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RBI, which the person said had sharply reduced its exposure to the Signa group in recent years, declined to comment on Thursday. The European Central Bank (ECB), which supervises the banks, declined to comment. Raiffeisen Landesbank Niederoesterreich-Wien, Raiffeisen Landesbank Oberoesterreich and Erste Group are also among the banks with exposures to Signa, the person said. The other two Austrian banks declined to comment. A spokesperson for Austria's central bank said it had no concerns about the country's financial stability, when asked about Signa's financial position.
Persons: UniCredit, Signa, Rene Benko, Fitch, Landesbank, Banks, Arndt Geiwitz, Francesco Canepa, Tom Sims, Elisa Martinuzzi, Alexander Smith Organizations: Signa Group, Chrysler, Raiffeisen Bank, Bank, European Central Bank, ECB, Reuters, Erste Group, Erste, Austria's National Bank, Market Authority, Thomson Locations: VIENNA, Banks, Austria, Bank Austria, Wien
ATP roundup: Alexander Shevchenko advances to Metz semifinals
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
Shevchenko overcame a 10-3 disadvantage in aces by converting two of three break points, to 0-for-3 for Khachanov. Shevchenko advanced to the semifinals Friday against wild card Pierre-Hugues Herbert, who outlasted fellow Frenchman Luca Van Assche 4-6, 6-3, 7-5 on Thursday. Sofia OpenSecond seed Adrian Mannarino and third seed Jan-Lennard Struff avoided upsets with three-set victories Thursday in the quarterfinals in Bulgaria. Mannarino of France eliminated seventh seed Sebastian Ofner of Austria 6-7 (7), 6-4, 6-3. Mannarino advanced to the semifinals Friday against Russia's Pavel Kotov, who defeated eighth seed Marton Fucsovics of Hungary 6-3, 7-6 (3).
Persons: Russia's Alexander Shevchenko, Canada's Felix Auger Aliassime, Pierre Albouy, Alexander Shevchenko, Karen Khachanov, Shevchenko, Pierre, Hugues Herbert, Frenchman Luca Van Assche, Ugo Humbert, Frenchman Harold Mayot, Lorenzo Sonego, Fabio Fognini, Adrian Mannarino, Lennard Struff, France, Sebastian Ofner, Germany's Struff, Hungary's Fabian Marozsan, Struff, Great, Jack Draper, Lorenzo Musetti, Cem Ilkel, Mannarino, Russia's Pavel Kotov, Marton Organizations: Swiss, Basel, Canada's Felix Auger Aliassime REUTERS, Khachanov, Sofia, Thomson Locations: Jakobshalle, Basel, Switzerland, Metz, France, Italy, Bulgaria, Mannarino, Austria, Turkey, Marton Fucsovics, Hungary
ATP roundup: Jack Draper pulls off massive upset at Sofia Open
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
Mandatory Credit: Danielle Parhizkaran-USA TODAY Sports/File Photo Acquire Licensing RightsNovember 9 - Great Britain's Jack Draper pulled off a 7-5, 6-2 upset of No. 1 seed Lorenzo Musetti of Italy on Wednesday in the second round of the Sofia Open in Sofia, Bulgaria. Fognini, a wild card, rallied for a 4-6, 7-6 (7), 7-6 (5) victory against fifth-seeded Alexander Bublik of Kazakhstan, while No. 6 Sonego swept Jordanian qualifier Abdullah Shelbayh 6-3, 7-5. Other winners included Frenchmen Luca Van Assche and wild card Pierre-Hugues Herbert and Russia's Alexander Shevchenko.
