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Goldman Sachs has lowered its forecast for the yen to 165 yen per dollar and joins a growing number of investors who are increasingly skeptical of the yen, which has already hit its lowest levels since 1986.
Leading OPEC+ members agreed to another moderate increase in oil production quotas for next month. On Sunday, during a video conference, seven countries led by Saudi Arabia and Russia agreed to increase the production target by 188,000 barrels per day. This decision increases the likelihood of rising supply in the market, provided the interim peace agreement between the U.S. and Iran remains in place. Since the start of the military conflict, the alliance has increased its quotas by a total of 940,000 barrels per day—a volume equivalent to nearly 1% of global demand.
Attempts to convert struggling automobile plants into production sites for military drones could end in failure and prove costly to taxpayers. That is the view of Eisaku Ito, CEO of Mitsubishi Heavy Industries.
The NATO summit in Ankara, scheduled for July 7–8, will focus on steps to increase defense spending, as well as the alliance’s efforts in the areas of deterrence and defense. Burhanettin Duran, director of communications for the Turkish presidency, made this statement on Sunday.
In June 2026, the average value of the FAO Food Price Index stood at 130.3 points, down 0.4 points (0.3%) from May. On average, the index for the five food commodity groups tracked remained stable over the past month, as higher global prices for vegetable oils and meat were offset by lower prices for cereals, dairy products, and sugar.
Horse sales in Russia have surged amid the fuel crisis.
U.S. President Donald Trump spoke in Washington on the occasion of the 250th anniversary of the country’s independence, declaring that “the American Dream is back.” In his speech, he spoke about American exceptionalism and U.S. foreign policy successes, and once again criticized his political opponents.
Nearly one in two people in Germany are unsure whether they will be able to continue working until they reach retirement age. This is according to the findings of the “Decent Work Index” study, published by the German Trade Union Confederation (DGB).
Denmark, Sweden, and Finland have opposed a European Commission initiative that proposes allowing only beverages made exclusively from apple or pear juice to be labeled as “cider,” according to the Financial Times.
On U.S. Independence Day, the American leader decided to make a scathing remark directed at his closest allies.
In 2025, Moldova ranked 95th out of 197 countries worldwide in a salary ranking.
In 2025, Latvia’s trade with Russia accounted for 2.6% of the country’s total foreign trade. The Ministry of Economy reported this while commenting on Russia’s decision to temporarily close a number of railway border crossings on the borders with Finland, Estonia, and Latvia, effective July 1.
Indian authorities have launched an investigation following reports of a leak of confidential information from a Tata Group subsidiary that is part of Apple’s supply chain.
China is preparing a major overhaul of its e-commerce law. The new regulations will affect not only marketplaces and online stores, but also the entire platform economy—from delivery services to companies that operate both online and offline.
The EU agreed to open the sixth negotiation cluster, “External Relations,” with Moldova and Ukraine on July 14. All 27 EU member states supported this decision.
Global wheat prices fell by 4.4% in June due to active harvesting and favorable supply prospects for this commodity in the Black Sea region. This is discussed in the June report by the Food and Agriculture Organization of the United Nations (FAO).
U.S. President Donald Trump, speaking in honor of the country’s Independence Day, promised to make America bigger, better, and stronger.
The Global Passport Index 2026 has been published, which ranks the strength of citizenship in 200 countries worldwide based not only on travel freedom but also on investment opportunities and quality of life.
NATO countries were unable to agree on a draft joint statement for the Ankara summit, which will take place on July 7–8. The reason was disagreements among the allies over Ukraine and military infrastructure in Eastern Europe.
The tourism boom in Europe is having an increasingly noticeable impact on the cost of living in cities. A new study shows that in popular tourist destinations, rent is rising not only because of a shortage of apartments or inflation, but also because of the increase in tourist traffic.
