# global economy (news sources) — RSS Amplifier Recent posts from the 3 feeds in the RSS Amplifier directory that cover global economy. Page: Feed: --- ## [CEOs earn 614 times more than workers at US’s 100 lowest-paying corporations](https://www.theguardian.com/us-news/2026/aug/27/ceo-worker-pay-ratio-us-analysis) _2026-08-27 · Michael Sainato · Business | The Guardian_ Analysis by Institute for Policy Studies found that between 2019 and 2025, CEO compensation increased 41.4% The average CEO of the US’s 100 largest, lowest-paying corporations earned 614 times more than their average worker last year, according to an analysis by the Institute for Policy Studies (IPS). IPS’s latest executive excess report analyzed compensation at the 100 S&P 500 corporations with… ## [Meta agrees to major changes to Facebook and Instagram as it settles US trial over teen addiction for up to $17bn](https://www.theguardian.com/technology/2026/aug/26/meta-social-media-addiction-trial-settlement) _2026-08-26 · Blake Montgomery and Dara Kerr · Business | The Guardian_ US tech giant agrees to establish further protections for teens such as daily usage limits and blocks on nighttime use Meta agreed to significant changes to its Instagram and Facebook apps in a settlement that ended a landmark lawsuit on Wednesday. Dozens of US states had accused the tech giant of addicting and harming children with dangerous products. The agreement curtails a major trial in… ## [Bill Gates calls for ‘human-reserved’ jobs in face of AI takeover](https://www.theguardian.com/technology/2026/aug/26/bill-gates-human-reserved-jobs-ai-takeover) _2026-08-26 · Mark Sweney · Business | The Guardian_ In 6,000-word essay Microsoft co-founder also expresses concern governments not prepared for technology’s impact Business live – latest updates Bill Gates has called for “human-reserved” jobs in certain sectors to prevent AI replacing them, and expressed concern that governments are not prepared for the impact the technology will have. In a 6,000 word essay titled The turbulent AI era is here. The… ## [Wiped out: US faces surging toilet paper prices amid trade war with Canada](https://www.theguardian.com/us-news/2026/aug/26/paper-product-toilet-paper-tariffs-us-canada) _2026-08-26 · Lauren Aratani in New York · Business | The Guardian_ Paper products among hardest-hit sectors after trade negotiations broke down, with 25-50% tariffs estimated Are you a Canadian boycotting US products? We’d like to hear from you Using the bathroom or having a cry is about to become more expensive for North Americans as the US and Canada enter a full-fledged trade war that threatens to flush away decades of peaceful trading between the two nations.… ## [London rollout of robotaxis delayed amid lack of guidance for firms to follow](https://www.theguardian.com/technology/2026/aug/26/london-rollout-robotaxis-delayed-uber-wayve) _2026-08-26 · Mark Sweney · Business | The Guardian_ Uber and Wayve had said they would start trips ‘later this summer’ but launch now looks unlikely this year Business live – latest updates The rollout of robotaxis on the streets of London is unlikely to happen this year, as regulatory and technical hurdles push back the ambitious schedule set out by the UK government. Only weeks ago Uber and London-based Wayve were granted the first minicab… ## [Fears grow for fourth rate hike after Australia sees higher-than-expected July inflation](https://www.theguardian.com/australia-news/2026/aug/26/fears-grow-for-fourth-rate-hike-after-higher-than-expected-july-inflation-rate) _2026-08-26 · Patrick Commins Economics editor · Economics | The Guardian_ Bureau of Statistics says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Fears are growing that the Reserve Bank will hit millions of mortgage holders with a fourth rate hike this year, after inflation eased in July but by… ## [Is the Trump Treasury panicking over the level of US debt?](https://www.theguardian.com/business/2026/aug/26/is-the-trump-treasury-panicking-over-the-level-of-us-debt) _2026-08-26 · Kenneth Rogoff · Economics | The Guardian_ With the federal deficit near 6% of GDP and the national debt over $40tn, America’s fiscal position looks increasingly precarious