Author: staff

Published on 15/09/2026 – 9:57 GMT+2 The Canadian government is making its case to global investors, and it is arguing that trust is now the scarcest commodity on offer. Prime Minister Mark Carney has framed this week’s Canada Investment Summit as a chance to sell chief executives and investors on a country rich in minerals and energy that is actively trying to reduce its reliance on the US. The guest list is substantial. Finance Minister François-Philippe Champagne said those attending control more than C$120 trillion (€74.7tn) in global capital. Representatives of Bank of America and Berkshire Hathaway are due at…

As the TUC Congress continues in Brighton, some of Labour’s big beasts have been baring their teeth – with Angela Rayner using an after-dinner speech to land some blows on Defence Secretary Wes Streeting. Sam Coates and Anne McElvoy reveal what was said and whether it was all taken in good fun. Meanwhile, the economic picture looks bleak as John Healey prepares for his first budget. Sam has a scoop on how one economic forecast could make or break his spending plans. And Reform remains “100% confident” that two of the biggest donations in British political history were legal. But…

Published on 15/09/2026 – 8:44 GMT+2•Updated 9:23 NATO stands “vigilant, committed, and ready,” Lithuania’s foreign minister said Tuesday, after an allied fighter jet destroyed a drone that crossed into the country’s airspace from Belarus — the latest in a string of aerial incursions testing the alliance’s eastern border with Russia. Kestutis Budrys credited the interception to the strength of collective defence, thanking the allies whose air presence, he said, protects Baltic skies and reinforces regional security. But the message lands beyond Vilnius: as Russia’s war on Ukraine grinds on, the alliance’s eastern members are increasingly treating airspace violations — deliberate…

Published on 15/09/2026 – 8:56 GMT+2 A report by the US Defence Department’s inspector general has confirmed that the war with Iran has caused shortages of ammunition and advanced weapons in the US military. Between the start of the war on 28 February and 30 June, “Operation Epic Fury” cost an estimated $33.4 billion (€29 billion). Of that, $22.3 billion was spent on munitions alone. The report to Congress said the scale of weapons used during the conflict had resulted in “strategic inventory shortfalls” and exposed bottlenecks in the US defence industry’s ability to replenish supplies. Experts have estimated it…

Doing nothing with your savings has a price, and new figures put a number on it. Revolut published its European Wealth Drain Index last week, combining a survey of 20,007 adults across 20 member states with official deposit and inflation data, and the picture it paints is of a continent whose households are quietly getting poorer while sitting on their money. In 12 of the 20 markets included in the study, average one-year deposit rates fail to keep pace with inflation. Across the sample, deposits pay an average of 2.76% against inflation of 2.94%, meaning even savers who lock their…

From a 19th-century mini château to a former US embassy turned ultra luxury property, the Michelin Guide has just named the five best new hotels in the world. Of the candidates for the “Opening of the Year” award, which will be revealed on 18 September, three can be found in Europe. Only in its second edition, the inaugural winner in 2025 was the The Burman Hotel in Tallinn, a 17-key property in the Estonian capital’s UNESCO-listed Old Town. The Michelin Guide began awarding “keys” – the equivalent of Michelin stars – to hotels in 2024. The best new hotels around…

Published on 15/09/2026 – 8:00 GMT+2•Updated 8:24 On today’s show: Jorge Liboreiro previews Ursula von der Leyen’s State of the Union speech tomorrow, why it’s being billed as the most consequential of her mandate, and what’s at stake with elections looming across the bloc next year. Interviews with Roxana Mînzatu, European Commission Vice-President, and Brando Benifei, Member of the European Parliament (Socialists & Democrats, Italy). Sasha Vakulina breaks downDonald Trump’s claim that Ukraine and Russia have agreed to stop striking each other’s energy infrastructure, as fuel prices spike worldwide. Aadel Haleem reports from Doha, Qatar, on a series of attacks…

Serbia’s student movement has submitted its “Student List – Students Win” to the Republic Electoral Commission (RIK), after thousands of supporters marched through central Belgrade to the commission’s headquarters. Students carried boxes of signatures gathered in recent days in a bid to qualify for the ballot. The move comes after nearly two years of protests triggered by the collapse of a railway station canopy in Novi Sad on 1 November 2024, which killed 16 people. Students have demanded accountability and accused the authorities of failing to address corruption linked to the station’s renovation. At times, demonstrations have brought hundreds of…

Published on 15/09/2026 – 7:51 GMT+2 Government bond markets remain under pressure as rising energy prices revive inflation concerns and increase expectations that major central banks will keep interest rates higher for longer. The benchmark 10-year US Treasury yield briefly touched 5.011% on Monday, according to Dow Jones Market Data, before falling back below 5%. The level was the highest since October 2023. The yield crossed the psychologically important 5% threshold as higher government borrowing, resilient economic growth and heavy corporate debt issuance linked to artificial intelligence investment compounded pressure on US bonds. Yields move inversely to bond prices. Rising…

Many Type A travellers plan their trips months in advance, but there’s a more laid-back type of tripper who prefers to leave it until the very last minute to book a holiday. A new study has revealed the most popular destinations for last-minute vacations – that’s trips booked within just seven days before arriving. Hotel management system company Sirvoy looked at its customer base of independent hotels, B&Bs, guesthouses, hostels and holiday rentals to reveal where the most last-minute accommodation bookings take place worldwide. It then examined the proportion of accommodation booked within a week of check-in and the percentage…