Morning Edition · Sunday, August 23, 2026
Macro
Canada Sets September 8 Tariffs on US Steel and Electronics After 50 Percent American Levies Take Effect
Talks in Washington collapsed on August 21, and Ottawa says it will match the United States dollar for dollar, putting the continental free trade pact itself in question.
Macro
Thirty-Year Treasury Yield Near Highest Since 2007 as Gold Holds Above 4,500 Dollars and Bitcoin Adds 22 Percent
The Treasury doubled the size of its long-bond buybacks, and investors bought leveraged single-stock funds through a chip selloff even as all three main American indexes lost ground on the week.
Macro
Russian Crude Passes Half of India's Oil Imports as Middle East War Reshapes Supply
Indian refiners took about 2.47 million barrels a day from Russia in July, a 62 percent increase on a year earlier, at an average Urals price near 60 dollars a barrel while Brent trades close to 94.
Geopolitics
Iran's Security Chief Threatens Gulf Oil Routes That Bypass Hormuz as a Cyberattack on a British Plant Is Reported
Mohsen Rezaei told Iranian state broadcasting that neighbours joining what he called America's economic war will be treated as enemies, while The Telegraph reported that Iran-linked hackers shut a small United Kingdom power plant for four days.
Geopolitics
Drone Debris Sets Fire to an Ozon Warehouse in Orenburg, the Second Strike on Russian E-Commerce Logistics in Two Days
More than 300 workers were evacuated from the Orenburg site after a facility in Samara region burned on Saturday, moving the war's costs into Russia's domestic distribution network.
World
Magnitude 5.9 Earthquake Under Ibaraki Shakes Tokyo and Injures Dozens
The quake struck at 2 a.m. local time at a depth of 70 kilometres, delayed express trains to Narita Airport and cut power to about 460 homes, with no tsunami warning issued.
Macro
Pakistan Collects Record 15 Billion Rupees at the Khunjerab Pass as Tariffs Redraw Asian Trade Routes
Customs revenue from Chinese imports through the high-altitude crossing rose to 15 billion rupees in the 2025-26 fiscal year, while Indian exporters face American scrutiny over goods routed through third countries.
Geopolitics
Kazakhstan Votes for a New Single-Chamber Parliament as Tokayev Consolidates Control
Seven parties contest 145 seats in the Kurultai created by a constitution that took effect on July 1, in an oil exporter that must keep balancing Russia, China and the European Union.
Tech
Chinese Robot Makers Shift From Humanoid Demonstrations to Machines Built for Work
A humanoid ran 100 metres in 9.39 seconds at a Beijing competition, but manufacturers at the World Robot Conference put wheeled and task-specific designs at the centre of their pitch.
Markets
American Buyers Are Acquiring European Asset Managers at the Fastest Rate in Decades
Cross-border purchases of European fund groups by non-European firms rose to 67 in the first half of 2026 from 56 a year earlier, with disclosed value climbing from 15.2 billion dollars to 24.3 billion.
Crypto
A Second Crypto Executive Vanishes in Europe as Bitcoin Posts a 22 Percent Week
Four years after the founder of a European exchange disappeared, his successor has too, and the unresolved collapse illustrates why custody risk keeps returning during price rallies.
World
Bulk Carrier With 24 Crew Sinks Off India's East Coast, Two Rescued
The Panama-flagged vessel carried 20 Chinese, three Myanmar and one Bangladeshi crew member when the Indian Coast Guard lost contact off Odisha.