September 2026
All columns and Brief analyses.
10 results
Beneath Türkiye's balanced current account sits $50.9 billion of loans
July's $36 million surplus looks reassuring. What closes the $40.7 billion annualised deficit is debt: loans of $50.9 billion, portfolio flows of $6 billion, net direct investment of minus $300 million.
Delhi sets the BRICS agenda while two straits set the terms
India opens the eighteenth BRICS summit with Xi Jinping, Putin and Pezeshkian in the room and energy security on the agenda, while the corridors that carry the bloc's oil are being settled by force at Bab el-Mandeb and Hormuz.
Ellison cancels the share plan; Oracle's spending gap stays on the balance sheet
A trading plan for up to 50 million shares was withdrawn a day after it became public. The arithmetic underneath it stayed where it was: 28.499 billion dollars of capital expenditure in the quarter against 23.103 billion dollars of cash from operations.
France's single request pushed the EU's Russia sanctions list to Monday
Renewing individual sanctions in the European Union takes unanimity. France's request to remove one name turned a routine extension into a bargaining matter, and the decision in force expires on 15 September.
Fugu Max grows Sakana AI's model pool, and Sakana AI keeps the scoreboard
Fugu Max routes a task to the leanest model that can solve it, and Copilot code review now runs a group of agents where one used to work alone. In both, the company that shipped the change also produced the measurement that supports it.
India's trade agreement enters the approval chain while the Delhi declaration stays outside it
Two texts about India's terms of trade came out of New Delhi and Brussels this week. One asks that goods keep moving; the other starts the chain of approvals that would actually move them.
Mecka AI prices the motion data at $500 million and leaves the recorder's rate unwritten
The round puts a price on the recordings. The people who make them still have no published rate, and the only figure attached to the work is the company's own revenue projection.
NGC 5897 puts a number on mass loss where metals are scarcest
In NGC 5897, 20 red giants and 6 early asymptotic giants, heard through the short windows of the K2 mission, differ in mean mass by 0.08 solar masses. What the measurement can carry is set by the 0.03 solar masses of uncertainty on that difference.
Oracle asks for 2 GW of renewables while one paused permit holds Project Jupiter's gas
The request for proposals covers up to 2 GW of new solar, wind and geothermal in New Mexico, and it is built as an emissions-matching instrument. The campus's electrons come from 2.45 GW of Bloom Energy fuel cells, whose only fuel is a pipeline that slipped from August 2026 to February 2027.
RBI's currency window made the deposits, and the 10-year yield crossed 7 per cent anyway
Deposit growth at 17.8 per cent is the fastest in a decade, and almost none of it came from a loan. Follow the other side of the entry and you find a foreign-currency liability, a 10.25 trillion rupee liquidity surplus, and a long bond that repriced anyway.