Global News Brief
1) The Telegraph: UK Opposition Leader Kemi Badenoch has pledged to raise defence spending to 3% of GDP by 2030, funding an additional £10 billion for the Armed Forces through cuts to Britain’s welfare budget.
2) CT Mirror: Aleysha Ortiz, 19, is suing Hartford Education officials and her former special education case manager for negligence, alleging that her repeated requests for educational support were ignored and that she graduated with honors from Hartford Public High School in 2024 while functionally illiterate, despite receiving a scholarship to attend the University of Connecticut.
3) CTech: Israeli cybersecurity startup Huskeys raised $27 million in a Blackstone-led funding round, bringing its total financing to $35 million. Founded by Unit 8200 veterans Itai Gafni and Roy Weissfeld, the company is developing an AI-powered layer for web application firewalls designed to identify and secure autonomous AI agents operating online.
4) CNW: Two South Korean workers kidnapped by an armed gang in Haiti on July 31 have been safely released—one on August 18 and the other on Tuesday—and both are reported to be in good health.
5) Financial Times: The Japanese yen rose sharply as traders anticipated possible intervention and faster interest-rate increases, while a successful sale of 30-year government bonds helped calm concerns following a global bond-market sell-off.
6) Wall Street Journal: Gloria Steinem, the influential feminist activist, journalist and co-founder of Ms. magazine who helped shape the women’s movement for more than six decades, has died at age 92.
7) Reuters: A Vietnamese court sentenced 11 people to death in a major drug-trafficking case involving 227 defendants, stemming from a 2023 investigation launched after four flight attendants were caught carrying narcotics concealed in toothpaste tubes.
8) Reuters: The FBI is investigating reports that tens of millions of U.S. and Canadian driver’s licenses and other identity documents were exposed and offered for sale on the dark web. Cybersecurity researchers verified several records—including one investigator’s own license—and said the apparently live, continuously updated database could represent one of North America’s largest breaches of government-issued identification, though its source remains unconfirmed.
9) Yahoo Finance: Goldman Sachs expects global stocks to deliver more modest, mid-to-high-single-digit returns over the next year after recent strong gains. Strategist Peter Oppenheimer remains positive on equities due to healthy corporate earnings but warns that high valuations, Treasury yields approaching 5% and potentially slowing earnings growth will make further double-digit gains harder to achieve.
10) 1440 Daily Digest: Chevron plans to invest more than $7 billion in Venezuela over five years, seeking to more than double its oil production to approximately 600,000 barrels per day—equivalent to over half of the country’s current output.
11) NY Jewish Week: A delegation of New York-area Hasidic leaders, including the two anti-Zionist Satmar grand rabbis, met with President Donald Trump at the White House despite criticism from some Jewish Trump supporters. Hasidic political operative Yossi Gestetner described it as the first opportunity in more than 50 years for a U.S. president to meet the leaders of the largest Hasidic community.
12) Business Insider: Volkswagen plans to eliminate about 50,000 jobs worldwide over the next three years as it struggles with low-cost Chinese competition, high energy prices, complex vehicle portfolios and U.S. auto tariffs.
13) NY Post: Maria Bartiromo has left Fox News after more than 12 years, effective immediately, with the network thanking her for her work and wishing her well.
14) NY Post: After six days and roughly 36 hours of deliberations, the jury in Lindsay Clancy’s murder trial remains divided, with the forewoman reporting that one juror refuses to follow the judge’s instructions on reasonable doubt. Clancy’s attorney demanded the juror’s removal, but Judge William Sullivan declined, reinstructed the panel and ordered deliberations to resume for a seventh day, raising the possibility of a mistrial
15) Gold/Bitcoin/Oil: Gold fell 0.45% to $4,519.40, while Bitcoin surged 3.72% to $80,686.41 and crude oil rose 0.64% to $91.88.
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