Latest news with #EuroNews
Yahoo
5 days ago
- Business
- Yahoo
Why Sociedad Quimica y Minera Stock Popped Today
Europe has put lithium on a list of critical metals deserving government subsidies. Chile's SQM primarily mines lithium. Demand for the metal, useful for making electric car batteries, looks set to rise. 10 stocks we like better than Sociedad Química Y Minera De Chile › Shares of Chilean lithium mining company Sociedad Quimica y Minera (NYSE: SQM) -- simply "SQM" to its friends -- jumped 4.9% through 12:10 p.m. ET this afternoon on positive news out of Europe. As Euro News reports, the European Union has prepared a list of 34 raw materials critical to its member countries' economies and deserving of government support. Lithium is on this list, alongside metals such as cobalt and magnesium and various rare earth elements -- all essential components of electric car batteries and electric motors. A 2024 law calls upon the E.U. to locally mine 10% of its annual needs for each of these critical metals, process 40%, and recycle 25%, all by 2030. That doesn't sound like great news for SQM, which of course mines its lithium in Chile for export abroad (including to the E.U.). But as Euro News points out, it's far from certain that Europe will be able to hit its target by the deadline, especially as regards the mining component. Processing and recycling might prove easier, especially if Europe is able to get its lithium mined abroad -- in Chile, for example. And so today's news actually might be a good catalyst for SQM, indicating growing demand in Europe for its primary product. That doesn't necessarily mean you should rush out and buy SQM stock, however. Valued at $8.8 billion in market capitalization, SQM is a profitable company, having earned more than $600 million over the past year. That works out to a seemingly attractive 15 P/E ratio. Free cash flow at the company, however, is much weaker than reported earnings -- only $364 million, resulting in a more expensive price-to-free cash flow ratio of 24. Before you buy stock in Sociedad Química Y Minera De Chile, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Sociedad Química Y Minera De Chile wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Sociedad Quimica y Minera Stock Popped Today was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Daily Mirror
7 days ago
- Daily Mirror
Beautiful Greek island just 4 hours away from Mykonos with barely any tourists
Looking for the perfect holiday destination for this summer? Find out more about Chios, a Greek island with beautiful beaches, hot weather, lots of history and it's crowded-free. Greece is not short of stunning architecture, jaw-dropping coastlines and cuisine tasty enough to make anyone's mouth water. Welcoming millions of visitors annually, Greece is a very popular European destination because of its picturesque beaches, unique islands, historic sites and delicious food. For that same reason, the streets tend to be packed with tourists, especially during summer with hotspots like Santorini and Mykonos regularly under the spotlight due to the sheer amount of people arriving every year. But, there is one place that's still very much a hidden gem. Located in the northern Aegean Sea, Chios is the fifth-largest Greek Island and the 10th largest island in the Mediterranean Sea. The island, while more remote, is known for its exports of mastic gum earning it the famous nickname of 'the Mastic Island'. The uniqueness of Chios is also brought by a rare mastic tree, which is only grown in a few places in the world. Despite its mastic draw, it has an array of beautiful beaches and medieval villages drawn together by labyrinth-like pathways. Tourists can either get on a flight direct from the UK or, anyone holidaying in the mainland can fly directly to it from Athens. Alternatively, you could take a ferry from Piraeus port in Athens. Ferry connections between Chios and other Eastern Aegean islands are available as well. EuroNews reports Chios is one of the European islands that has avoided mass tourism. It has been successfully done by 'focusing instead on small, family-run pensions, converted stone houses, and preserving its cultural heritage.' Some of its crowded-free villages include Pyrgi and Mesta, which have been barely reconstructed while maintaining the natural beauty of their crystal-clear waters and white sands. These tiny villages also have unique architectures from their history back to the Neolithic Age. In terms of activities, Chios is the ideal place for history lovers. During your stay, you can learn about Greece's medieval past by visiting the Nea Moni Monastery, a UNESCO World Site. For those who are more adventurous, there are also hiking and scuba diving activities around the island. The cuisine in Chios is also excellent, with a variety of dishes for all taste buds. Some of their most popular ones include Avgokalamara (egg and calamari dish), Herisia Makaronia (Chios-style macaroni), Malathropitakia (cheese pastries), Kopaniste (local cheese), as well as seafood, with its main star being Vokaria (prawn pasta). Other islands that are less crowded, in comparison to Greece's most famous and visited areas include Euboea, Lesvos, Limnos, Samos and Ikaria. If you're looking for a hidden gem that's yet to be discovered, Chios is the perfect place to go before the crowds start to appear!
