Fed holds key rate at 3.5–3.75% amid accelerating inflation
Fed minutes reveal FOMC voted to keep interest rates at 3.5-3.75%. Inflation risks remain due to AI demand, tariffs, and Strait of Hormuz closure.
News
Global AI Governance Dialogue in Geneva opens with calls for international cooperation and equal access to technology
The UN hosts the first Global Dialogue on AI Governance in Geneva to build global rules, bridge the tech gap, and ensure inclusive benefits of AI development.
Maersk resumes Suez Canal routes, ending three year Africa detour
Shipping giants Maersk and Hapag-Lloyd reroute AE15 service via the Suez Canal after 3 years of Africa detours, signaling a gradual return to Red Sea routes.
Middle East conflict hits European wallets: prices rise as Hormuz crisis unfolds
Middle East conflict and Strait of Hormuz disruptions drive up European retail prices, forcing brands like Next to raise costs on clothing and daily goods.
IEA: global natural gas demand to drop 0.5% in 2026 amid geopolitical tensions and price hikes
IEA report: US-Iran conflict cuts global natural gas demand by 0.5% in 2026 as LNG shipments through the Strait of Hormuz drop, hitting European & Asian markets.
Gurbanguly Berdimuhamedov Received Azerbaijan's Minister of Economy
On July 7, National Leader of the Turkmen People and Chairman of the Khalk Maslakhaty (People's Council), Gurbanguly Berdimuhamedov, met with Mikayil Jabbarov, Minister of Economy of the Republic of Azerbaijan, who was visiting Turkmenistan
The Turkmen-Tajik Business Council in Dushanbe Cements the Growth Trend of Mutual Trade
The second meeting of the Turkmen-Tajik Business Council was held in Dushanbe on July 7. Heads of ministries and agencies, as well as over 35 delegates from the private sector, including representatives of 20 leading Turkmen companies, attended the meeting
NATO summit kicks off in Ankara with tightened security
The NATO summit opens in Turkey amid tight security, internal disputes over the 5% GDP defense spending target, and differing views on US actions against Iran.
Dashoguz Velayat Grain Growers Fulfill State Wheat Procurement Obligations
The main message from a working meeting held on Monday, July 6, via digital communications, chaired by President of Turkmenistan Serdar Berdimuhamedov, was the labor victory of farmers in the northern region of the country
Gurbanguly Berdimuhamedov Gave an Interview to Iran's State Broadcaster IRIB
During his visit to the Islamic Republic of Iran, National Leader of the Turkmen People and Chairman of the Khalk Maslakhaty (People's Council) of Turkmenistan Gurbanguly Berdimuhamedov gave an interview to Iranian Radio and Television Broadcasting (IRIB) journalist Seyed Mohsen Hosseini
Turkmengeology Is Seeking International Contractors for Deep Drilling in the Country's West
The Turkmengeology State Corporation, on behalf of the relevant Commission of the Oil and Gas Complex of Turkmenistan, has announced an international tender to find a technology partner to conduct complex drilling operations at a promising site
Turkmenistan's Ambassador to Bishkek Meets with Kyrgyzstan's Minister of Energy
Turkmenistan's Ambassador to Bishkek, Nury Golliyev, met with Kyrgyzstan's Minister of Energy, Altynbek Rysbekov, on July 6. The working meeting focused on prospects for deepening bilateral cooperation in the energy sector
Experts: external and internal factors shaping US-Iran talks in Doha
Anticipated face-to-face US-Iran talks in Doha reduce to an indirect format via mediators, highlighting deep disagreements and stalled progress toward peace.
Microsoft cuts about 4,800 jobs worldwide
Microsoft announces layoffs affecting 2.1% of its workforce, primarily in commercial sales and Xbox, to streamline operations amid tech sector shifts.
China's warehousing activity index returned to growth territory in June
China's warehousing activity index returned to growth territory at 50.2%, signaling accelerating inventory turnover and smoother economic flows.
