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European Central Bank's Financial Stability Review warns: Middle East war threatens eurozone financial stability

The European Central Bank warned in its latest Financial Stability Review that the Middle East conflict has caused major disruption to global energy supplies, raising downside risks to inflation and growth. Although financial markets have adjusted in an orderly manner, asset prices remain fragile. Insufficient liquidity in non-bank financial institutions, concerns over sovereign debt sustainability, and hybrid threats such as cyberattacks could amplify shocks. The banking system remains relatively sound, but attention needs to be paid to exposures to energy-intensive industries and households' debt-servicing capacity. The review also includes four thematic studies.

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Global electric vehicle trends: Sales to exceed 20 million units in 2025, with the Chinese market accounting for over 60%

In 2025, global electric vehicle sales grew 20% year-on-year, surpassing 20 million units. China continued to lead the world with sales exceeding 13 million units, European sales grew 30%, and the U.S. market share remained stable, but policy uncertainty affected year-end sales. Emerging markets such as Nepal grew rapidly.

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