Walmart’s unofficial outdoor sale features furniture, decor and more at up to 58% off
Walmart’s unofficial outdoor sale offers discounts on patio furniture, garden supplies and other items, with savings of up to 67% on some products.

Walmart’s unofficial outdoor sale offers discounts on patio furniture, garden supplies and other items, with savings of up to 67% on some products.

Most Gulf stock markets closed lower on Sunday as investors grew cautious after U.S. Federal Reserve Chair Kevin Warsh reaffirmed the central bank’s commitment to returning inflation to its target, strengthening expectations of another interest-rate increase.
Donald Trump said the United States would use Venezuelan oil to refill its Strategic Petroleum Reserve, calling it a “gift from Venezuela to the people of the United States.”
Donald Trump says the US administration plans to use oil obtained through its deal with Venezuela to refill the Strategic Petroleum Reserve. He said the “topping out” process would begin shortly and called it a gift from Venezuela to Americans. Trump also said the August 28 agreement secured majority US control of more than 65 billion barrels of Venezuela’s proven reserves.
President Donald Trump said Sunday that the US plans to use its newly asserted control over billions of barrels of Venezuelan crude to replenish the nation’s depleted emergency reserve.
Trump said a Venezuelan oil “gift” would replenish US reserves. He also claimed Canadian businesses are rapidly relocating to the United States as trade hostilities between the neighbouring countries intensify.

US President Donald Trump says oil from a recently announced deal with Venezuela will replenish the Strategic Petroleum Reserve, with the “topping out” process starting soon. He called the oil a “Gift from Venezuela to the People of the United States” and blamed Joe Biden for leaving the reserve “virtually” empty. The timing and short-term benefit remain unclear. Venezuela’s interim President Delcy Rodriguez said the 25-year agreement would develop its oil industry while preserving ownership and sovereignty over its resources.
Venezuelan President Nicolas Maduro, who is being held in a US prison, posted a smiling photo of himself in a gray tracksuit and addressed a message of love and hope to his grandchildren, children and supporters. Maduro and his wife face alleged drug-trafficking charges in a US federal court and have pleaded not guilty.

Venezuela’s interim president, Delcy Rodríguez, defended her government’s controversial energy agreement with Donald Trump, saying Venezuela would retain ownership and sovereignty over its oil reserves. The deal reportedly gives Washington control of 65bn barrels, prompting outrage among opposition figures and leftwing protesters in Caracas.

Sen. Ted Cruz renewed his call for free and fair elections in Venezuela to be held rapidly, two days after Trump announced that the U.S. would take over 65 billion barrels of oil.

US President Donald Trump says the Strategic Petroleum Reserve will be replenished with Venezuelan oil. He made the announcement after unveiling what he called an unprecedented US effort to take control of a fifth of Venezuela’s vast oil reserves, adding that the process would begin shortly.
Controversial Venezuelan executive Alejandro Betancourt is courting investors after the Trump oil deal. He is the US minority partner in a company that will control more than 65bn barrels of oil reserves.

US President Donald Trump described the agreement as “the biggest oil deal in world history.” Venezuela’s interim president said the 25-year accord covers 65 billion barrels of Venezuelan oil and is intended to develop the country’s oil industry while preserving its ownership and sovereignty over the resources.

Interim President Delcy Rodriguez has defended a deal to transfer 65 billion barrels of Venezuelan oil to the United States in a televised address. She said Venezuela retains sovereignty despite pressure on Caracas to meet Washington’s demands since the US abducted President Nicolas Maduro in January.
Bitcoin rebounds from Friday’s low as Strategy’s valuation grows and Bitcoin dominance rises above 60%. Michael Saylor hints at the company’s first Bitcoin purchase in two months as the cryptocurrency approaches $79,000.

Bitcoin treasury and mining company PowerCompute added $3.765 million to its debt after ending a collar tied to 307 BTC early. Its replacement balance with Arch Lending rose to $21.89 million, while the annual rate increased from 2% to 6.5%. The next price test is set for Sept. 24.