Daily Maverick
22-05-2025
- Politics
- Daily Maverick
World outrage grows as Israel continues to weaponise aid to Gaza
As some dissenting voices in Israel have started speaking out, the very recent change of heart from some of Israel's staunchest international supporters has moved beyond the pearl-clutching and handwringing lip service. The tide of international public opinion turning against Israel's reportedly indiscriminate 19-month slaughter and starvation of Gaza's population of more than two million – trapped inside the world's largest open-air prison of 41km by 6km to 12km – has swelled into a tsunami as Israel's strongest allies collectively turn on its government. Israel has imposed a siege on Gaza for decades but a complete two-month blockade of aid convoys with rotting food on Gaza's borders, the UN issuing dire warnings of mass starvation and the growing illegal settlements and settler violence against Palestinians in the Israeli-occupied West Bank, appear to have forced their hand. Following pressure from Israel's strongest ally, the US, which provides the Jewish state with nearly $4-billion in aid annually as well as several other military packages worth billions, Tel Aviv allowed a small amount of aid into Gaza at the beginning of the week. The UN, however, has warned that 14,000 babies are at risk of dying in the next few days if significant aid isn't let in. Before Hamas's attack on southern Israel in October 2023 up to 500 trucks of aid were entering the besieged territory daily. On Monday, the UK, France and Canada threatened concrete action and targeted sanctions against Israel if it didn't stop its renewed military offensive and continued to block significant aid from entering Gaza. 'We will not stand by' while the government of Benjamin Netanyahu pursues those actions, British Prime Minister Keir Starmer, French President Emmanuel Macron and Canadian Prime Minister Mark Carney said in a joint statement. The statement also reiterated support for a ceasefire and a 'two-state solution', whereby a Palestinian state would exist alongside Israel, reported Euro News. French Foreign Minister Jean-Noël Barrot said 'immediate and massive aid was needed' in Gaza. On Monday, during an interview with France's Inter Radio, Barrot said Israel's partial lifting of the blockade on Monday was 'totally insufficient'. Following the threats, Israel's far-right finance minister, Bezalel Smotrich, lashed out at the leaders of France, the UK and Canada, calling them antiSemites and hypocrites and accused them of 'morally aligning themselves with a terrorist organisation'. Israeli Prime Minister Netanyahu remained defiant and stated that Israel would not bow to any international pressure and that its military campaign to control all of Gaza would continue. The UK then followed up with its threats and suspended new trade talks with Israel and imposed sanctions on several settlers and settler organisations that have been involved in violence against Palestinians in the West Bank and the destruction of their homes and livestock, which has led to the displacement of dozens of communities, comprising thousands of people. Simultaneously the European Union (EU) decided to review its trade agreement with Israel in light of its blockade preventing humanitarian aid getting into Gaza. Dutch diplomats led the charge following a huge demonstration over the weekend outside The Hague, where the International Court of Justice is investigating charges of alleged genocide by Israel. A joint donor statement by the European Commission on Tuesday said: 'Israel's security cabinet had reportedly approved a new model for delivering aid into Gaza, which the UN and our humanitarian partners cannot support.' At the beginning of the week Israel allowed about five trucks of aid to enter, a number that was ridiculed by Amnesty International as insignificant. The human rights group said 'it was outrageous and morally reprehensible that it took the world nearly 80 days of starvation in Gaza to exert enough pressure on Israel to let some aid in'. And still, 'letting in a handful of aid trucks – a drop in the ocean, while simultaneously intensifying military operations is a cynical attempt to sugarcoat Israel's ongoing genocide,' Amnesty said. The European Commission statement clarified that they would not 'participate in any arrangement that does not fully respect humanitarian principles'. 'Humanitarian principles matter for every conflict around the world and should be applied consistently in every warzone.' The UN raised concerns that the proposed Israeli model cannot deliver aid effectively, at the speed and scale required. 'It places beneficiaries and aid workers at risk, undermines the role and independence of the UN and our trusted partners, and links humanitarian aid to political and military objectives. Humanitarian aid should never be politicised, and Palestinian territory must not be reduced nor subjected to any demographic change,' the commission said. Critics of Israel's proposed new aid policy to Gaza argued that its delivery mechanism was a 'political farce and a military tool' since it would force Gazans, including the elderly, sick, injured and those missing limbs to make the journey to the south of Gaza where they would be screened by the Israel Defense Forces (IDF) as to who could and could not receive aid. They also stated that forcing Gazans south was part of Israel's plan to ethnically cleanse Gaza and drive out as many Palestinians as possible, as outlined in an Israeli Intelligence Ministry plan issued shortly after the Hamas attack and investigated by Israeli journalists. Israel has argued that Hamas diverts much of the aid, a claim rejected by the UN, with further reports that aid convoys, escorted by Hamas personnel to ensure protection from looters, had come under repeated attacks from the IDF. In early May, in another incident, a humanitarian flotilla trying to deliver aid to Gaza was attacked by a suspected Israeli drone off the coast of Malta, following Israeli military flights over the area. While Israel has repeatedly denied that it limits aid to Gaza, some officers in the Israeli military have concluded that Gaza could face widespread starvation if the delivery of food aid was not restored in the coming weeks, The New York Times reported, citing three Israeli defence officials familiar with conditions in the strip. Former Israeli defence minister Moshe Ya'alon also accused his country's military of carrying out war crimes in Gaza. Another former deputy chief of staff of the Israeli army, and head of the Israel Democratic Party, Yair Golan, admitted to committing war crimes in Gaza: 'A sane country does not kill infants as a hobby. Israel is on its way to becoming a pariah like South Africa in the past. 