Persons: Jack Draper of, Andrey Rublev, USTA Billie Jean King, Danielle Parhizkaran, Jack Draper, Lorenzo Musetti, Draper, Russian Pavel Kotov, Cem Ilkel, Kotov, Sebastian Baez, Ilkel, Max Purcell, Frenchman Adrian Mannarino, Spain's Albert Ramos, Lennard Struff, Billy Harris, Austria's Sebastian Ofner, Hungary's Marton Fucsovics, Hungarian Fabian Marozsan, Fabio Fognini, Lorenzo Sonego, Alexander Bublik, Sonego, Abdullah Shelbayh, Fognini, Luca Van Assche, Pierre, Hugues Herbert, Russia's Alexander Shevchenko Organizations: USTA Billie, USTA Billie Jean King National Tennis Center, Sofia, Turkish, Argentine, British, Bublik, Thomson Locations: Flushing , NY, USA, Jack Draper of Great Britain, Italy, Sofia, Bulgaria, Russian, Hungarian, Moselle, Metz, France, Kazakhstan
BERLIN, Nov 9 (Reuters) - U.S. electric vehicle startup Fisker (FSR.N) is negotiating with five carmakers over a partnership to secure additional production capacity for its vehicles, its Chief Executive Henrik Fisker said on Thursday. We can bring them to market fast - we just need the capacity," Fisker said, speaking to Reuters in Berlin. The CEO told Reuters in May he was exploring partnerships with everyone from suppliers to tech companies to scale up production. The SUV, called PEAR, will be built with Foxconn in Ohio, but further capacity is needed for both models. Still, it cut its annual production target in August and adjusted pricing in October as it grappled with a slowdown in electric-vehicle demand.
Persons: Henrik Fisker, Fisker, Christina Amann, Victoria Waldersee, David Evans Organizations: Reuters, Magna International Inc, Thomson Locations: Berlin, California, Austria, Foxconn, Ohio
Scholz was speaking at a ceremony at a Berlin synagogue to mark "Kristallnacht" alongside Jewish leaders. "Every form of antisemitism poisons our society," said Scholz, who was wearing a kippah, the traditional Jewish cap, as is customary in a synagogue for men. A 10-minute video by German Economy Minister Robert Habeck expressing concern over rising antisemitism went viral last week. Indeed, new citizenship rules make clear that anyone who is antisemitic cannot receive German citizenship, Scholz said on Thursday. It was one of the world’s 10 largest Jewish centres, and many of Germany’s leading scientists were Berlin Jews.
Persons: Olaf Scholz, Beth Zion, JOHN MACDOUGALL, Scholz, Molotov, RIAS, Robert Habeck, Israel, Germany’s, Hitler, Sarah Marsh, Andreas Rinke, Thomas Escritt, Bernadette Baum Organizations: REUTERS Acquire, Rights, Jewish, Hamas, German, Thomson Locations: Beth, Berlin, Germany, Austria, Nazi, Israel, Palestinian
If accepted, EU officials expect formal accession talks with Kyiv to start next year. A top aide to Hungarian Prime Minister Viktor Orban said Budapest would not support Ukraine's EU integration unless Kyiv changes its laws on minorities, in particular as regards education. "Moldova is firmly on the path for EU membership and we will continue working relentlessly towards this goal," the country's president, Maia Sandu, said in welcoming the move. The Commission said the EU should also begin membership talks with Bosnia and Herzegovina once a long list of extensive conditions are met. In 2020, Britain was the first country to ever leave the EU, a major setback for European integration following World War Two.