Australia’s corporate regulator says insurers used cash settlements for more than 63% of final home-building claims reviewed after Cyclone Jasper. It warned that offers based on a single, often discounted quote can leave vulnerable homeowners finding tradespeople, managing repairs and paying unexpected shortfalls themselves.

For centuries, finance has worked to separate wealth from physical transport. Yet the constant removal of friction also creates openings for increasingly sophisticated, high-tech exploits.

The Treasury’s proposed GENIUS Act rules would let U.S. exchanges and other digital-asset providers offer some foreign-issued payment stablecoins only after reasonable due diligence and a defensible basis for trusting issuers to follow lawful U.S. freeze or seizure orders. The proposal sets implementation milestones in 2027 and 2028 but does not name tokens that qualify. Comments close October 19, 2026.

The US Treasury says it will cut Banque Misr UAE off from the US financial system, accusing the bank of doing business with Iran. The proposed measure would bar only its UAE branches from dollar transactions with US correspondent banks and is expected to take effect 30 days after public comments. Banque Misr is reviewing the notice, while Egypt’s central bank says other operations will not be affected.

Economic and trade ties between China and Kyrgyzstan are steadily expanding. Bilateral trade reached $11.7 billion in the first seven months of the year, while exports of electric vehicles, lithium-ion batteries and photovoltaic products grew rapidly. Cooperation is also advancing in e-commerce, agriculture, infrastructure, railways and green energy, with Chinese direct investment exceeding $2 billion.

HDFC Bank is likely to include Deputy Managing Director Kaizad Bharucha among the two options for its next CEO, according to two people familiar with the matter. Incumbent Sashidhar Jagdishan is expected to retire in October after completing his second term.
The U.S.-Canada trade war prompted markets to reprice metals and materials stocks and ETFs, but longer-term investors should remain cautious.

The CFTC found that White House teleprompter operator Gabriel Perez traded presidential “mention market” contracts after seeing speeches before delivery. He must surrender $107,539.02 in profits, pay a $65,000 civil penalty and accept a three-year trading ban. The case is a civil regulatory settlement, not a criminal conviction.

More than six months into the US-Israel war on Iran, most Iranians are facing a lower quality of life and increasing pressure. War damage, sanctions and long-running economic mismanagement have pushed inflation 89 percent higher year-on-year, with food inflation above 127 percent, while the country remains divided over whether to continue fighting.

The US-Israeli bombing of Iran turned into a battle over the Strait of Hormuz. AJLabs tallies the war’s cost.

Six months into the US-Israel war on Iran, the governments of all three countries are facing political battles at home. Trump’s claim that Iran’s nuclear capacity was destroyed appears untrue, while rising petrol prices are hurting Americans. Iran’s government has survived the war and sanctions, but Netanyahu is being criticised in Israel for pursuing regime change.

Six months after the United States and Israel launched their war against Iran, the worst economic forecasts have not materialized. Still, the conflict’s effects have been uneven, benefiting investors while imposing costs on consumers.
As bitcoin climbs back above $80,000, sophisticated trading firms are quietly collecting yield instead of placing directional bets on whether the cryptocurrency will rise or fall.

Company documents released in an ongoing series of lawsuits show that State Farm cut payouts to policyholders by more than $1 billion as massive storms damaged rooftops across Oklahoma and roof-related claims worsened.

Coinbase’s Apple, Alphabet, Meta and Nvidia-linked tokens on Base continued trading over the weekend, but a snapshot on Aug. 30 showed prices in leading Aerodrome pools deviated by less than 0.6% from Chainlink values last updated Friday. No reserves for the four tokens were found in the official Aave V3 Base address book, leaving their use as collateral unverified.

The US Treasury plans to borrow $739 billion from July through September while buying back selected older bonds. Although both operations involve the same issuer, auctions fund the government and create liquid benchmarks, while buybacks address older, less-traded debt and cash management. The analysis argues that new issuance could absorb liquidity before any buyback effect reaches Bitcoin, even as an expanded program offers dealers an outlet for off-the-run Treasuries.

