break up News

Signs are growing that Europe’s economic and monetary union may be fragmenting faster than policymakers can repair it. Euro zone leaders agreed in principle on June 29 to establish a joint banking supervisor for the 17-nation single currency area, based …

Salvage crews raced Monday to pump oil from a stricken ship teetering on a reef off the New Zealand coast, while also preparing for the worst: Authorities believe the vessel will break apart or sink soon. The salvage work resumed …