List of All Articles with Tag 'euro'

War-time president Volodymyr Zelensky has revealed the areas where Ukraine’s forces are facing a “challenging” time repelling Russian troops as air bombardments intensified over a strategic city in the east. Ukrainian forces repelled a total of eight attacks on the battered, strategic city of Avdiivka by Vladimir Putin’s troops in the past 24 hours, said Ukraine’s military spokesperson Oleksandr Shtupun. It was earlier reported that Mr Putin was going to make a third attempt at capturing the city known for its large coking plant after failing twice before. “Fighting is still going on. Over the last two days, the occupiers have increased the number of air strikes using guided bombs from Su-35 aircraft,” said Mr Shtupun. “The enemy is also bringing in more and more infantry. But when they tried to deploy armoured vehicles the day before yesterday two tanks and 14 other vehicles were burned out,” he said. Vitaliy Barabash, head of Avdiivka’s military administration, also revealed Russia’s losses in its current drive for Avdiivka. A minimum 3,000-4,000 Russian troops were killed and a further 7,000-8,000 were wounded, he told state news agency Ukrinform. Russia has not commented on the claims of the casualties made by Kyiv. “Quite simply, Avdiivka and its strategic position is geographically located on heights and you can see Donetsk... from here,” he said, referring to the Ukrainian area occupied by Russia. He said Mr Putin’s troops “need” Avdiivka. “Not a single building” was intact in the city that now has just over 1,500 people remaining from its pre-war population of 32,000, Mr Barabash said. Some of the remaining civilians in Avdiivka include doctors and nurses. The town still has a shop and functioning hospital operating under every day shelling. In an evening update on the frontline on Monday, the Ukrainian General Staff of the Armed Forces said its troops repelled 15 Russian attacks near the long-contested town of Maryinka, east of Avdiivka. Kyiv said its troops also repelled another 11 strikes near Bakhmut to the northeast and six near Kupiansk in the northeast. Mr Zelensky, in a speech on Monday, said fighting along the frontline has been “challenging”. He named Avdiivka, Maryinka, Bakhmut front, Lyman front, Kupyansk, Zaporizhzhia and Kherson as the areas where fighting has been the fiercest. He said he was grateful “for the fact that Ukraine knows and will know the enemy’s plans and how to respond to them – properly and powerfully”. “Both on the ground and in the Black Sea,” he said, referring to the area where Russia has concentrated its naval fleet. This was further corroborated by Ukrainian commander-in-chief, General Valery Zaluzhnyi, who said Avdiivka, Kupiansk, and Maryinka fronts remain the “most intense”. “The situation is complicated, but remains under control,” he said. The top commander spoke with his American counterpart, Chairman of the US Joint Chiefs of Staff General Charles Brown, on Monday. He discussed Ukraine’s plans for the winter and urgent needs of the Ukrainian troops, such as ammunition, air defence and drones. In an interview earlier this month, Mr Zaluzhnyi said the war was entering a phase of attrition, leading to Mr Zelensky dismissing any notion that the conflict was headed towards a stalemate. Russian accounts said Moscow’s forces had repulsed five Ukrainian attempts to advance on villages outside Bakhmut that was captured by Moscow’s troops in May after months of fighting. Read More South Korea and members of the US-led UN command warn North Korea over its nuclear threat Russia-Ukraine war: Mystery as Putin’s state media removes update on forces - live South Korea's Yoon will warn APEC leaders about the risks of a Russia-North Korea arms deal Russian UN envoys shoot back at Western criticism of its Ukraine war and crackdown on dissidents From Gaza to Ukraine, China to the EU: The major issues facing Cameron in new role What has David Cameron been doing since resigning from government?

Emirates President Tim Clark dashed Airbus SE’s hopes of pulling in a large order at the Dubai Air

UK wage growth slowed and vacancies continued to fall, further signs that the labor market is easing as

Finland’s economy contracted the most since the onset of the Covid-19 pandemic as the drop in demand for

Prices for used Rolex and Patek Philippe watches fell to fresh two-year lows on the secondary market last

Teck Resources Ltd. is set to sell its coal business to commodities trader and miner Glencore Plc, Japan’s

The situation at two Gaza hospitals is under focus as Israel and Hamas trade accusations over the facilities

Residents of Grindavik were allowed back briefly on Monday to collect their belongings amid the risk of a volcanic eruption. Seismic activity in southwestern Iceland decreased in size and intensity on Monday, but the risk of a volcanic eruption remained significant, authorities said, after earthquakes and evidence of magma spreading underground in recent weeks. Almost 4,000 people were evacuated over the weekend as authorities feared that molten rock would rise to the surface of the earth and potentially hit a coastal town and a geothermal power station. However, yesterday police in Suðurnes decided to give residents until 4pm to collect necessities from their homes before evacuating the town again. Earlier, shock images showed roads split apart near Grindavik as the country braced for a volcanic eruption following a series of earthquakes and with evidence of magma spreading underground. Experts said a nine-mile river of magma running beneath the peninsula was still active, putting Grindavik at risk. Read More Iceland roads cracked and evacuations ordered amid looming volcanic eruption Iceland earthquakes: Are flights still running amid fears of volcano eruption? Iceland earthquakes: What are your rights if you are on holiday or are planning to go? Could an Icelandic volcano ground flights like in 2010?

A look at the day ahead in European and global markets from Ankur Banerjee With investors' focus squarely on U.S.

The European Union aims to slash methane emissions by clinching a deal that could have global ramifications if

House Speaker Mike Johnson is counting on Democrats to overcome misgivings and approve his proposal to avert a

By Prerana Bhat BENGALURU The European Central Bank will hold interest rates steady well into next year, with