Persons: Yves Herman, Volodymyr Zelenskiy, Zelenskiy, Ursula von der Leyen, Von der Leyen, Viktor Orban, Maia Sandu, von der Leyen, enlargements, Andrew Gray, Yuliia, Olena, Alexander Tanas, Gabriela Baczynska, Nick Macfie, Sharon Singleton Organizations: REUTERS, European Union, European Commission, EU, Kyiv, Ukraine, Russia, Thomson Locations: Ukraine, Brussels, Belgium, Moldova, Bosnia, Georgia, BRUSSELS, KYIV, Hungary, Kyiv, Hungarian, Budapest, EU, Moscow, Tbilisi, Herzegovina, Sarajevo, Austria, Slovenia, Croatia, Netherlands, Britain
[1/5] Soccer Football - Champions League - Group D - FC Salzburg v Inter Milan - Red Bull Arena Salzburg, Salzburg, Austria - November 8, 2023 Inter Milan's Lautaro Martinez scores their first goal from the penalty spot REUTERS/Leonhard Foeger Acquire Licensing RightsSALZBURG, Austria, Nov 8 (Reuters) - A late penalty by Lautaro Martinez helped Inter Milan book their spot in the Champions League last 16 with a 1-0 win at Salzburg on Wednesday, dashing the Austrian champions' knockout stage hopes with two games remaining. Substitute Martinez sealed the win for Inter from the spot five minutes from fulltime after Simone Inzaghi's men were awarded a penalty for a handball. Salzburg, who would have kept their last-16 qualifying chances alive with a draw, are third with three points. Martinez, who has scored 12 goals in 11 Serie A games this season, eventually gave Inter the lead, minutes after hitting the bar with an earlier chance. Inter, who last season reached the final and enjoyed their most successful Champions League campaign since lifting the trophy in 2010 under Jose Mourinho, edged Salzburg 2-1 in the reverse fixture last month.
Persons: Inter Milan's Lautaro Martinez, Leonhard Foeger, Lautaro Martinez, Martinez, Simone Inzaghi's, Davide Frattesi, Alessandro Bastoni, Jose Mourinho, Anita Kobylinska, Toby Davis Organizations: Soccer Football, FC Salzburg, Inter Milan, Red Bull Arena Salzburg, Inter Milan's, REUTERS, Champions League, Salzburg, Inter, handball, Real Sociedad, Benfica, Austrian, Serie, League, Thomson Locations: Salzburg, Austria, SALZBURG, Austrian, Gdansk
The San José galleon sank off the coast of Colombia in 1708 during a battle with British forces. Many of the treasures on board the San José were taken from Colombian and Peruvian mines using slave labor, Insider previously reported. ARMADA DE COLOMBIAIn 1708, the year the San José met its tragic fate, Spain was in the midst of the War of Spanish Succession. ARMADA DE COLOMBIAOn the night of June 8, 1708, British commander Charles Wager attacked the Spanish fleet near Cartagena, Colombia. By modern estimates, the San José may contain between $4 billion and $20 billion of riches, according to Bloomberg.
Persons: , José, Spain's, King Philip of Anjou, Charles of Austria, Philip of Anjou, King Louis XIV, Philip, Charles Wager Organizations: British, Service, West Indies Fleet, Spanish, Expedition, Bloomberg Locations: San, Colombia, Colombian, San Jose, COLOMBIA, Spain, Spanish, France, Cartagena , Colombia, Santa Cruz, American, Bolivia
Serbia's police detain over 4,500 migrants, seize weapons
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +2 min
Detained migrants sit on their knees with cuffed hands, at their makeshift camp close to the Serbia-Hungary border, near the city of Subotica, Serbia September 12, 2023. It said that eight smugglers and 119 people have been arrested on charges including human trafficking and illegal possession of weapons and drugs. Many migrants cross borders with the help of elaborate networks of smugglers who are sometimes armed, and shootouts between criminal groups are frequent. Last month three migrants died in a shootout near Serbia's border with Hungary, a route increasingly used by people smugglers for entering the European Union. Belgrade has pledged to align its visa policies with those of the EU to help stem the flow of illegal migrants westward.
Persons: Marko Djurica, Djurovic, Aleksandar Vasovic, Barbara Lewis Organizations: REUTERS, Rights BELGRADE, Serbian, Serbian Ministry of Interior, Internal, European Union, Center for Protection, Asylum, RTV TV, Thomson Locations: Serbia, Hungary, Subotica, Sombor, Kikinda, Hungarian, Pirot, Bulgaria, East, Afghanistan, Pakistan, Africa, Turkey, North Macedonia, Serbia's, Austria, Belgrade
Signa founder Benko hands reins of property empire to Geiwitz
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +2 min
A view of the sign of Signa Holding on their headquarters in Vienna, Austria, November 6, 2023. Benko, an Austrian entrepreneur and a key figure in Europe's property market for two decades, is known for high-profile purchases including New York's iconic Chrysler Building and Britain's Selfridges. Some current and former investors - themselves titans of industry - have in recent days publicly lashed out at Benko, raising questions about his future role at Signa. What is important now is to restore trust, and I want to play my part in that," Benko said in the statement. Geiwitz is best known for his role in the insolvency proceedings of Germany's Galeria Kaufhof-Karstadt department stores and drug store chain Schlecker.
