Argentina’s Debt Ratio May Fall, but Its Refinancing Test Is Ahead
Argentina’s debt outlook is improving, but new Treasury bond auctions show the country still needs dollars, reserves and investor demand to meet obligations.
Global Economy
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OPEC+ keeps a cautious hand on output as Hormuz risks cloud oil market
OPEC+ approved a 188,000-barrel-per-day September adjustment, but constrained Hormuz shipping keeps crude and refined-fuel markets exposed to disruption.
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China’s Growth Slowed in Q2 as Trade and Tech Offset Domestic Weakness
China’s economy grew 4.7% in the first half of 2026, but a 4.3% second-quarter pace, weak property investment and soft retail demand reveal an uneven recovery.
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IEA, IMF, World Bank and WTO Say Global Economy Has Absorbed Middle East War Shock — for Now
The four institutions said the global economy remained broadly resilient after the Middle East war shock, but higher energy and fertilizer prices continue to threaten inflation, jobs and vulnerable economies.
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IMF’s July 2026 Outlook Projects Slower Global Growth as Iran War Energy Shock Meets AI Investment
The IMF projects approximately 3% global growth in 2026, with war-related energy disruption weighing on activity while artificial-intelligence investment provides a partial counterforce.
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U.S.-Iran war pushes oil higher as global markets absorb August 6 uncertainty
Oil prices rose and U.S. stocks edged lower on August 6 as uncertainty over the U.S.-Iran war raised concerns about energy flows, shipping and the global economy.
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Global Growth Holds at 3% as IMF Warns of Uneven Risks
The IMF kept its global growth projections steady but raised its inflation outlook, warning that energy, trade and financial risks remain unevenly distributed.
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Russia’s Central Bank Slows Rate Cuts as Inflation Risks Persist
Russia’s central bank cut its key rate to 14%, but higher fuel costs, inflation expectations and weaker growth are keeping borrowing conditions tight.
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Carrier raises 2026 outlook as data-center orders surge
Carrier raised its 2026 outlook after global commercial HVAC and data-center orders surged, but lower margins show the costs and execution risks behind the growth.
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IMF July 8 trims growth, stalls disinflation—energy shock meets AI investment
IMF’s July 8 WEO Update links renewed Middle East energy risk and AI investment to stalled disinflation—and tougher rate-cut tradeoffs.