Italian authorities tightened security as cost-of-living protests reached retail districts and transport hubs, with nine arrests and 371 preliminary detentions.
CENTCOM said a U.S. fighter disabled the M/V Ocean Molica, while UKMTO reported a separate tanker fire in the Strait of Hormuz.
Merz says unconditional transatlantic friendship may be over, highlighting defense spending, trade risks and Germany’s 2026 growth outlook.
The Fed raised rates by 25 basis points to 3.75%-4%, its first hike in three years, citing inflation and drawing criticism from Donald Trump.
The House cleared debate on a Graham sanctions bill that could authorize 100% tariffs on major buyers of Russian oil and gas.
Mass protests across Germany followed AfD’s Saxony-Anhalt win, adding a political-risk signal for investors watching Europe’s largest economy.
Houthi forces captured Yemen’s port city of Mocha, increasing market concern over Bab el-Mandeb shipping risks and potential oil price pressure.
Russia's oil product production index fell nearly 22% in June year-over-year amid significant refinery disruptions and slower fuel price growth.
Fuel prices in Crimea nearly doubled in early July amid Russia's domestic supply shortages and export restrictions, with prices rising 78.4% on average for the week.
Senior Kremlin officials warned President Putin against harsher internet restrictions amid economic losses and rising public dissatisfaction in Russia.
Uzbekistan’s meat imports surged 62.8% in early 2026 amid slowing local production and rising global prices, pushing domestic meat costs higher.
Oxfam reveals a 56% rise in CEO pay among Germany’s DAX 40 firms since 2019, while worker wages lag behind inflation and social inequality grows amid economic pressures.
The Central Bank keeps the key rate at 14% citing persistent inflation in food prices and external risks, despite overall inflation easing in early 2024.