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Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble | Fortune 0
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- August 16, 2026
The first U.S.-Japan joint intervention in three decades aimed at boosting the yen has come and gone without doing much to ease anxiety in currency markets. Treasury Secretary Scott Bessent’s notepad suggested the U.S. bought $5 billion-$10 billion worth of yen, while Japan’s move topped $50 billion. The exchange rate initially strengthened to about 157 yen per
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Zhu Rongji, who helped turn China into a trading giant, dies at 97 0
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- August 12, 2026
Former Chinese Premier Zhu Rongji, who spearheaded China’s entry into global trade and laid the foundation for its explosive growth, has died at the age of 97. He served in the country’s second-highest office from 1998-2003 and played a leading role in securing its entry into the World Trade Organization, opening Chinese factories to the
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The once-destroyed community that is now a global energy giant 0
- Gear / Gear News and Events, General, News, Newsletters, Security / Security News
- July 30, 2026
Nowhere is that exposure more acutely felt than in Germany, the EU’s largest manufacturer, producing more than a quarter of the bloc’s industrial output. At InfraLeuna, a vast chemicals and plastics industrial park in central Germany, boss Christof Guenther has seen his site’s annual gas bill rise from €60m ($68m; £51m) before the war in
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Ghana mourns its tallest man, the Awuche, a “generous and popular giant”0
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- July 28, 2026
Kudus told the BBC that the sores on Ache’s legs were not directly caused by Marfan syndrome, but are likely a complication caused by his condition. He died Monday morning in hospital even though doctors said he had responded well to treatment. “Everyone is sad,” Kudus said, adding that Gambaga residents were shocked by his
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Russia replaced its once-grand Navy Day parade with an event without ships and a giant banner 0
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- July 28, 2026
Russia canceled its historic Navy Day parade for the second year in a row and instead held a silent event featuring only large banners of warships. Two lines of about 30 sailors greeted the country’s leader, Vladimir Putin, as he arrived Sunday at the Russian Navy’s headquarters in St. Petersburg, where the Kremlin said he
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Can giant space mirrors boost green energy on Earth? A startup aims to discover 0
- SCIENCE, Science / Health, Science Mission Directorate, scientists, Space, Space Communications & Navigation Program, Space Launch System (SLS), Space Telescope, space-x-ipo, SpaceX
- July 18, 2026
Reflect Orbital aims to redirect sunlight towards the night areas of the Earth.Credit: Jesper Klausen/Scientific Photo Library A risky plan to turn night into day is one step closer to reality. Last week, U.S. officials approved a mission to launch a giant mirror into space, where the device will reflect sunlight onto shadowed parts of
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