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-------------------------

The top stories being read around the world right now!

From the Editor's Desk

Ranked: The Largest Sovereign Debt Defaults in Modern History

Given the financial burden of war, the country suspended interest
payments on international debt over the last two years, which was set
to expire on August 1, 2024. Without this new debt restructuring, this
default would have ranked among the 10 largest in recent history. The
last time Ukraine defaulted on its debt was in 2015, after Russia’s
invasion of Crimea.

The country defaulted again just nine months later, making it the
fourth-largest ever. Leading up to the crash, Greece ran significant
deficits despite being one of the fastest-growing countries in Europe.
Furthermore, in 2009, the newly elected prime minister revealed that
the country was $410 billion in debt—substantially more than
previous estimates.

Continued here
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Work

Do Robots Love Their Customers? Automated Restaurants Face Human
Issues.
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For a decade, the promised era of robo-flipped burgers and automated
baristas has always been just around the corner. But automation in
restaurants, at least in the United States, remains a novelty. That is
not because the robots and A.I. assistants can’t hack it. By and
large, the technology is there, and in some cases has been for years.

Work

Mars Contains an Ocean's Worth of Water - But It's Deep Below the
Surface - Discover Magazine (No paywall)
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Mars holds enough water to cover the entire planet with an ocean about
a mile deep, according to a new study in Proceedings of the National
Academy of Sciences. But accessing that water would require drilling
wells 6 miles down. On Earth, creating wells that reach even a half
mile down is a challenge.















Work

4 Famous Shipwrecks That You Can Visit - Discover Magazine (No
paywall) [[link removed]}&lead=419599&emailid=48991&nl=daily]  
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The Titanic, discovered in 1985 deep beneath the ocean off of
Newfoundland, is the most iconic shipwreck in the world. The massive
luxury liner sank in 1912 after hitting an iceberg, but it was well
preserved in its freezing resting place on the ocean floor.

Work

The JUICE spacecraft may be visible on a near-Earth flyby next week -
New Scientist (No paywall) [[link removed]}&lead=419599&emailid=48991&nl=daily]  
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The Jupiter Icy Moons Explorer (JUICE) spacecraft is stopping by home
in what the European Space Agency (ESA) is calling “a double world
first”. It will fly past Earth and the moon on 19 and 20 August,
marking the first of several complex manoeuvres along its looping path
to Jupiter – and it may be possible to spot the spacecraft in the
sky as it hurtles by.














Work

We could make fuel and fertiliser by recycling wastewater - New
Scientist (No paywall) [[link removed]}&lead=419599&emailid=48991&nl=daily]  
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An environmentally friendly technique turns wastewater into ammonia
and harmless by-products using a multi-chambered chemical reactor. The
sustainable alternative requires much less energy than the
conventional method for producing this crucial chemical.

Work

New fossils hint how tiny 'water bears' survived mass extinctions -
Science (No paywall) [[link removed]}&lead=419599&emailid=48991&nl=daily]  
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Tardigrades are survivors. For more than 500 million years, the
microscopic “water bears” have spread all over the planet and
endured some of the harshest conditions Earth has to offer. Now a new
analysis of ancient tardigrades in a piece of Cretaceous amber has not
only clarified the timeline of tardigrade evolution, but hints how the
tiny animals have been able to survive disasters that drove other
forms of life to extinction. 














Work

Subscribe to read - FT (No paywall) [[link removed]}&lead=419599&emailid=48991&nl=daily]  
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Once registered, you can:• Read this article and many more, free for
30 days with no card details required• Enjoy 8 thought-provoking
articles a day chosen for you by senior editors• Download the
award-winning FT Edit app to access audio, saved articles and more

Work

Musk-Trump X Interview: Trump Takes Friendly Questions From Musk After
Glitch-Plagued Start - Forbes (No paywall)
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Former President Donald Trump's highly anticipated interview with
billionaire X owner Elon Musk Monday was largely reflective of a Trump
campaign speech, as Musk allowed Trump to riff about his preferred
talking points at lengthâafter the livestream began more than 40
minutes due to glitches on X that Musk blamed on a cyberattack.














