2026-08-01

Aug 1 — The PLA Southern Theater Command conducted joint sea‑air exercises in the waters and airspace around Huangyan Island (Scarborough Shoal) in the South China Sea. The command described the drills as a necessary response to the current South China Sea situation and actions by certain regional states, aimed at testing and improving troops’ real‑combat capability to safeguard China’s territorial sovereignty and maritime rights.

Aug 1 — The PLA Southern Theater Command conducted joint sea‑air exercises in the waters and airspace around Huangyan Island (Scarborough Shoal) in the South China Sea. The command described the drills as a necessary response to the current South China Sea situation and actions by certain regional states, aimed at testing and improving troops’ real‑combat capability to safeguard China’s territorial sovereignty and maritime rights.

2026-08-01

A Reuters photo shows Treasury Secretary Bessent's notebook containing the note "buy yen $5-10bln." The Financial Times reported the U.S. intervened on Friday in coordination with Japan, marking the first joint direct yen purchase in nearly 30 years. Three people said the New York Fed, acting for the Treasury, executed an unusual operation — selling euros to buy yen — and two said the trades were routed through Goldman Sachs and Morgan Stanley. A Treasury spokesman declined to comment on the not

A Reuters photo shows Treasury Secretary Bessent's notebook containing the note "buy yen $5-10bln." The Financial Times reported the U.S. intervened on Friday in coordination with Japan, marking the first joint direct yen purchase in nearly 30 years. Three people said the New York Fed, acting for the Treasury, executed an unusual operation — selling euros to buy yen — and two said the trades were routed through Goldman Sachs and Morgan Stanley. A Treasury spokesman declined to comment on the notebook or whether intervention took place; Treasury had notified several Wall Street banks it was considering action. The last U.S. operation to support the yen was in 2011, when it sold yen.

2026-08-01

Sky News reported Aug. 1 that FIFA president Gianni Infantino has abandoned plans to sell partial ownership stakes in the World Cup and other FIFA competitions. Infantino said the proposal provoked serious divisions and will not be taken forward. He plans to reconvene stakeholders in the coming weeks and months to seek alternative measures to support global football development, with emphasis on countries most in need.

Sky News reported Aug. 1 that FIFA president Gianni Infantino has abandoned plans to sell partial ownership stakes in the World Cup and other FIFA competitions. Infantino said the proposal provoked serious divisions and will not be taken forward. He plans to reconvene stakeholders in the coming weeks and months to seek alternative measures to support global football development, with emphasis on countries most in need.

2026-08-01

RIA reported Russian air defense forces shot down more than 21,000 Ukrainian military drones over Russian territory in July.

RIA reported Russian air defense forces shot down more than 21,000 Ukrainian military drones over Russian territory in July.

2026-08-01

据俄新社：俄防空部队7月在俄领土上空击落逾2.1万架乌军无人机。

据俄新社：俄防空部队7月在俄领土上空击落逾2.1万架乌军无人机。

2026-08-01

Financial Times reports Fed governor Musalem said they lean toward raising interest rates.

Financial Times reports Fed governor Musalem said they lean toward raising interest rates.