Persons: Leonhard Foeger, Rene Benko, Arndt Geiwitz, Fitch, Benko, Signa, Geiwitz, Germany's Galeria, Alexandra Schwarz, Tom Sims, Matthias Williams, Kirsti Knolle, Bernadette Baum Organizations: Signa, REUTERS, Rights, Chrysler, titans, Germany's, European Central Bank, Thomson Locations: Vienna, Austria, FRANKFURT, Germany, Austrian, Benko
Learn moreLooking for the latest on how to watch the Brazil F1 live stream for free? Where to Watch a free Brazil F1 live streamThis weekend's simplest option for a free F1 live stream is using a VPN to tune into one of the free European streams mentioned above. How to watch the Brazil F1 live stream with a VPNSign up for a VPN if you don't have one. Turn it on and set it to a country with a free live stream. How to watch an F1 live stream in the USESPN carries coverage of Formula 1 racing throughout the season, and there's plenty of it left to enjoy.
Persons: we've, Verstappen, Leclerc, Aston Martins, Alonso, Aston, We've, ExpressVPN Organizations: Aston, BBC, RTL, AWST, US ESPN, ESPN Locations: Brazil, Austria, Belgium, Luxembourg, TV's
“It’s unbelievable that 80 years after Nazi times, we go back to such times and have antisemitic acts here, in the center of Europe,” Engelmayer told CNN. “That’s not the life we want.”Swastikas were sprayed on the walls outside the Vienna cemetery. Georg Hochmuth/APA/AFP/Getty Images‘The scale is completely different’The spike in antisemitic attacks in Europe has been wide-reaching. In London, the first week after Hamas’ attacks saw a 1,353% rise in antisemitic incidents, the Metropolitan Police reported. Not to go to places which are considered Jewish, like a synagogue.”But alongside the fear, the rise in antisemitic incidents has been met with defiance.
Persons: Austria CNN —, Rabbi Jaron Engelmayer, ” Engelmayer, Oskar Deutsch, ” Deutsch, , “ That’s, Georg Hochmuth, Gérald Darmanin, Robert Habeck, Menachem Margolin, , Rabbi Engelmayer, Karl Nehammer, Tal Yeshurun, Yeshurun, ” Yeshurun, there’s, Annegret Hilse, “ We’re Organizations: Austria CNN, CNN, Wednesday, Nazi, Jewish, AFP, Getty, Metropolitan Police, European Jewish Association, Locations: Vienna, Austria, tatters, Europe, Israel, London, Germany, France, United States, Dublin, Ireland, Berlin,
I like to look at it as ambitious, but we want to be the world’s team," Donovan said. 2 in “revenue generated from the international markets,” Donovan said. The Chiefs have played two other regular-season international games, winning in Mexico City in 2019 and in London four years earlier. The late Lamar Hunt was an early proponent of going international. As for becoming the world's team, Donovan acknowledges it won't be easy.
