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Good morning. At this time we’re overlaying:
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Iran’s message to western leaders
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Nasa’s discovery of liquid water on Mars
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The Pentagon’s embarrassing reversal on Chinese language firm Hesai
However first, former president Donald Trump lashed out on the “unhealthy individuals in our authorities” who’re “extra harmful” than international adversaries corresponding to Russia and China in an interview he gave to billionaire Elon Musk on X yesterday.
Trump praised the management of Russia, China and North Korea, saying that “they’re powerful, they’re good and they’re vicious”.
He went on to accuse the Democratic occasion of staging a “coup” to exchange Joe Biden with Kamala Harris on the presidential ticket, later suggesting that the president was “near a vegetable state”. Musk urged that the occasion “took [Biden] out again behind the shed and principally shot him”.
Trump accused Harris of moderating on points corresponding to immigration, saying she was a “radical left, San Francisco liberal . . . and now she wants to be more Trump than Trump”.
Critics have urged that the Trump marketing campaign has did not launch coherent assaults in opposition to Harris since she turned the official presidential nominee, and that his rambling about her over the two-hour lengthy interview was a living proof.
He additionally raged in opposition to the EU: “We’ve a deficit with [the EU] of $250bn, which individuals don’t know,” he stated. “It sounds so good — ‘the European Union’. However let me let you know: they’re not as powerful as China, however they’re unhealthy. And I allow them to comprehend it . . . No, they don’t deal with our nation effectively.”
Right here’s what else I’m retaining tabs on at present:
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Financial knowledge: US publishes July producer worth index inflation price knowledge.
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Outcomes: CSL, HelloFresh, Henkel, House Depot, Simply Group, Porsche and
Solar Life Monetary report.
Robert Armstrong of Unhedged and different FT consultants from London to Tokyo will break down the latest buying and selling turmoil in a subscriber-only webinar tomorrow. Don’t miss it.
5 extra high tales
1. Iran has condemned western leaders for urging it to not assault Israel in retaliation for the assassinations of Hamas and Hizbollah leaders. The White Home stated it was getting ready for “what might be a big set of assaults” that would happen as soon as “this week”.
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Go deeper: Since Hamas’s political chief was assassinated in Iran, the Islamic republic has saved the area on edge, giving few clues on how it will retaliate.
2. Traders are piling again into bonds as recession overtakes inflation as markets’ main fear, and stuck revenue proves its price as a hedge in opposition to the latest inventory market chaos.
3. Scientists have found a reservoir of liquid water deep within the crust of Mars, a breakthrough that implies life could have existed on the planet.
4. China’s Hesai, the world’s greatest maker of laser sensors for EVs, might be faraway from the Pentagon’s blacklist of Chinese language military-affiliated firms, in an embarrassing reversal for the US defence division.
5. Almost 80 Nobel prizewinners and former world leaders have hit out on the removing of a specific mention of fossil fuels from a draft UN local weather pact. The brand new draft replaces a reference to “accelerating” a “transition away from fossil fuels” with a name for local weather motion “on the premise of the very best obtainable science”.
Information in-depth
The Paris Olympics are over, giving athletes some well-deserved time to decompress after a protracted summer season of shattering information and pushing the bounds of human potential. However usually, the largest problem comes within the weeks and months after the video games, when the glow of the competitors begins to fade. So how do Olympians fight the post-Games blues?
We’re additionally studying . . .
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Defence: Russia has skilled its navy to target sites deep inside Europe with nuclear-capable missiles in a possible battle with Nato, in accordance with secret information seen by the FT.
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Rise of branded video games: Corporations shifting into platforms corresponding to Roblox uncover that balancing model constructing with leisure for a group that’s sensible to advert trickery remains a tough task.
Chart of the day
About half of all jobseekers are utilizing synthetic intelligence instruments to boost their purposes, inundating recruiters with low-quality CVs and canopy letters in an already slack labour market. A latest survey means that those that used the free model of ChatGPT have been much less more likely to cross psychometric exams, whereas those that used the paid-for model were highly likely to.
Take a break from the information
AI, more and more utilized in style in relation to search, ecommerce and customer support, is making inroads into advertising. Extra lately, AI influencers have develop into a flashpoint for conversations about inclusion and illustration in style media. The usage of AI nonetheless raises questions round who’s profiting and what real representation looks like.
Extra contributions from Benjamin Wilhelm and Irwin Cruz