'These things are simply appalling,' he continued. 'It cannot be that we, the Jewish people – who have suffered persecution, pogroms and genocide throughout our history, and who have served as a moral compass for Jewish and human values – are now taking actions that are simply unconscionable,' the right-wing Jerusalem Post quoted him as saying. As some dissenting voices in Israel have started speaking out, the very recent change of heart from some of Israel's staunchest international supporters has moved beyond the pearl-clutching and handwringing lip service. Despite suspending some arms export licences, mouthing calls for ceasefires and other humanitarian platitudes at various UN meetings, Britain's support of Israel hitherto had been largely unquestioning while it continued to send arms to Israel and provide military intelligence flights over Gaza. However, the UK parliament has been in an uproar recently over humanitarian developments in Gaza and Israel's renewed military attacks, with even some former strong supporters of Israel from the Conservative Party slamming Israel's behaviour and vowing to recognise a Palestinian state. Israel is slowly losing the narrative despite spending millions on its Hasbara, or propaganda campaign, with online social media posts and comments critical of Israel censored and monitored by Meta, which controls Facebook and Instagram, according to Human Rights Watch. Israeli campaigns to influence social and political opinion have also been exposed. While international disfavour against Israel continues, Hugh Lovatt, a senior policy fellow with the Middle East and North Africa Programme at the European Council on Foreign Relations, warns that Israel has become the Middle East's new destabiliser-in-chief. 'From Gaza to Syria, its expanding military interventions and annexation of foreign territory are undermining Western-friendly governments, and threatening core European interests,' he said. He further argued that while EU members hesitated to confront Israel directly they did possess significant leverage to challenge Israeli behaviour. 'Even without the unanimous consent needed to suspend the European Union's association agreement with Israel, a qualified majority of member states could nevertheless suspend key trade provisions and freeze Israel's participation in flagship EU projects such as Horizon Europe,' Lovatt said. 'The EU has taken similar action on 26 separate occasions in the past, in response to human rights breaches by other countries. Israel deserves no exception.'
Indian Express
15-05-2025
- Politics
- Indian Express
Putin skips Ukraine peace talks in Istanbul. So who will represent Russia?
In a final confirmation on Wednesday night, the Kremlin said that Russian President Vladimir Putin is not attending the peace talks with Ukraine, scheduled for Thursday in Turkey's Istanbul, despite calls from his Ukrainian counterpart Volodymyr Zelenskyy to attend the direct talks, BBC reported. After much deliberations about who would attend the talks in Istanbul, the Kremlin late on Wednesday night confirmed that the Russian delegation will be headed by presidential aide Vladimir Medinsky. It would have been the first direct talks between the leaders of Ukraine and Russia. Earlier, the Ukrainian President Zelenskyy had said he would surely attend the meeting in Turkey and would meet Putin face-to-face if the Russian president agrees, adding that he would ensure direct talks with Putin if arrives in Istanbul. Today we held several meetings with the team regarding the format in Türkiye. I am waiting to see who will come from Russia, and then I will decide which steps Ukraine should take. So far, the signals from them in the media are unconvincing. We also hear that President Trump is… — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) May 14, 2025 Zelenskyy would be in Turkey's capital Ankara on Thursday where he is poised to meet Turkish President Recep Tayyip Erdogan. Putin and Zelenskyy have not met each other since December 2019, and direct talks between Russia and Ukraine haven't taken place since March 2022, a month after Moscow's full-scale invasion of Kyiv. According to a Euro News report, Russia would also be represented by Deputy Foreign Minister Mikhail Galuzin, Deputy Defence Minister Alexander Fomin, and Russia's military intelligence agency (GRU) chief Igor Kostyukov. Reports also confirmed that Russian Foreign Minister Sergei Lavrov won't attend the meeting in Istanbul. It was Putin who had initially called for a direct talk with Ukraine in Istanbul 'without any pre-condition' and Zelenskyy had announced he would attend the meeting in-person, and expected the Russian leader to travel as well. In a social media post, Zelenskyy wrote 'There is no point in prolonging the killings. And I will be waiting for Putin in Türkiye on Thursday. Personally.' US President Donald Trump had also floated an idea of attending the meeting in Istanbul as he is on a four-day trip to Gulf countries, including Saudi Arabia, UAE and Qatar. Though no confirmation had come from Trump administration whether the president would attend the meeting or not.
