The European Central Bank (ECB) is nearing its final stage of interest rate cuts, but internal divisions are emerging that may hinder decision-making in the months ahead. A widely anticipated decrease in the deposit rate to 2.5% on Thursday is likely to be the last consensus move among the ECB’s 26 policymakers. However, disagreements over … Read more
The Times of Israel website experienced technical difficulties yesterday evening, leaving readers unable to access its content. The issue was resolved once the site returned online, but the cause remains unclear. Users were prompted to enable JavaScript and cookies to view the site properly. Source: https://www.timesofisrael.com/netanyahu-apologizes-to-freed-hostage-eli-sharabi-for-failing-to-get-him-out-sooner
US President Donald Trump has threatened to lose patience over proposals for a ceasefire in the fighting between Ukraine and Russia. European countries, including France, Britain, and potentially others, have floated plans for a one-month truce, with the goal of leading to peace talks. France’s President Emmanuel Macron suggests that such a truce would test … Read more
The second launch of Ariane 6, Europe’s heavy launcher, has been postponed due to ongoing ground operations necessary for interfacing with the launcher. The new launch date will be announced once these operations are completed. Ariane 6 is scheduled to launch from France’s Guiana Spaceport on March 3, 2025, carrying the CSO-3 satellite for the … Read more
A historic milestone was achieved at the Vanity Fair Oscars party when director Sean Baker won four Oscars for his film “Anora”. The news sparked a flurry of comments on social media, with some readers expressing excitement over the potential increase in viewership, while others criticized the film as being too explicit. Source: https://www.washingtonpost.com/entertainment/movies/2025/03/03/vanity-fair-party-looks-oscars-2025
Pope Francis, 88, has had two episodes of acute respiratory failure due to “significant accumulation” of mucus in his lungs and a bronchospasm akin to an asthma attack, according to the Vatican. The Holy Father was hospitalized on February 14 with a severe respiratory infection that triggered other complications. Doctors performed two bronchoscopies to evaluate … Read more
US stock futures rose on Monday, rebounding from sharp monthly losses as investors awaited key employment data and tariff announcements from President Donald Trump. Cryptocurrency-exposed stocks like Coinbase, MicroStrategy, and Riot Platforms gained ground after Bitcoin’s price rebounded following a speech by President Trump. Tesla also saw an increase of 3.4% after Morgan Stanley reinstated … Read more
Oil prices have dropped to their lowest this year after OPEC+ announced it will restart some halted production, a move that may deepen the projected global surplus of crude. West Texas Intermediate (WTI) slid 2% to settle above $68 a barrel, while global benchmark Brent retreated below $72. The decision comes as a surprise, following … Read more
A stark regional divide is emerging in the US housing market, where buyers hold more power to demand price cuts in some areas but face intense competition in others. The national supply of homes for sale remains below pre-pandemic levels, with existing-home inventories 16% lower than five years ago, according to the National Association of … Read more
The European Union’s inflation rate has decreased to 2.4%, according to recent data, indicating that underlying price pressures are easing. This decrease in inflation is a positive sign for the economy, suggesting a slowing pace of growth and reduced concerns about future inflationary pressures. Source: https://www.ft.com/content/d6bc5fdd-8b80-4255-91ff-c375d7498189