ECB’s Lagarde Sees Signs of Softening In Euro-Area Labor Market
European Central Bank President Christine Lagarde said there’s evidence of softening in the region’s jobs market, which officials
1970-01-01 08:00
Tesla Sues Swedish State, Postal Service After Strike Actions
Tesla Inc has sued the Swedish state and the country’s postal service after a spiraling strike in the
1970-01-01 08:00
Storm May Dump a Foot of Snow in Western New York: Weather Watch
A cold air front crossing Lakes Erie and Ontario could drop 12 to 18 inches (30.5 to 45.7
1970-01-01 08:00
Germany Approves Revised 2023 Budget Suspending Borrowing Limit
German Chancellor Olaf Scholz’s government approved a supplementary 2023 budget that includes the suspension of rules limiting net
1970-01-01 08:00
Spain announces a 1.4 billion-euro deal to help protect the prized Doñana wetland from drying up
National and regional authorities in Spain signed an agreement Monday to invest 1.4 billion euros ($1.5 billion) in areas around the treasured national park of Doñana in a bid to stop the park from drying up. Ecological Transition Minister Teresa Ribera said the plan was aimed at encouraging farmers to stop cultivating crops that rely heavily on water from underground aquifers that have been overexploited in recent years, damaging one of Europe’s largest wetlands. “This is an agreement with which we put an end to pressure on a natural treasure the likes of which there are few in the world,” Ribera said. Andalusia regional President Juan Moreno said farmers will receive financial incentives to stop cultivating and to reforest land in and around some 14 towns close to Doñana. He said farmers who wish to continue cultivating will receive less money but must switch to farming dry crops ecologically. As part of the agreement, Andalusia will cancel previously announced plans to expand irrigation near Doñana, a decision that UNESCO, the central government and ecologists criticized for putting more pressure on the aquifer. A UNESCO World Heritage Site and Biosphere Reserve, Doñana is a wintering site for half a million waterfowl and a stopover spot for millions more birds that migrate from Africa to northern Europe. Ecologists working in and near the park have long warned that its ecosystem of marshes and lagoons is under severe strain because of agriculture and tourism. The situation has been made worse by climate change and a long drought, along with record high temperatures. Andalusia recently announced a plan to allow the Doñana park to annex some 7,500 hectares (18,500 acres) by purchasing land from a private owner for 70 million euros. Doñana currently covers 74,000 hectares (182,000 acres) on an estuary where the Guadalquivir River meets the Atlantic Ocean on Spain’s southern coast. ___ Follow AP’s climate and environment coverage at https://apnews.com/hub/climate-and-environment Read More Elon Musk visits Israel to meet top leaders as accusations of antisemitism on X grow Tesla sues Swedish agency as striking workers halt delivery of license plates of its new vehicles Qatar is the go-to mediator in the Mideast war. Its unprecedented Tel Aviv trip saved a shaky truce
1970-01-01 08:00
SBB Taken Off CreditWatch Negative By S&P After Bond Buyback
S&P confirmed its CCC+ credit rating of Samhallsbyggnadsbolaget i Norden AB after the struggling Swedish landlord bought back
1970-01-01 08:00
Russia-Ukraine war – live: Putin ‘senselessly sending Russians to die’ amid highest casualties since war began
Vladimir Putin has been accused of “senselessly sending more Russians to die than at any time since the war began” as neither Moscow or Kyiv appear to be making any substantial advancement in the 21-month-old conflict. UK Defence Secretary Grant Shapps made the strong claim on X, formerly called Twitter, as the Ministry of Defence released figures showing the number of Russians casualties had risen to an average 931 a day this month. The number, from Ukraine’s General Staff and described as “plausible” by the MoD, is higher than the previously reported deadliest month in March, when there were an average 76 deaths and injuries a day. The increase comes as Russia, which widened its conscription programme earlier this year, continues its assault on the key towns of Donbas and Avdiivka. Both attacks, the MoD say, contribute to the casualties. Mr Shapps wrote: “Putin is stepping up his invasion - senselessly sending more Russians to die than at any time since the war began. “Ukrainian bravery and western support is holding back their advance, but we cannot be complacent. Ukraine needs our unwavering support to fight and win.” Read More World’s attention must ‘stay on Ukraine’, warns ex-Nato chief 'You’ll die in this pit': Takeaways from secret recordings of Russian soldiers in Ukraine Dead, wounded or AWOL: The voices of desperate Russian soldiers trying to get out of the Ukraine war Kyiv hit by biggest Russian drone attack since war began
1970-01-01 08:00
Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
1970-01-01 08:00
Chef to Pharrell and Dior Now Opening in Dubai at Luxury Hotel
Hi it’s Lisa Fleisher, your luxury correspondent in the Middle East. I decided last-minute to book a flight
1970-01-01 08:00
More than half a million people left without power in Crimea, Russia and Ukraine after huge storm
More than half a million people were left without power in Crimea, Russia and Ukraine after a storm in the Black Sea area flooded roads, ripped up trees and took down power lines, Russian state news agency Tass and Ukraine's energy ministry said. Meanwhile, the Moscow region experienced its heaviest snowfall in 40 years, the governor said. The storms and snowfall were part of a weather front that left one person dead and many places without electricity amid heavy snow and blizzards in Romania and Moldova on Sunday. The head of Russia's national meteorological service said the storm that hit Crimea was the most powerful since record keeping began, state news agency RIA Novosti reported. Crimea was annexed from Ukraine by Russia in 2014 and is a key military and logistics hub for Russia as it pursues its war in Ukraine. It is unclear whether the storm damaged any Russian military equipment or defenses. The storm also hit southern Russia and sent waves flooding into the beach resort of Sochi, blew the roof off a five-story building in Anapa and damaged