Syria’s Fourth Criminal Court sentenced former president Bashar al-Assad to death in absentia on August 11, the first verdict against him since his regime collapsed in December 2024.
Meta Releases Muse Glimmer, a 30-Billion-Parameter Open-Weight AI Agent
Meta’s Muse Glimmer is a 30-billion-parameter open-weight AI agent running locally on consumer GPUs under Apache 2.0, paired with Mark Zuckerberg’s broadside against closed-AI-lab strategies.
Nvidia Mobilizes $500 Billion in AI Infrastructure Financing With Six Wall Street Firms
Nvidia signed MOUs with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create AI compute financing platforms targeting over $500 billion in third-party capital.
US Inflation Falls Below 3% for First Time Since 2021
July 2026 US CPI came in at 2.9% year-over-year — the first sub-3% reading since 2021 — strengthening the case for a Federal Reserve rate cut at the September meeting.
Russia Plans Kyiv Energy Strikes Before Ukraine’s Independence Day
Russia is preparing large-scale strikes on Kyiv’s power grid before August 24, exploiting Ukraine’s acute shortage of Patriot ballistic missile interceptors at the worst possible moment.
Intel Raises $15 Billion in Its First Public Share Sale Since 1971
Intel’s $15 billion equity offering — its first public share sale since its 1971 IPO — will fund AI chip production, advanced packaging and foundry expansion, with underwriters able to add $2.25 billion more.
TSMC July Revenue Jumps 44.7% to Record $14.5 Billion as AI Demand Accelerates
TSMC posted July revenue of $14.5 billion, up 44.7% year-on-year, pushing cumulative 2026 revenue 37% higher and prompting the company to raise its full-year growth forecast above 40%.
Washington’s 50% Canada Tariffs Take Effect August 19, Covering 550 Product Lines
Three presidential proclamations signed July 20 impose 50% duties on over 550 Canadian product lines from August 19, with no USMCA exemption and no expiry date.
Iran and Oman Fix Hormuz Coordinates but Tehran Demands More From Washington
Iran and Oman agreed on geographic coordinates for Strait of Hormuz shipping lanes, but Tehran says the deal alone cannot reopen the waterway without further US concessions.
Bangladesh Monsoon Floods Kill 59 and Strand More Than a Million
Record monsoon rains killed at least 59 people across seven districts in Bangladesh, stranding over 1.28 million and hammering Rohingya camps in Cox’s Bazar.