The Capital Times

Fighting has resumed between the Iran-backed Houthi movement in Yemen and Saudi Arabia, according to The New York Times, which examines the reasons the conflict has flared up again. The Houthis, who control much of northern Yemen including the capital Sanaa, have fought a Saudi-led coalition since 2015 in a war that has created one of the world's worst humanitarian crises.

Ukraine launched drone attacks on Moscow during Russia's presidential election, in which Vladimir Putin was seeking another term. The strikes marked an escalation in long-range attacks on Russian territory, timed deliberately to coincide with the three-day vote. Commentators highlighted the symbolism of hitting the capital as Russians went to the polls, with many seeing it as Kyiv's message that the war continues regardless of the election.

Ukraine carried out a record-scale attack on Moscow, leaving parts of the Russian capital ablaze on the day Russians went to the polls. The strike, described as the largest of its kind, is drawing wide attention as a bold escalation in the war and a pointed message timed to Russia's election day.

Nvidia has authorized an additional $150 billion for its stock buyback program, which the New York Times describes as the largest ever. The move underscores the chipmaker's enormous cash generation from the artificial intelligence boom and its decision to return capital to shareholders. Market watchers are weighing what the unprecedented repurchase signals about Nvidia's confidence in future earnings and its valuation.

Russia is confronting a growing budget gap, and analysts at The Moscow Times argue that borrowing will not offer an easy way out. Years of high military spending and falling energy revenues have strained state finances, while Western sanctions limit Moscow's access to foreign capital markets, leaving the government with difficult spending and borrowing choices.

The Financial Times reports that Nvidia is looking to insurers to help spread the financial risk of its massive AI infrastructure build-out. As the chipmaker commits billions to data centres and computing capacity serving the AI boom, insurance could cushion it against potential losses if demand or projects fall short.

New analysis argues that geopolitical risk is now directly shaping how banks lend worldwide. Researchers say lenders increasingly price political tensions into loan terms, affecting cross-border credit, capital flows and which firms and countries can borrow on acceptable conditions. The findings suggest global finance is fragmenting along political lines, with implications for trade, investment and monetary policy.

A New York Times report argues that artificial intelligence is advancing faster than governments can regulate it, leaving lawmakers increasingly behind on oversight, safety rules and public policy. The piece examines the widening gap between the pace of AI innovation and the slow machinery of legislation, a tension currently at the center of debates in Washington, Brussels and other capitals over how to govern powerful AI systems.

Inflows of foreign capital into US equities have reached a record high, even as overseas investors pull back from US debt, according to Financial Times reporting. The shift suggests international money is chasing American stocks while showing declining appetite for Treasuries and other fixed-income assets, a rebalancing with potential implications for both equity valuations and US borrowing costs.

Washington State imposed a tax on high earners, and wealthy residents are now pushing to have it repealed. The debate touches on whether taxing the rich drives them to move elsewhere, how much revenue the tax actually raises, and whether states can tax wealth effectively. Critics call the tax punitive and legally shaky, while supporters argue it funds essential services and that the wealthy should pay their share.

The Formula 1 Azerbaijan Grand Prix race at the Baku City Circuit is taking place, with fans following live commentary and real-time timing as the action unfolds on the streets of the Azerbaijani capital. Large numbers of motorsport followers are tuning in to track positions, pit stops and on-track battles lap by lap.

Amazon is looking to sell or repackage roughly $8 billion worth of Nvidia chips by bringing in outside investors, according to a Financial Times report carried by Reuters. The move would spread the cost of its AI computing buildout and recoup capital tied up in hardware, while investors gain exposure to high-demand AI infrastructure without buying the chips themselves.

The full list of results, finish times and standings from the Berlin Marathon 2026 has been published. Runners and fans are checking the complete rankings to see how the elite fields and mass participants fared on the course through the German capital.

The European Commission has launched action against member states that have failed to implement EU directives on time, opening infringement procedures against governments lagging behind on transposing EU law into national legislation. The move highlights ongoing friction between Brussels and national capitals over compliance deadlines and the pace at which agreed rules are put into effect.

Southern Democrats are expressing cautious optimism about their prospects in the region for the first time in years, saying they intend to build on voter discontent shown in the midterm elections. The party hopes to convert frustration among midterm voters into gains across Southern states, where it has long struggled.

The New York Times reports on Christa Pike, the only woman on death row in Tennessee, as she waits for her execution after decades spent largely in isolation. The piece examines her case, her upbringing and long confinement on death row, and how her coming execution has renewed debate over capital punishment in the state.

Michael Weinberg, speaking at CFA Society New York, argued that retail investor money is flowing into private equity at precisely the moment when exits are stalling. With IPOs and sales of portfolio companies sluggish, retail capital is becoming a growing liquidity source for the industry. Weinberg's comments have drawn attention to the timing mismatch: new money is arriving while existing investors struggle to cash out, raising questions about valuation and liquidity risk in private markets.

Kinzey Capital Management is reported to expect the Swiss National Bank to keep interest rates on hold, with attention on the bank's inflation forecasts. No further details about the firm's reasoning, positions or the timing of the decision are available from the report, so the substance of its analysis remains unknown beyond the headline claim.

Ajaccio is in the spotlight as the Corsican capital is listed among the locations for nationwide demonstrations planned for 29 September, according to the CGT union. The union has published a list of protest venues and times across France, and people in Ajaccio are checking where and when the local gathering will take place.

Milan Fashion Week is under way in the Italian fashion capital, with the Financial Times reporting that the industry is hoping the shows will inject some energy and excitement into a difficult period for luxury. Designers, brands and buyers are looking for standout collections that can revive consumer enthusiasm as the global fashion market slows.

Buying sentiment in the Seoul housing market has declined for the first time in four months, according to Maeil Business Newspaper. The report suggests the recent momentum in home purchases in the South Korean capital may be cooling, marking a shift after a sustained period of growing buyer appetite. Analysts and prospective buyers are watching to see whether this signals a broader slowdown in the Seoul property market.

Ankara is drawing attention amid discussion of the global fallout from Ukraine's grain crisis, which analysts say could cost the world economy around 60 billion dollars. Turkey's capital has been a key venue for grain-deal negotiations. Separately, Turkmen President Serdar Berdimuhamedov met with Turkish businessman Ahmet Çalık, underlining Ankara's growing economic ties in the region.