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BIZARRE: 23 - What They Never Told You

Trump has no interest in ‘worthless’ deal with Iran as both sides launch new strikes

US Centcom said it had struck IRGC air defences and maritime assets as Iran targeted American bases across the region

The Independent UK

Global Market: European shares hover near one-month low as bond yields, oil prices surge

European shares hovered near a one-month low on Wednesday as rising government bond yields and escalating US-Iran tensions fuelled concerns over higher energy prices and inflation. The STOXX 600 was broadly flat, while Germany’s 10-year bond yield hit its highest level since April 2011, raising expectations of tighter ECB policy.

The Economic Times

Global bond sell-off intensifies as US-Iran tensions stoke inflation fears

UK borrowing costs driven up, adding to challenges facing John Healey as he prepares for first budget

The Guardian - UK

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Joe Rogan slams Trump’s Lake Ontario name change as ‘a distraction’

‘Who cares if it’s Lake Ontario? It’s a good name,’ Rogan told listeners

The Independent UK

Iran’s currency hits record low – as it happened

This blog is now closed

The Guardian - UK

Iran wedding celebration reportedly hit by US airstrike as five killed

A home in the southern Iranian city of Kuhestak was hit by a US airstrike while a wedding celebration was reportedly taking place inside.

The Independent UK

What are Iran's options to retaliate as open warfare resumes with the US?

The US launched a fresh wave of attacks on Iran, prompting Iranian missile strikes on what Tehran said were US assets in Jordan, Bahrain, Kuwait and Iraq.

The Economic Times

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Iran threatens ‘devastating’ response to reported US bombing of wedding party

IN FULL

The Independent UK

Iran fires on Bahrain, Jordan, Iraq after deadly US strike on wedding party

BAHRAIN intercepted an Iranian aerial attack early on Wednesday, as Tehran continued to fire on allies of the US in the Gulf region in response to…

The National (Scotland)

Iran fires on Gulf neighbors despite Trump's threats to escalate US attacks

Bahrain says it intercepted an Iranian aerial attack as renewed fighting threatened to fully reignite the conflict between Iran and the United States

The Independent UK

CENTCOM says it completed "wave of strikes" against Iranian military targets

United States forces conducted strikes against Iranian military targets in West Asia. Iran's Foreign Ministry reported civilian casualties from strikes on a wedding celebration. Iran's IRNA news agency claimed retaliatory ballistic missile and drone attacks on US bases. Bahrain and Kuwait reported responding to Iranian drone attacks and missile interceptions.…

The Economic Times

Asian shares decline after stocks slip on Wall Street, while global bond sell-off intensifies

Asian shares have declined after stocks slipped on Wall Street and as a bond market sell-off deepens

The Independent UK

Controversial US aircraft carrier Abraham Lincoln arrives in Thailand after months at sea

Democratic lawmakers have called for an investigation into conditions on the USS Abraham Lincoln following reports of food shortages, broken plumbing and mental health crises.

Euronews

Iran-US war latest: Trump warns he’s ‘prepared’ to launch fresh attack as US embassies issue security alert

Fighting between the US and Iran has seen the biggest exchange of fire since July

The Independent UK

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International Business Times UK

Hung Cao Navy Secretary Nomination Lands as Iran War Leaves US Sailors Stretched To Breaking Point

Donald Trump has nominated acting Navy Secretary Hung Cao for the permanent role as the Iran war strains US sailors and fresh resignations shake Pentagon leadership.

The Economic Times

Global Market: Japanese shares tumble as Iran conflict lifts oil prices, bond yields

Japanese equities tumbled on Wednesday as renewed US-Iran military strikes pushed oil prices higher and raised concerns over economic growth, while surging government bond yields pressured technology and chip stocks. The Nikkei fell nearly 3%, with defensive drugmakers bucking the broader market decline.

The Economic Times

Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissented

Treasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which aims to curb global economic imbalances. Bessent urged other nations to adopt measures similar to the Trump administration's trade policies. He also previewed upcoming discussions between President Trump and President Xi…

The Economic Times

Rupee falls 2 paise to 94.97 against US dollar in early trade

The Indian rupee slipped further in early trading on Wednesday amidst signs of escalating tensions between the US and Iran, coupled with soaring oil prices creating turmoil in currency markets. With rising Treasury yields strengthening the dollar, risk aversion is on the rise. The Reserve Bank of India is closely…

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The Economic Times

Global Market: South Korean stocks slide more than 3% as Iran conflict deepens global market selloff

South Korea’s Kospi plunged over 3% as rising bond yields, higher oil prices and escalating US-Iran tensions hit investor sentiment. Foreign investors sold heavily, while major technology and auto stocks declined. Korean Treasury yields climbed across maturities, although the won strengthened against the dollar as August inflation rose modestly.

The Economic Times

Why is market falling today? Sensex, Nifty selloff wipes out Rs 5 lakh crore investor wealth: 5 key factors

Indian stock markets experienced a significant downturn on Wednesday morning. Sensex and Nifty saw substantial drops, reflecting investor concerns. Escalating US-Iran tensions and soaring oil prices spooked market participants. This sharp decline erased nearly Rs 5 lakh crore from market capitalization.

The Economic Times

Iran claims 7 killed in US missile strike on Khuzestan; Houthis warn US troop hosts of "repercussions"

Seven people were killed and eight injured after US missile strikes targeted three locations in Iran’s Khuzestan province, Iranian state media reported. Missile strikes were also reported near Ahvaz and Aghajari. Meanwhile, Houthi authorities warned countries hosting US forces of “repercussions”, as Donald Trump claimed Washington had “almost total control”…

The Economic Times

Russia secretly helping Iran develop supersonic missiles: Report

Russia reportedly aids Iran in developing advanced supersonic cruise missiles since 2023. This covert program involves Russian missile specialists and ramjet propulsion technology. The technology could significantly enhance Iran's military capabilities and threaten naval vessels. This cooperation deepens existing strategic and military ties between Moscow and Tehran. The development occurs…

The Economic Times

'Tanker for tanker': Trump's new retaliation policy behind US strikes on Iran

United States forces struck two Iranian government tankers on Tuesday. These strikes were part of a new policy aimed at deterring attacks. Approximately one hundred targets, including military sites, were hit by US drones. Iran's retaliation involved ballistic missiles and drones, which were largely intercepted. Shipping continued through the Strait…

France 24

USS Lincoln carrier docks near Thailand's Pattaya resort after nine months at sea

More than 5,000 US sailors and Marines arrived in Thailand Wednesday after nine months at sea on the USS Abraham Lincoln aircraft carrier. The carrier's long deployment in the Middle East during the US-Israeli war on Iran sparked reports of worsening mental health crises on board, including attempted suicides.

AAP

Aussie shares fall as uncertainty hangs over markets

Miners have sold off sharply after fresh strikes between the US and Iran sent oil prices higher, while bond yields soared as inflation fears swelled.

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