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Economic · Economic

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G20 backs final statement despite Russia tensions, China dissent

S7

G20 finance leaders wrapped up two days of talks in Ashville, North Carolina, on Tuesday with broad backing for a final statement, despite tensions over Russia’s participation and divisions with China. US Treasury Secretary Scott Bessent said Moscow’s presence had not disrupted discussions, as ministers also grappled with the war in the Middle East, tariffs, global trade imbalances and continued support for Ukraine.

Military · Geopolitical

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US military says completed latest wave of strikes on Iran

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US military says completed latest wave of strikes on Iran The US military announced on Tuesday that it has completed its latest round of attacks on Iran. "US forces struck Islamic Revolutionary Guard Corps (IRGC) targets including air defense sites, radar systems, maritime assets and facilities, mine laying capabilities, and communications sites," US Central Command said in a post to X, adding that the strikes were in retaliation for "attempted attacks by the IRGC against commercial shipping in the Strait of Hormuz and against American service members. S. " https://t. co/3MCmRHk7mi — U. Central Command (@CENTCOM) September 1, 2026

Military · Geopolitical

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Iran says it launched drone attacks on US base in Bahrain

S9

Iran says it launched drone attacks on US base in Bahrain The Iranian military said that it targeted a US base in Bahrain with a large-scale drone attack, according to a statement carried by Tasnim news agency on Tuesday. The army said the strikes were carried out on radar installations and areas where it says US forces are stationed at Sheikh Isa Air Base in Bahrain, a key base in the Gulf used to house reconnaissance aircraft, and as a maintenance centre for helicopters and drone components.

Geopolitical · Geopolitical

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Israel-Greece air defence deal to be 'scaled up' with UAE as contender, sources say

S8

Israel-Greece air defence deal to be 'scaled up' with UAE as contender, sources say Israel plans to “scale up” the export of the layered air-defence system it sold to Greece, with the UAE as its desired buyer, one current and one former US official familiar with ongoing discussions told Middle East Eye. Talks between Israel and the UAE, taking place alongside the US, are focused on how Israel can address a gap in the Emirates’ “layered defence” capabilities, the current US official told MEE. Israel’s $3.5bn sale to Greece on Monday is being described as a model for how it can export its systems and design to other partners. “This is a profit machine for Israel that they are looking to scale up,” the former US official familiar with the matter told MEE. “Israel’s layered air defence systems are cheaper and more exportable than ours [the US’s],” they added. The UAE is a prime candidate because it already cooperates on defence with Israel. The US said that Israel deployed Iron Dome missile defence batteries and technicians to the UAE during the height of fighting with Iran earlier this year. The Financial Times reported that Israel also sent a drone detection platform to the UAE. MEE revealed in May that the two countries sealed a deal to pursue the joint development and acquisition of weapons systems. The UAE already operates US-made Patriot and Thaad air defence systems. The Breaking Defence news site reported in 2022 that the UAE also purchased Israel's Barak air defence system. "[But] the UAE does not have a fully layered air-defence system," the US official told MEE. Read more: Israel-Greece air defence deal to be 'scaled up' with UAE as contender, sources say A battery of Israel's Iron Dome air defence system deployed near Gaza, on 17 April 2024 (Jack Guez/AFP)

Geopolitical · Geopolitical

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No casualties, minimal damage from US attack on Jiroft Airport

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No casualties, minimal damage from US attack on Jiroft Airport No casualties or damage to airport infrastructure have been reported after US strikes targeting Jiroft Airport on Tuesday, according to the deputy governor of Iran's Kerman province. In comments carried by Iran’s Fars News Agency, the deputy governor said a projectile landed outside the airport’s runway and the situation is “under control”.

Military · Geopolitical

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Mainland China stepping up preparations for Taiwan blockade, report says

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Taiwan’s defence ministry has warned that the People’s Liberation Army is stepping up its preparations for a blockade of the island, adding that it is sharpening its plans to break such a cordon in response. The assessment was made in the ministry’s “2026 China Military Power Report”, which was submitted to the legislature this week along with its five-year force development plan and next year’s proposed defence budget. The report said recent PLA exercises were increasingly focused on the “joint...

Military · Geopolitical

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No US casualties reported so far in Iran attack on Jordan facilities, officials say

S9

No US casualties reported so far in Iran attack on Jordan facilities, officials say No US casualties have been reported so far from an Iranian attack on facilities in Jordan, two US officials told Reuters on Tuesday. Jordanian air defences intercepted ten out of 13 ballistic missiles entering their airspace from Iran, while the remaining three fell in remote areas away from population centres, according to a statement from the country's military.

Natural · Natural

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Nepal-China floods highlight a growing front of the climate change crisis

S7

On August 26, a section of glacier collapsed at an altitude of more than 5,000 metres on the Nepalese side of the Himalayas. The falling ice and rock accelerated down a steep valley at about 50 metres per second, scouring debris and transforming into a high-speed mudslide that slammed into Gyirong Port on the Chinese side just seven minutes later. The force of the flow largely buried and obliterated the border facilities. Hundreds of people, many of them travellers, remain missing on the Chinese...

Economic · Economic

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Global bond selloff deepens as US launches fresh attacks on Iran

S7

Oil prices rose, stocks fell and bond yields spiked after the US launched fresh attacks on Iranian targets. Japan's 10-year bond yield hit 3% for the first time since 1996. The deepening global selloff comes amid fears over rising inflation and concern over mounting government debt - which in the US has risen above 40 trillion dollars. Meanwhile, in the single-currency Eurozone, inflation rose to the highest level in three years in August, driven by higher energy prices.

Geopolitical · Geopolitical

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Germany blames Russia for airport drone incident, hits back with sanctions

S8

Germany on Tuesday blamed Russia for an attempted "hybrid attack" involving an explosive-laden drone at a strategic airport last month and announced diplomatic counter-measures. The European Union expressed "full solidarity" with Germany, NATO assured that it would defend its members and countries including Britain, Estonia and Poland offered strong backing. Germany will close Russia's consulate in the former capital Bonn later this month, and cancel the contract for the Russian House, a cultural centre in Berlin, said Foreign Minister Johann Wadephul. FRANCE 24's Carys Garland reports.

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