World
Nepal remains devastated by deadly floods as the UN alerts on an El Niño of exceptional intensity.
Deadly floods in Nepal: toll and search operations
Nepal
More than a week after the devastating floods in the Himalayas, the death toll exceeds 1250 and nearly 4875 people remain missing, including 583 foreigners. Nepalese authorities are conducting DNA tests to identify bodies and organizing symbolic funerals for the missing.
Why it matters. This cross-border disaster affects many foreign nationals and raises questions about the vulnerability of the Himalayan region to climate change.
The UN alerts on an El Niño of exceptional scale
The World Meteorological Organization has warned that the El Niño phenomenon is now firmly established and should become a very high intensity phenomenon in the coming months. Sri Lanka is already suffering an unprecedented drought for more than thirty years, with dry wells and plummeting agricultural revenues.
Why it matters. An El Niño of this intensity can disrupt the economies and water supply of several continents simultaneously.
Violence linked to rumors on social media in Africa
More than 80 people have been killed in mob violence fueled by rumors spread on social media, according to a BBC investigation conducted in six African countries.
Why it matters. The phenomenon illustrates a transnational risk of online disinformation causing deadly violence in multiple countries.
Flooding in eastern China
China
Torrential rains have caused severe flooding in several regions of eastern China, sweeping vehicles through the streets.
Why it matters. These weather events are part of a series of extreme climate events affecting Asia this season.
Violent storm in Toronto
Canada
A powerful storm struck Toronto, cutting electricity to tens of thousands of homes, causing severe flooding and forcing the cancellation of flights at Pearson airport.
Why it matters. The event affects a major air hub in North America and illustrates the multiplication of extreme weather episodes.
Geopolitics
Iran strikes American bases in Kuwait and the UAE amid escalation with Washington, while Russia and Germany intensify their tensions.
Open military escalation between Iran and the United States
IranKuwait
Iran attacked Thursday American bases in Kuwait and the United Arab Emirates with missiles and drones, in response to American strikes that killed 18 according to Iranian press, including four at a wedding in Kuhestak. Iran also targeted a Saudi tanker in the Strait of Hormuz, killing two Philippine sailors, and warned the United States against any Israeli offensive in southern Lebanon.
Why it matters. This direct escalation between Iran and the United States, with strikes on third countries in the Gulf, raises the risk of a wider regional war involving multiple states.
Netanyahu reaffirms the maintenance of Israeli army in Gaza
Israel
On a visit to the Gaza Strip, Benjamin Netanyahu affirmed that the Israeli army would not withdraw from the territory, less than two months before legislative elections in Israel.
Why it matters. This statement confirms the continuation of Israeli military occupation in Gaza with no announced withdrawal perspective.
Germany-Russia tensions after a thwarted drone attack
GermanyRussia
The European Union and NATO have promised to increase pressure on Russia after what Berlin describes as an attempted Russian drone attack against Leipzig airport. In retaliation for German sanctions, Russia announced the closure of Goethe-Institut cultural centers in Moscow, Saint Petersburg and Yekaterinburg.
Why it matters. This diplomatic escalation between two major European powers adds to tensions already high since the invasion of Ukraine.
Massive Russian strikes on thirteen Ukrainian regions
UkraineRussia
Ukrainian president Volodymyr Zelensky denounced a new escalation after nighttime Russian strikes hitting thirteen Ukrainian oblasts, including Kyiv. Zelensky also warned that Russian airspace was becoming extremely dangerous due to Ukrainian drones, which led the UN agency for civil aviation to call for protecting aircraft flying over the zone.
Why it matters. The intensification of strikes and near-continuous air alerts in Kyiv illustrates a worsening of the conflict that has lasted since February 2022.
Political crisis in Spain over Ceuta and Morocco's role
SpainMorocco
A Spanish police report contradicts the version of Pedro Sánchez's government on Morocco's role during the massive influx of migrants to Ceuta in late July, evoking total permissiveness by Moroccan forces. Sánchez affirmed before Parliament that no solid evidence establishes that Morocco orchestrated this exodus, despite demonstrations in several Spanish cities.
Why it matters. This affair weakens the Spanish government and revives diplomatic tensions with Morocco over the management of migrant borders.
Energy agreement between Venezuela and multinationals
VenezuelaUnited States
Under the supervision of American Secretary of Energy Chris Wright, Venezuela signed energy agreements worth several tens of billions of dollars with multinationals in Caracas, under pressure from Trump. The latter also declared that Venezuela was not ready to organize elections, without setting a timeline.
Why it matters. This agreement marks a strategic rapprochement between Washington and Caracas in the energy sector, with implications for global oil markets.
Markets
Global markets remain calm, with slight variations on major indices and a notable rise in gold.
Gold continues its advance, driven by distrust of the United States
NetherlandsUnited States
The price of gold climbed 2.63% to 4481 dollars. Several European central banks, including that of the Netherlands, have repatriated part of their gold reserves stored in the United States, a movement attributed to growing distrust of the reliability of the American ally.
Why it matters. This repatriation of reserves by central banks reflects a reconfiguration of international confidence in the United States as guardian of reserve values.
Rise in sovereign borrowing rates in major economies
France
The rates at which major world powers borrow are reaching peaks, raising the cost of state debt as financing needs have never been higher. France is particularly under pressure on this front.
Why it matters. This rise in rates affects all Western democracies and complicates the management of public finances in a context of high debt.
Europe closes its doors to Brazilian meats
Brazil
Since September 3, Brazilian beef and poultry can no longer enter the European Union, a health ban that constitutes a first test for the Mercosur trade agreement.
Why it matters. This decision puts to the test the trade agreement between the European Union and Mercosur countries, with repercussions on transatlantic agricultural trade.
The IMF announces a 2.2 billion dollar aid program for Senegal
Senegal
The International Monetary Fund announced an aid program of approximately 2.2 billion dollars for the period 2026-2029 in favor of Senegal, whose debt reaches 132% of gross domestic product.
Why it matters. This international financial support aims to stabilize the economy of a country in budgetary difficulty, with implications for West African regional stability.
Traffic restrictions at the Panama Canal due to El Niño
Panama
Facing a drought aggravated by El Niño, the Panama Canal has triggered its first traffic restrictions, reducing the number of ships authorized to transit.
Why it matters. This limitation poses a new threat to global supply chains that depend on this strategic maritime route.
Uber cuts approximately 10% of its global workforce
United States
Uber will cut 3300 positions, approximately 10% of its global workforce, to simplify its organization and accelerate its shift towards robotaxis.
Why it matters. This restructuring of a major global company in the transport sector reflects economic changes linked to automation.