🇮🇷 Bessent: Iran Economy Could Collapse Within Months
US Treasury Secretary Scott Bessent warned Monday that Iran's economy could collapse "within weeks or months" under American economic pressure, as the Trump administration intensifies its campaign to cripple Tehran's finances.
Speaking at a G20 finance ministers meeting, Bessent said the outcome is avoidable: "The economy doesn't have to collapse, we just have to have the regime come to their senses."
🇬🇧 Milei Threatens Sanctions Over Falklands Oil Drilling
Argentine President Javier Milei announced he will sign a decree to fast-track sanctions against companies involved in oil and gas extraction around the Falkland Islands, which Argentina claims as sovereign territory under British control.
In a televised address, Milei also pledged to boost defense resources in Argentina's south and send Congress legislation to strengthen Argentina's response to what he called violations of its sovereignty. He said the "winds of change" favour Argentina's claim on the islands.
The move escalates a long-standing dispute with the UK over the South Atlantic territory, which Britain has administered since 1833 and Argentina has contested ever since — including a brief war in 1982.
🇺🇸 US House Votes to Strip Funding From Universities That Boycott Israel
The House passed legislation 237–169 that would put federal funding at risk for universities engaging in commercial boycotts of Israel, including terminating business relationships without a "valid business reason."
The Protect Economic and Academic Freedom Act, sponsored by Reps. Virginia Foxx (R-NC) and Josh Gottheimer (D-NJ), would also require institutions to certify annually that students and faculty have equal access to academic programs in Israel. Thirty-three Democrats crossed party lines to support the bill; only two Republicans opposed it.
Critics warn the measure could chill constitutionally protected speech and effectively compel universities to actively seek Israeli partnerships. The Foundation for Middle East Peace's Lara Friedman said the bill's certification requirement could expose schools to legal action if any absence of Israeli ties is alleged as proof of boycott activity. House Education Committee Democrats argued the bill targets conduct no American university has actually undertaken.
U.S. forces struck two Iranian rocket launchers on an island in the Strait of Hormuz that were being used to deploy sea mines into the waterway, marking the first U.S. military action against Iran in approximately a month.
A U.S. official confirmed the strikes to NBC News. The military had completed clearing sea mines from the strait's international shipping lanes just last week.
The Strait of Hormuz is one of the world's most critical oil transit chokepoints. The strikes signal a resumption of direct U.S. military action against Iranian forces following a weeks-long pause in the conflict.
🌍 Niger Foils Military Mutiny After Gunfire Rocks Niamey
Niger's government says it has crushed an attempted mutiny after soldiers opened fire at sensitive sites in the capital Niamey in the early hours of Saturday, August 29.
Defence Minister General Salifou Modi said a group of soldiers entered the 101 Military Camp near Diori Hamani International Airport at around 12:20 a.m., took colleagues hostage, and attempted to breach the presidential palace perimeter. Government forces responded and restored order. "Everything has now returned to normal and the mutiny they wanted to start has been crushed," the government stated. No casualty figures were disclosed. National television briefly went off air before service resumed.
The incident is the latest challenge to Niger's military junta under Abdourahamane Tchiani, who seized power in 2023. Niamey has now faced attacks from Islamic State in the Sahel and JNIM jihadist groups twice this year — making it unclear whether Saturday's violence was soldier-led, jihadist, or both.
🇮🇷 Iran Fires Missiles and Drones After US Strikes Tehran
The US military struck targets in Iran on Tuesday. Tehran responded with waves of drone and missile strikes against multiple sites across the region, reigniting hostilities in what has become an intermittent war.
President Trump vowed further strikes following Iran's retaliation. The exchange marks a significant escalation after a period of reduced direct confrontation between the two sides.