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US Senate Passes Russia Sanctions Bill 86-11, Targets India and China
US Senate passes 86-11 Russia sanctions bill allowing 100% tariffs on top five importers of Russian oil and gas, including India and China. Bill heads to House.
Trump’s Top General Seeks Exit From Iran War as Military Options Narrow
Gen. Dan Caine privately urges Trump officials to seek de-escalation in Iran war, citing limited military success and weapons shortages. Caine has coordinated with CIA Director, Secretary of State, and Vice President.
Pentagon Awards $560M Loan to Sunrise Energy for World’s First Scandium Mine in NSW
Pentagon invests $560 million in Sunrise Energy Metals’ Syerston Scandium Project in NSW to counter China’s control of rare earth supply. Project targets aerospace and defence demand.
U.S. Lost 23,000 Jobs in July as Labor Market Weakens
U.S. employers cut 23,000 jobs in July. Unemployment fell to 4.1% but only because workers left the labor force. Wage growth slowed to 3.2% annually, below inflation.
US Intelligence Warns Putin Could Test NATO With Limited Attack By 2029
US intelligence warns Putin may test NATO with limited attack or cyberattack between 2026 and 2029. Poland, Baltics at highest risk. NATO says it is ready to defend.
Mahomes, Kelce Called Out for Downplaying Steakhouse Role in Trademark Lawsuit
1587 Sneakers accuses Mahomes and Kelce of minimizing their role in 1587 Prime steakhouse to escape trademark lawsuit. Court filings show the duo claimed they lack control over the restaurant.
Lufthansa 747 Diverts to Congo After Cabin Odor; Stock Falls 2.5%
Lufthansa Boeing 747-8 with 363 passengers diverts to Congo after cabin odor. Emergency landing in Brazzaville on August 7, 2026. Stock drops 2.5% to €8.34.
OCBC Lifts Interim Dividend to 47 Cents on Record August 2026 Profit
OCBC raises interim dividend to 47 cents after posting record S$4.19 billion first-half profit, driven by 27% surge in wealth management income to S$3.29 billion.
Hokkaido Student Killer Sentenced to Life; Kawaguchi Gets Maximum Term on August 7
Sapporo District Court sentenced Yuto Kawaguchi to life imprisonment for leading a fatal 2024 group assault on a Hokkaido university student. A co-defendant received 30 years.