Work

What We Know About Alleged Iranian Hack Against Trump: Roger Stone And
Biden Staff Also Reportedly Targeted - Forbes (No paywall)
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The Federal Bureau of Investigation confirmed to multiple outlets
Monday it is investigating an alleged hack into former President
Donald Trump's campaign, after the campaign said Iran was responsible
for an intrusionâand the agency reportedly believes hackers targeted
the personal email account of Trump ally Roger Stone.

Work

Why U.S. health care cybersecurity laws are better at protecting a
corpse's privacy than patients' lives - STAT (No paywall)
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“We make these incident response plans and we feel great about
them,” Couture, the University of Vermont Health Network chief
information security officer, told other heath care cyber
professionals at a recent conference. “At the end of them, they have
a box that usually says something like, ‘And then IT recovers the
systems.’”














Work

Ground Your DEI Efforts in Data - Harvard Business Review (No paywall)
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In this episode, DEI strategist and consultant Lily Zheng explains why
data-driven efforts are everything. The way people make lasting
progress on diversity, equity, and inclusion is to measure outcomes.

Work

RFK Jr. blocked from appearing on New York presidential ballot
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Robert F. Kennedy Jr. was blocked from appearing on New York's
presidential ballot in November after a state Supreme Court justice
found that the independent candidate falsely stated his address on the
petitioning documents required to appear on the state's ticket.














Work

Iraq militia warns US and Israel over "unified" strike by Iran and
allies
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An Iraqi militia fighting under the banner of the Islamic Resistance
in Iraq has shared with Newsweek warnings for both Israel and the U.S.
as the region awaits the response of Iran and its allies for two
high-profile assassinations.

Work

Violent crime is plummeting. Why?
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Overall, violent crime dropped by 6 percent and homicides fell by 17
percent in 69 cities compared to the same period last year. Columbus,
Ohio, saw the biggest drop in violent crime at 41 percent, according
to an Axios data analysis. But cities including Miami, Washington, DC,
and Austin, Texas, also saw large declines. Notably, New York City was
not included in the data, though other reports have indicated that
violent crime is falling there, too.














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The Backstory Behind 'Not Ready to Make Nice' by The Chicks
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The hit song “Not Ready to Make Nice” by The Chicks (formerly
known as the Dixie Chicks) has been making the rounds on TikTok over
the past couple of weeks after conservative users posted videos with
the song to rally against Vice President Kamala Harris’ bid for the
2024 presidential election and express support for the Republican
Party.

Work

Wildfires Scorch Over a Million Acres in Oregon: Authorities
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PORTLAND, Ore. — Wildfires in Oregon have burned more acres of land
in 2024 than in any year since reliable records began, authorities
said Friday, with the mid-August peak of fire season still on the
horizon.













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Blackstone sells 3,000 homes worth 405m to UK's biggest pension fund
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Institutional investment in UK housing is still small compared with
the US and continental Europe, and makes up just 2% of the total
rented stock, compared with more than 35% in Germany and the US,
according to Savills.

Work

1 Unstoppable Stock Set to Join Nvidia, Apple, Microsoft, Amazon,
Alphabet, and Meta in the $1 Trillion Club
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Warren Buffett's investment conglomerate, Berkshire Hathaway, could be
the first non-technology company in America to join the $1 trillion
club.

Work

Meet the billionaire media mogul who's taking on the food industry
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   [[link removed]}&lead=419599&emailid=48991&nl=daily]
“I want people angry,” said Wagner, who is worth an estimated $1.9
billion. “This is an indictment of the food companies that have
tainted our food supply, and now we wake up 50, 60 years later with a
nation that is unhealthy.”

