Hard Numbers: Far-right unrest in UK, Nikkei plunges, Tragedies & infrastructure woes in China, Hawaii fire settlement reached, al-Qaida affiliates stir trouble in Somalia & Niger, Olympic firsts

​Demonstrators toss a trash bin during an anti-immigration protest, in Rotherham, Britain, August 4, 2024.
Demonstrators toss a trash bin during an anti-immigration protest, in Rotherham, Britain, August 4, 2024.
REUTERS/Hollie Adams

90: Police arrested 90 people as anti-immigration, far-right protesters took to the streets of UK cities this weekend, sowing chaos in Hull, Liverpool, Bristol, Manchester, Stoke-on-Trent, Blackpool, and Belfast. Racial tensions spiked after the murders of three young girls at a Taylor Swift-themed party in Southport last week. The suspected killer was falsely rumored to have been a Muslim immigrant (he was, in fact, born in Wales to Rwandan Christian parents). This weekend’s violence and clashes with police led to scores of arrests, and PM Keir Starmer has vowed to tackle the “far-right hatred” sowing unrest on British streets.

12: Japan’s stock market had its worst day in 37 years on Monday, dropping 12% on news of a possible US recession. This followed the Nikkei’s 5.8% drop from Friday and is leading a global stock-market selloff today amid fears that the Federal Reserve may not have responded quickly enough to a slowing US economy by cutting interest rates.

2: Two people were killed in a tunnel collapse in southwestern China on Saturday. The tragedy occurred just two weeks after at least 38 people died after a bridge in northwestern China partially collapsed, plunging vehicles into a river. Two dozen people remain missing from that incident, and both accidents have raised concerns about the country’s infrastructure.

4B: Hawaii Gov. Josh Green’s office has announced that a deal in principle — for just over $4 billion — has been reached to settle roughly 450 legal cases linked to the August 2023 wildfires in the Aloha State. Seven defendants were named in the suit — including the State of Hawaii, County of Maui, Hawaiian Electric, Kamehameha Schools, West Maui Land Co, Hawaiian Telcom, and Spectrum/Charter Communications — over the blazes that destroyed the historic town of Lahaina and killed more than 100 people.

32: Somali authorities say al-Qaida affiliate al-Shabab killed 32 people and injured scores more Friday at a beach hotel in Mogadishu. Another seven people were reportedly killed by a roadside bomb in an attack just outside the capital on Saturday. Somali President Hassan Sheikh Mohamud declared a “total war” on the militants last year, but al-Shabab still controls parts of the country, and Friday’s violence notably followed Somalia’s third phase of a drawdown of peacekeeping troops under the African Union Transition Mission.

2: In a video released on Friday, two men claiming to be Russian nationals say they were taken captive by al-Qaida-linked militants in northeastern Niger. One man called himself Yury and said he was a geologist working for a Russian firm in the region when armed men detained him. This could be the first time jihadis have kidnapped Russians in the Sahel, but outlets have yet to confirm the identities of the men.

3: We’ve seen a lot of great footage from the Summer Games in Paris this past week — everything from Simone Biles and Katie Ledecky racking up their piles of gold to Snoop Dogg’s Greatest Hits (and a swim lesson with Michael Phelps). But three countries have celebrated some impressive Olympic firsts this past week. Julien Alfred won the first-ever Olympic medal for St. Lucia on Saturday, racing to gold in the women’s 100-meter dash. That same day, Thea LaFond did the same for Dominica, nabbing the Caribbean island nation its first medal — and the gold — in the women’s triple jump. And Kaylia Nemour won Algeria its first gold in gymnastics, beating the competition on the uneven bars on Sunday.

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Getting access to energy, whether it's renewables, oil and gas, or other sources, is increasingly challenging because of long lead times to get things built in the US and elsewhere, says Greg Ebel, Enbridge's CEO, on the latest "Energized: The Future of Energy" podcast episode. And it's not just problems with access. “There is an energy emergency, if we're not careful, when it comes to price,” says Ebel. “There's definitely an energy emergency when it comes to having a resilient grid, whether it's a pipeline grid, an electric grid. That's something I think people have to take seriously.” Ebel believes that finding "the intersection of rhetoric, policy, and capital" can lead to affordability and profitability for the energy transition. His discussion with host JJ Ramberg and Arjun Murti, founder of the energy transition newsletter Super-Spiked, addresses where North America stands in the global energy transition, the implication of the revised energy policies by President Trump, and the potential consequences of tariffs and trade tension on the energy sector. “Energized: The Future of Energy” is a podcast series produced by GZERO Media's Blue Circle Studios in partnership with Enbridge. Listen to this episode at gzeromedia.com/energized, or on Apple, Spotify,Goodpods, or wherever you get your podcasts.