Persons: — Patrick Mahomes, , Mahomes, Travis Kelce, Taylor Swift, Mark Donovan, it’s, Donovan, , ” Donovan, Tom Brady, “ It’s, Lamar Hunt, Clark Hunt, ___ Organizations: NFL, Kansas City Chiefs, Chiefs, Miami Dolphins, Deutsche Bank, ” Chiefs, Mexico, Chiefs Kingdom, Tampa Bay Buccaneers, . Kansas City, New England Patriots, Indianapolis Colts, Frankfurt, Los Angeles Rams, Olympic, Media Locations: FRANKFURT, Germany, Frankfurt, Austria, Switzerland, Mexico, Spain, Brazil, Mexico City, London, Kansas, U.S, Munich, . Kansas, Japan, West Berlin
REUTERS/Juan Medina/File Photo Acquire Licensing RightsDUBLIN, Nov 3 (Reuters) - Irish Prime Minister Leo Varadkar on Friday described Israel's actions in Gaza as "something approaching revenge", in some of the strongest criticism of Israel by a leader of a European Union member state. Gaza health authorities say at least 9,061 people have been killed in Gaza since Israel launched its assault on the enclave of 2.3 million people in retaliation for deadly attacks by Hamas militants on southern Israel. And I don't think that's how Israel will guarantee future freedom and future security," he said. Asked by a journalist whether Israel's actions were war crimes, Varadkar said "that's not for me to determine." The Gaza war has highlighted foreign policy divisions within the EU.
Persons: Leo Varadkar, Juan Medina, Israel, Varadkar, that's, Conor Humphries, Christina Fincher Organizations: Ireland's, REUTERS, Rights, Irish, European Union, RTE, United Nations, Thomson Locations: Granada, Spain, Gaza, Israel, South Korea, France, Netherlands, Portugal, Belgium, Ireland, Germany, Czech Republic, Austria, Western
They travelled with European Sleeper, a Dutch-Belgian startup whose launch in May is part of a renaissance of night train travel. CHALLENGESYears of decline in Europe's night train network coincided with the rise of low-cost airlines. Supporters of night trains are pushing for more state help to compete against budget airlines, such as a value-added tax exemption on cross-border routes and lower track access charges. At night, trains compete with freight traffic and construction works, and during the busy morning hours they vie for arrival slots at stations with commuter services. Sarah and Sonia's train, European Sleeper's ES453 service, pulled in at 7.57 a.m., one hour and nine minutes late.
Persons: Bart Biesemans, Sarah, Sonia, Chris Engelsman, Engelsman, Alberto Mazzola, Sonia didn't, Victoria Klesty, Matthias Williams, Mark Potter Organizations: REUTERS, Rights, Berlin Central Station, Reuters Graphics, Reuters, OBB, Siemens Mobility, European Union, Thomson Locations: Berlin, Brussels, Belgium, Dutch, Belgian, Europe, Paris, Zurich, Norwegian, Oslo, Copenhagen, Prague, Amsterdam, Barcelona, France
Zalando packaging from an online delivery is seen discarded in a cardboard box in Galway, Ireland, August 27, 2020. Zalando now expects 2023 revenue to fall between 0.5% and 3%, having previously guided to a 1% decline at worst. An unusually warm September weighed on sales of autumn and winter clothes, Zalando said, exacerbating the impact of weak consumer sentiment. Gross merchandise volume - a measure of sales on the platform by Zalando and partner brands - fell by 2.4% from a year ago. The company's market value has dropped over the past two years as shoppers, freed from pandemic restrictions, returned to stores and ordered fewer clothes online.
Persons: Clodagh, Zalando, Clément Génelot, Bryan Garnier, Zalando's, Génelot, Gross, Helen Reid, Christian Schmollinger, Sonali Paul Organizations: REUTERS, Thomson Locations: Galway, Ireland, Paris, Germany, Austria, Switzerland
Israel said Hamas killed 1,400 people, mostly civilians, and took more than 200 hostages. The Gaza health ministry says at least 8,796 Palestinians in the narrow coastal enclave, including 3,648 children, have been killed by Israeli strikes since Oct. 7. TWO HAMAS COMMANDERS KILLED, SAYS ISRAELIsrael said its strikes on Tuesday and Wednesday killed two Hamas military leaders in Jabalia, Gaza's biggest refugee camp. U.N. human rights officials said strikes on the camp could be a war crime. [1/5]Palestinians search for casualties a day after Israeli strikes on houses in Jabalia refugee camp in the northern Gaza Strip, November 1, 2023.
