Norway trims gas exports ahead of winter as fields undergo maintenance
Norway's gas exports will drop about 20% through September due to planned maintenance, with a separate field outage lasting until February.
Economy
African Union to Launch Continental Credit Rating Agency in October
The African Union will launch its own credit rating agency on October 5 in Mauritius, seeking fairer assessments for African economies.
Trump says time to teach Canada a trade lesson after talks collapse
Trump says it's time to teach Canada a lesson after trade talks broke down, with both sides imposing matching tariffs.
US GDP growth eases to 1.5% in Q2 2026 as price pressures firm
US GDP grew at a 1.5% annual rate in Q2 2026, down from 2.1% in Q1, as inflation measures were revised upward.
Canada Hits Back With $20 Billion in Retaliatory Tariffs as Trade War Deepens
Canada imposed retaliatory tariffs on $20 billion of US goods, escalating the trade war and threatening a key alliance.
US GDP Growth Slows to 1.5% in Q2 as Consumer Spending Stays Robust
US GDP grew at a 1.5% annual rate in Q2, down from 2.1% in Q1, as a surge in imports offset strong consumer spending.
US Inflation Holds at 3.7% in July as Fed Weighs Next Move
US inflation stayed at 3.7% in July, with core prices steady at 3.3%, keeping pressure on the Federal Reserve.
Merz vows 1% growth next year as coalition pushes back on infighting claims
Chancellor Merz pledges at least 1% GDP growth in 2026, citing reforms and better data, as coalition leaders deny internal friction.
Czech lawmakers override veto to ease budget deficit limits
Czech lower house overrides presidential veto, approving a bill that relaxes budget deficit rules and expands government spending capacity.
Iran and Oman Strike Deals on Strait of Hormuz Revenue Share
Iran and Oman have finalized agreements on their share of the Strait of Hormuz and its revenues, the Revolutionary Guards announced Wednesday.
Danube port logjam strands dozens of grain ships as Ukraine exports slow
Up to 70 ships are queued at the Danube's Sulina Canal, as bottlenecks and weather delays slow Ukraine's vital grain exports.
Japan Unveils Energy Resilience Plan to Cut Hormuz Dependence
Japan's new energy plan supports Hormuz-bypass pipelines, diversifies crude imports, and boosts nuclear and renewables.
Melenchon's Debt Cancellation Plan Draws Sharp Rebuke From French PM
Jean-Luc Melenchon's proposal to cancel French debt held by the central bank has triggered a fierce political backlash, with the PM warning of investor panic.
Warsh's Jackson Hole debut leaves markets guessing on inflation path
At Jackson Hole, investors hope Fed Chair Kevin Warsh will clarify his inflation strategy and the bond market's role in tightening policy.
Canadians Rally Behind Retaliatory Tariffs, Brace for Economic Pain
Canadians support retaliatory tariffs on US goods despite fears of economic impact, while US tourists decry rising costs.
Trump's Fed Reshaping Hopes Hinge on Court Battles and Board Vacancies
Court fights and Senate resistance have stalled Trump's Fed removals, but board vacancies and pending cases could still shift the balance.
Russia's NKHP grain terminal may take four months to repair after drone attack
NKHP grain terminal at Novorossiysk could need up to four months for repairs after a Ukrainian drone attack, halting most Black Sea grain shipments.
Brazil's Election: Divergent Politics, Convergent Debt Trajectory
Analysis shows Brazil's debt will likely keep rising under either presidential candidate, with fiscal reforms seen as difficult and insufficient.
German prosecutors probe bankers over brothel financing
Cologne prosecutors are investigating three Volksbank Koeln Bonn employees over a loan financing one of Europe's largest brothels, with bribery and breach-of-trust allegations.
European shares steady as investors await Nvidia results, oil slips on Hormuz hopes
European shares were little changed as markets braced for Nvidia's earnings and a US inflation report, while oil prices fell on hopes of Strait of Hormuz reopening.