Sign

Symbolic move to rename lake bordering New York and Canada comes amid escalating trade war with northern neighborUS politics live – latest updatesDonald Trump signed an executive order on Thursday directing the federal government to rename Lake Ontario, making it Lake America.The largely symbolic move comes amid an escalating trade war with Canada. Continue reading...

• PL Wealth released a report highlighting encouraging economic signals for India as it enters the second half of 2026. • Key growth drivers include the return of foreign portfolio investors (FPIs) as net buyers, recovering monsoon conditions, and a steady start to the Q1 FY27 earnings season. • CEO Inderbir Jolly stated that long-term conviction in the economy remains strong due to domestic investment, favorable demographics, and structural growth opportunities.

• The European Central Bank (ECB) is preparing to increase its key policy rates during its upcoming September meeting. • Sources indicate that the central bank currently has no appetite for further interest rate hikes following the September decision. • Policy decisions are determined by the ECB President, Christine Lagarde, alongside six permanent members and the heads of Eurozone national banks.

• Investors are facing mixed signals as private market managers' stock prices have performed poorly in 2026 despite solid returns from the underlying assets and funds. • Morningstar’s listed private equity index has shown some recovery after early-year losses, while firms like Blackstone continue to report solid earnings. • This disconnect highlights a gap between the valuation of asset management companies and the actual performance of the alternative investments they oversee.

• New satellite imagery reveals that Greenland's glaciers are experiencing their most significant loss of floating ice in over a decade. • The imagery specifically highlights a fractured "ice tongue," indicating a severe breakdown of the glacial structures that stabilize the ice sheet. • This acceleration of ice loss is critical as it contributes directly to rising global sea levels and signals destabilization in the Arctic region.

• Scottish football clubs, including Rangers, Celtic, Hearts, Hibs, and Aberdeen, are actively pursuing new signings in the current transfer window. • Rangers player Yang will miss both upcoming Old Firm showdowns in the Premier Sports Cup and the league. • Yang's absence is due to being called up as one of South Korea's overage players for an international tournament.

Exclusive: internal correspondence reveals USCIS anti-fraud officers shifted on to two ‘high-priority’ initiativesAll US immigration officers working for a key anti-fraud unit have been reassigned by Donald Trump’s administration to focus on screening South African refugees and alleged “unlawful” voters.Fraud Detection and National Security Directorate (FDNS) immigration officers have been shifted full-time on to two “high-priority” initiatives, according to internal correspondence seen by the Guardian, leaving US Citizenship and Immigration Services (USCIS) unable to provide officers to train asylum officers in “the near future”. Continue reading...

• South Korean President has accepted the resignation of Justice Minister Jung Sung-ho. • The departure follows a period of political tension after the liberal bloc implemented a controversial overhaul of the nation's criminal justice system. • Jung previously cited personal health struggles, specifically mentioning a sleep disorder during a late July meeting with the National Assembly's Legislation and Judiciary Committee.

• Economics professor and financial crisis expert Tuomas Malinen has warned that the United States is currently on the verge of a recession. • Malinen highlights a critical indicator where private sector yields have risen above the bank prime rate, a trend that historically precedes economic downturns. • This specific pattern was previously observed prior to the 2008 financial crisis and again following the COVID-19 pandemic.

Kaja Kallas, the EU’s top diplomat, threatens harshest sanctions yet on Russia after strike on Kryvyi Rih, the home town of Volodymyr Zelenskyy Russian drones have slammed into a busy shopping centre in central Ukraine, killing 16 people in an attack that Volodymyr Zelenskyy condemned as “cynical and despicable”.The EU’s foreign policy chief, Kaja Kallas, condemned Friday’s attack on Kryvyi Rih – the president’s home town – as “terror by design” and said she was “putting forward the most far-reaching Russia sanctions listings since the start of the war” when ministers meet in Ireland next month. Continue reading...

• Treasury buybacks have recently lifted technology stocks, specifically benefiting chipmakers, cryptocurrency, and Moderna. • Market analysts argue that the "signal" of easing financial conditions and Scott Bessent's pledge for further action is more significant than the actual size of the buybacks. • This positive momentum is countered by broader Wall Street slides caused by rising Treasury yields, a disappointing Walmart earnings report, and ongoing geopolitical conflicts.

• Express Sport is providing live coverage of football transfer rumors and completed deals as the current window deadline rapidly approaches. • The reporting coincides with the start of the 2026-27 Premier League season, which begins tonight with a match between champions Arsenal and newly-promoted Coventry City. • Key focus areas include imminent signings for Liverpool and three potential deals involving Manchester United, alongside updates for Tottenham and Manchester City.

• Barclays has recruited Mike Joo from Bank of America to co-lead its investment banking division as part of a broader effort to regain market competitiveness. • This move follows a trend of European lenders poaching senior talent from Wall Street to address a significant decline in their global dealmaking influence. • LSEG data reveals that European banks' share of global investment banking fees dropped from 29% in 2015 to 21% in 2025, while the US share climbed to 51%.

• The US has signaled an increase in economic pressure on Iran and imposed new sanctions against Hezbollah amid stalled wartime diplomacy. • President Donald Trump has threatened "crushing economic warfare," though analysts note Iran has developed a "survival economy" to withstand long-term sanctions. • To increase effectiveness, the US Treasury suggests cracking down on clandestine trade and banking networks operating primarily through Singapore, Hong Kong, and the UAE.

