PoliticsOn the 68th anniversary of the 823 Artillery Battle, Taiwan President Lai Ching-te and KMT chair Cheng Li-wen separately attended commemorations in Kinmen. Lai stressed that forgetting war invites danger and called for stronger defenses, while Cheng urged greater cross-Strait exchanges and avoiding conflict. Their contrasting approaches may shape Taiwan’s future elections.
VOA Chinese
CultureAustralia’s recorded music industry will bar wholly AI-generated tracks from official charts after a viral Madonna cover highlighted concerns over generative technology and its threat to artists’ livelihoods.
The Associated Press
HealthA new Mass General Brigham study found that nearly one-quarter of NFL players who died between 2016 and 2021 had chronic traumatic encephalopathy, or CTE.
PoliticsLouisiana Gov. Jeff Landry is set to speak after reports that SpaceX plans to build a new rocket facility along the state’s coast.
The Associated Press
CultureThe Tiber has fallen to a historic low, exposing near Castel Sant’Angelo the pillars of a bridge believed to date to the Neronian period and the early centuries AD.
PoliticsBob Rae, Canada’s former ambassador to the United Nations, discussed the “historic mess” of Canada’s trade dispute with the U.S. after President Donald Trump’s latest threat to rename Lake Ontario “Lake America.”
SocietyLindsay Clancy, a Massachusetts mother accused of killing her three young children in January 2023, appears in court. Her defense team says she was suffering from postpartum mental health problems.
Reuters
PoliticsThe Supreme Court ruled that the Trump administration can proceed with citizenship checks on mail-in ballots, finding that states suing the White House over President Trump's executive order lack the legal standing to challenge it.
EconomyU.S. equity futures gained as chipmakers rebounded. Treasury Secretary Scott Bessent’s plan to isolate Iran could heighten tensions with China, Tehran’s main trading partner. Billionaire investor Stanley Druckenmiller criticized a proposal to spend billions buying back U.S. bonds. Canada is set to announce measures to shield workers and businesses from 50% U.S. tariffs.
Bloomberg Television
WorldResidents of the French village of Pomas surveyed the damage after a rare tornado injured dozens of people and destroyed numerous homes.
Reuters
WorldIran has threatened retaliation after Washington announced another round of sanctions and warned of sweeping penalties for countries and businesses that keep economic ties with Tehran. Iran’s economy minister says the country has ways to strike back, while China, its biggest oil customer, calls the measures “illegal”. Pakistan is continuing diplomatic efforts, with its army chief holding talks with Iranian leaders.
OtherFirefighters in Nevada are working to contain the Hawk Fire, while more than 20,000 residents remain unable to return home and schools stay closed. Wildfires are also continuing to burn in other parts of the western United States.
PoliticsU.S. Air Force Maj. Jason Watson, a 17-year veteran, faces rare criminal charges over criticism of President Trump. He was also detained twice recently on similar charges.
SocietyCourt proceedings remain underway in Jacksonville, Florida, in the case involving the alleged killing of Microsoft executive Jared Bridegan.
Fox News
WorldIndonesian Muslims prayed for rain through choking smoke as emergency services battled wildfires fueled by an intensifying El Niño climate pattern and a prolonged dry season. Dense smoke from the fires crossed into Malaysia and Brunei.
WorldChina and India are holding border talks in Beijing ahead of the BRICS summit in New Delhi. Indian National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi are co-chairing the 25th round, as relations may thaw further after years of tensions and the deadly 2020 Galwan Valley clash.
WorldTens of thousands of Rohingya refugees rallied in Cox’s Bazar, Bangladesh, in one of the largest gatherings there in years. They called for justice, dignity and a safe return to Myanmar, while worsening conditions in the world’s largest refugee camp include reduced donations, limited food rations and fewer services.
PoliticsThe Trump administration is proposing a regulatory process that would charge companies about $103,000 for each foreign-born professional they sponsor for an H-1B visa. Bloomberg Television’s Alicia Caldwell explains the development.
Bloomberg Television
PoliticsFox & Friends hosts discuss a major ICE operation in the Washington, D.C., area that resulted in more than 1,300 arrests. The operation targeted violent gang members and migrants linked to illegal drug distribution.
Fox News
WorldTreasury Secretary Scott Bessent’s warning of an “economic D-Day” against Iran could put the US on a collision course with China, its main trading partner. Bloomberg’s Jon Herskovitz examines how likely Washington is to take aggressive action against Beijing.
Bloomberg Television
EconomyVolkswagen CEO Oliver Blume told employees at the automaker’s main Wolfsburg plant that about half of its additional workforce reductions will have to take place in Germany.
Bloomberg Television
WorldIsraeli officials accuse Hamas of using kites and balloons to plan attacks inside Israel. The Iran-backed militant group has until Wednesday to curb their use or face repercussions.
Bloomberg Television
EconomySociete Generale chief FX strategist Kit Juckes says the US Treasury’s move to buy more long-dated bonds amounts to managing the market rather than what could yet be called intervention in the bond market.
Bloomberg Television
EconomyMeghan Swiber, managing director of US rates strategy at BofA Securities, says the US Treasury could reduce issuance at the long end of the yield curve to deliver a stronger message to markets. She also discusses what Fed Chair Kevin Warsh may say at Jackson Hole later this week.
Bloomberg Television