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List of All Articles with Tag 'eur'

Dollar Bearish Bets Climb to Record High Among Asset Managers
Dollar Bearish Bets Climb to Record High Among Asset Managers
Asset managers boosted bearish dollar bets to a record amid speculation slowing US inflation will hasten the end
2023-07-24 10:25
Oil Drops as Likely Fed Hike Weighed Against Tightening Market
Oil Drops as Likely Fed Hike Weighed Against Tightening Market
Oil fell after four weekly gains as traders weighed prospects for another hike from the Federal Reserve against
2023-07-24 08:21
Japan’s Mom-and-Pop Traders Boost Emerging-Market Currency Bets
Japan’s Mom-and-Pop Traders Boost Emerging-Market Currency Bets
Japanese retail investors — who dominate spot trading in Tokyo’s foreign-exchange market — have increased bets on volatile
2023-07-24 06:57
Spanish Socialists’ Late Surge Leaves Parliament in Gridlock
Spanish Socialists’ Late Surge Leaves Parliament in Gridlock
Spanish Prime Minister Pedro Sanchez boosted his support during the final days of the election campaign to deny
2023-07-24 05:58
Spanish election 2023: Exit poll predicts a swing to right-wing government
Spanish election 2023: Exit poll predicts a swing to right-wing government
Spain could have its first far-right participation in government since the days of Franco after an election exit poll suggested a swing to the right. Spanish prime minister Pedro Sánchez is trying to win a third consecutive national election but an exit poll predicted that a right-wing coalition may have enough votes to take power. The centre-right People’s Party was set to win 150 seats, while the anti-Muslim, anti-feminist Vox party had 31 seats, according to a GAD3 voter survey released after polls closed. Together this would give the parties enough for a majority in the 350-seat parliament. However a survey by Sigma Dos was less conclusive, predicting 145-150 seats for PP and 24-27 seats for Vox, which could mean the two parties would fall short at the lower range of its poll. The Socialists were set to win 112 seats, according to GAD3, and 113-118 seats according to Sigma Dos, while the far-left platform led by Labour Minister Yolanda Diaz had either 27 seats or 28-31 seats. GAD3 said its poll surveyed 10,000 people and closed on July 22. The Sigma Dos survey of 17,000 people closed on Sunday. If both the left-wing and right-wing bloc fail to meet the threshold for the number of seats required to govern, new elections may have to be called - as happened in 2019 and 2015. After casting his vote, Mr Sánchez said: “What happens today is going to be very important not just for us but also for Europe and I think that should also make us reflect.” The secretary general of the conservative People’s Party (PP), Cuca Gamarra, told Spanish TV after the vote that the PP was about to “recover the position of first political force in a general election”. The Interior Ministry said voter turnout at 6pm local time stood at 53 per cent, compared with 56 per cent at the same point in the the country’s last national election, in November 2019. The election was taking place at the height of summer, with millions of voters likely to be holidaying away from their regular polling places. However, postal voting requests soared before Sunday. With no party expected to garner an absolute majority, the choice is basically between another leftist coalition and a partnership of the right and the far right. Far-right party Vox proposes the expulsion of illegal migrants and a naval blockade to stop them arriving, and the closure of radical mosques, while supporting immigration meeting Spain‘s labour market needs and from nationalities sharing language or culture. It has also vowed to repeal progressive laws on transgender rights, abortion and animal rights, along with climate protections promoted by Sanchez. Mr Abascal has said Vox doesn’t have a position on Spain‘s former dictator Franco, who ruled until his death in 1975 after winning a bloody civil war in 1939. But Mr Abascal has also said that Mr Sanchez’s government was the worst in 80 years, a period that includes Franco’s regime. Agencies contributed to this report. Read More Greece fires - live: Jet2 and Tui scrap Rhodes flights as tourists fleeing island describe ‘hell on earth’ Spain votes in general election that could see it become latest EU country to veer to the right A beach tragedy highlights the EU’s migration crisis – and how Spain’s election could make things worse Spaniards vote in an election that could oust a leftist coalition and herald a return to the right Spanish general election tipped to put the far right back in office for the first time since Franco Spain conservatives entrust Feijóo, the boring guy who wins every election by a landslide
2023-07-24 04:21
Spanish Right Set to Oust Sanchez With Slim Majority, Poll Shows
Spanish Right Set to Oust Sanchez With Slim Majority, Poll Shows
Spanish conservative leader Alberto Nunez Feijoo won the most seats in Sunday’s election and is on track to
2023-07-24 02:59
Locals step in to help tourists after Rhodes fires
Locals step in to help tourists after Rhodes fires
Families on the island have offered up their spare bedrooms and sofas to stranded holidaymakers.