Bessent ‘will lose’ battle with bond markets, ex-mentor warns Are we seeing the first signs of panic in Donald Trump’s Treasury? The US is by far the world’s biggest debtor, and the steady rise in global long-term interest rates – which I have long argued was inevitable… ## [Pakistan seeks strategic economic partnership with Saudi Arabia: PM](https://thenewstoday.com.pk/pakistan-seeks-strategic-economic-partnership-with-saudi-arabia-pm/?utm_source=rss&utm_medium=rss&utm_campaign=pakistan-seeks-strategic-economic-partnership-with-saudi-arabia-pm) _2026-08-26 · TNT Monitoring Desk · TNT_ By APP ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Tuesday said Pakistan was keen to elevate its economic relationship with the Kingdom of Saudi Arabia into a mutually beneficial strategic economic partnership in line with the vision of Crown Prince and Prime Minister Mohammed bin Salman. A high-level Saudi business delegation, led by Chairman of \[…\] The post Pakistan seeks strategic… ## [Swat University students gain hands-on police training experience during internship](https://thenewstoday.com.pk/swat-university-students-gain-hands-on-police-training-experience-during-internship/?utm_source=rss&utm_medium=rss&utm_campaign=swat-university-students-gain-hands-on-police-training-experience-during-internship) _2026-08-26 · Arshad Ali Jaan · TNT_ SWAT: Students of the University of Swat (UOS) completed a four-week internship at the Police Training School (PTS), Swat, gaining first-hand exposure to the physical and academic training of police recruits. According to a press release issued by UOS, the internship included field visits, interactive lectures by police trainers and senior officers, and sessions by \[…\] The post Swat University… ## [Ayaz Sadiq stresses unity, tolerance, justice on Eid Milad-un-Nabi](https://thenewstoday.com.pk/ayaz-sadiq-stresses-unity-tolerance-justice-on-eid-milad-un-nabi/?utm_source=rss&utm_medium=rss&utm_campaign=ayaz-sadiq-stresses-unity-tolerance-justice-on-eid-milad-un-nabi) _2026-08-26 · TNT Monitoring Desk · TNT_ By APP ISLAMABAD: Speaker of the National Assembly Sardar Ayaz Sadiq has extended felicitations to the Muslim Ummah, particularly the people of Pakistan, on the occasion of Eid Milad-un-Nabi (PBUH). In his message, Sardar Ayaz Sadiq said the life and teachings of the Holy Prophet Hazrat Muhammad Mustafa (PBUH) provide a model of mercy, love, \[…\] The post Ayaz Sadiq stresses unity, tolerance,… ## [Ask the crowd: AI or not (Sponsored)](https://crawlproof.com/a/UIDSzXF0svYz) _2026-08-26 · **Sponsored**_ Get a transparent verdict from verified humans via web, RSS, or API. ## [Swat residents protest prolonged load shedding](https://thenewstoday.com.pk/swat-residents-protest-prolonged-load-shedding/?utm_source=rss&utm_medium=rss&utm_campaign=swat-residents-protest-prolonged-load-shedding) _2026-08-25 · Arshad Ali Jaan · TNT_ SWAT: Local residents on Tuesday staged a demonstration against prolonged power outages, with a large number of people gathering in Rahat Kot area of Bar Swat district. The protesters blocked major road leading to Kalam for four hours, bringing traffic to a standstill and leaving school students and other passengers trapped. The demonstrators also chanted \[…\] The post Swat residents protest… ## [China denounces US threat of sanctions over trade with Iran](https://www.theguardian.com/world/2026/aug/25/china-us-sanctions-iran-oil) _2026-08-25 · Julian Borger Senior international correspondent · Business | The Guardian_ Beijing says it will take ‘all necessary measures’ to protect its interests as US steps up efforts to isolate Tehran Explainer: could US sanctions threaten China-Iran ties? China has denounced the threat of US sanctions for its trade with Iran , saying any such measures would be illegal, and warned it would take “all necessary measures” to protect its national interests. Beijing’s rejection of the… ## [Canada announces 50% retaliatory tariffs on hundreds of US imports as trade war escalates – video](https://www.theguardian.com/world/video/2026/aug/25/canada-tariffs-us-goods-mark-carney) _2026-08-25 · Economics | The Guardian_ Announcement of tariffs on $20bn worth of US goods follows through