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BREAKINGCarney: Canada will impose retaliatory US tariffs from September 8

Putin: Fuel issues are being resolved, Mishustin is keeping situation under control

Russian President Vladimir Putin said fuel problems have not all been resolved, but work to settle them is underway and Prime Minister Mikhail Mishustin is keeping the situation under control. A special commission has been established to address the issues.

Energy & commoditiesRussiafuel supplygovernment oversight

TTASSOriginal★★★☆☆2026-08-23 11:56

Putin: Fuel issues are being resolved, Mishustin is keeping situation under control
  • Putin: Government must keep fuel situation under control

    Russian President Vladimir Putin said the country’s fuel issue must remain under government control. He acknowledged that people are facing certain inconveniences but said the government must keep the situation under control.

    RussiaVladimir Putinfuelgovernment

    TTASS★★★☆☆2026-08-23 11:22Original

US-Canada trade talks collapse, leaving Mark Carney facing a crucial test

The long-standing allies and economic partners have been drawn into an escalating trade war. Canadian Prime Minister Mark Carney suspended talks with Donald Trump and chose retaliation, saying the US demanded too much while offering too little. He must now convince Canadians that enduring economic pain to secure a better deal is worthwhile.

Trade & sanctionsUS-Canada trade wartariffsMark CarneyDonald Trump

BBBC ChineseOriginal★★★★☆2026-08-23 11:36

US-Canada trade talks collapse, leaving Mark Carney facing a crucial test
US-Canada trade talks collapse, leaving Mark Carney facing a crucial test
  • ‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war
    ‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war

    Trade talks between the US and Canada have collapsed into a trade war, with Washington imposing 50% tariffs on $20bn of Canadian goods. Prime Minister Mark Carney says Canada was ‘attacked’ and vows to match the measures dollar for dollar, while the escalation puts the future of the USMCA in doubt.

    United StatesCanadatrade wartariffs

    TThe Guardian★★★★☆2026-08-23 11:00Original
  • US-Canada trade dispute escalates after Carney announces retaliatory tariffs
    US-Canada trade dispute escalates after Carney announces retaliatory tariffs

    US and Canadian negotiators had been nearing a trade agreement earlier this week, but talks collapsed after both governments accused the other of making last-minute changes. Prime Minister Mark Carney announced retaliatory tariffs after Washington imposed a 50% levy on $20 billion worth of Canadian goods, and addressed Canadians on Saturday for the first time since the breakdown.

    US-Canada traderetaliatory tariffsMark Carney

    FFrance 24★★★★☆2026-08-23 09:02Original
  • Trump says Canada wants ‘benefits of being a state’ as trade war deepens
    Trump says Canada wants ‘benefits of being a state’ as trade war deepens

    US President Donald Trump attacked Canada on Sunday, saying it wanted “the benefits of being a State, without being one.” His remarks followed Canadian Prime Minister Mark Carney’s announcement of retaliatory tariffs after describing the existing deal as a “bad deal.” Talks between the longtime allies broke down in Washington on Friday, signaling a widening rift.

    US-Canada relationstrade wartariffsDonald Trump

    FFrance 24★★★★☆2026-08-23 06:56Original
  • The Atlantic: Trump is losing the trade war with Canada

    The Atlantic says Donald Trump’s threats and pressure on Ottawa have failed to deliver results, leaving the US president behind in the trade conflict. Canadian Prime Minister Mark Carney said negotiations were suspended and Canada would impose retaliatory tariffs from September 8, while US tariffs of 50% on some Canadian goods took effect Saturday.

    Donald TrumpCanadatrade war

    TTASS★★★★☆2026-08-23 04:53Original
  • ‘You just can’t trust Trump’: Canadian premiers fire back in trade war
    ‘You just can’t trust Trump’: Canadian premiers fire back in trade war

    Canadian Prime Minister Mark Carney and provincial premiers have responded after US President Donald Trump imposed 50 percent tariffs on about $20bn of Canadian goods. British Columbia Premier David Eby said Trump cannot be trusted.

    CanadaDonald Trumptariffstrade war

    AAl Jazeera★★★★☆2026-08-23 03:42Original
  • Canada to hit US with retaliatory tariffs as trade war escalates
    Canada to hit US with retaliatory tariffs as trade war escalates

    Prime Minister Mark Carney says Canada will impose dollar-for-dollar tariffs on US steel, dairy, appliances, agricultural equipment, pulp and paper, electronics and other goods from September 8. He said Washington’s conditions were uneconomic, unfair and undermined Canada’s sovereignty after trade talks broke down.

