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US envoys met with Vladimir Putin in Moscow and are traveling to Kyiv to advance a peace initiative. Both sides discussed concrete next steps to end the war in Ukraine. Ukraine agreed to suspend attacks, while Russia is confident it can conquer eastern Ukraine.
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Ultra-fast fashion provider Shein's IPO in Hong Kong valued the company at around $27 billion, 70 percent below its 2022 peak. Investors expressed concerns about supply chains and environmental impact, leading to a significantly reduced valuation.
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US envoy met with President Putin in Moscow to discuss a peace agreement. Russia will refrain from attacks on Kyiv for three days after Ukrainian President Zelenskyy offered a three-day ceasefire.
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As of September 1, over 50,000 applications for e-car subsidies have been approved, with approximately 230 million euros disbursed. The subsidies, aimed at lower-income individuals, range from 1,500 to 6,000 euros depending on the model and income.
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The Trump administration is developing a post-Iran war strategy with three pillars: containing Iran, expanding normalization agreements, and addressing the Gaza war's aftermath. The plan aims to reshape the Middle East's power balance.
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Russian President Vladimir Putin ordered a three-day halt to air strikes on Kyiv to facilitate the arrival and talks with a US delegation including Jared Kushner and Steve Witkoff. The US is attempting to end the four-and-a-half-year war with a new plan.
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US President Donald Trump announced a new peace mission to end the Ukraine war. His envoys Jared Kushner and Steve Witkoff will travel to Moscow and Kyiv to speak with Presidents Putin and Zelenskyy. Zelenskyy proposed a ceasefire during the talks.
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Iranian media report a US forces attack on an Iranian oil tanker near Kharg Island. The incident occurred one day after alleged Tehran missile launches toward the Strait of Hormuz and US attacks on Iranian positions.
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