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List of All Articles with Tag 'euro'

BOE Issues Fresh Warning Over Risks in Pension Transfers
BOE Issues Fresh Warning Over Risks in Pension Transfers
The Bank of England has warned firms offloading pensions in a multibillion-pound market that they need to improve
2023-06-15 18:20
Deutsche Bank Warns of Trading Decline With Recession Likely
Deutsche Bank Warns of Trading Decline With Recession Likely
Deutsche Bank AG expects trading revenue to decline this quarter as interest rates near their peak and the
2023-06-15 18:15
Two Crypto Platforms Halt Withdrawals in an Echo of the Sector’s 2022 Woes
Two Crypto Platforms Halt Withdrawals in an Echo of the Sector’s 2022 Woes
Two crypto lenders with links to South Korea halted withdrawals in quick succession, a reminder of lingering risks
2023-06-15 17:54
Hundreds more feared drowned after 79 killed in Greece’s worst migrant boat tragedy in years
Hundreds more feared drowned after 79 killed in Greece’s worst migrant boat tragedy in years
Hundreds of refugees and migrants are feared missing after a fishing vessel carrying them from Libya capsized and sank off the southern coast of Greece. At least 79 were earlier confirmed dead in the accident that occurred early Wednesday, while officials now fear scores more may have drowned as rescue operations continued on Thursday. The exact number of people on the boat has become the subject of speculation, with some Greek officials claiming it carried as many as 600 people. This is the deadliest turn of events off the country’s coast since the height of the 2015 migration crisis. “It’s one of the biggest operations ever in the Mediterranean,” Greek coastguard spokesman Nikos Alexiou told state broadcaster ERT TV. “We won’t stop looking,” he said. Rescuers have so far saved 104 passengers, including Egyptians, Syrians, Pakistanis, Afghans and Palestinians. Mr Alexiou told local media on Thursday that all survivors are men. One of the dead, however, is a woman, said local reports. “No other survivor has been found [besides the 104 rescued yesterday] and the bodies [recovered] also remain 79,” he added. Caretaker Greek prime minister Ioannis Sarmas declared three days of national mourning on Wednesday night and said their thoughts were with “all the victims of the ruthless smugglers who exploit human unhappiness”. “There has been a dramatic rise in the death count, which is climbing by the hour,” one Greek official said on Wednesday. “Speculation is rife that as many as 600 people were onboard but that has not been confirmed. The ship is under the water. It has sunk.” Ioannis Zafiropoulos, deputy mayor of the port city of Kalamata, where survivors were taken, said there were “more than 500 people” on board. ERT TV reported that Charity Alarm Phone, which operates a trans-European network supporting rescue operations, said it received alerts from people on board a ship in distress off Greece late on Tuesday, saying 750 people were on board. However, it said that the spokesman for Greece’s caretaker government, Ilias Siakantaris, said reports that the vessel was carrying 700-750 people could not be confirmed. “We do not know what was in the hold... but we know that several smugglers lock people up to maintain control,” he said. On Thursday morning, Greek coastguard spokesman Mr Alexiou said it appeared the vessel capsized after people abruptly moved to one side – shifting the centre of gravity of the 25-30-metre vessel. “The outer deck was full of people, and we presume the interior [of the vessel] would also have been full. It looks as if there was a shift among the people who were crammed on board, and it capsized.” Eight people had been transferred to the central Port Authority of Kalamata for preliminary investigation by late Wednesday, said reports. In Kalamata on Thursday, there were tents set up for the rescued people and provisions for soup kitchens as well. The ship capsized in international waters, about 47 nautical miles (87km) southwest of Pylos off the Peloponnese coast, as it made its way to Italy. The Greek coastguard learned about the boat’s engine failure shortly before 2am, the shipping ministry said. Coastguard vessels, a navy