    CanadaUnited Statestariffstrade war

    AAl Jazeera★★★★☆2026-08-23 02:34Original
  • Carney says Canada is now 'at war,' vows retaliatory tariffs on US goods
    Carney says Canada is now 'at war,' vows retaliatory tariffs on US goods

    Canadian Prime Minister Mark Carney said Canada was “at war” in its trade dispute with the United States and would impose tariffs on U.S. steel, electronics and other imports from September 8. The measures are intended to match President Donald Trump’s new 50% tariffs dollar for dollar after negotiations between the two countries collapsed.

    CanadaUnited Statestrade wartariffs

    CCGTN★★★★☆2026-08-23 01:04Original

Hormuz crisis hides a deeper oil threat that could outlast the war

Petroleum geologist Art Berman warns that about 8 million barrels per day of Persian Gulf production remains shut in, and restarting the wells is far more complicated than reopening the Strait of Hormuz. Some wells could need weeks or months to recover, while others may never fully regain their former output.

Energy & commoditiesStrait of Hormuzoil supplyPersian Gulfenergy markets

FFox NewsOriginal★★★★☆2026-08-23 10:00

Hormuz crisis hides a deeper oil threat that could outlast the war
Hormuz crisis hides a deeper oil threat that could outlast the war
  • Middle East live: Iran president says country faces ‘many problems’ as US sanctions loom
    Middle East live: Iran president says country faces ‘many problems’ as US sanctions loom

    Iranian President Masoud Pezeshkian said Sunday that the country was dealing with “many problems,” including inflation, livelihood difficulties and unemployment, while authorities work to secure the people’s future. His remarks followed a US pledge to seek the regime’s “collapse” through a newly announced sanctions campaign.

    IranUS sanctionsinflationMiddle East

    FFrance 24★★★★☆2026-08-23 09:23Original
  • Iran escalates threats as US pushes economic isolation
    Iran escalates threats as US pushes economic isolation

    Tensions between Iran and the United States are continuing to rise. Tehran says it may consider any country joining US sanctions an enemy, in response to Washington’s drive to isolate Iran’s economy. The US is due to outline its strategy at a press conference on Monday.

    IranUnited Statessanctionseconomic isolation

    FFrance 24★★★★☆2026-08-23 09:02Original

Wall Street helped build modern China. But is it now being cast aside?

For decades, Wall Street figures including Henry Paulson, Stephen Schwarzman and Ray Dalio were celebrated as “old friends of China,” welcomed by senior officials and given rare access to the country’s top leadership. American financiers still visit and do business in China, but private meetings with top leaders have largely diminished.

MarketsChinaWall Streetcapital marketsUS-China finance

SSouth China Morning PostOriginal★★★☆☆2026-08-23 10:00

Wall Street helped build modern China. But is it now being cast aside?
Wall Street helped build modern China. But is it now being cast aside?

Buc-ee’s faces Ohio backlash over mini-mart’s beaver logo

A small Ohio convenience shop’s beaver emblem is at the center of a dispute that has put Buc-ee’s under fire. The gas-station chain is facing criticism over a trademark case, one of the infringement suits it frequently pursues.

OtherBuc-ee’sOhiotrademark lawsuit

TThe Associated PressOriginal★★☆☆☆2026-08-23 09:33

Buc-ee’s faces Ohio backlash over mini-mart’s beaver logo
Buc-ee’s faces Ohio backlash over mini-mart’s beaver logo

South Korea sends first container ship to Europe via Arctic route

South Korea has sent its first container ship along the Arctic route to Europe, seeking to avoid a traffic blockade in the Middle East. Experts warn that the shift could further accelerate the melting of polar ice.

Trade & sanctionsSouth KoreaArctic routecontainer shippingpolar ice melt

FFrance 24Original★★☆☆☆2026-08-23 09:03

South Korea sends first container ship to Europe via Arctic route
South Korea sends first container ship to Europe via Arctic route

'Huge influx': Expat retirees projected to drive Hong Kong premium home demand

Analysts expect luxury home sales in Hong Kong to benefit as more expatriates choose the city as a retirement base, attracted by its low-tax environment and business opportunities. Victoria Allan, founder and CEO of Habitat Property, said many former Hong Kong expatriates are returning with retirement in mind, while others are staying and buying property.

