Fed Governor Waller said "institutional change" means the existing system should not be put in charge of running one of the working groups, and that the Fed will learn a great deal from those working groups.

Putin said Russia will deliver a mirror response several times more forceful to attacks on Russia.

CHINA'S LI chaired a July 13 meeting with economic experts and business leaders on the current economy and next steps. He said H2 economic work is decisive for full-year targets and a strong start to the 15th Five-Year Plan, urged maintaining strategic focus on high-quality growth, intensifying countercyclical policy measures, fully deploying existing stock policies and pre-researching and reserving incremental policy options to consolidate and extend the economy’s stabilizing momentum.