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List of All Articles with Tag 'euro'

Oil’s Rally Takes Breather as Traders Turn Gaze to Stockpiles
Oil’s Rally Takes Breather as Traders Turn Gaze to Stockpiles
Oil edged lower after capping the longest winning run in more than four years as OPEC+ leaders extended
2023-09-07 13:55
China Sending Envoys to North Korea Before Kim’s Russia Trip
China Sending Envoys to North Korea Before Kim’s Russia Trip
China plans to send its second high-profile delegation to North Korea in less than two months, just before
2023-09-07 13:48
European private loan market falters as corporate credit stress mounts
European private loan market falters as corporate credit stress mounts
By Naomi Rovnick and Chiara Elisei LONDON Direct lending, a key but expensive source of credit for riskier
2023-09-07 13:25
Marketmind: Fed steals focus, stocks sell off
Marketmind: Fed steals focus, stocks sell off
A look at the day ahead in European and global markets from Kevin Buckland The dominating theme in global financial
2023-09-07 12:52
Europe has dodged Putin's gas bullet. But it's still thirsty for cheap energy
Europe has dodged Putin's gas bullet. But it's still thirsty for cheap energy
From the moment Russia's full-scale invasion of Ukraine seemed inevitable, Europe knew it would soon have to ask itself some very complicated questions.
2023-09-07 12:27
Russia-Ukraine war – live: Putin trying to lure Cuban fighters into army with contracts worth thousands
Russia-Ukraine war – live: Putin trying to lure Cuban fighters into army with contracts worth thousands
Cuban nationals are being offered contracts worth $2,000 (£1,600) a month and potential Russian citizenship to join Vladimir Putin’s forces in the battle for Ukraine. The targeted campaign, which is also offering citizenship to the families of the Cubans, has come with the objections of the central American country. Earlier this week, Cuba's foreign ministry announced it was working to "neutralise and dismantle" a human trafficking ring that is coercing its citizens into fighting for Moscow. The news comes after at least 17 people were killed and dozens were wounded today when Russian shelling struck a market in a city in eastern Ukraine. Covered bodies were strewn around the ground of the site of the attack in Kostiantynivka was strewn as emergency workers extinguished fires at market stalls. US secretary of state Antony Blinken arrived in Kyiv on Wednesday and was expected to announce more than $1 billion in new American funding for Ukraine. Read More From Challenger to Leopard: How Ukraine’s tanks compare to Russia’s A look at the uranium-based ammo the US is sending to Ukraine NATO member Romania says it has found drone pieces from Russian attacks in Ukraine on its territory Russian commander ‘used two military helicopters to transport his pet cat’
2023-09-07 12:25
At least 17 dead in Russian missile strike on market in eastern Ukraine – as US secretary of state visits Kyiv
At least 17 dead in Russian missile strike on market in eastern Ukraine – as US secretary of state visits Kyiv
At least 17 people have been killed and dozens more wounded after a Russian missile struck a crowded outdoor market in eastern Ukraine – the attack coming as Antony Blinken, the US secretary of state, was in Kyiv for an unannounced visit. President Volodymyr Zelensky condemned the attack in the city of Kostiantynivka, saying that a child was among the dead. Kostiantynivka – which had a pre-war population of around 70,000 – sits about 20 miles (30km) from the ruined city of Bakhmut, the scene for some of the bloodiest fighting of Russia’s invasion. Police said that nearly 30 stalls, a pharmacy, an apartment block, a bank, and a number of cars were damaged as the missile hit at 2pm local time. Officials said more than 30 people were injured. Video footage of the strike showed people looking up to the sky as they heard a missile approaching. Seconds later they are running for cover or falling to the ground after a huge explosion. Another video released by police showed rescuers searching through the kiosks and, as bodies were taken out in black sacks, people shouting: “Who have you found?” It also showed the floor of the pharmacy covered in blood, as a police spokeswoman can be heard saying: “At the moment of the strike civilians were here, they were buying medicines and this is what happened. People died here.” “This Russian evil must be defeated as soon as possible,” Mr Zelensky said