Wednesday, January 22, 2025

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Europe

September 12, 2024 10:58 PM

ECB cuts interest rates as growth dwindles

The European Central Bank cut interest rates again on Thursday and signalled a "declining path" for borrowing costs in the months ahead as inflation slows and economic growth in the euro zone falters. The ECB lowered its deposit rate by 25 basis poi...

September 10, 2024 5:08 PM

Italy oyster farmers dream of pearls from warming Mediterranean

Pearls may soon be cultivated in European seas for the first time ever, as Italian oyster farmers seek to exploit an unexpected opportunity offered by the rapidly warming Mediterranean. In late 2023, the first specimens of Pinctada radiata, a pearl ...

September 3, 2024 4:36 PM

How Ukraine clinched a wartime debt restructuring

Just a few months after Russia invaded Ukraine, the country's financial adviser, Rothschild & Co, handed Kyiv's debt chief a thick black folder detailing major sovereign debt restructurings of the past 30 years. For Yuriy Butsa, 40, it would pro...

September 2, 2024 5:01 PM

Indian Navy’s P8I aircraft in France for Exercise Varuna

The Indian Navy's P-8I aircraft has landed at Air Base 125 Istres-Le Tube in France, marking its first-ever deployment in Europe, to participate in the 22nd edition of Exercise Varuna with the French Navy. This deployment comes 63 years after the In...

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Last updated on: 22nd January 2025