Bulgaria’s PM: If we had the Euro, Inflation and Interest Rates would be Lower right now
The euro is a stable currency, which leads to lower interest rates than the leva
The death toll from flooding in the Philippines caused by Tropical Storm Ketsana climbed to at least 100 on Monday.
Flood water began to subside after a weekend that saw the capital, Manila, hit with its heaviest rainfall in more than 40 years, CNN reported.
More than 80% of the capital was under water at one point Sunday. The deluge swallowed whole houses and buses.
Manila, in the island of Luzon, and the nearby province of Rizal bore the brunt of the storm. People huddled on rooftops Sunday waiting on army helicopters to pluck them to safety. Others used ropes to wade through waist-deep muddy waters.
Power and water supply failed in some areas. Roads were rendered impassable, making rescue efforts challenging.
"Right now the challenge is to find out how many people have actually died and how many people we have to take care of in terms of people who've been displaced", Richard Gordon, the chairman of the Philippines National Red Cross said.
We're really talking about maybe hundreds of thousands of people", with about 280 000 to 300 000 displaced in the island of Luzon alone, he added.
Tropical Storm Ketsana is the culprit for the deadly flooding in the capital Manila and nearby provinces, where a massive rescue operation is underway.
Philippines President, Gloria Arroyo, pleaded for donations and called for calm.
The Philippines chief weather forecaster blamed climate change for the downpours.
Ketsana, with winds of up to 100km/h, is expected to head out over the South China Sea on Sunday and Monday.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
CIA Director William Burns has issued a stark warning, asserting that Ukraine may face defeat in its war against Russia by the end of this year if the United States does not step up its military assistance
EU Commissioner for Home Affairs Ylva Johansson conducted an inspection of border control measures at Sofia Airport, marking a significant step in Bulgaria's accession to the Schengen Area by air
Romania is making strides toward joining the Visa Waiver Program, a significant milestone that would enable its citizens to travel to the United States visa-free for up to 90 days
More than 100 pro-Palestinian demonstrators were arrested Thursday night at Columbia University in New York City
A Russian airstrike on the city of Dnipro in central Ukraine has resulted in the loss of at least eight lives and left 21 individuals wounded
Ukraine's military announced the destruction of a Russian Tu-22 strategic bomber, allegedly involved in nighttime airstrikes targeting Ukrainian cities
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022