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Nationwide said UK house prices were flat in June for a second consecutive month, with the average at £277,484 after a 0.6% fall in May, missing economists’ 0.1% growth forecast. Middle East hostilities disrupted the mortgage market and ended the str

2026-07-01

Nationwide said UK house prices were flat in June for a second consecutive month, with the average at £277,484 after a 0.6% fall in May, missing economists’ 0.1% growth forecast. Middle East hostilities disrupted the mortgage market and ended the strong early‑year price momentum. Mortgage rates have eased from April peaks but remain above pre‑conflict levels. With investors increasingly expecting a US‑Iran ceasefire to hold, market bets on further Bank hikes of England have eased, leaving scope for mortgage costs to fall further in coming months.

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2026-07-01

Petrobras approved revisions to contracts for supplying natural gas to prospective buyers, aimed at curbing price volatility.

Petrobras approved revisions to contracts for supplying natural gas to prospective buyers, aimed at curbing price volatility.
2026-07-01

On June 30, the 80th UN General Assembly approved a resolution to amend a 75-year-old financial rule. Under a four-year trial starting July 1, 2026, the UN will only return or credit unused funds to member states when the related payments have actual

On June 30, the 80th UN General Assembly approved a resolution to amend a 75-year-old financial rule. Under a four-year trial starting July 1, 2026, the UN will only return or credit unused funds to member states when the related payments have actually been received and are cash-backed. Previously, the UN could return or credit amounts even if some members had not paid on time or in full, effectively recording funds it had not received. The UN said the prior rule weakened fiscal stability and increased liquidity pressure on the regular and peacekeeping budgets.
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