Morning Edition · Tuesday, August 11, 2026
Macro
Oil's 5% Jump Lifts the Ten-Year Treasury Yield to 4.70% Before Wednesday's US Inflation Report
With the Strait of Hormuz still closed, the market-implied probability of a Federal Reserve rate increase has returned to about 50%, and bitcoin failed to hold $65,000 for a fourth straight day.
Geopolitics
Iran Sets Blockade Removal as Its Price for Hormuz, as Iraqi Lawmakers Press for a US Withdrawal
Iranian state media describe an American carrier group strained by five months of deployment, while Washington moved President Trump out of Turkey on a decoy aircraft after an assassination threat.
Crypto
US Securities Regulator Schedules Vote on First Major Crypto Rulemaking as Bitcoin Slips Below $65,000
Wallets holding more than 10,000 bitcoin reached 90, the most in six months, even as smaller tokens led losses across the market.
Markets
Libya's Largest Working Refinery Hit by a Third Drone Strike in Four Days
Libya's National Oil Corporation says it may declare force majeure and halt the 120,000-barrel-a-day Zawiya plant if the attacks continue, and no group has claimed responsibility.
World
Colombia's Magnitude 7.4 Earthquake Kills at Least 132 People and Damages More Than 1,500 Buildings
Cali's mayor says 188 people are missing, and rescue teams are still working through collapsed structures in Pereira, Quibdó and Manizales.
Geopolitics
Moscow's Air Defences Shoot Down Seven Drones as Ukraine Extends Strikes Deep Into Russia
Russia's foreign ministry says Ukrainian forces fired more than a thousand munitions a day at Russian territory over the past week, and a drone-danger regime was declared as far east as Chelyabinsk.
Tech
China Loses a Long March 7A and Its Satellite 85 Seconds After Launch as Japan Puts a Navigation Satellite in Orbit
The failed rocket uses the YF-100 engine common to China's modern fleet, and the resulting investigation could delay Beijing's planned lunar missions.
Geopolitics
The Iran War Has Exposed Gaps in US Weapons Stockpiles as Washington Presses Southeast Asia on Deterrence
Pentagon policy chief Elbridge Colby told a Manila forum the United States now prioritises practical defence cooperation over ideology, a shift that arrives as munitions inventories run down.
World
New EU Border Checks Double Queues at Frankfurt and Amsterdam as Sweden Attacks Spain's Migrant Amnesty
Peak waiting times reached two hours at major airports, and Swedish Prime Minister Ulf Kristersson says mass regularisation threatens the integrity of the Schengen free-travel area.
Geopolitics
Malaysia Seizes an Israel-Bound Arms Shipment as Cyprus Weighs Buying Israeli Tanks
The container held at Tanjung Pelepas was consigned to Elbit Systems Land, while Nicosia considers Israeli armour to replace Soviet-era T-80s.
World
The UN Is Auctioning Its Somalia Mission Equipment as American Funding Cuts Reach Africa's Aid Operations
The support office in Mogadishu has tendered for auctioneers to sell vehicles and generators, while the UN warns that funding shortfalls are deepening displacement in Sudan.
World
Pakistan's Farmers Threaten a March on Rawalpindi as the World Bank Objects to Diverted Flood Funds
The Pakistan Kissan Ittehad has demanded the resignation of Punjab's chief minister by 25 September, and the World Bank warns that moving money from Balochistan housing to infrastructure would deepen poverty.