Business
The Portuguese government says it will lose €401 million in personal income tax revenue by 2027, even before any new tax cuts take effect. The shortfall raises concerns about the sustainability of the budget and could force policy adjustments ahead of planned tax reforms.
Sports
The league levied a $30 million fine on the Los Angeles Clippers, forfeited five future first‑round draft selections and suspended owner Steve Ballmer for a year after finding salary‑cap violations involving Kawhi Leonard. Leonard himself was fined $700,000 but avoided suspension.
Business
Rising bond yields triggered by higher oil prices and debt concerns are pushing mortgage rates higher in the United Kingdom and Australia. Borrowers are being urged to lock in deals while loan applications in Australia have already slipped 15%.
World
Tensions in the Middle East have significantly escalated after Iran launched missile and drone attacks against US bases and allies in the region. The strikes followed US airstrikes that reportedly killed 18 people in Iran, prompting warnings of a potentially brief but intense conflict from former President Trump.
Business
Oslo has hit a historic high in properties listed for sale, deepening concerns about affordability in Norway's capital. The surge coincides with a rebalancing push at NBIM, led by Alex Knapp, that could influence the broader real‑estate market.
News
A prolonged nurses' strike has forced dozens of county hospitals across Kenya to suspend services, leaving patients to seek costly private care. The stalemate highlights deep tensions over pay and working conditions in the country’s health sector.
News
Prime Minister Shehbaz Sharif announced that any civil servant found negligent in the Punjab Institute of Mental Health fire will face strict disciplinary action. He also ordered immediate safety upgrades and broader health‑sector reforms.
News
A passenger bus flipped over on a highway near New Borg El Arab, killing 22 people and injuring several others. Egyptian authorities have launched an investigation and are providing assistance to victims' families.
Business
Uber announced the immediate shutdown of its ride‑hailing service in Nigeria, ending a 12‑year presence and joining a global restructuring that cuts 10% of the company’s workforce. The exit threatens thousands of drivers and reshapes a market already dominated by local and foreign competitors.
News
Mexico’s ambassador to the European Union announced a joint initiative to choke drug‑cartel cash flows. The plan focuses on coordinated financial‑crime investigations and tighter money‑laundering controls.
News
Authorities in northern Japan’s Aomori prefecture have upgraded the disaster alert to the highest level after heavy rains raised fears that the Iwashimizu River could overflow. The move triggers emergency safety measures, including potential evacuations in Goshi‑gawara city.
News
The opposition party Hnutie Slovensko has accused Prime Minister Robert Fico of turning the government's Vision 2040 plan into a show, calling his presentation theatrical. The criticism was voiced by party leader Julius Jakab, intensifying a political debate ahead of upcoming elections.