Iceland declares state of emergency after 800 earthquakes in 14 hours jolt island nation

Iceland declares state of emergency after 800 earthquakes in 14 hours jolt island nation

Iceland on Friday declared a ‘state of emergency’ after a series of small and medium intensity earthquakes jolted the southwest Reykjanes peninsula in the country. In an official statement, the authorities of Iceland warned that the seismic activity may also result in volcanic eruptions in the country. The Department of Civil Protection and Emergency Management … Read more

Europe can avoid a recession, EU’s Gentiloni says

Europe can avoid a recession, EU’s Gentiloni says

Russia’s full-scale invasion of Ukraine sparked serious fears in Europe that the region would enter a significant economic slowdown. The euro area, in the end, grew at a rate of 3.5% in 2022, according to the International Monetary Fund. “The slowing down started from the last quarter of 2022 and it is there, but please … Read more