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Swiss GDP Growth Forecast Jumps to 1.7% for 2026 on Pharma Surge
Switzerland raises 2026 GDP forecast to 1.7% from 0.9% after Q2 growth hits 1.5%, strongest since 2021. Pharma drives half the gains, but inflation expected to rise.
France Pushes EU to Use €4.6B Google Fines to Cut Budget Contributions
France proposes using €4.6 billion in Google fines to lower EU member state budget contributions. EU governments are negotiating the 2028-2034 budget amid fiscal pressure.
RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
US Bans $967M in Canadian Alcohol, Dairy, Motorcycles on September 29
Trump’s ban on $967 million worth of Canadian alcohol, dairy, and motorcycles goes into effect September 29. Spirits exports hit hardest at $673 million USD annually.
Kentucky Trooper Hayden Phillips Shot Dead on I-65; Suspect Arrested
Kentucky State Police Trooper Hayden Phillips, 30, was shot and killed on I-65 in Warren County on September 28. Suspect Emonnie Branch, 51, arrested in Jefferson County and faces murder charges.
RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.
Kelvin Wave Could Raise California Sea Levels Up to a Foot This Fall
A Kelvin wave traveling from the Pacific could raise California sea levels by up to a foot as El Niño develops. The wave is expected to reach San Diego in early to mid-October.
FDA Recalls 13,567 Bottles of Chlorthalidone After Dissolution Test Failure
FDA classifies chlorthalidone recall as Class II after 13,567 bottles fail dissolution testing. Inventia Healthcare’s second recall in three months raises quality concerns for blood pressure patients.
New York Times Games Director Shot Dead by In-Laws in Bay Area Park
New York Times games engineer Jonathan McKinsey, 40, was shot and killed Saturday by his in-laws in a Dublin park. The couple was arrested and faces murder charges. McKinsey had prior child abuse allegations.