on the Telegram messaging app. “When someone in the world still attempts to deal with anything Russian, it means turning a blind eye to this reality. The audacity of evil. The brazenness of wickedness. Utter inhumanity.” He later told a press conference in Kyiv that he believed it had been a deliberate attack on “a peaceful city”. Hours before the strike on Kostiantynivka, booms could be heard in the capital Kyiv as the train carrying Mr Blinken wound its way to the city, the Russians appearing to want to herald his arrival with a missile attack. No casualties were reported in the capital but local officials said one person was killed in the Odesa region where Russian missiles also fell. Mr Blinken’s two-day visit is a show of Washington’s continued support for Mr Zelensky and the Ukrainian war effort. The secretary of state is the first senior US official to visit Kyiv since its counteroffensive against Vladimir Putin’s forces began in early June. Mr Blinken met with Mr Zelensky on Wednesday and also held talks with foreign minister Dmytro Kuleba. Mr Blinken is also expected to announce a new package of US assistance. The total package will be worth up to $1 billion (£800 million), but may not all be announced by Mr Blinken in Kyiv. “We want to make sure that Ukraine has what it needs, not only to succeed in the counteroffensive, but has what it needs for the long term, to make sure that it has a strong deterrent,” Mr Blinken said standing alongside Mr Kuleba. A US State Department official said Washington wanted to discuss how the counteroffensive was going and assess battlefield needs as well as any steps that might be required to shore up Ukraine’s energy security before winter. “I think what’s most important is that we get a real assessment from the Ukrainians themselves,” the official told Reuters. “We want to see, and hear how they intend to push forward in the coming weeks.” When asked about Mr Blinken’s visit, Dmitry Peskov, spokesperson for the Kremlin, said that Moscow believed Washington planned to continue funding Ukraine’s military “to wage this war to the last Ukrainian”. During his train ride to Kyiv, Mr Blinken held talks with Denmark’s prime minister Mette Frederiksen, who was conducting her own visit to Kyiv. The US secretary of state thanked Ms Frederiksen for Denmark’s donation of F-16 fighter jets to Ukraine and its membership of a coalition of nations – including the UK – training Ukrainian pilots. Denmark and the Netherlands announced last month they would supply more than 60 US-made F-16s as soon as pilots are trained to fly them. They are the first countries to offer the jets. Also on Wednesday, Ukraine’s parliament approved the appointment of Rustem Umerov as the country’s new defence minister. Mr Umerov replaces Oleksii Reznikov, who helped secure billions of pounds of Western military aid, but was sacked by Mr Zelensky. Mr Reznikov’s ministry was dogged by a number of scandals involving corruption allegations. The former minister did not face corruption allegations himself, but says he is the victim of a smear campaign. Reuters and the Associated Press contributed to this report Read More The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary Russian missile turns Ukrainian market into fiery, blackened ruin strewn with bodies US lawmakers visiting The Hague say Russian President Putin is committing genocide in Ukraine Paul Whelan seen for first time in years in rare video inside Russia prison
2023-09-07 02:54
Greece weather forecast: More storms batter Europe as tourists trapped abroad
Greece weather forecast: More storms batter Europe as tourists trapped abroad
At least 13 people have been killed in severe storms lashing parts of Greece, Turkey and Bulgaria. Two people have been confirmed dead and four people are missing in central Greece after torrential rain flooded homes and businesses. The body of an elderly woman was recovered close to a seaside community in the southern Pelion region near the port city of Volos on Wednesday, while 10 people were trapped in the area, Michalis Mitzikos, a local mayor, told Skai television. One man had died on Tuesday after a wall collapsed. Greece has said the weather was the most extreme, in terms of rainfall, since records have been kept. “Yesterday the rainfall was very intense, unprecedented,” said Vasilis Batsios, 44, in Volos. “For 24 hours it was non-stop and there was a lot of water; the amount of water was unbelievable.” Police issued traffic warnings for