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World Bank estimates Venezuela earthquake damage at $19.6B

World Bank Group highlights urgent need for rapid reconstruction to support economic recovery in country24 July 2026

Hormuz traffic falls as Bab el-Mandeb activity rises

MarineTraffic data shows traffic through Strait of Hormuz fell to just 6 confirmed crossings, down 60% day-on-day24 July 2026

Russian central bank cuts policy rate to 14%, as expected

Central bank lowers 2026 growth forecast to 0-1%, expects inflation at 6-7% by year-end24 July 2026

FACTBOX – What to know about Trump's new tariffs on 60 economies

- Latest trade measures took effect Friday, with tariff rates ranging from 10% to 12.5% and governments responding around the world24 July 2026

Global markets slide amid US’ forced labor tariffs, Middle East clashes

US-Iran military tensions boil over and threaten Red Sea energy corridors, sending Brent crude to nearly $95 per barrel, while Washington implements 10-12.5% tariffs on 60 trading partners24 July 2026

Volkswagen profit slides nearly 10% in Q2 as automaker warns of 2026 revenue decline

German carmaker expects 2026 revenue to decline by up to 3% as tariffs, intense competition and restructuring costs weigh on performance24 July 2026

New US tariffs on 60 trade partners take effect over forced-labor violations

Duties of 10% to 12.5% replace expiring temporary global tariff24 July 2026

US targets 60 countries with tariffs over ‘failure’ to curb imports of goods produced with forced labor

Section 301 investigations result in 10% or 12.5% duties on partners accounting for 99.4% of US imports from investigated economies24 July 2026

US stocks close Thursday in red

AI related concerns and rising geopolitical tensions in Middle East decrease risk appetite in markets24 July 2026

US ambassador says EU creates uncertainty in transatlantic trade

Recent European Commission actions under Digital Markets Act target Android operating system and Google Search, US Ambassador Jamieson Greer says23 July 2026

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