Russia and the African Union Commission have agreed on the need to reform the UN Security Council to better represent Africa. They emphasized addressing historical injustices and ensuring fair representation in global decision-making.
Institutional real estate investments in India rose 70% year-on-year to $2.9 billion in Q2 2026, reaching a six-year high. Domestic and foreign investors favored office and mixed-use segments, with ADIA and CPPIB making major investments.
Housing sales in India's top nine cities rose 19% year-on-year to 112,458 units in April-June, despite global economic uncertainties. New residential supply increased 43% to 117,609 units. Bengaluru led growth, while Delhi-NCR and Kolkata saw declines.
Yonhap News Agency held its annual Korean Peninsula Symposium in Seoul, focusing on security policy amid weakening alliances and economic security challenges. Key figures discussed North Korea's nuclear issue, pragmatic diplomacy, and strengthening the South Korea-U.S. alliance.
Yonhap News Agency held its annual Korean Peninsula Symposium in Seoul, focusing on security policy directions amidst weakening alliances and economic security challenges. Key figures discussed approaches to North Korea, pragmatic diplomacy, and industrial growth, with U.S. representatives emphasizing the alliance.
National Security Adviser Ajit Doval met Iran's Deputy Secretary for Defence Affairs Ghadir Nezamipour in New Delhi. Discussions focused on the Middle East security situation, BRICS cooperation, and bilateral ties, held on the sidelines of the 16th BRICS National Security Advisers’ Meeting.
Korean battery makers are accelerating their push into the US energy storage system (ESS) market, seeking breakthroughs amid global challenges like reduced EV subsidies and demand slowdown. The US ESS market, driven by AI-driven data center growth and a de-Sinicization trend, presents a significant opportunity for Korean firms with local production capabilities.
German Chancellor Friedrich Merz criticized the European Commission's proposed long-term budget (2028-2034) as "far too high" and called for a new proposal. EU leaders in Brussels also discussed support for Ukraine, including military aid and fast-track membership, and global economic challenges, agreeing to extend sanctions on Russia for 12 months.
Russian President Vladimir Putin met with Singapore Prime Minister Lawrence Wong on the sidelines of the Russia-ASEAN Summit. They discussed coordinating efforts to combat common challenges, specifically highlighting international information security as an area where they have much to offer each other.
Finance Minister Nirmala Sitharaman defended the Modi government's economic record against Rahul Gandhi's criticism, highlighting India's growth amid global challenges and accusing Gandhi of undermining national achievements. She cited poverty reduction, infrastructure development, and digital progress as key successes.
Japanese researchers have formed the "International Order Research Group" to analyze global issues like great power competition and multipolarization. The group aims to counter the decline of democracy and rise of authoritarianism, discussing democracy's value and Japan's future direction.
Germany is competing for a non-permanent seat on the UN Security Council, highlighting its financial contributions and commitment to international law. However, critics point to perceived double standards regarding the Israel-Gaza conflict and the UN's diminishing influence.
Germany is campaigning for a non-permanent seat on the UN Security Council, emphasizing its financial contributions and experience. However, it faces competition and criticism over perceived double standards regarding international law, particularly concerning the Israel-Gaza and Ukraine conflicts. Security Council reform remains unlikely.
Seoul and African nations agreed to boost cooperation on economic growth, trade, infrastructure, technology, food security, and critical minerals. The joint statement also emphasized collaboration on climate change, health, peace, security, and people-to-people exchanges.
Italian export shows resilience with a 7.4% increase in March, but global uncertainty requires a united approach. Initiatives like the "Osservatorio Giappone" and the "Expand" platform aim to support businesses in international markets.
Italy's Ministry of Tourism (MiTur) expects a 2% rise in arrivals and a 4% increase in tourist spending for 2026, despite international crises. A €45 million campaign aims to boost organized travel.
The rare Bundibugyo Ebola strain outbreak in Congo and Uganda highlights global disease surveillance weaknesses, even after COVID-19. Experts warn of challenges due to the lack of a strain-specific vaccine and fragile healthcare systems, emphasizing the need for rapid detection and international cooperation.
India's Commerce Minister Piyush Goyal urged businesses to increase productivity and view global challenges as opportunities, advising against panic over imports or the West Asia crisis. He emphasized leveraging Free Trade Agreements to boost exports and attract investment, aiming for $1 trillion in annual exports.
South Korean President Lee Jae-myung and Japanese Prime Minister Fumio Kishida held their fourth summit in seven months, emphasizing the need for bilateral cooperation amid global challenges like the Iran war and supply chain instability. Experts believe the positive trend in bilateral relations will continue.
South Korean Minister Lee visited Japan, meeting with Takaichi. The meetings marked the first time sitting leaders visited each other's hometowns, highlighting the strong friendship between Korea and Japan. Bilateral cooperation is deemed crucial due to global instability.
PM Modi addressed the Indian diaspora in The Hague, highlighting India's tech-driven transformation and urging them to participate in its development journey. He also warned of global challenges like pandemics, wars, and energy crises potentially pushing populations into poverty.
President Trump arrived in Beijing for high-level talks with President Xi to address trade tensions, AI regulation, and strategic competition, accompanied by a delegation of major U.S. business leaders.
South Korean President Lee Jae Myung and U.S. Treasury Secretary Scott Bessent reaffirmed deep trust and cooperation during their meeting in Seoul, focusing on economic growth, critical minerals, and the U.S.-Korea investment agreement amid challenging international circumstances.
Indian companies are demonstrating steady earnings despite global headwinds, with consumption stocks outperforming while auto and IT sectors lag. High crude oil prices pose a significant risk to future earnings.
