List of All Articles with Tag 'euro'

European stocks advanced as US inflation cooled more than expected, reducing the possibility of further rate hikes by

A struggling Italian football club has won a reprieve on its state-backed loans in an unusual deal that’s

Provides an overview of Liechtenstein, including key facts about this small European state.

By Amruta Khandekar and Matteo Allievi (Reuters) -European shares rose on Wednesday ahead of key U.S. inflation data which will

The government's Illegal Migration Bill is in its final stages in Parliament.

President Joe Biden will cast the NATO summit as a successful result of his global engagement, arguing in

The Bank of England warned that UK households renewing their mortgage deals will probably have to pay almost

The Bank of England said the UK’s eight largest lenders all passed its latest stress test, which examined

Watch live as representatives from Nato member states meet for a second day in the Lithuanian capital Vilnius on Wednesday 12 July. G7 allies are set to announce a security package for Ukraine at the summit, with the announcement coming after Volodymyr Zelensky voiced his frustration that Nato has not offered a timeframe for Kyiv to join. Rishi Sunak believes the move has the potential to “return peace to Europe” and has cited the UK as having played a leading role in the pact. Wednesday’s G7 declaration, which is expected to be ratified in the margins of the Nato summit in Vilnius, is set to provide more defence equipment, increase and accelerate intelligence sharing and bolster support for cyber defences. It plans to expand training programmes and military exercises, while also developing Ukraine’s industrial capabilities, according to Downing Street. Mr Zelensky has said the delay by allies in allowing Ukraine to join Nato is providing Russia and its occupying forces with the “motivation to continue its terror”. Read More The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary

Arm Ltd., the chip designer backed by SoftBank Group Corp., is in talks with Nvidia Corp. to join

Floodwaters receded in Vermont cities and towns pummeled by a storm that delivered two months of rain in two days, allowing officials to focus on recovering from a disaster that trapped residents in homes, closed roadways and choked streets and businesses with mud and debris. In the capital city of Montpelier, where streets were flooded Tuesday by the swollen Winooski River, officials said that water levels at a dam just upstream appeared to be stable. “It looks like it won’t breach. That is good. That is one less thing we have to have on our front burner," Montpelier Town Manager Bill Fraser said. Fraser said the dam remains a lingering concern but with the water receding the city was shifting to recovery mode. Public works employees were expected out Wednesday to start removing mud and debris downtown and building inspections will start as businesses begin cleaning up their properties. The slow-moving storm reached New England after hitting parts of New York and Connecticut on Sunday. Some communities received between 7 and 9 inches (18 centimeters and 23 centimeters) of rain. Towns in southwest New Hampshire had heavy flooding and road washouts, and the Connecticut River was expected to crest above flood stage Wednesday in Hartford and towns to the south. In Vermont's capital, brown water from the Winooski had obscured vehicles and all but the tops of parking meters along picturesque streets lined with brick storefronts whose basements and lower floors were flooded. Some residents of the city of 8,000 slogged their way through waist-high water Tuesday; others canoed and kayaked along main streets to survey the scene. Bryan Pfeiffer canoed around downtown to check out the damage and was appalled by what he saw. The basement of every building — including the one where he works — and the lower levels of most were inundated. Even the city’s fire station was flooded. “It’s really troubling when your fire station is under water,” Pfeiffer said. Similar scenes played out in neighboring Barre and in Bridgewater, where the Ottauquechee River spilled its banks. Vermont Gov. Phil Scott said floodwaters surpassed levels seen during Tropical Storm Irene. Irene killed six people in Vermont in August 2011, washing homes off their foundations and damaging or destroying more than 200 bridges and 500 miles (805 kilometers) of highway. The flooding has already caused tens of millions of dollars in damage throughout the state. There have been no reports of injuries or deaths related to the flooding in Vermont, where swift-water rescue teams aided by National Guard helicopter crews performed more than 100 rescues, Vermont Emergency Management said Tuesday. One of the worst-hit places was New York’s Hudson Valley, where a woman identified by police as Pamela Nugent, 43, died as she tried to escape her flooded home with her dog in the hamlet of Fort Montgomery. Atmospheric scientists say destructive flooding events happen more frequently as storms form in a warmer atmosphere, and the planet’s rising temperatures will only make it worse. In Vermont, more rain was forecast Thursday and Friday, but Peter Banacos, a meteorologist with the National Weather Service, said the state will be spared any further torrential downpours. Much of the focus turned to reopening roadways, checking on isolated homeowners and cleaning out mud and debris from water-logged businesses. “We sustained catastrophic damage. We just really took the brunt of the storm,” Ludlow Municipal Manager Brendan McNamara said as he assessed the flood's impact around the town of 1,500 people. Among the losses was the town’s water treatment plant. Its main supermarket remained closed. The main roadway through town had yet to be fully reopened and McNamara couldn’t begin to estimate how many houses had been damaged. The town’s Little League field and a new skate park were destroyed, and scores of businesses were damaged. “Thankfully we got through it with no loss of life,” McNamara said. “Ludlow will be fine. People are coming together and taking care of each other." Colleen Dooley returned to her condominium complex in Ludlow on Tuesday to find the grounds covered in silt and mud and the pool filled with muddy river water. “I don’t know when we’ll move back, but it will certainly be awhile,” said Dooley, a retired teacher. President Joe Biden, attending the annual NATO summit in Lithuania, declared an emergency for Vermont and authorized the Federal Emergency Management Agency to help coordinate disaster relief efforts and provide assistance. FEMA sent a team to Vermont, along with emergency communications equipment, and was prepared to keep shelters supplied if the state requests it. The agency also monitored flooding in Massachusetts, Connecticut and New Hampshire, regional spokesperson Dennis Pinkham said. ___ Kathy McCormack in Concord, New Hampshire; Michael Hill in Albany, New York; and Mark Pratt, Michael Casey and Steve LeBlanc in Boston contributed. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Rescuers brace for more rain as relentless storms flood Northeast, Vermont hit hard Russia rains fresh air strikes on Kyiv as Zelensky meets Nato leaders - live Police give update as helicopter teams use mother’s voice recording in search – live

Russian has fired a fresh wave of kamikaze drone attacks on the city of Kyiv and its wider region for a second night in row, Ukraine‘s military said today. “The 504th day of the full-scale invasion of the Russian Federation into Ukraine. The enemy launched another air attack on the capital,” Serhiy Popko, head of Kyiv’s military administration said on Telegram. The overnight attack came just hours before Volodymyr Zelensky was expected to meet Nato leaders at a summit that has backed Ukraine’s independence and military in the continuing war, but stopped short of offering a timeline for membership of the alliance. France said yesterday that it would join Britain in supplying Ukraine with long-range cruise missiles, a move that allows Ukrainian forces to hit Russian troops and supplies deep behind frontlines. In a new interview while the Nato summit takes place, Russia’s foreign minister claimed the war in Ukraine will continue until the West gives up plans “to dominate and defeat Moscow”. Western nations have called on Vladimir Putin to end the conflict by withdrawing his troops from the neighbouring country. Read More Ukrainian minister says he fears Russia has "no red lines" to prevent attacks on nuclear plant Biden will meet Zelensky at Nato summit in Lithuania as war with Russia rages on Why Ukraine’s plea for Nato membership is such a challenge for the West