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Indonesia’s First Aircraft Carrier Arrives in Jakarta on September 18
Indonesia receives its first aircraft carrier, the former Italian Navy ship Giuseppe Garibaldi, at Jakarta’s Tanjung Priok port on September 18. The vessel will serve for 15-20 years after a S$79 million grant from Italy.
Houthis Seize Red Sea Strait as Italy Deploys Navy on September 19
Houthis control Bab al-Mandeb Strait after September offensive. Italy deploys navy independently. 12% of global trade at risk as shipping costs soar and regional conflict escalates.
Realty Income Jumps on €528M KKR European Deal; Meyka Grades O a B
Realty Income partners with KKR on €528M European real estate deal. AFFO guidance raised to €4.44-€4.45 per share. Meyka grades O a B with 5.7% dividend yield.
Steel Tycoon Sanjeev Gupta’s Empire Collapses: 500 Jobs Lost at Whyalla
Sanjeev Gupta’s steel empire collapses with 500 job losses at Whyalla. Investigative journalist Paul Barry’s book reveals how the tycoon fooled governments and creditors across the world.
Trump Secures Greenland Security Deal With Denmark on September 20
Trump announces binding security deal with Denmark over Greenland, granting US permanent military control and barring Russian and Chinese bases from the Arctic territory.
Social Security COLA Set to Rise 3.5% in 2027, Boosting Average Check by $68
Social Security COLA forecast for 2027 shows 3.5% increase, raising average monthly benefits by $67.90. Official announcement set for October 14, with payments beginning January 2027.
John Farnham Tribute Concert Sells Out Rod Laver Arena on September 20
John Farnham tribute concert at Rod Laver Arena on September 20 features 120 artists including Celine Dion and Hugh Jackman. Farnham will not perform due to cancer surgeries but remains involved in the event raising funds for Head and Neck Cancer Australia.
Iran Strikes Tanker in Strait of Hormuz as Shipping Costs Hit $1M Per Day
Iran struck a Togo-flagged tanker in the Strait of Hormuz on September 18. Shipping costs have surged to $1.035 million per day, the first time exceeding seven figures, as geopolitical risk drives up insurance premiums and freight rates.
Warren Buffett Steps Down as Berkshire Chairman; Son Howard Takes Over
Warren Buffett steps down as Berkshire Hathaway chairman after 56 years. His son Howard takes over. Buffett, 96, cites age and CEO Greg Abel’s success.