on Mark Carney's vow to match US tariffs 'dollar for dollar' Continue reading... ## [Canada announces retaliatory tariffs on wide range of US goods](https://www.theguardian.com/world/2026/aug/25/canada-retaliatory-tariffs-on-range-of-us-goods) _2026-08-25 · Leyland Cecco in Toronto · Business | The Guardian_ Ottawa’s ‘focused response’ to levies imposed by Donald Trump on Canadian products comes after trade talks collapsed last week US politics live – latest updates Canada has announced it will impose tariffs on a wide range of key American industries including cosmetics, dairy, wood products and outdoor equipment in the coming weeks, as it retaliates roughly “dollar for dollar” against levies imposed… ## [US consumer confidence falls in August as gas prices remain above $4 per gallon](https://www.theguardian.com/business/2026/aug/25/us-consumer-confidence-falls) _2026-08-25 · Associated Press · Economics | The Guardian_ Confidence index drops to 89.4 in August from 90.2 in July amid frustration after five years of elevated inflation Americans’ confidence in the economy declined again this month as the ongoing conflict in Iran continued to push US gasoline prices above $4 per gallon. The Conference Board said on Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That was the… ## [VW workers boo boss as he urges them to ‘pull together’ amid job cuts](https://www.theguardian.com/business/2026/aug/25/vw-workers-boo-boss-as-he-urges-them-to-pull-together-amid-job-cuts) _2026-08-25 · Kate Connolly in Berlin · Business | The Guardian_ Oliver Blume faces workforce at German HQ as carmaker struggles against Chinese competition and US tariffs The chief executive of Volkswagen has faced boos and whistles of protest at the company’s headquarters after telling thousands of workers that a comprehensive reorganisation, which could include job losses and factory closures, is vital for its future. As Oliver Blume urged more than 10,000… ## [New York business group sues Mamdani over city-owned grocery stores plan](https://www.theguardian.com/us-news/2026/aug/25/zohran-mamdani-lawsuit-city-owned-grocery-stores) _2026-08-25 · Anna Betts · Business | The Guardian_ Multicultural Business Coalition sues New York City mayor, alleging plan for city-run stores will harm smaller grocers A New York City business group sued mayor Zohran Mamdani on Monday over his plan to create five municipally owned grocery stores. The Multicultural Business Coalition, which says it represents hundreds of small supermarkets, filed two lawsuits in New York county supreme court on… ## [Iran vows to resist expanded US sanctions as Pakistan pushes for Talks](https://thenewstoday.com.pk/iran-vows-to-resist-expanded-us-sanctions-as-pakistan-pushes-for-talks/?utm_source=rss&utm_medium=rss&utm_campaign=iran-vows-to-resist-expanded-us-sanctions-as-pakistan-pushes-for-talks) _2026-08-25 · TNT Monitoring Desk · TNT_ By Reuters WASHINGTON: Iran ​pledged to fight back against expanded U.S. sanctions aimed at isolating its economy, expressing confidence that major trading partners would resist the pressure campaign and saying that Washington was keen to ‌revive talks. Almost six months into a conflict the U.S. has struggled to resolve, Treasury Secretary Scott Bessent unveiled the \[…\] The post Iran vows to… ## [Easypaisa Digital Bank posts Rs8.26bn pre-tax profit in first half of 2026](https://thenewstoday.com.pk/easypaisa-digital-bank-posts-rs8-26bn-pre-tax-profit-in-first-half-of-2026/?utm_source=rss&utm_medium=rss&utm_campaign=easypaisa-digital-bank-posts-rs8-26bn-pre-tax-profit-in-first-half-of-2026) _2026-08-25 · Our Correspondent · TNT_ ISLAMABAD: The Bank reported a robust financial performance, posting a Profit Before Tax (PBT) of PKR 8.26 billion and a Profit After Tax (PAT) of PKR 5.78 billion, representing a 2.27x increase in PBT compared to the corresponding period last year. Earnings per share stood at PKR 9.61. The Bank’s performance was driven by sustained \[…\] The post Easypaisa Digital Bank posts Rs8.26bn pre-tax profit… ## [‘The day I disclose, my career is over’: the journalist facing an $800 daily fine to keep her sources secret](https://www.theguardian.com/media/ng-interactive/2026/aug/25/catherine-herridge-journalist-supreme-court) _2026-08-25 · Jeremy Barr in Washington · Business | The Guardian_ If Catherine Herridge’s petition to the US supreme court fails, she’ll be on the hook for a daily fine until she discloses her sources – a case unsettling press freedom organizations For 18 days this summer, veteran journalist Catherine Herridge walked to her Washington DC mailbox and dropped off a check for $800. The money was required by law to cover a judge-imposed sanction after she was found… ## [Trade Smarter With IBKR (Sponsored)](https://crawlproof.com/a/YMBIaXWzyQBS) _2026-08-25 · **Sponsored**_ Join Interactive Brokers through a referral and access low-cost global trading. ## [US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns](https://www.theguardian.com/business/2026/aug/25/us-treasury-scott-bessent-bond-buying-donald-trump-stanley-druckenmiller) _2026-08-25 · Graeme Wearden · Economics | The Guardian_ Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller Scott Bessent’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury secretary’s former mentor. The billionaire investor Stanley Druckenmiller, who worked with Bessent at George Soros’s fund management firm in the… ## [How Muhammad Usman Malik Found His Fashion Voice](https://thenewstoday.com.pk/how-muhammad-usman-malik-found-his-fashion-voice/?utm_source=rss&utm_medium=rss&utm_campaign=how-muhammad-usman-malik-found-his-fashion-voice) _2026-08-25 · TNT Blog · TNT_ By Rameena Gulzar For Muhammad Usman Malik, fashion has gradually become more than just something he wears for a red carpet, a photoshoot or a public appearance. It has become part of his identity. The Pakistani actor, model and singer has developed a reputation for taking risks with his wardrobe, moving between contemporary menswear, statement \[…\] The post How Muhammad Usman Malik Found His… ## [The Long Road Behind the Louis Vuitton Name](https://thenewstoday.com.pk/the-long-road-behind-the-louis-vuitton-name/?utm_source=rss&utm_medium=rss&utm_campaign=the-long-road-behind-the-louis-vuitton-name) _2026-08-25 · Irfan Ghauri · TNT_ Before Louis Vuitton Became a Name, There Was a Young Man Walking to Paris When people see the familiar Louis Vuitton monogram today, they usually think of luxury. The brown-and-beige pattern has become one of the most recognisable symbols in fashion, appearing on handbags, luggage and accessories around the world. But there is another story \[…\] The post The Long Road Behind the Louis Vuitton Name… ## [Up to £464m ‘moved through more than 3,000 UK high street shell companies’](https://www.theguardian.com/business/2026/aug/24/up-to-464m-moved-through-more-than-3000-uk-shell-companies-branded) _2026-08-24 · Simon Goodley · Economics | The Guardian_ Research shows firms are branded as beauty and convenience but apparently operate in money-laundering and terrorist financing sectors Up to £464m has “moved through” more than 3,000 UK shell companies branded as beauty and convenience stores but apparently operating in the money-laundering and terrorist financing sectors, a new analysis sets out. The companies – listed as hairdressers, barber… ## [Iran vows to retaliate against countries that cooperate with fresh US sanctions](https://www.theguardian.com/world/2026/aug/24/iran-vows-retaliate-countries-cooperate-fresh-us-sanctions) _2026-08-24 · Patrick Wintour Diplomatic editor · Economics | The Guardian_ Test of US rhetoric will rest on whether nations such as India, China and Russia view economic threats as credible Tehran has vowed to retaliate against any country that cooperates with the US attempt to impose fresh sanctions against Iran in what the Treasury secretary, Scott Bessent, has billed as “the single greatest financial offensive ever marshalled against an adversary”. In advance of the… ## [The treasury bond mess: is this the demise of the US as a safe haven?](https://www.theguardian.com/business/2026/aug/24/treasury-bonds-trump-administration-debt) _2026-08-24 · Eduardo Porter · Economics | The Guardian_ The US is scooping up treasury bonds in an effort to raise their price and push yields down – but it’s not working The bond market is driving the Trump administration crazy. Last