World

The Italian authorities has launched a shock 40% windfall tax on the earnings made by banks from excessive rates of interest.Ministers stated they deliberate to make use of the proceeds to assist mortgage holders - however stated it was a one-off levy to be utilized this summer time. The announcement despatched banking shares tumbling. Italy's largest chain Intesa Sanpaolo was down 8% on Tuesday morning, whereas rival UniCredit dropped 6.5%.It comes following the introduction of comparable taxes in Spain and Hungary - and amid requires the UK authorities to do the identical.Read extra from enterprise:Miserable climate hits summer time garments gross salesPublisher Simon & Schuster offered for £1.27bnFood costs might by no means fall once more, chief economist warns Italy'...

KYIV, Ukraine (AP) — The dying toll from Russian missile strikes that hit condo blocks and different buildings in an japanese Ukrainian metropolis has climbed to seven, with 67 injured, the Ministry of Internal Affairs stated Tuesday. ...

A lady has been left in a essential situation after she was attacked by a shark off one in every of New York City's hottest seashores.The girl was attacked at Rockaway Beach at round 5.50pm yesterday, in keeping with the New York Police Department's public data workplace. She remained in essential situation at Jamaica Hospital Medical Center late final night time, spokesperson Michael Hinck mentioned, in keeping with NBC News, Sky News' US companion community.The girl was a 50-year-old swimmer bitten on her left leg, in keeping with the town's Department of Parks and Recreation.Lifeguards cleared the seaside after the assault as police in a helicopter searched unsuccessfully for the shark, the division mentioned. Authorities will proceed to observe the realm for sharks, it ad...

LONDON — A small group of asylum-seekers has been moved onto a barge moored in southern England because the U.Okay. authorities tries to chop the price of sheltering folks searching for safety within the nation, British information media reported Monday. ...

Hundreds of firefighters in Portugal are battling a wildfire, which is sweeping southward in direction of the Algarve.Around 1,400 individuals have already been evacuated from the blaze, which began on Saturday within the space of Odemira, positioned south of the capital Lisbon and alongside Portugal's west coast. The space is simply to the north of Portugal's Faro district, which is residence to the Algarve - a well-liked summer season vacation vacation spot.The fireplace has unfold southward in direction of the Algarve, helped by excessive temperatures and powerful winds, which have sophisticated efforts to battle again the flames.Around 800 firefighters are battling the blaze, which has already destroyed round 6,700 hectares of land. Odemira's mayor, Helder Guerreiro, know...

GUAJARA-MIRIM, BRAZIL (AP) — On the banks of the Komi Memem River, the exercise by no means ceases: Women go down the embankment from Laje Velho village carrying basins to clean clothes, whereas males embark in small canoes on looking and fishing expeditions. At day’s finish, it’s the kids’s flip to dive into its tea-colored waters. ...

Thousands of scouts from world wide have begun transferring from their campsite on South Korea's coast to inland venues forward of a tropical storm that's forecast to carry intense rain and powerful winds.More than 1,000 autos are getting used to maneuver 37,000 scouts - largely youngsters - from the World Scout Jamboree that opened final week in Buan, a county on South Korea's southwestern coast. Most will likely be housed in Seoul, the place officers have secured college dormitories, authorities and company coaching centres, and lodges.Tropical Storm Khanun has swirled round Japan's southwestern islands for greater than every week bringing a deluge of rain, knocking out energy and damaging properties.Early on Tuesday morning, the storm was centred 217 miles south of Kagoshi...

SEOUL, South Korea — Buses started transferring hundreds of worldwide Scouts from their campsite on South Korea’s coast to inland venues Tuesday forward of a tropical storm that's forecast to carry intense rains and powerful winds to the peninsula inside days. ...

"Tumbling" information in Antarctica should be taken extra significantly due to their "cascading" international impacts, a bunch of scientists requested by the Foreign Office to research the "unprecedented" adjustments has warned immediately.After huge icebergs as much as 1 / 4 the scale of Wales appeared to interrupt off with "increasing frequency", the Foreign Office commissioned the overview, which has confirmed excessive occasions there are taking place extra usually and are extra intense. Jane Rumble, head of polar areas on the UK Foreign, Commonwealth & Development Office, stated: "What happens in Antarctica does not stay in Antarctica."It has international penalties and subsequently it is essential to lift consciousness of what Antarctica goes by way of."Professor ...

NAIROBI, Kenya — Nearly two weeks have handed because the coup in Niger, and the 2 males making competing claims to energy have gone quiet in latest days. One is the ousted president, who stated final week he’s being held hostage and has been publicly silent since then. The different is the army junta chief who asserts he acted out of concern for the nation’s safety and has inspired Nigeriens to defend it from any overseas intervention. ...