo Giorgetti, however, said in a separate statement after the meeting that Stellantis had yet to decide where it would build its third electric battery plant in Europe. The company is holding talks on this with Rome, as Italy is one of its main production hubs in Europe.
Persons: Gonzalo Fuentes, MILAN, Stellantis, Melfi, UILM, Rocco Palombella, Carlos Tavares, Giancarlo Giorgetti, Giulio Piovaccari, Agnieszka Flak Organizations: REUTERS, Fiat Chrysler, France's PSA, Stellantis, Italy's Industry, Thomson Locations: Saint, Yvelines, Paris, France, Melfi, Italy, Europe, Rome, Germany, United States
Vehicle manufacturers need to win over more rural Americans and Republicans, with the survey showing those groups express less enthusiasm than others for electric vehicles. Several automakers, including Ford Motor Co and General Motors Co, are planning to release all-electric trucks in the coming years. But no electric pickup truck is yet available, which means consumer attitudes about them are largely based on second-hand knowledge. A majority of 65% agreed that electric vehicles are the future of the auto industry, the poll showed. Nearly half of Americans - 46% - believe EVs are not worth the cost, the survey showed, with opinions again reflecting a political divide.
Persons: Linda Zhang, Rebecca Cook, Jim Richman, , ” Richman, EVs, , Darryll Harrison, Ford, Darren Palmer, Chris Sherman, ” Sherman Organizations: Reuters, REUTERS, Republicans, Ipsos, Rural, Ford Motor Co, General Motors Co, Ford, GM, Lightning, Ford’s North America EV Locations: Dearborn , Michigan, U.S, Austin , Texas, Ford’s, Paris , Texas, , United States
Vehicle manufacturers need to win over more rural Americans and Republicans, with the survey showing those groups express less enthusiasm than others for electric vehicles. But no electric pickup truck is yet available, which means consumer attitudes about them are largely based on second-hand knowledge. A majority of 65% agreed that electric vehicles are the future of the auto industry, the poll showed. Nearly half of Americans - 46% - believe EVs are not worth the cost, the survey showed, with opinions again reflecting a political divide. Sherman said he had so far received 10 reservations for the electric truck and that he fields up to 40 phone calls per day about it.
Persons: Linda Zhang, Rebecca Cook, Jim Richman, Richman, EVs, Darryll Harrison, Ford, Darren Palmer, Chris Sherman, Sherman, Tina Bellon, Paul Lienert, Joe White, Chris Kahn, Matthew Lewis Organizations: REUTERS, Reuters, Republicans, Ipsos, Rural, Ford Motor, General Motors Co, Ford, GM, Lightning, Ford's North America EV, Thomson Locations: Dearborn , Michigan, U.S, Austin , Texas, Ford's, Paris , Texas, United States, Detroit
Back in fashion: Chanel enjoys strong recovery from pandemic
  + stars: | 2021-06-15 | by ( Silvia Aloisi | ) www.reuters.com + 0.00   time to read: +3 min
FILE PHOTO: The logo of fashion house Chanel is seen on a store in Paris, France, June 18, 2020. REUTERS/Charles Platiau/File PhotoPrivately-owned Chanel, known for its tweed suits, quilted handbags and No. 5 perfume, is one of the biggest brands in the 280-billion euros ($340 billion) global luxury industry alongside LVMH’s Louis Vuitton. Revenues at LVMH fell by 16% in 2020, while those at Hermes were down by just 6%. “Chanel will not participate in this consolidation either as a target or as an acquirer.
Persons: Chanel, Charles Platiau, LVMH’s Louis Vuitton, Philippe Blondiaux, ” Chanel, Blondiaux, coronavirus lockdowns, , Coco Chanel, Alain, Gerard Wertheimer, “ Chanel Organizations: PARIS, REUTERS, Reuters Locations: MILAN, Paris, France, LVMH, China, United States
Maritime Regulator Sets Carbon Measures Amid Dissent
  + stars: | 2021-06-15 | by ( Costas Paris | ) www.wsj.com + 0.00   time to read: +4 min
The world’s top maritime regulator has agreed to a plan to cut the “carbon-intensity” of ocean-going vessels, overriding objections from Western countries that the accord doesn’t commit the shipping sector to specific emission cuts. But as anticipated, the pact set no specific targets, a subject that will not be addressed till 2023. The EU is considering its own measures, including adding the shipping sector to the bloc’s carbon-trading scheme. Several IMO member-nations, including Brazil, Argentina, Chile and a host of African nations, pushed for lighter targets. The shipping industry accounts for around 2.5% of all global greenhouse-gas emissions, according to the regulator.