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Ancient Greece was the trendsetter for medical tourism - History (No
paywall) [[link removed]}&lead=419599&emailid=48991&nl=daily]  
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Would you fly to Turkey for a hair transplant or trek to a natural
thermal spring for a therapeutic dip? Medical tourism may seem like a
modern trend, but people have been traveling long distances to receive
health care for thousands of years. In the ancient Greek and Roman
worlds, ailing people made pilgrimages to special sanctuaries called
asklepieia dedicated to the physician-demigod Asklepios (or
Asclepius), in the hopes of finding healing. 

Work

Patriotism is replacing purpose in American business - The Economist
(No paywall) [[link removed]}&lead=419599&emailid=48991&nl=daily]  
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What are companies for? Five years ago the Business Roundtable, a
coven of American chief executives, overturned orthodoxy on this
question. For decades company bosses had agreed that their mission was
to make their shareholders richer. Doing good meant doing well. More
precisely, it meant raising their firm’s share price. Such a narrow
measure of success, it was argued, would keep managers focused and
honest.

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Why a Tax-Free-Tips Rule Is Gaining Steam Across the Political Divide
- Inc.com (No paywall) [[link removed]}&lead=419599&emailid=48991&nl=daily]  
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On Saturday during a campaign rally in Las Vegas--where many casino
workers rely on tips as part of their wages--the vice president
floated a new policy idea: tax-free tips. "It is my promise to
everyone here, when I am president, we will continue our fight for
working families of America, including to raise the minimum wage and
eliminate taxes on tips for service and hospitality workers," Harris
told a crowd of supporters at the University of Nevada, Las Vegas.

Work

How a New Rule Will Make Hitting 'Unsubscribe' Easier - Inc.com (No
paywall) [[link removed]}&lead=419599&emailid=48991&nl=daily]  
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In the name of consumer protection, a slew of U.S. federal agencies
are working to make it easier for Americans to click the unsubscribe
button for unwanted memberships and recurring payment services.

Work

The fight over Jordan Chiles's bronze medal is barely about gymnastics
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   [[link removed]}&lead=419599&emailid=48991&nl=daily]
That medal was initially awarded to American gymnast Jordan Chiles.
Chiles, who won gold with the US team in Paris, placed third in the
floor event finals on August 5 — what feels like eons ago in Olympic
time. But this past Saturday, on the eve of the final day of the
Games, the International Olympic Committee asked Chiles to give back
her bronze, giving it to runner-up Romanian Ana Barbosu.

Work

Super Micro Computer: 3 Reasons to Buy, 3 Reasons to Sell
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Bank of America is an advertising partner of The Ascent, a Motley Fool
company. Leo Sun has no position in any of the stocks mentioned. The
Motley Fool has positions in and recommends Advanced Micro Devices,
Bank of America, and Nvidia. The Motley Fool has a disclosure policy.

Work

Salmon Farms in Patagonia Face Growing Opposition
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It’s an economic success story in which U.S. consumers play a
leading role, eating more Chilean salmon than ever before; 2022 was a
record year, according to the U.S. Department of Agriculture. Most of
the farmed salmon eaten in the United States comes from overseas, with
almost half from the fjords of Chile.

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The Activist Left Doesn't Want a Hero. But Does It Need One?
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   [[link removed]}&lead=419599&emailid=48991&nl=daily]
For years, Americas left has been wary of charismatic figureheads. But
a movement without leaders has its limits.

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Opinion | How a Supposedly Scientific Report Became a Weapon in the
War on Trans Kids
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This argument has been floating around conservative circles in the
United States for some time, and some European government health care
systems have embraced it, too, with some limiting access to
gender-affirming care for young people, citing doubts about the
evidence supporting it. The argument has been supercharged in recent
months by an unlikely ally on the other side of the Atlantic Ocean:
the British pediatrician Hilary Cass.

