With two weeks until the 50% tariff takes effect, India and US lawmakers are still negotiating. Following a conversation with Republican sentator Lindsey Graham, the US ambassador to India addresses Democratic Senator Richard Blumenthal.Both had supported a bill that would have increased India’s tariffs for purchasing Russian oil.
Ahead of Trump’s visit with Russian President Vladimir Putin, European leaders meet with Trump. Together with leaders from Germany, France, and Britain, Zalinski of Ukraine makes a last-ditch diplomatic effort to prevent giving Russia territory.
The United States pledges to further bilateral cooperation and commends Pakistan for its efforts to defeat terrorism. The united statement was released over four months after the 26-person terror assault in Pelgam.
Eleven candidates are being considered by US President Trump to succeed Jerome Powell as Fed chair when his tenure ends in May of next year. These include, among others, executives of Jeffre, Black Rock, and at least six current or former Fed officials.
For global markets, it is green across the screen. Following Wall Street’s advances, Asian markets concluded the day higher. Japan’s Nikai reached new heights. Shanghai, China; Cosby, Korea; and Hangen, Hong Kong, all recorded increases.
As anticipation for lower US Federal Reserve rates continue to push the major indexes to all-time highs, the Nifty and Sensex closed the day at their highest points, with the Nifty regaining 24,600, the S&P 500, and the Nasdaq setting new record highs.
Top Stories
1.Hough, Derek appointed as Extra’s new host
The 32nd season of Extra, an entertainment news program, will begin airing on September 8 and be hosted by Derek Hough. He will join Mona Kosar Abdi and Terri Seymour as correspondents. Hough will return as a judge on Dancing with the Stars Season 34 in addition to this exciting gig. This milestone for him personally comes soon after he and his wife, Hayley, announced their happy pregnancy after she recovered from a significant health scare in 2023.
2.Two elementary schools will be closed by the Broken Bay Catholic Diocese.
As part of a larger reorganization effort, St. Philip Neri in Northbridge and St. Cecilia’s Catholic Primary School in Balgowlah will close by the end of 2025. The proposal calls for the creation of new special school sites close to Tuggerah and Lake Munmorah, the expansion of MacKillop Catholic College into a full K–12 institution, and campus mergers. Parents expressed harsh criticism, especially over openness and the usage of almost $30,000 in community-raised cash, when the revelation was made at a meeting that was not well attended. More than 250 people have signed an online petition against the closures.
3.A Gorse Wildfire Breaks Out in the Mountains of Dublin
Emergency response teams, including three fire engines, were called in when a wildfire broke out in Ticknick Park in the Dublin Mountains Wednesday night. Authorities advised locals to keep their doors and windows closed as the fire spread thick smoke throughout the neighborhood. The Wildlife Act prohibits campfires and barbecues outside of approved sites until August 31. Authorities are reminding the public of this.
4.Results of the Shillong Teer Lottery Are Out
The Shillong Teer archery lottery results, which were held in Shillong, Juwai, and Khanapara, are now available. The previous rounds were held at 10:30 AM and 11:30 AM, and the two rounds ended at 4:15 PM and 5:10 PM. Predictions for Shillong particularly include numbers like 78, 90, 94, 30, 41, 57, 05, and 15, while popular number combos include 76, 67, 72, and 27. The Meghalaya Teer website, local newspapers, apps, SMS alerts, and betting counters are all ways to verify the results.
Michigan Responds to the Cut in Solar Funding by the EPA
The EPA’s sudden cancellation of the $7 billion “Solar for All” grant program was met with strong criticism by Michigan’s Department of Environment, Great Lakes, and Energy (EGLE). The initiative, which has already distributed $13.9 million to 13 pilot projects and more than $156 million to the state, sought to create nearly 700 jobs and lower energy costs by about $400 per home annually. In response, EGLE and the state’s attorney general are thinking about taking legal action.