URGENT

Housing costs in Portugal rise 60.8% relative to incomes

By , based on Le Monde, Al Jazeera and Seneweb

Housing costs in Portugal rise 60.8% relative to incomesIllustrative image · Stephan Saloth · Pexels · Licence Pexels

Between 2015 and 2025, Portugal records the largest rise in housing prices relative to household incomes in the European Union, at 60.8%. According to Le Monde, thousands of protesters marched to denounce the housing crisis.

Share this article

Related stories

EU urges Israel to guarantee immediate access to Gaza

The European Union is calling on Israel to guarantee immediate and unimpeded access to Gaza, after bad weather flooded tens of thousands of tents housing displaced people and killed at least five people, including three children. According to Le Monde, the rains have killed at least five people since the end of last week, according to Palestinian rescue services.

🇵🇸 Palestine · Source: Le Monde ·

Petrol: a possible price drop in December

According to IOL, preliminary data suggests a possible drop in petrol prices in December, as the festive season approaches. Such a drop would ease household budgets over the holidays, if it is confirmed.

🌍 World · Source: IOL ·

Guinea-Bissau to inspect water factories to curb prices

Guinea-Bissau’s interministerial commission will launch a new inspection campaign at packaged water factories to assess their production capacity and combat rising prices. Producers blame retailers and resellers for the increase, according to a note from the Ministry of Natural Resources.

🇬🇼 Guinea-Bissau · Source: ANG ·

Bessent urges Fed not to raise rates amid energy shock

US Treasury Secretary Scott Bessent urged the Federal Reserve not to raise interest rates, citing an energy supply shock linked to the conflict with Iran. Despite this, markets expect a rate increase to 4.00-4.25% at the 9 December meeting, according to CME FedWatch.

🇺🇸 United States · Source: Al Jazeera ·

🌍 Latest from World

Meta given 60 days to review access to photos in ItalyMeta given 60 days to review access to photos in ItalyItaly’s data protection authority fined Meta €805 million for accessing photos and videos of about 20 million Android users without specific consent. It gave the company 60 days to disable photo suggestions by default and seek separate consent, according to the BBC as reported by Punch.All World news →

Business

Map: MoroccoMoroccan parliament adopts first part of 2027 budgetMorocco’s House of Representatives adopted the first part of the 2027 Finance Bill on Saturday by 179 votes to 126, with no abstentions, following its examination and amendment by a committee. The plenary vote confirms the adoption of the amended version of the text, Maroc Diplomatique reports.All Business news →

The week in Africa

This week’s highlights

  1. Ukraine: Moscow and Washington continue talks with Kyiv🇷🇺 Russia
  2. White House confirms Trump-Xi-Poutine summit in Shenzhen on Thursday🇺🇸 United States
  3. South Sudan postpones elections to 11 February 2027🇸🇸 South Sudan
  4. Ebola in DR Congo: infections falling since August peak🇨🇩 DR Congo
  5. Mohamed Osman al-Mirghani, Sudanese political leader, dies at 90🇸🇩 Sudan
All of this week’s highlights →

Africa in your inbox

Be the first to get our letter in English: the essentials from every region of the continent, free.

Free · one email a week · unsubscribe in one click. Your address is only used to send you the letter, never sold. Personal data

← Back to the news