Work

Musk Tees Up Softball Questions for Trump on X, After Technical
Problems
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Early in the evening, Mr. Musk — who shares with Mr. Trump a
contempt for the mainstream media — was clear that he was not
conducting an “adversarial” interview but wanted to help
“open-minded, independent voters” simply “catch a vibe.”

Work

Ukraine says it has seized 1,000 sq km in Kursk offensive as Putin
vows 'worthy response'
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Middle East crisis live: Retaliation against Israel over killing of
Hamas's political leader a 'right', Iran president says
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142 people have been killed and 150 others have been injured by
Israeli strikes in Gaza in the past 48 hours, the Palestinian health
ministry has said, as the overall death toll from the war nears
40,000. On Monday, the health ministry said 39,897 Palestinians have
been killed and 92,152 have been injured in Israel's military
offensive on Gaza since 7 October.

Work

War halts IVF treatment in Gaza as parents mourn 'miracle' children
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Khaled's father was in Turkey at the time and could not return to Gaza
to bury his only son. Amal carries a scar by her eye, a constant
reminder of the night she lost the son she had fought so hard to bring
into the world.

Work

Former Tory minister says leadership hopefuls 'too frightened of party
membership' ? UK politics live
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Work

Grocery price inflation in Great Britain rises for first time in 17
months
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Asda reported a 5.3% decline in sales at established stores for the
three months to the end of June last week. Its chair, the veteran
retailer Stuart Rose, said he was “embarrassed” by the
supermarket’s market share retreat and called on its co-owner Mohsin
Issa to take a step back from the day-to-day running of the retailer.

Work

Ministers to 'slow down' mental health changes after Valdo Calocane
report
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In response to the CQC report, Streeting said: "I want to assure
myself and the country that the failures identified in Nottinghamshire
are not being repeated elsewhere. I expect the findings and
recommendations in this report to be considered and applied throughout
the country so that other families do not experience the unimaginable
pain that Barnaby, Grace and Ian's family are living with."

Work

Banksy rhino artwork in London defaced with graffiti tag
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A spokesperson for the corporation said: “We have moved the artwork
to Guildhall Yard to ensure it is properly protected and open for the
public to view safely. A permanent home for the piece will be decided
in due course.”

Work

Jobs market uncertainty causes headache for Bank of England rate
setters
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The curate’s egg nature of the latest ONS figures – good in parts
– means they are not much help for the Bank’s interest-rate
setters as they contemplate what to do with borrowing costs. They do,
however, highlight some important issues that government ministers –
Reeves, and the work and pensions secretary, Liz Kendall, in
particular – need to address.

Work

Familiar vitriol, and Musk the enabler: key takeaways from Trump's X
interview
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But in the end, the softball format seemed like it was aimed more at
those who had already bought into Trump and Musk's rightwing politics.
At the end, Musk told Trump he was "on the right path".

Work

Trump revisits most divisive talking points in rambling interview with
Musk
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Before the conversation between Musk and Trump, a senior EU figure
warned Musk against possible “amplification of harmful content”.
In a letter posted on X, Thierry Breton, commissioner for internal
market of the European Union, urged Musk to “ensure X’s
compliance” with EU law, including the Digital Services Act, adopted
in 2022 to address a number of issues including disinformation.

Work

'No-car Games': Los Angeles readies for its 2028 Olympics closeup
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Elon Musk's X suffers tech failures at start of Donald Trump interview
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After Musk purchased Twitter for $44bn in 2022 and renamed it X, he
gutted the staff, leaving just 20% of employees, with skeleton crews
in place in key areas such as site reliability. In November of that
year, he reinstated Trump, who had been banned from Twitter after the
January 6 Capitol attack. Advertisers have fled amid a documented rise
in hate speech on the social network. The billionaire has touted X as
riding the cutting edge of politics and freedom of speech.