Persons: , Lars Robert Pedersen, , ’ ’, Costas Paris Organizations: International Maritime Organization, United Nations, European Union, costas.paris Locations: London, Denmark, EU, U.S, Brazil, Argentina, Chile, Asian
Gold little changed as markets await U.S. Fed meeting
  + stars: | 2021-06-15 | by ( ) www.cnbc.com sentiment -1.00   time to read: +1 min
A one kilo Swiss gold bar and US dollars gold coins are pictured in Paris on February 20, 2020. Gold prices steadied on Tuesday, after falling to a near one-month low in the previous session, as investors awaited the U.S. Federal Reserve meeting for further clarity on rising inflation and monetary policy going forward. Investors now await the Wednesday outcome of the Fed's two-day policy meeting. Recent data showing a spike in U.S. consumer prices has benefited gold as it is seen as a hedge against inflation. But, rising inflation concerns could also force policymakers into an earlier tapering of currency-depreciating stimulus.
Organizations: U.S . Federal, Benchmark, Investors Locations: Paris, .
The meeting marks the return of EU-US collaboration on fighting climate change, after former President Donald Trump pulled the United States out of the Paris Agreement and rolled back environmental regulations. The United States and EU are the world's second- and third- biggest emitters of CO2, respectively, after China. A draft of their summit statement, seen by Reuters, outlines plans for a transatlantic alliance to develop green technologies, and points to sustainable finance as an area for closer transatlantic collaboration. The United States pledged in April to double its climate funding by 2024 from high average levels hit during the Obama administration of roughly $2.8 billion. The EU and its member countries are, taken together, the biggest provider of climate finance to developing countries, contributing 21.9 billion euros in 2019.
Persons: Joe Biden, Ursula von der Leyen, Charles Michel, Donald Trump, Obama, Biden, Nat Keohane Organizations: European Union, European, EU, Reuters, United, Democrats, Republicans, Environmental Defense Fund, Thomson Locations: States, European, United States, Paris, EU, China, Canada, Germany, Brussels, Washington, U.S
Like Alicia in “Master of None,” I really had no idea what the process would look like, or whether I could handle it. (The average cost in the United States, including medication, is about $25,000.) That idea was quickly crushed as I learned that single women and lesbian couples are banned from receiving I.V.F. Some dear friends, a married couple, had invited me to stay with them while I went through the procedures, which would be much less expensive than in the United States. I started the paperwork, made initial appointments at a clinic, and started reviewing sperm banks in northern Europe.
Persons: Alicia, , biggie Organizations: Senate Locations: New York City, United States, Europe, Paris, France, Denmark
Grand designs: the refugees in Paris with an eye on fashion
  + stars: | 2021-06-15 | by ( Michaela Cabrera | ) www.reuters.com + 0.99   time to read: +2 min
Afghan asylum seeker Payman Haideri and fashion school graduate Kyle Emunson are seen at a workshop in Antony, near Paris, France, June 11, 2021. Now he's involved in a collaboration between French fashion students and migrants from Afghanistan and the Middle East. Reprise evolved from a rudimentary sewing workshop. Model and (play) cricket," said asylum seeker Imran Hazarbuz, who used to play cricket in his native Afghanistan. The fashion students and social workers want to get hold of professional sewing machines and fabric from fashion brands.
Persons: Payman, Kyle Emunson, Michaela Cabrera, Husseini, he's, Imran Hazarbuz, Hugo Castejon, Blanchard Organizations: REUTERS, Thomson Locations: Antony, Paris, France, Iran, Afghanistan's Ghazni, Afghanistan
Explainer: California reopens, mostly, on Tuesday
  + stars: | 2021-06-15 | by ( Jane Lee | ) www.reuters.com + 0.00   time to read: +3 min
A man walks down a street in Encinitas, as California Governor Gavin Newsom said his state would keep its mask order in place for another month, in California, U.S., May 17, 2021. Here is what's changing for California offices, and what's not. Workplace rules are dictated by the California Occupational Safety and Health Standards Board, which has debated keeping restrictions in place longer than the governor. Under the newest proposal, which will be voted on June 17, fully vaccinated office workers won’t need to wear a mask in normal circumstances. Many are waiting until after the Labor Day holiday, on Sept. 7, or even 2022, to reopen offices fully.
