Morning Edition · Sunday, September 13, 2026
Markets
Saudi Arabia Loses Its Hormuz Bypass as Houthis Complete Control of Bab al-Mandeb
With the East-West pipeline to Yanbu shut after drone strikes and the Red Sea exit contested, a round trip from the Gulf to Asian refiners via the Cape of Good Hope would take roughly 100 days, Japanese reporting says.
Macro
Warsh's Fed Meets This Week With a Rate Increase Priced at Roughly Two in Three
The European Central Bank has already raised its deposit rate to 2.5 percent, and swaps price a near-certain Bank of Japan increase on Thursday, leaving three of the largest central banks tightening at once.
Geopolitics
Iraq Seizes Drone Platform Linked to Saudi Pipeline Attack as Tehran Says It Is Not at War With Riyadh
Baghdad dismissed a commander in Maysan province after confirming the launch site, while Iran reported that a civilian vessel was struck near Qeshm in the Strait of Hormuz, killing one person.
Geopolitics
BRICS Adopts New Delhi Declaration Urging Restraint Without Naming the US Strikes on Iran
The eleven-member bloc condemned attacks on nuclear facilities as breaches of international law and demanded protection of global trade routes, after India bridged a dispute between Tehran and the United Arab Emirates.
Geopolitics
Houthi Control of Bab al-Mandeb Leaves Washington With No Cheap Options
About 1,400 Yemenis crossed to Djibouti in a single day as the group consolidated its hold on the strait, giving Tehran influence over two of the world's main oil-shipping corridors.
Geopolitics
Drones Strike Tatarstan Petrochemical City, With Casualty Accounts in Dispute
Officials in Nizhnekamsk reported two dead and twelve injured, while a United States-funded broadcaster cited more than ten deaths at an industrial site, as Russia said it destroyed more than 60 drones over Rostov region.
Tech
Amodei Calls for a Slower AI Race, and Altman and Musk Say They Agree
The Anthropic chief executive proposed independent evaluators inside leading labs and eventual international limits on capabilities such as recursive self-improvement.
Markets
Executives Warn Private Equity Funds Raised in the Cheap-Money Years Will Miss Their Targets
Funds launched between 2019 and 2021 bought at valuations that rate increases have not validated, even as a single low-profile venture firm shows the size of the gains available to those who invested earlier.
World
Washington's Visa Restrictions Slow Brazil Crime Cooperation as Canadian Shoppers Shun American Goods
Brazilian officials say American authorities are blocking expanded police cooperation, while Canadian grocers are rebuilding supply chains around domestic producers.
World
China Pursues Port and Power Contracts in Sudan Before the War Ends
Beijing is negotiating with the army-backed government while most Western countries maintain only a limited presence, as developing states press for a larger role in setting global economic rules.
World
Sweden Votes in a Race That Could Put the Sweden Democrats in Cabinet for the First Time
Polls published Friday put the four centre-left parties at 49.3 to 50.8 percent against 47.6 to 49 percent for the governing bloc, with one survey projecting a one-seat margin.
Crypto
Two Crypto Billionaires Give Reform UK £72 Million in Two Days
Christopher Harborne matched a £36 million donation from BitMEX co-founder Ben Delo, a combined sum that exceeds what all registered British parties raised in 2025.