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‘All signs’ pointing to ‘major escalation’ on world stage just ahead of midterms: expert

Foreign policy expert Trita Parsi issued a dire warning Sunday that “all signs” were pointing to a “major escalation” in the U.S. war against Iran, one that “may very well” occur next month.“All signs point to a major escalation between the US, Iran and Israel. And it may very well be initiated by Tehran itself a week or two before the midterm elections,” Parsi wrote Sunday in a statement published on social media. “Iran’s pattern of behavior suggests preparation for that war, including how they are clearing the path for even more effective strikes against Israel.”The U.S. war against Iran has seen few direct exchanges of fire since July, a trend that was broken last week after Iran responded to a wave of U.S. strikes by attacking U.S. allies Jordan and Bahrain. On Saturday, the United States struck three Iranian oil tankers, an attack that Iran’s parliament speaker vowed Sunday to answer with a "more intense and more painful response,” CBS News reported.And yet, Iran’s response to U.S. attacks, as previously noted by Parsi, has been comparatively reserved, suggesting Tehran may be waiting for a more “optimal moment to strike back.” That moment, Parsi previously theorized, could be “two or three weeks before the congressional elections, maximizing the political damage to Trump.”Should a “major escalation” in war occur, Parsi also warned that it was likely Israel would play a larger direct role in the conflict.“While the US kept Israel out of the second round of war because Washington feared Israel would escalate beyond what the US believed was manageable, Trump may, in this third round, see himself far more aligned with Israel’s desire for a far larger war,” Parsi wrote.I just completed our eighth Q&A with subscribers, and I fear I left folks quite worried and depressed.But I was being honest: All signs point to a major escalation between the US, Iran and Israel. And it may very well be initiated by Tehran itself a week or two before the…— Trita Parsi (@tparsi) September 6, 2026

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Trump official trips over own message on contradictory media tour

US Energy Secretary Chris Wright on Sunday denied that the Trump administration was stealing Venezuela’s oil just one hour after boasting that the country is being “forced to work” with the United States.During a Sunday morning interview on ABC News, Wright was asked why he trusted interim Venezuelan President Delcy Rodriguez, given that she was previously the vice president of Venezuelan President Nicolás Maduro, who was abducted by the American military earlier this year and brought to the US to face narco-terrorism, drug trafficking, and weapons charges.“We have a lot of leverage over Venezuela,” Wright explained. “We control the sale of oil outside of their country. So right now, they are forced to work in partnership with us, and they are working in partnership with us.”Shortly after, during an interview on Fox News, Wright grew indignant at the suggestion that the US was forcing Venezuela to give up its oil through threats of military force and other coercive measures.“This is a home run!” Wright said of the Trump administration’s arrangements with the Venezuelan government. “These senators saying we’re stealing their oil at gunpoint, nothing could be further from the truth. In fact, the more oil that’s produced in Venezuela, including with the deal with the US government, the more royalties and tax revenues go to the Venezuelan government and the Venezuelan people.”Venezuelan opposition leader María Corina Machado, who was supportive of the US abducting Maduro, last week criticized the Trump administration for cutting a deal with what she said was still a corrupt and oppressive government in Caracas.“The wealth of our land does not belong to an illegitimate regime,” Machado said in a video posted on social media, “it belongs to the Venezuelan people.”In an analysis published last week, economist Paul Krugman accused the Trump administration of concocting a “plot to steal Venezuela’s oil,” which he described as equal parts “vile and deeply stupid.”The deal is vile, Krugman said, because it validates "everything the Latin American left has ever said about US imperialism” in the region.And it is simultaneously stupid, he argued, because the investments required to improve Venezuela’s oil infrastructure will be so great that its benefits are unlikely to materialize in the near future, if at all.“Venezuelan oil currently sells for around $70 a barrel on world markets,” Krugman wrote. “But as I said, getting that oil out will require huge investments in infrastructure. Nor does Venezuela oil come gushing out when you drill a well: As one expert put it, ‘it comes out of the ground with the consistency of cold peanut butter.’”

The US now has access to more than half Australia’s military bases – could it drag the country unwillingly into war?

Exclusive: US-controlled weapons corporations and forces have control or access to more than 100 facilities across the continent, which some analysts describe as a ‘colonisation’ of Australia’s military. Find a map of them hereUS military presence in Australia, mapped – videoWhy can the US access so many Australian military bases? – podcastUS military interests control or have access to more than 100 defence facilities on Australian soil, in what some analysts describe as a “saturation” – even a “colonisation” – of the Australian continent.New data compiled by the Nautilus Institute and published by Guardian Australia maps the extent of US militarisation. The US military controls 17 facilities on mainland Australia and has access to 75 more Australian-run military installations. US defence corporations have access to an additional 18.Gathering intelligence, accessing satellite data for targeting information and communications intercepts.Training, including for 2,500 marines on dry-season rotation in the Northern Territory.Pre-positioning warfighting assets such as Osprey aircraft.Logistics hubs holding weapons, munitions and fuel, stored in case of a war in the Pacific. Continue reading...

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Jamaican delegates arrive in UK to hand slavery reparations petition to King Charles

Slavery’s legacy continues ‘to deprive our country and our people’, says minister, as group prepares to appeal to Jamaica’s head of stateA landmark petition is to be handed to King Charles by Jamaica over slavery reparations, aiming to confront historical crimes that still disadvantage former British colonies, the Caribbean nation’s culture minister has said.The petition will be lodged with Charles, Jamaica’s head of state, on Monday. Continue reading...

China prepares £40bn stimulus for financial sector amid fears over sluggish growth

Beijing wants banks and insurers to bolster investment in stock market as it helps to replenish cash reservesChina will inject $54bn (£40bn) into its financial sector as Beijing attempts to shore up banks and insurers in the face of faltering economic growth.A host of financial institutions said they were due to receive billions of yuan in capital from state institutions including the ministry of finance and even the company that runs the country’s tobacco monopoly. Continue reading...