AI May Initially Fuel Inflation Before Reducing It — Fed
Artificial intelligence may initially fuel inflation and then contribute to its reduction.
International Energy Agency: Dependence on China in Critical Metals is Growing
At the same time, the IEA noted positive aspects, such as a more than fourfold increase in government financial commitments between 2023 and 2025.
EU freezes price cap on Russian oil for a week due to sanctions delay
Ireland, which currently holds the EU Council presidency, scheduled a new meeting of EU ambassadors for July 22.
US moves closer to permanent daylight saving time as House approves bill
The United States is moving closer to year-round daylight saving time.
Chinese Automakers May Acquire Plants in Germany — Merz Calls It an ‘Emergency Solution’
German Chancellor Friedrich Merz does not oppose Chinese automakers acquiring struggling German car plants.
India and the United Kingdom Begin Implementation of Large-Scale Trade Agreement
The document provides for the reduction of duties on thousands of goods and expands companies’ access to goods and services markets.
German industrial sector lost 177,000 jobs in 2025
This was reported on Wednesday by the Federal Employment Agency of Germany, based in Nuremberg.
US Returned $81 Billion for Trump Tariffs After Supreme Court Ruled Them Illegal
Since the beginning of the current fiscal year, which started in October 2025, the US has paid out $81 billion (£61 billion) in refunds for tariffs.
Trump swaps proposed 20% fee in Strait of Hormuz for investment deals with Gulf nations
Now Trump seeks to conclude trade and investment deals with each of the Persian Gulf countries.
EU Prepares to Introduce Emergency Duties and Quotas on Chinese Imports Due to Sharp Increase in Trade Imbalance
The bloc does not expect Beijing to make structural changes to its economic model.