Companies & industryReal EstateHong Kongluxury housingexpat retireesreal estate

SSouth China Morning PostOriginal★★☆☆☆2026-08-23 08:00

'Huge influx': Expat retirees projected to drive Hong Kong premium home demand
'Huge influx': Expat retirees projected to drive Hong Kong premium home demand

Israeli politicians focus on foreign threats, ignoring spiralling debt

Wars, falling tax revenues and the departure of top earners are intensifying Israel’s debt pressures. As the parliamentary election campaign emphasizes defeating regional opponents, few leading candidates are addressing the enormous cost of multiple conflicts. Defence spending and debt-servicing costs are rising faster than tax collection, while the IMF warns that the 2026 deficit ceiling is too high to put debt on a downward path.

Macro & central banksCompanies & industryIsraelnational debtwar spendingtax revenue

AAl JazeeraOriginal★★★☆☆2026-08-23 07:46

Israeli politicians focus on foreign threats, ignoring spiralling debt
Israeli politicians focus on foreign threats, ignoring spiralling debt

Ukraine has only 72% of minimum gas volume required for winter by end of summer

Ukraine had about 9.6 bcm of gas in underground storage by the end of August, or 72% of the minimum 13.2 bcm considered necessary for winter. At the current pace, storage could reach no more than 12.1 bcm by November 1, below the planned 14.6 bcm reserve. The country is relying on domestic production after largely halting European imports because of high prices.

Energy & commoditiesUkrainenatural gasgas storagewinter supply

TTASSOriginal★★★☆☆2026-08-23 01:39

Ukraine has only 72% of minimum gas volume required for winter by end of summer

US may be forced to take unpopular measures over mounting debt — WP

The Washington Post reports that US public debt has surpassed $40 trillion and authorities may have to take measures that provoke public discontent. The country pays about $1 trillion a year in interest, while 30-year Treasury yields have exceeded 5.27%. Experts warn that raising taxes or cutting spending could hurt growth; without reforms, debt could reach $50 trillion in six years.

Macro & central banksUS debtfiscal policyTreasury interesteconomic growth

TTASSOriginal★★★★☆2026-08-23 01:07

US may be forced to take unpopular measures over mounting debt — WP

Risk psychology: Take £50,000 for sure or gamble on a 50% chance of £1 million?

A YouGov survey of 4,600 British adults found that just over one in five would gamble on a 50% chance of winning £1 million, while 82% of women and 63% of men preferred taking £50,000 for certain. BBC economics editor Faisal Islam says probability alone cannot explain the choice: diminishing marginal utility, prospect theory and loss aversion also shape how people weigh risk and reward.

OtherRisk preferencesBehavioural economicsYouGov survey

BBBC ChineseOriginal★★☆☆☆2026-08-23 00:12

Risk psychology: Take £50,000 for sure or gamble on a 50% chance of £1 million?
Risk psychology: Take £50,000 for sure or gamble on a 50% chance of £1 million?

Canada to Apply Counter-Tariffs as US Trade Feud Escalates

Canada is set to impose counter-tariffs as its trade feud with the United States escalates.

Trade & sanctionsCanadaUnited Statescounter-tariffstrade dispute

BBloomberg NewsOriginal★★★★☆2026-08-22 21:30

Canada to Apply Counter-Tariffs as US Trade Feud Escalates
Canada to Apply Counter-Tariffs as US Trade Feud Escalates
  • Carney says Canada will match US tariffs ‘dollar for dollar’
    Carney says Canada will match US tariffs ‘dollar for dollar’

    Canadian Prime Minister Mark Carney says Canada will match new US tariffs “dollar for dollar” after trade talks with Washington broke down.

    CanadaUnited Statestariffstrade talks

    AAl Jazeera★★★★☆2026-08-22 19:13Original
  • Carney: Canada will impose retaliatory US tariffs from September 8
    BREAKINGCarney: Canada will impose retaliatory US tariffs from September 8

    Canadian Prime Minister Mark Carney says Ottawa will begin imposing “dollar-for-dollar” tariffs on selected US imports on September 8, after Washington placed 50 percent duties on nearly $20bn of Canadian goods. Carney said talks collapsed when the US introduced last-minute terms that were unfair and uneconomic.

    CanadaUS tariffstrade talks

    AAl Jazeera★★★★☆2026-08-22 19:00Original
  • Canada Demand for Tariff Relief on Trucks Imperiled Trade Talks
    Canada Demand for Tariff Relief on Trucks Imperiled Trade Talks

    Trade talks between the US and Canada collapsed Friday, partly because negotiators reached a last-minute impasse over reducing US tariffs on Canadian medium- and heavy-duty vehicles, according to people familiar with the matter.

