Economics
US startup Anthropic unveiled a legal AI tool that automated contract review and compliance, prompting sharp sell-offs in European legal, publishing and data companies' shares.
U.S. President Donald Trump claimed Prime Minister Narendra Modi agreed to stop buying Russian oil, but analysts, Indian officials and the Kremlin offered no confirmation and expressed doubt.
China overtook the United States as Latin America's leading economic actor by financing ports, power plants and transport projects, and Donald Trump attempted to roll back Beijing's influence in Venezuela.
Global precious‑metals markets suffered extreme volatility as silver jumped about 12% after a record 27% one‑day plunge and gold plunged, creating fund price dislocations.
Premier League clubs dominated the winter transfer market, spending about €450–470 million, while LaLiga spent roughly €75.5 million and Atlético concentrated most Spanish outlay.
PepsiCo said it would cut suggested retail prices on snacks including Lay’s, Doritos, Tostitos and Cheetos by up to 15 percent in the United States, citing weak shopper sentiment.
European Union leaders struck new trade agreements outside U.S. frameworks to reduce strategic dependence, officials said, marking a deliberate shift toward geoeconomic power politics.
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The European Commission and European Central Bank said a digital euro would bolster strategic sovereignty, while private firms moved forward with a pan‑European MB Way payments alternative.
EU Commissioner Jørgensen said the European Commission presented a plan to boost affordable housing across the EU, offering more funding, less bureaucracy and tighter short‑term rental rules.
Germany’s Federal Statistical Office said 13.3 million people — 16.1% of the population — were at risk of poverty in 2025, prompting political debate and criticism of recent statistical changes.
