warns

US Treasury Secretary Scott Bessent announces new sanctions on Tehran to sever financial support for the regime, urging US allies to support the measures.

Iran security chief Rezaei says any state joining US would be considered an enemy and Tehran would target their interests in retaliation.

The warning comes as US President Donald Trump threatens to isolate Iran economically, to weaken its government.

Iran has threatened to treat nearby countries as enemies and target their interests if they join a United States campaign to cripple its economy.

Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, issued the warning in a Saturday interview with state broadcaster IRIB.

“We’re telling all nearby countries not to join the US economic war. Otherwise, we will consider them as enemies,” Rezaei told IRIB.

His remarks come on the heels of escalating economic threats from the administration of US President Donald Trump.

On Wednesday, Trump announced his government would undertake the “most crushing economic operation” yet against Iran, as part of ongoing hostilities between the two countries.

The US and Israel have been locked in a war with Iran since February 28, when the two allies launched an initial volley of attacks against Tehran.

In addition to threatening Iran’s economy this week, Trump pledged “tremendous economic consequences” for any country that gives Iran “any type of lifeline”.

His Treasury secretary, Scott Bessent, echoed his threats the following day, saying, “You’re either with us or against us.”

In Saturday’s interview, Rezaei described Iran’s regional strategy as a three-stage sequence, which would start with efforts to de-escalate tensions with neighbouring countries.

“First we negotiate. Then, we try to separate them from America with pleasant language, because we are not really looking to expand the war,” he said.

Any countries that continue to side with the US would then be given time to reconsider, he said. “But in the third stage, we will definitely act.”

While the US has not stopped its military operations against Iran, Rezaei suggested that the Trump administration was betting that economic pressure would fracture Iranian society, forcing the war to come to an end.

“They hope that, if possible, they can break our unity with economic pressure and a group of protesters will take to the streets, and in a way, they will come to the aid of American F-35s,” he said, referring to a kind of military aircraft.

Negotiations to end the conflict have stalled in recent months, following the failure of a June 17 memorandum of understanding (MoU) that called for an “immediate and permanent termination of military operations”.

Control over the Strait of Hormuz, a major shipping lane off the coast of Iran, has become an enduring sticking point between the US and Iran.

Iran quickly moved to shut down traffic through the strait early in the war, sending the price of goods like oil and fertiliser skyrocketing.

Countries in the Middle East that were previously reliant on the strait for exports have started to pursue substitute trade routes.

But Rezaei warned that Iran would target those alternative oil-shipping routes out of the Gulf if regional states took part in the US’s plans of economic warfare.

Iran’s Ministry of Foreign Affairs on Saturday also decried the incoming US measures as an assertion of “extraterritorial sovereignty” over United Nations member states.

Tehran has also reportedly considered widening its target list beyond the Middle East, with media outlets reporting it could strike US allies in Europe who have supported Trump’s operations.

NEW YORK — Nearing the six-month mark of the Iran war and facing diminishing stockpiles of key weapons, the Trump administration is touting a crushing financial campaign against Tehran, promising an “economic D-Day” against a country that has withstood nearly five decades of punishing American sanctions.

With sparse details, President Trump announced this week that the U.S. would be imposing an “unprecedented” level of economic warfare and isolation on Iran, aiming to force its leadership to cave to demands to end its nuclear program and fully reopen the crucial Strait of Hormuz to oil and natural gas tankers.

It reflects the dire reality Trump faces with an increasingly unpopular war he can’t seem to end just months before pivotal midterm elections that will decide whether his Republican Party keeps control of Congress. Whether out of desperation or strategy, the president is refocusing America’s might on bringing Iran to its knees through an accelerated sanctions campaign against one of the most economically penalized countries in the world.

In response to the threat, Iranian Foreign Minister Abbas Araghchi posted Friday on X the history of U.S. sanctions against Iran, saying, “We have seen this movie before. Same bull. Different bullies.”

The immediate reaction from Iran hawks has been praise and a call for patience as it plays out, while other analysts warn that Trump is refusing to learn the lessons of his predecessors.

In an interview Thursday on CNBC, Treasury Secretary Scott Bessent offered a small glimpse of what may be ahead, threatening secondary sanctions on nations and companies that conduct business with Iran.

He did not reveal who would be targeted as part of this next phase of the administration’s Operation Economic Fury, which earlier had focused on entities and people who buy oil from or bank with Iran. China and India, however, are major buyers of Iranian oil.

“If you insist on doing business with them, then the U.S. Treasury and U.S. government will put its full might and force against you,” Bessent said. “It’s time for our allies and the rest of the world to make a decision.”

Some experts see ‘uncharted waters’ that could force Iran’s hand

Despite decades of U.S. sanctions against Iran, the Trump administration is arguing that it’s only a matter of time and that striking the right economic target would get Tehran to its breaking point.

Richard Goldberg, who coordinated efforts to put diplomatic pressure on Iran in Trump’s first term, said the consequences of U.S. strikes on Iran’s nuclear sites last year, the war this year and the American naval blockade on Iranian ports have created the perfect storm for capitulation — one that didn’t previously exist.

“I think we’re watching a strategy, whether it takes a short time or a long time, that is very much about fundamentally changing the future of the world by seeing the end of this regime,” said Goldberg, who is now at the hawkish Washington think tank Foundation for Defense of Democracies, or FDD.

“I caution everyone — including myself, who has worked on sanctions, who’s worked on financial warfare — to have the humility to admit that we are in uncharted waters,” he said.

He said the decision this week by the United Arab Emirates — once one of Tehran’s most important trading partners — to suspend trade with Iran over an alleged missile attack will only further isolate the government.

Beyond trade in domestically produced goods, the Emiratis had helped the country absorb some of the shocks caused by sanctions through its re-export hub.

Targeting allies and partners comes at a price

With nearly all of Iran’s energy, financial and transportation sectors already covered by U.S. sanctions, Trump’s aim appears to be to apply secondary sanctions on countries, including allies and partners, that have not cut all ties with Iran to starve the country of any remaining income it may still be receiving.

