Pilgrims traverse Vatican Holy Door as Christmas marks start of the 2025 Holy Year

The United States and European Union have reached a significant trade deal, announced by President Donald Trump during a meeting with European Commission chief Ursula von der Leyen in Scotland. The agreement includes 15% tariffs on EU goods, a $600 billion EU investment in the US, and substantial purchases of US energy and military equipment, aimed at rebalancing trade and enhancing cooperation between the two economic powers. Want More Context? 🔎

With the upcoming debate on a new 15% tax on superannuation balances over $3 million, older-style savings bonds are gaining attention as a simpler, flexible investment option offering tax-free savings. Unlike the proposed super tax, which applies to unrealized gains, these bonds incur a 30% tax only on actual earnings and capital gains, providing potential tax efficiency and early access benefits. Want More Context? 🔎

Jordan and the UAE have air-dropped 25 tonnes of aid into northern Gaza amid a "tactical pause" in fighting by Israel, which has faced international pressure to address the humanitarian crisis. Despite this, nine people were reported killed by Israeli fire near aid routes, while many Gazans struggle with severe food shortages and malnutrition. Want More Context? 🔎

A passenger train derailed in a forest in southeastern Baden-Württemberg, Germany, leading to a mass casualty event with multiple injuries reported. Rescuers are working to access the overturned carriages, while federal police are en route to assist at the remote scene. Want More Context? 🔎

On "Face the Nation," Margaret Brennan discusses President Trump's efforts to refocus on his economic agenda amid distractions, including his criticisms of Federal Reserve Chairman Jerome Powell during a visit to the Fed. The episode features insights from key figures such as White House Budget Director Russell Vought, Senator Chris Van Hollen, and French Foreign Minister Jean-Noël Barrot, addressing topics like tariffs, higher education investigations, and the humanitarian crisis in Gaza. Want More Context? 🔎

Several US professors are suing the Trump administration over its crackdown on pro-Palestinian activism, which includes arresting and deporting students involved in such advocacy. Jamil Jaffer of the Knight First Amendment Institute emphasizes that this policy not only threatens the rights of non-citizens but also suppresses dissenting political viewpoints within academia. Want More Context? 🔎