Thailand names third prime minister in two years. Thailand’s parliament has chosen business tycoon Anutin Charnvirakul as the country’s prime minister — the third in two years, after yet another leader was removed from office. (BBC)

America’s job market flashes yet another warning sign about the economy. The U.S. economy added just 22,000 jobs last month, the Bureau of Labor Statistics reported Friday. The unemployment rate rose to 4.3% from 4.2%. (CNN)

Japan’s real wages, consumer spending climb but inflation challenges persist. Japanese real wages turned positive for the first time in seven months in July on the back of hefty summertime bonuses, while consumer spending rose for the third straight month, data showed on Friday. (Reuters)

Mexico’s avocado industry pledges deforestation-free exports by 2026. As of January 2026, avocados from Mexico grown on illegally deforested land will no longer qualify for export, according to an announcement by industry groups. (Supply Chain Dive)

Asia-Pacific markets mostly higher after Trump formalizes lower Japanese auto tariffs. Asia-Pacific markets traded higher Friday after U.S. President Donald Trump signed an executive order Thursday formalizing a lower Japanese auto import tariff of 15%, down from 27.5%. (CNBC)

UK borrowing costs ease as bond market calms. UK government long-term borrowing costs have eased after reaching their highest level since 1998 earlier in the week. The interest rate on 30-year government bonds, known as the yield, slipped to 5.57%, dropping from a high of 5.75% on Wednesday. (BBC)

India cuts consumption taxes to boost demand after Trump’s tariff blow. India has announced tax cuts on hundreds of consumer items ranging from soaps to small cars to spur domestic demand in the face of economic headwinds from punishing tariffs imposed by U.S. President Donald Trump. (Al Jazeera)

China slaps initial duties on EU pork imports. China on Friday placed initial anti-dumping duties of up to 62.4% on pork imports worth over $2 billion from the European Union, deepening trade tensions that spiked when the bloc-imposed tariffs on China-made electric vehicles. (Reuters)

Eurozone posts marginal economic growth in 2Q, but ECB rate cut remains unlikely. The eurozone economy grew marginally over the three months through June, figures confirmed Friday, leaving the European Central Bank unlikely to cut its key interest rate next week. (Wall Street Journal)

Norwegians to pick new parliament in tightly fought election clouded by geopolitical angst. Norwegians head to the polls to elect a new parliament, in what is a close race between a left-wing bloc led by the incumbent Labour Party and a right-wing bloc dominated by the anti-immigration Progress Party and the Conservatives. (Reuters)

Core inflation rose to 2.9% in July, highest since February. Inflation edged higher in July, according to the Federal Reserve’s preferred inflation measure, indicating that President Donald Trump’s tariffs are working their way through the U.S. economy. (CNBC)

Pressure grows on Milei ahead of Argentina midterm elections. Argentina’s President Javier Milei is facing increasing pressure over a bribery scandal and growing unease over public spending as he enters a pivotal election season that could define his government’s grip on power. (Reuters)