Month: August 2022

By The Associated Press The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with the U.S. currency. It’s a psychological barrier in the markets. But psychology is important, and the euro’s slide underlines the foreboding in the 19 European countries using

ATHENS, Greece (AP) — Greece’s environment and energy minister has announced a 1.9 billion-euro ($1.89 billion dollar) subsidy for September to help households and businesses cope with increasing electricity prices. Greece is one of several European countries providing subsidies to help consumers offset soaring energy prices triggered by Russia’s war in Ukraine. September’s amount is

By KAREEM CHEHAYEB Associated Press TRIPOLI, Lebanon (AP) — The Lebanese navy is using a submarine to try and recover about 30 bodies trapped inside a ship that sunk four months ago with about 80 migrants on board off the Lebanese city of Tripoli. Hussein Dinnawi was among a handful of survivors who watched the

ROME (AP) — Pope Francis has imposed an Oct. 1 deadline for all Holy See offices and Vatican-linked institutions to deposit their assets with the Vatican bank. Francis’ decree follows his decision earlier this year to entrust management of all Vatican assets to one office. He took action in a bid to end decades of

By JULHAS ALAM Associated Press DHAKA, Bangladesh (AP) — Schools in Bangladesh will close an additional day each week and government offices and banks will shorten their work days by an hour to reduce electricity usage amid concerns over rising fuel prices and the impact of the Ukraine war. The reduced hours take effect Wednesday.