Persons: Gavin Newsom, Mike Blake California, what's, Newsom, Francisco’s, Salesforce Organizations: REUTERS, California Occupational Safety, Health, Board, BIG, Tech, Labor, Twitter, Google, Facebook Inc, Apple, U.S . Centers for Disease Control, Thomson Locations: Encinitas, California, U.S, COVID, Silicon Valley, San Francisco , New York, Paris, London
Ikea France has been fined $1.2 million for spying on workers. Prosecutors had been pushing for a 2 million euro ($2.4 million) fine. The French branch of Ingka Group, which owns most Ikea stores worldwide, was accused of snooping on its workers and some clients over several years. Prosecutors had been pushing for a two million euro fine. Ingka Group is the main franchisee to brand owner Inter Ikea Group.
Persons: snooping, Solene Debarre, Jean, Louis Baillot, Stefan Vanoverbeke Organizations: Ikea, Prosecutors, Ingka, France's CGT, CGT, France, Inter Ikea Group Locations: Ikea France, France, Germany, United States, Paris
IKEA fined $1.2 million for spying on French employees
  + stars: | 2021-06-15 | by ( ) www.cnbc.com sentiment -1.00   time to read: +2 min
LONDON, UNITED KINGDOM - 2019/09/22: IKEA sign seen outside its showroom in London. (Photo by Dinendra Haria/SOPA Images/LightRocket via Getty Images)A French court on Tuesday ordered IKEA to pay a 1 million euro ($1.2 million) fine for spying on its French staff, after the world's biggest furniture retailer was found guilty of improperly gathering and storing data on its employees. The French branch of Ingka Group, which owns most IKEA stores worldwide, was accused of snooping on its workers and some clients over several years. The flatpack furniture group, which has recognised there were some improper practices, was accused of breaching employees' privacy by reviewing records of their bank accounts and sometimes using fake employees to write up reports on staff. "IKEA Retail France has strongly condemned the practices, apologised and implemented a major action plan to prevent this from happening again," the Ingka group said.
Persons: Dinendra Haria, snooping, Solene Debarre Organizations: UNITED, IKEA, Getty, Ingka, Prosecutors, France's CGT, CGT, France Locations: UNITED KINGDOM, London, France, Germany, United States, Paris
Bolloré and Ackman will beat the Vivendi activists
  + stars: | 2021-06-15 | by ( Christopher Thompson | ) www.reuters.com + 0.00   time to read: +3 min
That is unlikely to prevent owner Vincent Bolloré and suitor Bill Ackman from getting their way. It’s possible that Loeb could push Bolloré to extract better terms from Ackman, rather than ditching the whole plan. - It is "evaluating" the French media conglomerate’s plan to sell a stake in label Universal Music to rival billionaire investor William Ackman. - Vivendi, controlled by tycoon Vincent Bolloré, last month set out a plan to list Universal, the world's largest music group, in Amsterdam by Sept. 27. - Activist fund Bluebell Capital Partners and investment fund Artisan Partners have also raised concerns about the spinoff.
Persons: Dan Loeb, Steve Marcus Vivendi’s, doughty, Vincent Bolloré, Bill Ackman, Loeb, Bolloré won’t, Daniel Loeb, William Ackman Organizations: REUTERS, Universal, Vivendi, HK, Warner Music, Artisan Partners, Bluebell Capital Partners, Elliott Management, Reuters, Universal Music Locations: Las Vegas , Nevada, U.S, Italy, William Ackman . New York, Paris, Amsterdam
French Muslims pay heavy price in COVID pandemic
  + stars: | 2021-06-15 | by ( Caroline Pailliez | ) www.reuters.com + 0.00   time to read: +7 min
But evidence collated by Reuters - including statistical data that indirectly captures the impact and testimony from community leaders - indicates the COVID death rate among French Muslims is much higher than in the overall population. But in France, the pandemic throws into sharp relief the inequalities that help fuel tensions between French Muslims and their neighbours - and which look set to become a battleground in next year's presidential election. There is no official data, but undertakers said around three quarters of French Muslims were buried abroad pre-COVID. Statisticians also use data on foreign-born residents to build a picture of the impact of COVID on ethnic minorities. This shows excess deaths among French residents born outside France were up 17% in 2020, versus 8% for French-born residents.
