Author: staff
Wealth in retirement varies dramatically across Europe, shaping living standards well beyond what pension income alone can provide. In some countries, older households hold more than 30 times as much wealth as those in others, highlighting how housing, pensions and family support can shape financial security later in life. So, which countries have the wealthiest over-65s? The European Central Bank’s Household Finance and Consumption Survey (HFCS), published in mid-2023, provides comparative data on the wealth of older people. In the euro area, households aged 65-74 have a median net wealth of €185,300. Among 22 European countries, this ranges from €36,300…
Published on 14/06/2026 – 7:55 GMT+2 The New York Knicks celebrated their first NBA Championship in more than 50 years on Saturday night after they completed a 4-1 series win against the San Antonio Spurs. The Knicks ended their 53-year wait for the title on the back of a 45-point game for guard Jalen Brunson, beating French star Victor Wembanyama’s Spurs 94-90. It was another comeback victory for New York, who dug deep to claw themselves back into the contest after going down double digits. Speaking after the game, Brunson, who scored 15 points in the fourth quarter, said: “I…
Are the major capitals of the world losing their allure? For travellers keen to move away from cookie-cutter itineraries, that may well be the case. According to WorldHotels, a global brand of independent luxury and lifestyle hotels within the BWH Hotels portfolio, underdog destinations and lesser-known capital cities are emerging as compelling alternatives. These locations offer fewer crowds, but richer atmosphere and authentic glimpses into local culture and everyday life. WorldHotels latest report finds that the rise in popularity among standout stays in lesser-known destinations reflects “a growing shift in modern travel”, where “travellers are moving beyond the world’s most…
Denmark’s Den Gamle By (National Open-Air Museum of Urban History and Culture) is celebrating after winning the coveted European Museum of the Year Award. The Aarhus based arts centre collected the title on Saturday night at the EMYA award’s ceremony in Bilbao, Spain. Presenting the prize, EMYA’s co-chair and jury member Daniëlle Kuijten described Den Gamle By as “a pioneering institution that brings together historical and contemporary urban environments to address urgent contemporary questions, including migration, sustainability and social justice.” Den Gamle By is an open-air museum of urban history that was created “by (ordinary) people about (ordinary) people”. The…
Eine neue europäische Gemeinschaftsstudie zeigt: Das Endstadium von Putins Kriegswirtschaft hat begonnen. Der nationale Vermögensfonds ist aufgebraucht, das Haushaltsdefizit für das gesamte Jahr 2026 wurde bereits im ersten Quartal gerissen und die versteckte Staatsverschuldung über das Bankensystem klettert auf bedrohliche 50 Prozent des BIP. Rixa Fürsen bespricht mit dem Ökonomen Moritz Schularick, warum das System des Kremls einer Finanzblase gleicht, die vor dem Platzen steht und warum der Schein der unendlichen russischen Ressourcen trügt. Das Berlin Playbook als Podcast gibt es jeden Morgen ab 5 Uhr. Gordon Repinski und das POLITICO-Team liefern Politik zum Hören – kompakt, international, hintergründig. Für…
In a bonus episode of Westminster Insider, host Sascha O’Sullivan sits down with Jack Blanchard to find out who is the real Andy Burnham. Jack talks through the journey Burnham has made from loyal minister in the new Labour years to the man he is today — and the most pivotal moments that have shaped him as the politician who is now hoping to win the Makerfield by-election and, eventually, the keys to No10 Downing Street.
Ahead of attending the long-awaited G7 summit in Évian, US President Donald Trump has announced a peace deal with Iran could be finalised on Sunday, paving the way for the opening of the Strait of Hormuz. “The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL,” Trump said in a post on his Truth Social platform on Saturday. Donald Trump also says the US will take Iran’s enriched uranium ‘dust’ when ‘all is calm’. Trump’s statement, however, ran counter to Iran’s foreign ministry which indicated earlier in the day…
Carney touted “the possibility of a more durable ceasing of hostilities,” and he described G7 host France’s planned inclusion of the leaders of Egypt, Saudi Arabia, Qatar and the United Arab Emirates in an expanded summit format as “timely.” But Carney emphasized any credible deal would require “a broader cessation of hostilities, including in Lebanon.” Martin — whose government has been sharply critical of Israel, which shut its Irish embassy in protest — concurred, saying it would be “extremely important that Lebanon is included in the peace process. Lebanese sovereignty is absolutely essential.” Lebanon is of particular importance to Ireland,…
U.S. President Donald Trump said Saturday that an agreement with Iran is scheduled to be signed Sunday, potentially marking the culmination of months of negotiations that repeatedly veered between threats of military action and promises of a diplomatic breakthrough. “The Deal is scheduled to get signed tomorrow,” the president wrote on Truth Social, adding that the Strait of Hormuz would be “OPEN TO ALL” immediately following the signing of the deal. Iran has not confirmed a deal has been reached, but Iranian Foreign Minister Abbas Araghchi said Friday that a deal “has never been closer.” Iranian state-run media has at times described…
Published on 13/06/2026 – 15:13 GMT+2 Kyiv and Moscow traded strikes overnight and into Saturday morning, local authorities said, with multiple people injured in southeastern Ukraine and one killed in southern Russia. Oleksandr Hanzha, the head of the Dnipropetrovsk Regional State Administration, said nine people were injured in an attack on Ukraine’s Dnipropetrovsk Oblast. Russia targeted three districts with more than 20 strikes, using drones and aerial bombs, Hanzha said in a post on Telegram. One 40-year-old man was taken to hospital and is in a critical condition, he added. The local governor of Russia’s Krasnodar Krai region, Veniamin Kondratyev,…