In many ways, it is a redux of Trump’s first-term maximum-pressure campaign, which he has ramped up during his second term to include military action.

But as Trump and his allies discovered during his first administration, it can be difficult to enforce secondary sanctions without harming U.S. interests and provoking reciprocal measures. There were numerous instances of the administration granting sanctions waivers to countries, particularly those that rely on Iranian oil for their energy needs.

“Trump’s strategy now rests on targeting Tehran directly by impeding its touch points and access to the formal financial system and international economy,” said Behnam Ben Taleblu, senior director of the FDD’s Iran program. “This will require making the Iran issue more important in U.S. bilateral relations with countries in Europe and Asia.”

Iran doesn’t see an ‘open door’ at the end of the sanctions campaign

Iranian officials and analysts have accused the Republican president of flip-flopping with his latest pivot to economic pressure against Tehran. Trump has long derided past leaders who used sanctions to limit Iran’s ability to pay for its military and nuclear development.

In a post last week on X, Esmail Baghaei, a spokesman for Iran’s Foreign Ministry, wrote that Washington’s pattern of retreating to sanctions when it doesn’t want to pursue diplomacy has proven to be futile.

“Iran has demonstrated over decades that it will not be strangled by these exhausted refrains,” he said. “The real risk is that American politicians, clinging to this bad habit, will instead strangle their own remaining chances of a less humiliating exit from a crisis of their own making.”

Ali Vaez, Iran director at the International Crisis Group, said the Trump administration’s decision to take its own maximum-pressure policy to new heights with military action seems to ignore years of U.S. foreign-policy lessons that show Iran does not respond well to pressure.

If anything, he says, the latest economic campaign has only “hardened Iran’s position.”

“I think (Trump’s) blind spot is the fact that the only thing that the Iranian regime views as more dangerous than suffering from U.S. sanctions is surrendering to U.S. terms,” Vaez said.

Plus, the past year of start-stop diplomacy has only worsened the already fragile dynamic between the longtime adversaries, Vaez says, adding that Iranian officials’ lack of trust in Trump and his mediators has created an untenable foundation.

“They believe that even if they capitulate to U.S. terms under economic duress, Trump would move the goalposts and ask for more,” he said. “And this is really the fundamental problem: Pressure without an open door is an exercise in futility.”

Amiri writes for the Associated Press. AP writers Matthew Lee and Fatima Hussein in Washington contributed to this report.

Russian ballistic missile attacks have begun to cause record civilian deaths in Ukrainian cities without any Patriot interceptors to stop them, but Ukraine’s long-range strikes have destroyed Russian fuel supplies.

With the Russian economy struggling, a top expert warned that social unrest could unfold in a matter of time – and consequently lost his job.

On Tuesday, Russian missiles killed at least 10 people in Pechenihy, a town 40km (25 miles) east of Ukraine’s northern city of Kharkiv. On Thursday, they killed 15 people in Kyiv, three in the western city of Zhytomyr and injured 40 at a border crossing between Odesa and Moldova.

Russia said it was targeting weapons manufacturing sites in Kyiv, but Ukrainian President Volodymyr Zelenskyy said Russian forces struck 30 residential buildings, a school and a children’s hospital.

The United Nations said Russia killed a record 437 people in July and injured 2,610, surpassing its previous record in June by 30 percent.

Civilian casualties have continued in August, because Ukraine has run out of Patriot interceptors and has been unable to stop incoming ballistic missile attacks since the beginning of the month.

As Zelenskyy pointed out, Ukraine’s interception rate of cruise missiles and drones is still in the 90-percent range. But Russia is doubling down on the use of ballistic missiles and has brought in an additional 50 North Korean weapons, according to Ukrainian military intelligence.

Ukraine strikes back

Since June 25, Ukraine has launched a campaign of mid-range strikes to disrupt Russian logistics and has harassed fuel and ammunition supplies so effectively that it has made 233sq km (90 square miles) of territorial gains this year.

By August 16, Ukraine’s Unmanned Systems Forces announced it had put 228 supply ships out of action in the Black Sea and Sea of Azov, as well as destroying 243 power stations, electricity substations and gas distribution nodes in Crimea.

They have also been striking relay antennas used to guide Russian drones and radar stations that detect Ukrainian counterstrikes. On August 20, Ukraine struck drone launch sites in Donetsk City and Primorsko-Akhtarsk on the Sea of Azov, as well as a fuel terminal in the Kerch Strait used to supply Crimea.

Ukraine’s long-range strikes have served a different purpose – to undermine the Russian economy’s ability to fund its war.

On August 15, Ukraine managed to fly two of its Flamingo cruise missiles into the Progress Rocket and Space Centre, 800km (500 miles) east of Moscow, despite Russia’s use of four A-50 early warning aircraft and its reported downing of 822 Ukrainian drones that day.

Ukraine said it hit an engine assembly workshop for Soyuz rockets, causing a fire covering half a hectare.

Russia is using Soyuz to launch satellites for its Rassvet constellation to replace dependence on the US Starlink system, after Ukraine managed to cut Russian access to Starlink on February 1 . Russia needs satellites to increase the speed and precision of its counter-battery fire on Ukrainian positions. Its loss of that capacity has been partly responsible for Ukrainian gains this year.

“One Soyuz-2.1b launch vehicle can put 20 satellites into orbit,” said Ukrainian electronics expert Serhiy Beskrestnov. “To create a basic satellite constellation in orbit, Russia needs to carry out 12-15 launches.”

The following day, Ukraine set ablaze a 25-hectare warehouse belonging to the Wildberries online retail chain, Russia’s equivalent of Amazon, and said it had destroyed seven out of Wildberries’ ten largest logistical hubs.

Kremlin spokesman Dmitry Peskov said on July 28 that the Kremlin was monitoring the damage to Wildberries.

Russian President Vladimir Putin implied on Thursday that he might provide government funds for Wildberries to rebuild, saying “logistics and warehousing capacity certainly needs to be restored, including with government support”.

Ukraine has also succeeded in destroying Russian oil refineries and starving its economy of petrol

It has recently struck the Ust-Luga refinery, the Taneco refinery in Tatarstan and the Perm refinery, 1,500km (930 miles) from its borders.