week, the treasury secretary, Scott Bessent, announced that the government would sharply ramp up its purchase of treasury bonds, in an effort to raise their price and thus push down their yield, which amounts to the… ## [UK graduate job vacancies plunge to lowest in a decade](https://www.theguardian.com/business/2026/aug/24/uk-graduate-job-vacancies-plunge-adzuna) _2026-08-24 · Alex Daniel · Economics | The Guardian_ Just 8,383 jobs for people leaving university were advertised in July, says recruitment website Adzuna Business live – latest updates Graduate job vacancies in the UK have sunk to their lowest level since they started being tracked a decade ago, according to a recruiting website. Just 8,383 jobs for people leaving university were advertised in July, Adzuna reported on Monday, down 45% compared… ## [New Fed chair faces critical test at Jackson Hole as inflation fears mount](https://www.theguardian.com/business/2026/aug/24/fed-chair-kevin-warsh-faces-critical-test-jackson-hole-inflation-fears-mount) _2026-08-24 · Richard Partington Senior economics correspondent · Economics | The Guardian_ Investors will hope Kevin Warsh offers ‘comfort blanket’ at annual meeting of central banks amid bond market anxiety The new US Federal Reserve chair, Kevin Warsh, faces a critical test this week amid anxiety in government bond markets over inflation and Donald Trump’s tax and spending plans. As the world’s most powerful central bank prepares for its annual Jackson Hole conference, analysts said… ## [First lady expresses concern over Hina Javed murder, calls for justice](https://thenewstoday.com.pk/first-lady-expresses-concern-over-hina-javed-murder-calls-for-justice/?utm_source=rss&utm_medium=rss&utm_campaign=first-lady-expresses-concern-over-hina-javed-murder-calls-for-justice) _2026-08-23 · TNT Monitoring Desk · TNT_ ISLAMABAD: First Lady Bibi Asifa Bhutto Zardari, MNA, Sunday, expressed deep concern and sorrow over the reported brutal murder of Hina Javed in Rawalpindi, and conveyed her solidarity and condolences to the bereaved family, APP reported. “She called upon the Government of Punjab to ensure a thorough inquiry and proper investigation into the heinous crime \[…\] The post First lady expresses concern… ## [From science fair to strategic showcase: a decade of China’s robot games](https://thenewstoday.com.pk/from-science-fair-to-strategic-showcase-a-decade-of-chinas-robot-games/?utm_source=rss&utm_medium=rss&utm_campaign=from-science-fair-to-strategic-showcase-a-decade-of-chinas-robot-games) _2026-08-23 · TNT Blog · TNT_ By Reuters BEIJING: It’s been called the Robot Olympics. But unlike the human Olympics, Team China is collecting almost all the medals. Over the past decade, robotic competitions in China have provided a window into the advances of a now-surging sector – and the importance of its success as a strategic industry singled out by \[…\] The post From science fair to strategic showcase: a decade of… ## [Accept your Doppler invite (Sponsored)](https://crawlproof.com/a/ZbNCQZpRKrI7) _2026-08-23 · **Sponsored**_ Create your Doppler account using the invite code you received. ## [After Military Failure, Trump Turns to Economic War on Iran](https://thenewstoday.com.pk/after-military-failure-trump-turns-to-economic-war-on-iran/?utm_source=rss&utm_medium=rss&utm_campaign=after-military-failure-trump-turns-to-economic-war-on-iran) _2026-08-23 · Qamar Bashir · TNT_ The geopolitical landscape has witnessed few spectacles as paradoxical as the recent confrontation between the coalition of the United States and Israel against the Islamic Republic of Iran. What was predicted by Western military analysts and policymakers to be a swift, decisive campaign—a “shock and awe” reminiscent of the opening salvos of the 2003 Iraq \[…\] The post After Military Failure, Trump… ## [Pakistan army chief Munir to visit Tehran amid US-Iran tensions](https://thenewstoday.com.pk/pakistan-army-chief-munir-to-visit-tehran-amid-us-iran-tensions/?utm_source=rss&utm_medium=rss&utm_campaign=pakistan-army-chief-munir-to-visit-tehran-amid-us-iran-tensions) _2026-08-23 · TNT Monitoring Desk · TNT_ By Reuters AIRO: Pakistan’s army chief Asim Munir will visit Tehran on Monday to