- Niger's president, Mohamed Bazoum, is still imprisoned in his palace after a coup.
- The coup has given Russia an opening in the region and threatens to turn West Africa into a theater for regional war.
- The U.S. and Europe failed to anticipate the coup and are scrambling to find a solution.
- The coup could lead to Russia gaining control of important drone bases in the region.
- Eleven West African countries have threatened to use force to restore Bazoum to power.
Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.
Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.
A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec