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The World in Brief from The Economist
Iran says deal with Oman “very close”; Typhoon Dolphin hits China, and more
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Iran’s foreign minister said a pact with Oman to establish a shipping route through the Strait of Hormuz was “very close”. Also, more than a million people have been evacuated from their homes in eastern China as Typhoon Dolphin made landfall.
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America due to unveil sanctions on Iran’s trade partners; Mark Carney vows retaliation, and more
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14:12|America imposed a 50% tariff on some Canadian goods entering the country after the two countries failed to reach a deal; Masoud Pezeshkian, Iran’s president, said that now would be a good time to end the war with America, while his country was in a “position of power and dignity”20260822. Treasury yields rise; Iran fumes at American sanctions, and more
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