XM does not provide services to residents of the United States of America.

Italy's Emilia-Romagna region hit by new devastating floods



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Italy's Emilia-Romagna region hit by new devastating floods</title></head><body>

ROME, Sept 19 (Reuters) -A storm system that has wreaked havoc across central Europe brought devastating floods to the northern Italian region of Emilia-Romagna on Thursday, forcing people to leave their homes and the closure of schools.

About 1,000 people have been evacuated, acting regional president Irene Priolo told RAI public radio, saying however this was a much lower figure compared to major floods that plagued the region last year.

In Lugo, a town of about 30,000 people west of Ravenna, authorities ordered the evacuation of all ground floor residences after the local Senio river broke its banks.

A low-pressure system named Boris has caused the worst flooding in at least two decades from Romania to Poland over the past week, and killed at least 23 people.

The heavy rains swept into the Emilia-Romagna on Wednesday, forcing authorities to close schools and suspend some rail services.

The rains were inundating the same area that was hit by two rounds of floods in May 2023, which killed 17 people and caused 8.5 billion euros ($9.5 billion) of damage, according to regional authorities.

"We are in a full emergency ... the event is very similar to what we had last May," the Mayor of Ravenna, Michele De Pascale, told Radio 24 broadcaster.

De Pascale said "devastating rains" fell on the hilly parts of Emilia-Romagna on Wednesday, with the water then washing down and overwhelming cities in lowland areas.

The national fire department said it carried out more than 500 rescue operations in the region, including with the use of helicopters to lift people from flooded homes.

($1 = 0.8973 euros)



Reporting by Alvise Armellini, editing by Crispian Balmer and Sharon Singleton

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.