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US Mortgage rates have climbed back above the 7% threshold, stalling the U.S. housing market at the start of 2025. The average rate for a 30-year fixed mortgage reached 7.04% last week, marking the highest level since May 2024, according
A severe storm named Éowyn has brought extreme weather conditions to the United Kingdom and Ireland, disrupting travel and power supplies across the region. Winds reaching speeds of up to 113 mph (182 km/h) and heavy rainfall have prompted authorities
The European Union has relocated its upcoming informal defence summit from Limont Castle in Liege to the Egmont Palace in Brussels, citing security considerations. The meeting, scheduled for 3 February, marks the first European summit since the inauguration of U.S.
The cost of eggs has surged dramatically, with prices exceeding $9 per dozen in some regions across the USA, leaving consumers and businesses grappling with escalating expenses. The price hikes are largely attributed to the ongoing avian influenza outbreak, which
The European Commission announced an escalation in its investigation into the social media platform X, owned by Elon Musk, to assess potential violations of the European Union’s Digital Services Act (DSA). The probe focuses on X’s content moderation practices and
The European Union has announced an initial humanitarian budget of €1.87 billion for 2025, targeting urgent crises worldwide. The European Commission clarified that the aid will focus on regions such as the Middle East, including Gaza and Syria, as well
Belgium experienced a significant increase in asylum applications in 2024, reaching levels reminiscent of the 2015-2016 refugee crisis. According to the European Union Agency for Asylum (EUAA), Belgium received 4,400 asylum applications in October 2024, marking a record number over
The European Commission has unveiled a comprehensive action plan aimed at enhancing cybersecurity within the healthcare sector across the European Union, an initiative designed to protect hospitals and healthcare providers from escalating cyber threats. This measure seeks to strengthen the
NATO has announced the launch of a new mission, Baltic Sentry, aimed at safeguarding undersea cables in the Baltic Sea region. NATO Secretary-General Mark Rutte detailed the initiative during a briefing on Tuesday, emphasizing the critical role these cables play
Canadian Prime Minister Justin Trudeau has announced his decision to resign as leader of the ruling Liberal Party, while remaining in office as prime minister until a successor is chosen. Trudeau made the announcement at a press conference in Ottawa
