Tesla has opened credit lines totaling $30 billion to finance major investments amid declining profits and rising capital expenditures. The new agreement expands the company's financial flexibility as it faces increasing pressure on its business.
Capricorn Energy has announced an extension of the deadline for a potential deal to sell the company to Saudi investor Al-Masiyyah. A decision on the purchase must be made by July 29, but there are currently no guarantees that the deal will go through.
Capricorn Energy has announced an extension of the deadline for a potential deal to sell the company to Saudi investor Al-Masiyyah. A decision on the purchase must be made by July 29, but there are currently no guarantees that the deal will go through.
Norwegian investment company HitecVision has fully exited its stake in SED Energy Holdings, selling its share for 1 billion Norwegian kroner. The deal attracted significant interest among investors.
The Central Bank of Turkey has revised its inflation forecasts due to geopolitical instability and rising prices, opting not to publish forecast ranges. The new target for the end of 2026 is 24%, while expectations for the end of the current year are approaching 26%.
In Japan, the price of the Nintendo Switch 2 has increased by 20%, sparking a surge in demand and leading to sales restrictions on the console. Despite the price hike, demand remains high, though it is expected to decline following the price increase.
Credit Agricole expects the South African Reserve Bank to raise its key interest rate to 7.25% due to accelerating inflation and rising energy prices. While the country's economy remains resilient, a decision not to increase the rate could put additional pressure on the rand.
In 2026, Hungary's primary budget deficit is expected to increase compared to 2025, highlighting the importance of keeping the deficit under control. The central bank is maintaining its rate to contain inflationary risks.
European economic officials have, for the first time, publicly acknowledged the risk of stagflation due to rising energy prices and a slowdown in GDP growth. The full extent of the damage will become clear in the coming weeks.
ECB Governing Council member Joachim Nagel expressed support for the bank’s current strategy and noted readiness to raise rates if necessary. He emphasized that persistent inflation and ongoing geopolitical tensions require a cautious approach.
The United States plans to raise tariffs on car imports from the EU to 25%, accusing the European Union of violating a trade agreement. The European Commission rejects these accusations and is prepared to defend the interests of the EU.
Representatives of the Federal Reserve note a high level of consensus on current policy and stability in the U.S. labor market. Long-term inflation expectations remain steady, and productivity growth could accelerate thanks to advances in artificial intelligence.
The yield on Brazilian government bonds has risen across the curve, especially for long-term issues, while the Ibovespa index fell by 0.8% and credit default swaps narrowed.
The Central Bank of Mexico has released updated forecasts: inflation by the end of 2026 is expected to be higher than previously estimated, while economic growth is projected to be slightly lower. However, the outlook for the peso exchange rate has improved.
Moody’s has upgraded its outlook for Vietnam to “positive,” citing the strengthening of the country’s credit profile and a reduction in external risks. The agency also anticipates an upgrade in market status and expects rapid economic growth.