The United Kingdom and the European Union have agreed to a landmark deal aimed at “resetting” their post-Brexit relationship, easing restrictions on travel and work for hundreds of millions of people on the continent. The pact, agreed at a summit in London on Monday, followed months of negotiations between Downing Street and Brussels. It includes agreements on defense, migration, work ...

France is planning to build a brand new high-security prison in the Amazon rainforest, near the site of the notorious Devil’s Island penal colony that inspired the 1973 movie “Papillon,” starring Steve McQueen. Speaking on Sunday during a visit to French Guiana, a French territory that borders Suriname and Brazil, Justice Minister Gérald Darmanin said the facility would house drug ...

In the gripping game of thrones of Philippine politics, voters have delivered former Philippine President Rodrigo Duterte a sweeping mayoral victory in his hometown stronghold of Davao – predictable for a family that has held the job for more than 20 years. But this latest landslide win creates a predicament for the Philippines, as the mayor-elect is thousands of miles ...

Austria won its third Eurovision Song Contest after a glittering grand final in neighboring Switzerland, with singer JJ earning the continent’s votes for the operatic pop anthem “Wasted Love.” The song, which showcases the classically trained Austrian-Filipino singer’s remarkable vocals and was staged in a dramatic style that evoked a shipwreck, dazzled the crowd in Basel and saw Austria triumph ...

As a missionary and bishop in Peru, the future Pope Leo came face-to-face with one of the most serious and far-reaching scandals in the church in Latin America. For years, there were allegations of abuse within the hugely influential Catholic society Sodalitium Christianae Vitae (SCV), which had deep ties to Peru’s powerful and wealthy. The scandal came to a head ...

Leo XIV, the first ever American pope, will be formally inaugurated as the 267th pontiff Sunday during a special Mass in St. Peter’s Square attended by world leaders, royalty, and thousands of believers. The May 18 service will be rich in symbolism and include the formal bestowing on Leo of the symbols of office including the pallium – a lamb’s ...

Russia has battered Ukraine overnight with its largest drone attack since the war began, Ukraine’s military said Sunday, as Moscow intensified its military assault despite holding direct peace talks with Kyiv Friday. Russia launched 273 Shahed drones in one night, the Ukrainian Air Force said, predominantly targeting the central Kyiv region. A 28-year-old woman was killed, and three others including ...

For those of you who are a bit more steeped in technical analysis, you’ve likely heard of Dow Theory. A set of principles developed from Charles Dow, a journalist/analyst who founded what’s now the Wall Street Journal back in the late 19th century, Dow’s insight was foundational to modern technical analysis. Here’s a question: How can we view today’s market ...

SPY and QQQ crossed above their 200-day SMAs with big moves on Monday, and held above these long-term moving averages the entire week. The V-Reversal was extraordinary and SPY seems short-term overbought, but this cross above the 200 day SMA cross is a bullish signal for the most important market benchmark. Despite a bullish signal, long-term moving averages are trend-following ...

If you didn’t check in on the stock market the last couple of weeks, you might be surprised to see how strong they were this week. The three major stock indexes — S&P 500 ($SPX), Nasdaq Composite ($COMPQ), and Dow Jones Industrial Average ($INDU) — broke through their 200-day simple moving averages (SMAs) and are about 3–5% away from their ...