2023-07-24 02:16
Spain Goes to Polls as Conservatives Eye Ousting Sanchez
Spain Goes to Polls as Conservatives Eye Ousting Sanchez
Spaniards are voting Sunday in stifling summer heat, with the conservative opposition clear frontrunners but likely needing to
2023-07-24 00:57
‘It was hell on earth’: British tourists describe fleeing for their lives from Rhodes wildfire
‘It was hell on earth’: British tourists describe fleeing for their lives from Rhodes wildfire
A mother who says she experienced “hell on earth” was among the British tourists forced to flee Rhodes this weekend as fierce wildfires continue to rip through the Greek holiday island. Officials on the island, which sits southwest of Turkey in the Aegean Sea, launched Greece’s biggest-ever evacuation operation as the blaze tore through vast swathes of land, threatening resorts popular with holidaymakers. Tourists were forced to shelter in schools, sports stadiums, airports and alternative hotels as firefighters desperately fought to contain the flames, which officials fear may worsen on Monday as wind speeds more than double on the island. As Britons rushed to book seats on packed flights home after the evacuations, holiday firms including Jet2, the UK’s biggest tour operator, announced they would be cancelling services to Rhodes and would be sending empty planes to bring stranded tourists home. Around 19,000 people in total are reported to have been evacuated from Rhodes, the largest of Greece’s Dodecanese islands, which has a local population of about 115,000. Becky Mulligan, a 29-year-old training manager from Leicester, was staying at the Princess Sun Hotel in the Kiotari resort on Rhodes’s southeast coast when she, her five-year-old daughter, and sister, 20, were forced to quickly pack their bags and flee as the sky turned “orange”. “Smoke started coming up against the window of the hotel so we decided to run,” she told The Independent. “There were helicopters hovering above making the whole building shake. “We ended up legging it down a dirt track as the smoke came up around our legs. I thought I was going to die. It was like hell on earth.” Ms Mulligan and her family were forced to seek refuge on the beach as they waited for coaches to come and pick them up, which she described as the “most scary point”. She said hundreds of people were waiting to be evacuated with grown adults “basically trampling on children to get to the buses”. The trio was then taken to Gennadi Grande resort and from there bussed to another location, where they were forced to spend the Saturday night on the floor of a hotel room. On Sunday morning they managed to escape safely, sharing a taxi with another family to the airport where their flight back to the UK was due to depart after 11pm. Dan Jones, a sports teacher from Torquay, Devon, said he had to climb onto a fishing trawler with his sons on Saturday night, describing it as “the scariest moment in my entire life”, adding: “What brave boys.” Ian Wakefield told Times Radio he spent the night in a school playground in Faliraki after being evacuated from his hotel in Pefki. He said: “It didn’t really feel real – being in imminent danger of being burned to death. Between midnight and around 5am this morning we were going through an evacuation which was pretty chaotic. “There were a lot of upset people and children who were understandably quite hysterical. It was all very confusing – the instructions from the hotel manager were unclear. “You had to make your own choice in the end. I’ve had to leave quite a lot of luggage in the hotel.” As fire crews struggled to contain the blazes and thick black smoke continued billowing into the sky, British holiday firms began cancelling flights to Rhodes, although some planes touched down on the island on Saturday night and early on Sunday morning despite the emergency. Jet2 Holidays cancelled all flights to the island until 30 July and said it would send empty planes to bring stranded Britons home, while Tui said it would cancel all flights and holidays until Tuesday. Thomas Cook later announced it had cancelled all holidays to Kiotari and Lardos – the areas of the island most at risk – until 31 July and would be in touch with customers to arrange “swift refunds”. It has also offered full refunds to customers due to depart for other parts of the island on Sunday and Monday who wish to cancel their trip. But some holidaymakers suggested that operators