Similar strikes this year have so reduced petrol supply in Russia. The Izvestia newspaper reported that only 28 percent of petrol stations across the country could supply fuel this week, citing mobile app GdeBENZ, which monitors real-time fuel availability.

Izvestia said only five petrol stations in Moscow were selling high-octane AI-98 fuel. Russians posted video of Rosgvardia police units sitting outside petrol stations to avert some of the fights involving motorists in recent months.

Deputy Prime Minister, Alexander Novak, said lower-grade fuel was being supplied to ease market tensions, and confirmed that Russia is now importing refined fuel for the domestic market.

“We expect a number of oil refineries to complete maintenance work soon and the situation to improve significantly,” Novak told Vesti journalist Pavel Zarubin, but that may be wishful thinking. Ukraine has struck Russia’s largest refineries not once but repeatedly. On Wednesday [August 19 ], it struck a refining unit at Ufa, which was undergoing repairs from a previous strike. It is 1,300km (810 miles) from Ukraine.

Ukraine also struck significant military targets during the week, including the Kamenyy Kombinat plant in Rostov, which makes solid rocket fuel for missiles, and the Savasleika airfield, from where MiG fighters armed with Kh-47M2 ballistic missiles take -off.

Russian economy in trouble

Some Russian economists have begun to warn of impending social and political upheaval as a result of the slowing economy.

Andrey Klepach, chief economist at Vnesheconombank, a state bank that finances the Kremlin’s national projects, warned on August 18 that, “Losses from Ukrainian military strikes … are already becoming a significant macroeconomic barrier to Russian economic growth.

“I believe Russia won’t collapse, but I’m almost certain we’ll reach a social crisis.”

He was removed from his post after making the comments during a discussion at the Moscow Exchange’s Nikitsky Club.

Russians are withdrawing savings in increasing amounts, reported The Washington Post. While businesses are increasing “voluntary” donations to the state defence budget, in addition to having to pay for their own air defences, putting further strain on the economy.

At a meeting of the Council for Strategic Development and National Projects this week, Putin acknowledged that Ukraine’s strikes are “certainly” causing damage, adding that “overall economic performance is modest but positive”.

That damage took financial form in the $1.18bn Putin newly released to aid regional budgets, in addition to previous financial assistance. Some $52m of that was destined for Crimea.

Ukraine’s defence ministry estimated that every dollar spent on drone strikes caused five times that amount in costs to the Russian economy.

Paramount Skydance’s proposed $111-billion takeover of Warner Bros. Discovery could result in 4,500 jobs eliminated in Los Angeles over a three-year period, according to a new report.

Los Angeles County supervisors earlier this year wanted to explore the potential economic impact of David Ellison’s proposed union of two historic Hollywood studios. The report, completed this week by CVL Economics, paints a sobering picture of the potential aftermath of the debt-laden deal, including the prospect of an estimated $1.26 billion in lost wages.

“Los Angeles County’s film and television economy is already undergoing a significant structural contraction,” the report said. “The proposed merger of Warner Bros. Discovery and Paramount Skydance introduces an additional source of risk into that already changing market.”

California Atty. General Rob Bonta is leading a coalition of 12 states attempting to block the merger on antitrust grounds. A trial has been set for March. Paramount and other groups, including cinema chain owners and some Hollywood unions, have agitated for a settlement to curtail months of uncertainty over whether the deal will go through.

The proposed merger has been controversial in Hollywood due to fears of widespread layoffs. The Writers Guild of America has brought its own lawsuit to thwart the deal.

The goal of the county’s report was to provide “a comprehensive assessment of the merger’s production workforce implications,” amid the ongoing decline of L.A. based film and television production work. Los Angeles has witnessed the elimination of more than 50,000 entertainment jobs since 2022.

The 120-page report, from the county’s Department of Economic Opportunity and Film Office and requested by Supervisor Lindsey Horvath, found that more than 15,000 corporate roles would be at risk, including an estimated 2,495 jobs based in Los Angeles County.

The two companies would have an overlapping workforce within its linear cable channel divisions, film and television studios, streaming operations and corporate functions, including marketing, technology and advertising sales.

“Effects on crews, crafts, post-production personnel, vendors, and production-serving small businesses,” could also be substantial, the report said.

Paramount, in a statement, said the report highlighted the industry’s troubles and made a case for the merger.

“LA County’s own economic report underscores what we have been saying all along: our industry is in decline, production is down and jobs are being lost — and lost for good if we don’t act,” Paramount said. “Our plan to invest $30 billion annually in production and release at least 30 films a year.”

That commitment, Paramount said, would lead to “more jobs over time, and ultimately, a stronger, more durable entertainment industry for generations to come.”

Paramount has received clearances from the U.S. Justice Department and 65 other regulators around the globe to complete the merger.

For now, Bonta’s lawsuit is standing in the way.

Paramount has promised investors the deal would lead to at least $6 billion in cost savings through the consolidation of operations. The company has said the merger would ultimately be good for consumers and workers because a combined Paramount-Warner Bros. would have greater resources to compete with tech giants that are investing heavily in entertainment.

But the report pointed to the high level of debt that Paramount would have to take on — nearly $82 billion — to buy the stock of Warner Bros. Discovery shareholders to finalize the takeover.

“If revenues underperform or planned savings prove more difficult to achieve, pressure to identify additional cost reductions could increase,” the report said.

The two companies already are carrying substantial interest costs due to their existing debt structures. “In the quarter ended June 30, 2026, the two companies reported a combined $712 million in operating income and $737 million in net interest expense,” the report said, meaning that the companies were producing less profit than what was needed to support their debt obligations.

Despite Paramount predicting cost savings and reduction in debt over time, “those savings will take several years to fully realize,” the report said.

David Ellison was hoping to wrap up his $111-billion merger with Warner Bros. by September.

(PATRICK T. FALLON/AFP via Getty Images)

Television production in Los Angeles could be especially vulnerable, in large part, because Paramount and Warner Bros. already have moved most of their feature film projects outside of L.A. High levels of TV production continues at Warner Bros. complex in Burbank and Paramount’s and CBS’ soundstages in Hollywood and Santa Clarita.

