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Will climate change hit Mediterranean tourism?
Will climate change hit Mediterranean tourism?
by  AFP

Destructive fires, temperatures topping 40 degrees Celsius (104 degrees Fahrenheit) and tourists dodging possible catastrophe by staying home. Even in Greece it is not certain that the fires will dissuade tourists from coming.

Kuwait records first fiscal surplus in nearly a decade: ministry
Kuwait records first fiscal surplus in nearly a decade: ministry
by  AFP

Kuwait recorded its first surplus in nine years for the 2022-2023 fiscal year which ended in March, the finance ministry said on Wednesday, crediting last year's surge in oil prices. More than 92 percent of revenues came from oil after prices surged following last year's Russian invasion of Ukraine.

Santander posts record profit despite special tax
Santander posts record profit despite special tax
by  AFP

Spanish lender Banco Santander reported Wednesday a record profit for the first half of the year despite a windfall tax imposed on banks, as rising interest rates lifted its earnings. Banco Santander is the latest European banking giant to get a lift from central bank rate hikes aimed at taming high inflation.

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