continue efforts to bring peace ​and security to the region, Iran’s foreign ministry spokesperson Esmaeil ‌Baghaei said on Sunday, according to a statement by the ministry. Pakistan has taken on a mediator role in negotiations between Iran and the U.S. aimed \[…\] The post Pakistan army chief Munir to visit Tehran amid… ## [Federal govt authorises six-month Army deployment in Rawalpindi](https://thenewstoday.com.pk/federal-govt-authorises-six-month-army-deployment-in-rawalpindi/?utm_source=rss&utm_medium=rss&utm_campaign=federal-govt-authorises-six-month-army-deployment-in-rawalpindi) _2026-08-22 · TNT Monitoring Desk · TNT_ ISLAMABAD: The federal government deployed three companies of the Pakistan Army in Rawalpindi for six months for “sensitive security duties”, an order issued on Saturday. According to the interior ministry’s order: “Pursuant to the request made by the Punjab Home Department \[…\] the federal government, in exercise of the powers conferred under Article 245 of \[…\] The post Federal govt authorises… ## [Princess Fahda honors female winners of international Quran competition](https://thenewstoday.com.pk/princess-fahda-honors-female-winners-of-international-quran-competition/?utm_source=rss&utm_medium=rss&utm_campaign=princess-fahda-honors-female-winners-of-international-quran-competition) _2026-08-22 · TNT Monitoring Desk · TNT_ By APP MAKKAH: Under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, Princess Fahda bint Falah Al Hathleen, spouse of the Custodian of the Two Holy Mosques, honored the female winners of the 46th King Abdulaziz International Competition for Memorizing, Reciting, and Interpreting the Holy Quran during the \[…\] The post Princess Fahda honors female winners of… ## [PTI, Khan’s sisters committed contempt of court, says Tarar](https://thenewstoday.com.pk/pti-khans-sisters-committed-contempt-of-court-says-tarar/?utm_source=rss&utm_medium=rss&utm_campaign=pti-khans-sisters-committed-contempt-of-court-says-tarar) _2026-08-22 · TNT Monitoring Desk · TNT_ By APP ISLAMABAD: Pakistan’s Federal Minister for Information and Broadcasting Attaullah Tarar on Saturday said the Pakistan Tehreek-e-Insaf (PTI) and its founder’s sisters have been committing contempt of the court by actively politicizing his health and disrupting his medical care. “If anyone is in contempt, it is the PTI leadership and their founder’s sisters,” Tarar \[…\] The post PTI, Khan’s… ## [Canada vows ‘dollar for dollar’ response as US puts 50% tariffs on some goods](https://www.theguardian.com/world/2026/aug/22/canada-tariffs-trump-trade-deal-talks-fail) _2026-08-22 · William Christou and agencies · Business | The Guardian_ Collapse of trade talks could lead to job losses, but biggest impact on traditional allies is expected to be political The US has imposed 50% tariffs on some goods from Canada, and the country’s prime minister, Mark Carney, has vowed to match them “dollar for dollar” after the collapse of trade talks. The tariffs came into force on about $20bn (£14.6bn) of goods – ranging from hockey sticks to… ## [Pakistan, Egypt, Türkiye and others reject Israel’s E1 settlement plan](https://thenewstoday.com.pk/pakistan-egypt-turkiye-and-others-reject-israels-e1-settlement-plan/?utm_source=rss&utm_medium=rss&utm_campaign=pakistan-egypt-turkiye-and-others-reject-israels-e1-settlement-plan) _2026-08-22 · TNT Monitoring Desk · TNT_ By APP ISLAMABAD: The Foreign Ministers of Pakistan, Egypt, Türkiye, Indonesia, Jordan, Qatar, Saudi Arabia and the United Arab Emirates Friday unequivocally condemned Israel’s continued illegal settlement policies in the Occupied Palestinian Territory and categorically rejected the “E1” settlement plan and related settlement activities east of occupied East Jerusalem. In a joint statement, they… ## [Can Israel Dictate Syria’s Military Partnerships with Turkey?](https://thenewstoday.com.pk/can-israel-dictate-syrias-military-partnerships-with-turkey/?utm_source=rss&utm_medium=rss&utm_campaign=can-israel-dictate-syrias-military-partnerships-with-turkey) _2026-08-22 · Qamar Bashir · TNT_ Israel’s latest airstrikes on Syria’s Abu al-Duhur airbase have opened a much larger question than the fate of one military facility. They raise