Ukraine showing ‘remarkable innovation’: Kyiv ‘holding front line’ while striking Russia’s economy
France 24

Ukraine showing ‘remarkable innovation’: Kyiv ‘holding front line’ while striking Russia’s economy

Genie Godula is pleased to welcome Samantha de Bendern, Associate Fellow at Chatham House, author, and political risk and financial consultant. Europe is taking increasingly consequential steps to support Ukraine, but de Bendern warns that they remain insufficient to address the country's fundamental vulnerability. The transfer of interceptor missiles and the prospect of producing Storm Shadow/SCA...

Meet Dai Zheng, the space veteran betting on China’s reusable rocket revolution
SCMP

Meet Dai Zheng, the space veteran betting on China’s reusable rocket revolution

Ten years ago, Dai Zheng made a career-defining gamble: he left his secure, prestigious engineering post in China’s state space programme to join an unproven private start-up. On August 19, that risk paid off when a rocket booster returned from orbit and landed upright for the first time in Chinese commercial space history. For Dai, now chief commander of the Zhuque-3 missions at LandSpace, the su...

EV maker Xpeng set to challenge Tesla in embodied AI after robotics unit raises US$900m

EV maker Xpeng set to challenge Tesla in embodied AI after robotics unit raises US$900m

SCMP

Chinese electric vehicle (EV) maker Xpeng has secured US$900 billion in funding from high-profile investors including Alibaba Group Holding and IDG Capital to spur its robotics unit, despite a widening second-quarter loss. Dogotix, a subsidiary of Xpeng, raised US$900 million in the latest round of financing, which valued it at US$6.3 billion, Xpeng said in a statement on Monday, adding that the f...

US unveils expanded sanctions aimed at Iran's 'economic asphyxiation'

US unveils expanded sanctions aimed at Iran's 'economic asphyxiation'

France 24

The US on Monday announced an expansion of secondary sanctions it hopes will "sever every economic lifeline" ​that sustains ‌Iran, Treasury Secretary Scott Bessent said at a press conference. The expanded sanctions target Iran's digital assets, technology, gold, aviation and shipping sectors.

US vows 'economic asphyxiation' of Iran with new sanctions

US vows 'economic asphyxiation' of Iran with new sanctions

France 24

US Treasury Secretary Scott Bessent on Monday laid out plans for the "economic asphyxiation" of Iran, expanding Washington's secondary sanctions threats and warning of dire consequences for countries that do not join the campaign.

Trump says Iran is ‘completely collapsing’ ahead of new sanctions announcement – live

Trump says Iran is ‘completely collapsing’ ahead of new sanctions announcement – live

The Guardian

It’s a common refrain from the president, but perhaps takes on a new meaning ahead of the fresh sanctions that we’re expecting later todaySign up for the US Breaking News emailNew Mexico will continue funding gender-affirming care for minors after a federal rule ending Medicaid support for such care goes into effect.On 13 August, the Trump administration finalized a rule – set to go into effect on...

Reno, Nevada, wildfire forces 90,000 to evacuate and destroys several homes

Reno, Nevada, wildfire forces 90,000 to evacuate and destroys several homes

The Guardian

Fast-moving, ‘human-caused’ fire in Reno leaves thousands of homes and businesses without power, officials sayAbout 90,000 residents of Reno, Nevada, and the adjacent North Valley are under evacuation orders as a fast-moving, wind-driven wildfire bears down on the city.The Hawk fire began on Saturday to the north-west of the city, and quickly grew, showing “extreme fire behavior”. It stood at a li...

At least six injured in Reno, Nevada, wildfire as 42,000 forced to evacuate

At least six injured in Reno, Nevada, wildfire as 42,000 forced to evacuate

The Guardian

Fast-moving, ‘human-caused’ fire in Reno leaves thousands of homes and businesses without power, officials sayTens of thousands of people in Nevada were urged to evacuate as a fast-moving, wind-driven wildfire bore down on the city of Reno.The Hawk fire began on Saturday to the north-west of the city, and quickly grew, showing “extreme fire behavior”. Continue reading...

Twelve people arrested over A66 crash that killed seven including two police officers

Twelve people arrested over A66 crash that killed seven including two police officers

The Guardian

Nine men and three women aged between 19 and 61 arrested as part of investigation of events leading to deadly collisionNine men and three women, aged between 19 and 61, have been arrested by officers investigating events leading to a crash on the A66 in which PC Matthew Blades and PC Tom Clough and five other people died, Cleveland police said.Some of those arrested as part of the investigation ar...

French police accused of rising use of violence to stop Channel crossings

French police accused of rising use of violence to stop Channel crossings

The Guardian

NGO criticises ‘human cost’ of UK-funded crackdown on attempts to set off from French beaches in small boatsPeople trying to cross the Channel to the UK have reported an increase in French police use of violence on beaches to prevent them from getting into dinghies, according to a French NGO.Utopia 56, which works on beaches from where migrants attempt Channel crossings, says so far this year 2,72...

Thames Water creditors accused of ‘shuffling chairs on Titanic’ with plan for new board

Thames Water creditors accused of ‘shuffling chairs on Titanic’ with plan for new board

The Guardian

Campaigners say proposal for £10bn rescue deal in bid to avoid nationalisation is a ‘cosy stitch-up’Business live – latest updatesThe group of creditors pursuing a rescue bid for Thames Water have been accused of shuffling the deckchairs on the Titanic after proposing an overhaul of the stricken utility’s board.In a bid to stave off temporary nationalisation by Andy Burnham, the lenders said they ...

America’s US$40tr debt gamble is getting harder to ignore, economists say after ‘grow’ goal

America’s US$40tr debt gamble is getting harder to ignore, economists say after ‘grow’ goal

SCMP

With Washington claiming that the United States can “grow” out of its mounting fiscal burdens, some economists are sceptical that growth alone could absorb the country’s mountain of national debt, which just surpassed US$40 trillion. The milestone, reached last week, has amplified concerns about the long-term sustainability of maintaining such a massive debt pile – one that has doubled in size fro...

US, China diplomats clash over tech spying and trade hub claims in Latin America

US, China diplomats clash over tech spying and trade hub claims in Latin America

SCMP

Diplomats for China and the US in Latin America have traded brickbats on social media over alleged espionage risks posed by Chinese tech firms in the region, in the latest sign of the two powers’ unfolding strategic tensions in the western hemisphere. US assistant secretary of state for western hemisphere affairs Juan Pablo Segura named telecoms giants Huawei Technologies, ZTE and Hytera, surveill...

No 10 says glorification of dangerous driving ‘for clips and entertainment is utterly disgraceful’ – UK politics live

No 10 says glorification of dangerous driving ‘for clips and entertainment is utterly disgraceful’ – UK politics live

The Guardian

Downing Street repeats calls for social media platforms to review content and policies following a fatal crash near Middlesbrough on SaturdayLee Anderson, the Reform UK MP for Ashfield, is first up to speak. He says young people in his constituency – and in many areas across the country – have “absolutely no chance” of securing council housing or social housing. He says that Reform’s government wo...

Iran predicts ‘another defeat’ for US after Washington's new sanctions

Iran predicts ‘another defeat’ for US after Washington's new sanctions

France 24

Iranian Economy Minister Ali Madanizadeh on Monday warned of "another defeat" for the US after Treasury Secretary Scott Bessent announced expanded sanctions against Tehran. Madanizadeh said Iran had a "two-year plan" to counter the new sanctions and dismissed Bessent's stated efforts to sever "every economic lifeline" sustaining Iran. Read our blog to see how the day's events unfolded.