latest news in global
Japan Achieves Record $110 Billion Current Account Surplus Driven by Global Tech Boom
Tokyo, Monday, 10 August 2026.
Strong demand for AI components pushed Japan’s first-half current account surplus to a record 17.43 trillion yen, though higher energy costs triggered a unexpected monthly deficit in June.
US Shifts to Economic Blockade as Iran Demands Concessions in Strait of Hormuz
Washington, Monday, 10 August 2026.
President Trump is pivoting to economic pressure over military strikes, leveraging severe inflation and an ongoing naval blockade against Iran as Tehran demands major US concessions to reopen the vital waterway.
Saudi Arabia Sees Record Tourist Surge as European Visitor Spending Rises
Riyadh, Monday, 10 August 2026.
Saudi Arabia welcomed 123 million tourists as travel expanded to 14.1 percent of national output. Driven by strong European arrivals, total tourist spending surged, marking a major economic shift.
Russia Plans Expansion of North Korean Forces to Bolster Military Capability
Kyiv, Sunday, 9 August 2026.
Ukrainian President Zelenskyy reported Russia intends to deploy up to 50,000 North Korean troops, enabling Pyongyang to gain modern warfare experience while deepening military cooperation between both nations.
Top American Business Executives Join Strategic Trade Talks in China
Beijing, Sunday, 9 August 2026.
A high-level American corporate delegation to Beijing signals a strategic shift from aggressive tariff rhetoric toward pragmatic business deals, fundamentally altering global trade relations and technology supply chains.