frigate, military transport planes, an air force helicopter and an array of private craft were searching for survivors on Thursday. Reports said search and rescue efforts were hampered by strong winds. “The engine stopped and it sank in minutes,” one of the survivors was quoted as saying. Greek president Katerina Sakellaropoulou visited the area where rescued migrants were being tended to and political parties called off planned campaign events ahead of national elections later this month. The Italy-bound boat is believed to have sailed from eastern Libya’s Tobruk area. It was spotted heading north at high speed, according to the Greek coastguard. Coastguard officers tried to approach the vessel after receiving a request for help, it said at around 2am, then “saw the boat take a right turn, then a sharp left, and then another right so big that it caused the vessel to capsize”. Repeated calls to the vessel offering help were declined, the coastguard said in a statement. “In the afternoon a merchant vessel approached the ship and provided it with food and supplies, while the [passengers] refused any further assistance,” it said. A second merchant ship that approached it later offered further supplies and assistance which were turned down. About 72,000 refugees and migrants have arrived so far this year in Europe’s frontline countries Italy, Spain, Greece, Malta and Cyprus, according to UN data, with the majority landing in Italy. Meanwhile, it was reported that the rescued people who were taken to the hospital in Kalamata were battling hypothermia, fainting incidents and dehydration. “We are witnessing one of the biggest tragedies in the Mediterranean, and the numbers announced by the authorities are devastating,” Gianluca Rocco, head of the Greek section of UN migration agency International Organisation for Migration (IOM), said on Wednesday. “This situation reinforces the urgency for concrete, comprehensive action from states to save lives at sea and reduce perilous journeys by expanding safe and regular pathways to migration.” The IOM has recorded more than 21,000 deaths and disappearances in the central Mediterranean since 2014. Additional reporting by agencies Read More Charities say new Italian rules will limit rescues at sea A look at migration trends behind the latest shipwreck off Greece Greece says it's investigating claim migrants were illegally deported back to Turkey After long waits, new pilgrims prepare for Hajj's return, the first major one since COVID-19 Huge search seeks survivors of migrant boat sinking off Greece; hundreds feared missing After long waits, new pilgrims prepare for return of Hajj, the first major one since COVID-19
2023-06-15 17:28
British Customers Are Gaining Confidence, NatWest CEO Rose Says
British Customers Are Gaining Confidence, NatWest CEO Rose Says
NatWest Group Plc Chief Executive Officer Alison Rose said British customers were gaining confidence, helping the bank keep
2023-06-15 16:59
Uber to cease food delivery in Italy, exit Israel
Uber to cease food delivery in Italy, exit Israel
AMSTERDAM Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where
2023-06-15 16:56
UK Grid Expects Renewables to Curb Blackout Risk Next Winter
UK Grid Expects Renewables to Curb Blackout Risk Next Winter
National Grid Plc expects a more comfortable winter this year as it steers the country away from risks
2023-06-15 16:51
Switzerland’s New Inflation Forecast Backs Another SNB Hike
Switzerland’s New Inflation Forecast Backs Another SNB Hike
Switzerland’s government expects inflation to be above the central bank’s target this year — a forecast which reinforces
2023-06-15 16:45
Odey Asset Management In Talks to Move Its Funds to Other Firms
Odey Asset Management In Talks to Move Its Funds to Other Firms
Odey Asset Management is in the process of finding a new home for its funds after sexual assault
2023-06-15 15:59
Europe Gas Fluctuates as Extended Outages Leave Traders on Edge
Europe Gas Fluctuates as Extended Outages Leave Traders on Edge
European natural gas prices fluctuated as traders weighed prolonged outages across the continent against a mixed outlook for
2023-06-15 15:58
European shares inch lower ahead of ECB meet
European shares inch lower ahead of ECB meet
