Writing the summary…
France is ‘putting the house in order’ and can slash deficit to 3% in three years, central bank governor tells CNBC
Source: CNBC
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CNBC
What to know about Starshield, SpaceX's military-focused Starlink service
Elon Musk distinguished Starshield from Starlink, which he said could not be used for offensive military operations.
CNBC
Nvidia must work with Chinese AI companies on safety, Jensen Huang tells CNBC
Huang told CNBC he has ongoing "dialogs" with researchers in China.
The Guardian
Chancellor John Healey says banks are part of ‘jewel in the crown’ of UK economy, amid budget tax speculation – business live
John Healey has spoken to UK journalists at the IMF annual meeting in Bangkok, and said banks are a part of the “jewel” in the UK’s economic crown Today’s better-than-forecast UK growth report is good news for chancellor John Healey as he hobnobs with other finance ministers at the IMF meeting in Bangkok. But it may encourage the Bank of England to raise interest rates as soon as its next meeting in November…. “While August’s unexpected uptick all but confirms that the OBR will raise its growth forecast for this year from 1.1% to 1.4%, the Chancellor still faces a major Budget headache, as elevated borrowing costs eat into fiscal headroom and increase pressure for tax rises. “These unexpectedly upbeat figures will further embolden hawkish sentiment among policymakers by reinforcing the view that the economy is strong enough to withstand a rate rise, making a November hike look highly lik
CNBC
Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest economic challenge
Treasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of financing $2 trillion deficits.
CNBC
U.S. reportedly considers use of 'mother of all bombs' as Iran vows to fight on
The U.S. military has reportedly drawn up options for strikes on Iran that include the potential use of one of the biggest non-nuclear bombs in its arsenal.
CNBC
Ukraine to resume strikes on Russian refineries, shattering hopes of an 'energy ceasefire'
Ukraine will now resume attacks on Russian energy targets after Moscow hasn't held up its end of the proposed deal brokered by Trump.