Iran’s rial falls to record low as Scott Bessent warns of ‘economic D-day’ – business live

Source: www.theguardian.com · Section: headlines · Bias: Center · Published: Mon, 24 Aug 2026 09:26:36 GMT

US Treasury secretary to announce sanctions against Tehran at a press conference at 1pm EDT (6pm London time)Shein’s announcement was somewhat underwhelming.The online retailer, which built a fast-fashion empire on what seemed like impossibly low prices, has been forced to lower its own valuation after falling into the red earlier this year. Continue reading...

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The same story across the political spectrum (15 sources)

Center: Iran’s Rial Currency Hits New Record Low As U.S. Prepares To Announce More Sanctions —
Center: U.S. to unveil "economic D-Day" sanctions on Iran — www.cbsnews.com
Center-Right: Andy Burnham arrives in Ukraine with plans to share UK blueprints for long-range missiles – Europe live — www.theguardian.com
Center: ‘So many people say things about my appearance – it’s not normal’: Jorja Smith on burnout, body-shaming and finding freedom — www.theguardian.com
Right: Jumpy bond markets make it clear: Trump risks driving US into debt crisis | Heather Stewart — www.theguardian.com
Right: Barrasso: Monday will be 'D-Day for the economy in Iran’ — thehill.com
Right: GOP senator shredded for 'Sharia law' attack and Ken Paxton defense: 'Soooooo bad at this' — www.rawstory.com
Right: Trump official sent 'clearest sign yet' of economic crisis — and time is running out — www.rawstory.com

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