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Ukraine's army stabilized the front line in Donyetsk, an eastern province, according to local officials.

Russian forces had broken through Ukrainian defenses as part of a

renewed push ahead of talks between Donald Trump and Vladimir Putin on Friday. Meanwhile,

Russia's president said Mr. Trump was making energetic and sincere efforts to end the conflict.

Bezal-Smotrich, Israel's finance minister, said he would approve plans to build an Israeli settlement

in the West Bank. The long-mooted settlement would, in effect, sever the territory in two.

Mr Smotrich, from a far-right party in Benjamin Netanyahu's coalition,

said he had the Prime Minister's support.

Israeli settlements in the West Bank are widely considered illegal under international law.

America's producer price index rose by 3.3% in the 12 months to July, the largest

such increase since February and much more than expected. The rise suggests that producers are

feeling the effects of Mr. Trump's tariffs and creates a quandary for the Federal Reserve. The Trump

administration has put significant pressure on the central bank to cut interest rates. Eli Lilly will

raise the price of its weight loss drug, Monjaro, by as much as 170% in Britain, for patients who pay out of pocket.

In July, Lilly was one of several pharmaceutical companies to receive a letter from Mr. Trump,

...