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List of All Articles with Tag 'europe'

France Just Got Another Warning Over Its Credit Rating
France Just Got Another Warning Over Its Credit Rating
The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about
2023-05-27 13:57
Former BOE Hawks Say UK Interest Rates Headed to 6% Pain Level
Former BOE Hawks Say UK Interest Rates Headed to 6% Pain Level
Hawkish former Bank of England rate-setters warned that interest rates will need to soar as high as 6%
2023-05-27 13:24
US Condemns Kosovo After Police Clash With Serb Protesters
US Condemns Kosovo After Police Clash With Serb Protesters
The US condemned Kosovo’s government following clashes between police and ethnic Serbs that broke out when protesters tried
2023-05-27 02:47
First Dutch Female Finance Minister Mulls Quitting After Death Threats
First Dutch Female Finance Minister Mulls Quitting After Death Threats
Dutch Finance Minister Sigrid Kaag is considering her political future over continued threats from conspiracy theorists and right
2023-05-27 01:17
Euro-Zone Crawl Toward 2% Inflation Keeps ECB in Rate-Hike Mode
Euro-Zone Crawl Toward 2% Inflation Keeps ECB in Rate-Hike Mode
Euro-zone inflation data next week will probably show frustratingly slow progress toward the European Central Bank’s 2% target,
2023-05-26 23:20
Renault CEO says Euro 7 regulation distracting industry from electrification
Renault CEO says Euro 7 regulation distracting industry from electrification
MILAN Renault's chief executive said on Friday the European Union's proposed Euro 7 emissions rules for vehicles would
2023-05-26 20:22
French Drugmaker Weighs Bids For Scottish Site Behind Covid Debacle
French Drugmaker Weighs Bids For Scottish Site Behind Covid Debacle
Valneva SE has been approached by about a dozen potential buyers for its Scottish manufacturing site, according to
2023-05-26 19:53
French soldiers charged with failing to help 27 people who drowned trying to cross the Channel
French soldiers charged with failing to help 27 people who drowned trying to cross the Channel
Five French soldiers have been charged with failing to assist 27 people who drowned trying to cross the Channel in the worst small boats disaster on record. A judicial source said nine people in total had been placed in custody over the tragedy and five were formally charged. The AFP news agency reported that those charged included three women and two men on duty at the Channel rescue centre at the time. The disaster sparked a row between the UK and France as each side tried to blame the other for failing to rescue the deceased. It took the UK and French coastguards 12 hours to respond following the first Mayday call. Call records released to lawyers by the French authorities as part of an investigation into the disaster found that the first distress call to the French coastguard was logged shortly before 2.15am on 21 November 2021. The boat overturned at around 3.15am. Shortly afterward, at 3.30am, a passenger reported that some of the group, mostly Iraqui kurds, were in the water. The French authorities replied: “Yes, but you are in English waters, Sir.” Those on board made more than 20 distress calls between 3.40am and 7.30am at sunrise. At around 2.00pm the rescue services arrived at the scene and all but two of the group had drowned or died of exposure. Throughout the course of the night the UK coastguard, responsible for logging emergency calls and coordinating search and rescue missions in the Channel, continued to deny that the dinghy was in British waters, repeatedly telling the passengers to call the French coastguard. The records from France suggest that the boat entered British waters at 2.30am. The charges were welcomed by a spokesperson for Utopia 56, an organisation representing the migrants. "We can only be delighted that things are progressing from a criminal point of view," said Flore Judet. According to AFP those in custody were from the French rescue service Cross Gris Nez, in charge of rescues in the Channel. Cross Gris Nez declined to comment. The Paris court in charge of the investigation was not immediately available for comment. Read More Migration by numbers: What’s really driving the surge in people coming to the UK? Immigration is a great British success story – politicians should tell the truth about it Scarred by war, Ukrainian children carry on after losing parents, homes and innocence Asylum backlog at record high as charities brand human cost of delays staggering Labour leads Tories in poll on immigration as figures set to show migration rise Starmer would stop lower wages for overseas workers used to fill UK jobs
2023-05-26 17:20
Turkey’s Runoff Election Has Investors Bracing for More Pain
Turkey’s Runoff Election Has Investors Bracing for More Pain
Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President
2023-05-26 16:29
Swiss Minister Calls Credit Suisse Managers ‘Arsonists’
Swiss Minister Calls Credit Suisse Managers ‘Arsonists’
Switzerland’s Finance Minister Karin Keller-Sutter denied government responsibility for the near-collapse of Credit Suisse Group AG in March,
2023-05-26 16:29
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 16:28
UK’s Sunak Planning to Deport 3,000 Asylum Seekers Per Month
UK’s Sunak Planning to Deport 3,000 Asylum Seekers Per Month
The UK government is planning to deport thousands of asylum seekers per month from next year, a person
2023-05-26 16:19
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