Palestinians near the ruins of Gaza's international airport, which was shut down in 2001. Anas-Mohammed / ShutterstockGaza is going through one of the most severe economic collapses the world has seen in modern times. According to a UN report published in late November, the average income per person there is now just US$161 (£122) a year.
Larry Summers attends a prestigious conference in July 2025 in Sun Valley, Idaho. Kevin Dietsch/Getty ImagesHouse lawmakers released damning correspondence between economist Larry Summers and the late convicted sex offender Jeffrey Epstein on Nov. 12, 2025.
When you hear the phrase “family business,” you might think of the backstabbing Roys of “Succession” or the dysfunctional Duttons of “Yellowstone.” But while TV’s family companies are entertaining, their real-life counterparts may be even more compelling.
When you hear the phrase “family business,” you might think of the backstabbing Roys of “Succession” or the dysfunctional Duttons of “Yellowstone.” But while TV’s family companies are entertaining, their real-life counterparts may be even more compelling.
Carbon capture and storage projects capture carbon dioxide emissions from industrial facilities and power plants and pipe them underground to geological formations. Nopphinan/iStock/Getty Images PlusAs AI data centers spring up across the country, their energy demand and resulting greenhouse gas emissions are raising concerns.
Greece’s seasonally adjusted (SA) unemployment rate was virtually unchanged at 8.6 percent in October, from 8.7 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Prime Minister Kyriakos Mitsotakis used his visit to the United Kingdom on Monday to deliver two carefully calibrated messages, tailored to different audiences but united by a common theme: Greece’s transformation from crisis‑ridden outlier to stable, reform‑driven European partner.
Euro area insurers manage several trillion euro in assets and take a long-term investment perspective. They hold more alternative and less liquid assets than in the past, partly resulting from the long period of low interest rates until 2022. As a result, their balance sheets have become less liquid and more sensitive to market conditions overall. Meanwhile their holdings of sovereign bonds show significant home bias, which may have even increased with quantitative easing policies.
Euro area insurers manage several trillion euro in assets and take a long-term investment perspective. They hold more alternative and less liquid assets than in the past, partly resulting from the long period of low interest rates until 2022. As a result, their balance sheets have become less liquid and more sensitive to market conditions overall. Meanwhile their holdings of sovereign bonds show significant home bias, which may have even increased with quantitative easing policies.
The final 2026 budget submitted to Parliament in November reaffirmed Greece’s strong fiscal performance and the sustained trajectory of declining debt.
