Iran responded by attacking US bases in Bahrain, Iraq, Jordan and Kuwait.

A third of the world’s grain is exported through the Black Sea, and global food prices grew by 2% in August.

Fewer crossings were partly attributed to increased policing on the French side, and partly to the weather conditions of the hottest summer on record.

The US put up a 50% tariff on $20 billion (5.5%) of its trade with Canada, answered by a 15–50% rate on $20 billion of US exports to Canada.

Stalled housing projects have contributed to an economic slowdown since 2021 and strained the construction and banking sectors in China.

The French government, without a parliamentary majority, has struggled with a growing debt-to-GDP ratio of 110%.

The same day, explosives were found at a power plant substation, and another substation was deliberately short-circuited.

The movement started with protests over the undergraduate exam system and gathered broad support, especially among Gen Z Indians.

The growing inflation and weak currency applied pressure to increase interest rates, which would further raise yields.

A framework law to progress the Turkiye-PKK deal was signed on 17 August but further rulings are awaited.

The mutiny spread to the presidential palace and the state TV broadcaster before being contained.

The flood was started by an ice-rock avalanche caused by high temperatures this summer.

Higher energy costs pushed euro-area inflation to 3.3% and government bond yields to their highest since 2011; the European Central Bank’s next interest rate decision comes on 11 September.

The Gaza ceasefire process remained stalled, with regular deaths and no Hamas disarmament.

The 17 oilfields represent 65 billion barrels of mostly extra-heavy and sour crude oil, which is a larger volume than the US’s total known reserves.

Security forces carried out over 12,000 arrests, seized 38 tonnes of cocaine (Colombia grows 65% of the world’s cocaine), and launched airstrikes that killed over 30 people.

This came after a series of incidents when AI models in training engaged in unexpected hacking.

The Iran War, rising inflation and spending, as well as competition from AI-driven corporate bond issuance are among the causes.

The El Niño increases global temperatures for about a year and changes where the rain falls, especially in the Americas and Pacific Asia.

The 26 August framework deal to re-open Hormuz was not implemented, but Red Sea shipping was near-normal with 1 strike on tankers in the last 2 weeks.