July 29, 2026
United States:
US Risks Broadening China Clash With Robot, Inverter Curbs
Washington tightened curbs on some foreign-made robots and inverters, vital components of solar-powered electricity, in a sweeping move that risks widening its tech confrontation with Beijing less than two months before a meeting between the countries’ leaders.
Citing possible “supply chain vulnerabilities” identified by national security officials, the Federal Communications Commission said on Tuesday it was adding “advanced robotic devices” and connected inverters to its registry of communications-related items it considers posing an “unacceptable risk.”
Europe:
Euro-Zone Wage Growth Set to Quicken Into 2027, ECB Says
Euro-area pay growth is poised to accelerate through early 2027, though will remain far below previous peaks, the European Central Bank said as it gauges inflation resulting from the Iran war.
The ECB’s wage tracker, published Wednesday, predicts salaries will rise by an annual 2.7% in the first quarter of next year, after increasing 2.6% in the third and fourth quarters.
Asia:
Japan Signals Steady Minimum Wage Gains, Backing BOJ’s Hike Path
Japan aims to keep minimum wages rising steadily, signaling income growth across a broad spectrum of the economy remains resilient as the Bank of Japan seeks evidence that pay gains are supporting domestic demand.
Japan’s Labor Ministry advisory panel on Tuesday recommended raising the nationwide average minimum hourly wage by 4.9% to ¥1,176 ($7.18) for the current fiscal year.
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