Italy
‘Russia has to pay’: G7 taps Moscow’s frozen assets in support of Ukraine
A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign assets in support of Ukraine: Moscow must make reparations. “Russia has to pay,” European Council President Charles Michel told CNBC’s Steve Sedgwick, after the leaders of the Group of Seven (G7) major democracies agreed in […]
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European markets move lower as positive momentum falters
Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. Nathan Laine | Bloomberg | Getty Images European markets were lower Tuesday, as positive momentum over the past few days falters. The pan-European Stoxx 600 was down 0.3% by 2:35 p.m. London time, with all […]
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Italy is bracing for a record wave of tourists, but is having trouble handling them
Tourists line a street in Venice, Italy, on Saturday, March 16, 2024. Venice collected €37 million in overnight tourist taxes in 2023, with hotels charging guests anywhere between €1 and €5. Nathan Laine | Bloomberg | Getty Images Bellagio, Lake Como, Italy — When boat drivers start complaining about the tourists overrunning this famous lakeside […]
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Ukraine war reside updates: Russia can’t swallow the West whole, Orban says G7 finance chiefs meet with Ukraine on agenda
Russia not likely to ‘swallow the Western earth full,’ Hungary’s Orban says Hungarian Prime Minister Viktor Orban attends ADF Talks as component of the Antalya Diplomacy Discussion board (ADF) at NEST Congress and Exhibition Center in Antalya, Turkiye on March 01, 2024. Emin Sansar | Anadolu | Getty Pictures Hungarian Key Minister Viktor Orban downplayed […]
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From $35,000 to $446,000: What it cost to renovate a $1 home in Italy
Buying a home in the Italian countryside for cheap comes with a catch — in one case, to the tune of nearly half a million dollars. But that wasn’t on the radars of Meredith Tabbone or Rubia Daniels, who in 2019 both learned about homes being sold for 1 euro (roughly $1.05) in Sicily. Since […]
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World’s greatest olive oil producer suggests the business faces a person of its toughest moments ever
Serious sizzling climate and persistent drought disorders have dealt a critical blow to olive oil production in southern Europe, resulting in a major surge in charges. Anadolu | Anadolu | Getty Images Spain’s Deoleo, the world’s major olive oil producer, claims the sector requires to endure a “profound transformation” as it grapples with a single […]
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‘Liquid gold’: An olive oil lack is fueling report costs and foods insecurity fears
Extreme sizzling temperature and persistent drought problems have dealt a significant blow to olive oil manufacturing in southern Europe, resulting in a considerable surge in costs. The consequences of these adverse climate conditions have been particularly pronounced in the European Union (EU), wherever nations around the world collectively account for a staggering two-thirds of international […]
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With working day-trip fee ‘Disney-fication’ of Venice, the planet hits its overtourism tipping position
Demonstrators try out to split by way of the blockade established by police officers to enter the town at Piazzale Roma, opposing the demand for tourists to enter the metropolis on April 25, 2024 in Venice, Italy. Nowadays Venice authorities introduced a pilot program charging people a 5-euro entry price in the hope that it […]
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‘You can reside like a king’ by retiring in Europe, states CFP—but make these 3 moves very first
There is a large and difficult field all-around scheduling for everyday living in retirement, but if you’re imagining about how you can simply call it quits earlier or reside extra luxuriously when you do retire, the calculus can be remarkably uncomplicated. “The huge knob you can flip is price tag of living,” suggests Tommy Sikes, […]
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