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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Scott Bessent’s running battle with the bond market is starting to look like his boss’s war in Iran — started by his own hand with a tangled set of objectives, an underestimated opponent and an implausible path to victory. And like the conflict in the Middle East, we are all going to suffer its effects.The latest skirmish came on Wednesday when, in an unscheduled announcement, Bessent’s US Treasury department announced that it would double the pace at which it buys back its…

Japan is pouring billions of dollars into its burgeoning space industry and easing restrictions on defense exports, efforts designed to build a homegrown aerospace sector filled with domestic startups that have a global reach. Letara, a Sapporo-based startup developing hybrid propulsion systems for spacecraft, is looking to capitalize on that push. After focusing on hybrid thrusters for small satellites, the company now plans to develop large rocket systems for the space, defense, and security markets, company’s co-CEO Shota Hirai told TechCrunch. That expansion is being fueled by ¥2.6 billion (~$16 million) in new funding that comes as the startup tries…

Ravie LakshmananAug 21, 2026Vulnerability / Enterprise Security Cisco has published another round of security updates for Crosswork platforms and Secure Workload Software as part of a continued comprehensive internal security review. Four of the security vulnerabilities affect Crosswork Data Gateway, Crosswork Network Controller, and Crosswork Planning, regardless of the device configuration. A brief description of each of the flaws is below – CVE-2026-20030 (CVSS score: 10.0) – An SQL injection vulnerability CVE-2026-20357 (CVSS score: 10.0) – A missing authentication for critical function vulnerability CVE-2026-20358 (CVSS score: 10.0) – An external control of file system vulnerability CVE-2026-20359 (CVSS score: 9.9) -…

Bitcoin continued its rise on Friday, having its best week since 2023 as over $1 billion in shortsellers’ positions got ruined and exchange-traded funds received billions in new cash.  The leading cryptocurrency on Friday was recently trading 23% higher over a seven-day period after flying past $77,542. It earlier in the day reached as high as $79,319.  Bitcoin’s rise comes after the American investors fast piled into exchange-traded funds, with the vehicles so far this week taking in over $1.6 billion, according to Farside Investors data.  CNBC analysts said that the coin’s rise is its best performance since 2023 and…

A decades-old puzzle in nuclear physics has centered on a strange question: why do some atomic nuclei release more low-energy gamma rays than scientists expect? A new study led by the Facility for Rare Isotope Beams (FRIB), with researchers from Lawrence Livermore National Laboratory (LLNL), may provide the answer. Published in Nature, the findings offer new insight into the structure of atomic nuclei and could have important implications for astrophysics, nuclear energy, national security, and nuclear forensics. Gamma rays are a form of electromagnetic radiation, just like visible light and radio waves. They are released when excited atomic nuclei lose…

In a matter of days, a dirt pit the size of five football fields appeared next to the weathered headstones of Center Cemetery in Castana, Iowa. The excavation site sits on the edge of the Loess Hills, a 200-mile corridor of craggy bluffs and ridges bordering the Mississippi River valley in western Iowa. The hills, formed from erodible silt deposited by melting glaciers at the end of the last Ice Age, are among the most distinctive landscapes of the American heartland. In this treasured landscape, residents whispered that a private developer was building a lagoon to store animal-waste byproducts trucked…

Reading Time: 5 minutes This story is part of The uprising in Sherman Park: 10 years later, a Milwaukee Neighborhood News Service series examining resilience, collective action and ongoing efforts to address the inequities that sparked a pivotal moment in Milwaukee’s history. Ten years after the Sherman Park unrest, the Sherman Phoenix Marketplace in Milwaukee stands as a reminder of how the neighborhood chose to rebuild. The marketplace, opened in a former bank building at 3536 W. Fond du Lac Ave. that was damaged during the unrest, has helped dozens of small businesses grow while becoming a gathering place for…

U.S. President Donald Trump’s approval ratings are falling around the world, but one continent stands apart: Africa. Around 3 in 5 young Africans believe that Trump’s leadership could benefit the continent, the fourth edition of the African Youth Survey has found. Since its inception in 2020, the survey has revealed significant support for U.S. influence—as high as 83 percent in the last year of Trump’s first term, with Ghana, Kenya, Nigeria, and Rwanda leading the way. On the brink of a U.S. presidential election in 2024, 42 percent of young Africans felt that then-President Joe Biden would be more beneficial…

Home Middle East Live Issued on: 22/08/2026 – 11:48Modified: 22/08/2026 – 13:13 Children wade in the water with cargo ships at anchor in the background and a fisherman nearby, in the Strait of Hormuz off Bandar Abbas, Iran, Tuesday, June 30, 2026 © Amirhosein Khorgooi, AP Iran has allowed a ​number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad, ​Iran’s ‌state news agency reported ⁠on Saturday. Meanwhile, the United States and Iran exchanged defiant messages ahead of Monday’s scheduled announcement of new US economic sanctions. Follow our liveblog for the latest updates. …

Florida, of all places, just became the stage where Democrats will act out their national existential drama dividing the insurgent left and pragmatic center.The progressive maverick Angie Nixon’s upset win in the Democratic Senate primary this week jolted Florida politics, reshaping the dynamics of what had appeared to be a predictable race into one fraught with uncertainty — and, perhaps, opportunity.Democrats, who have struggled for relevance over the past few election cycles in the state, were torn by a familiar mix of fear and excitement. Would Ms. Nixon’s unexpected nomination hurt the party’s centrist nominee for governor, David Jolly, a…