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Iran Blames US for Attack on Power Plant, Warns of Consequences
Iranian official Gharibabadi condemns a US strike on an under-construction power plant, calling it a dangerous assault on peaceful infrastructure and holding Washington responsible for instability.
US 30-Year Treasury Yield Hits 5.06% at Auction, Highest Since 2007
The US sold 30-year bonds at a 5.06% yield, the highest auction result since 2007, as long-term yields rise amid growing debt burden and competition from AI-related corporate debt issuance.
U.S. Deploys Additional F-16 and F-35 Jets to Middle East After Deadly Attack
The U.S. is deploying additional F-16 and F-35 fighter jets along with aerial refueling aircraft to the Middle East. The order was placed before an attack in Jordan that killed two U.S. soldiers, and some jets may be stationed at Israeli air force bases.
US Tech Sector Returns Near Dot-Com Peak Levels
The US information technology sector has posted an average annual return of +9% over the past decade, matching the performance of communication services after the 2008 crisis. This streak of seven years as the top-performing sector is the longest since the 1960s.
Two US Service Members Killed in Iranian Attack on Jordan, Another Killed in Iraq
CENTCOM reports two U.S. service members killed and one missing after an Iranian attack in Jordan on July 17. Separately, a U.S. service member was killed and another wounded in northern Iraq on July 18 during a controlled detonation of unexploded ordnance from a downed Iranian drone.
Leveraged Semiconductor ETFs Lose $63B in Assets Since June Peak
Assets under management in US leveraged semiconductor ETFs have fallen by $63 billion from the June peak to $100 billion, marking a 39% decline and the largest drawdown since April 2025.
Krugman Calls for Higher Corporate Tax Rate
In a recent Substack column, economist Paul Krugman proposed raising the corporate tax rate, sparking debate on tax policy.
Gold Seen as More Than Safe-Haven, Now Essential Financial Infrastructure
Amid widespread discussion of gold's price correction, observers note its evolving role from a safe-haven asset to a core component of global financial infrastructure. Key distinctions from other assets are highlighted, though details remain unclear.
U.S. National Debt Rises to $39.5 Trillion in 2026, Up 167% Since 2011
The U.S. national debt has grown from $14.79 trillion in 2011 to $39.5 trillion in 2026, a 167% increase over 15 years.
US Large-Company Bankruptcies Hit 16-Year High in First Half of 2026
The US recorded 372 large-company bankruptcies in the first six months of 2026, the highest first-half total in 16 years and surpassing the full-year total for 2022. Industrial firms led with 50 filings.
Chinese AI Models Capture Record 58% Token Share on OpenRouter
Chinese AI models now account for ~58% of tokens used by US firms on OpenRouter, tripling since mid-January and overtaking US models for the first time in March.
UAE Reaffirms Solidarity with Bahrain, Kuwait, Jordan
The UAE Ministry of Foreign Affairs has renewed its full solidarity with Bahrain, Kuwait, and Jordan, expressing support for measures to preserve their security and stability.
U.S. Economic Data and Big Tech Earnings Dominate This Week's Calendar
This week features ADP employment data, jobless claims, PMI and new home sales, plus earnings from Tesla, Alphabet, Intel and others as earnings season intensifies.
Papizadeh: US to Plan Ground Assault on Iran After Securing Oil Shipments
A source identified as Papizadeh stated that the United States intends to launch a ground assault on Iran from three directions and target nearly all provinces, following the securing of oil shipments to the US and its allies.
Ukraine Strikes Two Russian Tankers in Black Sea
Ukraine's General Staff reported overnight attacks on two Russian tankers in the Black Sea, part of a broader campaign of long-range drone strikes targeting Russian forces.
Air Raid Sirens Sound in Bahrain After Iranian Attacks
Air raid sirens were activated in Bahrain after the country reportedly came under attack from Iran. Kuwait was also targeted on Saturday.
Austria to Open Police Station in Hitler's Birthplace to Deter Far-Right Pilgrims
Austria will convert the building where Adolf Hitler was born into a police station, aiming to end decades of debate over its use and prevent it from becoming a pilgrimage site for far-right extremists.
Israel launches $700M AI-driven campaign to shape global image
Israel is deploying a $700 million campaign using AI-generated messages, ads, and influencer outreach to influence how AI chatbots present information about the country. The effort is led in part by former Trump adviser Brad Parscale.
Zelenskyy Taps Energy Executive as Ukraine PM for Winter War Push
President Zelenskyy has chosen a technocratic energy executive with no cabinet experience as Ukraine’s new prime minister to prepare the country for another winter of war.
Kuwait Air Defenses Intercept Iranian Missiles, Drones
Kuwait's military reported that its air defenses are engaging Iranian missiles and drones amid ongoing attacks targeting infrastructure.
Europe Wildfires at Record Low in 2026
Halfway through 2026, Europe has experienced the least wildfire activity since 2012. Globally, every continent is below average, with Africa and the Americas at record lows.
Zelensky Shifts Tone After Russian Strikes on Kyiv Air Defenses
Ukrainian President Volodymyr Zelensky adopted a more restrained tone after Russian missile strikes reportedly destroyed Ukrainian air defense systems and set military targets ablaze in Kyiv, following his earlier confrontational social media posts.
China's First 100-GWh Energy Storage Base Begins Operations, Ships to Germany
A fully integrated 100-GWh energy storage base has started operations in Yichang, China, with its first 790-Ah large cells shipped to Germany.
Moonshot Prepares IPO Within Six Months After AI Model Rattles Tech Stocks
Chinese AI startup Moonshot has informed investors it plans to list in as early as six months, following its latest model that disrupted industry perceptions and triggered a selloff in global technology stocks.