Author: OMN AI

Buyers are gaining market power as housing inventory continues to grow, making the market more favorable for prospective homebuyers. Analysts say increasing supply gives buyers more options and negotiating leverage, helping improve affordability and access. Rising inventory allows households to consider more properties without facing extreme competition. In some regions, previously high-demand homes are seeing slower sales, giving buyers the ability to negotiate prices and terms more effectively. Experts highlight that these conditions benefit both first-time buyers and those looking to upgrade or relocate. The shift in market dynamics comes as construction of new homes continues and previously delayed projects…

Health agencies warn that measles continue to challenge Europe, despite a decline in cases in 2025 compared with the previous year’s record. Experts urge immediate action to tackle vaccine hesitancy and prevent renewed outbreaks across the continent. Measles often fade from public attention, yet the virus continues to spread in multiple European countries. Europe reported 127,350 measles cases in 2024, the highest total since 1997. Cases fell in 2025, but infections still doubled compared with 2023, according to the European Centre for Disease Prevention and Control. Sabrina Bacci, head of the ECDC programme on vaccine-preventable diseases and immunisation, said Europe…

Driver unrest shaped the second Formula One pre-season test in Bahrain.Max Verstappen called the new Red Bull “anti-racing”.He said the complex energy management makes the car “not fun to drive”.He warned he could leave the sport if racing stops being enjoyable. Lewis Hamilton also criticised the regulations.He said the systems are too complex for fans to understand.He argued drivers now need advanced technical knowledge to manage the cars. The new rules introduce engines with an almost equal split between combustion and electric power.They also bring new chassis, tyres and fully sustainable fuel.Drivers must constantly control energy deployment during a lap.…

Ukrainian President Volodymyr Zelenskyy has warned that it is a “big mistake” for European leaders to be largely absent from ongoing US-led negotiations aimed at ending Russia’s war on Ukraine. Speaking at the Munich Security Conference, he stressed that any lasting peace must reflect the security concerns of the entire continent — not just Kyiv and Washington. Europe’s Voice Must Be Heard Zelenskyy said Ukraine is working to ensure Europe’s “interests and voice are taken into account” as diplomatic efforts move forward. His comments echoed those of Emmanuel Macron, who recently argued that Europe may need to rethink its own…

Aluminium prices slipped on Friday, while zinc, nickel, and lead also fell. Investors reacted to reports that US President Donald Trump may reduce tariffs on imported metals. Markets factored in the potential policy shift ahead of November’s midterm elections. The three-month aluminium contract on the London Metal Exchange dropped more than 2.5% to $2,965.75 per tonne by midday. On the Shanghai Futures Exchange, the most active aluminium contract fell 1.76% to 23,195 yuan per tonne. Broad Decline Hits Industrial Metals Zinc traded at $3,316.50 per tonne, down $51.95 or 1.54%. Nickel fell $257 to $16,993.38 per tonne, a drop of…

US inflation dropped to 2.4% in January after last year’s tariff-driven price swings. Prices rose 0.2% from December, while core inflation increased 0.3%. Economists expected a slight decline, and new polls show rising voter dissatisfaction with Trump’s economic record. Inflation reached 2.3% in April, climbed to 3% by September, and fell to 2.7% by late autumn. The White House called the data proof that its agenda controls inflation and supports future rate cuts. Wall Street studies the report for signals on Federal Reserve policy. The Fed paused rate cuts in January and will decide again in March. Jerome Powell expects…

The United Nations has voted to create a new international scientific panel dedicated to studying the risks and opportunities of artificial intelligence, marking a significant step in global efforts to understand the fast-moving technology. The decision passed in the General Assembly by 117 votes to two, with the United States and Paraguay opposing the move, while Tunisia and Ukraine abstained. Russia, China and several European nations backed the initiative. UN Secretary-General Antonio Guterres described the panel as a “foundational step toward global scientific understanding of AI,” saying it would provide independent and rigorous analysis at a time when AI development…

US President Donald Trump revoked a 2009 scientific finding that identified greenhouse gases as a danger to public health. The rule had formed the legal foundation for federal efforts to curb emissions from vehicles, power plants, and industry. The White House called the move the “largest deregulation in American history,” claiming it will cut vehicle costs by $2,400 and ease pressure on automakers. Environmental groups said it represents the most significant climate rollback so far and promised to challenge it in court. Trump criticizes Obama-era climate policies Speaking in the Oval Office, Trump called the 2009 finding “a disastrous policy…

The top legal adviser to the European Court of Justice has said the European Commission should not have released billions of euros to Hungary. Advocate general Tamara Ćapeta argued that Hungary failed to implement the judicial reforms required to unlock about €10bn in suspended funds. The commission froze payments in 2022 over concerns about corruption and rule-of-law breaches under prime minister Viktor Orbán. In 2023, it concluded that reforms were sufficient and lifted the suspension. The European Parliament challenged that decision, claiming the commission made serious legal errors. Ćapeta said the commission did not properly assess whether reforms were fully…

NATO may be entering a new era, with both the United States and its European allies signalling that the balance of responsibility within the alliance needs to shift. While Washington wants to free up resources to focus on other regions, European leaders appear increasingly ready to take on a larger share of the burden — though their motivations are not entirely the same. At a meeting of NATO defence ministers in Brussels, US Under Secretary of War Eldridge Colby called for what he described as “NATO 3.0.” In his view, the alliance must evolve so that European nations assume primary…