Author: staff
Sumitomo Mitsui DS Asset Management, one of Japan’s largest asset managers, said at the weekend it had sold all its French debt. In case of accelerated sales — or even worse, forced sales — the risk of contagion to other eurozone member countries rises further. Who ya gonna call? Spread-busters! The widening so-called spreads between national sovereign bond yields have raised questions about whether and how the European Central Bank might stop the rot. The ECB’s Transmission Protection Instrument (TPI) allows it to buy government bonds in the secondary market to counter “unwarranted, disorderly” market dynamics — but only under…
By Johanna Urbancik Published on 06/10/2026 – 8:45 GMT+2 Germany’s far-right Alternative for Germany (AfD) is seeking to have one of its politicians elected president of a state parliament today, as lawmakers in the eastern state of Saxony-Anhalt meet for the first time since the party won elections there a few weeks ago. The AfD wants Tobias Rausch to become president, or speaker, of the newly elected parliament in the state capital, Magdeburg, a personnel decision with nationwide significance. Whether he will secure the necessary majority is still unclear. The AfD won the state election on 6 September with 43.8 percent…
Thousands of people marched through central Barcelona on Monday to demand affordable homes, carrying banners and chanting for free and quality housing. The demonstration later turned tense, as some participants threw objects at police and set rubbish bins on fire. Officers charged the crowd and detained several people as smoke filled the streets. The march reflected growing anger over high rents, a shortage of homes and the risk of eviction across Spain. People of all ages took part, with demonstrators calling for political action. Trade unions have also announced a one-day general strike over the issue, although the date has…
Diesel goes back to costing €0.61 more per litre from Tuesday, after the expiry at midnight of the latest tax break on fuel. Without publication in the Official Gazette of the expected ministerial decree, the much-heralded mechanism of “mobile excise duties” remains on hold. Filling up at the pump is officially more expensive, marking the complete disappearance of tax cuts on fuel for the first time since last March, when the first decree was approved following the outbreak of the conflict between the United States and Iran. Despite assurances in recent days about activating mobile excise duties, the joint measure…
On Sunday, Portugal’s national team beat Norway by two goals, securing a place in the Nations League quarter-finals. The group stage of the competition was overshadowed by the controversy involving Cristiano Ronaldo and head coach Jorge Jesus, which ended with the captain leaving the training camp. As a result, the world followed with great curiosity what would happen next, in particular to see what Portugal’s national team would look like without Cristiano Ronaldo. While, regarding the team, Jorge Jesus said he “didn’t have much to say” because “the results spoke for themselves”, when it comes to Cristiano Ronaldo there is…
Badenoch, the party leader, has described maintaining the triple lock as “current” Conservative policy and in the “draft manifesto.” If it stays there, the party will have to set out where they will find billions of pounds to foot the bill of reversing the Labour policy. The Conservative strategy right now is to downplay the purported savings Burnham reckons can be found by the triple lock tinkering — and instead insist they can find many more billions by reducing the working age welfare bill. Marginal gains As the second shadow Cabinet minister put it, “fiddling in the margins” won’t find…
Published on 06/10/2026 – 7:00 GMT+2 The movements and actions of Russian diplomats have come under intense scrutiny as the European Union grapples with a succession of hybrid attacks, some of which have been directly attributed to Moscow, that have shaken its collective security. The topic has emerged as a potential next step in the bloc’s sanctions regime, according to senior diplomats with knowledge of the discussions. Brussels is seeking to turn the page after the contentious removal of two high-profile oligarchs last month, which strained the EU’s united front. Countries are now looking for ways to close ranks and…
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With the arrival of autumn comes a flurry of new travel trend reports and predictions for the coming year. The latest body to make its predictions is UK-based travel and tourism marketing brand Lemongrass, which has revealed its picks of the top trends for 2027. Experts at the company believe that a lot of travel undertaken next year will revolve around the “anti-optimised” holiday, which means that travellers will be choosing to do less and spend longer in a destination, rather than rush about and tick off everything on a perfunctory list. The Lemongrass travel trend report has also revealed…
Spain’s snap election is poised to upend not just domestic politics … but EU politics, too. On today’s show, Zoya Sheftalovich and Ian Wishart break down the potential impact of the Madrid tumult — from the EU long-term budget to the potential puncturing of Ursula von der Leyen’s fragile majority in Parliament. Next, Hungarian Prime Minister Péter Magyar is reviewing a huge nuclear deal agreed between ex-leader Viktor Orbán and Russian president Vladimir Putin. Our reporting has found that there could be some serious problems behind the scenes of the project. Finally, more than 3,000 temporary contract agents have taken…