- Hungary lifts Ukraine veto, revitalising EU accession negotiations
- Quebec Liberal Party presents itself as the only federalist choice ahead of election
- Treasury Department to use Iranian assets for US Gulf ally recovery efforts
- Naked tourist detained by police after attempting to fight in Ibiza
- Allied troops commemorate 82nd anniversary of D-Day landings in France
- Community in London, Ont., commemorates five years since attack on Muslim family
- Graham Platner faces fresh controversy ahead of Maine Senate primary
- Israeli soldiers kill Palestinian baby in occupied West Bank shooting
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.
Crispin Odey, a prominent hedge fund manager, being banned from financial roles in the City of London and receiving a substantial fine from the Financial Conduct Authority (FCA) due to “lack of integrity.
The front page highlights growing concerns about the UK economy, with warnings of a potential recession due to a “hiring slump.”
“Around the world, allies fear that America First means they come second, third or even last.”
The revised economic outlook This week’s Economist says Donald Trump’s economic delusions are already hurting…
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