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The World in Brief from The Economist
Trump claims “total control” of Hormuz; American inflation slows, and more
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Donald Trump insisted that America has “total control” of the Strait of Hormuz; American inflation slowed to 3.5% to 3.4% in July, in line with analysts’ expectations
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20260824. America due to unveil sanctions on Iran’s trade partners; Mark Carney vows retaliation, and more
03:04||Ep. 20260824Pakistan’s army chief, Asim Munir, will visit Tehran on Monday as his country continues to try to mediate an end to the war in Iran.America due to unveil sanctions on Iran’s trade partners; Mark Carney vows retaliation, and more
09:24|Pakistan’s army chief, Asim Munir, will visit Tehran on Monday as his country continues to try to mediate an end to the war in Iran; Mark Carney, Canada’s prime minister, said his country would retaliate “dollar for dollar” against America’s new 50% tariffs, with its own levies taking effect on September 8th.America’s tariff on Canadian goods; TikTok and ByteDance settle lawsuit, and more
13:57|Mark Carney, Canada’s prime minister, said his country would retaliate “dollar for dollar” against America’s new 50% tariffs, with its own levies taking effect on September 8th; Vladimir Putin threatened to hit Ukraine’s “most sensitive economic sectors” after it attacked a warehouse run by Ozon, Russia’s second-largest online marketplace, and reportedly targeted a nearby oil refinery20260823. Putin threatens Ukraine; America’s tariff on Canadian goods, and more
02:28||Ep. 20260823Iran accused America of violating other countries’ sovereignty with new sanctions due to be announced on MondayAmerica’s tariff on Canadian goods; Putin threatens Ukraine, and more
08:50|Iran accused America of violating other countries’ sovereignty with new sanctions due to be announced on MondayAmerica’s tariff on Canadian goods; Iran’s “position of power”, and more
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
03:54||Ep. 20260822America’s Supreme Court allowed the construction of Mr Trump’s $400m White House ballroom project to continue, for nowIran fumes at American sanctions; Treasury yields rise, and more
13:52|Iran threatened “devastating responses” to any miscalculation by its “enemies”, after Donald Trump promised the strongest-ever sanctions against the Islamic Republic; Yields on American 30-year Treasuries rose, despite an attempt this week by Scott Bessent, the treasury secretary, to hold them down by buying the bonds.China pushes back at America on Iran: Treasury yields climb, and more
12:03|China warned that America’s threat of “economic warfare” against Iran and its trading partners would not work. Also, yields on 30-year Treasuries rose, reversing some of the decline that followed the US treasury secretary’s long-term debt buyback on Wednesday.