should have cancelled flights to the island sooner. Lowri Jones from Crymych, Pembrokeshire, Wales, described scenes of “chaos” at Rhodes Airport when she arrived there on Saturday night. The mother of three, 52, travelled to the Greek island with her thirteen year-old-daughter for a holiday. “It was absolute pandemonium at the airport, with long queues of people trying to find out what coach they were,” she told The Independent. “We booked with Tui and there has been very little communication from them. “We had been due to stay at the Atlantica Dreams hotel in Gennadi but were driven - without warning - to a completely different resort in the north of the island due to the wildfires.” She added: “Me and my daughter ended up spending the night on the floor with other people in a room with no air conditioning in sweltering heat - it was horrible. “To be honest, I don’t think we should have even been there in the first place. The flight was delayed because the pilot had to do a risk assessment to see if it was safe to land because of the fires. “Tui should have told us it wasn’t safe and given us a refund - at least that way I could have made a decision about booking somewhere else. Now I’m stranded in Rhodes and having to look at booking flights home.” A spokesperson for Tui said it is continuing to monitor the wildfires and appreciated the “distressing and difficult” situation for its customers. Anyone who remains in Rhodes is urged “follow the advice of the local authorities who are managing tourist movements in impacted areas,” they said. Britain’s ambassador to Greece said the Foreign Office had sent a "rapid deployment team" to help UK tourists who were among thousands forced to flee for their lives on Saturday as the wildfire spread. Read More Holidays and flights to Greek island ravaged by fire cancelled UK airlines still selling tickets to Rhodes despite wildfire inferno Greece: Smoke turns Rhodes sky grey and hazy as wildfires continue to rage CLIMATE GLIMPSE: Here's what you need to see and know today Jet2 and Tui scrap Rhodes flights as tourists fleeing island describe ‘hell on earth’ Decision not to refund Rhodes tourists would be ‘unconscionable’, charity says
2023-07-24 00:21
Greece fires - live: Jet2 and Tui scrap Rhodes flights as tourists fleeing island describe ‘hell on earth’
Greece fires - live: Jet2 and Tui scrap Rhodes flights as tourists fleeing island describe ‘hell on earth’
Jet2 and Tui have cancelled all flights to Rhodes as wildfires continue to tear through the Greek holiday destination for a sixth consecutive day. The Jet2 planes were scheduled to depart from the East Midlands, Leeds Bradford, Manchester, Newcastle and Stansted airports full of tourists bound for the Greek island. But the planes left emply and will instead be used to evacuate holidaymakers fleeing the blaze. Fire crews are now in a race against time to stop the fires from spreading further with 21mph (34kph) winds forecast for tomorrow. Thousands of tourists were forced to flee their hotels and images captured their dramatic evacuation off of beaches by a fleet of private boats while the fires raged in the background. Becky Mulligan, a 29-year-old training manager from Leicester, was staying at the Princess Sun Hotel in the Kiotari resort on Rhodes’s southeast coast when she, her daughter, 5 and sister, 20 say they were forced to flee. “I thought I was going to die. It was like hell on earth,” she told The Independent. Read More Wildfires on Greek island of Rhodes force thousands of holidaymakers to evacuate From body bags of ice to pavement burn: US grapples with new extreme heat reality Hiker, 71, dies in Death Valley shortly after being asked by reporter why he was braving heat: ‘Why not?’ July 2023 is set to be world’s hottest month in ‘hundreds, if not thousands, of years’
2023-07-23 22:21
Italy PM Meloni seeks to build alliance to tackle illegal migration
Italy PM Meloni seeks to build alliance to tackle illegal migration
By Angelo Amante and Keith Weir ROME (Reuters) -Illegal flows of migrants are damaging all countries across the Mediterranean, Italian
2023-07-23 22:19
Rhodes fires: Scots tourists sleep on street as blazes spread
Rhodes fires: Scots tourists sleep on street as blazes spread
One couple from Kilmarnock had to sleep on a mattress in the street after hotels on the Greek island were evacuated.
2023-07-23 19:18
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