Spanish Deputy Prime Minister Calvino: I hope the European Central Bank will stop (raising interest rates) now.

Indian Trade Minister: India’s overall trade deficit has declined.

[British public confidence in the Bank of England has fallen to an all-time low] Public confidence in the Bank of England has fallen to an all-time low amid a cost-of-living crisis and soaring interest rates, according to a Bank of England survey of household attitudes. 40% of Britons believe the central bank is doing a poor job in dealing with inflation, up from 34% in May. Only 19% were satisfied. Net dissatisfaction was -21% in August, down from -13% in May and the lowest level since the Bank of England began collecting the data in 1999. A Bank of England survey shows consumers believe prices will rise for longer than three months ago. Inflation expectations for the next year rose from 3.5% to 3.6%, and inflation expectations for the next two years rose from 2.6% to 2.8%.

Unite UK: Around 120 workers employed by Wood Group at Shell facilities have accepted a pay rise proposal, ending dispute.

Belgian officials said that the G7 will ban Russian diamond imports by the end of the year and will announce a diamond ban within 2-3 weeks.

Market News: Citigroup (CN) European Division CEO Braden will resign.

Bank of England survey: British public inflation expectations for the next year are 3.6% (3.5% in May).

Apple (AAPL.O): We will release software updates for French users to adapt to the protocols used by French regulators. We look forward to the continued sale of iPhone 12 in the French market. Since its launch in 2020, iPhone 12 has been certified and Confirmed to meet or exceed all applicable SAR regulations and standards worldwide.

French Minister of Digital Affairs: Regulators are preparing for a rapid test of this update, which will eventually bring the model into compliance with the European standards applied in France and lift the market withdrawal order.

French Minister of Digital Affairs: Apple has assured me that an update will be implemented for iPhone 12 in the next few days.

French Minister of Digital Affairs: I have had many communications with Apple since the decision to withdraw iPhone 12 from the French market.

National Highway Traffic Safety Administration: Nissan North America has submitted recalls for 153,376 U.S. vehicles and Mercedes-Benz has submitted recalls for 11,853 U.S. vehicles.

According to the Financial Times: WhatsApp is exploring advertising in the messaging app.

Market News: Gazprom completed the first LNG shipment through the Arctic route.

Norway’s Minister of Climate and Environment: We have passed the peak of energy revenue as a share of GDP and oil and gas will become a smaller part of our economy.

ECB Governing Council member Robert Mueller: However, if inflation rises again, further interest rate hikes may still be needed.

Norway’s Minister of Climate and Environment: The demand side and the supply side must work together to promote the development of more renewable energy.

Russian Defense Minister: The Russian Navy will receive 12 warships by the end of 2023.

ECB Governing Council member Robert Mueller: Current interest rates are sufficient to restore inflation to 2%.