United States
U.S. Fiscal Policy Turns Mildly Restrictive in Q2
The fiscal impact measure showed tax and spending policy subtracting 0.2 percentage points from real GDP growth in the second quarter of 2026.
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United States
Asia
Nine days of rain leave at least 16 dead across northern Philippines
Floods, landslides and rain-related accidents have struck Luzon after extraordinary rainfall, exposing the risks surrounding rescue operations, urban drainage and long-disputed flood-control spending.
Oceania
Luxon summons National lawmakers as leadership pressure rises before New Zealand election
New Zealand's prime minister has called an urgent caucus meeting less than three months before the general election, as economic weakness, public missteps and internal discussions revive the possibility of a leadership change.
Latin America
Colombia races to find survivors after century's strongest quake kills more than 110
A magnitude-7.4 earthquake devastated western Colombia, damaging about 1,600 buildings and confronting a newly inaugurated government with a national rescue, security and humanitarian emergency.
United States
Michigan primary widens Democrats' progressive lane ahead of US midterms
Abdul El-Sayed's Senate nomination in a pivotal Midwestern state has intensified the Democratic debate over economic populism, Gaza, campaign money and the leadership the party will carry into 2026 and 2028.
China
Bozhong 19-6 gas field reaches full Phase I operation in Bohai Sea
China's largest offshore gas field in the east is producing more than 5,200 tonnes of oil and gas a day, strengthening supply near the Beijing-Tianjin-Hebei region as work advances on a second phase.
India
India considers tripling Cabinet threshold for foreign investment approvals
A proposal to raise the CCEA review line from ₹50 billion to ₹150 billion would give ministries greater authority over large FDI applications, while a parallel review seeks to prevent duplicate approvals for indirect investment.
Middle East
Syria and Russia recast Hmeimim and Tartous presence under new framework
A memorandum transfers designated civilian facilities to Damascus and turns Russian military sites into joint training centers, preserving Moscow's access while reducing the exceptional privileges attached to its former bases.
Europe
Italy and Spain escalate Ceuta dispute with reciprocal border checks
Reciprocal checks on travellers have turned the Ceuta migration crisis into a dispute between two major EU governments, testing free movement while both sides insist the measures are temporary.
Brazil
JBS and Danantara form Asia-Pacific protein venture worth up to $5 billion
Indonesia's sovereign investment arm will take 25% of a new venture built around JBS operations in Australia and New Zealand, combining $2.5 billion in equity with planned debt capacity of the same size.
Russia
Rosatom clears Sealegend vessels for regular China-Europe Arctic service
Seven vessels have received permission to operate eight scheduled voyages through the Northern Sea Route from August to October, moving China-Europe container traffic beyond one-off trials.
Africa
More than 178,000 migrants leave South Africa amid crackdown and violence fears
Returns to Zimbabwe, Malawi and other African states combine formal deportations with mostly voluntary repatriations, while children, schools and HIV treatment systems absorb the consequences of a sudden regional movement.