- The Wagner mutiny has caused lasting damage to the authority and self-image of the Russian state.
- Wagner owner Yevgeny Prigozhin is in exile in Belarus after aborting the rebellion.
- The Russian army and security forces displayed little glory as they proved reluctant to try stopping Wagner.
- Wagner's forces shot down six Russian helicopters and an IL-22 airborne command-center plane, killing 13 airmen.
- The authority of the Russian state has sustained lasting damage, likely fueling future challenges to its writ.
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