European shares opened lower on Thursday, as the European Central Bank (ECB) was expected to raise borrowing costs
2023-06-15 15:55
AP News Digest 3:30 am
AP News Digest 3:30 am
Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan. ——————————— ONLY ON AP ——————————— COLORADO SPRINGS SHOOTING — The suspect in a mass shooting at a Colorado Springs gay nightclub is expected to strike a plea deal to state murder and hate charges that would ensure at least a life sentence for the attack that killed five people and wounded 17, several survivors told The Associated Press. Word of a possible legal resolution of last year’s Club Q massacre follows a series of jailhouse phone calls from the suspect to the AP expressing remorse and the intention to face the consequences at the next scheduled court hearing. By Jim Mustian and Jesse Bedaynsent. SENT: 1,330 words, photos. With COLORADO SPRINGS SHOOTING-TAKEAWAYS. HAJJ-PILGRIMS PREPARE — This year’s Hajj is a landmark: the first full pilgrimage after a daunting period of three years when the COVID-19 pandemic sharply reduced the scale of one of Islam’s holiest rites. Millions of Muslims from around the world will start converging next week on Mecca in Saudi Arabia to begin several days of rituals. By Fares Akram, Niniek Karmini, Abby Sewell, Mariam Fam and Qassim Abdul-Zahra. SENT: 2,360 words, photos, videos, graphics. An abridged version of 1,090 words is also available. ——————————— TOP STORIES ——————————— MIGRATION-GREECE — Rescue workers transferred the bodies of dead migrants to refrigerated trucks as a major search continued for possible survivors of a sea disaster in southern Greece. Hundreds of people are still feared missing. At least 78 bodies have been recovered after a fishing boat crammed with migrants seeking to make it from Libya to Italy capsized and sank a day earlier in deep waters off the Greek coast. By Derek Gatopoulos and Nicholas Paphitis. SENT: 670 words, photos, video. With MIGRATION-MEDITERRANEAN-TRENDS-EXPLAINER. TRUMP-CONGRESS-REPUBLICANS — Moments after Donald Trump pleaded not guilty to federal charges that he hoarded classified documents and then conspired to obstruct an investigation about it, the Republicans in Congress had his back. Trump’s mounting legal jeopardy has quickly become a political rallying cry as they rush to stand by the indicted former president. By Congressional Correspondent Lisa Mascaro. SENT: 1,310 words, photos. RUSSIA-UKRAINE WAR-VISUAL IMPAIRMENTS — The number of people suffering anxiety and other psychological issues in Ukraine is on the rise since Russia launched a full-scale invasion of the country last year. But Russia’s frequent missiles barrages and the havoc they wreak are especially challenging for visually impaired people. By Hanna Arhirova. SENT: 880 words, photos. IMMIGRATION-TRANSPORTING-MIGRANTS — A group of migrants who arrived by bus in downtown Los Angeles were sent from Texas in a move the city’s mayor called a “despicable stunt” by a Republican governor. Forty-two people, including some children, were dropped off at Union Station and were being cared for by city agencies and charitable organizations, a Los Angeles City councilmember said. By Christopher Weber. SENT: 360 words, photos. BILL-COSBY — Nine more women are accusing Bill Cosby of sexual assault in a lawsuit that alleges he used his “enormous power, fame and prestige” to victimize them. A lawsuit filed in federal court in Nevada alleges that the women were individually drugged and assaulted between approximately 1979 and 1992 in Las Vegas, Reno and Lake Tahoe homes, dressing rooms and hotels. SENT: 510 words, photo. SOUTH ASIA-CYCLONE — A vast swath of western India and neighboring southern Pakistan that suffered deadly floods last year are bracing for a new deluge as fast-approaching Cyclone Biparjoy whirls toward landfall. SENT: 810 words, photos. —————————- SPOTLIGHTING VOICES —————————- PRIDE-MIDWEST SMALL TOWN — Organizers estimate 4,000 people turned out for the first-ever Pride festival in a small Michigan city to enjoy the celebration’s drag show, dance party and vendor-filled streets. The massive turnout over the weekend in Grand Haven, population 11,000, shocked organizers and residents. SENT: 