EU Falling Behind on Growth; Urgent Reforms Needed
EU falling behind on growth, warns Mario Draghi. Only 11.2% of reforms enacted, with high energy prices and AI gaps widening the EU’s lag behind the US and China.
UK State Pension to Rise 4.7% in April 2026
The UK state pension is expected to rise by 4.7% in April 2026 under the triple lock mechanism, driven by wage growth. Full new state pension may increase to over £241 per week.
UK Summons Russian Ambassador Over NATO Airspace Violations
UK summons Russian ambassador over NATO airspace violations after drones breach Polish and Romanian airspace.
Russian Drones Over Poland Raise Civil Aviation Risk
Russian drones violating Polish airspace raise civil aviation risk after airport shutdowns, rerouted flights, and heightened NATO alerts. Airlines and insurers brace for operational and security fallout.
TotalEnergies Predicts Sustained Negative Brent-Dubai Spread
TotalEnergies predicts sustained negative Brent-Dubai spread, driven by strong demand for sour crude in Asia, expanding U.S. exports, and rising Latin American supply.
Defensive Stocks Power FTSE 100 Slightly Higher
Defensive stocks power FTSE 100 slightly higher as gains in mining and defence offset weakness in utilities and broader caution over UK fiscal risks.
GPS jamming incident shakes EU security
GPS jamming incident shakes EU security after interference with von der Leyen’s flight. Russia suspected as NATO and EU intensify countermeasures and aviation protections.
Canada Lifts 25% Tariff on Select U.S. Goods to Ease Trade Tensions
Canada lifts 25% tariff on select U.S. goods including orange juice, appliances, and motorcycles—aimed at easing trade tensions and lowering inflation.
Trump Ukraine Talks Boost Markets Amid Global Tensions
Trump Ukraine talks boost markets ahead of summit as defense stocks fall and oil steadies amid fragile ceasefire hopes.
Geopolitical calm boosts markets ahead of Fed speech
Geopolitical calm boosts markets ahead of the Fed speech, driving equities higher as investors await Powell’s Jackson Hole remarks. U.S. dollar steadies, global sentiment lifts.
