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Iranian rial in freefall as dollar breaks 2.1 million mark

The rial has lost 63% of its value against the dollar since March, with the euro hitting 2.55 million rials and gold coins changing hands at 2.26 billion. Iran's central bank governor pledged a $2 billion injection while acknowledging inflation had placed "heavy pressure on people's livelihoods."

Iranian rial hits record low as US dollar breaks 2.2 million mark

The rial has lost 63% of its value against the dollar since March, with the euro hitting 2.55 million rials and gold coins changing hands at 2.26 billion. Iran's central bank governor pledged a $2 billion injection while acknowledging inflation had placed "heavy pressure on people's livelihoods."

Rampage Jackson fires cameraman after heated livestream argument takes shocking turn

Former UFC star Rampage Jackson found himself in a fiery confrontation with his cameraman. The disagreement intensified as they exchanged words about mutual friends and associates, leading Jackson to chase after his cameraman, proclaiming he was terminated. Fortunately, the cameraman evaded any physical altercation. This dramatic encounter was live-streamed, giving viewers an inside look at the un...

Russia increasingly reckless, says Nato’s Rutte as Germany blames Moscow for Leipzig drone incident – Europe live

Nato’s Mark Rutte’s comments come as EU ministers meet to consider their response to drone attack last monthGerman police have opened a investigation into yesterday’s attempt to disrupt the operation of a power substation near Brandenburg.In a statement, Brandenburg police said they were leading a probe on suspicion of attempting to disrupt public services, causing an explosion and damaging critic...

Nepal intensifies relief and recovery efforts after deadly floods, UN says

More than 1,000 people have died and thousands are missing, as rescue efforts continue and aid is airlifted to villages.

Netherlands moves 86 tonnes of gold from US and Canada to UK, citing 'geopolitical unrest'

The transfer was carried out partially by buying and selling and partly by physically transferring gold, the Dutch national bank said.

Netherlands moves 86 tonnes of gold from US and Canada to UK, citing 'geopolitical unrest'

The transfer was carried out partially by buying and selling and partly by physically transferring gold, the Dutch national bank said.

China-Egypt joint drills a show of Beijing’s military reach

China is beginning to match its economic presence abroad with the military reach required to operate across it. The clearest evidence came from Egypt. Chinese J-16 fighters flew there recently, supported by YU-20 tankers that refuelled them in the air. The Chinese jets are taking part in Egypt’s “Eagles of Civilisation” alongside Egyptian Rafales and MiG-29s. This is the first time China has sent ...

California rebuilt a failed road with 330,000 waste tyres and saved $300,000

Fisherman built this boat in 1929 while raising 13 children; $1.5M is being raised to restore it

A wooden fishing boat built in 1929 is nearing restoration on Martha’s Vineyard, almost a century after it was built beside the home of a family raising 13 children. Little Lady, the sole remaining wooden fishing dragger in New England, is set to undergo major repairs. The $1.5 million project still needs $630,000, while supporters hope to preserve the boat’s history and connection to the island’s...

Tim Cook handed $47m package for new role as executive chair of Apple

Pay and shares deal nearly matches $58m award to John Ternus, his successor as CEO at the $4.7tn tech companyBusiness live – latest updatesTim Cook has received a $47m (£35m) pay deal as Apple’s executive chair, a remuneration package that nears the level set for his successor as chief executive.Cook, who handed over to John Ternus on Tuesday, will be paid a base salary of $2m and $45m worth of sh...

Tiger Woods gets five-year driving ban and fine after entering car crash plea deal

Tiger Woods has entered a plea agreement to charges stemming from a car crash in Florida.

Blackout risk rises as heatwave stresses largest US electric grids

US energy department warns of potential for outages in PJM Interconnection, serving 67 million from DC to ChicagoThe risk ⁠of power outages ⁠is expected to ​escalate across a broad swath of the United States on Wednesday as intense heat will test the capacity of electricity supplies ⁠serving millions of homes and businesses from the midwest through the mid-Atlantic.The US Department of Energy warn...

Woman arrested after allegedly filming jurors in Lindsay Clancy triple-murder trial

'I was weeping like an old woman for an hour': Milo Yiannopoulos says he is ashamed of supporting Trump, claims his 'Green Card was canceled' without informing him

Palestinian landowners confront bulldozers using their hands

Palestinian landowners confront bulldozers using their hands

Lizzo 'grateful' after judge dismisses lawsuit against production company

The About Damn Time singer says she is "relieved" at the outcome and will "continue to fight" every claim.

Von der Leyen: Russian drone incidents in Europe are the 'new normal'

European Commission President Ursula von der Leyen said Europe must prepare for a “new era of European security” after Russia was blamed for a drone sabotage incident last month. NATO Secretary General Mark Rutte said the Alliance must have the capabilities it needs to address such threats.

Paul Allen spent $7 million counting Africa's elephants; 30% had vanished

Indonesian wildfire haze forces 1.4 million students to move to online learning

About 1.4 million students in six Indonesian provinces ⁠had shifted to online ⁠learning due to poor air quality ⁠triggered by forest and land fires, an official said on Wednesday. As of September 2, around 1.43 million students from 12,874 schools in six of the provinces hit hardest by forest and land fires had been studying remotely, Gogot Suharwoto, an education ministry official, told the media...

Brussels will not mediate between US and Canada, EU trade chief says

Maroš Šefčovič said the Commission is ready to explore a wide range of options to deepen cooperation with Ottawa as Canadian Prime Minister Mark Carney calls for a closer partnership with the EU.

China’s US$10.8b trade short cut: new Pinglu Canal prepares to supercharge Asean shipments

Aptly dubbed the Pinglu 001, the first command and management vessel for the Pinglu Canal was delivered on Monday and will soon enter service as China prepares to open the strategic waterway designed to support surging trade with Southeast Asia. The delivery marks one of the final steps before the 72.7 billion yuan (US$10.8 billion) megaproject is expected to officially open later this month after...

How Japan aims to convert ageing warships into leverage to counter China

Japan’s plans to transfer ageing warships to the Philippines and Indonesia could turn older military hardware into geopolitical leverage, deepening regional security ties while helping Tokyo counterbalance Beijing’s growing influence, observers say. Such transfers, they said, fit into Tokyo’s broader security assistance toolkit to strengthen partners’ capabilities and forge longer-term defence rel...

Killing at Sea

Three families, two bombings and a hidden war: uncovering the lives behind Operation Southern Spear's dead.

‘It always comes around’: fans react to conviction in Tupac Shakur’s murder 30 years later

Rapper’s supporters reflect on ‘astonishing’ events leading to Duane Davis being found guilty over 1996 fatal shootingA criminal conviction this week in the murder of Tupac Shakur, the first since the rapper was gunned down in 1996, sent shockwaves through his sea of fans who have waited three decades for answers.Duane “Keffe D” Davis, a former California gang leader, was found guilty of murder on...