Poland Negotiates Patriot Air Defense Production
Poland is negotiating with the US to relocate part of its Patriot air defense production locally to address high European demand and manufacturing constraints.
Economy
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Armenia Railway Concession Sale Could Reach $400M
Prime Minister Nikol Pashinyan suggests Russia could sell the South Caucasus Railway concession to improve Armenia's international integration.
Trump Trade Agenda Boosts American Auto Industry
Major automakers are shifting production back to the United States, citing new trade policies that prioritize domestic manufacturing and supply chain security.
Trump to Suspend Canadian Trade Duties for 3 Days
President Donald J. Trump has issued a proclamation to suspend Canadian trade duties on alcoholic beverages, dairy, and motor vehicles for three days.
FAO Food Price Index Edges Higher in July 2026
The FAO Food Price Index reached 131.1 points in July 2026, rising 0.6 percent as heatwaves and energy costs pushed up cereal and sugar prices…
Iran Economic Crisis: Food Theft and Inflation
Reports of Iranians stealing basic groceries highlight a severe economic crisis, with food inflation exceeding 112% and the national currency in decline.
BP delivers equipment to Shafag solar project
BP has delivered the first electrical equipment to the Shafag solar project site in Jabrayil, marking a key step in Azerbaijan's renewable energy development.
US Imposes New Quartz Surface Products Tariffs
The President has implemented a four-year tariff-rate quota on quartz surface products to protect the domestic industry from serious injury caused by imports.
YouTube Monetization Policy Update for AI Content
YouTube has updated its monetization policy to restrict AI-generated inauthentic content, including repetitive videos and AI personas discussing sensitive topics.
Apple Sues OpenAI Over Trade Secret Theft
Apple has filed a lawsuit against OpenAI in California, alleging trade secret theft and breach of contract regarding the development of new hardware products.
Türkiye, Pakistan Reaffirm $5 Billion Trade Goal
Turkish President Erdoğan and Pakistani PM Sharif met in Istanbul to reaffirm their commitment to increasing bilateral trade turnover to $5 billion.
