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European Central Bank President Christine Lagarde: Rising labor productivity helps control the growth of unit labor costs.

2026-07-23

European Central Bank President Christine Lagarde: Rising labor productivity helps control the growth of unit labor costs.

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2026-07-23

The Iranian Islamic Revolutionary Guard Corps (IRGC) Navy said on the 22nd local time that transit lanes into and out of the Strait of Hormuz are clearly defined and are entirely under Iranian control; any alternative routes are "unsafe and extremely

The Iranian Islamic Revolutionary Guard Corps (IRGC) Navy said on the 22nd local time that transit lanes into and out of the Strait of Hormuz are clearly defined and are entirely under Iranian control; any alternative routes are "unsafe and extremely dangerous" and would carry "serious and irreversible" consequences. The IRGC earlier, in the early hours of the 18th (Tehran time), said two tankers exploded and caught fire after passing a mined area in the southern Strait. U.S. Central Command disputed Iran's account. The tankers were using the Strait's "south-side route" near Oman; the U.S. has been encouraging vessels to use the "south-side route" and says it is safe, while Iran says that route is unauthorized.
2026-07-23

ECB President LAGARDE is closely monitoring the magnitude and persistence of rising energy prices.

ECB President LAGARDE is closely monitoring the magnitude and persistence of rising energy prices.
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