China's largest property developer Evergrande misses the payment deadline of 83.5 million USD in offshorebonds, increasing its chances of a bankruptcy.
Papua New Guinea announces a four-week lockdown in parts of the country including Eastern Highlands as the number of COVID-19 cases continue to increase, primarily due to the Delta variant. Prime Minister James Marape had anticipated the move before leaving the country to attend the United Nations General Assembly this week in New York City. The country also struggles with its vaccination campaign, as only 2% of the population has been vaccinated.
Prime MinisterAntónio Costa announces that all remaining COVID-19-related restrictions will be lifted on October 1, allowing nightclubs to reopen and restaurants to operate without capacity limits as more than 80% of people have been fully vaccinated.
French foreign minister Jean-Yves Le Drian tells U.S. Secretary of State Antony Blinken that it will take "time and actions" in order to restore confidence and good relations between France and the United States after France condemned the security pact between the United States, the United Kingdom and Australia announced last week.