Nevada’s transportation authority voted unanimously on August 20 to allow Tesla, Waymo and Uber to deploy up to 8,000 fully driverless robotaxis across Clark County over the next twelve months.
Author Archives: newanalytica
Posted inMarkets
YMTC Seeks $4.9 Billion Shanghai Listing on AI Memory Demand
China’s third-largest NAND flash chipmaker filed for a 33-billion-yuan IPO on Shanghai’s STAR Market on August 21, positioning itself to capitalise on surging AI data-centre memory demand despite US export restrictions.
Posted inEconomy
US 30-Year Treasury Yield Tops 5.33%, Highest in 19 Years
America’s long-term borrowing costs hit a 19-year high last week as Middle East oil shocks, persistent inflation above 3 percent, and a widening federal deficit pushed bond investors to demand greater compensation.
Posted inGeopolitics
Bessent Pledges Toughest Sanctions in History Against Iran
US Treasury Secretary Scott Bessent said Washington will impose what he called the greatest coordinated economic isolation of any country in history, warning Beijing that buying Iranian oil makes it a target.
Posted inWorld
Africa Corps Fighters Executed Nine Civilians in Mali, HRW Says
Human Rights Watch says Russia-backed Africa Corps paramilitaries rounded up and executed nine civilians, including four children, during a July raid on Bombori village in Mali’s Mopti region.
Posted inTech
EU Delays High-Risk AI Compliance to December 2027 Under Digital Omnibus
The EU’s Digital Omnibus package, which entered into force July 27, pushed high-risk AI compliance obligations from August 2, 2026 to December 2, 2027, while transparency rules remained on the original schedule.
Posted inMarkets
Bitcoin Tops $71,000 as Trump Endorses CLARITY Act at White House Crypto Event
Bitcoin surged more than 10% to $71,750 on August 20 after President Trump called on Congress to pass cryptocurrency legislation, triggering a record $2.7 billion short liquidation.
Posted inEconomy
Three Fed Dissenters Pushed for Rate Hike as July Minutes Reveal Hawkish Split
Minutes from the Federal Reserve’s July 28–29 meeting show three regional presidents voted to raise rates immediately, the largest dissenting bloc of the year, with many participants warning further hikes may be necessary.
Posted inGeopolitics
Russia Kills 17 in Kyiv With Overnight Missile and Drone Barrage
Russia launched 168 drones and dozens of missiles at Kyiv overnight on August 19–20, killing 17 people and destroying a residential block, as President Zelensky warned of a critical Patriot interceptor shortage.
Posted inWorld
Evergrande Founder Hui Ka Yan Sentenced to Life in Prison
A Shenzhen court sentenced Evergrande founder Hui Ka Yan, 67, to life imprisonment for fraud and bribery on August 20, closing the criminal chapter of China’s largest property collapse.