Latest News
- European Commission seeks exemptions for EU products from US tariffs
- ICE Halts Most Vehicle Stops Following Fatal Shootings Amid Safety Review
- EU countries extend temporary protection for Ukrainian refugees until March 2028.
- Iran strikes US bases amid escalating tensions following Trump’s threats.
- Spain secures place in World Cup final after defeating France 2-0
- Calgary family grieves seven-year-old girl who drowned in pond
- Houston prosecutor ready to file charges against ICE agents for wrongdoing in fatal shooting
- Virgin Atlantic flight from Heathrow to Florida returns after technical issue
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.
Russia is becoming more dangerous, America is less reliable and Europe remains unprepared. The problem is simply put, but the scale of its solution is hard to comprehend.
The Financial Times has carried out an analysis of OECD data for its lead story, which finds that a global drop in house prices that hit advanced economies has “largely petered out”.
“We don’t think we should be implementing certain tax cuts now, essentially that are paid for by uncertain spending cuts that might never be delivered,” IFS deputy director Carl Emmerson said.
The front page of the London business paper CITY AM reports Britons are ditching business cards, leading to predictions that they will soon die out altogether.
The widespread drop in global house prices that hit advanced economies has largely petered out, according to a front-page lead story.
The FT’s main story reports that a “bumper earnings report” from chipmaker Nvidia has sparked a global stock market rally, with the company’s shares surging 15% in early trading, adding £205bn ($260bn) to its value in the process.
© 2026 WTX News.