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Polish navy bid to defuse one of WWII's largest bombs near Baltic coast

As reported by AFP, Polish navy divers have launched an unprecedented operation to "neutralise" one of the largest bombs of the Second World War.

The explosive device was discovered last year at the bottom of a shipping channel in Swinoujscie, on the Baltic coast.

The five-tonne bomb — nicknamed "Tallboy" and capable of causing a small earthquake — was dropped by the British Royal Air Force in an attack on a Nazi warship in 1945.

It was only found during dredging of the access road to the port of Szczecin, in north-west Poland.

Around 750 residents were evacuated from their homes on Monday during the high-risk operation, which may last up to five days.

Hundreds of residents were evacuated on Monday as Polish military divers began a delicate operation to defuse a massive World War II bomb in a channel near the Baltic Sea.(Photo: AFP)

A 2.5-kilometre security zone has also been established in the area and all traffic in the port has been suspended during the operation, the Mayor of Świnoujście confirmed in a statement.

But some residents have told AFP they have refused to leave, saying the "main danger" was the risk of catching COVID-19 in a sports hall where residents are being given shelter.

The bomb is 6 metres long and has 2.4 tonnes of explosives - equivalent to around 3.6 tonnes of TNT.

Authorities have ruled out a traditional method for detonation out of concern for local residents and infrastructure.

The deflagration process involves "burning the explosive charge at a temperature below the threshold of detonation", the spokesman said.

All units of the 8th Coast Defence Fleet are involved in the operation, while the main work will be carried out by the Miner Diver Group of the 12th Trałowców Squadron.

Zurich: 14 people injured after truck collides with tram in Switzerland

Fourteen people have been injured after a truck collided with a tram in the Swiss city of Zurich.

The accident happened around 10 am CEST near the Letzigrund soccer stadium in Switzerland’s largest city.

Initial reports suggest the truck driver was reversing out of a construction site and collided with the passing tram, which was travelling to the city centre.

The collision ripped a gash down the side of the tram. The considerable material damage is likely to amount to several hundred thousand francs, police estimated.

Seven men, including an 11-year-old boy, and seven women were wounded onboard the "well-occupied" tram.

Two other people were "moderately injured" and most received mainly cuts and bruises.

A nearby hotel made various rooms available for emergency services to accommodate and treat some of the injured.

Authorities had examined a "leaking liquid" at the accident site but determined that it posed no danger to people or the environment.

The cause of the accident is now being investigated and Zurich police are appealing for witnesses.

The surrounding streets remain closed to all traffic for several hours in the area of the accident site, according to Euro News.

Fourteen people have been injured after a truck collided with a tram in the Swiss city of Zurich (Photo: Yahoo News)

WHO warns against COVID-19 lockdowns due to economic damage

The World Health Organization has warned leaders against relying on COVID-19 lockdowns to tackle outbreaks — after previously saying countries should be careful how quickly they reopen.

WHO envoy Dr. David Nabarro said such restrictive measures should only be treated as a last resort, as reported by Fox News.

“We in the World Health Organization do not advocate lockdowns as the primary means of control of this virus,” Nabarro said.

“The only time we believe a lockdown is justified is to buy you time to reorganize, regroup, rebalance your resources, protect your health workers who are exhausted, but by and large, we’d rather not do it.”

Nabarro said tight restrictions cause significant harm, particularly on the global economy.

He added that lockdowns have severely impacted countries that rely on tourism.

The UN agency previously warned countries against lifting lockdowns too soon during the first wave of the virus.

“The last thing any country needs is to open schools and businesses, only to be forced to close them again because of a resurgence,” said Director-General Tedros Adhanom Ghebreyesus.

But Tedros had urged countries to bolster other measures, including widespread testing and contact tracing, so they could safely reopen and avoid future lockdowns.

(Photo: Getty Images)

Gold price forecast – gold markets gap higher to kick off the week

Gold markets gapped higher to kick off the trading week but have come back a little bit from the highs to show signs of volatility again, FX Empire reported.

Gold markets have gapped higher to kick off the week but have failed to hang on to the gains for the bulk of the session. This is not to say that gold is suddenly going to sell off, but it is obvious that we have a certain amount of supply/resistance near the $1950 level that will need to be dealt with. Because of this, the market is very likely to struggle to go higher with any ease, and as we get closer to the US elections, we will probably continue to see the US dollar get very choppy as well. In other words, I think we are in the midst of trying to form some type of bottom, but this is more of a process instead of a sudden turn around most of the time.

(Photo: FX Street)

To the downside, the $1900 level should offer a certain amount of support, and after the Friday candlestick it is certainly a sign that we could continue to rally given enough time. A break above the highs of the Monday session opens up the move towards the $1950 level, and then by extension possibly the $2000 level. I think breaking above that level will take a significant amount of momentum, and perhaps even some type of news item.

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