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Economic activity was flat in most parts of the US since early September, the Federal Reserve said in its Beige Book survey of regional business contacts.

Growth in Russia’s wartime economy has passed its peak after overheating in the first half of the year, according to analysts, even amid robust military production to support the ongoing war in Ukraine.

Germany is trying to cultivate India as a source of trade and geopolitical support as its deteriorating relations with China cast a pall over the country’s economic future.

In Russland halten sich nach Angaben der US-Regierung derzeit Tausende nordkoreanische Soldaten auf. „Was genau tun sie dort? Das bleibt abzuwarten“, sagte US-Verteidigungsminister Lloyd Austin am Mittwoch. Die NATO gab ebenfalls an, „Beweise“ für die Entsendung der nordkoreanischen Soldaten zu haben. Nordkoreas Botschafter in Österreich wurde am Abend ins Außenministerium zitiert.

Catch up: Boeing’s latest crisis continues; Liberals urge Trudeau to resign

Nach dem Anschlag in Ankara mit mindestens fünf Toten hat die Türkei Ziele in Nordsyrien und dem Nordirak aus der Luft angegriffen. Man habe 32 Ziele zerstört, teilte das türkische Verteidigungsministerium laut der staatlichen Nachrichtenagentur Anadolu am späten Mittwochabend mit. „Unsere Luftangriffe werden auf entschlossene Weise fortgesetzt“, so das Ministerium.

The European Central Bank will most likely lower interest rates by another 25 basis points this year even as upside inflation risks linger, said Governing Council member Robert Holzmann.

Russian President Vladimir Putin said the newly expanded BRICS group showed that a “multipolar world” is being created, in a challenge to the US-dominated global order.

The world economy is set to rely even more heavily on the BRICS group of emerging economies to drive expansion, rather than their wealthier Western peers, according to the International Monetary Fund’s latest forecasts.

The recent retreat in consumer-price growth and the weakening of economic activity call for further interest-rate cuts by the European Central Bank, according to Governing Council member Fabio Panetta.

The European Central Bank has room to lower borrowing costs further as inflation approaches its target but must pay close attention to upside risks, according to Governing Council member Christodoulos Patsalides.

Beijing’s latest blitz of economic policy measures is designed more to mitigate risks than to provide broad stimulus in the near term, according to Haibin Zhu, chief China economist at JPMorgan Chase & Co.

Blackstone Inc. Chief Executive Officer Steve Schwarzman said the US is likely to avoid a recession regardless of who wins the presidential election, as both candidates have policy proposals that appeal to growth.

An increasingly dire euro-area economy might exacerbate slowing consumer-price growth, according to European Central Bank Governing Council member Olli Rehn.

Chinese President Xi Jinping and Indian Prime Minister Narendra Modi both praised expanding relations with Russia at bilateral meetings with President Vladimir Putin on Tuesday.

Goldman Sachs Group Inc. said the euro could drop as much as 10% versus the dollar if Donald Trump and the Republicans win next month’s US elections and enact high global tariffs and generous domestic tax cuts.

The number of layoffs at troubled Swedish battery maker Northvolt AB is now at around 1,200 following an announcement from the IF Metall union that more than 800 of its members will be let go from the firm’s key manufacturing site.

Russia’s role in the European Union’s liquefied natural gas market is growing, even as the bloc weighs how to clamp down on supplies from the nation.

The European Central Bank must be agile with further interest-rate cuts to avoid the risk of acting too slowly, according to Governing Council member Francois Villeroy de Galhau.

China should issue 2 trillion yuan ($281 billion) of special government bonds to help create a market stabilization fund, according to a top government-linked think tank.

Central bankers are concerned that Donald Trump will unleash a new trade war if he returns to the White House, making their job much harder.

The direction of European Central Bank borrowing costs is clear but the pace at which they’ll be lowered is still to be decided, according to President Christine Lagarde, who didn’t rule out bigger moves.

The International Monetary Fund lowered its global growth forecast for next year and warned of accelerating risks from wars to trade protectionism, even as it credited central banks for taming inflation without sending nations into recession.

Über das Vermögen des Wiener Immobilienentwicklers Lukas Neugebauer rund um die LNR-Gruppe ist am Handelsgericht ein Konkursverfahren eröffnet worden. Laut vorläufiger Gläubigerliste sind 32 Gläubiger mit Gesamtverbindlichkeiten in Höhe von 94 Millionen Euro betroffen.

Over 100 countries are straddling the geopolitical fault line. For many, it’s working

Federal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue cutting interest rates to guard against further weakening in the labor market.

Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given uncertainty about how low the US central bank should ultimately cut rates.

Federal Reserve Bank of Minneapolis President Neel Kashkari repeated that he favors reducing interest rates at a slower pace in the coming quarters.

Colombia became the latest Latin American country to raise tariffs on Chinese steel, as producers complain of the threat to local jobs from cheap imports.