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India likely grew at more than 7% last quarter, a pace most major economies would envy. Yet, that may still be too slow to deliver on Prime Minister Narendra Modi’s dream of a developed nation.

South Korean President Lee Jae Myung announced a Cabinet reshuffle, nominating new faces for positions including finance and defense ministries.

Tariffs alone won’t fix global imbalances. The G20 should use economic “carrots” to de-risk from China without destabilizing it. The post The G20 needs more carrots to rebalance away from China appeared first on Atlantic Council.

US hits Egyptian bank branches with Iran sanctions as war marks six months Reuters

Fed Chair Kevin Warsh says underlying inflation has not meaningfully improved, keeping a September rate hike possible as policymakers assess price pressures.

Iran's navy says it has 'full control' over Strait of Hormuz Reuters

War weighs on Iran's economy as US intensifies sanctions Reuters

Producers say quality of their grapes has been enhanced by this summer’s high temperatures

And what tech, the new black sheep, can learn from it

The assumption that one group must lose for another to gain has become worryingly widespread