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Iran's Supreme National Security Council Secretary Mohsen Rezaei said the Strait of Hormuz will stay closed until the US corrects its behavior and fulfills its commitments. Tehran also announced service fees for authorized ships and warned of penalties for non-compliant vessels, as the US prepares new economic measures.
Iran's President Masoud Pezeshkian defends a memorandum of understanding with the US as the best path out of a stalled war, while the new head of Iran's Supreme National Security Council, Mohsen Rezaei, warns that the Strait of Hormuz will remain closed until the US changes its behaviour. Rezaei also threatens neighbouring countries against joining US economic pressure, and the US announces an 'Economic D-Day' campaign against Iran.
Taylor Swift and Dakota Johnson reportedly reunited for a girls' night out at the exclusive Bird Streets Club in Los Angeles on Friday, August 21, less than two months after Swift's wedding to Travis Kelce. The outing was captured through a tip from DeuxMoi and a glimpse of Swift's security team, though neither star was photographed. Meanwhile, reports continue to surface about Swift's domestic life with Kelce in Missouri, and her friendship with Johnson.
Alex Palou won his seventh pole of the season for the inaugural Freedom 250 Grand Prix in Washington, D.C., while drivers focused on the challenging bumps of the new street course. The race, created by President Trump via executive order, drew record viewership and a festive atmosphere.
A 50% tariff on $20 billion in Canadian imports took effect, prompting Canada to pull out of trade talks and announce retaliatory tariffs. The move drew criticism from U.S. politicians and raised concerns for border businesses, while highlighting the long-running trade dispute.
Former British Prime Minister Boris Johnson, speaking at The Economic Times World Leaders Forum, urged closer coordination among India, the United States and the United Kingdom to end the Iran conflict and reopen the Strait of Hormuz. He described the US involvement as a mistake, recalled historical India-Russia ties via a conversation with Queen Elizabeth II, and pressed for greater pressure on Moscow over Ukraine while praising India's leadership and democratic trajectory.
President Donald Trump's latest financial disclosure reveals more than 1,000 securities trades in June, valued between $78.1 million and $263.1 million, including a notable purchase of SpaceX stock. The White House says the investments are independently managed, while critics raise conflict-of-interest concerns.
Iran's top security official, Mohsen Rezaei, accused President Trump of fostering global nuclear instability, while Washington announced a new 'Economic D-Day' campaign against Tehran. Iranian officials rejected the US move, and the confrontation deepened over nuclear and economic tensions.
The breakdown of last-ditch trade negotiations has left one of the world's closest alliances fundamentally altered, with Prime Minister Mark Carney declaring 'America has changed' and Canada retaliating dollar for dollar. The US imposed 50% tariffs on Canadian goods, triggering concerns from American governors and economists who blame the White House for the rupture.
After the collapse of Canada-U.S. trade negotiations, Prime Minister Mark Carney announced retaliatory tariffs effective after Labour Day weekend. Calgary businesses share their adaptation strategies, while economists warn of significant job losses across the country.
Rep. Tom Kean Jr. held his first campaign fundraiser since returning from a 116-day absence for depression treatment, with Speaker Mike Johnson in attendance. The event was overshadowed by an incident in which police were called on a New York Times reporter trying to cover the event, drawing criticism from Democrats and scrutiny of Kean's transparency.
Far-right activist Jake Lang was arrested on probable cause of riot after vehicles drove onto a sidewalk toward a crowd near Minneapolis City Hall. The rally, initially called the 'N-March', drew counter-protesters and led to clashes, including a man in a Spider-Man costume punching Lang. Police reported multiple arrests and injuries.
After U.S. President Donald Trump imposed 50% tariffs on billions of dollars in Canadian exports, Canadian premiers united in their response, urging residents to buy local and supporting Prime Minister Mark Carney's dollar-for-dollar retaliation. Small businesses on both sides of the border face significant hardships, with some expecting to lose half their customers.
Canadian premiers presented a united front behind Prime Minister Mark Carney's decision to walk away from U.S. trade talks, but divisions surfaced over how far to push back. As the U.S. imposed 50 per cent tariffs on billions in Canadian goods, provincial leaders voiced support alongside cautions about economic fallout and calls for local buying.
Reports say Army Secretary Dan Driscoll is expected to leave his post by the end of 2026, possibly earlier, after months of tension with Defense Secretary Pete Hegseth. His departure would leave the Army without a Senate-confirmed secretary, adding to leadership gaps following the firing of Gen. Randy George.
Federal Reserve Chair Kevin Warsh faces a critical test at his first Jackson Hole symposium, while Nvidia's earnings and key economic data are poised to drive market direction this week.
Nancy Kassebaum Baker, the first woman elected to the U.S. Senate without following a spouse into office, has died at age 94. Her son confirmed she died Friday of natural causes, recalling her as an independent voice who prioritized Kansas and the country over party loyalty.
The Senate is set to vote on a cloture motion for the CLARITY Act on September 15, with Coinbase CEO Brian Armstrong urging support. The bill, which would create a federal framework for digital assets, faces uncertain odds as Republicans need Democratic backing to advance.
Michigan Republicans formally nominated state Rep. Jay DeBoyer as John James' running mate at their Aug. 22 convention, with delegates backing him without challenge. Notably, President Donald Trump was barely mentioned in convention speeches, a departure Democrats have seized upon with an attack billboard.
The Indian government refused political clearance for Telangana Chief Minister A Revanth Reddy's planned US visit, prompting accusations of political bias from the Congress and criticism from the BJP. The MEA said the proposed programme was not appropriate, while the IOC USA expressed disappointment and alleged a double standard.