No Emmys This Year?

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What’s Wow? UPS drivers' pay is set to average $170,000 annually after a 5-year deal with the Teamsters Union. The new pay grade rivals the average earnings of UPS drivers who are now cruising in the same salary lane as software developers and finance directors, post the announcement, its searches have spiked by over 50%.😲

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📈 Consumer Prices Jump 3.2% in July, First Rise in 13 Months

U.S. Consumer Price Index (CPI) increased 3.2% year-over-year in July, driven by shelter costs. Monthly core CPI, excluding food and energy, rose 0.2%. Economist Sung Won Sohn stated "It is time for the central bank to stop its campaign to beat inflation, it should wait and see for a while." advocating caution for the future as President Biden acknowledged the slowing inflation while expressing economic optimism.

📉 World Trade Plunges into Recession

Export declines hit major nations, with South Korea and India leading at 16% drops in July and June. Amidst trade tensions, China's 9.2% July decline aligns with regional trends. U.S. imports shrank by 9.9% YoY in June. Following the 2021-22 inflation spike, global export prices slide into deflation. Meanwhile, a previous semiconductor shortage has evolved into an oversupply, slashing chip prices.

🌍 Niger Coup: West African Bloc Readies Force for Intervention

ECOWAS, composed of West African heads of state, contemplates actions, including potential military intervention, in response to Niger's recent coup. Nigeria's President Bola Tinubu asserts that using force would be a last resort whereas Ivory Coast's leader emphasizes, "These putschists must go." However, analysts highlight that assembling a regional force could take weeks.

🗳️ Modi Triumphs in No-Trust Vote Amid India's Ethnic Unrest

In India, Prime Minister Modi's government overcame a no-confidence vote and criticized the vote as an opposition ploy to "defame India." The opposition sought Modi's response to the violent ethnic clashes in Manipur, where over 150 died. After a distressing video emerged, Modi finally addressed the violence, pledging unity and peace. He rebuked the opposition for politicizing the issue and undermining national confidence. This marks Modi's second triumph in a no-confidence motion since 2014.

🚀 Russia Launches Luna 25 Mission to Moon

Russia launched its first moon-landing spacecraft, Luna-25, in 47 years aiming for a soft landing on the lunar south pole to possibly find water ice. The launch from the Vostochny Cosmodrome marks Russia's race against India, the U.S., and China in lunar exploration. Yuri Borisov, Russia's space chief, expressed hopes for the craft's successful soft landing on Aug. 21, stating, "We hope to be first." The mission, also symbolic of Russia's resilience amid Western sanctions, will probe the moon for at least a year, with a core goal to detect water in the landing area.

🔒 Google Halves Chrome's 'Patch Gap' for Enhanced Security

Google is now releasing Chrome security updates weekly, which was bi-weekly earlier to combat rising vulnerabilities and thus target a reduced "patch gap". Its open-source nature makes it vulnerable to zero-day flaws, the period between detecting and fixing a vulnerability. Despite the accelerated update pace, users play a crucial role—promptly applying updates is important.

🚫 Middle East bans 'Barbie' movie due to LGBT+ content

Greta Gerwig's "Barbie," grossing over $1bn worldwide, faces bans in parts of the Middle East, including Kuwait citing "ideas and beliefs" foreign to its society, and while Lebanon's culture minister echoed similar concerns, over themes of gender, feminism, and sexuality. While it's been shown in the UAE, Saudi Arabia, Qatar, and Bahrain.

📅 Emmys 2023 Rescheduled to Martin Luther King Jr. Day 2024

The 75th Emmy Awards telecast has been rescheduled to air on Martin Luther King, Jr. Day in January due to the ongoing writers’ and actors’ strikes in Hollywood. Historically held in September, the decision comes after last month's announcement of its postponement. The ceremony will broadcast live from LA's Peacock Theater, with "Succession" and "The Last of Us" leading the nominations. The show will air 8-11 p.m. EST on Fox.

⚽ FOX Secures Exclusive U.S. Cable Rights for Saudi Soccer League

FOX Sports has acquired the U.S. media rights for Saudi Arabia's top soccer league, the Saudi Pro League, for the season starting this Friday through May 2024, with broadcasts in both English and Spanish. The league's increasing global outreach includes media deals in the UK, Germany, Austria, France, and Africa. Big signings like Karim Benzema and Cristiano Ronaldo highlight the league's ambition, but its heavy sports investments face scrutiny, with accusations of "sportswashing" to divert attention from human rights controversies

🇺🇸 Biden seeks $40 billion for Ukraine, disaster aid, border

The Biden administration has requested a $40 billion package from Congress, with $21 billion earmarked for Ukraine's defense ($13 billion) and humanitarian aid ($8 billion) amidst the Russian invasion. This move aims to demonstrate the U.S.'s commitment to Ukraine and global democracy, as highlighted by White House budget director Shalanda Young who cited, "commitment to the Ukrainian peoples’ defense of their homeland and to democracy around the world”. The package also addresses domestic disaster relief and border enforcement.

🔥 Maui Wildfires Claim 53 Lives, Decimate Communities

Maui is grappling with devastating wildfires that have claimed 53 lives and obliterated the historic neighborhood of Lahaina, a major tourist spot. Gov. Josh Green is labeling it "the largest natural disaster in Hawaii’s state history." Green, reflecting on the catastrophe, said, "All of us will have a loved one... that lost a house, that lost a friend." The scale of the damage is still unfolding, with an estimated "upwards of 1,700 buildings" destroyed and disruptions in power and cell services hampering relief operations. The severity of these wildfires was intensified by strong winds from Hurricane Dora.

😔 US Suicides Reach Record High Last Year

U.S. suicides reached a record high in 2021, with 49,500 reported cases, the highest since World War II, according to the Centers for Disease Control and Prevention (CDC). While the causes are multifaceted, experts emphasize the role of increased gun availability. “I don’t know if you can talk about suicide without talking about firearms,” said Jill Harkavy-Friedman from the American Foundation for Suicide Prevention. Although suicides in adults ages 25-44 rose, there was an 8% decline in suicides among those aged 10-24.

On August 11, 1919, Friedrich Ebert started Germany's first parliamentary democratic government by signing the Weimar Constitution. Amidst the tumult post-World War I, a fatigued nation transitioned from a military dictatorship to a parliamentary system. But challenges soon let Hitler's group take over.

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