U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy this week as he urges finance leaders from the G20 economies to reduce global trade imbalances, support growth and cut business ties with Iran. He must also ease concerns over rising U.S. debt and bond yields.
Pharmaceutical shares surge as investors look for alternatives to artificial intelligence, supported by pricing agreements with the White House and encouraging clinical data.
India likely expanded by more than 7% last quarter, a pace most major economies would envy. Even so, that growth may not be fast enough to fulfill Prime Minister Narendra Modi’s ambition of building a developed nation.
China’s next phase of consumer growth could come from outside its biggest cities. National measures are urging county-level markets to improve commercial facilities, attract more brands and develop new retail formats. In Yiwu, known for selling goods globally, residents are increasingly willing to spend locally.

Canadian Prime Minister Mark Carney is backing a proposed global defence bank designed to help allies rearm. Yet with only weeks before prospective members are expected to sign up, other major economies have still not committed.
Delaware Life reclassified about $17 billion of investments as related-party holdings in a corrected 2025 filing, while Clear Spring corrected roughly $4.6 billion. Both insurers received grand jury subpoenas from federal prosecutors, and the SEC opened a parallel inquiry. The case highlights how private credit, affiliated managers and illiquid assets have made life insurers increasingly important—and difficult to read—in the US credit system.

With the Trump administration promising to impose more tariffs on Canada in January, many Canadians are considering what leverage could persuade the United States to change course. Economists caution that using that leverage would also carry a cost.
Better Mortgage and Coinbase have made Better’s Bitcoin-backed conforming mortgage generally available. Buyers receive the down payment through a separate loan secured by pledged Bitcoin and a second lien on the home. Bitcoin price swings alone do not trigger margin calls, but a payment delinquency lasting 60 days may lead to liquidation. Applicants must meet credit, underwriting and location requirements.

Analysts say financial distress in Hong Kong’s commercial property market has eased but not disappeared. Highly leveraged owners may still struggle to refinance loans after years of weakness in office and retail segments, where excess supply, slower consumption and higher interest rates triggered defaults.

A new class of Indian billionaires is emerging across businesses ranging from brokerage and banking to gold loans.
The war involving Iran has sharply disrupted commercial traffic through the Strait of Hormuz, lifting oil prices and delivering major gains for US producers. ExxonMobil and Chevron reported combined second-quarter earnings above $26.6bn, but attacks and supply disruptions threaten US companies’ Gulf assets and future projects. Rystad Energy expects their regional gas supplies to fall about 40 percent this year, with oil supplies down 30–35 percent.

Apartment prices per square metre in European city centres vary widely. Among the continent’s five largest economies, only two have capitals ranked among the 10 most expensive cities.
The article examines the fiscal impact of higher yields, offering a lengthy answer to a simple question.
The world’s largest developed economies have faced higher financing costs since the start of the US-Iran war, adding tens of billions of dollars to G7 debt expenses and putting pressure on public finances.
Comments by the chief executive of EFG International suggest that opposition to new rules is spreading across the banking industry.
Anglo American and Teck pledged investors an additional $1.4bn in annual profits from combining their Chilean copper mines, but negotiations with co-owner Glencore are still continuing.
A new proposal recommends doubling board directors’ pay through stock options as a way to address the underperformance of UK companies.
Europe’s biggest oil companies are increasingly making jointly owned independent oil and gas producers an important part of their corporate strategies, creating a new generation of standalone businesses.
Interim President Delcy Rodriguez says Venezuela will retain ownership and sovereignty over its resources under a 25-year deal giving the US rights to develop 65 billion barrels of oil. The plan targets 1.5 million barrels per day from 17 strategic fields, with $19 from each barrel sold to the US going to Caracas.

