Trump said on Iran he believes economic warfare and military strikes are both effective.

Swiss National Bank vice chairman said ample capital is not a competitive disadvantage for banks.

PLA Southern Theater spokesman Zhai Shichen, Navy senior colonel, said Aug 21–25 the theater deployed sea and air forces for routine patrols in the South China Sea. He accused the Philippines of enlisting extra‑regional states to disrupt the area by organizing so‑called "joint patrols", and said theater forces will resolutely defend China’s territorial sovereignty and maritime rights and interests and uphold regional peace and stability.