TL;DRRussia's Central Bank has reduced its GDP forecast for 2026 to between zero and one percent. This adjustment, announced by Central Bank head Elwira Nabiullina, is accompanied by expectations of higher inflation due to a fuel crisis.
TL;DRAt least 41 people have died in Assam, India, due to severe monsoon floods. The flooding has inundated homes and roads, and rescue teams are searching for survivors.
TL;DRThe chief prosecutor of the International Criminal Court, Karim Khan, has been dismissed following an allegation of sexual abuse. Meanwhile, wildfires are threatening the major city of Bordeaux in southwestern France.
TL;DRA minute of silence was observed in Venezuela to commemorate the victims of an earthquake that occurred one month prior. The disaster resulted in thousands of casualties.
TL;DRThe Russian central bank has lowered its key interest rate to 14 percent to support the economy. At the same time, an increased inflation risk is anticipated.
TL;DRThe village of Sebastia in the Palestinian territories has been designated a World Heritage Site by UNESCO. This decision was made by the responsible committee of the UN organization during a meeting in Busan, South Korea.
TL;DRRussia's war of aggression against Ukraine has become a mutual economic war of annihilation. This has unforeseeable consequences for the global economy.
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