Economic policy
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Commodities & Energy
UN report warns small businesses face greater risks from Ormuz strait disruptions than large firms
Small and medium enterprises bear heavier costs from the conflict near the Strait of Hormuz. Global oil prices rose back to mid-July levels after months of calm.
Technology
Taiwan plans additional $20 billion chip investment in the United States, signaling tech diplomacy efforts
Taiwan officials highlighted global expansion and new semiconductor production targets during a recent trade fair, emphasizing democratic values while navigating pressure from China and the United States.
Business
Canada imposes C$28bn tariffs on US goods amid stalemate
Canadian counter-tariffs on nearly $20 billion of American products took effect without a renewed trade deal in sight. Prime Minister Mark Carney remains open to a durable agreement, while US officials urge Canada to negotiate.
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Business
European Central Bank raises rate to 2.50% as inflation hits 3% by 2026
Policy & Regulation
India to push for Brics central bank digital currency interconnection at September summit
Policy & Regulation
Dele Alake says Tinubu risks re-election to fix Nigeria's damaged economy
Central Banks