Real-time News

Russian Federal State Statistics Service: Russia's unemployment rate was 2.3% in July.

Russia's Ministry of Economy reported that GDP grew by 0.6% year-on-year in July, compared with a revised 1.7% year-on-year increase in the previous month (the preliminary estimate for June was 1.1% year-on-year growth).

U.S. Secretary of State Marco Rubio: (Regarding Cuba) Cuba is now a failed state, but the responsibility does not lie with the United States. Although some voices have placed the blame on the U.S., this is not the case.

A German government spokesperson stated that German Chancellor Merz assured Ukrainian President Zelensky that Ukraine can rely on Germany's continued unwavering civilian and military support.

A German government spokesperson said that German Chancellor Merz informed Ukrainian President Zelensky by phone about the combined attack on Leipzig airport.

On September 2, the Russian Foreign Ministry announced on social media that it had summoned the German chargé d'affaires in Russia regarding the German government's anti-Russian actions and remarks on September 1. The Foreign Ministry also issued a statement that day, firmly denying German accusations of Russian involvement in the Leipzig airport incident. Russia believes that the German government's use of this as a pretext to close the Russian Consulate General in Bonn and the "Russia House" in Berlin is yet another move that further damages relations between Russia and Germany. Russia will respond strongly to Germany's actions.

On September 2nd, Bank of Canada Governor Macklem stated at a press conference that Canada's current inflation level remains too high, primarily concentrated in gasoline and energy prices. Macklem pointed out that the greater risk to current inflation lies in the evolution of the situation in the Middle East, how long oil prices will remain high, and how high they will ultimately rise. The central bank will closely monitor inflation data and make policy decisions accordingly. He stated that the central bank has limited tolerance for high inflation, and if inflation is deemed a persistent problem, multiple interest rate hikes may be necessary, but rate hikes are definitely not the only outcome. The central bank is prepared to adjust monetary policy as needed. Meanwhile, the Canadian economy is progressing steadily through a new phase in the trade dispute, but new US tariffs will put pressure on fourth-quarter economic growth. Macklem also noted that some spillover effects from global bond yields on Canada have been observed, which the central bank will take into account; if monetary policy fails to achieve its objectives, the market will repric.

September 2 - Nepal's National Disaster Risk Reduction Authority (NDRA) reported on September 2 that as of 6 p.m. local time on September 2, 1,204 bodies had been recovered in landslide-affected areas of the country, and 4,216 people remained missing.

Belgian Foreign Minister: (Regarding the freezing of Russian assets) Using these assets through a process tantamount to confiscation would pose very significant risks.

Belgian Foreign Minister: (Regarding Russia's asset freeze) Belgium's position remains unchanged.

Delta Air Lines (DAL.N): This year it will invest approximately $18 billion in its employees through a “comprehensive incentive” program.

Market news: Venezuelan interim president Rodriguez met with Eni CEO Descalzi.

Delta Air Lines: It will match the donations made by eligible employees’ children with the same amount as the $1,000 that the federal government has paid into Trump’s related accounts.

Note: Bank of Canada Governor Macklem's press conference has ended.

Bank of Canada Governor Macklem: Trade policy is unlikely to return to the state it was before US President Trump.

Italian oil company Eni plans to eventually increase its daily production in Venezuela to more than 1 million barrels.

EU High Representative for Foreign Affairs and Security Policy Karas: Many ministers have mentioned that we need to restrict visas for Russians.