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Mornly

Sunday, August 16, 2026

Top news

  • UAE blames Iran for firing drones at two state-owned oil tankers transiting the Strait of Hormuz, calling the attacks acts of piracy.
  • Kuwait defense ministry reports military detected and intercepted Iranian drones entering the country's airspace.
  • Amazon deforestation fell to 2,874 square kilometres from August 2025 to July 2026, a 37% annual decline and the lowest level since satellite monitoring began in 2016.

World

  • A magnitude 7.7 earthquake struck off the coast of Indonesia early Saturday, killing at least 38 people and collapsing buildings.
  • At least eight people died in Japan as heavy rains flooded roads and disrupted traffic, while firefighters from Britain to France and Croatia struggled to contain blazes in Europe's fifth heatwave this summer.
  • The USS George Washington aircraft carrier has begun heading toward the Middle East as reports have emerged of mental health and supply issues aboard the long-deployed USS Abraham Lincoln.

Business

  • Jeff Bezos and others bought a minority stake in Liverpool FC on Saturday.
  • Google released a cheaper AI model while OpenAI and Anthropic cut prices as Chinese competitors including DeepSeek gain customers.
  • Bob Iger and Joshua Kushner purchased the Los Angeles Lakers at a $12.5 billion valuation on Wednesday.

Technology

  • Google dropped a sharper, cheaper AI model overnight and Apple quietly trained its own model for China with Alibaba's help.
  • Uber and Pony.ai are preparing to put more than 2,000 robotaxis on European roads.
  • A data center company is weighing a $100 billion IPO and AI startups are racing toward $40 billion valuations.

Science

  • Rising carbon dioxide in the atmosphere may be leaving a measurable imprint inside the human body, with researchers analyzing two decades of U.S. health data finding changes in blood bicarbonate levels.
  • AI helped scientists measure the brain's hidden cleaning system, revealing fluid moves rapidly around outer brain spaces but about 50 times more slowly through deep tissue.
  • JWST uncovered clues suggesting Neptune's strange inner moons may be the wreckage of an ancient cosmic catastrophe.

Economy

  • Nonfarm payroll employment declined 23,000 in July with unemployment at 4.1 percent, signaling labor market slowdown amid broader economic pressures.
  • Consumer prices increased 3.4 percent over the year ended July 2026, down slightly from June but energy prices surged 14.7 percent year over year.
  • The Federal Reserve maintained its target federal funds rate at 3-1/2 to 3-3/4 percent as of June, keeping policy steady as policymakers assess conflicting signals between weakening employment and sticky inflation.

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