“The economic impact extends well beyond employment,” with an expected elimination of $547 million in tax revenue, including $78.6 million in local taxes, the report said.

It noted that Warner Bros. and Paramount films were “particularly employment-intensive.”

“Their theatrical releases carry 2.74 times as many screen credits as the average theatrical release, while their streaming films carry twice as many,” the report found.

The document also highlighted a pre-existing pull-back in production at the two studios in recent years — something that Ellison plans to correct.

Paramount was struggling to remain solvent prior to the Ellison family’s purchase of the media company last year. Warner Bros. had scaled back offerings following Discovery’s $43-billion takeover of WarnerMedia in 2022 as it struggled to contain the debt from that deal.

“Between 2019 and 2025, Warner Bros. Discovery and Paramount accounted for a net reduction of approximately 195 major U.S. releases,” the report said. At the same time, other major distributors combined “added about 67 projects.”

Ellison is looking to finalize his massive Hollywood deal — folding CNN, HBO, TBS, Food Network and the Warner Bros. film and television studios under Paramount — as quickly as possible. He must hold together Paramount’s coalition of financiers and manage rising expenses, primarily legal fees and escalating obligations to Warner shareholders.

The state attorneys general, including from Colorado, Oregon, Nevada, Washington and New York have argued that the blockbuster merger — the largest in Hollywood in decades — would violate the century-old Clayton Antitrust Act.

Paramount hoped the trial over Bonta’s lawsuit would begin in November but U.S. District Judge Araceli Martínez-Olguín set the trial for March 2.

If the deal goes forward, just four studios — a post-merger Paramount-Warner, Disney, NBCUniversal and Sony Pictures — would control 86% of movies that are widely released (in more than 3,000 movie theaters), according to the attorneys general lawsuit. Paramount has argued that projects from Amazon MGM, Netflix and Apple should be included because they compete with the traditional companies for talent and audiences.

Paramount-Warner Bros. would also own more than 50 cable channels, including HGTV, Animal Planet, BET, MTV and Comedy Central.

OFFICIALS in Italy are cracking down on anyone attempting to bag themselves the best beach spot by leaving items on the sand all week.

From sunloungers to parasols, those caught trying to reserve a space in the morning or late at night could receive a fine over £400.

On a coastal suburb in Naples called Torre del Greco, officials like coastguard staff and police have been removing ‘reserved’ spots.

Tourists have been leaving items on the beach overnight in order to keep their place.

During a morning sweep of one of the beaches called Laghetto, authorities seized up to 40 items, as reported by The Guardian.

Others have complained that items like sun umbrellas and small tables have been left unattended for days by tourists reserving the space to use later on.

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The port authority said: “It is a practice that recurs each summer, but it is expressly prohibited.

It added that “occupying the beach in this manner violates the regulations governing the management of maritime public domain areas.”

Anyone caught leaving belongings on the beach after sunset to keep their spot will be fined up to €500 (£425).

Beaches in Torre del Greco include Spiaggia libera Il Laghetto and Moon Beach.

This isn’t the only spot to crack down on sunlounger hogging.

These rules are being enforced by the Calpe Town Council, which affects the Costa Blanca.

Local authorities in the Spanish resort have the right to remove sunbeds, towels and parasols put on beaches before 9.30am.

Anyone whose belongings taken away will have to pay to get them back and could face a fine of up to €250 (£216).

Across Europe, other crackdowns include smoking on beaches and wearing swimwear in public spaces that aren’t the beach.

Aug. 18 (UPI) — Russia is warning Britain that there will be “consequences” following reports that Ukraine has struck within Russian territory with drones provided by London and made by British companies.

In a statement Tuesday, the Embassy of Russia to the United Kingdom accused London of escalating Russia’s war against Ukraine by providing the weaponry, while chastising it for “hypocritically professing a desire for peace.”

“London’s actions will inevitably carry consequences for which it will have to answer,” the embassy said.

“The deeper its involvement in the conflict and the greater its support of Kiev’s terrorist machinery, the higher the price it will pay.”

Britain has been an ardent supporter of Ukraine’s defense against Russia, which invaded its eastern neighbor in February 2022, launching the four-year war.

According to a July factsheet from the British government, London has committed more than $33 billion to Ukraine, including more than $21.6 billion in military assistance.

Britain has for years been focused on supplying Ukraine with drones, which have proved effective in Kyiv’s defense against the Kremlin. In April, its Ministry of Defense announced it would deliver at least 120,000 drones to Ukraine by the end of this year, a number it increased to 150,000 in June.

The threat from the embassy follows reports stating drones built by British companies were being used by Ukraine to hit targets within the borders of Russia, resulting in more than $47.3 billion in damages.

In response to the embassy, Britain’s Ministry of Defense told BBC News in a statement that London stands “shoulder to shoulder” with Kyiv.

“Russia should be in no doubt about the resolve of this government to stand against Russian aggression, in Ukraine and against the UK and our allies,” the ministry spokesperson said.

Sebastian Coe has a simple approach to avoiding political interference in global sport.

“The balance is keeping the politicians on the bus but not letting them anywhere near the steering wheel,” Coe said late Friday at the European championships.

The World Athletics president was responding to a question while speaking to journalists about avoiding political turmoil at the 2028 Los Angeles Olympics. Other topics included track and field’s ban on Russian athletes, private equity in sports and FIFA’s credibility crisis following a controversial overturned red card at the World Cup.

FIFA was criticised after United States President Donald Trump made a phone call to FIFA President Gianni Infantino urging that US forward Folarin Balogun’s red-card suspension be overturned. World football’s governing body lifted the suspension. Trump will be nearing the end of his second term when the LA Games take place.

The 69-year-old Coe, a two-time Olympic gold medallist, led the 2012 London Olympics’ bidding and organising committees.

“I ran the London Games. I know it’s really important that you have really good working relationships with government, prime ministers,” said Coe, a former elected member of the British parliament.

“The delivery of the Games is in large part predicated on those relationships – with Treasury, Defence, Homeland Security, in our terms the Home Office.”