a fundamental issue about sovereignty in the emerging Middle East: can Israel legitimately determine which countries Syria may cooperate with militarily, and how far can the doctrine of preventive security be stretched \[…\] The post Can Israel Dictate… ## [Kashmir Council EU chairman criticizes US ambassador’s statement on Jammu & Kashmir](https://thenewstoday.com.pk/kashmir-council-eu-chairman-criticizes-us-ambassadors-statement-on-jammu-kashmir/?utm_source=rss&utm_medium=rss&utm_campaign=kashmir-council-eu-chairman-criticizes-us-ambassadors-statement-on-jammu-kashmir) _2026-08-21 · Our Correspondent · TNT_ Brussels: Chairman of the Kashmir Council Europe –KCEU, Ali Raza Syed, has expressed deep concern over a statement by Sergio Gor, the U.S. Ambassador to India, in which he described Jammu and Kashmir as “an important part of India.” In a statement, Ali Raza Syed said that by making this statement, the US Ambassador had \[…\] The post Kashmir Council EU chairman criticizes US ambassador’s statement… ## [What does Tyson’s shutdown of two US beef plants mean for grocery costs?](https://www.theguardian.com/business/2026/aug/21/tyson-foods-close-facilities-beef-prices-cattle-shortage) _2026-08-21 · Gaya Gupta · Business | The Guardian_ Meat producer closes facilities in Utah and Iowa as beef prices rise for consumers amid historic cattle shortage Tyson Foods, the largest meatpacking company in the US, announced last week that it is closing two of its facilities in Iowa and Utah and selling a beef facility in Washington state, and will lay off hundreds of workers as the supply of cattle hits a 75-year low. The historic cattle… ## [Retail sales in Great Britain fall despite heatwave increasing food and drink demand](https://www.theguardian.com/business/2026/aug/21/retail-sales-in-great-britain-fall-despite-heatwave-increasing-food-and-drink-demand) _2026-08-21 · Kalyeena Makortoff · Economics | The Guardian_ Volume of goods sold in stores and online dropped 0.5% in July, ONS says Business live – latest updates Retail sales across Great Britain weakened last month despite the men’s football World Cup and record temperatures boosting the demand for food and drink. The Office for National Statistics said the volume of goods sold in stores and online fell 0.5% in July. That is down from 0.7% rise in June… ## [UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget](https://www.theguardian.com/politics/2026/aug/21/uk-unexpected-deficit-john-healey-prepares-for-first-budget) _2026-08-21 · Heather Stewart Economics editor · Economics | The Guardian_ July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlier Business live – latest updates The UK government ran a larger-than-expected £1.8bn deficit in July, underlining the challenges facing the chancellor, John Healey, as he draws up his first budget. City economists had expected a shortfall of zero for July, a month when Treasury receipts tend to be swollen by… ## [US threatens ‘toughest sanctions in history’ on Iran as Trump warns of economic consequences](https://thenewstoday.com.pk/us-threatens-toughest-sanctions-in-history-on-iran-as-trump-warns-of-economic-consequences/?utm_source=rss&utm_medium=rss&utm_campaign=us-threatens-toughest-sanctions-in-history-on-iran-as-trump-warns-of-economic-consequences) _2026-08-21 · TNT Monitoring Desk · TNT_ By Reuters DUBAI: U.S. Treasury chief Scott Bessent said the United States will impose “the toughest sanctions in history” on Iran, a move he suggested would lessen the need for new major military operations. Bessent’s ​comments on Thursday followed President Donald Trump’s threat a day earlier of “Economic Warfare” and warning of economic consequences against \[…\] The post US threatens ‘toughest… ## [Michael Cohen, ex-fixer for Trump who once testified against him, hosts president on his radio show – as it happened](https://www.theguardian.com/us-news/live/2026/aug/20/donald-trump-national-debt-borrowing-record-michael-cohen-canada-iran-latest-news-updates) _2026-08-21 · Robert Mackey (now); Lucy Campbell, George Chidi and Vivian Ho (earlier) · Economics | The Guardian_ Despite previously comparing him to a ‘mobster’, Trump’s former personal lawyer showers him with