Thursday, 08 October 2026 · World
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EUROS The World Financial Report
Nº 89 Thursday, 08 October 2026 · World Edition
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Latest news

Every story from the Euros Room, newest first.

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Commodities

Dutch central bank transfers 86 tonnes of gold closer to home

DNB decided to move some of their gold reserves from the US and Canada to London, in a move to decrease risk.

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Tech & AI

Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase

Since SpaceX's record-breaking IPO in June, rates have sold off, and yields on its bonds have risen, along with other AI-related b…

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Economy

Labour could oversee worst parliament on record for living standards, study warns

Energy and housing costs threaten biggest decline in modern times unless bold action taken, says thinktank Soaring energy and hous…

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Front Page

Iraq devalued its currency as the Iran war squeezes its oil exports

The devaluation gives Baghdad more dinars for every export dollar but risks making imported goods costlier for households and busi…

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Emerging Markets

Moody’s turns positive on sub-Saharan Africa as debt pressures ease

Moody’s has raised its outlook for sub-Saharan Africa to positive, citing economic reforms, strong commodity prices and improved a…

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Emerging Markets

Explainer: Why CBN wants banks to strengthen cyber resilience as digital banking expands

As Nigerian banks deepen their use of digital channels, the Central Bank of Nigeria (CBN) is placing greater emphasis on read more…

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Front Page

OpenAI’s release of mathematical findings draws concerns from experts

Leaders worry OpenAI is not doing due diligence to vet results and that AI models aren’t accessible to broader field of mathematic…

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Front Page

French wine industry facing historic low harvest after extreme summer heat

This year’s harvest is expected to be down 2% on mediocre 2025 yield, which was lowest in nearly 70 years France’s wine industry i…

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Emerging Markets

Trump builds vast Latin America military alliance on the cheap

US president has slashed aid to Latin America despite alignment of governments; Military assistance to eight nations dropped to ju…

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Front Page

IMF chief slams' cowardice to make 'tough political choices' on AI, national debt: 'you have the tools, now have the wisdom'

Kristalina Georgieva has a message for the world's economic policymakers: "we cannot keep delaying necessary policy action."

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Front Page

Ex-Barclays traders jailed for rigging interest rates have convictions quashed

Acquittals of five former bankers come year after supreme court overturned ruling against City trader Tom Hayes Five more former t…

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Asia

Conservative anti-tax group seeks FCC approval for AI robocalls ahead of US midterms

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Europe

MEPs urge tougher action against China as tensions hit ‘critical point’

The resolution calls China “a decisive enabler” of Russia’s war in Ukraine and says the EU should take action against China’s weap…

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Emerging Markets

Court declares Milei decree halting university funding 'unconstitutional,' orders immediate application

Dispute over university funding dates back to last year when the Javier Milei Presidency vetoed the bill and Congress insisted on …

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Front Page

Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023

The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.

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Commodities

Vizsla Copper logs high-grade silver at Alaska project

The site has benefited from more than $116 million of historical investment and roughly 96,000 metres of drilling.

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Front Page

Badenoch says Tories would scrap inheritance tax on family homes

Tory leader says her party is "coming back", as she aims to convince voters it has changed after 2024 election defeat.

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Crypto

Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization

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Front Page

Tories accused of prioritising rich voters as Badenoch lays out inheritance tax cut plan

Party hopes to win over affluent middle-class voters as leader rejects calls to ‘unite the right’ in conference speech UK politics…

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Commodities

Gold ETF rush defies 8.5% gold price slide

The divergence appears to have been driven largely by futures selling rather than investors abandoning gold.

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Asia

Revolut will cover costs for customers hit by data hack, Western Europe CEO says

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Commodities

Rubio Warns Russia and China Are Already Moving in the Arctic

US Secretary of State Marco Rubio has signaled a renewed American push to strengthen security in the Arctic, warning that US adver…

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Front Page

France is caught between angry students and unforgiving bond markets

France's student protests took a breather on Wednesday after weeks of unrest, but market pressure on the French government intensi…

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Europe

Mercedes global sales fall 6% as electric car sales hit record high

Mercedes-Benz shares fell after the German carmaker reported a 6% fall in global sales, driven by weakness in China. Sales outside…

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