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Nepal Floods Kill 359 as Glacier Collapse Triggers Himalayan Disaster; 34 Australians Missing
Glacier collapse in Nepal Himalayas triggers deadly flash floods killing 359 people. 34 Australians among nearly 1,500 missing as rescue efforts continue across Nepal-Tibet border.
US and China Race for Pacific Deep-Sea Mining as Australia Faces Pressure to Act
US and China compete for Pacific deep-sea mining of critical minerals worth USD 30 trillion. Australia faces pressure to shape international governance before operations start in 2027.
Meta (META) $18 Billion Settlement Escalates Global Fight Over Social Media Harm to Teens
Meta agreed on August 26, 2026, to pay up to $18 billion to settle claims that Facebook and Instagram were designed in ways that harmed young users. The deal also brings strict new limits for teenagers, including daily usage caps and overnight restrictions. But the settlement reaches beyond Meta. It could increase pressure on TikTok,…
Xbox 25th Anniversary Collection Pre-Orders Open With Limited Edition Series X25 Console and Controller
Microsoft opened pre-orders for the Xbox 25th Anniversary Collection on August 27, 2026, at 7 a.m. PDT. The centerpiece Xbox Series X25 Limited Edition console carries an MSRP of $899.99. This translucent OG Green console launches November 13, 2026, exactly matching the original Xbox’s anniversary era. Every unit ships with a unique engraved serial number…
Canada Hits US With C$27.6B Tariff Counterpunch on September 8
Canada imposes C$27.6B in retaliatory tariffs on U.S. goods starting September 8, matching U.S. rates of 15-50% after trade talks fail. Steel, aluminum, and paper products face 50% duties.
KOSPI Rebounds 0.97% as Leveraged ETF Outflows Ease Chip Volatility
KOSPI climbs 0.97% to 6,808 as Samsung and SK Hynix gain on chip strength and lower oil prices. Leveraged ETF outflows of nearly $1 billion signal cooling AI investment fervor in South Korea.
US Threatens Iran’s Trading Partners With Sanctions as Treasury Tightens Economic Grip
Trump administration threatens secondary sanctions on Iran’s trading partners including China, Turkey, and UAE. Treasury Secretary Bessent warns countries to cut ties with Tehran or face US penalties.
Darline Graham Wins South Carolina GOP Senate Runoff on Trump Backing, August 26
Darline Graham wins South Carolina GOP Senate runoff with Trump endorsement and $827,000 in super PAC spending. Political newcomer will face Democrat Annie Andrews in November.
Canada hits US with C$27.6B tariff counterpunch on August 26
Canada imposes C$27.6B in retaliatory tariffs on US goods starting September 8, targeting paper, dairy, steel, and appliances in response to Trump’s 50% tariffs. Kimberly-Clark and Cascades face margin pressure.