Iran is reportedly preparing for extensive retaliatory strikes on U.S. targets in the region within the next few hours, according to Tasnim News Agency. The Islamic Revolutionary Guard Corps has issued a warning that aggressors will face severe consequences, stating that the United States will regret its recent attacks. Iran’s response is expected to be significantly larger than the initial U.S. actions, with American bases and interests in the region identified as targets, reports Tasnim. The Islamic Republic of Iran Broadcasting (IRIB) has also indicated that the United States will face serious repercussions.
Ushakov announced that he will meet with Cardinal Zuppi, the Vatican's special envoy, at the end of September to discuss the situation in Ukraine. — TASS
President Vladimir Putin and President Recep Tayyip Erdoğan held an approximately 90-minute face-to-face meeting in Bishkek. According to Ushakov, their discussions primarily centered on the situation in the Black Sea.
Donald Trump, in an interview with Fox News, criticized the agreement with Iran, asserting that it is not worth the paper on which it is written. He further stated that Iran was afforded numerous opportunities.
Donald Trump, in a Fox News interview, expressed criticism of the agreement with Iran, stating that it is not worth the paper on which it is written. He further remarked that Iran had been given numerous opportunities.
Reports from Ukrainian media indicate that Ukraine intends to target Moscow and other city airports with swarms of low-cost drones. The objective is to impose a prolonged closure of Moscow's airspace and suspend all flights to Russia. It is noted that this strategy has been under consideration for some time; however, earlier limitations concerning civilian aviation are now expected to be disregarded by Kyiv in favor of more decisive measures.
According to Fars News Agency, Iran has reportedly commenced missile launches targeting U.S. assets in the region.
French President Emmanuel Macron has expressed his full support for Germany concerning the implementation of new European sanctions against Russia.
Oil prices have surged, with Brent crude exceeding $95 and WTI surpassing $90, marking a significant increase of 5%.
Volkswagen has announced the closure schedule for four major factories in Germany. Production at the Emden and Zwickau plants will end in 2031, Hanover in 2032, and Neckarsulm in 2034, according to WIWO.
Russian President Vladimir Putin addressed the press, with his statements expected to focus exclusively on the outcomes of the SCO summit.
Russian President Vladimir Putin has indicated a preference for collaborating with trusted individuals, particularly those associated with former President Trump. Among these contacts, Kushner and Witkoff are considered welcomed associates, underscoring ongoing geopolitical dynamics related to Ukraine.
Dell Technologies' shares increased by 5% after the company revised upward its fiscal year 2027 forecasts. The company, previously endorsed by former President Trump as a recommended investment, appears to be strategically positioning itself for sustained growth and success in the coming years.
Russian e-commerce company Ozon has proposed that sellers store their products in warehouses located in Kazakhstan for sale in the Russian market. This initiative aims to streamline logistics and improve market access for sellers targeting Russian consumers. For further information, please refer to this link.
Key global economic events are scheduled for today, September 2, 2026. The Eastern Economic Forum continues in Russia, while Australia releases its second-quarter GDP figures. The Reserve Bank of New Zealand will announce its interest rate decision, followed by the U.S. ADP Employment Report for August. Canada is also set to declare its interest rate. In the United States, July’s Factory Orders and EIA oil inventories will be reported. The day's economic activities will conclude with the release of the Beige Book. Further insights are available at mt in max.
New Zealand's central bank has announced an interest rate increase to 2.75%, consistent with market expectations and up from the prior rate of 2.5%. The central bank committee indicated that a gradual withdrawal of monetary stimulus is appropriate to achieve the objective of reducing inflation to 2%.