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Middle East
An indefinite halt to trade and financial transactions cuts a major commercial gateway for Iran as missile alarms, tanker attacks and restrictions in the Strait of Hormuz intensify.
Asia
Pacific temperatures could average 2°C above normal and drive severe drought, crop losses, haze and inflation, while governments expand pumps, irrigation, monitoring and water coordination.
India
July inflation moved further above the central bank's 4% target, with food prices rising 5.52%, while the RBI still sees limited evidence that the pressure has spread broadly through the economy.
India
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.
Latin America
The first papal trip to Argentina in nearly four decades will take place as the Catholic Church warns about declining living standards, weaker wages and pensions, and the burden of debt on vulnerable households.
Middle East
Abbas Araghchi spoke twice in 24 hours with Asim Munir and Prince Faisal bin Farhan as regional governments pressed political solutions following a US pause in planned strikes and amid preparations for another Washington-Tehran negotiating round.
Latin America
The peso weakened even as inflation slowed, highlighting a widening gap between Mexico's domestic price signals and the global forces shaping demand for the dollar.
