- Ontario NDP calls on Ford and Carney to purchase Stelco amid layoffs
- Bipartisan senators urge Trump to withdraw from Russian diesel deal
- Civil servant accused of fraud for holding multiple full-time jobs
- Researchers search Nikumaroro Island for Amelia Earhart’s plane wreckage
- Ukraine reports no advance warning of Russian missile strikes on Kyiv
- Russia launches renewed offensive in eastern Ukraine amid heavy fighting
- Air France to comply with Israeli restrictions on crew nationalities
- Worker dies following canopy collapse at Fairmont Winnipeg construction site
Business Briefing
In January 2026, annual inflation in the euro area decreased to 1.7%, down from 2.0% in December 2025, a notable shift that hints at easing cost pressures within households. However, beneath the headline figures, a diverse inflation landscape emerges; for instance, Romania and Slovakia reported significantly higher rates at 8.5% and 4.3%, respectively. This disparity signals potential challenges in achieving cohesive monetary stability across the bloc, as elevated inflation in certain member states could affect overall policy effectiveness. As the euro area adapts to these variances, the broader implications for economic cohesion in the region warrant careful observation.
This morning, Eurostat reported that annual inflation in the euro area is anticipated to decline to 1.7% in January 2026, down from 2.0% in December. Key components such as services and food show varied inflation rates compared to last month.
This morning, Eurostat released flash estimates indicating a 0.3% increase in GDP for both the euro area and the EU in Q4 2025. Year-on-year growth stands at 1.3% for the euro area and 1.5% for the EU. Employment rose by 0.2% in the same quarter.
At least one person suffered from a ‘minor oral injury’ from the metal, the US Department of Agriculture (USDA) said.
‘We are already cracking down on those who try to exploit the welfare system in a push to save the taxpayer £1.3bn in the next year.’
THE ECONOMIST SAYS Even as wars rage and the geopolitical climate darkens, the world economy has been an irrepressible source of cheer.
CITY AM SAYS New figures out on Friday are expected to show that the economy contracted in the third quarter, raising the possibility that the UK is already in a recession.
‘People are struggling this year and as these results suggest, some household budgets are becoming severely stretched.’
Rishi Sunak to unveil North Sea annual oil and gas licensing bill FT says New…
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