Global Market

The European Union (EU) and the Gulf Cooperation Council (GCC) have strongly condemned what they described as unjustifiable Iranian attacks on GCC countries, saying the action threatens regional stability and global security.

The euro area annual inflation rate was 1.7% in January 2026, down from 2.0% in December. A year earlier, the rate was 2.5%. European Union annual inflation was 2.0% in January 2026, down from 2.3% in December.

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