    US-Canada tradetariffstrucks

    BBloomberg News★★★★☆2026-08-22 17:30Original
  • Canada to hit back with retaliatory tariffs after US trade talks fail
    Canada to hit back with retaliatory tariffs after US trade talks fail

    Canada will impose tariffs on several US products from September 8, Prime Minister Mark Carney said, pledging to match Washington’s new duties dollar for dollar. The move follows the United States imposing 50% tariffs on a broad range of Canadian goods after trade talks collapsed. Carney described the dispute as a trade “war.”

    CanadaUnited Statestariffstrade dispute

    DDW★★★★☆2026-08-22 17:28Original
  • US set to impose 50% tariffs on $20 billion of Canadian products
    US set to impose 50% tariffs on $20 billion of Canadian products

    The United States plans to impose 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch talks failed to ease the latest strain between the long-standing allies.

    United StatesCanadatariffstrade tensions

    TThe Associated Press★★★★☆2026-08-22 15:49Original
  • Carney faces crucial test after walking away from Trump's deal
    Carney faces crucial test after walking away from Trump's deal

    Canada and the United States are entering an escalating trade war after Prime Minister Mark Carney suspended talks with President Donald Trump and retaliated against new duties rather than accept a tentative agreement. Carney must persuade Canadians and less-affected provinces that the economic pain is worth risking in pursuit of a better deal.

    CanadaUnited Statestrade wartariffs

    BBBC News★★★★☆2026-08-22 15:00Original
  • How will Trump’s tariffs affect Canada’s economy?
    How will Trump’s tariffs affect Canada’s economy?

    After trade talks collapsed, the United States imposed 50% tariffs on $20bn worth of Canadian goods, sharply escalating tensions. Trade specialist Steven Okun says the blanket measures are unlikely to cripple Canada’s economy but will hit key sectors hard and deepen the dispute.

    Canada economyUS tariffstrade dispute

    AAl Jazeera★★★★☆2026-08-22 08:01Original
  • US-Canada Trade Talks Collapse, Triggering 50% Trump Tariffs
    US-Canada Trade Talks Collapse, Triggering 50% Trump Tariffs

    US-Canada trade talks collapsed at the last minute, as new 50% tariffs on billions of dollars in Canadian goods took effect. Prime Minister Mark Carney promised retaliation.

    United StatesCanadatrade talkstariffs

    BBloomberg News★★★★☆2026-08-22 07:30Original

Putin puts Russia’s grain export potential at no less than 60 million tons

Russian President Vladimir Putin said the country’s grain export potential is at least 60 million metric tons, calling it a “good cushion” for global markets. He said export difficulties and logistical problems affecting Ukrainian wheat shipments after Russia’s retaliatory strikes would not cause a global shortage.

MarketsEnergy & commoditiesTrade & sanctionsRussiagrain exportsglobal markets

TTASSOriginal★★★☆☆2026-08-22 18:03

Putin puts Russia’s grain export potential at no less than 60 million tons

Canada to impose retaliatory tariffs across US sectors, Carney says

Prime Minister Mark Carney said Canada would impose new retaliatory tariffs on a range of US sectors and announce support measures next week for domestic industries affected by the latest US duties.

Trade & sanctionsCanadaUnited Statesretaliatory tariffstrade dispute

RReutersOriginal★★★★☆2026-08-22 18:01

Canada to impose retaliatory tariffs across US sectors, Carney says
Canada to impose retaliatory tariffs across US sectors, Carney says
  • Canada to Apply Dollar-for-Dollar US Counter-Tariffs as Trade Feud Escalates
    Canada to Apply Dollar-for-Dollar US Counter-Tariffs as Trade Feud Escalates

    Prime Minister Mark Carney said Canada will impose dollar-for-dollar counter-tariffs on US imports starting Sept. 8, intensifying a dispute shaking one of the world’s biggest trading relationships.

    CanadaUnited Statescounter-tariffstrade dispute

    BBloomberg News★★★★☆2026-08-22 16:14Original
  • Carney calls Trump's fresh tariffs a 'miscalculation' after trade talks collapse
    BREAKINGCarney calls Trump's fresh tariffs a 'miscalculation' after trade talks collapse

    Canadian Prime Minister Mark Carney called the new US tariffs a “miscalculation” intended to “hurt and divide” Canada after trade talks collapsed. He said he rejected a deal to protect Canadian sovereignty and that Canada would match US tariffs dollar-for-dollar from 8 September, including duties on steel, dairy, appliances and electronics.

