Iceland volcano – live: Experts reveal exact location for ‘likely’ eruption as magma flow continues
Almost 100 earthquakes shook Iceland from midnight today, as the country remains apprehensive about an imminent eruption. The strongest earthquake with a magnitude of 3.35 hit Vatnafjoll in South Iceland this morning at 5.56am, report the Icelandic Met Office. Yesterday night a seismic swarm started around the dike intrusion just north of the evacuated town of Grindavik. The Icelandic Met Office continues to warn of the “persistent likelihood of an imminent eruption”. In its latest update, the forecaster said there were around 100 earthquakes on Monday, with a “swarm” near the town which lasted just over an hour before midnight. A fortnight ago, Grindavik was evacuated after magma-induced seismic activity tore vast chasms through the streets of the town. While hundreds of earthquakes are still hitting the surrounding area daily, “seismic activity continues to decrease”, said the Icelandic Met Office, adding: “The likelihood of an imminent volcanic eruption diminishes with time.” However, one civil protection official told theThe Independent “It is still dangerous here ... I have never seen anything like it before. Usually we will have a few minutes warning to get out, but with the weather like it is today, we have even less.” Read More What to do with Grindavík: Has Iceland’s #1 selfie spot just emerged out of the ground? Is it safe to travel to Iceland? Your rights if you have a holiday booked Every resident of an Icelandic town was evacuated due to a volcano. Daring rescuers went back to save the pets
2023-11-29 15:54
Saudi Arabia to Buy 10% Stake in Heathrow in Ownership Reshuffle
Saudi Arabia’s Public Investment Fund will buy a 10% stake in London Heathrow Airport as part of a
2023-11-29 15:51
Analysis-Investors spy value in cheap Finnish stocks after China and Russia pain
By Danilo Masoni Finland's beaten-down stock market may offer value for investors next year, money managers say, with
2023-11-29 15:21
Global Bonds Surge Toward Best Month Since 2008 Financial Crisis
Global bonds are soaring at the fastest pace since the 2008 financial crisis. A Bloomberg gauge of global
2023-11-29 14:53
Finland plans to close its entire border with Russia over migration concerns
Finland will close its last remaining road border with Russia due to concerns over migration, Prime Minister Petteri Orpo said Tuesday, accusing Moscow of undermining Finland's national security. Finland already closed seven of its eight of the checkpoints along its long border Russia this month following a surge in arrivals of migrants from the Middle East and Africa. The government accuses Moscow of ushering the migrants toward the Finnish border. “The government has decided to close the entire eastern border," Orpo told reporters, saying the country faced an "exceptional" situation. “We don’t accept any attempt to undermine our national security," he said. Finnish authorities say about 900 migrants crossed the border from Russia this month, significantly more than normal. It has accused Russia of trying to create a migration crisis in Finland following the Nordic nation's entry into NATO this year. Interior Minister Mari Rantanen said the last border crossing for vehicle traffic that remains open, Raja-Jooseppi in Finland's Arctic north, would close at midnight Wednesday. A railway crossing between the two countries remains open but for cargo traffic only. Read More Ukraine war: Finland closes 830-mile eastern border as Kyiv suffers drone attack Climate contradictions key at UN talks. Less future warming projected, yet there's more current pain US gas prices have fallen or remained steady for 10 weeks straight. Here's why
2023-11-29 14:24
Russia-Ukraine – live: Finland closes 830-mile eastern border as Kyiv suffers another drone attack
Finland has announced it will close its last remaining border crossing with Russia amid concerns that Moscow is using migrants as part of “hybrid warfare” to destabilise the Nordic country following its entry into NATO. “The government has decided to close all the crossing points on the entire (830-mile) eastern border,” prime minister Petteri Orpo told reporters, saying Finland faced an “exceptional” situation that the government blames on Moscow for orchestrating. The Kremlin has denied encouraging migrants to enter Finland and says it regrets the Finnish border closures. It comes as multiple drones were fired towards Kyiv on Tuesday evening, causing air raid sirens to go off and sending civilians down into the bomb shelters. A Ukrainian monitoring group announced the presence of a handful of drones at around 9pm local time heading towards southern regions of Kyiv Oblast. Russia appears to have stepped up its assault on Ukrainian hubs hundreds of miles from the frontline in the last fortnight. Last winter, a similar trend occured as Russia tried to destroy critical infrastructure across the country. Read More Ukraine spy chief’s wife treated for metal poisoning as Putin rants at West for ‘plundering’ Russia Ukraine spy chief's wife undergoes treatment for suspected poisoning with heavy metals Ukrainian emergency workers tow ambulance from snow as storm kills at least five
2023-11-29 14:22
Saudis Forecast to Cut Oil Price to Asia as Competition Heats Up
Saudi Aramco is forecast to cut the price of its flagship oil grade to Asia for the first
2023-11-29 12:15
Oil Holds Advance With OPEC+ Meeting and Weaker Dollar in Focus
Oil held its biggest gain in a week as traders counted down to a high-stakes OPEC+ meeting on
2023-11-29 11:28
Australia’s Inflation Cools, Boosting Case for Rate Pause
Australia’s monthly inflation gauge snapped two months of acceleration in October, bolstering the case for the Reserve Bank
2023-11-29 09:24
Blackstone’s Flex Offices Biggest in London as WeWork Retreats
Blackstone Inc. has quietly built the largest flexible office brand in London’s central districts. The private equity firm’s
2023-11-29 08:24
Lawmakers Say UK Too Reliant on Markets to Tackle Climate Crisis
The British government’s reliance on market mechanisms to achieve its net-zero targets won’t be enough to rid the
2023-11-29 08:19
Dollar Weakens, Treasuries Rally on Fed Pivot Bets: Markets Wrap
The dollar weakened and Treasuries extended their November rally on speculation the Federal Reserve is done with interest-rate
2023-11-29 07:56