Latest News
- Arlington Bridge deconstruction begins, says Winnipeg mayor
- Iran targets US military bases in Gulf amid renewed tit-for-tat strikes
- Tillis will not support Blanche’s nomination without meeting Epstein survivors
- Seven drones reported over Gösgen nuclear power plant in Switzerland
- Hezbollah video linked to Russia’s Storm-1516 disinformation campaign
- Canadian Wildfire Smoke Spreads Across Northeast and Great Lakes Regions
- B.C. officials prepare for increased wildfire risk due to dry lightning
- U.S. dual citizen leaves Iran after over a year of exit ban
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.
A top think tank warns that tax cut promises in elections may need to be reversed due to severe economic challenges.
UK economy off to promising start in 2024 as business activity rises again The UK…
London still number one financial centre in the world despite listings pain London is still…
CITY AM – UK insurers profit from Russian oil UK has insured £102bn worth of…
Britain’s flagship Hinkley Point C nuclear power plant has been pushed back again until 2029 at the earliest, according to the Financial Times.
French farmers have engaged in a standoff with the government to express anger over a perceived lack of respect, rising costs and suffocating EU regulation. Prime Minister Gabriel Attal seeks to calm the protesters while the far-right National Rally hopes to take advantage of their anger, just five months before the European elections.
© 2026 WTX News.