China is ramping up construction of its national satellite-internet megaconstellation. A Long March 5B rocket lifted off from Wenchang Space Launch Center on the island of Hainan on Wednesday (Aug. 13) at 2:43 a.m. EDT (0643 GMT; 2:43 p.m. local time), carrying a batch of satellites aloft for the Guowang broadband network. The mission to … Read more
Argentina devalued the peso by 54% and announced a swath of spending cuts as the first steps of President Javier Milei’s shock-therapy program, moves welcomed by the International Monetary Fund. The newly inaugurated administration weakened the official exchange rate to 800 pesos per dollar, Economy Minister Luis Caputo said in a televised address after the … Read more
A second batch of 39 Palestinians held in Israeli prisons have been released as part of an agreement between the Israeli government and the group Hamas. Hundreds of people greeted the International Committee of the Red Cross bus carrying the Palestinians as it arrived in al-Bireh in the occupied West Bank. Crowds chanted “God is … Read more