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Incidents
Wildfires Spiral Out of Control as Flames Generate Their Own Storms in British Columbia
Wildfires in Canada’s British Columbia have reached a scale at which the flames are beginning to generate their own weather conditions. Extreme heat above the fires creates powerful rising air currents that can produce...
Incidents
Chinese Rocket Fails During Zhongxing-4B Satellite Launch
The rocket was launched on August 10 from the Wenchang Spacecraft Launch Site in Hainan Province. Liftoff took place at 8:02 p.m. Beijing time. The mission initially proceeded as planned, but an anomaly was...
Digital technologies
Meta and TikTok Fail to Halt More Than 3,000 Lawsuits Over Teen “Addiction”
The U.S. Court of Appeals for the Ninth Circuit has allowed more than 3,000 lawsuits against Meta, Google, TikTok and Snap to proceed. The companies are accused of developing features deliberately designed to keep...
Business
Oil Surges 5%, but Brent Retreats to $87.69
Price Rally Gives Way to a Correction
Oil prices rose sharply on August 10 as hopes faded for an imminent US-Iran agreement and the full restoration of shipping through the Strait of Hormuz.
According to Reuters,...
Incidents
Houthi Attack on Tihamah in Red Sea Kills 6
Death Toll Rises to Six
As of August 13, 2026, six people have been confirmed killed in the attack on the cargo vessel Tihamah near the Bab el-Mandeb Strait on August 11.
According to Yemen’s Transport...
Digital technologies
BRICS Discusses Linking Fast Payment Systems and Digital Currencies
Members Consider Payment System Interoperability
BRICS members are discussing potential links between their national fast payment systems and central bank digital currencies, or CBDCs. Reserve Bank of India Governor Sanjay Malhotra disclosed the talks, Reuters...
International trade
Russia Prepares North–South Corridor Agreements With Qatar and Saudi Arabia
More Countries Could Join the Corridor
Russia is preparing cooperation documents on the International North–South Transport Corridor with Qatar, Saudi Arabia and several other states, according to the Russian Ministry of Transport.
The ministry has not...
Business
Canada’s Maritime Trade Reaches $429 Billion as USMCA Could Add 235,000 Jobs
International Ships Carried 366 Million Tonnes
International vessels transported 366 million tonnes of cargo to and from Canada in 2025, representing $429 billion in trade. The figures come from a new study commissioned by the...