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First Post
05-05-2025
- Politics
- First Post
Is Emmanuel Macron trying to pick the next Pope?
Right-wing newspapers in Italy have accused French President Emmanuel Macron of shady behind-the- scene dealings ahead of the conclave starting on May 7 to pick the successor to Pope Francis. This comes after Macron had a number of meetings with top Church officials read more The Italian right-wing press have called Emmanuel Macron's actions the 'interventionism of the modern Sun King' – a reference to Louis XIV. AP Is Emmanuel Macron trying to pick the next pope? Right-wing newspapers in Italy have accused the French president of shady behind the scene dealings ahead of the conclave to pick the next Bishop of Rome. But what happened? What do we know? Is Macron really trying to influence the papal election? Let's take a closer look: What do we know? As per Euro News, Macron has had a number of meetings with top clergy of the Church on the sidelines of Pope Francis' funeral. They singled out two meetings in particular – Macron met Archbishop of Marseille Jean-Marc Aveline, Bishop of Ajaccio François Bustillo, Apostolic Nuncio to the US Christophe Pierre and Archbishop Emeritus of Lyon Philippe Barbarin at the French embassy on April 26. STORY CONTINUES BELOW THIS AD While all the men are Cardinals, Aveline and Bustillo are in contention to be the next pope. The press have called Macron's actions the 'interventionism of the modern Sun King' – a reference to Louis XIV. Cardinals stand during the funeral of Pope Francis in St. Peter's Square at the Vatican. AP 'It's not enough for him to lecture Europe. Macron even wants to choose the pope," a headline in La Verita cried. 'Macron even crashes the conclave,' the newspaper Libero added. As per Le Monde, the newspapers have close ties to Prime Minister Georgia Meloni's Italian government. Macron also met Andrea Riccardi, founder of the Community of Sant'Egidio – a powerful Church group – at a high-profile restaurant in Rome. As per the organisation is known for its relationship with the former pope and Macron. Its progressive positions on issues like immigration has aroused the ire of critics. 'Macron seeks to understand process' Riccardi, however, has scoffed at the claims. He told Italian newspaper Il Foglio any notion of a conspiracy was 'idiocy'. Riccardi and Macron had 'fettuccine, not escargot,' he added. 'Emmanuel Macron seeks to understand the process, not to influence it,' a source from Sant'Egidio told the outlet. The Il Foglio newspaper itself, a liberal daily, also mocked the claims as a 'big plot' dreamed up by nationalist elements within Italy's ruling government. STORY CONTINUES BELOW THIS AD Euro News further pointed out that it is extremely unlikely either Aveline and Bustillo could be the next pontiff. Aveline isn't fluent enough in Italian, while Bustillo is considered too young. Also, the last French pope was in the 14th Century – Pope Gregory XI, who passed away in 1378. The stories about Macron allegedly trying to influence the choice of the next pope comes amid a history of tensions between him and Meloni. As per Express News, their very first meeting in October 2022 after Meloni's victory saw a tense handshake and visible awkwardness. The two leaders have repeatedly clashed on a number of issues over the years including abortion and immigration. Meanwhile, US President Donald Trump is being slammed for posting an artificial intelligence-generated image of himself dressed as pope. The image, shared Friday night on Trump's Truth Social site and later reposted by the White House on its official X account, raised eyebrows on social media and at the Vatican, which is still in the period of nine days of official mourning following Francis' death on April 21. STORY CONTINUES BELOW THIS AD Catholic cardinals have been celebrating daily Masses in his memory and are due to open the conclave to elect his successor on Wednesday. This comes after Trump joked last week about his interest in the vacancy. 'I'd like to be pope. That would be my number one choice,' the thrice married president, who is not Catholic, told reporters. With inputs from agencies
