List of All Articles with Tag 'europe'

European Central Bank Governing Council member Klaas Knot said monetary tightening beyond next week’s meeting is anything but

Group of 20 finance ministers and central bank governors conclude a two-day gathering Tuesday, with participants haggling over

British households and businesses are bracing for UK inflation figures on Wednesday that are expected to keep the

European Central Bank Governing Council member Ignazio Visco said inflation may come down more quickly than the institution

Holidaymakers have been evacuated from at least six seaside communities in Greece as their homes are threatened by wildfires amid the extreme heat hitting Europe that will likely last until August. Gusts of wind up to 45 mph are pushing flames through hillside scrub and pine forests parched by extreme heat near Athens, leading authorities to issue the evacuation orders on Monday. Meanwhile, the World Meteorological Organization warned that the heatwave affecting the Mediterranean is forecast to intensify by mid-week, including in Greece, and is likely to continue into August in some places. New records have already been set for specific weather stations in parts of the northern hemisphere and new national records may also be set, the UN agency's website said. Another anticyclone dubbed “Charon”, who in Greek mythology was the ferryman of the dead, advanced into the region from north Africa on Sunday and could lift temperatures well above 45C in parts of Italy, Spain and Greece. The hottest temperature recorded in Europe was 48.8C in Sicily, in August 2021. It comes as extreme temperatures are breaking records worldwide as both the US and China saw the mercury crossing 50C on Sunday. Read More ‘It’s terrifying’: Spain braces for worst of heatwave Mapped: Temperatures set to soar in Italy, Spain and Greece due to Charon heatwave Which holiday destinations will be hottest this week and how can you stay safe as temperatures soar? Why is there no UK heatwave as Europe swelters during Charon?

Asian stocks traded mixed Tuesday as China’s sluggish economic recovery triggered growth forecast cuts and a warning from

Microsoft Corp. and Activision Blizzard Inc. are nearing the finish line on their $69 billion deal, but aren’t

The presidents of France, Colombia, Brazil and Argentina met with Venezuelan government and opposition negotiators on Monday, in

Two separate blazes are tearing through the country as it suffers the effects of a scorching Mediterranean heatwave.

Microsoft Corp.’s once seemingly doomed $69 billion bid for Activision Blizzard Inc. gained more momentum on Monday after

Watch a live view of Kalyvia, Greece, where wildfires have sparked evacuations of coastal towns amid a summer heatwave. Smoke continues to rise across the sky on Monday 17 July, while sizzling temperatures have swept across Europe in recent days and the heatwave has taken hold across many popular holiday hotspots in the Mediterranean. Much of southern Europe has been in the high 30s, while some parts of southern Italy and areas in Greece have been in the low-to-mid 40s, which is eight to 12 degrees above the seasonal average for the region. The hottest temperature recorded was around 45C and the heatwave has caused health issues, leading to a strain on local medical services during a busy tourist period. Forecasters say in the coming days parts of Italy and Greece could push the 48.8C recorded in Syracuse, Sicily in August 2021, the highest temperature ever recorded in Europe. The hot weather is set to continue for at least another week. Read More Watch view of the Vatican as European temperatures soar to nearly 40C Mapped: Temperatures set to soar in Italy, Spain and Greece due to Charon heatwave Greece ‘like Africa’ as Europe melts in deadly heatwave forecast to smash record

Blisteringly high temperatures are expected to continue across parts of southern Europe this week, as the continent braces for its second extreme heat wave, putting people's health at risk and setting the stage for wildfires.