homes and schools in Kuban, the state news agency said. It also caused a cargo ship to run aground near Anapa. Local Russia-installed officials said one person died in Crimea after going out to look at the waves in a village near the town of Sudak in the southern part of the peninsula, while other people were hospitalized or evacuated from their homes. The government in Crimea told people to stay at home on Monday and closed government facilities including schools and hospitals as strong winds were expected to continue. The storm prompted several Crimean regions to declare a state of emergency, Tatyana Lyubetskaya, a Russia-installed official at the Crimean environmental monitoring department, told Tass. Roman Vilfand, the head of Russia’s national meteorological service, told RIA Novosti that a similar storm hit the region in November 1854 during the Crimean War. It aused at least 30 ships to sink off Crimea’s coast, RIA Novosti said. The head of one Crimean region, Natalia Pisareva, said everyone in the Chernomorske area of western Crimea lost water supply as well as central heating because pumping stations had lost power. There were also reports of a problem with a gas pipeline in Saky in western Crimea. Around 800 exotic fish died in an aquarium in Sevastopol after the room they were in was flooded, the Crimea 24 TV channel reported. The fish, including pikes and piranhas, died from thermal shock after cold sea water flooded the aquarium, the aquarium director told RIA Novosti. Ukraine's Ministry of Energy said more than 2,000 towns and villages were without electricity in 16 Ukrainian regions, including Kyiv, Odesa and Mykolaiv. It said it expected the weather to worsen, with forecasters predicting more strong winds and snowfall. In southern Russia, the Caspian Pipeline Consortium stopped crude oil loading at the Novorossiysk port on Monday due to “extremely unfavorable weather conditions,” including winds of up to about 86 kilometers (54 miles) per hour and waves of up to 8 meters (26 feet). Heavy snow in the Moscow region caused drifts of up to 25 centimeters (almost 10 inches), three times more than normal, Tass said. Andrei Vorobyov, the governor of the Moscow region, said about 3,000 people worked to clear the streets after the heaviest snowfall in 40 years. In Serbia, heavy snow that fell over the weekend left villages cut off and thousands of people without electricity. A 53-year-old man was reported missing on Sunday in central Serbia and the search for him is continuing, RTS state television reported. Read More Ukraine aims a major drone attack at Crimea Russia puts Ukrainian winner of 2016 Eurovision on wanted list Ukraine's troops work to advance on Russian-held side of key river after gaining footholds Ukrainian marines claim multiple bridgeheads across a key Russian strategic barrier Russia admits Ukrainian troops crossed Dnipro river but says ‘fiery hell’ awaits them Blow for Putin as Ukraine takes major step in bid to outflank Russian troops
1970-01-01 08:00
Sunak’s Courting of Global Business Can’t Hide Shift to Labour
Prime Minister Rishi Sunak pulled out all the stops on Monday to plug the UK as a place
1970-01-01 08:00
Six teenagers on trial for alleged role in beheading of French teacher who showed Islamic cartoon
Six teenagers go on trial Monday in Paris for their alleged roles in the beheading of a teacher who showed caricatures of the prophet of Islam to his class, a killing that led authorities to reaffirm France's cherished rights of expression and secularism. Samuel Paty, a history and geography teacher, was killed on Oct. 16, 2020, near his school in a northwest Paris suburb by an 18-year-old of Chechen origin who had become radicalized. The attacker was in turn shot dead by police. Paty’s name was disclosed on social media after a class debate on free expression during which he showed caricatures published by the satirical newspaper Charlie Hebdo, which triggered a newsroom massacre by extremists in January 2015. All hearings at a Paris juvenile court are to be held without media in accordance with French law regarding minors. Among those going on trial, a teenage girl, who was 13 at the time, is accused of making false allegations for wrongly saying that Paty had asked Muslim students to raise their hands and leave the classroom before he showed the cartoons. She later told investigators she had lied. She was not in the classroom that day and Paty did not make such a request, the investigation has shown. Five other students of Paty's school, then 14 and 15, are facing charges of criminal conspiracy with the aim of preparing aggravated violence to be committed. They are accused of having waited for Paty for several hours until he left the school and of having identified him to the killer in exchange for promises of payments of 300-350 euros ($348-$406). The investigation established that the attacker knew the name of the teacher and the address of his school, but he did not have the means to identify him. All six teenagers are facing 2 1/2-year in prison. The trial is scheduled to end on Dec. 8. Eight other adults are to be sent to trial later. They include the father of the teenage girl charged with false allegations. At the time, he had posted videos on social media that called for mobilization against the teacher. A radical Islamic activist who helped him disseminate the virulent messages naming Paty has also been charged. The trial comes six weeks after a teacher was fatally stabbed and three other people injured in a school attack by a former student suspected of Islamic radicalization. The killing in a context of global tensions over the Israel-Hamas war led French authorities to deploy 7,000 additional soldiers across the country to bolster security and vigilance. Read More Pope Francis getting antibiotics intravenously for lung problem, limiting appointments, Vatican says Biden to convene new supply chain council and announce 30 steps to strengthen US logistics Jill Biden says White House decor designed for visitors to see the holidays through a child's eyes Representatives of European and Arab countries meet in Barcelona to discuss the Israel-Hamas war Wilders ally overseeing first stage of Dutch coalition-building quits over fraud allegation Live updates | Israel and Hamas prepare for fourth swap as mediators seek to extend cease-fire
1970-01-01 08:00