    US-Canada tradetariffsMark Carney

    BBBC News★★★★☆2026-08-22 15:44Original

First South Korean container ship departs for Europe via Northern Sea Route

A container ship operated by South Korea’s Panstar has left Busan for Europe via the Northern Sea Route. It is the first voyage on the Arctic passage by a Korean commercial vessel and is expected to take 45 days, about 7,000 kilometers and 10 days less than the Suez Canal route.

Trade & sanctionsSouth KoreaNorthern Sea Routecontainer shipping

TTASSOriginal★★☆☆☆2026-08-22 15:26

First South Korean container ship departs for Europe via Northern Sea Route

Chinese customs official urges APEC to do more to remove trade barriers

A Chinese customs official called on APEC economies to take concrete steps to eliminate trade barriers and address cross-border bottlenecks, making Asia-Pacific supply chains safer, more stable and more efficient. Speaking at a customs procedures meeting in Dalian, Zhang Baofeng also urged closer alignment of rules, stronger risk-management coordination and greater use of technology. Participants approved a cooperation document on innovation for trade security and facilitation.

Trade & sanctionsAPECtrade barrierscustoms cooperationsupply chains

CCGTNOriginal★★★★☆2026-08-22 15:07

Chinese customs official urges APEC to do more to remove trade barriers
Chinese customs official urges APEC to do more to remove trade barriers

China’s rising imports open new doors for global businesses

China’s imports are growing faster than exports as the country expands access to its market. Customs data show imports rose 22% year on year in the first seven months of 2026, while first-half imports exceeded $1.5 trillion. Zero-tariff measures, trade fairs and demand from advanced manufacturing are boosting imports from Africa and purchases of metal ores and electronic components, creating more opportunities for businesses worldwide.

Trade & sanctionsCompanies & industryChina importsglobal trademarket openinginternational business

CCGTNOriginal★★★★☆2026-08-22 15:03

China’s rising imports open new doors for global businesses
China’s rising imports open new doors for global businesses

Real investment in what people need: What “investing in people” means

At an August 21 State Council Information Office press conference in the “Start of the 15th Five-Year Plan” series, “investing in people” emerged as a key phrase. China’s general public budget allocated 12.4 trillion yuan to education, social security, healthcare, housing and related areas, up 5.4% year on year. During the plan period, the Finance Ministry said it will expand imports, broaden opening-up platforms, deepen international economic cooperation and build a modern tariff system.

Macro & central banksMarketsChina fiscal policy15th Five-Year Planpublic welfareopening-up

CChina News ServiceOriginal★★★☆☆2026-08-22 12:37

Real investment in what people need: What “investing in people” means

Group Chats Might Be Full of Affiliate Links Soon

ShopMy, a favored affiliate marketing platform in fashion, allows shoppers to make money from their friends, potentially bringing more affiliate links into group chats.

OtherAffiliate marketingShopMyGroup chats

BBloomberg NewsOriginal★★☆☆☆2026-08-22 12:00

Group Chats Might Be Full of Affiliate Links Soon
Group Chats Might Be Full of Affiliate Links Soon

Ethiopian Airlines to expand services to Kinshasa, DR Congo

Ethiopian Airlines says it will begin daily midday flights to and from Kinshasa on December 1, 2026, bringing its service to the Democratic Republic of the Congo’s capital to 21 weekly flights. The carrier also flies passengers to Lubumbashi and Goma and partnered with the DRC government to launch Air Congo in December 2024.

Companies & industryEthiopian AirlinesKinshasaDemocratic Republic of the Congoflight expansion

CCGTNOriginal★★☆☆☆2026-08-22 11:07

Ethiopian Airlines to expand services to Kinshasa, DR Congo
Ethiopian Airlines to expand services to Kinshasa, DR Congo

Japan’s record defense spending plan piles pressure on FY 2027 budget

Japan’s fiscal 2027 budget requests are expected to exceed 130 trillion yen, driven by a record defense request of about 8.9 trillion yen. The plans include interceptor drones, AI for command-and-control systems and more long-range missiles with “counterstrike capabilities.” Social security spending is also set to rise. The scale could leave a roughly 50-trillion-yen gap, requiring new debt as higher bond yields raise debt-servicing costs.

