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President Trump is expected on Wednesday to urge senior defense officials and industry executives to accelerate weapons production and expand manufacturing capacity, citing strains on U.S. stockpiles from the Ukraine and Middle East conflicts and ind

2026-07-15

President Trump is expected on Wednesday to urge senior defense officials and industry executives to accelerate weapons production and expand manufacturing capacity, citing strains on U.S. stockpiles from the Ukraine and Middle East conflicts and industrial bottlenecks. He will attend the closing roundtable of a two-day Defense and Innovation Summit at the U.S. Army War College in Pennsylvania hosted by Republican Senator McCormick, meeting senior military leaders, defense contractors, investors and tech executives. Trump is expected to announce several Pennsylvania-focused defense investment plans. The move signals a White House push to use Pentagon policy and procurement to spur factory investment, advanced manufacturing and domestic supply-chain development; he previously pressed munitions makers in June to speed production.

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2026-07-15

Standard Chartered chief strategist Eric Robertson said we have entered an era of structurally higher interest rates. He said US rates are unlikely to return to zero and that rates in Europe and Japan have also risen. A key long-term implication will

Standard Chartered chief strategist Eric Robertson said we have entered an era of structurally higher interest rates. He said US rates are unlikely to return to zero and that rates in Europe and Japan have also risen. A key long-term implication will be tighter capital allocation—financing costs of 4–5% will force stricter project selection compared with a zero-rate environment. He added this does not imply capital scarcity: tens of trillions of dollars remain parked in US money-market funds and alternative asset managers hold large pools of capital.
2026-07-15

Indonesia's Ministry of Energy set the benchmark price for coal with a calorific value of 5,300 kcal/kg at US$89.90 per metric ton for the second half of July, and the benchmark price for coal with a calorific value of 4,100 kcal/kg at US$63.25 per m

Indonesia's Ministry of Energy set the benchmark price for coal with a calorific value of 5,300 kcal/kg at US$89.90 per metric ton for the second half of July, and the benchmark price for coal with a calorific value of 4,100 kcal/kg at US$63.25 per metric ton for the second half of July.
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