Europe
| Use attributes for filter ! | |
| Area | 1018 |
|---|---|
| Population | 741. 4 |
| Did you know | Europe is the third-most-populous continent (738,849,000) in the world. |
| Date of Reg. | |
| Date of Upd. | |
| ID | 405644 |
About Europe
Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west and the Mediterranean Sea to the south. It comprises the westernmost part of Eurasia.
Geert Wilders' victory in Netherlands election spooks Europe
...By Katya AdlerEurope editorThe unexpectedly meaty win for controversial, hard-right politician Geert Wilders in Wednesday s general election in the Netherlands set international headlines on fire...
Toys: Parents to buy late and give early this Christmas
... However, this still outstripped performance in the sector in major European countries...
Going undercover to reveal people smugglers' sales tactics
... 5m Pakistani rupees ($9000; £7,500), a young man can arrive in Europe " safe and sound" in approximately three weeks, he says, by crossing the border into Iran on foot and then travelling by road via Turkey to Italy...
Ukraine war: Western allies say they are running out of ammunition
... " If it s not the time - when there is a war in Europe - to spend 2% on defence, then when is? " he asked...
John Curtice: Lib Dems are losing votes to Labour
... He said they had lost ground to Labour among voters who would like to rejoin the European Union...
Eurozone interest rates raised to all-time high
...By Michael RaceBusiness reporter, BBC NewsEurozone interest rates have been hiked to a record high by the European Central Bank (ECB)...
Birmingham City Council 'effectively bankrupt'
... The local authority - the largest in Europe - has issued a Section 114 notice preventing all but essential spending to protect core services...
Port Talbot: UK offers Tata Steel £500m to fund green steel switch - report
... " Given the financially constrained position of our UK business, any significant change is only possible with government investment and support, as also seen in other steel making countries in Europe where governments are actively supporting companies in de-carbonisation initiatives...
Stock markets hit again by banking worries
By Simon ReadBusiness reporter, BBC News
Banking shares have fallen sharply again as investors remain nervous following the collapse of Silicon Valley Bank (SVB) in the US last week.
The failure of SVB has raised fears that other banks could also be facing problems.
Shares in Swiss banking giant Credit Suisse hit a New Low after they plunged by 20%.
The Fall came after Credit Suisse 's largest investor said it could not give The Bank any more financial help.
Share indexes across Europe - including the UK's FTSE 100 - were down by about 2. 5% by mid-morning.
The FTSE 100 has fallen 6% in The Past week to reach a three-month low.
" Investors remain nervous about what might be lurking in The Shadows , " said Russ Mould , investment director at Aj Bell .
" It's no wonder that investor sentiment remains cautious towards the big banks given that credit agency Moody's downgraded its outlook on the US banking system to 'negative'. "
Credit Suisse 's shares slumped after it revealed on Tuesday that its auditor, PwC, had identified " material weaknesses" in its Financial Reporting controls.
That prompted major investor the Saudi National Bank to say it would reject calls to inject further funds into The Swiss lender.
The wider problems in the banking sector began last week with the collapse of SVB, the US's 16th-largest Bank .
The Bank - which specialised in lending to technology companies - was shut down by US regulators on Friday in what was the largest failure of a US Bank since 2008.
SVB's UK arm was snapped up for £1 by HSBC.
In The Wake of the SVB collapse, New York-based Signature Bank also went bust, with the US regulators guaranteeing all deposits at both.
But fears have persisted over The Fallout from the collapse and trading in Bank shares has been volatile This Week .
On Monday, trading was temporarily halted in several smaller US banks as shares slumped, although Tuesday saw stock prices rebound.
However, credit ratings giant Moody's has warned of more pain ahead for the US banking system.
On Tuesday, it cut its outlook for the sector to " negative" from stable, warning of " a rapid deterioration in the operating environment".
" The worry is that banks sitting on large unrealised losses in their bond portfolios might not have sufficient buffers if there is a fast withdrawal of deposits, " said Susannah Streeter , head of money and markets at Hargreaves Lansdown .
" Although the biggest players are judged not to be At Risk , thanks to the chunky layer of capital they are sitting on and the stable nature of their deposits, the nervousness is palpable. "
Related TopicsSource of news: bbc.com