Macro & central banksJapan budgetdefense spendingpublic debt

CCGTNOriginal★★★☆☆2026-08-22 10:54

Japan’s record defense spending plan piles pressure on FY 2027 budget
Japan’s record defense spending plan piles pressure on FY 2027 budget

Canada says it will match new US 50% tariffs 'dollar for dollar'

The trade war between Washington and Ottawa has escalated again. The United States imposed 50% tariffs on certain Canadian goods on Saturday, only hours after Donald Trump said he had a good relationship with his Canadian counterpart and believed a deal was possible.

MarketsTrade & sanctionsCanadaUnited Statestariffstrade war

FFrance 24Original★★★★☆2026-08-22 10:40

Canada says it will match new US 50% tariffs 'dollar for dollar'
Canada says it will match new US 50% tariffs 'dollar for dollar'
  • Canada says it will match US tariffs 'dollar for dollar' as trade talks break down
    Canada says it will match US tariffs 'dollar for dollar' as trade talks break down

    A new 50% US tariff on roughly $20bn of Canadian imports took effect after last-minute trade talks collapsed. Prime Minister Mark Carney said Canada would impose reciprocal tariffs on US goods dollar for dollar, calling late changes to Washington’s proposed terms unfair and uneconomic.

    CanadaUnited Statestariffstrade talks

    BBBC News★★★★☆2026-08-22 04:46Original
  • US and Canada Race to Beat Tariff Deadline With Metals a Focus
    US and Canada Race to Beat Tariff Deadline With Metals a Focus

    US and Canadian negotiators bargained Friday over a trade agreement that would reduce tariffs and retaliatory measures between the two major trading partners. Optimism emerged that they could finalize a deal before Washington’s midnight deadline.

    US-Canada tradetariffsmetalstrade talks

    BBloomberg News★★★★☆2026-08-22 04:30Original
  • Carney says Canada will match US tariffs 'dollar for dollar' after failed talks
    Carney says Canada will match US tariffs 'dollar for dollar' after failed talks

    Canadian Prime Minister Mark Carney vowed to match US tariffs “dollar for dollar” to protect Canadian workers and businesses. The pledge came after hefty US duties on some Canadian products took effect Saturday following days of unsuccessful negotiations.

    CanadaUS tariffstrade negotiations

    FFrance 24★★★★☆2026-08-22 04:29Original
  • Canada vows to match Trump’s 50% tariffs after trade talks fail
    Canada vows to match Trump’s 50% tariffs after trade talks fail

    Canadian Prime Minister Mark Carney says Canada will match US tariffs “dollar for dollar” after three extra days of negotiations failed to produce a trade deal. He called last-minute changes proposed by Washington unfair and uneconomic. The US is imposing 50% tariffs on $20bn of Canadian goods.

    CanadaUnited Statestariffstrade talks

    TThe Guardian★★★★☆2026-08-22 04:23Original
  • US set to impose 50% tariffs on $20 billion of Canadian products
    US set to impose 50% tariffs on $20 billion of Canadian products

    The United States plans to begin imposing 50% tariffs on $20 billion worth of Canadian products early Saturday after last-minute negotiations failed to ease the latest tension between the historic allies.

    United StatesCanadatariffstrade relations

    TThe Associated Press★★★★☆2026-08-22 04:04Original
  • US imposes 50% tariffs on $20bn of Canadian goods after talks fail
    BREAKINGUS imposes 50% tariffs on $20bn of Canadian goods after talks fail

    The United States has imposed 50 percent tariffs on more than $20bn of Canadian goods after negotiators failed to finalise a trade agreement. Canadian Prime Minister Mark Carney vowed to respond with tariffs “dollar for dollar”, while US Trade Representative Jamieson Greer blamed Canada for abandoning terms reached earlier in the week.

    United StatesCanadatariffstrade war

    AAl Jazeera★★★★☆2026-08-22 04:02Original
  • Canada says more work needed as US trade deal deadline looms
    Canada says more work needed as US trade deal deadline looms

    The United States and Canada are rushing to finalize a trade agreement before steep new US tariffs take effect. Canadian trade minister Dominic LeBlanc said late Friday that the deal was not yet complete and that negotiations would continue until the last minute. If no agreement is reached, the tariffs are due to begin Saturday.

    US-Canada tradetariffstrade talks

    DDW★★★★☆2026-08-22 01:26Original
  • Canada negotiator says ‘more work to do’ as US trade deadline looms
    Canada negotiator says ‘more work to do’ as US trade deadline looms

    Canadian Trade Minister Dominic LeBlanc says negotiators still have work to complete as they race to finalise a tentative deal with the Trump administration by Friday’s midnight deadline. Failure could bring another wave of US tariffs on Canadian goods, while the emerging framework faces criticism from Canadian opposition and provincial leaders.

