_{WORLD NEWS}

​EU Warns 450 Million Citizens to Prepare After Russia Missile Strike Sparks World War Fears

The European Union has warned its 450 million citizens to prepare for a possible World War-like scenario, urging them to stockpile food, water, and essentials for at least 72 hours. This comes after Russia launched a missile strike on the Ukrainian city of Sumy, killing dozens.

NATO Secretary-General Mark Rutte warned that Russia could launch another major European attack by 2030, emphasizing NATO's readiness to respond with full force if any member is attacked.

Russia also fired cruise missiles from a submarine in the Sea of Japan, targeting land and naval sites. Meanwhile, Ukraine accused Russia of spreading threats and manipulation, as ceasefire negotiations continued.

The EU’s preparedness warning underscores rising fears amid growing military and geopolitical tensions in Europe. Read More.

_{ECONOMIC NEWS}

US Pending Home Sales Edge Up in February But Remain Near Record Lows

U.S. pending home sales rose 2.0% in February, slightly above expectations, but remain near record lows, down 7.2% year-over-year. The increase followed a weather-disrupted January, with the South leading gains at 6.2% after a steep drop the prior month. Sales rose modestly in the Midwest but declined in the West and Northeast.

Experts say meaningful recovery is unlikely until mortgage rates drop to 5% or lower, but current 30-year fixed rates remain high at 6.71%, and are expected to stay above 6% through 2025.

Pending home sales are considered a leading indicator for the housing market, as contracts typically precede closings by one to two months. Read More.