ABE NEWS | August 30, 2026 Canada is positioning itself at the centre of an ambitious attempt to transform how Western countries finance defence, as Prime Minister Mark Carney throws Ottawa’s weight behind a proposed international bank seeking to mobilize roughly €100 billion — about US$116 billion — for defence, security and military-industrial investment….
ABE NEWS | August 29, 2026 The artificial-intelligence race is usually presented as a competition between a handful of technology giants. OpenAI releases a new model. Google responds. Meta spends billions. Nvidia sells more chips. Governments announce national AI strategies, investors pour money into startups, and every few months another company promises that its…
ABE NEWS | THE WEEK IN BUSINESS | August 28, 2026 It was a week when artificial intelligence delivered staggering numbers, Canada discovered its economy was stronger than expected just as another trade shock arrived, one of the world’s biggest social-media companies agreed to one of the most consequential settlements in the industry’s history,…
ABE NEWS | WEDNESDAY, AUGUST 26, 2026 Oil prices are falling sharply, global markets are breathing a little easier, and one of the most economically important waterways on Earth may finally be moving toward a partial reopening. But beneath Wednesday morning’s optimism lies a much more complicated reality: the Strait of Hormuz remains severely…
ABE NEWS | TUESDAY, AUGUST 25, 2026 | NEWS O’CLOCK For days, Washington had been promising what Treasury Secretary Scott Bessent described as an “economic D-Day” against Iran. Now the first major pieces of that campaign have arrived, and they reveal an American strategy that is both aggressive and surprisingly cautious. The United States…
ABE NEWS | MONDAY, AUGUST 24, 2026 China has a problem. The world’s second-largest economy is still growing, but one of the engines that helped power its extraordinary rise is moving in the wrong direction. Investment is falling. During the first seven months of 2026, China’s fixed-asset investment contracted 6.7%. Economic growth slowed from…
ABE NEWS | SUNDAY, AUGUST 23, 2026 There is a narrow stretch of water between Iran and Oman that most people will never see. It is only about 33 kilometres wide at its narrowest point. Yet what happens there can influence how much families pay to fill their cars, how much airlines spend on…
