- Hawaii’s Big Island faces flash flooding risk as Hurricane Nolo intensifies
- Italy introduces law banning face coverings in schools and requiring Italian for parents
- Trump hosts Xi Jinping at state dinner amidst rising US-China tensions
- EU urges UK to increase tariffs on Chinese cars amid trade tensions.
- Russia expands naval fleet as crackdown on stateless vessels intensifies
- Pope Leo XIV visits France for first papal trip in 18 years amid key debates
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- Trump to speak at event featuring top officials and tech executives
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.
Bitcoin soared to an all-time high, briefly surpassing $106,000, fueled by optimism over Donald Trump’s pro-cryptocurrency stance ahead of his return to the White House. The cryptocurrency has gained more than 50% since Trump’s election victory on November 5.
Dinosaur bones listed on the stock exchange: “Investing in fossils pays like gold” New York…
UK’s economy shrinks unexpectedly by 0.1% in October Britain’s economy shrank by 0.1% in October,…
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