Venezuela says its energy agreement with the United States will run for 25 years and target production of 1.5 million barrels per day. Rodriguez outlined details of the deal.
Venezuelan interim President Delcy Rodriguez said on Saturday that the energy agreement with the United States would remain in force for 25 years. She said it aims to raise crude production to 1.5 million barrels per day while preserving Venezuela’s sovereignty over its natural resources.

Venezuela's interim President Delcy Rodriguez said the energy agreement with the United States would remain in force for 25 years, aim to raise crude production to 1.5 million barrels per day and preserve Venezuela's sovereignty over its natural resources. She called it a “historic” deal that could revive the economy and increase government revenues.

The US says it has reached a deal with Venezuela’s interim government giving Washington majority control over 17 strategic oil fields and more than 65 billion barrels of proven reserves. Details remain unclear, critics call it a takeover of Venezuela’s resources, and analysts question the oil figure announced by Trump.
Several questions about the U.S. agreement to develop Venezuela’s vast oil reserves remain unanswered, and a rapid, large-scale production increase appears unlikely. Experts warn that higher Venezuelan exports would compete directly with Canadian crude in the U.S. Gulf Coast market.
TASS calculations based on Ukrainian Finance Ministry data put the country’s debt at roughly $218-219 billion at the end of August, rising by an average of $4-5 billion monthly. It could reach about $240 billion by the end of 2026 and at least $290 billion by the end of 2027. Ukraine also needs at least $6-7 billion this year for military operations and service members’ pay.
China remained Kyrgyzstan’s largest trading partner, with bilateral trade reaching $11.7 billion in the first seven months of the year, according to MOFCOM. It was also the country’s leading source of foreign investment, with Chinese-funded direct investment exceeding $2 billion by the end of July. The two sides are exploring greater trade and investment liberalization under the SCO framework.

Analysts say JD.com’s rapid Hong Kong expansion could challenge a property model built on the value of busy streets and shopping centres. The Chinese e-commerce giant has invested more than HK$10 billion in Hong Kong property over the past two years, creating a network of stores, warehouses and other assets that may reduce retailers’ reliance on footfall while boosting logistics hubs and similar assets.

Deribit says it will remove its public Proof of Reserves page on Sept. 1, ending customers’ daily ability to verify balance inclusion and compare aggregate liabilities with published wallet holdings. The exchange attributes the move to a wallet infrastructure overhaul during its Coinbase integration, after roughly 90% of client assets moved into Coinbase custody arrangements. Regulatory reserve, reconciliation and audit controls will remain, but they offer less public and less frequent visibility.

IREN generated $578.2 million of its $707 million in fiscal 2026 revenue from Bitcoin mining, or about 81.8%, while AI Cloud Services contributed $128.8 million. Retiring mining equipment for AI data-center workloads caused a $638.8 million non-cash impairment and contributed to a $702.6 million net loss. The company is targeting a broader AI transition by year-end, but its filing says the replacement business is not yet fully operational.

President Vladimir Putin said Russia has the world’s second-largest coal reserves, ranks third in coal exports and sixth in production. He called coal and other minerals foundations of the national economy, while saying the industry would focus on logistics, safety, miners’ families and workforce training.
Coinbase’s US500 futures briefly reached $104 million in matched volume, providing an early test of whether a crypto-native trading mechanism can extend into regulated US equity markets. About 15 hours after the milestone was posted, the product page showed $7.22 million in 24-hour volume and $3.01 million in open interest. The product combines crypto-style funding with a five-year, cash-settled equity-index future tied to MarketVector’s proprietary US500 benchmark.

A tentative agreement between General Motors and a key union would bring heavy-duty Sierra pickup assembly to an Ontario plant, providing a lift to Canada’s auto sector as it faces pressure from U.S. tariffs.
Federal Reserve Chair Kevin Warsh offered his most detailed account yet of how he views the central bank’s fight against inflation in a high-profile speech Friday at the annual economic conference in Jackson Hole, raising the stakes for the Fed’s next meeting.
U.S. Treasury Secretary Scott Bessent said disorderly moves in the yen could force investors to unwind positions, threatening global market stability and ultimately increasing borrowing costs for U.S. households and businesses.
August reporting results show Australians are cutting back on pizza while buying more weight-loss drugs, cheaper “dupe” brands and electric vehicles as cost-of-living pressures return. Kmart is expanding Anko’s imitation-product strategy, Chemist Warehouse says GLP-1 customers spend 40% more, and car electrification is accelerating.

