EU state’s shock windfall tax sends bank shares plummeting

Italy has unexpectedly approved a 40% levy on lenders’ “excess” profits this year The Italian government’s announcement of a one-off windfall tax on bank profits saw the country’s financial stocks tumble on Tuesday, wiping out some €10 billion ($11 billion) from their combined market value.

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WATCH Ukrainian missile strikes Russian city

A dashcam has captured the exact moment a Ukrainian projectile hit the city of Taganrog Dashcam footage of the Ukrainian strike on the Russian port city of Taganrog, located in southwestern Rostov Region, has surfaced online. The city’s center was hit by a repurposed anti-aircraft S-200 missile earlier on Friday, injuring over a dozen civilians…

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Poll reveals how Turks feel about Russia

Almost three quarters of the people surveyed have said they have a positive view of the country Turkish people overwhelmingly see Russia in a positive light and want their nation to have a good relationship with the country, a recent poll has indicated.

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