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The U.S. Treasury Department website states that the U.S. license authorizes specific transactions related to Venezuela's state-owned oil company's 2020 8.5% bonds on or after September 17.

2026-08-03

The U.S. Treasury Department website states that the U.S. license authorizes specific transactions related to Venezuela's state-owned oil company's 2020 8.5% bonds on or after September 17.

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2026-08-03

CHINA STATE PLANNER and the National Energy Administration issued a plan to preliminarily build a new power system by 2030, targeting non‑fossil sources to supply 50% of electricity generation. The plan calls for a secure, low‑carbon, resilient and s

CHINA STATE PLANNER and the National Energy Administration issued a plan to preliminarily build a new power system by 2030, targeting non‑fossil sources to supply 50% of electricity generation. The plan calls for a secure, low‑carbon, resilient and smart grid, stronger supply capacity and improved system flexibility to keep power adequacy at reasonable levels for economic and social needs. It aims to enable high‑level integration and utilization of renewables—accommodating more than 2.8 billion kW (≈2,800 GW) of new energy capacity—and to build charging infrastructure to support over 110 million electric vehicles. Institutional reforms include more complete system mechanisms and the basic establishment of a nationwide unified electricity market.
2026-08-03

In July, ISM's manufacturing PMI rose to 55.6, the highest since May 2022 and the seventh consecutive month above the 50 expansion threshold. The production index climbed to 58.5, its strongest level since late 2021, while the employment indicator sh

In July, ISM's manufacturing PMI rose to 55.6, the highest since May 2022 and the seventh consecutive month above the 50 expansion threshold. The production index climbed to 58.5, its strongest level since late 2021, while the employment indicator showed manufacturers added workers for the first time since September 2023. New orders recovered. All surveyed sectors expanded in July except chemicals; printing, apparel and electrical equipment were among the gainers. Momentum reflects robust consumer demand, solid business investment and defense-related government spending.
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