But with phone calls to influence a sporting matter, it’s “entirely down to the resilience of a sporting organisation to say, ‘I hear what you say, but thank you and goodnight,’” Coe said, noting the need to keep politicians out of the driver’s seat.

“I think I probably achieved that quite well in London. But not having those relationships is dangerous. Of course, there’s a balance.”

Could failed World Cup private equity look to track and field?

Infantino’s failed plan to sell World Cup profits to private equity investors has landed the FIFA president in a battle to retain his post.

Coe said the idea was “not as unfamiliar territory as people tend to think”.

“For the last decade, private equity or sovereign wealth funds have been investing in sports,” he said.

The ambitions of each member federation, he added, are tied to its ability to raise revenues.

“Private equity is a big play in many sports. There are individual athletics federations at this very moment I know are discussing partnerships with external sources of revenue including private equity,” Coe said. “That’s the way it should be, and that’s what I’ve encouraged our federations to look at.”

Infantino has acknowledged his FIFA proposal lacked transparency, but on Saturday received the backing of the executive director of the White House Task Force for the recently completed World Cup, Andrew Giuliani, who told critics of Infantino, ‘It’s just politics.’

“What you want to absolutely make sure,” Coe said of private investors, “is when that does take place that your sport has the kinds of governances and checks and balance and the type of consultation that allows people to understand the rationale, the ambition and what the execution looks like. That is critical.”

Coe noted that World Athletics has broadcast and sponsorship deals expiring in 2029, so seeking external sources of revenue is “an absolutely critical conversation to have. That debate has been taking place for two or three years, particularly at executive board level.”

Coe to defend World Athletics’ ban on Russian athletes

Coe plans to be on hand at the Court of Arbitration for Sport to defend World Athletics’ ban on Russian athletes.

In July, the International Olympic Committee lifted a suspension of the Russian Olympic Committee and advised Olympic sport bodies they no longer need to vet Russian athletes for permission to compete as neutrals.

But World Athletics said it will maintain the ban it imposed shortly after Russian forces invaded Ukraine more than four years ago.

Russian Athletics has asked Switzerland-based CAS to overturn the sanctions.

“I will be in the Court of Arbitration (for Sport) defending our position,” said Coe, who lost a bid last year to become IOC president.

“We will continue to do what we think is in the best interest of our sport,” he added. “The primacy of an international federation to determine what eligibility looks like in the sport is the base of the pyramid.

“When we have been to the court before on previous occasions, that concept has been upheld. This is not about politics or passports. This is about the integrity of competition. That is the position we will be defending.”

A REGIONAL UK airport has issued a warning for all travellers heading to the airport from this weekend.

The Metro at Newcastle Airport will close between August 15-23 for repair works.

No trains will run between the airport and South Gosforth across the week while repairs are carried out on the tracks, stations and cabling.

Trains will be cancelled from 5am on August 15 to 11:59pm on August 23.

During the nine-day disruption, there will be replacement bus services.

Travellers are being advised to plan ahead and allow extra time for travelling.

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Trains will be running elsewhere on the line.

Travel North East states on its website: “Your journey will take longer, so please plan ahead and leave extra time for travelling.”

Newcastle Airport recently completed a major upgrade that including refurbishing the departures area by adding 450 new seats.

This was part of a larger project that will grow the airport from eight million passengers by 2035 and nine million by 2040.

The project will include a three-storey airport extension with more restaurants.

There will also be two additional luggage carousels and 20 new plane stands by 2040.

Aug. 12 (UPI) — The International Energy Agency warned Wednesday of a sharp drop in global stocks oil amid renewed disruption to exports via the Hormuz Strait and Caspian Sea resulting in “lower volumes of oil” transiting the seas to markets around the world.

In its August Oil Market Report, the agency said measurable global oil inventories — strategic reserves, on tankers at sea — plunged by 69 million barrels in July to just under 7.9 million barrels, down from 410 million barrels per day at the start of the war at the end of February.

Onshore stocks declined by just 6 million barrels per day as the pace of IEA releases of its emergency stocks eased, even as China continued to draw down on its crude oil reserves.

“Although the market is projected to return to surplus towards the end of this year, risks remain substantial and the urgency of reopening the Strait has increased, as previously available inventory buffers are rapidly depleting,” the IEA said.

The IEA data comes two days after the U.S. Department of Energy said the country’s Strategic Petroleum Reserve had fallen to less than 300 million barrels in the previous week, its lowest level in 43 years — but still well above the 70 million barrel minimum for it to run as intended.

President Donald Trump ordered 172 million barrels to be released in March after exports from Gulf producers including Saudi Arabia Kuwait, Bahrain, and the UAE were severely curtailed by Iran closing the Strait of Hormuz.

Use of other routes to move oil and the drawing down of inventories, including China’s massive 1.4 billion barrel reserve which has seen a sharp drop in its oil imports, have so far helped ward off the damaging global oil shortage it was feared the closure of the Hormuz Strait would trigger.

The IEA also warned that the destruction of global demand for oil was escalating, driven by the continuing closure of the Strait of Hormuz and high fuel prices suppressing consumption, forecasting a 1.6 million barrels per day drop in demand in 2026, up from its previous estimate of 1 million barrels per day.

However, it said said the pace of market contraction would slow, down from a 4.9 million barrels per day decline in the second quarter to 2.8 million barrels per day drop in the third quarter, and return to growth in the final quarter, with expansion of global demand of 2.4 million barrels per day expected in 2027.

On the supply side, the IEA said overall production for 2026 would fall more sharply than demand, but would bounce back to outpace demand in 2027.

Production rose by 2.4 million barrels per day to 101.5 barrels per day in July, but remained well short of the 6.3 million barrels per day supply growth pace seen in July 2025, with 8.3 million barrels per day of Persian Gulf output “still shut in.”

“Renewed hostilities and maritime disruptions in July and early August undermined the recovery efforts, reducing projected third quarter 2026 oil supply by 1.7 million barrels per day compared with last month’s report.

