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List of All Articles with Tag 'euro'

Rhodes honeymoon 'wrecked' after hotel evacuation
Rhodes honeymoon 'wrecked' after hotel evacuation
The couple from Stoke-on-Trent said their holiday had been a "rollercoaster".
2023-07-25 19:45
Binance to Scale Up Services on New Japan Platform in August
Binance to Scale Up Services on New Japan Platform in August
Binance will roll out full services on its new platform for Japan in August, the crypto exchange’s founder
2023-07-25 17:25
Russia-Ukraine war – live: Putin launches fresh drone strikes on Kyiv as air raid sirens wail across capital
Russia-Ukraine war – live: Putin launches fresh drone strikes on Kyiv as air raid sirens wail across capital
Russia launched a fresh wave of drone strikes on Kyiv and other parts of the country early on Tuesday morning, Ukraine has said. The Kremlin used Iranian-made Shahed drones to attack Kyiv for the sixth time this month, but all were shot down, Serhiy Popko, head of the Kyiv military administration, said. Air raid sirens wailed across the capital and attacks were also reported in the north and centre of Ukraine but none in the south. There were no immediate reports of casualties or damage to buildings. Air force spokesperson Yuriy Ihnat said air defences had been engaged in three regions in the north of the country. “About 10 drones were recorded, the information is being clarified,” he told Ukrainian television, adding that up to five were destroyed. Earlier, thousands of Wagner group mercenaries have arrived in Belarus since the group’s short-lived rebellion, a military monitoring group said. Between 3,450 and 3,650 soldiers have travelled to a camp close to Asipovichy, a town 230 kilometres (140 miles) north of the Ukrainian border, according to Belaruski Hajun, an activist group that tracks troop movements within the country. Read More Who is Yevgeny Prigozhin? The Wagner Group mercenary chief who rebelled against Putin Monitoring group says thousands of Wagner mercenaries have arrived in Belarus since failed uprising Wagner mercenaries training Belarus special forces just miles from border with Nato-member Poland
2023-07-25 17:17
Asbestos, Bailouts and a Half-Built Mall Show UK Crisis in Cheap Rentals
Asbestos, Bailouts and a Half-Built Mall Show UK Crisis in Cheap Rentals
About 40 minutes from the City of London financial district, a sign in the town of Laindon once
2023-07-25 16:59
How long will the wildfires last in Greece?
How long will the wildfires last in Greece?
Evacuations are set to continue in Greece as Corfu and Evia have become the latest Islands to issue orders while the country grapples with the devastating wildfires. The Greek fire service has said around 2,500 people have evacuated from Corfu so far. Thousands of people have also been forced to leave their homes and hotels - with those in Santa, Megoula, Porta, Palia Perithia and Sinies being told to evacuate to Kassiopi. A spokesperson from the Met Office told The Independent: “Temperatures on Rhodes are likely to peak on Wednesday, and could be close to 39C in some spots. Temperatures are then expected to move back towards average for the time of year later in the week, likely around 30C. “However, windy conditions could impact efforts this week. There are some northwesterly winds today, with these likely to ease on Tuesday and Wednesday. “However, a return of windy weather is possible later in the week, albeit accompanied by that drop in temperatures,” the Met Office added. What will the weather be like this week in Greece? According to the Met Office website, the temperature in Rhodes will be as follows: Monday 24 July - Highest temperature: 36C and Lowest: 31C Tuesday 25 July - Highest: 37C and Lowest: 28C Wednesday 26 July - Highest: 39C and Lowest: 27C Thursday 27 July - Highest: 36C and Lowest: 23C Friday 28 July - Highest: 34C and Lowest: 24C Saturday 29 July - Highest: 32C and Lowest: 22C Sunday 30 July- Highest: 33C and Lowest: 24C How long will the wildfires last? The climate crisis is increasing the risk of larger, more intense and erratic wildfires around the world due to hotter and drier conditions. Other factors also play a role including soil moisture levels, and the presence of vegetation which acts as fuel for fires. “It’s important to note that these wildfires are happening in environments that are naturally prone to fire during hot and dry summers, with vegetation that is highly adapted to live with fire”, Dr Matthew Jones, NERC Independent Research Fellow, Tyndall Centre for Climate Change Research, School of Environmental Sciences, UEA, said in a statement. Dr Jones added that under climate change and frequent changes to weather conditions across the globe, fires are more likely to break out and “also burn so intensely and synchronously across the Mediterranean.” “The Mediterranean has seen a dramatic increase in the frequency of the hot-dry conditions that were considered extreme at the end of the last century, and these increases are expected to accelerate for each added degree of warming in future,” he noted. According to the Joint Research Centre, last year was the second-worst wildfire season in Europe. In 2022, damages exceeded those of 2021, as per data from the EFFIS - an advanced report on Forest Fires in Europe, the Middle East and North Africa. The EFFIS looked at fires in 45 countries and found that these places suffered from 16,941 fires that burnt 1,624,381 hectares. Looking at just European countries, July 2022 was the month when the most significant proportion of damage occurred in Spain, Portugal, France, Italy and Greece. According to Safer