📉 Global bond sell-off spikes long-term yields 📈

A global sell-off in government bonds pushed long-term yields to multi-year highs across markets. In the US, the 30-year Treasury yield surpassed 5.3% on this week's turmoil. This surge is driven by worries over persistent inflation and rising government debt levels globally. For instance, US debt reached $40 trillion this week, increasing risk perception. However, the US Treasury announced it will double debt buybacks from $2 billion to at least $4 billion through November.

🎮 Modern Warfare 4 beta drops with new features

The upcoming Call of Duty: Modern Warfare 4 beta will feature a campaign mission and support for the Nintendo Switch 2. This early access phase runs from August 21 to August 25 for pre-order customers across multiple platforms. The open beta follows from August 28 to September 1, introducing more maps and the Switch 2 support. A new PC feature allows shaders to compile in the background to reduce load times. The full game is slated for release on October 23 for PS5, Xbox Series X|S, and Switch 2.

🦇 Did you know about Batman's early days?

Batman debuted in Detective Comics #27 back in May 1939. Cartoonist Bob Kane received sole credit, but his collaborator was Bill Finger in the early days. The character's iconic elements came from Finger's input, despite his lack of credit initially. Warner Bros. and DC finally corrected the credits to include Bill Finger starting from Gotham (Fox). This recognition came after a 2014 documentary and a 2015 family campaign.

⚽ Premier League 2026/27 season preview is here

Arsenal starts the 2026/27 Premier League season defending their title after winning in 2025/26. This campaign features three promoted clubs returning, alongside top teams battling for European spots. Record-equalling nine clubs will compete in European competitions, including five in the UEFA Champions League. The 2025/26 season saw 115 goals scored in the 90th minute or later, showing high intensity. Coventry City, Hull City, and Ipswich Town are among the new arrivals joining the league. ⚽

🔥 Ashton Hall's insane shoot with Conor McGregor

Fitness influencer Ashton Hall collaborated with Conor McGregor for an action-packed shoot for Mac Energy. The video, shared by Hall, featured him jumping from a helicopter and clearing a vehicle before McGregor appeared with a gun. This intense shoot happened just eight days after McGregor underwent knee surgery in early August. The collaboration was striking because McGregor chose to participate despite doctor's advice to rest following his knee injury. Both men confirmed the project was a major moment for their respective brands and careers. 🚁

✈️ IndiGo dominates Indian skies with record market share

IndiGo significantly boosted its market dominance in July, achieving a record 67.4% domestic air traffic share. This gain occurred in India, where IndiGo outperformed Akasa Air, which dropped to 5.5%, and SpiceJet, which fell to 1.6%. Overall domestic passenger traffic contracted by 5% compared to last year, due to rising jet fuel costs. Analysts suggest this share rise might be temporary, dependent on fuel cost normalization and capacity restoration. The sector faces headwinds from high fares and reduced demand from price-sensitive travellers. ✈️

🚫 Delhi Police denies permit for reservation protest

The Delhi Police stated they did not grant permission for any protest regarding reservation reforms at Jantar Mantar. This clarification followed social media videos claiming police approval for the 'Reservation Hatao Andolan' on August 21. Prohibitory orders under BNSS Section 163 are currently active in the New Delhi district, banning large assemblies. The police warned of legal action against those spreading fake news about protest permissions. Citizens were advised not to share unverified content circulating online. 🚨

🌍 US vows toughest sanctions on Iran, asks China for help

Bessent stated that the United States plans to implement its toughest sanctions ever against Iran. This move targets the political and economic landscape concerning Iran. The sanctions are set to be enforced starting soon, with details under development. This action is part of ongoing US policy aimed at influencing regional stability. Bessent urged China to cooperate with the US on these critical measures. 🌍

🏛️ US Treasury Signals No Big Iran War, Focus on Sanctions

US Treasury Secretary Bessent stated that the US is unlikely to restart large-scale combat with Iran. Instead, the strategy involves coordinated economic isolation and imposing the toughest sanctions in history. These actions aim to cut off Iran's ability to act through proxies and collapse the regime. Bessent also mentioned a potential debt buyback exceeding $4 billion for the Treasuries market. A major fiscal announcement is anticipated by the end of this week or early next week.

💣 Trump's 'Economic D-Day' puts pressure on allies

President Donald Trump is planning a massive economic campaign to put pressure on Iran. Treasury Secretary Scott Bessent warned allies and China that they must side with the US or face penalties. This escalation follows months of strikes and a US blockade disrupting Iranian oil exports. The goal is to isolate Iran economically, aiming to collapse its regime without a major military action. Bessent is set to detail these measures in a press conference on Monday, August 24.

💰 US Debt Hits $40T, Still Trusted Globally

The US national debt has surpassed $40 trillion, now exceeding the country's annual GDP. This massive debt level is comparable to about ten times India's entire annual economy. Interest payments alone are nearing $1 trillion annually, putting pressure on the federal budget. Economists project the debt-to-GDP ratio could reach 175% by 2056 under current laws. Washington now faces difficult choices, such as higher taxes or spending cuts, to balance its books.