Persons: Jordan, Gazans, Israel, ISRAEL Israel, Mohammed Al, Masri, Fathi Abu, Hassan, Ashraf Al, Antony Blinken, Benjamin Netanyahu, Blinken, Wednesday Jordan, Joe Biden, Nidal al, Emily Rose, Cynthia Osterman, Stephen Coates, Grant McCool, Robert Birsel Organizations: Friday, Hamas, Palestinian, Gaza's Hamas, Human Rights, REUTERS, Hospitals, Indonesian Hospital, FOR, Wednesday, U.S . House, Democratic, White, Israel, Reuters, Thomson Locations: Israel, Gaza, Friday GAZA, JERUSALEM, Egypt, Australia, Austria, Bulgaria, Czech Republic, Finland, Indonesia, Italy, Japan, Jordan, United Kingdom, United States, Quds, Gaza City, Jabalia, Gaza's, U.S, Tel Aviv, Qatar, Ukraine
Lufthansa reported third-quarter adjusted earnings before interest and tax (EBIT) of 1.47 billion euros ($1.56 billion), up 31% year-on-year and slightly above average expectations for 1.43 billion in an analyst consensus published on the company's website. Lufthansa said bookings for the fourth quarter were up by double-digit percentages year-on-year. Costs were 0.9% lower than the same quarter last year despite rising inflation, while net profits were at 1.2 billion euros. Next year, Lufthansa expects the amount of seating capacity available to fliers to increase further to around 95% of pre-pandemic levels. Capacity will increase to 91% of pre-pandemic levels in the fourth quarter, they said.
Persons: Carsten Spohr, Bernstein, Alex Irving, Maria Sheahan, Joanna Plucinska, Kirsti Knolle Organizations: Lufthansa, Thomson Locations: BERLIN
But while gas shortages are unlikely in Europe this winter, the price of the fuel remains a worry. According to S&P Global, about one-fifth of global LNG supply travels through the channel on Iran’s south coast. In a less jittery market, neither incident may have had the effect it did, helping boost European gas prices by more than 40% over the course of a single week. High gas prices have presented a persistent economic headwind for Europe's biggest economy due to its reliance on energy-intensive industries. Together, these milestones should push European gas prices down to €30 ($32) per megawatt hour by the end of next year, Weatherburn added.
Persons: Asia —, Soeren, , Jack Sharples, Heikki Saukkomaa, Simone Tagliapietra, Bill Weatherburn, Stefan Sauer, Weatherburn, Organizations: London CNN, European Union, International Energy Agency, EU, Getty, , Oxford Institute of Energy Studies, CNN, Hamas, P, Chevron, Egyptian, Steam, , Capital Economics, Qatar, Energy Locations: Russia, Moscow, Ukraine, Europe, North America, Asia, Norway, Hungary, Austria, Azerbaijan, Algeria, Germany, Israel, Gaza, Hormuz, Jordan, Egypt, Cairo, Estonia, Australia, AFP, , ” Europe, France, Italy, Lubmin, Pomerania, United States, Qatar
Opinion: The shocking resurgence of antisemitism
  + stars: | 2023-11-01 | by ( Opinion Frida Ghitis | ) edition.cnn.com   time to read: +10 min
She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. Frida Ghitis CNNA few of the rioters carried Palestinian flags, underscoring the obvious link between the attack and the war between Israel and Hamas. In terrifying scenes, the rampaging crowd, some shouting “Allahu akbar,” surrounded passengers, pressuring them to prove they were not Jewish. Universities have become hotbeds of antisemitism, with Jewish students fearing for their safety. (Police have since arrested a Cornell student after he allegedly threatened to kill Jewish students.)
