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Last update : 06 October 2026, Tuesday / 10:47

D-8 chief tours TEKNOFEST tech pavilions in Sanliurfa, Türkiye

D-8 Secretary-General Ambassador Sohail Mahmood attended TEKNOFEST, Türkiye's flagship technology festival, in Şanlıurfa from September 30 to October 4, joining President Recep Tayyip Erdoğan's address and meeting senior Turkish officials and defence-industry leaders. The Secretary-General called for deeper D-8 cooperation in technology and artificial intelligence, praising the event's million-plus turnout and Türkiye's growing technological capacity.

06 October 2026

World Economy

Euro falls to 19-month low on French fiscal, political risks

The euro fell to its lowest level against the US dollar since March 2025 on Monday as concerns over France's fiscal outlook and political uncertainty ahead of the 2027 presidential election weighed on investor sentiment and widened the spread between French and German bond yields.

05 October 2026

World Economy

IEA chief says over 80% of emergency oil stocks already released

International Energy Agency Executive Director Fatih Birol told G7 leaders on Friday that more than 80% of the emergency oil stocks pledged in March have already been released, as the group agreed to an additional 100 million barrel release over four months to ease supply pressures from the Strait of Hormuz crisis.

04 October 2026

World Economy

Trump says Europe to release 'massive amount' of diesel oil

US President Donald Trump announced on Friday that European nations have agreed to release a "massive amount" of their heavily stocked diesel oil reserves, stating that the process would begin immediately following his Thursday suggestion that such action could help bring down fuel prices.

03 October 2026

World Economy

G7 to release 100M barrels from emergency reserves over four months

G7 leaders agreed on Friday to immediately begin a coordinated release of 100 million barrels from emergency oil reserves over four months in response to surging prices and growing volatility in global energy markets, according to a statement issued after a virtual meeting.

03 October 2026

World Economy

Global industrial robot stock crosses 5 million mark

The International Federation of Robotics reported that global operational robot stocks rose 9% to exceed 5 million units last year, with installations climbing 11% to over 600,000 as artificial intelligence developments and supply chain reshoring accelerate factory automation adoption worldwide.

03 October 2026

Europe

EU current account surplus falls to $90 billion in Q2

The European Union's current account surplus shrank to €80.2 billion ($90 billion) in the second quarter of 2026, representing 1.6% of bloc GDP and marking a significant decline from the €98 billion surplus recorded in the first three months as goods exports weakened, according to official data released on Friday.

02 October 2026

America

Trump says he may ask Europe to release diesel reserves

US President Donald Trump said Thursday that he may ask European countries to release portions of their diesel reserves to help reduce fuel prices, warning that energy costs could drop sharply once the conflict with Iran ends and vowing that Tehran will never acquire nuclear weapons.

02 October 2026

America

Trump eyes European diesel reserves to cut fuel prices

US President Donald Trump said Thursday he may request that European nations release emergency diesel stockpiles to help lower global fuel prices, predicting that energy costs will plummet once the conflict with Iran concludes and claiming the US Navy currently controls transit through the Strait of Hormuz.

02 October 2026

World Economy

Corn, soybean prices surge as Hormuz closure squeezes fertilizer supply

Agricultural commodity prices have climbed sharply amid a global fertilizer supply crunch triggered by Middle East tensions and the de facto closure of the Strait of Hormuz, with analysts warning that persistently high input costs threaten farm yields and food security worldwide.

01 October 2026

America

Trump weighs diesel export ban, warns on gasoline prices

US President Donald Trump said Wednesday he is considering a ban on diesel exports but cautioned that such a move could increase gasoline prices, even as his administration works to alleviate supply shortages caused by disruptions at Russian refineries amid the ongoing war in Ukraine.

01 October 2026

World Economy

Brent crude tops $100 as US-Iran war fuels supply fears

International benchmark Brent crude surged above $100 per barrel on Thursday as uncertainty over Washington-Tehran negotiations clouded prospects for stable Middle East energy supplies, with investors weighing tentative signs of regional crude recovery against the risk of prolonged disruption to the strategic Strait of Hormuz.

01 October 2026

World Economy

German chancellor vows gradual reforms despite coalition tension

German Chancellor Friedrich Merz told business leaders in Berlin on Wednesday that his government would press ahead with gradual structural reforms despite coalition disagreements over pension changes and labor market rules, citing improved growth forecasts driven by debt-funded infrastructure investments.

01 October 2026

World Economy

US 10-year Treasury yield hits 24-year high on inflation fears

The yield on the benchmark US 10-year Treasury note climbed to its highest level since May 2002 on Wednesday, reaching 5.306% in intraday trading as persistent inflation concerns and worries over heavy government debt continued to pressure global bond markets despite softer-than-expected consumer price data.

30 September 2026

Europe

Macron urges EU trade defenses as China 'floods' European market

French President Emmanuel Macron called Wednesday for stronger European trade defenses and investment, warning that China has "completely flooded" the continent's market while the EU runs a "€1 billion daily" trade deficit with Beijing.

30 September 2026

World Economy

Global markets mixed as US Treasury yields hit multi-year highs

Global equity markets traded mixed on Tuesday as US Treasury yields climbed to multi-decade peaks, with the 10-year rate touching 5.3% and investors positioning for crucial gross domestic product and inflation data expected to shape Federal Reserve policy decisions in the coming months.

30 September 2026

Europe

EU paid extra $113B for energy without added supply: Commissioner

Dan Jorgensen said the European Union has paid more than €100 billion ($113 billion) in additional energy costs this year without receiving any extra gas or oil, warning that the bloc remains dangerously exposed to global price shocks despite moving away from Russian supplies.

30 September 2026

America

US ban on $1B of Canadian imports takes effect

Washington's ban on roughly $1 billion worth of Canadian goods, including alcohol, dairy and motor vehicles, came into force Tuesday. Ottawa has retaliated with fresh tariffs on selected US products, deepening a trade dispute between the two long-standing allies and trading partners.

29 September 2026

World Economy

D-8 chief visits Moscow to boost Eurasian trade cooperation ties

D-8 Secretary-General Ambassador Sohail Mahmood held a series of high-level meetings in Moscow with the Eurasian Economic Commission and senior Russian officials, exploring new trade and economic cooperation avenues between the D-8 and the Eurasian Economic Union. During the visit, he was also awarded an honorary doctorate by the Russian Academy of Sciences' Institute of China and Contemporary Asia, recognizing his contribution to international cooperation.

29 September 2026

World Economy

Gold slides as oil surge and Fed rate path weigh on markets

Gold opened the week sharply lower, falling 2.6% to $4,170 an ounce as rising crude prices fueled inflation worries and reinforced expectations of tighter Fed policy, while investors monitored the Strait of Hormuz standoff and upcoming interest rate decisions.

28 September 2026

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