Fiscal policy
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Eurozone GDP rises 0.6% in Q2 2026, revised up from initial forecast
Revised data shows the Eurozone economy grew by 0.6% in the second quarter of 2026, beating previous expectations and marking a shift after a flat start to the year.
National Bank of Kuwait acquires 13 million-dollar stake in Saudi Arabports for 10% share
National Bank of Kuwait is buying a 10% share in Saudi Arabia's largest port company for $13 million, while the UK faces its first budget debate.
Turkey raises inflation forecast to 28.4% citing Middle East war impact
Turkey's Vice President Cevdet Yilmaz revised the year-end inflation projection upward to 28.4% due to rising global conflict costs, while UK Chancellor John Healey argues fiscal discipline remains essential despite bond market volatility.
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STF Ministers Demand Urgent Intervention as Presidential Authority Under Scrutiny
UK sells £4.25 billion of 30-year gilts at record yield of 5.8168%
Sterling gains 1.6% against the euro year-to-date despite new UK government