Persons: Mamadou Diagouraga, Diagouraga, it's, M'Hammed Henniche, Denis, Emmanuel Macron's, Boubou, undertakers, Undertakers, Samad Akrach, Akrach, Michel Guillot Organizations: Reuters, Statisticians, Institute for Demographic Studies, Thomson Locations: Paris, COVID, France, North Africa, Seine, United States, MECCA, Mecca, Islam, Valenton, de, Marne, Val, Somali, Africa, French
Congo caps public gatherings as third COVID-19 wave builds
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.97   time to read: +1 min
African Union President and President of Congo Democratic Republic Felix Tshisekedi speaks during a joint news conference at the end of the Summit on the Financing of African Economies in Paris, France May 18, 2021. Ludovic Marin/Pool via REUTERS//File PhotoThe Democratic Republic of Congo will limit public gatherings to 20 people and close nightclubs as the country grapples with a third wave of COVID-19, President Felix Tshisekedi said on Tuesday. Congo has officially registered relatively few cases, but low vaccination rates have left the country vulnerable to more contagious strains, including the highly-infectious Delta variant. Congo has registered more than 35,000 infections and 834 deaths, according to figures from the Africa Centre for Disease Control. The World Health Organization said on June 2 that COVID-19 cases in Congo were rising exponentially.
Persons: Congo Democratic Republic Felix Tshisekedi, Ludovic Marin, Felix Tshisekedi, Tshisekedi Organizations: Congo Democratic, REUTERS, Democratic, Africa Centre for Disease Control, World Health Organization, Thomson Locations: Congo, Congo Democratic Republic, Paris, France, Democratic Republic of Congo, Kinshasa
U.S. and EU bury trade hatchet in China’s back
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.65   time to read: +2 min
LONDON, June 15 (Reuters Breakingviews) - Shelving a 17-year spat over Boeing (BA.N) and Airbus (AIR.PA) subsidies speaks volumes about U.S. and European concerns over China. Tuesday’s agreement between Washington and Brussels stops short of a full-blown peace deal. Boeing’s 737 MAX problems opened a narrow window to state-backed Commercial Aircraft Corporation of China. The deal, announced during U.S. President Joe Biden’s first visit to Europe, puts more cement in the cracks opened in the transatlantic relationship by his predecessor. It also throws a lifeline to everything from the European cheese- to American suitcase-makers who faced retaliatory levies just as economies emerge from the pandemic.
Persons: Joe Biden’s, , Ed Cropley, George Hay, Karen Kwok Organizations: Airbus, Boeing, 51st Paris Air, LONDON, Reuters, Commercial Aircraft Corporation of China, Emirates Locations: Le Bourget, Paris, China, Washington, Brussels, Middle Kingdom, Europe, Singapore
Carlos Betancourt is the co-founder of BKCoin Capital, a $65 million-asset crypto hedge fund. He breaks down three under-the-radar drivers that could shortly reboot the crypto bull market. He shares why he thinks El Salvador's acceptance of bitcoin as legal tender is "extremely powerful." While big-name investors and influential individuals tend to move the markets, Betancourt believes that there have been some positive developments flying under the radar in the crypto market that could really reboot the bull market . "But we continue to be bullish, we still think that we are in a bull market and there's a good chance that we'll see all-time highs again before the end of the year."