Persons: Frida Ghitis, “ Allahu akbar, , , Christopher Wray, Michael Koplow, , Simon Sebag Montefiore, Stalin, Hitler, “ I’m, Olaf Scholz, Biden, Israel, that’s, It’s, Vladimir Putin, Rabbi Alexander Boroa, — “ Hitler Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, Hamas, Makhachkala Uytash, United Nations General Assembly, Universities, Cornell University, Ivy League, Police, Cornell, The Cooper Union, Israel, Republican, Boston Marathon, Federation of Jewish Locations: Dagestan, Russian, Tel Aviv, Israel, Gaza, Egypt, Makhachkala, Russian Republic of Dagestan, Palestine, New York, menacingly, Austria, South Africa, Nicaragua, Germany, Venezuela, Milan, Hamburg, Berlin, Australia, Argentina, Russia, China, United States, Caucusus, Moscow, Ukraine, Washington
STOCKHOLM (Reuters) - Half of the world's countries are suffering democratic decline, ranging from flawed elections to curtailed rights including freedoms of expression and assembly, an intergovernmental watchdog group said on Thursday. "In short, democracy is still in trouble, stagnant at best, and declining in many places," IDEA Secretary-General Kevin Casas-Zamora said in the report. IDEA bases its Global State of Democracy Indices on more than 100 variables and is using four main categories - Representation, Rights, Rule of Law and Participation - to categorise performance. It also said Azerbaijan, Belarus, Russia and Turkey had drifted away from the rest of Europe, performing well below the European average across most indicators of democracy. However, the think-tank said there were some green shoots, with surprisingly high rates of political participation and decreasing levels of corruption, especially in Africa.
Persons: Kevin Casas, Zamora, Johan Ahlander, Mark Heinrich Organizations: Institute for Democracy, Electoral, IDEA, Global State, Democracy, Law Locations: STOCKHOLM, Stockholm, Ukraine, Europe, Austria, Hungary, Luxembourg, Netherlands, Poland, Portugal, United Kingdom, Azerbaijan, Belarus, Russia, Turkey, Americas, El Salvador, Guatemala, Africa
Lonely Planet’s top places to go in 2024
  + stars: | 2023-10-31 | by ( Maureen Ohare | Maureen O'Hare | ) edition.cnn.com   time to read: +6 min
CNN —Get your wishlist fired up, Lonely Planet just revealed its 50 top travel destinations for the year ahead. The travel publishing empire turns 50 this year, and its bumper Best in Travel 2024 list is expanded across five categories: top countries, regions, cities, sustainable travel destinations and best-value locations. The “wild beauty” of South Africa also gets a nod, with Lonely Planet recommending visitors check out the country’s “impressive crop of ecolodges” committed to protecting Earth’s biodiversity. The underrated American Midwest is the top tip here: in cities such as Chicago, Milwaukee and Detroit, “you’ll find old warehouses transformed into art studios, new eco design hotels and many Michelin-starred restaurants,” says Lonely Planet. Says Lonely Planet, “Here you’ll find the highest sea cliffs in Europe and miles of unspoilt coastal hiking trails.”Lonely Planet’s Best in Travel 2024India: A big country with a whole lot to love, including Gadisar lake in Rajasthan.
Persons: CNN —, Lucia, Torres del, ecolodges ”, Babanango, , , you’ll, Ilan Shacham, Ireland País Vasco, Português, daniel Organizations: CNN, Lonely, Lonely Planet, Kenyan, Michelin, Getty, Mongolia India Morocco Chile Benin Mexico Uzbekistan Pakistan Croatia St, Regions, CNN Cities Nairobia, Chile Greenland, Lithuania Eco, France Egypt Ikaria, Greece Algeria Southern Lakes, Central Otago , New Zealand Locations: Mongolia, Mexico, Croatia, St, Benin, Uzbekistan, City, Nairobi, Paris, Prague, Czech, , Patagonia, Torres del Paine, Spain, Valencia, Barcelona, South Africa, South, KwaZulu Natal, Chicago, Milwaukee, Detroit, Algeria, Northern Africa, Europe, Balkans, Slovenia, Bosnia, Hercegovina, Montenegro, Albania, North