HM Revenue & Customs says 17,600 people reported £13.8 billion in cryptoasset disposal proceeds and £1.38 billion in gains for the 2024–25 tax year. Just 240 investors, each reporting more than £1 million, accounted for £717 million. Under new reporting rules, HMRC expects to receive crypto-provider data from 2027.
President Donald Trump is seeking to lower the cost of hamburgers, but his plan may do little to reduce what shoppers pay at the supermarket register.
South Korea’s booming beauty industry has overtaken the United States this year to become the world’s second-largest cosmetics exporter, behind France.

Canada is responding to US tariffs with new duties on products including dairy, seafood, appliances and construction materials. Analysts warn that the expanding dispute could increase costs for US businesses and consumers, with energy and other vital resources potentially becoming the next area of confrontation.

U.S.-listed Bitcoin ETFs recorded $201.9 million in net outflows Friday, ending a nine-session run, while Ethereum, XRP and Solana ETFs drew a combined $145 million. Bitcoin fell about 3.2% to $77,696, but its five-session inflow total remained positive at roughly $924.5 million, indicating a pause rather than established rotation into other assets.

Federal Reserve Chair Kevin Warsh said 54% of personal consumption expenditures components rose more than 3% over the past year, making a quick shift toward easier policy harder to justify. Bitcoin briefly reached $81,280 before slipping below $80,000. U.S. spot Bitcoin ETFs drew more than $1.1 billion over four sessions, with BlackRock’s IBIT accounting for about 86%.

Traders have profited heavily over the past year by following Donald Trump as the US government pursues an unprecedented strategy of acquiring stakes in publicly traded companies. That strategy now faces additional risks from the backlash against Trump.
The SEC is examining whether its automatic filing framework gives regulators enough time and authority to assess increasingly specialized ETFs. The agency’s June 30 request for comment covers crypto assets, commodities, leveraged and single-stock products, private assets, blockchain opportunities and event contracts, with comments due Aug. 31. US ETF assets exceeded $12 trillion at the end of 2025, up from more than $4 trillion in 2019.

A new survey suggests that bitcoin’s familiar pitches about changing the world may not appeal to most prospective buyers. Instead, everyday Americans appear more drawn to having control and making small-scale investments.

Armada Acquisition Corp. II shareholders will vote on Sept. 30 on Evernorth Holdings’ Nasdaq merger. The proposed charter would authorize up to 10 billion shares, giving the XRP treasury firm room to raise capital and pursue yield strategies aimed at increasing XRP per share, while future issuance could also create dilution risk.

A former White House teleprompter operator has been ordered to pay $172,000 over trades on Kalshi’s mention markets. The CFTC said the penalty is its second insider-trading case involving a federal employee trading event contracts, and its second related settlement in four weeks.


Former White House teleprompter operator Gabriel Perez must pay more than $172,000 after using advance knowledge of Donald Trump's speeches to bet on Kalshi. He will surrender $107,539.02 in profits, pay a $65,000 civil penalty and face a three-year trading ban.
A White House teleprompter operator will pay more than $172,000 to resolve a federal regulator’s investigation into alleged well-timed prediction-market bets linked to President Donald Trump’s speeches.

The Commodity Futures Trading Commission announced penalties against Gabriel Perez, who placed the bets through Kalshi, ordering him to pay $172,000.
Bitcoin-miner stocks diverged from Bitcoin during a strong week for the cryptocurrency as several companies shifted electricity, land and grid capacity toward AI infrastructure. TeraWulf, Hut 8, IREN and Cipher are adding high-performance-computing leases or cloud revenue, making their valuations less dependent solely on Bitcoin prices and mining income.

