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Russians are spending more on food as non-food expenditures decrease. This trend is evident in rising food spending shares at shopping centers and among city dwellers, while demand in areas like beauty, health, and electronics is declining.
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Turkey has raised its inflation forecast for the end of the year to 28.4%. The Middle East war is cited as the main reason for the adjustment, with estimated impacts of around seven percentage points on inflation.
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US special envoy Kushner and son-in-law Witkoff departed Kyiv after talks with President Zelenskyy. Zelenskyy expressed pessimism about an imminent peace settlement with Russia, emphasizing the need for further support if the war continues into winter.
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AI-generated
US Special Envoys Witkoff and Kushner held talks in Kyiv and Moscow regarding the end of Russia's war against Ukraine. While there was cautious optimism, no breakthrough was achieved. President Putin expressed confidence in reaching his military objectives.
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Two luxury apartments in London, allegedly owned by Mojtaba Khamenei through a straw man, are being auctioned due to missed mortgage payments. The straw man, Ali Ansari, was sanctioned for misusing Iranian public funds and financing the Iranian Revolutionary Guard.
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Initial consultations on ending the Ukraine war in Kyiv, involving national security advisors from Great Britain, France, and Germany, were described as encouraging. US special envoys discussed concrete steps for peace efforts with President Putin in Moscow.
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Israeli Prime Minister Benjamin Netanyahu described Qatar as a "hostile state," while emphasizing the emirate does not dictate Israeli decisions. Qatar also contradicted Iran regarding the portrayal of Iranian attacks on Qatari territory.
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US envoys Jared Kushner and Steve Witkoff visited Kyiv, leading to an overnight ceasefire in the capital. Meanwhile, Russia continued attacks on other Ukrainian cities and discussed military objectives with the US.
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US negotiators Jared Kushner and Steve Witkoff traveled to Kyiv after talks in Moscow to negotiate an end to the Russian war of aggression. Their arrival was by train after a planned flight was canceled due to the closed Ukrainian airspace.
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US envoys met with Vladimir Putin in Moscow and are traveling to Kyiv to advance a peace initiative. Both sides discussed concrete next steps to end the war in Ukraine. Ukraine agreed to suspend attacks, while Russia is confident it can conquer eastern Ukraine.
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