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WSJ warns Trump is ignoring the 'early murmurs' of an economic 'crack-up'

The Wall Street Journal's conservative editorial board warned that rising bond yields carry a message that President Donald Trump ignores at his peril.In a Tuesday editorial, the paper's editors argued that climbing yields on long-dated government debt are not a catastrophe but a long-overdue return to normal, while cautioning that the picture could darken fast if Washington refuses to change course.The board pointed to a global selloff that pushed the 10-year Treasury note to 4.8 percent on Tuesday and drove the 30-year U.S. bond to 5.28 percent. It also lifted Britain's 30-year government bond to its highest level in nearly three decades. Japan's 10-year yield touched a peak unseen in 30 years, The Journal noted.Rather than sound an alarm, The Journal celebrated the shift as investors waking from almost two decades of what it called "financial repression," an era of central-bank bond buying and rock-bottom rates that let "spendthrift" governments borrow cheaply and pile on debt.But The Journal conceded the transition carries danger as "some market crack-ups are sure to occur, though who knows where and when." The Trump administration could stave off a reckoning with policies that spur growth, "which doesn't include tax increases or tariffs," according to The Journal.The Journal also noted that federal debt held by the public now equals 100 percent of GDP and annual interest payments have topped $1 trillion, which exceeds the entire defense budget. Neither party will touch the spending on programs like Social Security and Medicare, which is driving the climb, according to The Journal. "The bond vigilantes aren't yet in full cry, but their early murmurs are welcome," The Journal wrote. "They are sending a message to Washington and other Western nations to clean up their fiscal acts."However, "the real worry is if the politicians don't listen," The Journal warned.

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British aid worker mistakenly identified as a survivor of Nepal-Tibet disaster

More than 1,000 people confirmed dead and more than 4,000, including 36 British nationals, remain missingA British aid worker was mistakenly identified by Nepalese authorities as a rescued survivor after returning to Kathmandu on a humanitarian aid flight.Alastair Chambers, a 45-year-old former Gloucester councillor, said he flew to Nepal last week to distribute sleeping bags, food and essentials to communities cut off by collapsed bridges. Continue reading...

Prominent Hong Kong pro-democracy activist Joshua Wong pleads guilty

Prominent Hong Kong pro-democracy activist Joshua Wong pleads guilty to conspiracy to endanger national security

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Honduran judge dismisses fraud and money laundering case against former President Hernandez

A judge in Honduras on Tuesday dismissed the case against former president Juan Orlando Hernandez for fraud and money laundering charges, clearing him of any pending charges in the Central American nation.

Panic as nukes feared to be ‘on the table now’ after ‘disgusting’ Trump threat

President Donald Trump’s escalating threats to effectively destroy Iran set off alarm Tuesday, with one foreign-policy analyst warning that the president appeared to be signaling that nuclear weapons were “on the table now.”Trump announced on Truth Social that the United States was striking Iranian targets near the Strait of Hormuz in retaliation for what he called Iran’s failed attempt to add sea mines to the waterway and its launch of eight missiles toward a U.S. military base in Jordan. Trump went even further in a later phone call with Fox News, where he warned that Iran would be hit “much harder” if it retaliated - and even “wiped out as a country” if the conflict continued.The escalated rhetoric sparked swift fury online, with critics accusing Trump of going too far by threatening the destruction of an entire country. “WARNING! WARNING! WARNING!” sanctions expert Brett Erickson wrote Tuesday on X. “Throughout this entire war, I have been incredibly skeptical of any claims that President Trump is so much as DISCUSSING the use of nuclear weapons. “This reads to me clear as day that they are on the table now. “Disgusting,” he added.Liberal political commentator Vince Wilson pointed his blame at Capitol Hill. “These spineless Republicans in Congress are enabling this,” he posted. Economist and policy researcher Sky Marchini saw the message as “Trump’s Final Warning,” while another critic, Geoff Wolf, asked: “So who in Trump’s orbit profited on this one today?” Freelance journalist Manny Otiko had his own take: “Trump threatens to wipe out an entire country, and he calls them crazy?”WARNING! WARNING! WARNING!President Trump just minutes ago posted to Truth Social that the United States is set to respond to any Iranian retaliation (that is already underway). Most concerningly, Trump seems to very clearly imply the potential use of NUCLEAR WEAPONS by… pic.twitter.com/sCAZtrqG28— Brett Erickson (@BrettErickson28) September 1, 2026