Salesforce, CrowdStrike and Nvidia each faced major investor tests this week, yet all three companies decisively beat expectations. Their results point to an AI buildout that is not a zero-sum game.

Russian President Vladimir Putin said trade between Russia and Belarus rose 12.5% in the first six months of the year, after reaching nearly $52 billion last year. He added that Russian direct investment in Belarus totals $4.5 billion and that 2,500 Russian-participation companies operate there.
Russian Foreign Minister Sergey Lavrov said forming the Greater Eurasian Partnership would help remove trade and investment barriers and build more advanced economic ties across Eurasia. He said strengthening multipolar principles creates opportunities for new and fairer mechanisms of global economic cooperation.
US YouTuber Max Fisher argues that China may have helped prevent a global oil crisis by reducing crude imports. Its expanding use of electric vehicles and shift toward clean energy have lowered oil dependence; Reuters reported imports were down by about 400 million barrels from the previous year since the conflict began, easing pressure on a tight market.

US YouTuber Max Fisher argues that China may have helped avert a global oil crisis by cutting crude imports. He links the reduction to China’s growing use of electric vehicles and shift toward clean energy, while reported imports fell by about 400 million barrels from the previous year after the conflict began, easing pressure on tight global supplies.

Katana’s Matthew Fisher argues that once permanently immobile assets are excluded, ownership and purpose are adjusted for, and off-contract activity is included, tokenized assets appear to have utilization close to 20%.

Bitcoin is trading near $78,000 after a sharp rejection above $81,000 on Aug. 28, leaving $77,000 support and $80,000 resistance as the key weekend levels. A break below $77,000 could open the mid-$75,000s, while a sustained move above $80,000 would revive targets near $81,300 and $82,000–$83,000. Kevin Warsh’s remarks raised September rate-hike odds and added pressure to the market.

US President Donald Trump announced that the United States had secured majority control of more than 65 billion barrels of Venezuela’s proven oil reserves through a private-business partnership. Details remain undisclosed, while Venezuelan officials prepare to grant US firms new exploration and production rights amid possible legal and constitutional challenges.


President Donald Trump announced on Friday an unprecedented US effort to take control of one-fifth of Venezuela’s vast oil reserves. He is betting American companies can revive the OPEC member’s battered energy sector while adding crude supplies to help lower US fuel prices.
Donald Trump says the US has reached a deal to control 65 billion barrels of Venezuela’s oil reserves. He has long been open about wanting the US to secure Venezuelan oil and has urged oil companies to invest in the South American country.

US President Donald Trump says the United States and Venezuela have reached the “biggest oil deal in world history,” giving Washington control of 65 billion barrels of Venezuelan oil. Critics describe the agreement as predatory.
Bloomberg News Now covers Trump’s statement that the US has secured some Venezuelan oil reserves, along with remarks by Warsh and other top stories. The report is updated throughout the day and focuses on global business news.
Bloomberg News Now highlights Donald Trump’s statement that the US has secured some Venezuelan oil reserves, remarks by Warsh, and other leading stories. The audio report is updated throughout the day with global business news.

Donald Trump says the United States has secured majority control of more than 65 billion barrels of Venezuela’s proven oil reserves in a deal intended to revive the country’s energy industry and increase crude supplies to US refineries. The arrangement could bring about $209bn to Venezuela’s treasury, but its structure and implementation remain undisclosed and may face legal and constitutional challenges.

President Donald Trump said the United States and Venezuela have reached a deal that would give the U.S. majority control of billions of barrels in Venezuela’s oil reserves and lower gas prices.

