- CIA Director Ratcliffe warns Russia against NATO attacks during Moscow visit
- Massive flash floods devastate northern Nepal and Tibet leaving over 1,300 missing
- Ben Shapiro’s new film continues Hollywood’s long tradition of anti-Muslim stereotypes
- Calgary seeks bids for feasibility study on new stadium project
- CIA Director John Ratcliffe warns Russia against NATO attacks during visit to Moscow
- Bodies of missing persons found in Jeju Island amid police investigation
- Spain arrests fugitive escape master wanted by Italian authorities
- Tim Curry, star of The Rocky Horror Picture Show, dies at 80
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.
Early in Asian trading, oil prices experienced a decline following Iran’s retaliatory strike on Israel during the weekend. Despite this, Brent crude, a crucial global oil price benchmark, remained lower but hovered around $90 per barrel on Monday morning.
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New statistics from the ONS show the UK economy grew slightly in February, boosting hopes the country is on its way out of recession. The economy grew by 0.1% official figures show, boosted by production and manufacturing in areas such as the car industry,
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