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With the national debt nearing $40 trillion, Bank of America has a warning for bond investors

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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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Iran has Trump right where it wants him and suggests he seek 'a dignified exit'

1

With the national debt nearing $40 trillion, Bank of America has a warning for bond investors

2

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

3

Iran has Trump right where it wants him and suggests he seek 'a dignified exit'
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Fortune Gulf Brief is Fortune's weekly Tuesday newsletter covering business, investment, and economic trends across the Middle East, written by Fortune writer Melissa Hancock. It delivers expert analysis on the deals, leaders, and policies shaping the GCC region for global executives. Sign up here.
Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse
Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse

Border closures with Pakistan have crushed Afghanistan’s fruit exports, forcing farmers to dry their grapes into lower-priced raisins

By ABDUL QAHAR AFGHAN and The Associated PressAugust 19, 2026
How the UAE has emerged as a ‘leading light’ for tokenization  
How the UAE has emerged as a ‘leading light’ for tokenization  
By Melissa HancockAugust 19, 2026
Coinbase establishes Abu Dhabi tokenization hub  
Coinbase establishes Abu Dhabi tokenization hub  
By Melissa HancockAugust 19, 2026
Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet
Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet
By Jason MaAugust 17, 2026
Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the choke hold
Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the choke hold
By Jason MaAugust 16, 2026
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
By Jason MaAugust 15, 2026
Latest stories from Fortune
Emil Michael, under secretary of defense for research and engineering nominee for US President Donald Trump.
North America
Pentagon pushes ‘zero tolerance’ audit on foreign university partnerships that ‘compromise our national security’
By The Associated Press and Heather HollingsworthAugust 19, 2026
Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group and Rio Tinto’s Dominic Barton
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By The Associated Press and Glenn GamboaAugust 19, 2026
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Trump threatens to bomb Oman, widening the war that crippled the global economy
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Meta CEO Mark Zuckerberg leaves the Los Angeles Superior Court after testifying.
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‘Harvest their data and hide the truth from the public’: Four states seek billions from Meta over child safety practices
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Economy
National debt crosses $40 trillion and think tank warns: ‘The level of fiscal mismanagement is tragic
By Eleanor PringleAugust 19, 2026
Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies
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By The Associated Press and Leah WillinghamAugust 19, 2026
A SpaceX rocket carved out a crater on the moon as long as a bowling lane with ‘butterfly wing’ streaks
Innovation
A SpaceX rocket carved out a crater on the moon as long as a bowling lane with ‘butterfly wing’ streaks
By The Associated Press and Marcia DunnAugust 19, 2026
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With the national debt nearing $40 trillion, Bank of America has a warning for bond investorsplaceholder alt text
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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't deadplaceholder alt text
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