“Global oil supply is now projected to decline by 4.3 million barrels per day on average in 2026 and rebound by 8.3 million barrels per day next year to 110.3 million barrels per day,” the IEA said.

If European states seize vessels with Russian cargo, Moscow will respond in kind ‘wherever necessary’, says Putin.

Russia’s President Vladimir Putin has threatened to seize European vessels if European states follow through on plans to seize more commercial ships with Russian cargo.

Putin delivered the warning on Wednesday while on board a Russian cruiser off the Pacific island of Sakhalin, where Russia’s navy was conducting a drill. He said Russia would be ready to carry out its own seizures “wherever we deem it necessary and appropriate,” according to Russia’s TASS news agency.

The statement comes after several European countries intercepted ships suspected of being part of Moscow’s so-called “shadow fleet”, carrying Russian oil in contravention of European sanctions.

New sanctions passed last month permit European Union members to sell the oil or any other cargo seized from the ships.

Putin appeared to reference the sanctions, saying some countries are trying to “restrict the movement of vessels belonging to our economic operators” and recently “came up with the idea of possibly seizing our ships and selling off property stolen from us”.

“If these plans are put into practice, we will have to respond in kind,” Putin said in comments carried by Russia’s RIA Novosti news agency, calling the moves “piracy and robbery”.

He said “relevant instructions” had already been delivered to Russia’s Ministry of Defence and Pacific Fleet, the naval fleet responsible for Russia’s maritime military interests in the Pacific.

NATO ‘making inroads in Asia Pacific’

Putin also accused the NATO military alliance of making inroads into the Asia Pacific region and heightening tension in the Arctic. “NATO is making inroads into the ‌region, new military-political blocs are being formed, and new weapons systems that pose a threat to Russia are ‌being deployed or are slated for deployment,” the Russian leader said.

Russia’s naval exercises in the West Pacific come a week before joint US-South Korean war games, designed to simulate a possible invasion from North Korea.

Tensions are high in the region amid accusations from Kyiv and Seoul that Pyongyang and Moscow are further intensifying their military cooperation.

On Tuesday, Ukraine’s President Volodymyr Zelenskyy accused Russia of using North Korean missiles in a deadly air raid across Ukraine. A day earlier, he had warned that Moscow was receiving more ballistic projectiles and troops from its ally Pyongyang, a development he said posed dangers not only for Ukraine but for countries in East Asia.

North Korean leader Kim Jong Un has already sent thousands of troops and plentiful supplies of weapons to support Putin’s four-year invasion.

Trump labels US Democratic nominees ‘jihadists’ in inflammatory remarks made in the Oval Office.

United States President Donald Trump has described Democratic candidates in the midterm US elections as “jihadists” in an apparent reference to Muslim Democratic candidate Abdul El-Sayed securing his party’s nomination for the Michigan primary elections last week.

The pronouncements fuel a proliferating wave of Islamophobic discourse among Republican lawmakers and elected officials in the sprint to lock down ballots ahead of November’s midterm elections.

“We have jihadists being elected all over the place, whether it’s communism [or] jihadism,” Trump told reporters in the Oval Office on Monday. “A friend of mine called up, he said, ‘You know […] you should use the word jihadist’, that’s what’s happening. If you take a look at what’s happening in other countries, I’m not really sure that’s the way we want to live.”

Trump also hurled another tirade against people of Somali descent, of which there are upwards of 260,000 across the US. He called them “not smart”, and said they have “no aptitude” and “nothing going” for them to “tell us how to run our country”.

Edward Ahmed Mitchell, the national deputy director of the Council on American-Islamic Relations (CAIR), a Muslim civil rights and advocacy organisation in the US, said that Trump’s hateful anti-Muslim rhetoric “is putting a target on the back of Muslim elected officials across our nation” and that “this type of dangerous rhetoric is fueling the surge in complaints of anti-Muslim bigotry that our civil rights organization has documented over the past three years”.

Although the president refrained from explicitly naming any individual candidate, hours later, he focused his attention on El-Sayed, who is a son of Egyptian immigrants. The president shared a photo on Truth Social showing the Democratic contender positioned before a gathering that featured two women in headscarves, accompanied by the caption: “They are coming for your home and your belongings.”

Trump also targeted El-Sayed’s victory directly last week, calling him a “hater of Jews” and “hater of Israel” who will bring “filth, crime, death, destruction, embarrassment”.

Several other Republicans also beefed up their anti-Muslim rhetoric, following El-Sayed’s win, parroting remarks that Muslims do not belong in American society. Representative Nancy Mace of South Carolina claimed on social media that “every single Muslim holding public office in America is a Trojan horse, and a threat to both national security and our republic”.

Meanwhile, Alabama Senator Tommy Tuberville labelled El-Sayed a “TERRORIST” and wrote on social media that “Abdulrahman Mohamed El-Sayed is a RADICAL ISLAMIST.”

This outburst occurred just two days after Trump shared a social media post comparing a photo of himself and First Lady Melania Trump with one of El-Sayed and his wife Dr Sarah Jukaku, who is a psychiatrist. The image was captioned: “Two VERY DIFFERENT America’s.”

Speaking on CNN’s State of the Union with host Jake Tapper on Sunday night, the Democratic Senate candidate hit back, saying, “Sarah and I actually like each other”, adding “I don’t know about the first lady and the president, but from what I’ve heard, it’s a bit of a rocky road”.

With less than 90 days to go until the highly anticipated midterm elections come to a head, and with all 435 seats in the House of Representatives and 34 Senate seats up for grabs, Democrats are confronting an ideological schism between moderate leaders and triumphing democratic progressives, some of whom are increasingly being characterised as an endangerment to Washington’s national security establishment altogether.

“People don’t want to have radical lunatics involved in running our country,” said Trump on Monday, “and that’s what we have.”

Espionage, sabotage, cyberattacks, and covert operations are a ‘constant reality’, says Germany’s interior minister.

Germany is facing daily “hybrid warfare” attacks from abroad, an official has said, days after an explosive-laden drone was discovered at Leipzig/Halle Airport.

Interior Minister Alexander Dobrindt told the local newspaper Bild am Sonntag on Sunday that foreign powers wanted to subdue Germany politically and socially by stirring up fear.

