The Ministry of Economy and Finance said Monday the government will cut tax concessions for high-value residences and sharply raise taxes on non-owner-occupied high-priced homes to create a fairer system based on ownership and occupancy. The moves are part of the ministry's 2026 tax reform proposal and support SOUTH KOREA'S LEE's drive to normalize the housing market, stabilise prices and favour "genuine homebuyers". The plan also proposes broader tax reform to foster new growth drivers, promote

Brazil’s crude production reached a record in June, helping to offset supply disruptions from the war involving Iran. ANP data show June crude output rose about 19% YoY to 4.5 mln bpd and roughly 4% from May; oil and gas output totaled 5.8 mln boe/d. State-controlled Petróleo Brasileiro (Petrobras) led the increase, extracting more from fields and pushing Búzios and other deepwater platforms above nameplate capacity; ANP says Petrobras-operated fields account for about 87% of Brazil’s oil production.

土耳其汽车协会：土耳其七月汽车销量同比下降25%。土耳其1月至7月汽车销量同比下降10.72%。