770 words, photos, video. ————————————————————————— MORE ON RUSSIA-UKRAINE WAR —————————————————————————- NATO-UKRAINE — NATO defense ministers gathered to discuss future relations with Ukraine as Russia’s war on the country thwarts its hopes of joining the world’s biggest security alliance soon. SENT: 350 words, photos. POLAND-UKRAINE REFUGEES-EDUCATION — Russian forces have destroyed or damaged thousands of Ukrainian schools. But the disruption to education goes far beyond devastated buildings. Experts say schooling is suffering in unprecedented ways, in particular for refugees. SENT: 1,170 words, photos. AUSTRALIA-RUSSIA — Australia’s Parliament passed legislation to prevent Russia from building a new embassy near Parliament House citing threats of espionage and political interference, as tensions grow between Moscow and a major supporter of the Ukraine war effort. SENT: 720 words, photos, video. —————————— MORE NEWS —————————— MEXICO-SAVING-BEES — Let it bee: The women on a mission to save Mexico City’s bees. SENT: 740 words, photos, video. BUD-LIGHT-SALES — Bud Light, top U.S. seller since 2001, loses sales crown to Modelo as beer backlash continues. sent: 410 words, photo. MEDIA-TRUMP — Fox News says it addressed onscreen message that called Biden a “wannabe dictator.” SENT: 710 words, photo. ALEC-BALDWIN-SET-SHOOTING — Experts question prosecutors’ strategy against weapons expert in Alec Baldwin case. SENT: 660 words, photo. STARBUCKS-BLACK MEN ARRESTED — Ex-Starbucks manager awarded $25.6 million in suit over firing after 2018 arrests of two Black men. SENT: 610 words, photo. GERMANY-JEWS-COMPENSATION — Germany to give $1.4 billion to Holocaust survivors globally in 2024. SENT: 640 words, photos. BODY-PARTS-THEFT-CHARGES — A former manager at the Harvard Medical School morgue, his wife and three other people have been indicted in the theft and sale of human body parts. SENT: 550 words, photo. FAA-COCKPIT BARRIERS — New airline planes will be required to have secondary barriers to the cockpit to protect pilots. SENT: 380 words, photo. ——————————————————- WASHINGTON/POLITICS —————-————————————— ELECTION 2024-SUAREZ — Miami Mayor Francis Suarez files paperwork to launch his bid for the Republican presidential nomination, jumping into the crowded race just a day after GOP front-runner Trump appeared in court on federal charges in Suarez’s city. SENT: 820 words, photo. HOUSE-SCHIFF-CENSURE — The House rejects an effort to censure California Rep. Adam Schiff, turning aside a Republican attempt to fine the Democrat over his comments about former President Trump and investigations into his ties to Russia. SENT: 920 words, photo. ———————— NATIONAL ———————— SUBWAY-CHOKEHOLD-DEATH — A man charged with manslaughter for putting an agitated New York City subway rider in a fatal chokehold has been indicted by a grand jury, an expected procedural step that will allow the criminal case to continue. SENT: 440 words, photos, video. SOUTHERN-STORMS — Damaging winds and possible tornadoes toppled trees, damaged buildings and blew cars off a highway as powerful storms crossed the South from Texas to Georgia. SENT: 480 words, photo. ARMY-SOLDIERS-AMBUSH-PLOT — A U.S. Army soldier from Ohio has pleaded guilty to trying to aid terrorists in a plot to ambush Army soldiers in the Middle East. SENT: 390 words, photo. OREGON-WILDFIRES-UTILITY-LAWSUIT — An Oregon jury says the electric utility PacifiCorp must pay punitive damages for causing devastating wildfires in 2020. That’s on top of an earlier verdict expected to amount to billions of dollars. SENT 260 words, photos. CHASING-HORSE-ARREST-NEVADA — Nathan Chasing Horse has been charged in Canada with new sex crimes in the latest case to be brought against the former “Dances With Wolves” actor, who remains jailed in Las Vegas as he awaits trial in a sweeping sexual abuse case. SENT: 470 words, photos. HATE CRIME-SENTENCE — A southwestern Montana man has been sentenced to 18 years in federal prison after being convicted of a hate crime and firearms charges for threatening a woman with violent, homophobic slurs and shooting at her house with an assault rifle as part of a self-described “mission” to rid a small town of its LGBTQ community. SENT: 