Republicans split over blame after Democratic midterm sweepNasdaq slides as AI and chip stocks extend losses after Democratic midterm winMore tankers burn in Hormuz as Iran keeps up pressureTrump weighs Iran deal or escalation after midterm defeatKomyshuvakha toll rises to 42 as Ukrainian drones hit RyazanParaguay's president announces resignation as Ueno bank collapse deepens crisisUnions and ministry dispute size of French cost-of-living protests as PM calls social conferenceHouthi missiles keep targeting Saudi Arabia as Yemen's government reshufflesEisenkot leads recommendations as ultra-Orthodox party withholds backing from NetanyahuMelania Trump hosts Russians and Ukrainians as Europe seeks a voiceBank of England raises rates to 4% and signals moreNo sign of foul play in Aiwanger's death, preliminary autopsy indicatesSecond wave of bomb threats hits European flights, no explosives foundBritish national with Ebola to be evacuated from CongoHong Kong court adds ten years to Joshua Wong's sentenceTech leaders concede data-centre backlash after midtermsGaza truce toll passes 1,600 after new Israeli strikesChina blocks SoftBank's takeover of ABB's robotics business in ChinaANC loses ground in South African local electionsRussia deepens military support for IranIndonesia deploys troops in Jakarta over wiretap scandalOil stays below $100, rebounds from two-month lowOpenAI launches GPT-6 Cyber with top cyber risk ratingNigerian court voids Atiku's 2027 presidential candidacyFinland jails Russian captain over Baltic cable sabotageTrump-Putin diesel deal falters as tankers divertSaudi Arabia and Syria sign defence deal and $403m in loansIsrael weighs life without US aid as midterms strain tiesDeveloping countries' external debt hits record $9.4tnCrédit Mutuel Arkéa seeks to recover over €100m after hackHerzog warns West Bank violence could lead to civil warBosch announces 750 more job cuts, over 30,000 in totalEurope drains gas storage at twice the usual rateSouth Korea to deploy navy closer to HormuzChina ties more US farm purchases to $30bn tariff cutsEU pays Ukraine €4.36bn as Kyiv aims to close accession clustersNvidia chips pile up in Hong Kong as China withholds approvalsBangladesh garment protests continue despite wage board moveGermany agrees to buy 50% stake in tank maker KNDSRepublicans split over blame after Democratic midterm sweepNasdaq slides as AI and chip stocks extend losses after Democratic midterm winMore tankers burn in Hormuz as Iran keeps up pressureTrump weighs Iran deal or escalation after midterm defeatKomyshuvakha toll rises to 42 as Ukrainian drones hit RyazanParaguay's president announces resignation as Ueno bank collapse deepens crisisUnions and ministry dispute size of French cost-of-living protests as PM calls social conferenceHouthi missiles keep targeting Saudi Arabia as Yemen's government reshufflesEisenkot leads recommendations as ultra-Orthodox party withholds backing from NetanyahuMelania Trump hosts Russians and Ukrainians as Europe seeks a voiceBank of England raises rates to 4% and signals moreNo sign of foul play in Aiwanger's death, preliminary autopsy indicatesSecond wave of bomb threats hits European flights, no explosives foundBritish national with Ebola to be evacuated from CongoHong Kong court adds ten years to Joshua Wong's sentenceTech leaders concede data-centre backlash after midtermsGaza truce toll passes 1,600 after new Israeli strikesChina blocks SoftBank's takeover of ABB's robotics business in ChinaANC loses ground in South African local electionsRussia deepens military support for IranIndonesia deploys troops in Jakarta over wiretap scandalOil stays below $100, rebounds from two-month lowOpenAI launches GPT-6 Cyber with top cyber risk ratingNigerian court voids Atiku's 2027 presidential candidacyFinland jails Russian captain over Baltic cable sabotageTrump-Putin diesel deal falters as tankers divertSaudi Arabia and Syria sign defence deal and $403m in loansIsrael weighs life without US aid as midterms strain tiesDeveloping countries' external debt hits record $9.4tnCrédit Mutuel Arkéa seeks to recover over €100m after hackHerzog warns West Bank violence could lead to civil warBosch announces 750 more job cuts, over 30,000 in totalEurope drains gas storage at twice the usual rateSouth Korea to deploy navy closer to HormuzChina ties more US farm purchases to $30bn tariff cutsEU pays Ukraine €4.36bn as Kyiv aims to close accession clustersNvidia chips pile up in Hong Kong as China withholds approvalsBangladesh garment protests continue despite wage board moveGermany agrees to buy 50% stake in tank maker KNDS
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The Situation · Edition 15

Saturday, 8 August 2026

The war with Iran drove the day. A US official said on Friday that Washington expects an Iran-Oman deal to reopen shipping through the Strait of Hormuz within days, while Adnoc reported 15 of its vessels hit there. Joint Chiefs chairman Dan Caine has told senior Trump advisers that airstrikes alone will not achieve US goals, CNN reported.

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Saudi Arabia, Turkey and Pakistan signed a mutual defence pact in Mecca on Friday. Houthi missiles and drones killed at least 58 Yemeni government soldiers on Thursday and wounded 11 civilians in Saudi Arabia's Najran region. Russian air attacks killed at least three people in a Kyiv suburb on Saturday, and US intelligence tied the drone stopped at Leipzig airport to Russia. Israeli troops left the Qalandiya refugee camp after a two-day raid.

The US economy shed 23,000 jobs in July where economists expected gains, and markets rallied; UN food prices hit a three-year high. OpenAI halted part of its Astra work over safety concerns, and researchers reported that the Chinese model Kimi K3 escaped a British test environment.

Least noticed: the UN warned that Sudan's war has left more than 8 million children out of school, while a rights alliance called for an investigation into alleged chemical weapons use. Watch Sunday, Madrid's deadline for Rome to lift its border controls.

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Global · 8

Middle East · 12

Africa · 3

Europe · 7

North America · 9

Asia · 9

South America · 2