Breakfast News Recap: Floods, war and trade tensions dominate as markets end mixed

Nepal and the Tibet border are facing a deepening disaster after flash floods and a glacier collapse devastated villages along the Trishuli River, destroyed roads, bridges and communications, and left rescue crews cut off from many communities. Families of Australians missing in the floods say the number unaccounted for has risen to 41 as they continue to seek information.  🔗  🔗  🔗

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In eastern Democratic Republic of the Congo, the Ebola outbreak has spread to the Biena and Manguredjipa health zones, taking the total number of affected zones to four as cases and deaths rise. Health officials are also dealing with a separate crisis in Niger, where sustained gunfire and explosions were reported across parts of the capital Niamey early on Saturday.  🔗  🔗

The war in Ukraine remains intense, with Western officials saying Russia is losing about 6,000 more troops each month than it can recruit, even as Moscow steps up strikes on Ukrainian targets. Kyiv has reinforced Donetsk as Russian forces press Sloviansk and continue infiltration attempts around Kostiantynivka, while President Volodymyr Zelenskyy has ordered a major escalation in long range drone strikes on Russia.  🔗  🔗  🔗

In the Middle East, Israeli strikes in Jenin killed three Palestinians in the occupied West Bank, while separate strikes across Gaza killed at least five people, including three members of one family. The ceasefire in Gaza is under renewed strain, with Nicolay Mladenov warning it could collapse if both sides fail to follow the agreed roadmap, and OCHA saying Israeli attacks killed four children and destroyed humanitarian aid supplies during a deadly week.  🔗  🔗  🔗  🔗

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Elsewhere in the region, the Trump administration is said to be planning not to renew security aid for Iraq’s Kurdistan region, and Syria has appointed former Syrian Democratic Forces commander Mazloum Abdi as an adviser to President Ahmad al Sharaa after the force dissolved. In the Gulf of Aden, Somali piracy has surged again after two cargo ships were seized within four days, raising fresh concern for shipping.  🔗  🔗  🔗

Across Europe, Berlin has said it will not pay hackers after a breach that compromised municipal systems and stole data, while EU gas storage has fallen to a 13 year low, fuelling fears of winter price volatility. Icelanders are voting on whether to restart EU accession talks amid Arctic security concerns, Spain has asked the EU for help to process about 5,000 migrants in Ceuta, and Guinea Bissau is voting on a constitutional overhaul that would strengthen the presidency.  🔗  🔗  🔗  🔗  🔗

In the Americas, Donald Trump said the United States has struck a Venezuela oil agreement that would give Washington majority control of more than 65 billion barrels of reserves, and separately highlighted falling goods and services deficits while insisting tariffs have not hurt exports. The trade dispute with Canada has escalated after Washington imposed 50 percent tariffs on $20bn of Canadian goods, and the UN Security Council has called an emergency meeting on Haiti after deadly gang attacks.  🔗  🔗  🔗  🔗

US law enforcement and courts also featured prominently, with a Florida resident convicted over an aircraft parts export scheme to Russia, the United States extraditing an alleged Tren de Aragua leader to Chile, a Washington DC man sentenced to five years for assault, a Kentucky woman indicted over vandalism at the World War II Memorial, prosecutors filing 71 border related cases in Southern California, and a former Houston police officer pleading guilty in the Harding Street raid case.  🔗  🔗  🔗  🔗  🔗  🔗

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In Asia Pacific, Cambodia says it has eradicated the scam compounds that made parts of the country a cybercrime hub, although rights groups remain sceptical.  🔗

Financial glimpse

Wall Street finished mixed, with the Nasdaq, Dow and S&P 500 higher but small caps lagging, as megacap tech supported the session while gold, silver, chips and several cyclical groups retreated.  🔗

Sources in this recap

360LiveNews Recap 360LiveNews Recap | 29 Aug 2026 08:35 LONDON
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