“We’re not at war, but we are the daily target of hybrid warfare,” Dobrindt said.

“Espionage, sabotage, cyberattacks, or covert operations by foreign powers aimed at destabilising Germany or inflicting direct harm are a constant reality.”

He did not identify any countries behind the alleged attacks.

The minister’s comments come after a drone loaded ‌with explosives was discovered at the Leipzig/Halle Airport in eastern Germany on Tuesday.

Some German lawmakers pointed the finger at Russia, which has been at war with Ukraine since its full-scale invasion of the country in 2022.

The Russian embassy in Berlin on Friday dismissed the Leipzig event as a “fabricated provocation”, saying it was another example of unsubstantiated accusations against Moscow.

Germany plans to boost anti-drone capacity

Germany is planning to strengthen its ability to counter drones amid concerns over the threat, Bild reported, citing government sources.

The newspaper said Dobrindt’s ministry wanted to double the federal government’s team of anti-drone experts from 150 to 300 and increase its network of related bases from four to eight.

Germany’s armed forces said on Saturday that two drones were spotted late on Thursday over a German military base site in Mechernich, in the western state of North Rhine-Westphalia.

Separately, a drone exploded on Saturday in Bulgaria near the Trans-Balkan gas pipeline.

Bulgaria’s defence ministry said there was no reason to suspect the incident was intentional. Ukraine said it was working with Bulgarian authorities to clarify the circumstances.

The drone incidents across Europe have renewed concerns that Russia’s war in Ukraine could increasingly affect neighbouring NATO states.

NATO and European Union officials have blamed Russia for previous drone sightings. Russia has rejected all the allegations.

Presidents of Argentina, Paraguay, Chile and Ecuador, along with Spain’s King Felipe VI, are expected to attend Friday’s ceremony.

Colombia’s outgoing defence minister has warned of a heightened risk of “terrorism” ahead of Friday’s inauguration of President-elect Abelardo de la Espriella.

Minister of Defence Pedro Sanchez told radio station La FM on Wednesday that authorities were tracking a “threat” against Friday’s proceedings. “Most likely, these criminals would attempt to disrupt this democratic event with acts of terrorism,” he said.

The handover of the presidency will take place in the region of Cali in Colombia’s southwest, which has recently seen a series of militia attacks.

De la Espriella, 48, who narrowly won the June presidential run-off, had asked Congress to move the event from the capital, Bogota, to the country’s third-largest city despite its proximity to areas under the control of rebel groups.

Several foreign leaders, including the presidents of Argentina, Paraguay, Chile and Ecuador, along with Spain’s King Felipe VI, are expected to attend the inauguration ceremony.

To secure the event, Colombia’s military is deploying roughly 11,000 troops and has imposed a no-fly zone on drones over Cali and its surroundings. Rebel fighters have previously used drones to drop explosives.

In the department of Cauca, near Cali, a dissident faction of the FARC armed group operates under the command of Ivan Mordisco, the alias of Colombia’s most wanted rebel leader.

The hard-right de la Espriella campaigned on dismantling outgoing President Gustavo Petro’s “Total Peace” negotiation strategy with armed groups.

Petro has disputed the election result and said he will not attend Friday’s ceremony.

SEOUL, Aug. 5 (UPI) — Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un, warned Wednesday that Pyongyang could adopt “additional military options” against Japan, accusing Tokyo of becoming a “war state” through its expanding military capabilities.

Kim made the remarks in a statement carried by the state-run Korean Central News Agency.

“Japan, a war criminal state, is accelerating its transformation into a war state,” she wrote, claiming that Tokyo was exploiting growing geopolitical tensions to boost its offensive military capacity.

She cited Japan’s recent test-firing of U.S.-made Tomahawk cruise missiles from a destroyer in the Pacific Ocean and its March deployment of long-range surface-to-ship missiles and high-speed gliding projectiles at bases in Kumamoto and Shizuoka prefectures as examples of Tokyo’s changing military posture.

Kim also pointed to Japan’s participation in U.S.-led military exercises in the Philippines in May, where it launched offensive missiles outside its territory for the first time since World War II.

Kim claimed that Japan’s growing arsenal of long-range weapons was transforming its Self-Defense Forces into an offensive military.

“The mass possession of different kinds of long-range strike means with an unexpectedness of preemptive attack and a drastic increase in the radius of their operation … make Japan reorganize its overall armed forces as a formation of preemptive attack and overseas aggression,” she wrote.

Kim also accused the United States of driving Japan’s military expansion, saying Tokyo and Seoul were acting as Washington’s “shock brigade” in the region.

“Japan’s military expansion in the Asia-Pacific region, which is being turned into the world’s biggest hotspot due to the U.S. exclusive and aggressive foreign policy … seriously threatens international peace and stability,” she wrote.

North Korea has repeatedly criticized the administration of Japanese Prime Minister Sanae Takaichi, a hawkish conservative who took office in February, over efforts to strengthen Japan’s military and broaden its regional security role.

Tokyo has bolstered its defense posture since adopting a new National Security Strategy in late 2022 that calls for acquiring “counterstrike capabilities,” including long-range missiles intended to strike enemy launch sites if Japan comes under attack.

In a commentary published in KCNA on Tuesday, North Korea condemned a recent U.S.-led multinational naval exercise in Hawaii and criticized military cooperation among Washington and its regional allies, including the Pentagon’s recent move to upgrade U.S. Forces Japan into a joint force headquarters with expanded operational responsibilities.

Kim said North Korea should make Japan “regret” its growing military ambitions.

“One effective way is to make Japan feel that its security has been exposed to greater danger due to its greediness,” she wrote. “We will never remain a passive onlooker to the military evolution of Japan which may pose a grave threat to the security of the Democratic People’s Republic of Korea.”

The Democratic People’s Republic of Korea is the official name of North Korea.

“I make it clear upon authorization that the armed forces of the DPRK and the military leadership will set up additional military options which are obviously due to Japan’s transformation,” she added.

