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South Africa's official unemployment rate rose 0.9 percentage points to 33.6% in Q2 2026, with the unemployed tally climbing by 345,000 to 8.5 million, Statistics South Africa reported.
S&P Global Ratings has revised the outlook on Georgia's sovereign credit rating to positive from stable, affirming its BB/B long- and short-term ratings, citing robust economic growth, international reserves accumulation, prudent fiscal management, moderate government debt and a stable banking sector.
Germany's inflation rate accelerated to 2.8% in July, up from 2.3% in June and 2.6% in May, according to official data released Wednesday. Destatis president Ruth Brand said energy prices remained the key driver, while economists warned that record-low water levels on the Rhine could add further price pressures.
Libya's oil export revenues exceeded 15 billion U.S. dollars in H1 2026, reaching $15.234 billion against a target of $13.985 billion, according to the Ministry of Economy and Trade. Crude oil production stood at about 246 million barrels versus a 252 million barrel target.
China is set to launch the first international commercial route operated by its homegrown C919 aircraft on Wednesday, connecting Beijing with Ulaanbaatar, capital of Mongolia, operated by Air China. As of Aug. 10, the domestically developed large passenger jet had served 57 routes linking 25 cities and carried more than 7.5 million passenger trips, according to official data.
Saudi Arabia will host the 10th edition of the Future Investment Initiative conference in Riyadh from October 26 to 29, under the theme 'The Power of Legacy,' the Saudi Press Agency reported on Monday. The conference is expected to gather heads of state, investors, policymakers, and business leaders to address global economic and investment priorities.
China's central bank has issued a reform and development plan for 2026-2030 aimed at accelerating high-level financial opening-up, including expanding global use of the renminbi, deepening two-way financial market access, building Shanghai as an international financial center and enhancing Hong Kong's role, along with domestic monetary policy and financial stability measures.
Japan's current account surplus rose 22.5 percent to 17.43 trillion yen (about 110 billion U.S. dollars) in the first half of 2026, the finance ministry said, driven by a 12.8 percent jump in exports led by semiconductors and autos. June alone, however, posted a deficit of 92.3 billion yen — the first monthly shortfall in 17 months.
China's CPI up 0.5 pct in July. BEIJING, Aug. 9 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, rose 0.5 percent year on year in July, official data showed Sunday.
U.S. nonfarm payrolls decreased by a seasonally adjusted 23,000 in July, the Bureau of Labor Statistics reported on Friday.
The average cost of new-build housing in Moscow rose 35.2% year-on-year, approaching 50 million rubles, according to analysts at Metrium and the Osnova group.
France's unemployment rate rose 0.2 percentage points to 8.3% in Q2 2026, its highest level since Q3 2020, the National Institute of Statistics and Economic Studies (INSEE) said on Friday. The number of unemployed rose by 62,000 quarter-on-quarter to 2.7 million, with the rate up 0.7 percentage points year on year.