    CanadaUnited Statestrade talkstariffs

    BBBC News★★★★☆2026-08-22 00:40Original
  • Trump’s Canada trade deadline is hours away: What to know
    Trump’s Canada trade deadline is hours away: What to know

    The United States and Canada are racing to reach a deal before the 12:01 a.m. ET deadline on Saturday. The outcome could determine whether steep US tariffs are imposed on billions of dollars’ worth of Canadian goods.

    US-Canada tradetariffstrade talks

    CCNN★★★★☆2026-08-21 23:27Original

Ethiopia uncorks a wine boom as Bordeaux vines drive exports and local demand

A partnership between French experts and Ethiopian winemakers is helping put East Africa on the viticultural map. After years of refining vines grown from seeds imported from Bordeaux, exports are rising, while Ethiopians are also consuming more locally produced wine.

Trade & sanctionsEthiopiawineBordeauxexports

FFrance 24Original★★☆☆☆2026-08-22 10:14

Ethiopia uncorks a wine boom as Bordeaux vines drive exports and local demand
Ethiopia uncorks a wine boom as Bordeaux vines drive exports and local demand

Trump Administration Dismisses a Dozen Officials From Fannie Mae

The Trump administration dismissed about a dozen senior employees at mortgage giant Fannie Mae this week, according to an official familiar with the matter. It is the latest move in an effort to remake the lender.

Real EstateFannie MaeTrump administrationmortgage lending

BBloomberg NewsOriginal★★★☆☆2026-08-22 08:30

Trump Administration Dismisses a Dozen Officials From Fannie Mae
Trump Administration Dismisses a Dozen Officials From Fannie Mae

Panama Canal to cut shipping as ‘extreme’ El Niño approaches

The Panama Canal will progressively reduce daily transits from 40 to 34 and then 32 between September 4 and 15, preparing for lower water levels during a longer and stronger-than-usual El Niño season. Slower shipping could increase costs for industries dependent on the canal.

Trade & sanctionsPanama CanalEl Niñoshippingtransport costs

AAl JazeeraOriginal★★★★☆2026-08-22 08:00

Panama Canal to cut shipping as ‘extreme’ El Niño approaches
Panama Canal to cut shipping as ‘extreme’ El Niño approaches

World Bank projects war-hit Lebanon’s economy to contract by 6.4 percent

The World Bank forecasts Lebanon’s economy will contract 6.4 percent in 2026 after the March escalation in conflict with Israel disrupted a brief post-crisis recovery. Damage to infrastructure, displacement, supply-chain disruptions, collapsed tourism and weaker demand are expected to push inflation to 17.5 percent.

Macro & central banksBanking & financeCompanies & industryLebanon economyWorld Bankconflict impact

AAl JazeeraOriginal★★★★☆2026-08-22 07:35

World Bank projects war-hit Lebanon’s economy to contract by 6.4 percent
World Bank projects war-hit Lebanon’s economy to contract by 6.4 percent

South Korean ship to test Arctic commercial route amid Western concerns

A South Korean container ship is sailing to Europe via the Arctic on Saturday in the country's first commercial voyage along the route. The trial aims to assess its viability as South Korea hopes to develop Busan into a global maritime hub, despite concerns in the West.

Trade & sanctionsSouth KoreaArctic shippingBusancommercial route

RReutersOriginal★★★☆☆2026-08-22 07:00

South Korean ship to test Arctic commercial route amid Western concerns
South Korean ship to test Arctic commercial route amid Western concerns
  • South Korea to send first container ship through Arctic route
    South Korea to send first container ship through Arctic route

    South Korea was due to send its first trial container ship through the Arctic on Saturday as the war in the Middle East unsettles global shipping. Environmental groups warned that the route could speed up the melting of polar ice.

    South KoreaArctic routecontainer shippingpolar ice melt

    FFrance 24★★★☆☆2026-08-22 02:47Original

Coles website goes offline after viral post exposes huge alcohol discounts

Coles took its website and app offline repeatedly after a viral Reddit post exposed mistakenly reduced prices on some 24-packs of beer and ready-to-drink alcohol, including discounts of nearly 80%. The supermarket said a technical error caused the pricing, which has been corrected, and customers who paid will be refunded.