Scotland’s Wildfire Operational Guidance, a wildfire can burn for a “period of time” and this is heavily dependent on the landscape, which contributes to how fast the fire might move. The “behaviour” of the wildfire depends on the following factors: the area, its combustibility and arrangement, the arrangement of the area, the weather and time. Dependent on stable or unstable weather conditions the Wildfire Operational Guidance said time “can have a positive or negative effect on fire development throughout the day and this will bring both advantage and disadvantage to firefighting operations.” Space is another important factor as the area in which the fire is burning brings changes to the shape of the fire, altering the fire’s alignment. For example, as fire changes its location and moves across the area “topographical and climactic conditions will work for and against the first altering its intensity and speed.” What impacts does fuel have on wildfires? When a wildfire occurs, the main source of fuel is vegetation. This type of fuel, its size and the way the vegetation is arranged across the landscape will affect the way the fire burns. The Wildfire Operational Guidance has said the size and shape of the fuel are important especially “in regard to their ease of ignition. Smaller fuels, referred to as ‘fine fuels’, are more receptive to fire, while larger or more coarse fuel types generally rely on their interaction with fires in finer fuels before they will ignite.” Fine fuels are considered to be those with a diameter of up to 6mm, this includes grass, small stems and the leaves of low-lying shrubs. These fine fuels can also be found in large quantities in plants - such as needles on conifer trees. “Fuels that are over 6mm in diameter are described as ‘coarse fuel’ and include twigs, branches, and tree trunks,” the guidance has said. Fine fuels can affect the intensity of the fire, the rate and motion of the fire, the flame length, the fire activity and increased ignitions caused by spot fires. When asked about how long the wildfires might last in Greece, Jim Dale, founder and senior Meteorlogical Consultant at the British Weather Services told The Independent: “For as long as there is ‘fuel’ as in combustible brush. The wind is the enemy as far as people and infrastructure are concerned; there is no sign of rain. “The two main fire zones of Rhodes and Corfu will almost certainly be added to as the Mediterranean basin continues to bake with record and near-record temperatures.” Read More Greek fires ‘big warning’ for tourists to Mediterranean, says climate expert Greece fires – live: Corfu evacuations begin as tourists fleeing Rhodes inferno spend second night in airport Greece wildfires: Rhodes tourists sleep on airport floor awaiting evacuation
2023-07-25 16:55
ECB Hiking Sends Corporate Loan Demand Down Most on Record
ECB Hiking Sends Corporate Loan Demand Down Most on Record
Demand for loans among companies in the euro zone plunged by the most on record in the second
2023-07-25 16:47
Euro zone firms slash loan demand to lowest on record: ECB poll
Euro zone firms slash loan demand to lowest on record: ECB poll
FRANKFURT Euro zone firms' demand for loans dropped to the lowest on record last quarter and a further
2023-07-25 16:28
Greece fires: Which islands are affected? Wildfires in Corfu, Rhodes, Evia and Zante explained
Greece fires: Which islands are affected? Wildfires in Corfu, Rhodes, Evia and Zante explained
Authorities in Greece have issued fresh evacuation orders for parts of Corfu as wildfires erupted on the island. Fires in Rhodes have already forced 19,000 people to leave their homes as holidaymakers said they walked for miles in scorching heat to reach safety. "The smoke was coming. So we all set off on foot. I walked 12 miles (19 km) in this heat yesterday. It took me four hours," British tourist Chris Freestone told the Reuters News Agency. Sea evacuations have now begun from a beach in Corfu to transport individuals fleeing from the fires on the island. Around 59 people were evacuated from Nissaki Beach on the northwest coast, the Greek Coast Guard has said. The evacuation was carried out using six coast guard vessels and nine private vessels. People in Santa, Megoula, Porta, Palia Perithia and Sinies were told to evacuate to Kasiopi due to the raging fires. The Greek government’s Emergency Communication Service has said: “In Rhodes, the Civil Protection forces continue to fight the flames non-stop. Since the first light of day, 10 aircraft, and 8 helicopters, of which 2 are coordinating, have taken off and are operating consecutively. “Regarding the ground forces, there are 266 firefighters, 16 groups of infantry departments, 49 firefighting water vehicles, as well as hundreds of volunteers who support the efforts of the firefighters.” As the wildfires rage on, here is everything you need to know about how a wildfire evacuation protocol works What is a wildfire? The Food and Agriculture Organization of the United Nations (FAO) describe a wildfire as: “Any unplanned and uncontrolled wildland fire that, regardless of ignition source, may require suppression response or other action according to agency policy.” How long does a wildfire last? The National Operational Guidance (NOG) has said a wildfire will burn over a period of time in areas that provide the space over which the fire can move. The NOG said the behaviour of the wildfire is dependent on a number of variables, these include: “its movement across the landscape” which “brings instability within the fire environment caused by changes to the available fuel” as well as “its combustibility and arrangement, the