Putin Hosts Myanmar Leader, Signals Deeper Energy Ties
Putin hosted Myanmar's Min Aung Hlaing in Moscow, discussing energy projects and defence cooperation amid Western sanctions.
Economy
Chile GDP Shrinks as Copper Slump Weighs on Economy
Chile's economy contracted 0.2% in Q2 from a year earlier, missing growth forecasts, as lower copper production hit the mining sector.
Fitch warns Colombia's fiscal deficit could hit 7% of GDP in 2026
Fitch projects Colombia's fiscal deficit near 7% of GDP in 2026, with earthquake spending adding further pressure.
Guyana's oil revenue share jumps to nearly 40% after cost recovery
Guyana's share of crude output from the Stabroek block rises to 39.8% after Exxon-led consortium recovers $55 billion in costs.
Colombia's Q2 GDP Grows 3.5%, Strengthening Case for September Rate Hike
Colombia's economy grew 3.5% year-on-year in Q2, driven by public spending and services, boosting expectations of a central bank rate hike in September.
Russia shifts Kazakh oil exports to Black Sea to boost Baltic capacity
Russia plans to reroute Kazakh crude exports from Baltic to Black Sea from late August through September, freeing capacity for Russian oil.
Carney-Trump call fails to break tariff impasse as deadline looms
Canada and the US remain at odds over new tariffs and auto-sector rules ahead of a Wednesday deadline.
Trump Rules Out Iran Talks as Hormuz Shipping Dispute Deepens
Trump says no talks with Iran are planned and Hormuz is open; Tehran disputes this, and a vessel was hit in the strait.
Global bond yields hit multi-year highs as debt and inflation fears mount
Long-term government bond yields in major economies have surged to multi-year highs, driven by high debt, inflation worries, and geopolitical tensions.
Trump Threatens to Bomb Oman Over Iran Shipping Deal
US President Trump threatened to bomb Oman over its proposed shipping deal with Iran, as tensions rise in the Strait of Hormuz.
US-Canada Trade Truce Talks Intensify as Tariff Deadline Looms
Washington and Ottawa race to avert new 50% tariffs on Canadian goods, while Gaza ceasefire and Korea drills add to global tensions.
Seoul Denies Semiconductors Lead US Investment Plan
South Korea's ministry refutes reports that semiconductors are the first project under its US investment commitments, as talks continue in Washington.
Iran Says Strait of Hormuz Stays Closed Until US Meets Demands
Iran's parliament speaker says the Strait of Hormuz will remain closed until the US fulfills all commitments, including lifting sanctions and the blockade.
China's Coal-Fired Power Output Drops in July as Hydropower Surges
China's thermal power output fell 3.5% in July, its first decline this year, as heavy rains boosted hydropower and renewables.
Zambia's Hichilema Re-election Offers Continuity, But Growth Is the Next Test
Hichilema's re-election gives Zambia policy continuity. Investors now watch for a new IMF deal and faster growth.
Germany's 2026 grain harvest seen down 7% on dry spring, heatwave
Germany's 2026 grain harvest is forecast to fall 7% to 41.9 million tonnes after a dry spring and June heatwave, with rapeseed down 20%.
Projectile Strike Damages Ship in Strait of Hormuz, Crew Member Hurt
A vessel was hit by a projectile in the Strait of Hormuz, damaging its engine room and injuring a crew member, as regional tensions persist.
Japan's 10-Year Bond Yield Nears 3% for First Time in Decades
Japan's 10-year bond yield hits 2.945%, highest since 1996, as inflation and fiscal worries mount.
Chinese State Shippers Reroute Oil Tankers Around Gulf Chokepoints
Chinese state shippers are avoiding Middle East chokepoints, loading oil via ship-to-ship transfers outside the Gulf amid conflict.
China Bids Farewell to Zhu Rongji, Architect of Economic Reforms
China cremated former Premier Zhu Rongji with full honors, as citizens weighed his transformative but painful economic legacy.