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The World in Brief from The Economist
Governments’ borrowing costs jump; Iran fires missiles at the UAE, and more
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Yields on American 30-year Treasuries briefly rose above 5.3%, to their highest level since 2007, because of growing fears about inflation, the country’s $40trn debt and rising oil prices; The United Arab Emirates said Iran fired two ballistic missiles towards it, both of which fell into the sea
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20260819. Governments’ borrowing costs jump; Iran fires missiles at the UAE, and more
04:06||Ep. 20260819Yields on American 30-year Treasuries briefly rose above 5.3%, to their highest level since 2007, because of growing fears about inflation, the country’s $40trn debt and rising oil prices.China and South Korea get closer; Donald Trump threatens to bomb Oman, and more
12:25|China’s foreign minister will visit Seoul on Wednesday, as South Korea’s president seeks a formal end to the war with North Korea. Also, Donald Trump threatened to bomb Oman—a long-standing American ally—if it “gets in the way” of talks with Iran.20260818. Trump threatens to bomb Oman; Jared Kushner meets Netanyahu, and more
04:15||Ep. 20260818Donald Trump threatened to bomb Oman if it “gets in the way” of America’s talks with Iran about reopening the Strait of Hormuz, according to Fox News.Trump threatens to bomb Oman; Jared Kushner meets Bibi, and more
12:36|Donald Trump threatened to bomb Oman if it “gets in the way” of America’s talks with Iran about reopening the Strait of Hormuz, according to Fox News; Jared Kushner, Mr Trump’s son-in-law and one of his top envoys, met Binyamin Netanyahu in JerusalemJared Kushner meets Hamas; shipping stalls in Hormuz as truce expires, and more
11:42|Jared Kushner held talks with Hamas leaders in Egypt in an effort to revive a stalled ceasefire in Gaza. Also, data showed that shipping traffic through the Strait of Hormuz slowed to its lowest level in three months on the weekend.20260817. Indonesia hit by earthquake; migrants stage protest in Ceuta, and more
03:01||Ep. 20260817A 7.7-magnitude earthquake struck eastern Indonesia, just off the coast of the island of Flores.Indonesia hit by earthquake; migrants stage protest in Ceuta, and more
09:56|A 7.7-magnitude earthquake struck eastern Indonesia, just off the coast of the island of Flores; Migrants staged a protest in Ceuta, demanding that Spanish authorities grant them asylumEastern Indonesia hit by earthquake; Taliban celebrates five years in power, and more
10:49|An earthquake of magnitude 7.7 struck eastern Indonesia, just off the coast of the island of Flores; The Taliban celebrated five years in power in Afghanistan with a parade in the capital, Kabul