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The US military has used nearly 80% of its key missile interceptors, leaving stockpiles dangerously low. Commanders warned that the Pentagon’s munitions supply fell sharply during the war with Iran. Many Gulf countries now worry that this shortage could hurt their ability to stop future missile and drone attacks.
Asian economies face food security risks as a super El Nino and Middle East tensions drive up costs. Paul Teng said, “The impact of El Nino is just among the many crises that we are facing at the moment.” Rising fertilizer and energy prices continue to push inflation higher across Asia.
The parents of an Iranian boy killed by an airstrike are visiting Hiroshima. They will attend Thursday’s ceremony honoring victims of the 1945 atomic bombing. Their 7-year-old son died in a February air raid. "Their happy time will never return," the couple said, hoping such a tragedy never happens again.
Mitsubishi Heavy Industries is moving to develop next-generation small modular reactors. This effort follows a government plan to maximize nuclear power use. The company plans to get these compact reactors running in the 2040s. They will receive government support to build safe units that withstand earthquakes and even a tsunami.
The United Kingdom announced a 50.2 per cent cut in development aid to Nigeria by 2029. The allocation will fall to £68 million from £136.62 million. The government said these cuts help fund domestic priorities and defence spending. Other European nations also started to scale back their foreign assistance budgets.
The European Union’s Pact on Migration and Asylum officially came into force on 12 June 2026. This new policy requires all 27 Member States to follow shared rules on border controls and asylum procedures. It uses a flexible solidarity concept to help countries like Italy and Greece manage migratory pressure.
The U.S. Army used virtually all of its long-range precision missiles during the five-month war with Iran, sources said on August 4. These weapons are vital for military readiness. President Trump said, "Our defense companies are, at this moment, making more munitions than they have ever made before."
Qatar said on Tuesday that diplomatic efforts between the United States and Iran are ongoing, but no direct talks are scheduled. Spokesman Majed al-Ansari said, “We are looking towards diplomatic resolution as we are speaking right now.” Qatar, Pakistan, and Oman are working together to avoid any major regional escalation.
The State Department notified Congress of plans to close five diplomatic posts in Japan, Canada, Cameroon, Indonesia, and Grenada. Secretary Marco Rubio said the overhaul is a long-overdue effort to "right-size" a bloated institution. Many critics worry this move treats America’s overseas presence as a simple balance sheet dollar figure.
A British maritime agency said a cargo ship got hit by a projectile at 2 a.m. local time near Oman. The vessel suffered damage while sailing in the Strait of Hormuz. Meanwhile, the United States and Iran gave different accounts about whether they were holding talks to end the war.
A July assessment by America’s intelligence community says Iran is unlikely to change its stance despite intensive bombing. A senior U.S. official said the strikes have the opposite effect of what is intended. Military leaders also warned that further combat operations would dangerously deplete stockpiles of important munitions and weapons.
State Senate Republican Leader John Braun advanced to the November general election in a Washington battleground district on August 4. U.S. media projects this win for the leader as he moves forward. This result shows how many voters feel about the upcoming race in this key area of the state.
A North Korean missile unit has started deploying to western Russia, Kyiv said on August 5. The unit could use 120 ballistic missiles against Ukraine. Expert Rob Lee said, "Ballistic missile defence is one of Ukraine's greatest vulnerabilities so any increase in the quantities of ballistic missiles will pose a challenge."