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You're reading the Morning Briefing Europe newsletter.
Catch up on everything you need to know, from overnight news to the big stories that will shape your day.
Catch up on everything you need to know, from overnight news to the big stories that will shape your day.
Catch up on everything you need to know, from overnight news to the big stories that will shape your day.
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Good morning. Donald Trump signals he'll hold off against Iran for now. Denmark says talks with the US over Greenland end with a "fundamental disagreement." And a crew of four astronauts depart the ISS in NASA's first-ever medical evacuation. Listen to the day's top stories.
Donald Trump signaled he may pause action against Iran for now after being told protest killings had stopped. Brent futures and silver slumped after his comments eased geopolitical risks. The UN Security Council will meet today to discuss Iran, AFP reported. Meanwhile, Iran temporarily closed airspace around its capital Tehran.
Denmark said talks with the US over Greenland ended with a "fundamental disagreement," even as Europe moves to bolster security on the island. "We will, however, continue to talk," Foreign Minister Lars Lokke Rasmussen said. Germany will send a 13-member military assessment team to Greenland this week to explore possible security contributions alongside other European nations. Denmark doesn't have the capacity to develop Greenland, said Carla Sands, former US ambassador to Denmark.
Trump said he has no plans to fire US Federal Reserve Chair Jerome Powell despite an ongoing Justice Department probe, though he is weighing potential successors, according to Reuters. Fed officials including Neel Kashkari, Austan Goolsbee and John Williams defended central bank independence amid DOJ subpoenas. "The escalation over the course of the past year is really about monetary policy," Kashkari said in an interview with the New York Times.
UK estate agents turned more optimistic in December as easing borrowing costs and budget clarity lifted housing sentiment. The Royal Institution of Chartered Surveyors said its gauge of expected home sales surged to 22, up from minus 4 the month before and the highest since October 2024. Optimism for the year ahead also became more widespread.
Corporate update: US federal immigration officers targeted a construction site in rural Louisiana where Meta Platforms is building its largest data center, leading to the arrest of two individuals. Amazon is challenging Saks' bankruptcy financing, claiming the retailer breached a deal and that its $475 million equity investment is now "presumptively worthless." OpenAI signed a $10 billion multiyear deal to use hardware from Cerebras Systems for AI computing.
The Big Take
Generic Ozempic Makers Are Coming to Upend the Obesity Market
Cheap, regulated drugs are shaping up as one of the weight-loss market's next big challenges.
Opinion
The French far-right is nearer to power than you think, Lionel Laurent writes. The depth of the country's paralysis feels unprecedented and snap parliamentary elections can't be ruled out in 2026. That means there is a chance that Emmanuel Macron bites the bullet eventually and allows his political nemeses a shot at forming a government.
Before You Go
A crew of four astronauts departed the International Space Station in NASA's first-ever medical evacuation following an undisclosed ailment with one of the crew members. The astronauts undocked from the station in a SpaceX Dragon capsule and are expected to splash down off the coast of California in the early hours of Thursday.
Illegal sports streaming is surging in the UK as fans seek to dodge rising subscription costs. The top 10 unauthorized pirated sports sites drew 1.6 billion views in the first half of 2025, up by a third from a year earlier, according to data analytics firm Yield Sec.