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Flooding ravages Italy, killing 10 and leaving others stranded in trees
Print 🖨 PDF 📄‘It wasn’t a water bomb, it was a tsunami,’ mayor says of rainwater that flooded Marche region Flash floods swept through several towns Friday in hilly central Italy after hours of exceptionally heavy rain, leaving 10 people dead and at least four missing. Dozens of survivors scrambled onto rooftops or up into…
Spanish farmers plan protests in February
Print 🖨 PDF 📄MADRID, Jan 30 (Reuters) – Spanish farmers’ associations said on Tuesday they were planning to take to the streets in February in protest against strict European regulations and lack of government support as unrest continues to spread across Europe. The largest farmers’ groups – Asaja, COAG and UPA – share the same grievances…
China looks set to build naval base in Argentina, a ‘gateway’ to Antarctica: Reports
Print 🖨 PDF 📄French news site Intelligence Online reported in November last year that China is putting pressure on Argentina to build a naval base in Ushuaia, Tierra del Fuego province. The base will bring Beijing closer to Antarctica and allow it to control the passage between the Atlantic and Pacific oceans. According to independent…
Saudi Arabia drops $5 billion in Turkey’s central bank to help its struggling economy
Print 🖨 PDF 📄Saudi Arabia agreed to deposit $5 billion into Turkey’s central bank through its Saudi Fund for Development, the fund said in a statement Monday. The decision is “a demonstration of the Kingdom of Saudi Arabia’s commitment to supporting Turkey’s efforts to strengthen its economy,” the statement said. The news comes as Turkey…
‘A financial banana republic’: UBS-Credit Suisse deal puts Switzerland’s reputation on the line
Print 🖨 PDF 📄The demise of banking giant Credit Suisse sent shock waves through financial markets and appears to have dealt a blow to Switzerland’s reputation for stability, with one executive suggesting investors will now look at the mountainous central European country as “a financial banana republic.” UBS, Switzerland’s largest bank, agreed on Sunday to buy…
Korea’s Hanwha signs $2.6 billion arms deal with Poland
Print 🖨 PDF 📄SEOUL, Dec. 4 (UPI) — South Korea’s Hanwha Aerospace said Monday it has signed a $2.6 billion deal to deliver 152 K9 self-propelled howitzers to Poland by 2027. Under the contract, the firm will also provide Poland’s Armaments Agency with 155mm artillery ammunition and logistics support for the K9 howitzers. The Seoul-based company…
