U.S. Dollar Gains as Euro Falls on European Inflation Data
On Tuesday, the U.S. dollar strengthened against major peers, while the euro fell following slower-than-expected inflation in Europe. Market movements...
Over 1,300 firefighters, supported by around a dozen water-dropping aircraft, were deployed on Tuesday to combat three major wildfires sweeping across central and northern Portugal. Following weeks of scorching temperatures, authorities placed much of the country on red alert for fire risk.
The most severe blaze has been burning since Monday in the Arouca region, roughly 300 km (185 miles) north of Lisbon. Emergency services evacuated several dozen residents and closed the popular Passadiços do Paiva hiking trail, a major tourist attraction.
“It’s heartbreaking to witness this again. We need help, we need air support,” said Rafael Soares, a resident of the village of Canelas, referencing a massive fire last September that scorched 6,000 hectares of forest nearby. He attributed the repeated fires to droughts intensified by climate change, which have left local forests extremely dry.
Farther north, a wildfire has been raging since Saturday in Peneda-Gerês National Park near the Spanish border, blanketing nearby villages in thick smoke and prompting authorities to issue stay-at-home warnings. Spain dispatched additional aircraft to assist with firefighting efforts in the region.
In Spain’s Castile and León region, three wildfires were active early Tuesday, the largest of which was near Ávila, approximately 100 km (62 miles) west of Madrid. Residents in the town of Mombeltrán were instructed to remain indoors due to heavy smoke.
While hot, dry summers are typical across the Mediterranean, rising global temperatures and increasingly severe heatwaves have fuelled more destructive wildfires in recent years.
Türkiye has also faced a surge in wildfires in recent weeks, with temperatures soaring and 10 firefighters losing their lives last week in Eskişehir province. In Greece, several villages were evacuated over the weekend, and at least five people were injured in separate blazes.
Germany’s foreign intelligence service secretly monitored the telephone communications of former U.S. President Barack Obama for several years, including calls made aboard Air Force One, according to an investigation by the German newspaper Die Zeit.
Israeli media report that Israeli Prime Minister Benjamin Netanyahu chaired a lengthy security meeting that reportedly focused on the country’s regional threats, including Gaza, Lebanon, and Iran.
U.S. President Donald Trump said on Sunday (4 January) that the United States could carry out further military action in Venezuela following the capture of President Nicolás Maduro. Speaking to reporters aboard Air Force One, he said Washington now effectively controls the country.
At the end of last year, U.S. President Donald Trump was reported to have raised the Azerbaijan–Armenia peace agenda during a conversation with Israel’s prime minister, warning that if peace were not achieved, Washington could raise tariffs on both countries by 100 percent.
President Ilham Aliyev said 2025 has politically closed the Armenia-Azerbaijan conflict, as a Trump-era reset in U.S. ties, new transport corridors and a push into AI, renewables and defence production reshape Azerbaijan’s priorities.
U.S. President Donald Trump and his team are actively exploring options to acquire Greenland, with discussions including the potential use of the U.S. military, which is "always an option," according to a statement from the White House on Tuesday.
Leaders from the U.S. and European countries moved closer to finalising legally binding security guarantees for Ukraine following a “Coalition of the Willing” meeting in Paris on Sunday.
At least four people were killed and several others injured on Tuesday during fighting in Aleppo, northern Syria, state media reported. The government and the Kurdish-led Syrian Democratic Forces (SDF) are trading blame for the violence.
Ukrainian President Volodymyr Zelenskyy, French President Emmanuel Macron, and British Prime Minister Keir Starmer signed a declaration of intent on Tuesday outlining the future deployment of multinational forces in Ukraine.
The United States has presented Israel and Syria with a proposal for a security agreement that would establish a joint economic zone along the border, Axios reported on Tuesday.
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