shape of the topography and the effects of weather.” According to the Guinness World Records, the longest wildfire was the Chinchaga Fire in 1950 which grew out of control and ended five months later on 31 October in Alberta - in that time, it burned approximately 1.2 million hectares (3 million acres) of boreal forest. When should you evacuate? According to Readyforwildfire.org, people should leave as soon as an evacuation is recommended by emergency services. Make sure you leave as soon as you receive the news and do not wait for authorities to come to you or to be ordered directly by authorities to leave. “Evacuating the forest fire area early also helps firefighters keep roads clear of congestion, and lets them move more freely to do their job. In an intense wildfire, they will not have time to knock on every door. If you are advised to leave, don’t hesitate,” readyforwildfire.org has said on its website. Here are some steps you can take: Emergency services will know exactly which areas will need to be evacuated and which escape routes you can take, so be on high alert. Be sure to follow the orders authorities give you. Always stay informed, you can do this by checking the latest on your phone, on social media, radio or television. Officials may direct you to a temporary assembly point, where you will be transferred to a safe location. Readyforwildfire.org has said on its website that people should not return to their homes until fire officials determine it is safe. “Notification that it is safe to return home will be given as soon as possible considering safety and accessibility,” it added. Does the UK government help if you’re affected by a crisis abroad? The official government website has said the help the Foreign, Commonwealth & Development Office (FCDO) can give may be limited. It said before you travel you should: Make sure you are covered by travel insurance. Find out if your holiday is financially protected and what your flights are during your holiday. There has been a Crisis Management Unit set up to respond to the situation in Rhodes. They can be contacted at +30 210 368 1730 / +30 210 3681259 / +30 210 3681350. However, people have been advised to contact their airline or travel operator who can assist with a return to the UK. The government website has also said during hot temperatures, people should take extra caution and follow NHS guidelines on how to cope during hot weather. What have airlines said? Jet2 and Tui have cancelled all flights to Rhodes. The Jet2 planes were scheduled to depart full of tourists bound for the Greek island. But the planes were empty and will be used to evacuate holidaymakers fleeing the blaze. On Sunday (23 July), Jet 2 put out a statement on Twitter and said they are “keeping the situation under constant review”. In its full statement, the airline said: “The situation in Rhodes continues to evolve quickly and our absolute priority is the health, safety and well-being of customers and colleagues in the affected areas. We can confirm that: Our in-resort teams are working hard to comply with the guidance of local authorities, and we are continuing to bring more customer helpers and local authorities colleagues to the area.” The airline said it will continue to ask customers in affected areas to follow the advice of the local authorities, as well as “staff in their hotels” It said it was “contacting customers as quickly as possible. The statement continued: “Due to these extraordinary circumstances, we have cancelled all flights and holidays that are due to depart to Rodes up to and including Sunday 30th July. We believe this is the right thing to do for everything, and we will be contacting affected customers with regard to their refund or rebooking options. “We will fly those aircraft to Rhodes with no customers on board so that we can continue to bring customers back to the UK on their scheduled flights.” TUI has also put out a statement and said their teams are “working hard with local authorities in Greece to ensure the safety and wellbeing of all our customers currently on holiday in Rhodes and impacted by the wildfires.” Read More Greece wildfires: Holiday and travel advice as Jet2 and Tui flights cancelled amid extreme weather UK airlines still selling tickets to Rhodes despite wildfire inferno Greece fires – live: Corfu evacuations begin as tourists fleeing Rhodes inferno spend second night in airport How long will the wildfires last in Greece? Where are the fires in Corfu and Rhodes? Map reveals Greece wildfires Michael Gove going on holiday to Greek island currently being evacuated
2023-07-25 15:59
Akzo Nobel’s Outlook Improves on Cost Cuts, Lower Expenses
Akzo Nobel’s Outlook Improves on Cost Cuts, Lower Expenses
Akzo Nobel NV lifted expectations for the year after the paintmaker cut costs with raw material prices set
2023-07-25 15:52
Norway Industrial Confidence Hits Weakest Level Since Pandemic
Norway Industrial Confidence Hits Weakest Level Since Pandemic
Norway’s industrial sentiment worsened last quarter to its lowest level since the pandemic, in a sign that manufacturers
2023-07-25 15:23
Bayer Slumps After Cutting Outlook on Weak Herbicide Pricing
Bayer Slumps After Cutting Outlook on Weak Herbicide Pricing
Bayer AG fell after slashing its outlook for the year amid persistently low prices for agriculture products, including
2023-07-25 15:23
LVMH to Sponsor Paris Olympics in a First for Luxury Group
LVMH to Sponsor Paris Olympics in a First for Luxury Group
LVMH agreed to become a premium sponsor of the 2024 Summer Olympics in Paris in the first deal
2023-07-25 14:58
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