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Italy’s Eni to try to repeat huge offshore Mozambique discovery

Italy’s Eni to try to repeat huge offshore Mozambique discovery

Business
Oct. 17 (UPI) -- Rome-based Eni, which earlier this decade led the discovery of an estimated 85 trillion cubic feet of natural gas in Mozambique, on Wednesday signed an accord in Maputo that will allow it to begin exploration work in a previously unexplored area in the country's deep waters. The contract involves rights for exclusive exploration and development of the offshore block A5-A which are deep waters of the Zambezi basin. In bidding, Eni was named as operator and awarded a 59.5 percent stake, South Africa's Sasol received a 25.5 percent and the Mozambique government held onto the rest, Eni said Wednesday. It is a "completely unexplored zone" with water depth ranging from 984 feet to nearly 6,000 feet, Eni said. The Mozambique National Petroleum Institute added that Energy ministr...
Indonesia earthquake: Huge surge in death toll

Indonesia earthquake: Huge surge in death toll

World
Media playback is unsupported on your device At least 832 people were killed in the devastating earthquake and tsunami that hit the Indonesian island of Sulawesi, the national disaster agency says.It added that the affected area was bigger than initially thought.Many people were reported trapped in the rubble of buildings that collapsed in Friday's 7.5-magnitude earthquake, agency spokesman Sutopo Purwo Nugroho told a news conference.The quake triggered tsunami waves as high as 6m (20ft), he added.Rescuers have been digging by hand in the frantic search for survivors in the city of Palu."What we now desperately need is heavy machinery to clear the rubble. I have my staff on the ground, but it's impossible just to rely on their strength alone t...
GGG vs Canelo 2 TV guide: How to watch tonight’s huge middleweight fight from Vegas

GGG vs Canelo 2 TV guide: How to watch tonight’s huge middleweight fight from Vegas

Sports
SECONDS OUT The most eagerly awaited fight of the year is finally upon us, as the two best middleweights in the world clash again It’s finally time for Gennady Golovkin and Saul Alvarez to settle their differences in the ring once and for all. Almost a year to the day since they last went toe-to-toe in Las Vegas, the biggest stars of the middleweight division will battle it out once again over 12 gruelling rounds. The duo were supposed to meet in Las Vegas on May 5 When is the fight? The long-awaited rematch will once again be held at the T-Mobile Arena in Las Vegas. It’s expected that the main event will start around 4am UK time.  Last September GGG felt he had done enough to secure victory over Canelo but the judges ruled t...
Germany's huge trade surpluses are a burden on its EU partners

Germany's huge trade surpluses are a burden on its EU partners

Finance
While few European states can pretend to share Germany's distinction of being a "country of poets and thinkers," none can rival German abilities to extract so much wealth from the rest of the European Union. Last year, Germany posted a 159.3 billion euro surplus on its goods trade with other countries in the EU — one of the world's largest free-trade areas and a region with privileged access to German goods and services. That's the way it's been since 1958, when Europe's common market opened up. Germany's enormous EU bounty consistently accounts...
'I never thought I'd be alive to pay back my huge debt'

'I never thought I'd be alive to pay back my huge debt'

Health
Chris Lynch, 41, was a hard-drinking student when his debts began to build up and his life started to spiral out of control.At one point he was was £35,000 in debt - and that's when anxiety and depression took hold. "I didn't think I'd be alive long enough to pay if off. I could easily have ended up homeless or ending my life," he says.The charity Mental Health UK says Chris's experience is not unusual - up to four million people could be at risk of poor mental health brought on by money problems.In its recent survey of 2,000 people, many reported feeling stressed, anxious, isolated and depressed by financial worries and one in six admitted to having suicidal thoughts because of them.While just under a third of people did n...