Deutsche Bank has reached a settlement with the US Justice Department to pay $3.1 billion (2.9 billion euros) in civil penalties and provide $4.1 billion relief to consumers. It is the DoJ’s first accord with a European bank over misconduct that contributed to the US housing-market collapse. Source Deutsche Welle
Nine public-sector unions representing 5.7 million public service agents have called for strike action and demonstrations to protest reforms and voice salary and staffing concerns in the face of a government that has pledged to cut 120,000 public-sector positions by the time President Emmanuel Macron’s term ends in 2022. Source France24
French President Emmanuel Macron on Tuesday said he would not announce a new plan to fix the country’s poor suburbs but rather called on France’s biggest companies to do their part to combat discrimination and poverty. Source France24
Israel is the first country to have used the U.S.-made F-35 stealth fighter in combat, the Israeli air force chief said on Tuesday in remarks carried by the military’s official Twitter account. Source: Reuters