Persons: Carlos Betancourt, El, Betancourt, " Betancourt, Satoshi Nakamoto, What's, Elon, Musk, Tesla, Paul Tudor Jones, bitcoin, Dan Tapiero, Solana, Andreessen Horowitz, Ethereum's, We've, Kevin Kang Organizations: BKCoin, Financial District, Bitcoin, Tesla, Holdings, Solana Labs, Polychain, MicroStrategy Locations: New York City, bitcoin, China, Paris, Latin America, El Salvador
IKEA fined $1 million for spying on workers in France
  + stars: | 2021-06-15 | by ( Joseph Ataman | Xiaofei Xu | Cnn Business | ) edition.cnn.com sentiment -0.99   time to read: +1 min
Paris (CNN Business) A French court has ordered IKEA to pay a €1 million ($1.2 million) fine after finding the Swedish retailer guilty of improperly using employee data. The French subsidiary of IKEA was on trial alongside 15 people including former executives over an alleged "spying system" deployed against current and prospective employees between 2009 and 2012, according to court documents. IKEA France's former CEO, Jean-Louis Baillot, was handed a two-year suspended prison sentence and fined €50,000 ($60,500), according to the judgment. The judgment details how IKEA France paid private investigators to obtain private information on current and prospective employees. Court documents also reveal demands for an investigation into a "model employee" who had "from one day to the next become very militant."
Persons: Jean, Louis Baillot, Baillot, Read Organizations: Paris, CNN, IKEA, IKEA France Locations: Versailles
The Amazon Air fleet also moves cargo for USPS, according to a recent Information report. We took a look inside one at the Paris Air Show, to see how Amazon gets your orders to you quickly. Amazon Air plans to continue to grow its footprint with a fleet of more than 85 planes, including 11 Boeing jets by the end of 2022. In 2019, Amazon began adding Boeing planes, which are older 737-800 planes that have been converted to carry cargo around the world. At the time, Insider took a look around a newly converted plane at the Paris Air Show, before it was delivered.
Organizations: Amazon, Amazon Air, USPS, Paris Air, US Postal Service, UPS, FedEx, Boeing Locations: Delta
REUTERS/Philippe WojazerJune 15 (Reuters) - Yield spreads on U.S. corporate high-yield bonds are unlikely to tighten much beyond the current levels due to the credit market’s composition and a possible rise in interest rates, according to asset manager Amundi. (AMUN.PA)"Spreads can go tighter, though not meaningfully tighter," Ken Monaghan, co-head of high yield at Amundi U.S. told the Reuters Global Markets Forum on Tuesday. Amundi's Monaghan pointed to BB-rated bonds comprising a greater share of the high yield market as a primary reason why spreads are unlikely to tighten significantly. "If nominal rates were to move meaningfully higher on an eventual Federal Reserve move, would those ... who have 'vacationed' in high yield return to their home markets? read moreMonaghan said the Fed's moves have had a less dramatic impact on high yield debt, with even a hawkish tone from the central bank not pushing up spreads significantly.
Persons: Philippe Wojazer, Amundi, Ken Monaghan, Treasuries, Amundi's Monaghan, Monaghan, Lisa Pauline Mattackal, Aaron Saldanha, Arun Koyyur Organizations: REUTERS, Reuters Global, Reserve, Fed, Reuters Global Markets, Thomson Locations: Paris, France, Bengaluru
Sudan's prime minister warns of risk of chaos, civil war
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.99   time to read: +2 min
REUTERS/Sarah Meyssonnier/PoolKHARTOUM, June 15 (Reuters) - Sudan's prime minister warned on Tuesday of the risk of chaos and civil war fomented by loyalists of the previous regime as he sought to defend reforms meant to pull the country out of a deep economic crisis and stabilise a political transition. "The deterioration of the security situation is mainly linked to fragmentation between components of the revolution, which left a vacuum exploited by its enemies and elements of the former regime," Hamdok said. He said that without reform of Sudan's sprawling security sector, which expanded under Bashir as he fought multiple internal conflicts, Sudan will continue to face internal and external threats. "These fragmentations can lead us to a situation of chaos and control by gangs and criminal groups, just as it can lead to the spread of conflict among all civilian groups and might lead to civil war." Additional reporting by Alaa Swilam Writing by Aidan Lewis Editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.
Persons: Abdalla Hamdok, Emmanuel Macron, General Abdel Fattah al, Burhan, Sarah Meyssonnier, Hamdok, Omar al, Bashir, Alaa, Aidan Lewis, Mark Heinrich Our Organizations: Sudan's, French, Sudan's Sovereign, International Conference, REUTERS, Thomson Locations: Sudan, Paris, France, KHARTOUM, Khartoum
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