the cities of Trikala and Karditsa as the rainstorm was not expected to weaken before Thursday. Skiathos, a popular holiday island in the northwest Aegean Sea, has also been hammered by rain, leaving hundreds of British holidaymakers stranded after their flights were cancelled. Jet2, which normally operates many flights between the UK and Skiathos, has cancelled all its Tuesday and Wednesday services. Holidaymakers on the island have been left with “no way to get food” with many currently unable to get to the airport. One stranded tourist said the centre of Skiathos was “underwater” and described the situation as “horrendously scary”. Police have ordered all residents and tourists to stay off the streets and the island’s mayor has put in a request to declare a state of emergency. The Foreign Office has updated its travel advice for Greece, telling British tourists on the island to check the local emergency communication services for updates as the “situation can change quickly”. It comes as the World Meteorological Organization (WMO) said that the northern hemisphere experienced its hottest summer on record, fuelled by the climate crisis A flash flood at a campsite in northwest Turkey, near the border with Bulgaria, killed at least five people and and carried away bungalow homes, with three people found dead on Wednesday. Rescuers were still searching for one person reported missing at the campsite. Another two people died in Istanbul, Turkey’s largest city, where Tuesday’s storms inundated hundreds of homes and workplaces in several neighbourhoods. The dead in Istanbul included a 32-year-old Guinean citizen who was trapped inside his basement apartment in the Kucukcekmece district, Turkish broadcaster Haberturk TV reported. The other was a 57-year-old woman who died after being swept away by the floods, the DHA news agency reported. Around a dozen people were rescued after being stranded inside a library, while some subway stations were shut down. Istanbul governor Davut Gul urged motorcyclists to stay at home. In Bulgaria, a storm caused floods on the country’s southern Black Sea coast. The body of a missing tourist was recovered from the sea on Wednesday, raising the overall death toll to three. Border police vessels and drones were assisting efforts to locate another two people still listed as missing. TV footage showed cars and camper vans being swept out to sea in the southern resort town of Tsarevo, where authorities declared a state of emergency. The Met Office said “slow-moving” Storm Daniel crossing would bring further rain to the central Mediterranean region. “Much of the area will see between 50 and 150mm of rain over the next two days from Daniel, as it’s a slow-moving system,” Stephen Dixon, a Met Office spokesperson told The Independent. “There are also strong winds and rough seas throughout the period. Daniel will gradually weaken in a few days’ time.” Greece’s weather service said a village in Pelion received 75.4cm (nearly 30in) of rain late Tuesday, by far the highest level recorded since at least 2006. It noted that the average annual rainfall in the Athens region is around 40cm (15.75in). “There is clear evidence that extreme weather events, such as floods, droughts, and wildfires, are becoming more frequent and more intense with climate change,” Aleksandra Kazmierczak, a climate expert with the European Environment Agency (EEA), told The Independent. “We have seen this across Europe this summer and now unfortunately also in Greece. We need to rapidly reduce greenhouse gas emissions to avoid the worst consequences of climate change, but it is equally important that we prepare our societies for its current and future impacts.” The WMO and the European Union’s climate change service Copernicus also announced that last month was the hottest August ever recorded. The month was about 1.5C warmer than pre-industrial averages. “The dog days of summer are not just barking, they are biting,” United Nations secretary-general, Antonio Guterres, said in a statement. “Climate breakdown has begun.” Read More Hundreds of Brits stranded in Greece as Skiathos flights are cancelled amid storms Moment Greece flooding sweeps cars into sea as roads turn into fast-flowing rivers Flights back to UK cancelled amid severe Greek island floods US lawmakers visiting The Hague say Russian President Putin is committing genocide in Ukraine ‘Sleaze buster’ Sir Chris Bryant joins Labour frontbench ‘Labour cannot be allowed to bankrupt Britain’, claims Sunak