OtherColesalcohol discountswebsite outagepricing error

TThe GuardianOriginal★★☆☆☆2026-08-22 05:55

Coles website goes offline after viral post exposes huge alcohol discounts
Coles website goes offline after viral post exposes huge alcohol discounts

Trump Says Bessent Chose to Intervene in Bond Market

President Donald Trump said he did not direct Treasury Secretary Scott Bessent to intervene in the bond market this week, saying Bessent acted on his own authority.

MarketsDonald TrumpScott Bessentbond market

BBloomberg NewsOriginal★★★☆☆2026-08-22 05:00

Trump Says Bessent Chose to Intervene in Bond Market
Trump Says Bessent Chose to Intervene in Bond Market
  • Trump says he did not direct Bessent to intervene in bond market
    Trump says he did not direct Bessent to intervene in bond market

    U.S. President Donald Trump said on Friday that he did not instruct Treasury Secretary Scott Bessent to intervene in the bond market this week. Trump said Bessent acted under his own authority, based on his understanding of the issues.

    Donald TrumpScott Bessentbond market

    RReuters★★★☆☆2026-08-22 02:40Original

Ukraine lacks over $36 billion in funding from Western partners

TASS calculations show that Ukraine expected $49 billion in international financial support in 2026 but has received less than $13 billion from Western partners, leaving a shortfall of more than $36 billion. Kyiv acknowledges that domestic resources are exhausted, making fundraising increasingly difficult.

Macro & central banksUkraineWestern aidbudget deficit

TTASSOriginal★★★☆☆2026-08-22 04:02

Ukraine lacks over $36 billion in funding from Western partners

Canada suspends trade talks with US, Carney says

Canadian Prime Minister Mark Carney said Canada would match US tariffs dollar for dollar after rejecting Washington’s proposed trade-deal terms. The United States plans to impose a 50% tariff at midnight on about 28 billion Canadian dollars of Canadian goods, prompting Canada to suspend negotiations and recall its negotiators to Ottawa.

Trade & sanctionsCanadaUnited Statestariffstrade talks

CCGTNOriginal★★★★☆2026-08-22 03:43

Canada suspends trade talks with US, Carney says
Canada suspends trade talks with US, Carney says

Mexico expects trade outcome similar to emerging US-Canada deal

Mexican Economy Minister Marcelo Ebrard said Mexico expects to reach trade understandings with the United States that resemble, in many respects, those Washington and Ottawa are discussing. He added that Mexico does not view Canada’s parallel negotiations as a competition.

Trade & sanctionsCompanies & industryMexicoUnited Statestrade talks

RReutersOriginal★★★☆☆2026-08-22 00:30

Mexico expects trade outcome similar to emerging US-Canada deal
Mexico expects trade outcome similar to emerging US-Canada deal
  • Trump says US and Mexico are beginning work on a new trade deal

    President Donald Trump said Washington and Mexico City have begun work on a new trade agreement that he described as much better for the United States. He also said the US had largely reached trade agreements with Canada. Earlier, the US trade representative said Washington and Mexico were holding constructive talks on moving manufacturing from Asia to North America.

    United StatesMexicotrade dealCanada

    TTASS★★★★☆2026-08-21 23:41Original

It was a tough week for the bond market, and US help offered only temporary relief

The bond market had a difficult week, while the US government’s attempt to help provided only temporary relief.

Marketsbond marketUS governmentfinancial markets

CCNNOriginal★★★☆☆2026-08-21 21:30

It was a tough week for the bond market, and US help offered only temporary relief

Iranian parliament speaker calls for rejecting US dollar in trade

Iranian parliament speaker Mohammad Bagher Ghalibaf urged countries to abandon the US dollar in trade, calling it an outdated payment method. Speaking at an economic forum in Baghdad, he advocated using local currencies and highlighted the Middle East’s special geopolitical significance.

MarketsTrade & sanctionsIranUS dollartradeMiddle East

TTASSOriginal★★★☆☆2026-08-21 21:00

Iranian parliament speaker calls for rejecting US dollar in trade

The last gas station selling gasoline in Gelendzhik has run dry

By the evening of August 21, the only station still selling gasoline in Gelendzhik — a Lukoil outlet in Arkhipo-Osipovka — had run out. Tuapse faced a similar shortage: just one of its 14 operating stations sold 95-octane gasoline, while two sold 92-octane.

Energy & commoditiesgasoline shortageGelendzhikTuapseRussia

MMeduzaOriginal★★☆☆☆2026-08-21 20:34

The last gas station selling gasoline in Gelendzhik has run dry
The last gas station selling gasoline in Gelendzhik has run dry
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