During the war between Israel and Hezbollah, Crusader castle parts collapsed, an 18th-century minaret fell, and church mosaics were destroyed by Israeli airstrikes in Lebanon and Syria. With a ceasefire in place, archaeologists are assessing damage to UNESCO World Heritage Sites in the region. Efforts are underway to evaluate the impact on these priceless antiquities.
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Italy’s Monte dei Paschi says ECB has approved Mediobanca takeover
Monte dei Paschi di Siena announced that the European Central Bank approved its €13.3bn takeover of Mediobanca, despite initial expectations for shareholder hurdles due to cross shareholdings. Mediobanca, which rejected the offer as contrary to its interests, has postponed a shareholder meeting for a competing acquisition, while MPS plans to report to the ECB on its control of Mediobanca if investor backing falls below 50%. Explain It To Me Like I'm 5: Monte dei Paschi...
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