Ukrainian drones struck an air-defense unit and an oil refinery in Sochi, Russia.

A fire was also reported at the Sterlitamak petrochemical plant, which produces aviation fuel.

Germany’s Chancellor Merz:

We are facing a trade dispute with the Americans and significant imbalances with the People’s Republic of China.

If we want to stand our ground, including technologically, there is only one way: together in Europe and with the most modern technologies.

Anyone who, like the AfD, wants to leave the single market, leave Schengen and leave the European Union is fundamentally calling projects like the one being built here into question.

Norway’s $2.3 trillion sovereign wealth fund plans to cut U.S. Treasury holdings as it seeks higher returns and diversification.

The move comes amid a global bond sell-off, multiyear-high U.S. yields, and inflation concerns tied to the Iran war.

The fund's manager framed it as a push for broader returns, not a retreat from the U.S.

The proposal will be submitted to Norway’s parliament in spring 2027.

Source: CNBC

The Gulf’s 2026 economic rebound is fading as the U.S.-Iran war drags on.

Dubai and neighboring Gulf states are seeing sharp declines in tourism, aviation, hotels, real estate and major events.

Dubai airport passenger traffic fell 31% in the first half, hotel occupancy dropped to 56%, and luxury property sales fell 59%.

Major events, including Bahrain’s F1 race and Saudi Arabia’s E-Sports World Cup, have been relocated or canceled.

Governments are offering stimulus and tourism incentives, but business leaders increasingly expect weak conditions through year-end—and potentially a slow recovery even after the fighting stops.

Source: WSJ

Iran’s Foreign Minister Abbas Araghchi:

How much time does the Jordanian Foreign Minister believe Iran should wait before responding to an aggressor that respects neither Arab sovereignty nor Iranian sovereignty?

And is he truly unaware that Arab airspace, lands, and waters were used in the initial American attacks that resulted in the killing of innocent Iranians?

The power struggle between FIFA and UEFA is escalating, with FIFA accusing UEFA of running a “defamation campaign” against Gianni Infantino over his failed investor deal.

UEFA is seeking evidence for potential criminal proceedings against Infantino, while FIFA accuses it of protecting its economic dominance.

Infantino denies breaking the law and shows no sign of stepping down.

Source: Die Welt

Denmark expects to send its first migrants to a return hub outside the EU by 2027, alongside Germany, Austria, the Netherlands and Greece.

This follows the European Parliament's approval in June of a migration policy overhaul allowing member states to set up offshore detention centers and speed up deportations.

The Council of Europe warned in July that such return-hub arrangements pose "considerable human rights risks," including ill-treatment and arbitrary detention.

Source: Reuters

WATCH: Netanyahu posts an insane AI-generated video featuring NYC Mayor Zohran Mamdani, Turkish President Erdogan, Iran’s Mojtaba Khamenei, and Palestinian President Mahmoud Abbas on a group call, talking about how much they want Netanyahu to lose.

Ukraine and Poland are exploring a joint bid to host the FIFA World Cup in the 2040s, reviving their successful Euro 2012 partnership.

Source: POLITICO

Finland has launched Europe’s largest civil defense exercise since World War II, with more than 2,000 people practicing how to survive missile attacks, cyberattacks and disruptions to power and water.

In Kuopio, residents are being trained inside underground shelters, including a cave capable of housing 7,000 people.

Finland is also drawing lessons from Ukraine, where civilians often have only minutes to reach shelter during Russian attacks.

Source: AP

What’s behind Republika Srpska’s secessionist ambitions?

A multimillion-dollar lobbying campaign in Washington.

Under Milorad Dodik, its government spent at least $8.9 million on 11 lobbying firms in 2025 and 2026 to build political support and improve its image abroad.

Among those hired: a former US governor pardoned by Donald Trump after a corruption conviction.

📺 WATCH the full Clash Report documentary

A Russia sanctions bill that passed the Senate 86–11 is now stalled in the House, with little chance of a vote before the November midterms.

Lawmakers fear that forcing countries like India to replace Russian oil could drive up global oil and gasoline prices while giving Trump broader tariff powers.

Source: Bloomberg

UK Foreign Secretary Ed Miliband:

The UK's position on the Falkland Islands is unwavering.

The Islands are British and will remain so because that is the overwhelming position of the Islanders.

Their right of self-determination is paramount, grounded in international law and we will resolutely uphold it.

A YouGov poll shows a record 38% of Republicans now view Canada as “unfriendly” or an “enemy” of the U.S., the highest level recorded in the past decade.

Overall, 22% of Americans now hold that view of Canada, another decade-high.

Chinese rare-earth suppliers are halting some shipments to U.S. companies despite having export licenses, fearing punishment from Beijing amid rising U.S.-China tensions.

The delays are keeping critical material supplies tight and prices near record highs, affecting defense, semiconductor, aerospace and energy industries.

Some U.S. firms have waited more than six months for licenses, with the issue likely to feature in talks ahead of Xi Jinping’s September 24 visit to Washington.

Source: Reuters

WATCH: Train crashes into a truck at a railway crossing in Gdansk, Poland.

Andrew Tate has been indicted by Romanian prosecutors on charges including trafficking minors, money laundering, sex with a minor and witness tampering.

His brother Tristan has been indicted for complicity.

Source: Reuters

US Munition Likely Directly Hit Iranian Wedding: Experts

Weapons experts reviewing verified imagery said the blast that killed four people and injured at least 68 at a wedding in Kuhestak was consistent with a direct U.S. munition strike.

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US envoys Steve Witkoff and Jared Kushner are expected to visit Moscow first on September 5, before traveling to Kyiv on September 6.

Source: TASS

📸 Trump hosted prominent Hasidic rabbis at the White House.

Shares Jump as Volkswagen Agrees to Biggest Restructuring in 89-Year History

Volkswagen’s supervisory board agreed to its most extensive restructuring in 89 years, adding 50,000 job cuts to bring the total to 100,000, which resulted in shares rising 7%.

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