Work

Plug Power's Problems Persist. Should Investors Throw in the Towel on
the Stock?
[[link removed]}&lead=419599&emailid=48991&nl=daily]  
   [[link removed]}&lead=419599&emailid=48991&nl=daily]
Stock Advisor provides investors with an easy-to-follow blueprint for
success, including guidance on building a portfolio, regular updates
from analysts, and two new stock picks each month. The Stock
Advisor service has more than quadrupled the return of S&P 500 since
2002*.

Work

Prediction: 2 Stocks That Will Be Worth More Than Microsoft 10 Years
From Now
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[[link removed]}&lead=419599&emailid=48991&nl=daily]  
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Randi Zuckerberg, a former director of market development and
spokeswoman for Facebook and sister to Meta Platforms CEO Mark
Zuckerberg, is a member of The Motley Fool's board of directors. Harsh
Chauhan has no position in any of the stocks mentioned. The Motley
Fool has positions in and recommends Advanced Micro Devices, Meta
Platforms, Microsoft, and Nvidia. The Motley Fool recommends the
following options: long January 2026 $395 calls on Microsoft and short
January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure
policy.

Work

ExxonMobil Is a Rock-Solid Dividend Stock, but So Are These High-Yield
Stocks That Are Down Between 4% and 15% Over the Last Year
[[link removed]}&lead=419599&emailid=48991&nl=daily]  
[[link removed]}&lead=419599&emailid=48991&nl=daily]  
[[link removed]}&lead=419599&emailid=48991&nl=daily]
Daniel Foelber has no position in any of the stocks mentioned. Lee
Samaha has no position in any of the stocks mentioned. Scott Levine
has positions in Brookfield Renewable. The Motley Fool has positions
in and recommends Brookfield Renewable, Chevron, and S&P Global. The
Motley Fool recommends Brookfield Renewable Partners. The Motley Fool
has a disclosure policy.

Work

Meet the Virtually Unknown 11%-Yielding Dividend Stock I Want to
Triple My Stake in if the Stock Market Crashes
[[link removed]}&lead=419599&emailid=48991&nl=daily]  
[[link removed]}&lead=419599&emailid=48991&nl=daily]  
[[link removed]}&lead=419599&emailid=48991&nl=daily]
Stock Advisor provides investors with an easy-to-follow blueprint for
success, including guidance on building a portfolio, regular updates
from analysts, and two new stock picks each month. The Stock
Advisor service has more than quadrupled the return of S&P 500 since
2002*.

Work

Here's the Magnificent Seven Stock I'm Loading Up On During the
Current Market Sell-Off
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   [[link removed]}&lead=419599&emailid=48991&nl=daily]
Big tech stocks have had a rough recent period, but this company is
built to withstand any issue that comes its way.

Work

US Futures Rise as Investors Await Inflation Data: Markets Wrap
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The crackdown is beginning to take a toll on corporate debt markets,
as the average yield for one-year corporate yuan bonds with AA ratings
— typically considered junk debt in the onshore market — saw the
largest jump since December 2022.

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Futures rise as PPI set to kick off data deluge
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Roger Federer-backed On Holding beat analysts' estimates for
second-quarter revenue on Tuesday on strong demand from customers
looking for trendy products, but shares fell nearly 9% premarket after
the company reiterated its annual sales forecast.

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Stock Market Sell-Off: Here Are 3 Stocks I'd Love to Buy at a Discount
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Matt Frankel has positions in Digital Realty Trust, Dream Finders
Homes, and Ryman Hospitality Properties. The Motley Fool has positions
in and recommends Digital Realty Trust and Dream Finders Homes. The
Motley Fool recommends Ryman Hospitality Properties. The Motley Fool
has a disclosure policy.

Work

Grayscale Predicts Growth in Crypto ETFs with New Asset Types
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Since their launch, crypto ETFs have experienced substantial demand,
driven partly by adoption from major financial institutions. Lavalle
emphasized the scale of this interest, citing over $15 billion in
inflows, tripling the largest one-year ETF inflow in history.

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