Macedonia, Kosovo, Serbia, Adriatic, Donegal, Ireland’s, India, Rajasthan, Mongolia India Morocco Chile Benin Mexico Uzbekistan Pakistan Croatia, Lucia Macedonia, South Australia Donegal, Ireland, Spain Southern Thailand Swahili, Tanzania Montana, USA, Austria, Kenya Paris, France Montreal, Canada Mostar, Herzegovina Philadelphia , Pennsylvania Manaus, Brazil Jakarta, Indonesia Prague, Czech Republic Izmir, Turkey Kansas City , Missouri, Spain Patagonia, Argentina, Chile, Chile Greenland Wales, Santiago Palau Hokkaido, Japan Ecuador Baltic, Estonia, Latvia, Lithuania, South Africa Poland, USA Poland Nicaragua Danube Limes, Bulgaria Normandy, France Egypt, Greece Algeria Southern, Central Otago , New
(Photo by Kirill KUDRYAVTSEV / AFP) (Photo by KIRILL KUDRYAVTSEV/AFP via Getty Images)Inflation across the euro zone dropped to a two-year low of 2.9% in October, according to preliminary data released Tuesday, down from 4.3% the previous month and below a consensus estimate of 3.1% from a Reuters poll of economists. The agency also revealed Tuesday that the euro zone economy contracted by 0.1% in the third quarter, according to flash estimates, below consensus estimates for GDP to be unchanged from the previous quarter. The ECB expects the euro zone economy to grow by just 0.7% this year, by 1% in 2024 and 1.5% in 2025. The euro zone has been grappling with high inflation for the past 18 months, with the consumer price index peaking at 10.6% in October 2022. The ECB needs to see wage inflation slowing and this could take a further six months," he added.
Persons: Kirill KUDRYAVTSEV, KIRILL KUDRYAVTSEV, Mathieu Savary, Mark Wall Organizations: Getty, European Union, Eurostat, ECB, European Central Bank, Council, BCA Research, Deutsche Bank Research Locations: Frankfurt, Germany, AFP, Europe's, Latvia, Belgium, Spain, Ireland, Austria, Israel, European
[1/5] Spain's Princess Leonor arrives to swear an oath to the constitution at the parliament in Madrid, Spain, October 31, 2023. Those surveyed then gave Felipe VI an average score of 4.34 out of ten. Juan Carlos also did not attend Tuesday's ceremony. Juan Carlos has declined to comment on the various allegations of wrongdoing. Opponents of the monarchy see Juan Carlos' coronation in 1975 as illegitimate, saying he had been groomed to succeed dictator Francisco Franco.
Persons: Leonor, Susana Vera, Princess Leonor, King Felipe VI, Unidas Podemos, Sinaptica, Felipe VI, Juan Carlos I, Juan Carlos, Francisco Franco, David Latona, Andrei Khalip, Andrew Heavens Organizations: REUTERS, Rights, for Sociological Studies, Thomson Locations: Madrid, Spain, Rights MADRID, Wales, Catalonia, Basque, Galicia, Saudi Arabia, Abu Dhabi
Euro zone Q3 GDP growth weaker than expected
  + stars: | 2023-10-31 | by ( ) www.reuters.com   time to read: +1 min
BRUSSELS, Oct 31 (Reuters) - Euro zone economic growth was weaker than expected in the third quarter, a flash estimate showed on Tuesday, with gross domestic product contracting slightly quarter-on-quarter and the year-on-year growth rate slowing sharply. The European Union's statistics office Eurostat said GDP in the 20 countries sharing the euro fell 0.1% quarter-on-quarter in the July-September period for a 0.1% year-on-year rise. Economists polled by Reuters had expected a 0.0% quarterly growth and a 0.2% year-on-year gain. Eurostat data showed 0.1% quarterly growth in France, 0.3% in Spain and 0.5% in Belgium, but that failed to offset a 0.1% quarterly slump in Germany, no growth in Italy, and contractions in Austria, Portugal, Ireland, Estonia and Lithuania. The euro zone economy is facing strong headwinds from high inflation and record high interest rates and slowly tightening fiscal policy.
Persons: Jan Strupczewski Organizations: Reuters, Eurostat, Thomson Locations: BRUSSELS, France, Spain, Belgium, Germany, Italy, Austria, Portugal, Ireland, Estonia, Lithuania
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