• A' Design Award & Competition has officially opened the call for entries for the A' International Entertainment, Content Creation and Streaming Media Design Awards 2026. • Announced on August 19, 2026, in Como, Italy, the competition aims to recognize global innovation in content creation, media experiences, and streaming formats. • The awards matter as they highlight cutting-edge design and creativity within the rapidly evolving digital entertainment and streaming landscape.

Exclusive: Federal government notified after whistleblower says controllers have ‘minimal confidence in their ability to handle’ rule changes related to second airportGet our breaking news email, free app or daily news podcastAir traffic controllers at Sydney airport have warned federal safety regulators they have “grave concerns” about changes to airspace rules introduced last month, likening the situation to the months leading up to a crash in Washington DC in which 67 people died.Guardian Australia can reveal the federal government was notified on Thursday of a confidential complaint considered by the Australian Transport Safety Bureau (ATSB), in which an experienced air traffic controller warned in June that changes related to the new Western Sydney International airport had been rushed, with “inadequate training for controllers, of all experience levels”. Continue reading...

• The United Indian Nations of Oklahoma will host a quarterly meeting for Tribal leaders and partners on August 27 in Tulsa. • The agenda focuses on critical issues including federal Indian health policy, Tribal sovereignty, and Native voter engagement for the upcoming November election. • Leaders will specifically address emerging threats to Tribal gaming posed by the rise of prediction markets.

• Indian Defence Minister Rajnath Singh and the Japanese Defence Minister have signed a Memorandum of Understanding (MoU) to strengthen bilateral defence cooperation. • The agreement focuses on enhancing strategic partnerships and security collaboration between India and Japan. • This move is significant as it reinforces the geopolitical alignment of both nations in the Indo-Pacific region to ensure stability and security.

• US Treasury Secretary Scott Bessent has initiated a new round of debt buybacks to combat rising long-term borrowing costs. • The move comes as Treasury yields hit multi-year highs, prompting the administration to intervene to stabilize the market. • This strategy aims to lower yields and weaken the dollar, reducing the overall cost of servicing US government debt.

South Australian premier Peter Malinauskas says there have still been no detections in poultry or livestock and no mass deaths involving mammalsSouth Australian premier Peter Malinauskas has declared a “significant escalation” in H5 bird flu in the state after the detection of three mass mortality events involving more than 1,000 greater crested terns.Malinauskas said the cause of the deaths was presumed to be H5 bird flu. Continue reading...

• Toumas Malinen, a professor specializing in financial crises, warns that the US economy is currently dangerously close to entering a recession. • In contrast, economists at the Atlanta Fed provide a more optimistic outlook, estimating that GDP will expand by 4% over the third quarter. • The discrepancy between these views highlights ongoing uncertainty regarding whether the US is tipping into a technical recession or maintaining growth.

• A recent surge in US long-term Treasury yields has triggered a bond market selloff, causing concern among equity investors regarding the stability of the stock market. • Technical analyst Mark and other experts identify five resilience signals, including a VIX-to-VVIX ratio of 0.17 and the continued strength of financial stocks during yield curve steepening. • Deutsche Bank strategist Maximilian Uleer warns that Brent crude exceeding $100 per barrel, combined with high long-term rates and falling inflation, would be a more critical danger signal.

People told they and their pets should keep out of river at Ham amid anger over Thames Water’s treated sewage planSwimmers are being warned not to enter the water at the first official bathing site on the River Thames, in south-west London, because of toxic blue-green algae in the water.The blue-green algal blooms are rare in moving water but are likely to be caused by the extreme heat, low river flow, and nutrient pollution from sewage waste. Continue reading...

Yolŋu independent Yiŋiya Guyula accused the CLP of ‘contributing to the breakdown of our culture and people, in what is becoming a slow genocide’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastA First Nations MP from the Northern Territory has resigned from parliament, accusing the ruling Country Liberal party of introducing laws that are “dehumanising, oppressing and destroying our communities and our people”, and contributing to a breakdown of culture that he says is “becoming a slow genocide”.Yiŋiya Guyula, a Yolŋu man from the Djambarrpuyŋu clan in east Arnhem Land, was elected as the independent member for Nhulunbuy, now known as Mulka, in 2016. Continue reading...

• Barcelona has officially confirmed the signing of midfielder Rodri, while Manchester United has entered contract negotiations with Bruno Fernandes. • These moves come as the summer transfer window nears its close and Premier League clubs prepare for the upcoming season. • Many clubs are currently prioritizing player sales to reduce high wage bills, maximize profit on assets, or comply with strict financial regulations.

Industrial output and retail sales slump in July after one of the country’s weakest quarterly growth rates everChina’s economy is showing signs of extending a slowdown with a slump in industrial output and retail sales in July, adding to pressure on Beijing to intervene with measures to support activity.After the world’s second largest economy posted one of its lowest quarterly growth readings on record in the three months to June, the latest figures suggest it continued to falter in July. Continue reading...

• Nvidia and six major investment firms have announced a plan to channel over $500 billion (€433bn) into AI infrastructure. • The initiative establishes "compute financing platforms" using private credit, insurance funds, and institutional capital to fund the construction of data centers. • This arrangement is significant because it allows tech companies to scale their AI capabilities without loading massive infrastructure costs onto their own balance sheets.

• Scottish clubs, including Celtic, Rangers, Hearts, Aberdeen, and Hibs, are actively pursuing new signings as a critical transfer window deadline approaches. • Celtic is reportedly continuing its spending spree, with midfielder Niko Sigur returning to their target list alongside Blackburn Rovers goalkeeper Balazs Toth. • The urgency for these moves is driven by the upcoming Euro registration deadline, which dictates when players must be registered to compete.