Malaysia's deputy finance minister said the carbon tax policy is in its final drafting stage and will be implemented in phases.

US Treasury Secretary Bessent said President Trump has expressed both publicly and privately his confidence in Fed Chair Kevin Warsh.

The Wall Street Journal reports former and current Russian and European officials say Moscow launched a pressure campaign earlier this year to turn Belarus into a springboard for expanded operations in Ukraine or to enable unconventional actions against NATO. Ukraine has threatened strikes on targets inside Belarus. Officials say Russia has deployed tactical nuclear weapons to Belarus, a development that suggests Moscow may be weighing a high-risk escalation.