Trump: One year ago this summer, I signed landmark legislation known as The Genius Act. I named it after myself.

President Trump: "We're ensuring that America remains the undisputed leader not only in Bitcoin and crypto, but also technologies like prediction markets, artificial intelligence, and much more."

Trump: "Right now, the strait is open. A lot of boats are coming through. People aren't reporting that."

Trump on Strait of Hormuz: It'll either be extremely good and oil prices are going to drop like a rock or we’ll continue to do exactly what we're doing

Footage of a Russian artillery ammunition convoy cooking off after a Ukrainian drone strike, firing off 122mm Grad rockets at nearby Russian positions.

For the first time in U.S. history, the national debt has surpassed $40 trillion. The milestone comes as the federal government has added roughly $2.5 trillion to the debt since the start of fiscal year 2026 on October 1, 2025. According to the Congressional Budget Office, the government borrowed approximately $1.8 trillion during the first 10 months of the fiscal year alone. Based on the Census Bureau’s 2026 population estimate of about 342.7 million, $40 trillion amounts to roughly $116,700 in federal debt per U.S. resident. Meanwhile, the cost of servicing the debt continues to rise. The CBO reported approximately $963 billion in net interest payments during the first 10 months of FY2026—equivalent to more than $3 billion in interest costs every day.

Russia is mounting a massive missile attack against the Ukrainian capital, Kyiv, tonight. Several targets have been already hit, including at least one apartment building.

Footage of a Ukrainian soldier using a German-supplied MG 3 machine gun to shoot down an incoming Russian attack drone at near point-blank range.

The motor tanker Hestia transited the Strait of Hormuz inbound overnight, using the U.S. designated safe route through Omani waters. However, as the vessel approached the United Arab Emirates (UAE), it abruptly reversed course near the same general area that was targeted in an Iranian missile attack yesterday. The Hestia has since moved into an anchorage in the Gulf of Oman off the UAE, where it is currently loitering rather than proceeding back towards the Persian Gulf. The reason the vessel turned around is currently unclear.

Reuters reports that the U.S. and South Korea are cutting the duration and scope of the Ulchi Freedom Shield exercise following President Donald J. Trump’s order to Secretary of War Pete Hegseth to substantially reduce U.S. participation. The exercise, which began Aug. 17, will now end Aug. 21 rather than Aug. 27. The allies are also scaling back some field maneuvers, with portions of the planned second phase reportedly being canceled and some live-fire training events either canceled or shifted to simulations. U.S. and South Korean officials say the changes will preserve the exercise’s essential readiness objectives, while North Korea has condemned the drills as provocative regardless of their reduced size. On Sunday, President Trump took to Truth Social to order the reduction citing his “very good relationship” with Kim Jong Un, while Reuters reports that the administration is also seeking to reopen direct diplomacy with Pyongyang. The Wall Street Journal has reported that Trump’s aides are pushing for a meeting with Kim as early as this fall. South Korean officials said they were not informed in advance of President Trump’s order.

Ukrainian attack drones struck Russia’s Ufa Oil refinery this morning, setting the facility on fire. The strike reportedly damaged support equipment for the refinery’s main AVT-6 refining unit.

The Ukrainian Air Force continues its summer campaign to knock out Russian bridges behind the frontline. Seen here, a Ukrainian Air Force MiG-29 Fulcrum drops a quartet of GBU-39 SDB glide bombs on the Russian bridge over the Seym River at Zvannoe.

Ukrainian attack drones hit a Russian Black Sea Fleet strategic storage depot in the hills above occupied Sevastopol, Crimea, yesterday, setting the facility ablaze. NASA's FIRMS detected a large fire during multiple passes over the site Tuesday morning.

A Spanish fighter jet shot down a drone that violated Romanian airspace, Romania’s Defense Ministry said on Sunday.

Ukrainian Fire point FP-5 Flamingo cruise missile launch.

Ukrainian drones struck Wildberries' largest warehouse in Koledino, Moscow region today.

Logistics warehouses in Domodedovo, Moscow region were also attacked overnight.

Two Flamingo missiles struck an aircraft plant in Samara overnight, likely hitting CSKB-Progress which makes Soyuz rockets for Russia's Rassvet satellite internet. The nearby Aviacor aircraft repair plant may also have been damaged.

The U.S. Army has temporarily grounded Apache helicopter training flights following the deaths of two soldiers in an AH-64E crash near Fort Hood, Texas, on Wednesday. Chief Warrant Officer 2 Deontre T. Huey, 34, and Warrant Officer Seth L. Olmsted, 25, were killed when their Apache crashed in a rural field near Salado. The crash sparked a wildfire, but no buildings were struck. The Army has not identified a cause and says the stand-down will remain in place until investigators have a better understanding of the accident. The temporary grounding affects training flights, not necessarily the entire Apache fleet. The AH-64 remains heavily used by Army and National Guard units and has also seen combat during the Iran war, including an Apache reportedly shot down by an Iranian drone over the Strait of Hormuz in June.

French FM Barrot: Iran must halt the executions of protesters from the January 2026 uprising and release political prisoners. A joint declaration by France, Canada, the UK, Australia and the EU opposes the death penalty against dissidents. Iran is still executing arrested protesters after unfair trials, seven months after a crackdown that killed thousands.