Ukraine is in talks with Turkey, Egypt and India on the possibility of opening up Black Sea civil navigation, particularly for agriculture exports, Ukraine’s President Volodymyr Zelenskyy said.
Reserve Bank of Australia Assistant Governor Christopher Kent reaffirmed the monetary authority’s view that the A$8.5 billion ($5.9 billion) accounting loss recorded for last fiscal year does not hurt its operations.
A pickup in UK inflation to a nine-month high in data this week is likely to set the stage for key decisions from the upcoming budget to a likely interest-rate increase.
Bank of Canada Governor Tiff Macklem said he’s seeing more evidence that higher oil prices are supporting economic growth in Canada, and expects the bank will have a higher inflation forecast at the end of the month.
The US government’s debt interest burden reached a record high for fiscal 2026, eating up a growing share of federal revenue and risking a snowballing of borrowing that could leave the country more vulnerable to economic shocks.
Inflationary pressures are mounting in the US, with fresh consumer and wholesale price data indicating costlier fuel is filtering through into higher prices for other goods and services.
European Central Bank officials are preparing to finish 2026 with a third interest-rate increase, the last before an increasingly complex backdrop overshadows decisions next year.
Britain received unexpected praise for its fiscal restraint at the International Monetary Fund’s annual meetings in Bangkok this week. While welcome, the fund’s support puts an even brighter spotlight on Chancellor of the Exchequer John Healey ahead of his debut budget in two weeks’ time.
European Central Bank President Christine Lagarde stressed the importance of sound public finances when she addressed ministers in charge of budgets from around the world in Thailand.
The US federal budget deficit widened to nearly $2 trillion for the 2026 fiscal year, serving as a fresh reminder of the scale of government borrowing needs and leaving the nation on track for a record high debt burden in coming years.
US factory output rebounded in September after slipping a month earlier, consistent with an upswing this year in manufacturing largely tied to capital investment.
Polish President Karol Nawrocki asked the prime minister to sign off on delayed appointments to the central bank’s management board in an attempt to break a political standoff that threatens to cripple the institution.
Brazil activity rose modestly in August, underscoring the loss of momentum in Latin America’s biggest economy as voters prepare to choose their next president.
