Trump says Iran has not paid salaries to a large number of its military personnel.

On Aug. 24 local time, Israeli Prime Minister Netanyahu told Channel 14 that Iran "had attempted to assassinate" his son. He provided no details and did not say whether he was referring to his elder son Yair or his younger son Avner.

BofA Global Research economists say the Bank of Japan may lead by using rate hikes as the primary tool to stabilize the yen. To make FX intervention durable and secure long-term yen stability, Japan will likely need to shift its policy mix; the most probable path is fiscal expansion paired with monetary tightening. BofA expects the BOJ to hike on a quarterly cadence and to end the tightening cycle in July 2027 with a terminal rate of 2%. BofA leaves its end-2026 USD/JPY forecast unchanged at 149.