latest news in global

Australian Central Bank Raises Interest Rates to Highest Level Since 2011

Australian Central Bank Raises Interest Rates to Highest Level Since 2011

Sydney, Tuesday, 29 September 2026.
The Reserve Bank of Australia raised its cash rate to 4.6% as persistent inflation—driven by Middle East tensions and the artificial intelligence boom—forces aggressive monetary policy tightening.

New Thai Real Estate Platform Launches as Foreign Condominium Purchases Surge 20 Percent

New Thai Real Estate Platform Launches as Foreign Condominium Purchases Surge 20 Percent

Bangkok, Tuesday, 29 September 2026.
BAANLYY officially launched its Thailand-focused property platform on September 28, 2026. The launch coincides with a 20.2 percent year-on-year surge in foreign condominium transfer values during the second quarter.

Japan Prepares for Major Global Climate Summit as New Carbon Market Expands

Japan Prepares for Major Global Climate Summit as New Carbon Market Expands

Tokyo, Tuesday, 29 September 2026.
Following the April 2026 launch of its mandatory emissions market covering 600 million tonnes of carbon dioxide, Japan will host over 400 global leaders at December’s DeCarbon Tokyo summit.

Iran Faces Economic Isolation as Final Oil Deliveries Near End

Iran Faces Economic Isolation as Final Oil Deliveries Near End

Washington, Monday, 28 September 2026.
U.S. Treasury Secretary Scott Bessent warns Iran’s economy faces imminent paralysis within two weeks, as just 15 million barrels of oil remain at sea to fund basic foreign trade.

European Union Demands Import Limits on Chinese Goods Before October Deadline

European Union Demands Import Limits on Chinese Goods Before October Deadline

Brussels, Monday, 28 September 2026.
As trade negotiations hit a final phase, Brussels is threatening strict unilateral measures unless China voluntarily caps key exports, including hybrid vehicles, to balance their escalating multi-billion-euro deficit.

India Speeds Up Domestic Carbon Market to Shield Exporters From European Taxes

India Speeds Up Domestic Carbon Market to Shield Exporters From European Taxes

New Delhi, Monday, 28 September 2026.
To retain carbon revenues locally, India is accelerating its domestic carbon market as European border taxes threaten to reduce Indian steel exports to Europe by up to 24 percent.

United States and China Agree to Lower Tariffs on Billions in Trade Goods

United States and China Agree to Lower Tariffs on Billions in Trade Goods

Beijing, Monday, 28 September 2026.
Following high-level talks, the U.S. and China agreed to lower tariffs on $30 billion of non-critical imports each, extending their broader trade truce through January 2027.

Ukrainian Drone Robots Break Through Russian Defense Lines

Ukrainian Drone Robots Break Through Russian Defense Lines

Kyiv, Monday, 28 September 2026.
Ukraine deployed bomber drones to air-drop kamikaze ground robots deep behind Russian lines in Donetsk, killing over 3,000 troops and marking a major technological breakthrough on the front line.

Iranian Missile Attack in Key Oil Shipping Route Injures Eight American Marines

Iranian Missile Attack in Key Oil Shipping Route Injures Eight American Marines

Dubai, Monday, 28 September 2026.
An undisclosed September 14 Iranian missile strike injured eight U.S. Marines in the Strait of Hormuz, highlighting growing military casualties and escalating supply risks in critical global energy routes.

How Africa Could Skip Traditional Banking to Lead Global Digital Money

How Africa Could Skip Traditional Banking to Lead Global Digital Money

Nairobi, Tuesday, 29 September 2026.
Venture capitalist Tim Draper believes Africa can bypass traditional banking systems by moving directly to software-based digital money, positioning the continent to outperform global financial markets.