President Trump says the United States has reached an agreement with Venezuela to take control of 65 billion barrels of oil at no cost to American taxpayers. Secretary of State Marco Rubio calls it a “huge win” for both American and Venezuelan people.
The US is poised to gain majority control of a vast share of Venezuela’s oil wealth in an unprecedented arrangement, officials say. The move would create the world’s second-largest private oil company by reserves and secure American petroleum supplies for decades, according to the excerpt.
Venezuelan President Delcy Rodriguez says the US-Venezuela oil cooperation agreement covers 17 strategic fields with proven reserves of 65 billion barrels. It envisages more than $100 billion in investment and over $209 billion in state tax revenue, while contributing to economic growth, hemispheric energy security and greater market balance. Donald Trump said the deal gives the US majority control of those reserves.
Donald Trump says the US will take control of 65bn barrels of Venezuelan oil, adding that a joint venture between the two countries will lower petrol prices for Americans.

Washington and Caracas said Friday they had reached a “historic” oil deal granting the United States majority control of more than 65 billion barrels of Venezuela’s reserves.

President Donald Trump says the US has agreed with Venezuela to control a majority of more than 65 billion barrels of its proven oil reserves. He says the transaction will expand America’s oil supply and lower gas prices. Secretary of State Marco Rubio called it a “huge win” for both countries, while details remain undisclosed.
President Donald Trump said the United States has reached an oil agreement with Venezuela. He said the move would more than double U.S. oil reserves, increase supply and lower gas prices.

President Donald Trump said Friday that the United States had reached an agreement with Venezuela to take control of the country’s 65 billion barrels of oil reserves.

Donald Trump announced a new oil agreement with Venezuela, saying the US would gain “majority” control of more than 65bn barrels of proven reserves. Marco Rubio called it a major win for both countries, while a Venezuelan opposition figure denounced the deal as a “massive land grab.”
U.S. President Donald Trump said Friday that his administration had reached a sweeping agreement with Venezuela. If carried out, the deal could give the U.S. access, at a cost, to vast quantities of the South American country’s untapped oil reserves.

US President Donald Trump said Washington and Caracas had agreed for the United States to take control of 65 billion barrels of Venezuelan oil without cost to US taxpayers. He said the deal was negotiated by Marco Rubio, Pete Hegseth and interim Venezuelan President Delcy Rodriguez, calling it the biggest oil deal in world history.
President Donald Trump said the United States reached an agreement with Venezuela giving Washington majority control of more than 65 billion barrels of the country’s proven oil reserves. He called it the biggest oil deal in world history and said it would expand US supplies and lower gasoline prices.
President Donald Trump says the United States has reached an agreement with Venezuela to take control of 65 billion barrels of the South American country’s oil reserves.

Trump announced a deal with Venezuela to secure more than 65 billion barrels of oil reserves.
U.S. President Donald Trump said on Friday that the United States had entered into an oil agreement with Venezuela.

Venezuela’s interim President Rodriguez and US Energy Secretary Wright tour oil facilities as the two countries enter what is described as the “biggest oil deal in world history.”
Anatoly Aksakov, chairman of the State Duma Financial Market Committee, said the Bank of Russia could pause rate cuts at its September meeting. He said the longer-term trend remains downward and that a rate of 13% or lower by the end of 2026 is possible, though not the baseline scenario.
Economists once broadly described the post-pandemic economy as K-shaped, but that agreement has now broken down as they debate which pattern best captures the economy today.

Russia plans to build 14 more icebreakers by 2030, Eastern Economic Forum official Anton Kobyakov said. He said the country’s 42 ice-class vessels, including eight nuclear-powered ships, together with Arctic warming could extend the commercial shipping season and help make the Northern Sea Route more widely used.
Cryptocurrency trading in Russia is expected to remain below 4 trillion rubles ($46.43 billion) in its first year and could reach about 7.5 trillion rubles ($87.06 billion) by 2029, Sberbank Deputy Chairman Anatoly Popov said. The estimate is conservative because many transactions will continue through crypto exchange services rather than exchanges, while the new law takes effect on September 1.
Iran’s president says sanctions are hurting the country’s imports and exports, while Supreme Leader Khamenei calls for less reliance on the U.S. dollar.

People are feeling guilty about spending in the current economy. The East Coast’s emerging retirement hotspot is also dealing with traffic jams and doctor shortages.
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.