Finance ministers and central bank governors meet Aug. 31–Sept. 1 in Asheville as the U.S. hosts the G20 Finance Track. Agenda: growth, global imbalances, debt transparency, and cutting remaining economic ties to Iran. Treasury Secretary Scott Bessent frames it as a results-oriented push after Helene recovery spotlight.

Bannon flags a potential “world’s largest margin call” on roughly $300 trillion in global debt. Bessent is cited as bullish on the economic campaign already in high gear—sanctions, isolation, and G20 pressure on Iran’s remaining business links.

Overnight: U.S. strikes on IRGC rocket launchers on Larak Island in the Strait of Hormuz after reported mine-laying prep; Iran fires missiles/drones toward U.S. positions in Jordan (and claims on UAE assets). First known U.S.–Iran exchange in weeks. Oil jumped; shipping stays tense.

High-school social studies rewrite hits final stretch. Board debate includes how Islam is taught—critics on the right say “Islamization” of texts; approved/pending language has emphasized conquest and violence while expanding Bible/Christian content in K–8. Final high-school votes this week.

Can G20 finance chiefs choke Iran’s economy without another full kinetic blowup in the Gulf—or is the margin call already here?

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