News
Indian Prime Minister Narendra Modi met Russian President Vladimir Putin in Bishkek during the 26th Shanghai Cooperation Organisation Summit. The August 31 meeting covered political ties, trade, defence, energy, space, mobility and contacts between people. Modi and Putin also discussed regional conflicts and cooperation through major multilateral forums. The talks marked their first in-person meeting of 2026 and continued a series of high-level exchanges between India and Russia.
Egypt and China mark 70 years of diplomatic relations with President Xi Jinping’s visit to Cairo. The agenda includes talks on strengthening bilateral relations and the Comprehensive Strategic Partnership established in 2014. Economic ties have seen significant growth, with trade reaching $11.3 billion in the first half of 2026. Egyptian exports to China include fuels, vegetables, fruit, cotton, and phosphates, while Chinese investment spans projects in the Suez Canal Economic Zone, the New Administrative Capital, and electric transport infrastructure in Cairo.
The report says almost 19% of the world’s children now live in conflict zones. That compares with about 10% during the 1990s. By the end of 2024, conflict and violence had displaced 48.8 million children worldwide. The total was nearly triple the roughly 17 million recorded in 2010. It includes refugee and asylum-seeking children, along with millions uprooted within their own countries by conflict and violence. Climate hazards are adding another layer of risk for children around the world. Nearly half of all children, or 1.1 billion, face at least three overlapping climate hazards. Almost every child faces at least one such hazard, according to UNICEF’s 2026 climate risk assessment. More than 4 million children face as many as six overlapping threats. The hazards include drought, extreme heat, heatwaves, floods, fires, tropical storms and sand and dust storms.
Economic cooperation formed a major part of the talks. Bilateral trade reached $1.3 billion in 2025, up 33%, according to the Uzbek government. Both countries set a target of raising annual trade to $5 billion by 2030. The number of joint ventures has increased sevenfold in recent years. India and Uzbekistan also have 14 direct flights each week, while four Indian universities currently operate in Uzbekistan. The leaders called for broader industrial and business links.
Business
Fuel costs remained a major source of price pressure during the month. Petroleum product prices climbed 14.2% from a year earlier, though the increase slowed from July. Diesel prices jumped 19.6%, while gasoline prices rose 11.5%. Petroleum products added 0.54 percentage point to annual consumer price growth. South Korea relies heavily on imported energy, leaving domestic fuel costs sensitive to changes in global energy markets.
Sports
Messi said he reached the decision after extensive consideration following Argentina’s 2026 World Cup final against Spain. He wrote his retirement message on July 21, two days after the final in New Jersey. Messi later said the death of his father, Jorge Messi, in August reinforced his decision to publish the message. He described leaving the national team as painful while stressing the pride he felt representing Argentina. Messi also thanked teammates, coaches, family members and supporters who accompanied him throughout his international career.
Health
Health authorities in the Democratic Republic of the Congo launched a targeted Ebola vaccination campaign in Kisangani, the capital of Tshopo Province, in an effort to curb the country’s deadliest outbreak of the disease on record. Frontline healthcare workers, emergency response personnel, and individuals who have had direct contact with confirmed cases are being prioritized during the initial phase of the deployment. Health Minister Roger Kamba confirmed that the government initiated the immunization campaign utilizing doses of the Ervebo vaccine to safeguard frontline personnel operating across impacted eastern provinces.
Technology
Japan is expanding its fight against investment fraud with a new system that uses artificial intelligence to spot warning signs earlier. The Consumer Affairs Agency announced the package on September 1. It will analyze consumer complaints for language and patterns linked to fraudulent schemes and failing businesses. The package says AI will supplement existing keyword searches and support earlier alerts, investigations and enforcement when complaint data indicate serious risks.
Automotive
German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the company to approximately 9,000 positions, representing roughly 21 percent of its 42,066 workforce. Company leadership confirmed that Porsche to cut 5,000 more jobs under restructuring plan negotiations following months of talks between management and labor councils. The initiative aims to bolster operational efficiency as the vehicle producer confronts declining market share in Asia, elevated global tariffs, and sluggish demand for electric vehicles.