700 words, photo. ————————————— INTERNATIONAL ————————————— SOUTH ASIA-CYCLONE — A vast swath of western India and neighboring southern Pakistan that suffered deadly floods last year are bracing for a new deluge as fast-approaching Cyclone Biparjoy whirls toward landfall. SENT: 390 words, photos. ISRAEL-PALESTINIANS — Israeli forces killed a Palestinian man in the occupied West Bank, Palestinian health officials said, the latest death in a spike of violence that has rocked the region. SENT: 200 words, photos. CHINA-ABBAS — Chinese Premier Li Qiang met with visiting Palestinian President Mahmoud Abbas in a drive by Beijing to elevate relations and increase its overall presence in the Middle East. SENT: 460 words, photos. HONG-KONG-PROTEST-SONG — A popular Hong Kong protest song was no longer available Wednesday on several major music streaming sites and social media platforms, after the government sought an injunction to ban the tune. SENT: 390 words, photos. JAPAN-SPRAY ATTACK — Police in the western Japanese city of Osaka said they have arrested a woman on suspicion of spraying an unknown liquid on several women inside a department store, causing pain to their faces and eyes. SENT: 170 words, photos. ——————————————— HEALTH & SCIENCE ——————————————— DEATHS-YOUNG-AMERICANS — The homicide rate for older U.S. teenagers rose to its highest point in nearly 25 years during the COVID-19 pandemic, and the suicide rate for adults in their early 20s was the worst in more than 50 years, government researchers said. By Medical Writer Mike Stobbe. SENT: 590 words, photo, graphic. ISLE ROYALE-WOLVES — Grey wolves are thriving at Isle Royale National Park in Michigan, five years after they nearly died out. SENT: 780 words, photos. ——————————————— BUSINESS/ECONOMY ——————————————— FINANCIAL MARKETS — Asian shares were trading mixed after the U.S. Federal Reserve held interest rates steady. By Business Writer Yuri Kageyama. SENT: 650 words, photos. RETAIL SALES — Economists expect May spending to be flat as Americans continue to struggle to keep up with persistently high inflation. By Retail Writer Anne D’Innocenzio. UPCOMING: 130 words, photo, after 8:30 a.m. release, then expanded. —————————————— ARTS/ENTERTAINMENT —————————————— OBIT-ROBERT-GOTTLIEB — Robert Gottlieb, the inspired and eclectic literary editor whose brilliant career was launched with Joseph Heller’s “Catch-22” and continued for decades with such Pulitzer Prize-winning classics as Toni Morrison’s “Beloved” and Robert Caro’s “The Power Broker,” has died at age 92. By National Writer Hillel Italie. SENT: 1,670 words, photo. —————————- SPORTS —————————- BASEBALL PRIDE NIGHTS-RELIGION — Although 29 of the 30 Major League Baseball teams will host Pride Nights this season, the sport remains without an openly gay player. By Baseball Writer Jay Cohen. UPCOMING: 1,250 words, photos by 6 a.m. With BASEBALL PRIDE NIGHTS-PHOTO GALLERY. US OPEN-SEASON OF UNCERTAINTY — The U.S. Open is set to tee off into uncharted territory, with the golf world perplexed by the recent shakeup-makeup between Saudi golf interests and the PGA Tour and 156 of the sport’s best players taking on Los Angeles Country Club, a course hardly anyone has seen. By National Writer Eddie Pells. UPCOMING: 800 words, photos by 6 a.m.; Play begins at 9:45 a.m. KYRGIOS-MENTAL HEALTH — Australian tennis star Nick Kyrgios has revealed he spent time in a psychiatric ward following a loss at Wimbledon in 2019 because of suicidal thoughts. SENT: 440 words, photo. ———————— HOW TO REACH US ———————— At the Nerve Center, Lorian Belanger can be reached at 800-845-8450 (ext. 1600). For photos, Masayo Yoshida (ext. 1900). For graphics and interactives, ext. 7636. Expanded AP content can be obtained from AP Newsroom. For access to AP Newsroom and other technical issues, contact apcustomersupport@ap.org or call 844-777-2006. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide New Zealand's economy dips into recession as higher interest rates bite Stock market today: Asia shares mixed after Fed holds rates steady and hints of hikes ahead NATO debates ways to boost ties with Ukraine as war against Russian invasion drags on
2023-06-15 15:49
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