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Which parts of the Eurozone are being hardest hit by record inflation?

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Which parts of the Eurozone are being hardest hit by record inflation?

Inflation within the eurozone is anticipated to have reached a document excessive of seven.5% in April, however not all international locations utilizing the only forex are being hit the identical. 

That is in keeping with preliminary figures from Eurostat and would symbolize a really small uptick from the earlier month’s 7.4% studying. 

Estonia is projected to have the very best inflation among the many 19 international locations utilizing the euro, with costs seen 19% greater than in April 2021. That is up from March when the Estonian annual inflation reached 14.8%.

Estonia’s fellow Baltic counties — Lithuania and Latvia — comply with go well with with two digits readings. That is largely as a result of the three small states are closely reliant on international imports to satisfy their power wants making them significantly susceptible to international value volatility. 

Vitality is anticipated to have the very best annual inflation charge in April at 38.0% — in contrast with 44.4% in March — adopted by meals, alcohol & tobacco for which inflation is seen at 6.4% when it was at 5% in March. Inflation charges for non-industrial meals in addition to providers are in the meantime projected to be greater in April than they have been in March. 

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The international locations with the bottom inflation are forecast to be Finland (5.6%), France (5.4%), and Malta (4.9%).

Within the case of Finland and France, it’s attributed to a extra diversified power combine, whereas Malta, which depends on foreign-imported fuel, has an ongoing multi-year provide cope with Azerbaijan which has helped preserve costs steady.

The euro space and the broader European Union are removed from the one areas experiencing sharp value hikes with document inflation additionally noticed over the last few months within the UK and US.

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Crypto hacking thefts double to $1.4 bln in first half, researchers say

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Crypto hacking thefts double to $1.4 bln in first half, researchers say
The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier, driven by a small number of large attacks and rising crypto prices, blockchain researchers TRM Labs said on Friday.
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Australian leader urges control of territory's soaring crocodile population after fatal attack of 12-year-old

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Australian leader urges control of territory's soaring crocodile population after fatal attack of 12-year-old
  • Crocodile numbers must be controlled after a fatal attack on a 12-year-old girl, according to the leader of Australia’s Northern Territory.
  • The crocodile population in Northern Australia has soared from 3,000 to 100,000 under protection since the 1970s.
  • The recent death near Palumpa has spurred focus on crocodile management.

Crocodile numbers in Australia’s Northern Territory must be either maintained or reduced and cannot be allowed to outstrip the human population, the territory’s leader said after a 12-year-old girl was killed while swimming.

The crocodile population has exploded across Australia’s tropical north since it became a protected species under Australian law in the 1970s, growing from 3,000 when hunting was outlawed to 100,000 now. The Northern Territory has just over 250,000 people.

The girl’s death came weeks after the territory approved a 10-year plan for management of crocodiles, which permits the targeted culling of the reptiles at popular swimming spots but stopped short of a return to mass culls. Crocodiles are considered a risk in most of the Northern Territory’s waterways, but crocodile tourism and farming are major economic drivers.

AUSTRALIAN GIRL, 12, KILLED BY CROCODILE WHILE SWIMMING IN CREEK

“We can’t have the crocodile population outnumber the human population in the Northern Territory,” Chief Minister Eva Lawler told reporters Thursday, according to Australian Broadcasting Corporation. “We do need to keep our crocodile numbers under control.”

The remains of a 12-year-old girl were discovered in the Northern Territory of Australia on Thursday after a crocodile attack. (AP Newsroom/Getty Images)

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In this week’s deadly attack, the girl vanished while swimming in a creek near the Indigenous community of Palumpa, southwest of the territory’s capital, Darwin. After an intense search, her remains were found in the river system where she disappeared with injuries confirming a crocodile attack.

The Northern Territory recorded the deaths of 15 people in crocodile attacks between 2005 and 2014, with two more in 2018. Because saltwater crocodiles can live up to 70 years and grow throughout their lives — reaching up to 23 feet in length — the proportion of large crocodiles is also rising.

Lawler, who said the death was “heartbreaking,” told reporters that $337,000 had been allocated in the Northern Territory budget for crocodile management in the coming year.

The region’s opposition leader, Lia Finocchiaro, told reporters that more investment was needed, according to NT News.

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The girl’s death “sends a message that the Territory is unsafe and on top of law and order and crime issues, what we don’t need is more bad headlines,” she said.

Professor Grahame Webb, a prominent Australian crocodile scientist, told the AuBC that more community education was needed and the government should fund Indigenous ranger groups and research into crocodile movements.

“If we don’t know what the crocodiles are likely to do, we’re still going to have the same problem,” he said. “Culling is not going to solve the problem.”

Efforts were continuing to trap the crocodile that attacked the girl, police said on Thursday. Saltwater crocodiles are territorial and the one responsible is likely to remain in nearby waterways.

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Mount Stromboli erupts off Sicilian coast

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Mount Stromboli erupts off Sicilian coast

Volcanic activity has intensified in Italy as Mount Stromboli belched ash and lava off the coast of Sicily.

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A second volcano has erupted in Italy this week – as Mount Stromboli belched ash and lava just off the northern coast of Sicily. 

Local media report that the Italian fire department has enhanced its monitoring of the volcano as it becomes more active.

The coast guard has stepped up its activity too deploying more patrol boats and aircraft. 

The Volcanic Ash Advisory Centre (VAAC) based in Toulouse, France warned of an ash plume that rose up to an estimated altitude of 2000m.   

Lava flowed from the volcano into the sea along the Sciara del Fuaco, a depression on the island which serves as a major tourist attraction for the island.

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Stromboli is one of the most active volcanoes in the world – renowned for its regular, but normally minor, eruptions that send lava oozing from vents inside its crater. 

It has been active for thousands of years. With an area of 12.6 square kilometres, the island represents the upper third of the volcano. 

The minor eruptions which are often visible from the island and surrounding sea have given rise to its nickname of the “Lighthouse of the Mediterranean.”  

Yesterday, Mount Etna erupted with a spectacular display of lava and ash. Lava flowed from the 3,300 metre high mountain. 

The eruption caused Italy’s Civil Protection agency to raise the alert level in the area from green to yellow. 

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The two volcanoes are barely 180km away from each other.

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