Business

Panama Canal Begins Cutting Ship Crossings as El Niño Tightens Its Grip—And Global Shipping Could Feel the Shock

PANAMA CITY — The Panama Canal has begun reducing the number of ships allowed to pass through the vital waterway as worsening drought and a strengthening El Niño threaten the freshwater supplies needed to keep the canal operating. Starting September 4, 2026, daily transit capacity is being reduced from the recent level of about 36 vessels to 34 ships, with another cut to 32 vessels a day beginning September 15, according to the Panama Canal Authority (ACP). The move marks a significant warning

Asia

Musk’s xAI Loses Court Fight Over Minnesota’s AI ‘Nudification’ Ban—But the Bigger Battle Is Just Beginning

WASHINGTON — Elon Musk’s artificial intelligence company xAI has suffered another legal setback in its fight against Minnesota’s first-of-its-kind ban on AI-generated “nudification” images, after a federal judge refused to temporarily block the law while the company’s constitutional challenge moves forward. U.S. District Judge Donovan Frank on Friday, September 4, rejected xAI’s request for a preliminary injunction, ruling that the company had not shown the kind of immediate, irreparable harm n

Asia

Bolivia Military Base Blast Leaves Dead, Dozens Injured and People Missing—Then Authorities Reveal What Was Stored Inside

VIACHA, Bolivia — A powerful series of explosions tore through a military installation near Bolivia’s administrative capital La Paz, killing at least two people, injuring dozens and leaving others missing as emergency crews searched the damaged site. The blasts struck the General Maintenance Center of the RAM-2 “Bolívar” military base in Viacha, roughly 30 kilometers from La Paz, on Friday afternoon. Bolivia’s Defense Minister Ernesto Justiniano said the explosions occurred at about 2:30 p.m.

Asia

Bangladesh Measles Outbreak Nears 1,000 Child Deaths as Cases Top 180,000—What Went Wrong?

DHAKA — Bangladesh is confronting one of its worst measles outbreaks in decades, with the number of children who have died from confirmed or suspected measles-related illness now approaching 1,000. The latest figures from Bangladesh's Directorate General of Health Services (DGHS) show that 987 children have died from measles or measles-like symptoms since March 15, while the combined number of confirmed and suspected cases has climbed to 181,829. The figures underscore the scale of an outbreak

China

China’s Rare Earth Supply Squeeze Hits U.S.—And the Next Move Could Come Before Xi’s Washington Visit

BEIJING/WASHINGTON — China’s grip on the global supply of critical minerals is once again becoming a major pressure point in its economic relationship with the United States, with some Chinese rare earth suppliers reportedly declining to ship materials to U.S. customers amid fears of repercussions from Beijing. The development comes just weeks before Chinese President Xi Jinping is expected to visit Washington, putting rare earth supplies back at the center of the U.S.-China trade and national-

Philippines

Philippines Unveils Major Healthcare Reforms—But the Biggest Challenge May Be the 190,000-Worker Gap

MANILA, Philippines — The Philippine government has laid out an ambitious plan to reshape healthcare delivery, with greater emphasis on primary care, preventive medicine, digital health services and bringing diagnostics closer to communities far from major hospitals. The reforms discussed by then-Health Secretary Teodoro Herbosa with President Ferdinand Marcos Jr. in May 2024 also exposed one of the healthcare system’s biggest obstacles: the country needed an estimated 190,000 additional health

Business

Widow Told Her Husband’s Death Wasn’t ‘War’ Enough for Benefits — Then the Pentagon Stepped In

WASHINGTON — The widow of a US Air Force major killed during a combat mission in Iraq says she was left stunned after being told that certain combat-related benefits were not available to her family because the United States had not officially declared its military operations against Iran a war. But after her story spread online and drew national attention, the Air Force reviewed the case and confirmed that all eligible combat-theater benefits had in fact been included in her late husband's pay

Philippines

SUBIC YACHT DRUG HAUL SURGES TO ₱366.65M—AND AUTHORITIES FOUND MORE THAN THEY EXPECTED

OLONGAPO CITY — What initially appeared to be a major illegal-drug seizure at the Port of Subic has grown significantly after authorities uncovered another batch of suspected high-end marijuana, bringing the estimated street value of the total haul to ₱366.65 million. The Bureau of Customs (BOC)-Port of Subic said Saturday, September 5, that its composite enforcement team recovered 109 additional packages containing approximately 123.91 kilograms of suspected “kush.” The newly discovered drugs

Business

US Hits Turkish Bank Accused of Keeping Iran’s Financial Lifeline Alive — The Fallout Could Reach Far Beyond Tehran

WASHINGTON — The United States has imposed sanctions on a Turkish financial institution and two of its subsidiaries, accusing them of helping maintain an important financial channel for Iran as Washington intensifies its campaign to squeeze Tehran economically. The US Treasury Department announced on Sept. 4 that it had designated Istanbul-based Golden Global Yatirim Bankasi Anonim Sirketi, along with Golden Global Varlik Kiralama Anonim Sirketi and Golden Global Portfoy Yonetimi Anonim Sirketi

Business

China Walks Out of Major Asian Art Festival — One Taiwan Pavilion Name Sparks a Diplomatic Storm

A major Asian art festival has been pulled into a growing China-Taiwan diplomatic dispute after Chinese artists withdrew from South Korea’s Gwangju Biennale, objecting to organizers’ decision to allow a Taiwanese exhibition to use the name “Taiwan Pavilion.” The withdrawal came just as the 16th Gwangju Biennale was preparing to open in Gwangju, South Korea. The biennale is regarded as one of Asia’s leading contemporary art events and this year’s programme includes a separate Pavilion Project fe