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Italian savers bank on post office to survive next crisis

Italians worried about the stability of their banks have found a new place to put their money: the state-controlled post office. "Nobody knows where your money is safe today," says Leonardo Galli, a 58-year-old accountant who has resolved to move all his savings out of his bank to a current...

Iraq seizes 19 villages on 1st day of Mosul offensive

Iraqi forces and Kurdish troops have taken 19 villages on the first day of a major offensive to recapture the northern city of Mosul from Daesh militants.  The Iraqi army and Kurdish Peshmerga forces launched a much-awaited operation late Sunday to retake Mosul – the last Daesh...

Manchester City make record revenue

(The Daily Star)- English Premier League leaders Manchester City Tuesday announced record turnover of $480 million and its Abu Dhabi owners said the club has reached a "turning point". City, who were hit by UEFA sanctions over their finances in 2014, announced a 20 million pound ($24.5...

Iraqi forces pause Mosul advance after a day of fighting

Iraqi and Kurdish commanders said Tuesday they have paused their advance on Mosul a day after the start of a massive operation to retake the Islamic State-held city, which is expected to take weeks, if not months. The front lines to the east of Mosul were largely quiet, a day after Iraqi...

Peshmerga forces using US drones in Mosul offensive

Kurdish Peshmerga forces are using U.S.-made drones during an ongoing offensive to recapture Iraq’s northern city of Mosul from Daesh terrorists.  The Iraqi army and Kurdish Peshmerga forces launched a much-awaited offensive late Sunday to retake Mosul – the last Daesh stronghold in...

Family of south Lebanon boat accident victims drop lawsuit

(The Daily Star)- The family of a mother and her daughter, who died when the Sidon tour boat they were in capsized last month, dropped their lawsuit against the managers of the boat, a source told The Daily Star Tuesday. The source said that contacts with the Yassin family had managed to...

Ryanair warns drop in pound will hit full-year profit

Ryanair said a further drop in the value of sterling has forced it to cut its forecast for full-year profit by 5 percent, adding that average fares could fall more sharply this winter. Europe's largest low-cost airline, which depends on Britain for around a third of its revenue, said an 18...

Turkey’s operation in Syria close to achieve goals

The Free Syrian Army (FSA) has seized more than 1,200 square kilometers from Daesh terrorist group in northern Syria as part of Turkey’s Euphrates Shield Operation.  Within the context of the offensive, Daesh militants have been removed from nine towns and villages in northern Syria,...

Inmates beheaded in Brazil prison riots

Rioting inmates beheaded their rivals and bodies were burned in an explosion of violence in two Brazilian jails that left at least 18 people dead on Monday, authorities said. Prisoners also took women visitors hostage, a regional official told Brazilian television. It was the latest...

Yemen president agrees to 72-hour truce

Yemeni President Abedrabbo Mansour Hadi has agreed to a 72-hour ceasefire that could be extended, the war-torn country's foreign minister said Monday, a day after international calls for a truce. "The President agreed to a 72 hrs ceasefire to be extended if the other party adheres to it",...

Ankara bans public gatherings in terror alert

The Turkish capital Ankara on Monday banned all public gatherings and demonstrations until the end of November after receiving information about potential terror attacks, the governor's office said. The Ankara governorate said in a statement that all such meetings had been prohibited until...