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WATCH: New artwork floating in Venice canals

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New artwork has been added to the city’s canal collection

 

The floating city of Venice now has a new claim to fame, with a giant floating fresco sailing through the canals.

The work of a French-Swiss graffiti artist is a close-up of two people’s hands holding each other.

The artist says his work is part of a global project, designed to promote “Finding common solutions” to the problems humanity faces.

Floating through the Venetian canals, he adds this is symbolic of the fragile times we are living through given “Venice is a city that floats on water” at the mercy of climate change.

Image provided by REUTERS news

The city is gradually sinking

In 2019, Venice experienced the second-worst flood in history with fears of the increasing impact of climate change.

Venice’s layout, built on log piles among cannels, makes the city vunrable to climate change. Especially as the rising sea levels are leading to the gradual inundating of the 1,600-year-old city.

According to a recent study published by the European Geosciences Union, Venice’s worst-case scenario for the rise in sea level by the end of the century is 120 centimetres.

Savannah Pocock contributed to this article.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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