2023-09-07 02:27
Race against time to save cave rescuer trapped in one of deepest caves in Turkey
Race against time to save cave rescuer trapped in one of deepest caves in Turkey
A desperate rescue effort has been launched to save an American scientist trapped more than 4,000ft underground in Turkey’s third-deepest cave. Mark Dickey, 40, himself a cave rescuer, fell ill as he explored Morca Cave in the south of Turkey with a team of 14 fellow explorers. After the descent, he was treated for a serious gastrointestinal bleed on the cavern floor and now needs to be hoisted to safety. A GoFundMe has raised nearly £30,000 to fund his safe release from the extensive cave network aided by more than 100 firefighters, police, international cavers and medical staff. Have you been affected by this story? If so email barney.davis@independent.co.uk A statement on the fundraiser read: “He has gastrointestinal bleeding and when the report was received, he was clearly unable to leave the approximately 1,000-metre deep cave on his own. “The injured caver is a well-known figure in the international speleological community, a highly trained caver, and a cave rescuer himself. In addition to his activities as a speleologist, he is also the secretary of the ECRA medical committee and an instructor for cave rescue organizations in the USA. “An international rescue effort is on the way and this GoFundMe is to support the logistics of aiding in this rescue.” Morca Cave is located in the middle of the remote Taurus mountain belt with even deeper areas still to be explored and mapped. According to local reports, Mr Dickey’s health is “steadily improving”, and he will be safely evacuated in the coming days. Mr Dickey has been caving since the 1990s and is chief of New Jersey Initial Response Team - a team focusing on cave, cliff, and abandoned mine rescues in the United States. He had been planning to explore Morca’s chimneys that could go deeper in the cave and take fungus samples, according to his website. Click here to donate to the Gofundme appeal. Read More Wandsworth prison terror suspect escape: Hunt for former soldier Daniel Abed Khalife Sara Sharif: Stepmother of girl found dead at home ‘willing to co-operate with authorities’ Gabriela Kosilko missing: Friends beg missing beautician to come home as man arrested and police scour lakes Eric Nam's global pop defies expectations. On his latest album, 'House on a Hill,' he relishes in it One of the last surviving female codebreakers of Bletchley Park dies aged 99 Interpol at 100: A mixed legacy of hunting fugitives and merging police data from 195 countries
2023-09-07 00:21
UK expected to re-join Horizon science scheme
UK expected to re-join Horizon science scheme
An announcement is likely soon on the UK becoming a fully-fledged member of the multi-billion euro programme.
2023-09-06 23:54
Greece floods – live: Skiathos flights cancelled as flooding across Europe traps tourists
Greece floods – live: Skiathos flights cancelled as flooding across Europe traps tourists
Further storms are set to batter a Greek island where hundreds of British tourists are stranded following flash floods. At least one person was killed and five others are thought to be missing after cars were swept away and streets submerged by rainfall in parts of Greece on Tuesday. It comes as the World Meteorological Organisation said that the northern hemisphere experienced its hottest summer on record, fuelled by climate change. Skiathos, a popular holiday island in the northwest Aegean Sea, was forecast to be hit with heavy showers and thunderstorms throughout Wednesday morning. Holidaymakers on the island have been left with “no way to get food” with many currently unable to get to the airport. One stranded tourist said the centre of Skiathos is “underwater” and described the situation as “horrendously scary”. Flooding is also affecting parts of Turkey and Bulgaria with the death toll across the three countries currently at 11. Read More UK’s hottest day of the year likely to be on Saturday, Met Office says The death toll from fierce storms and flooding in Greece, Turkey and Bulgaria rises to 8 It’s September but the sun is still dangerous – here’s how to stay safe
2023-09-06 22:27
King's French language skills to boost state visit
King's French language skills to boost state visit
King Charles will be on a charm offensive on this month's rearranged state visit to France.
2023-09-06 19:25
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