- Three men found guilty of murdering Australian brothers and US friend in Mexico
- Second crossing discussion returns in Central Okanagan amid B.C. election campaign
- Three killed in Houthi strike on Saudi Arabia’s King Khalid Airport
- Waterspout causes extensive damage in Sicily, overturning cars and damaging school
- Latvian Border Guard seeks powers amid migrant crossings from Belarus
- Israeli drone attack injures six in Lebanon near Syrian border
- Another whale from Marineland dies at Shedd Aquarium in Chicago
- Judge rules against DOJ’s state voter roll review policy, citing legality issues
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.
The Financial Times reports the prime minister has pledged to take the heath system “back to democratic control” with support from the Conservatives.
Donald Trump threatens 200% tariff on alcohol from EU if they don’t immediately remove the whiskey tariff in the latest escalation in the trade war.
EU and Canada announce retaliatory tariffs after Donald Trump moved forward with plans to widen US tariffs on Steel and aluminium.
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