praise. This blog is now closed. Trump administration faces questions over top aide Natalie Harp’s security clearance Sign up for the US Breaking News email An FBI team seized electronic devices from former US representative Eric Swalwell at the San Francisco airport on Saturday, then raided his home… ## [Fashion tech founder sentenced to prison for $300m fraud scheme](https://www.theguardian.com/business/2026/aug/20/christine-hunsicker-caastle-sentenced-prison) _2026-08-20 · Victoria Bekiempis · Business | The Guardian_ Christine Hunsicker, former CEO of CaaStle, gave investors falsified documents that overstated profit and cash reserves A fashion tech founder was sentenced to five years in federal prison for her involvement in a $300m “fraud scheme” spanning from 2019 to 2025, the Manhattan US attorney’s office announced on Thursday. Christine Hunsicker, 49, was also sentenced to three years of supervised… ## [Security tightened at Shifa Hospital as deadline nears for Imran Khan’s transfer](https://thenewstoday.com.pk/security-tightened-at-shifa-hospital-as-deadline-nears-for-imran-khans-transfer/?utm_source=rss&utm_medium=rss&utm_campaign=security-tightened-at-shifa-hospital-as-deadline-nears-for-imran-khans-transfer) _2026-08-20 · TNT Monitoring Desk · TNT_ ISLAMABAD: Security has been tightened outside Shifa International Hospital, with a heavy deployment of police personnel as the deadline set by the Supreme Court for transferring Pakistan Tehreek-e-Insaf founder Imran Khan to the facility for medical treatment draws closer. The Shifa medical team will examine him after his arrival at the hospital. Two members \[…\] The post Security tightened at… ## [Why is the Trump administration causing turmoil in the bond markets? | Richard Partington](https://www.theguardian.com/business/2026/aug/20/why-us-bond-market-turmoil-hitting-governments-worldwide) _2026-08-20 · Richard Partington Senior economics correspondent · Economics | The Guardian_ As yields are dragged higher in the UK, Europe and Japan, the impact for consumers and businesses will be far-reaching ‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending Government borrowing costs around the world have surged to the highest levels in decades amid growing fears over US bond market turmoil. Anxiety about Donald Trump’s handling of the US economy, and… ## [‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending](https://www.theguardian.com/business/2026/aug/20/us-national-debt-republicans) _2026-08-20 · Eduardo Porter · Economics | The Guardian_ The enormous US debt under Trump will hobble the next Democratic administration – just as the GOP planned Why is the Trump administration causing turmoil in the bond markets? You could pin the US’s staggering $40tn in government debt to Donald Trump’s Keystone Cops-style governance. Tariffs he sold as a new source of revenue were struck down by the supreme court, forcing the government to return… ## [Boohoo fined €2.3m by French watchdog over deceptive discounts](https://www.theguardian.com/business/2026/aug/20/boohoo-fined-by-french-watchdog-deceptive-discounts) _2026-08-20 · Sarah Butler · Business | The Guardian_ Fashion site also broke rules on labelling by using terms ‘leather’ or ‘suede’ for synthetic products The British online fashion seller Boohoo has been fined €2.3m (£2m) by France’s consumer watchdog ⁠for deceptive ⁠practices ​such as offering fake discounts. The Manchester-based firm, whose parent company renamed itself Debenhams Group last year, was found to have exaggerated the discounts it was… ## [Founder of China’s Evergrande jailed for life after pleading guilty to fraud](https://www.theguardian.com/business/2026/aug/20/evergrande-founder-jailed-life-fraud-hui-ka-yan) _2026-08-20 · Amy Hawkins Senior China correspondent · Business | The Guardian_ Hui Ka Yan also forfeits all his personal property and the company he set up is given hefty fines Business live – latest updates The founder of Evergrande, one of China’s largest property developers, has been sentenced to life in prison and had all of his personal property confiscated. Hui Ka Yan, 67 and once named by Forbes as China’s richest man, with a net worth of $42.5bn (£31.2bn) in 2017,…