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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TRUMP SAYS VERY PRODUCTIVE AND POSITIVE TALKS WERE HELD AT THE G20 FINANCE MINISTERS MEETING
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IMF'S GEORGIEVA: 2026 GLOBAL GROWTH OUTLOOK HAS FIRMED AT AROUND 3%; STRAIT OF HORMUZ CLOSURE KEEPS ENERGY-SHOCK RISK ELEVATED
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US BITCOIN ETFS ATTRACT ~$3.5 BILLION IN AUGUST INFLOWS, THEIR STRONGEST MONTHLY PERFORMANCE IN MORE THAN A YEAR AS BTC JUMPS 25%.
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BITCOIN DROPS TO ~$76,400 AS $80,000-$83,000 EMERGES AS KEY RESISTANCE; BLACKROCK’S IBIT CAPTURES ~88% OF AUGUST’S ETF INFLOWS.
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IRAN'S IRGC SAYS IT LAUNCHED A HEAVY BALLISTIC MISSILE ATTACK ON HANGARS HOUSING U.S. RQ-4 AND MQ-9 LONG-RANGE DRONES AT PRINCE HASSAN AIR BASE IN JORDAN, SAYING SEVERAL DRONES WERE DESTROYED, U.S. PILOTS AND TECHNICAL PERSONNEL WERE KILLED, AND MULTIPLE MILITARY FACILITIES CAUGHT FIRE
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