WASHINGTON — Sen. Bob Packwood (R-Ore.) warned Monday that the sex lives of at least two other lawmakers would be disclosed to the Senate Ethics Committee if the Senate subpoena for nearly five years of his personal diaries is enforced.

Packwood insisted that he is not trying to “blackmail” senators into voting to reject the unanimous demand of the ethics panel, which is conducting an inquiry into charges that Packwood repeatedly made unwanted sexual advances to women on his staff.

Rather, the Oregon lawmaker said, it is the Ethics Committee that wants entries from his diary concerning the longtime affair of another senator and an intimate relationship between a member of the House Democratic leadership and a Senate staff aide.

In his dealings with the committee, Packwood said, he concealed the name of the prominent Democrat by masking it with a piece of paper.

“The Ethics Committee lifted the piece of paper and saw the name and demanded that we produce that page in the diary,” Packwood said. “These were not threats by my lawyer, that if my diary is subpoenaed, that I will tell these things.”

Sources close to Packwood said he fears that some of his diary entries would become public through leaks to the media, even if the committee itself does not disclose them.

The committee said in a report to the Senate last Thursday that Packwood reneged on an agreement to allow a neutral third party to screen the diaries and exclude those parts covered by attorney-client or doctor-patient privileges or related to personal, private family matters.

It voted, 6 to 0, to issue a subpoena for Packwood’s diaries from 1989 to the present, concluding that “the documents in their entirety may be relevant and probative” in connection with its investigation of Packwood’s conduct.

Unless a compromise can be reached, the Senate is expected to vote shortly on whether to back up the Ethics Committee by authorizing it to seek a federal court order for the diaries or to uphold Packwood’s protests that his privacy is being invaded.

Packwood told the Senate that he has kept a personal diary for 25 years that now amounts to 8,200 single-spaced pages. He sets aside time early each morning to dictate his thoughts about events of the previous day, apparently covering both his personal life as well as his official duties.

Entries cover his “hopes and dreams and despair,” the 61-year-old Packwood said, including his discussions with former President Richard Nixon over the Watergate scandal, as well as meetings with Rep. Dan Rostenkowski (D-Ill.), chairman of the House Ways and Means Committee, on tax reform.

In addition, as Packwood’s attorney James F. Fitzpatrick said in a statement Friday, the diary also has information on the senator’s “private consensual personal relationships” with women who were not on his staff.

Senate records disclosed that Packwood has raised more than $280,000 for a legal defense fund since the Ethics Committee started its inquiry early this year, including a $10,000 donation from Sen. Robert F. Bennett (R-Utah) and a $1,000 contribution from Sen. John H. Chafee (R-R.I.).

Lobbyists and other major campaign contributors have put up most of the money.

Packwood, accused by more than two dozen women of sexual harassment over the last two decades, also has been charged with using his Senate staff to try to silence his accusers by intimidation.

Iran rejected US President Donald Trump’s claim that ships damaged by Iran in the Gulf would be compensated from frozen Iranian funds. IRGC spokesperson Ebrahim Zolfaghari warned that any vessel taking such money will be banned from transiting the Strait of Hormuz.

Regulator proposes checks on 453 US-registered jets over seats that may be incorrectly installed.

The US aviation authority has warned that seats on hundreds of Boeing 737 MAX planes could have been installed incorrectly and may require inspection.

The Federal Aviation Administration (FAA) said on Monday that the issue relates to 453 jets registered in the US and proposed requiring airlines to inspect the seats.

If not installed correctly, the seats could come loose during an emergency landing and “injure passengers and crew members”, the FAA said, adding that they could also “block the aisle and slow an evacuation”.

The proposed order would apply only to US-registered planes because the FAA does not regulate foreign airlines.

Regulators in other countries, however, often follow FAA orders when the issue affects aircraft operating in their markets.

A Boeing spokesperson told the Reuters news agency that the company had issued guidance to operators ‌on the matter in December 2025.

“We support the FAA making that guidance mandatory,” the spokesperson said in an email.

The warning adds to years of scrutiny of Boeing’s safety record.

A cabin panel blew off an Alaska Airlines 737 MAX 9 in January 2024, forcing an emergency landing and prompting the FAA to ground 171 jets.

Investigators later found that the panel was missing four key bolts.

The scrutiny intensified after a spate of other accidents around the world, as well as the death of Boeing whistleblower John Barnett in March 2024 while he was providing evidence for a safety lawsuit against the firm.

In June 2025, the US National Transportation Safety Board said Boeing had failed to provide adequate training, guidance and oversight to prevent the Alaska Airlines incident.

There are nearly 2,300 737 MAX jets operating around the world, including 823 in the US, according to aviation advisory and intelligence firm IBA.

RYANAIR boss has warned Brits not to be late for their flight as planes will takeoff without them.

The news comes after reports of hour-long delays at border control as a result of the introduction of the EU’s new Entry/Exit system (EES).

Talking on The Telegraph’s podcast, Ryanair CEO Michael O’Leary said: “We will not wait for anybody.

“Our priority is to those passengers who are at the boarding gate when boarding starts. If you’re not at the boarding gate when we finish boarding, the plane is going without you.”

He further added that it is the responsibility of the traveller to leave enough time to get themselves through the airport on time.

It comes after reports of up to six-hour long queues at passport control and in some cases, passengers have missed flights as a result.

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At the beginning of June, 150 Ryanair passengers missed their flight from Toulouse to the UK due to the queues.

In another case, British passengers who were still in the airport queuing through passport control missed their Ryanair flight from Athens to London Luton.

One passenger told the BBC at the time that there had been a “mega queue” at Athens International Airport where hundreds of people were waiting at both security and passport control.

The plane took off without around 50 of its passengers.

However, Michael O’Leary said that planes cannot wait for anyone caught up in the chaos.

He added: “We’re not delaying our flights for people who are stuck in passport control queues.

“They have to show up at the airport earlier [and] be at the boarding gate, otherwise they’re not flying.”

Ryanair had previously called for EES to be delayed until September to save the summer holidays – but it has continued to go ahead.

With EES still in place, airlines are advising Brits to leave arrive three to four hours early for your flight to Europe this summer.