latest news in global

US Threatens to Cut Off Nations Trading With Iran From Dollar Banking

US Threatens to Cut Off Nations Trading With Iran From Dollar Banking

Washington, Wednesday, 26 August 2026.
Washington’s new sanctions threaten to disconnect global institutions from the US dollar system if they maintain Iranian ties, prompting strong pushback from China, which purchases 90 percent of Iran’s exported oil.

United States Pressures South Korea to Build American Computer Chip Plants

United States Pressures South Korea to Build American Computer Chip Plants

Seoul, Tuesday, 25 August 2026.
Washington is pressuring South Korea to build U.S. memory chip factories, explicitly targeting Seoul’s $560 billion domestic semiconductor project while demanding local American investments to secure supply chains.

United States Offers Sanctions Relief to Reopen Strait of Hormuz

United States Offers Sanctions Relief to Reopen Strait of Hormuz

Washington, Tuesday, 25 August 2026.
The United States proposed lifting economic sanctions and ending its naval blockade if Iran reopens the vital Strait of Hormuz and halts regional proxy attacks.

Canada Unveils Retaliatory Tariffs on American Goods After Trade Talks Collapse

Canada Unveils Retaliatory Tariffs on American Goods After Trade Talks Collapse

Ottawa, Tuesday, 25 August 2026.
Canada will levy tariffs up to 50% on $20 billion of U.S. goods starting September 8, 2026, backing affected industries with a $7.5 billion domestic relief package.

Global Food Giants Successfully Push Back Against Proposed Warning Labels on Products Sold in India

Global Food Giants Successfully Push Back Against Proposed Warning Labels on Products Sold in India

New Delhi, Tuesday, 25 August 2026.
India’s food safety regulator abandoned plans for front-of-pack color-coded health warnings following corporate lobbying. The decision comes despite studies projecting 450 million Indians could be overweight by 2050.

US Military Transport Aircraft Makes Surprise Landing in Moscow

US Military Transport Aircraft Makes Surprise Landing in Moscow

Moscow, Tuesday, 25 August 2026.
A U.S. military transport plane unexpectedly landed at Moscow’s Vnukovo airport on Tuesday, triggering diplomatic speculation and market interest while Kremlin officials denied prior knowledge of the flight.

New British Customs Software Helps Businesses Maintain Smooth Cross-Border Trade

New British Customs Software Helps Businesses Maintain Smooth Cross-Border Trade

London, Tuesday, 25 August 2026.
Approved by tax authorities, a new cloud-based software uses artificial intelligence to automate complex transit declarations, helping British and European businesses prevent border delays and streamline trade.

Data Bottlenecks Hinder Expansion as Turkish Factories See Big AI Gains

Data Bottlenecks Hinder Expansion as Turkish Factories See Big AI Gains

Istanbul, Tuesday, 25 August 2026.
Early artificial intelligence adopters in Türkiye’s manufacturing sector report up to 43% higher capacity, yet data governance has replaced technological limits as the primary barrier to broader expansion.

France and Saudi Arabia Partner to Build Massive Dragon Ball Z Theme Park Near Paris

France and Saudi Arabia Partner to Build Massive Dragon Ball Z Theme Park Near Paris

Paris, Tuesday, 25 August 2026.
France and Saudi Arabia finalized a €6 billion agreement to construct a Dragon Ball Z theme park near Paris, highlighting Saudi Arabia’s push into global leisure and entertainment.

Singapore Consumer Inflation Rises to 2.2% Driven by Global Energy Costs

Singapore Consumer Inflation Rises to 2.2% Driven by Global Energy Costs

Singapore, Monday, 24 August 2026.
Singapore’s headline inflation reached a two-year high of 2.2% in July 2026, driven by surging global energy prices, yet the rate still came in below market expectations.