July 30, 2026 Global oil markets witnessed a sharp surge as crude prices climbed more than 7%, with Brent crude crossing the $90-per-barrel mark following a dramatic escalation of tensions across the Middle East. The latest developments involving Iran, U.S. military operations in Iraq, and renewed threats to commercial shipping in the Strait of Hormuz...
Tag: Global Economy
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U.S. Federal Reserve Holds Interest Rates Steady, Signals Data-Driven Path Ahead
Washington, D.C. | July 30, 2026 In a closely watched decision that has drawn global attention, the U.S. Federal Reserve has kept its benchmark interest rates unchanged for the fifth consecutive meeting, underscoring its cautious approach as inflation, employment, and geopolitical uncertainties continue to shape the American economy. The Federal Open Market Committee (FOMC) maintained...
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U.S. Adjusts Hong Kong Sanctions Policy While Maintaining Strategic Pressure on China
18 July 2026 WASHINGTON, D.C. — The United States has announced a significant adjustment to its Hong Kong sanctions framework by allowing a previous national emergency declaration related to Hong Kong to expire while keeping broader restrictions under existing U.S. law in place. The move reflects Washington’s effort to modernize its sanctions policy without...
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United States and United Kingdom Deepen Partnership to Advance Digital Assets and Capital Markets
Washington, D.C. | 17 July 2026 The United States and the United Kingdom have unveiled a new set of recommendations aimed at strengthening cooperation in digital assets, financial technology, and modern capital markets. The initiative seeks to enhance cross-border investment, encourage responsible innovation, and reinforce the global competitiveness of both nations’ financial sectors. The recommendations...