The main events by the morning: July 29

• Erdogan threatened Israel with a possible invasion. According to Al Ain Trke, the Turkish president said that his country could enter Israel, «just as it was done in Libya and Nagorno-Karabakh.» In response, the Israeli Foreign Ministry compared him to former Iraqi President Saddam Hussein.

• Russia is preparing to receive the new president of Iran, Masoud Pezeshkian. Presidential spokesman Dmitry Peskov noted that the visit will take place as part of Iran's participation in the BRICS summit, which will be held in Kazan. «Iran already has an invitation, and we hope that the new president will attend the summit,» Peskov said. The inauguration of Masoud Pezeshkian is scheduled for July 30.

• In 2024, Russian banks began to approve loans more often. In the first half of the year, almost a third of the submitted applications were approved. For comparison, in the same period last year, only 21% of applications were approved. Experts explain this by a decrease in the average loan amount by 13%, to 430 thousand rubles.

• A hypothetical conflict between South and North Korea could cost the global economy $4 trillion. According to Bloomberg estimates, a full-scale war between the two countries could result in damage equal to about 3.9% of global GDP. Although such a scenario is unlikely.

• In conditions of shortage of personnel, business in the Russia increases investments in education. Several companies intend to invest in educational projects at once. For example, the EdTech company iSpring plans to invest 10 billion rubles in the creation of a private IT university in Mari El by 2032. In addition, T-Bank, MTS and Rostelecom are planning to develop new educational programs.