Fed holds key rate at 3.5–3.75% amid accelerating inflation
Fed minutes reveal FOMC voted to keep interest rates at 3.5-3.75%. Inflation risks remain due to AI demand, tariffs, and Strait of Hormuz closure.
News
Global AI Governance Dialogue in Geneva opens with calls for international cooperation and equal access to technology
The UN hosts the first Global Dialogue on AI Governance in Geneva to build global rules, bridge the tech gap, and ensure inclusive benefits of AI development.
Maersk resumes Suez Canal routes, ending three year Africa detour
Shipping giants Maersk and Hapag-Lloyd reroute AE15 service via the Suez Canal after 3 years of Africa detours, signaling a gradual return to Red Sea routes.
Middle East conflict hits European wallets: prices rise as Hormuz crisis unfolds
Middle East conflict and Strait of Hormuz disruptions drive up European retail prices, forcing brands like Next to raise costs on clothing and daily goods.
IEA: global natural gas demand to drop 0.5% in 2026 amid geopolitical tensions and price hikes
IEA report: US-Iran conflict cuts global natural gas demand by 0.5% in 2026 as LNG shipments through the Strait of Hormuz drop, hitting European & Asian markets.
NATO summit kicks off in Ankara with tightened security
The NATO summit opens in Turkey amid tight security, internal disputes over the 5% GDP defense spending target, and differing views on US actions against Iran.
Experts: external and internal factors shaping US-Iran talks in Doha
Anticipated face-to-face US-Iran talks in Doha reduce to an indirect format via mediators, highlighting deep disagreements and stalled progress toward peace.
Microsoft cuts about 4,800 jobs worldwide
Microsoft announces layoffs affecting 2.1% of its workforce, primarily in commercial sales and Xbox, to streamline operations amid tech sector shifts.
China's warehousing activity index returned to growth territory in June
China's warehousing activity index returned to growth territory at 50.2%, signaling accelerating inventory turnover and smoother economic flows.
Kassym-Jomart Tokayev congratulates Kazakhstanis on Capital City Day
President of Kazakhstan Kassym-Jomart Tokayev extended his official congratulations to the people of the country on the occasion of Capital City Day
Russia will build a unique “Moon test ground” for cosmonaut training
Russia’s Federal Medical-Biological Agency (FMBA) is developing a ground-based analog complex that will fully recreate the conditions found on the Moon’s surface
Number of Phone Lines in Arkadag City Will Be Exceed 7,000
In 2026, the number of fixed-line phone numbers in the city of Arkadag is set to exceed 7,000. Of these, 5,290 are designated for residential subscribers. Furthermore, plans are in place to provide TMCELL mobile communication services to 4,380 users
Europe Is Unprepared for Heatwaves Without Air Conditioning
Europe continues to face anomalous heatwaves that have swept across several countries on the continent this summer
Limited Edition Passports Featuring Trump's Portrait Will Be Issued in the US
Passports featuring a portrait of U.S. President Donald Trump, part of a limited edition series marking the country's 250th anniversary, will begin issuance on July 6
Namibian president arrives in China for state visit
Namibian President Netumbo Nandi-Ndaitwah arrived in Guangzhou for a 7-day state visit to boost comprehensive strategic partnership and trade ties with China.
