Author: staff
Published on 10/09/2026 – 11:07 GMT+2•Updated 11:34 Portuguese economist Ricardo Reis is reported to have been removed from the race for the post of chief economist at the International Monetary Fund (IMF) after criticising Donald Trump’s tariffs. According to the Financial Times, which cites three anonymous sources, Ricardo Reis had been lined up for the role, but the IMF is said to have backed away after learning of the economist’s views on US trade policy. Ricardo Reis, a professor at the London School of Economics, had warned that the tariffs could push up prices in the United States and trigger…
A large sinkhole has opened outside a Malibu beachfront mansion reportedly owned by Oscar-winning US actor Nicolas Cage. The hole emerged early on Tuesday morning, swallowing up part of the house’s driveway and triggering a gas leak. Gas supplies were temporarily cut along a 26-metre section of the street because of concerns about coastal erosion. Authorities also barred entry to five homes in the luxurious neighbourhood. The private street lies between the Pacific Ocean and the Pacific Coast Highway. No-one was reportedly hurt. The incident followed heavy rain and powerful waves along the Southern California coast over the holiday weekend.…
As the European Parliament plenary prepares to discuss the EU Democracy Shield — an initiative designed to protect democratic processes and institutions across the bloc — misleading claims about it have emerged online, alleging it will be used to “cancel” results unwelcome in Brussels, potentially even subverting France’s 2027 presidential election. While the claims are clearly false, as the EU has no mandate to change election results, the fake claims, which began circulating in 2025, recently resurfaced at the hands of Florian Philippot, president of the French nationalist Patriots party. Talking about some of the EU Democracy Shield’s provisions, he…
By Kamuran Samar & Euronews Turkish Published on 10/09/2026 – 9:53 GMT+2 Turkish police arrested a British tourist in the southern resort of Alanya for allegedly spitting on the Turkish flag, media reports said Wednesday. The 58-year-old tourist argued with staff in a hotel then allegedly turned and spat on a flag hanging in the lobby, DHA and IHA news agencies reported, without specifying when it happened. Staff reported the man to police, who detained him and took him to the Alanya courthouse where he was formally arrested on charges of insulting or degrading a symbol of the Turkish state. He was remanded…
Yields on long-term US Treasury bonds surged on Wednesday after the government announced a $6 billion (€5.2bn) bond buyback, disappointing investors who had expected a larger intervention. The yield on the benchmark 10-year Treasury note rose above 4.85%, its highest level in nearly three years, before easing slightly. The yield on the 30-year bond stood at 5.29%, up from 5.26% a day earlier. It reached 5.33% in August, its highest level since 2007. Treasury yields influence interest rates across the US economy, meaning sustained increases can make mortgages, business loans and other forms of borrowing more expensive. Higher borrowing costs…
Your idea of the best airport in the world might look very different to mine. Maybe you think the best part about travelling abroad is the duty-free shopping? Maybe you care more about how far away you are from the city centre? Or maybe you judge an airport on the number of destinations it serves directly? Thankfully for us, Consumer Choice Center has compiled a new edition of the World Consumer Airport Index that takes all of the above, and more, into account, to reveal the very best airports around the globe. Split into two rankings – one for those…
Published on 10/09/2026 – 10:21 GMT+2 They’ve made it so. A total of 934 fans gathered at London’s Science Museum on Star Trek Day to mark the seminal show’s 60th anniversary. They were there not only to celebrate the anniversary but to attempt to set a new Guinness World Record for the largest simultaneous Vulcan salute. For the heathens amongst you, the Vulcan salute is the gesture made famous by Leonard Nimoy’s character Spock. It involves raising your hand, palm forward, with the middle and ring fingers parted, forming a “V” shape. It first appeared in the 1967 episode of…
Having spent the summer trying to ease the cost of living, is a new tourist tax about to hit domestic holiday makers in the pocket? The government is giving mayors additional powers to introduce a levy on hotel stays, with no cap on how much they can charge. With the tourism industry already angry, Sam Coates and Anne McElvoy examine the move and why the timing maybe a little uncomfortable for the government. Elsewhere, Sky News has uncovered more turmoil in Reform-run local councils. With the Metropolitan Police also widening their investigation into allegations of illegal foreign donations, how much…
Alicia García-Herrero, an economist at the Bruegel think tank, says new EU legislation to limit the subsidies foreign companies investing in Europe can receive is “fair”, despite facing criticism. The European Parliament is proposing to close the EU market to Chinese investment in sectors where Beijing is dominant, going further than the European Commission’s proposal. García-Herrero warns that if the Chinese government wants to compete through subsidies, European companies “won’t have a chance” against Chinese firms. A few months ago, the European Commission unveiled a proposal allowing EU public authorities to favour European companies in public procurement for key public…
Published on 10/09/2026 – 9:28 GMT+2•Updated 10:09 A passenger ferry caught on fire overnight on Thursday off the western Philippines, killing at least five and leaving dozens of people missing. The blaze broke out on the M/V June Aster Wednesday evening about 2.2 km offshore, the Philippine Coast Guard said. The ferry had sailed from the capital Manila and was near its destination of Coron in Palawan province when the blaze broke out on Wednesday night. More than 40 people have been rescued, Coast Guard spokeswoman Commodore Noemie Cayabyab said, despite challenging weather conditions. Five casualties had been brought ashore.…