World--China Economic Net

The death toll from a magnitude-7.4 earthquake that struck western Colombia on Monday has risen to 132, with more than 570 others injured, the Colombian government said in its latest update.

Ukraine reaches deal with U.S. on monthly deliveries of interceptor missiles: Zelensky2026-08-09
Ukraine has reached an agreement with the United States on monthly deliveries of interceptor missiles for the Patriot air defense system, although the supply remains insufficient, Ukrinform news agency reported Saturday, citing Ukrainian President Volodymyr Zelensky.

Iranian President Masoud Pezeshkian has reaffirmed the country's commitment to pursuing dialogue for safeguarding its rights while highlighting that Tehran will not be forced to surrender.2026-08-08
The UN Children's Fund (UNICEF) is taking action against an employee over allegations that he spied for Israel in his previous UN job, a UN spokesman confirmed Friday.

Iran's president says Tehran favors dialogue, but won't be forced to surrender2026-08-08
Iranian President Masoud Pezeshkian has reaffirmed the country's commitment to pursuing dialogue for safeguarding its rights while highlighting that Tehran will not be forced to surrender.

U.S. appeals court blocks Trump's 400-mln-USD White House ballroom project2026-08-08
A divided federal appeals court in Washington ruled on Friday that U.S. President Donald Trump is unlawfully constructing a massive 400-million-dollar new ballroom at the White House, while pausing the ruling for 14 days to allow the administration to seek Supreme Court review.

Trump signs executive order to impose 15 pct tariff on polysilicon imports2026-08-07
U.S. President Donald Trump on Thursday signed an executive order imposing minimum import prices and a 15 percent tariff on products made from polysilicon, a key material for solar panels and semiconductors.

Italy places all major cities under top heat alert2026-08-07
Weather forecasters said the current spell of scorching temperatures is expected to persist for at least another 10 days, with temperatures reaching around 40 degrees Celsius in parts of Italy.

Mexican president decries U.S. tariff policy2026-08-05
Mexican President Claudia Sheinbaum on Tuesday again expressed her opposition to the U.S. tariff policy, arguing there are more effective ways to strengthen a regional economy and resolve trade disputes between countries.

Putin signs 1st law regulating digital currencies in Russia2026-08-05
Russian President Vladimir Putin on Tuesday signed Russia's first law that provides comprehensive regulation for the circulation of digital currencies and digital rights in the country.

Netanyahu says Israel not to withdraw from current Gaza positions until Hamas fully disarmed2026-08-05
Israeli Prime Minister Benjamin Netanyahu said Tuesday the country will not withdraw its forces from their current positions in Gaza until Hamas is fully disarmed.

Qatari emir, Trump discuss U.S.-Iran negotiations over phone2026-08-05
Qatari Emir Sheikh Tamim bin Hamad Al Thani on Tuesday held a phone call with U.S. President Donald Trump to discuss the latest developments in U.S.-Iran negotiations, according to a statement by the Amiri Diwan, the administrative office of Qatari Emir.

Trump confirms resumption of talks with Iran, Strait of Hormuz deal nears2026-08-04
U.S. President Donald Trump said on Sunday that negotiations with Iran will resume Monday afternoon, while Tehran said that an agreement with Oman on a new shipping route through the Strait of Hormuz was nearing completion.

From taps to power grids, Europe struggling under heat, drought2026-08-04
Europe is grappling with prolonged heat and widespread drought, which are placing increasing strain on drinking water supplies, power generation, agriculture and inland transport, and disrupting daily life and economic activity across the continent.

Trump announces talks with Iran on Monday2026-08-03
U.S. President Donald Trump said Sunday that negotiations with Iran will begin Monday afternoon, noting that Saudi Arabia, the United Arab Emirates (UAE) and Qatar had asked the United States to call off planned strikes because "they think there's a deal."

Special Coverage

A window into the Greek and European economy.

Insight

What is missing in the “China overcapacity” narrative?

The term “overcapacity” itself, is actually a rather vague and contested one, with no universally accepted definition among international organizations.