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China prepares package of measures against European companies and goods
Beijing is ready to deploy a broad set of retaliatory measures if the European Union proceeds with restrictions on Chinese companies, Global Times reports. The trigger is Brussels’ plans...
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Lagarde cools market expectations, signals pause until December forecasts
European Central Bank President Christine Lagarde said the bank will not sharply accelerate interest rate increases, favoring a moderate policy stance as the most prudent approach. She made the remarks...
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UK prime minister flags return to EU, criticizes Brexit legacy
British Prime Minister Andy Burnham said the UK should consider rejoining the European Union as part of a review of relations with the bloc, arguing that Brexit “has done more...
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Odds of Fed rate hike before election tops 70% despite historical precedent
Markets are increasingly betting that the Federal Reserve will raise the policy rate again at its meeting in late October. The odds of such a scenario have risen notably over...
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Germany’s Q2 public debt rises again, hitting €2.75tn
Germany’s total public debt rose again, reaching €2.75 trillion at the end of the second quarter of 2026. Preliminary data from the country’s Federal Statistical Office (Destatis) shows that liabilities...
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Iran’s rial tumbles to record low amid ongoing military conflict
On Tuesday, September 29, Iran’s rial plunged to a fresh record low in the open market, trading at about 2.5 million rials to the US dollar. The sharp fall came...
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Bill Gates warns AI could kill up to 1 billion people
Microsoft co‑founder Bill Gates warned that the unchecked development of artificial intelligence could trigger catastrophic events that might cost up to one billion lives. In an interview with...
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Migrants gone, boomers retired: US running out of workers
The US labor market is facing a large‑scale shortage of labor force. Barclays’ analysts warn that official aggregate data hides the real problem. Analysis of macroeconomic data shows that since...
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Political turmoil risks stalling Germany’s recovery and blocking EU decisions
Political turmoil in Germany is mounting. Recent setbacks in regional elections have intensified pressure on Chancellor Friedrich Merz. The Alternative for Germany party (AfD) leads national polls at about 29%...
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Donald Trump and Xi Jinping agree to temporary truce against robots
China and the United States share a joint responsibility for global AI governance. That was the message delivered by CCTV‑affiliated media as it summed up the official outcomes...