Builder confidence in the United States housing market reached its highest point since April, according to the National Association of Home Builders/Wells Fargo Housing Market Index. The index rose five points to 37 in October 2025, signaling renewed optimism among builders. The increase highlights growing confidence in the market for newly built single-family homes. Builders reported stronger buyer interest and an improved outlook for sales in the coming months. This is the most positive reading since the spring, indicating a rebound in market sentiment after a period of moderate activity. Experts say that several factors are contributing to rising confidence.…
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US President Donald Trump has announced higher tariffs on Canadian goods after Ontario aired an anti-tariff advertisement featuring former US President Ronald Reagan. Trump called the advert a “fraud” and accused Canadian officials of refusing to take it down before the World Series baseball championship. “Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now,” he wrote on social media on Saturday. Trade relationship between US and Canada deteriorates Trump had already withdrawn from trade talks with Canada on Thursday, escalating the…
The Co-op has instructed staff to give vapes greater prominence in stores in a bid to recover millions in lost sales following a damaging cyber-attack earlier this year. According to an internal document obtained by The Guardian, the retailer launched a campaign titled “Powering Up: Focus Sprint: Cigs, Tobacco and Vape”, aimed at reversing a £1m weekly sales shortfall and the loss of about 100,000 customer transactions since the April hack. The document outlines plans for new eye-catching vape displays, more in-store advertising, and an expanded range of vaping and nicotine pouch products across more than 2,000 Co-op grocery stores.…
Undercover Operation Leads to Arrests in Tbilisi Three Chinese citizens have been taken into custody in Georgia after authorities uncovered an attempt to buy uranium illegally. The State Security Service said the arrests took place in Tbilisi during a sting operation in which the suspects tried to acquire two kilograms of the radioactive material for around $400,000. Officials confirmed the uranium was confiscated and sent for examination by radiation specialists. Smuggling Route Reportedly Planned Through Russia Investigators believe the group intended to move the uranium from Georgia to China, traveling through Russian territory. One suspect had entered the country in…
Beef prices in the United States have reached historic highs, creating a political and economic storm that even Donald Trump cannot ignore. Once confident that inflation was “dead,” Trump now faces mounting criticism as rising beef costs threaten his pledge to make groceries more affordable. This week, he called on ranchers via social media to cut cattle prices. His remarks — and new policy ideas from his administration — have sparked anger among ranchers who fear his plans will shrink their profits while doing little to help consumers. America’s shrinking herds For more than four decades, the number of US…
Experts are urging the UK government to introduce cigarette-style cancer warnings on packets of bacon and ham, saying that chemicals used in their processing are known to cause bowel cancer. The demand comes ten years after the World Health Organization (WHO) classified processed meats as carcinogenic to humans, placing them in the same risk category as tobacco and asbestos. Despite this, scientists say successive governments have done “virtually nothing” to reduce the public’s exposure to nitrites – chemicals added to bacon and ham to preserve them and maintain their pink colour. According to researchers from the Coalition Against Nitrites, this…
Manufacturers Warn of Market Disruption European producers are sounding the alarm over a rapid influx of low-priced Chinese imports that are reshaping markets across the continent. Industries ranging from textiles and truck tires to consumer goods have seen a surge in Chinese shipments, largely redirected from the U.S. following the imposition of tariffs. The sudden oversupply has squeezed local businesses, leading to declining profits and fears of widespread job losses. Member States Demand Trade Safeguards France, Italy, and several other EU nations are pushing Brussels to take firm action to counter what they describe as unfair trading practices. They are…
US President Donald Trump will meet Chinese President Xi Jinping in South Korea on 30 October. The White House confirmed the meeting, which will take place on the sidelines of a major Asian summit. The two sides have been preparing for the meeting for several weeks, though rising friction between Washington and Beijing nearly derailed the plan. It will be the first in-person meeting between Trump and Xi since Trump’s return to the presidency. Trump recently warned he would impose a 100% tariff on Chinese imports starting in November if Beijing does not ease restrictions on its rare earth exports.…
The weight-loss drug semaglutide can significantly reduce the risk of heart attack or stroke even when users lose little or no weight, according to a major global study published in The Lancet. Researchers from University College London analysed data from 17,604 adults aged 45 and older who were overweight or obese. Half received weekly semaglutide injections, while the rest were given a placebo. The drug lowered the risk of major cardiac events — including heart disease deaths, heart attacks, and strokes — by 20%, regardless of how much weight participants lost. Lead author Prof John Deanfield said the findings suggest…
New Restrictions Target Moscow’s Finances and Energy Revenues The European Union has approved its nineteenth set of sanctions against Russia, introducing new limits on trade, banking, and energy dealings. The measures expand previous restrictions by blacklisting more financial institutions and closing loopholes that allowed Russian oil shipments to bypass earlier embargoes. EU officials say the sanctions are intended to cut off key revenue streams sustaining Moscow’s war in Ukraine while reinforcing the bloc’s collective economic response. Liquefied Natural Gas Phase-Out Marks Policy Shift For the first time, the EU has moved to prohibit Russian liquefied natural gas from entering its…
