The World in Brief from The Economist

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Bessent announces “Operation Economic Outcast” against Iran; Trump escalates trade war with Canada, and more
25-08-2026 | 4 Min.
Scott Bessent, America’s treasury secretary, threatened to expand secondary sanctions against Iran’s trading partners, targeting sectors such as digital assets, technology, gold, aviation and shipping.

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America due to unveil sanctions on Iran’s trade partners; Mark Carney vows retaliation, and more
24-08-2026 | 3 Min.
Pakistan’s army chief, Asim Munir, will visit Tehran on Monday as his country continues to try to mediate an end to the war in Iran.

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America’s tariff on Canadian goods; TikTok and ByteDance settle lawsuit, and more
23-08-2026 | 13 Min.
Mark Carney, Canada’s prime minister, said his country would retaliate “dollar for dollar” against America’s new 50% tariffs, with its own levies taking effect on September 8th; Vladimir Putin threatened to hit Ukraine’s “most sensitive economic sectors” after it attacked a warehouse run by Ozon, Russia’s second-largest online marketplace, and reportedly targeted a nearby oil refinery

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Putin threatens Ukraine; America’s tariff on Canadian goods, and more
23-08-2026 | 2 Min.
Iran accused America of violating other countries’ sovereignty with new sanctions due to be announced on Monday

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Treasury yields rise; Iran fumes at American sanctions, and more
22-08-2026 | 3 Min.
America’s Supreme Court allowed the construction of Mr Trump’s $400m White House ballroom project to continue, for now

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Over The World in Brief from The Economist

The World in Brief tells you what’s on the global agenda in the coming day, what to look out for in business, finance and politics and, most importantly, what to make of it.Economist Podcasts+ subscribers and digital subscribers to The Economist should log in at economist.com/audio/podcasts/the-world-in-brief for access to the full World in Brief.Sign up for Economist Podcasts+ here: www.economist.com/podcastsplus-worldinbrief. For more information about Economist Podcasts+, including how to get access, please visit our FAQs page here https://myaccount.economist.com/s/article/What-is-Economist-Podcasts. Hosted on Acast. See acast.com/privacy for more information.

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