G20 CHAIR'S STATEMENT SUPPORTS IMF ENHANCEMENT OF ANALYTICAL TOOLS TO IMPROVE SURVEILLANCE OF POLICIES THAT DRIVE GLOBAL IMBALANCES.
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G20 CHAIR'S STATEMENT SAYS THE G20 IS CONCERNED BY ONGOING DISRUPTIONS TO ENERGY TRADE AND SAFE NAVIGATION THROUGH THE STRAIT OF HORMUZ, AND URGES NATIONS TO AVOID NEEDLESS EXPORT LIMITS TO KEEP SUPPLY CHAINS OPERATING NORMALLY, WITH ADVANCING GROWTH A KEY FOCUS AS ECONOMIES WORK TO TACKLE REGULATORY AND ADMINISTRATIVE HURDLES.
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G20 CHAIR'S STATEMENT SAYS G20 ECONOMIES ACKNOWLEDGE THAT EXCESSIVE IMBALANCES POSE RISKS AND CAUSE DISTORTIONS AND ADVERSE SPILLOVERS, THAT COUNTRIES WITH PERSISTENT AND EXCESSIVE EXTERNAL SURPLUSES SHOULD ELIMINATE DISTORTIONS CAUSING OVERDEPENDENCE ON EXPORTS FOR GROWTH, AND THAT IT SUPPORTS AN IMF BOOST OF ANALYTICAL TOOLS TO ENHANCE SURVEILLANCE OF POLICIES DRIVING GLOBAL IMBALANCES.
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AWS SAYS IT IS EXPANDING PROTECTION FOR DIGITAL CAMPAIGNS IN THE 2026 U.S. ELECTION WITH MORE THAN 20 CYBERSECURITY SERVICES AT NO OR LOW COST, ADDING THAT THE FEDERAL ELECTION COMMISSION HAS GRANTED DDC SPECIAL AUTHORIZATION TO OFFER CYBERSECURITY SUPPORT TO ELIGIBLE FEDERAL CAMPAIGNS - BLOG POST
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U.S. TREASURY SECRETARY BESSENT SAYS ONE G20 MEMBER WAS UNABLE TO REACH CONSENSUS AND THAT A CHAIR'S STATEMENT REFLECTING THE VIEWS OF THE OTHER 19 G20 MEMBERS IS BEING ISSUED, ADDING THAT HE HAD HOPED TO ANNOUNCE A UNANIMOUS JOINT G20 COMMUNIQUÉ
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U.S. TREASURY SECRETARY BESSENT SAYS TRADE IS IN AN UNSUSTAINABLE EQUILIBRIUM AND THAT IT IS UNSUSTAINABLE TO HAVE A NON-MARKET ECONOMY EXPORT SURGE, ADDING THAT CHINA WAS CLEARLY THE G20 DISSENTER AND THAT HE HELD A GOOD DISCUSSION WITH CANADA
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Kuwaiti Army: Air Defences Responding To Hostile Drone Attacks Following Iranian Attack
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KUWAITI ARMY: AIR DEFENCES RESPONDING TO HOSTILE DRONE ATTACKS FOLLOWING IRANIAN ATTACK
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U.S. TREASURY SECRETARY BESSENT SAYS IT IS IMPORTANT TO ENGAGE WITH RUSSIA, NOTING THAT SOME EUROPEANS 'HAD A SOUR TASTE' OVER RUSSIA'S PRESENCE AT THE G20, AND THAT HE HELD PRIVATE TALKS WITH RUSSIA AND CHINA ON IRAN.
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U.S. TREASURY SECRETARY BESSENT SAYS IRAN IS CARRYING OUT FURTHER ATTACKS, NOT MERELY THREATENING THEM, NOTING THAT IRAN ONLY HAS AROUND 30 MLN BARRELS OF CRUDE ON THE WATER AND THAT CHINA PAYS IRAN IN YUAN
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U.S. TREASURY SECRETARY BESSENT SAYS I TEMPORARY ELEVATED ENERGY PRICES WILL FALL WITH LARGER REAL WAGE GAINS EXPECTED AS ENERGY RETREATS, ADDING THAT HIGHER GROWTH IS THE MOST IMPORTANT FACTOR FOR BOND YIELDS AND THAT AI SPENDING WILL ULTIMATELY BE DISINFLATIONARY — WITH BENEFITS EXPECTED WITHIN THE NEXT SIX MONTHS — THOUGH AI BORROWING HAS CREATED A TYPE OF 'CONUNDRUM'.
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U.S. TREASURY SECRETARY BESSENT SAYS HE EXPECTS AI TO BE ON THE AGENDA WHEN CHINA'S XI VISITS THE U.S. IN SEPTEMBER, NOTING HIS MAIN CHINESE AI COUNTERPART HE LIFENG WAS NOT PRESENT AT THE G20 AND THAT HE HELD ONLY LIMITED AI DISCUSSIONS WITH CHINA.
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U.S. TREASURY SECRETARY BESSENT SAYS AI SPENDING WILL ULTIMATELY BE DISINFLATIONARY, WITH BENEFITS EXPECTED WITHIN THE NEXT SIX MONTHS, THOUGH AI BORROWING HAS CREATED A TYPE OF 'CONUNDRUM'.
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U.S. TREASURY SECRETARY BESSENT SAYS JAPAN SHOULD END ITS REFLATIONARY POLICY AS ABENOMICS HAS RUN ITS COURSE, ADDING THAT JAPAN IS NOW ONE OF THE WORLD'S MOST VIBRANT ECONOMIES AND THAT WHILE ABENOMICS HAS WORKED, 'NOW IS THE TIME FOR TAKAICHI-NOMICS'.
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U.S. TREASURY SECRETARY BESSENT SAYS IT IS IMPORTANT TO ENSURE AI PRODUCTIVITY GAINS ARE SPREAD EVENLY.
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U.S. CENTCOM SAYS THE U.S. MILITARY HAS COMPLETED ITS SEPTEMBER 1 SERIES OF STRIKES AGAINST IRAN, HITTING IRANIAN AIR-DEFENCE SITES, RADAR SYSTEMS, MARITIME ASSETS, MINE-LAYING CAPABILITIES AND COMMUNICATIONS SITES, AND COMPLETING STRIKES ON IRGC TARGETS.
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U.S. CENTCOM SAYS THERE ARE MORE THAN 50,000 U.S. TROOPS IN THE MIDDLE EAST.
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NEW ZEALAND'S JULY BUILDING PERMITS FELL 4.3% MONTH-ON-MONTH, A STEEPER DROP THAN THE PRIOR 3.6% DECLINE
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Bahrain interior ministry alerts potential threat, urges citizens and residents to stay calm and seek nearest safe location
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BAHRAIN INTERIOR MINISTRY ALERTS POTENTIAL THREAT, URGES CITIZENS AND RESIDENTS TO STAY CALM AND SEEK NEAREST SAFE LOCATION
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TRUMP SAYS HE IS PLEASED TO NOMINATE 'A GENUINE WARRIOR', HUNG CAO, AS THE NEXT SECRETARY OF THE NAVY
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