North America
Supreme Court ruling means no pre-election Trump trial
In a long-awaiting decision issued on the last day of an extended term, the Supreme Court ruled on presidential immunity
United StatesVenezuela-US direct talks will resume pre-election
President Nicolas Maduro yesterday said he had agreed to restart direct talks with Washington, suspended in April
VenezuelaECB is in no rush to cut interest rates again
Euro-area inflation eased slightly to 2.5% in June and the ECB central banking forum has begun in Sintra, Portugal
InternationalPanama’s Mulino may struggle to meet supporters’ hopes
Panama’s new president has taken office, promising to address myriad socioeconomic challenges
PanamaBiden is resisting Democrat pressure to step aside
Pressure has grown on President Joe Biden not to seek re-election since last week's debate but is so far being resisted
United StatesCore PCE path supports a US rate cut this year
Core PCE inflation eased to 2.6% in May, the weakest since March 2021
United StatesUS Supreme Court reduces scope of executive regulation
On June 28 the Supreme Court ended 'Chevron deference', further reducing the regulatory scope of federal agencies
United StatesSoft landing for global economy but many risks persist
The BIS signals that while a soft landing remains on track, monetary and fiscal policy will be historically tight ahead
International
