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Boeing unveils sixth-generation fighter for F/A-XX contest

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In August, we saw Northrop Grumman unveil (slightly) its contender for the US Navy’s F/A-XX competition. Now, Boeing is stepping in with a misty rendering of its entry for the sixth-gen carrier-based fighter plane to replace the aged F/A-18 Super Hornet.

Six months ago, the F/A-XX Next Generation Air Dominance (NGAD) fighter competition looked as though it was on its last legs, stumbling toward the ash heap of failed programs. Where the US Air Force’s F-47 commanded a US$3-billion budget, the F/A-XX limped along on an anemic US$76 million.

With Lockheed Martin dropping out of the running in March 2025, the smart money was on the Navy competition soon dying from lack of funds, but Congress pushed against this, with the Senate Appropriations Committee approving an additional US$1.4 billion for the F/A-XX, and the House putting up US$972 million.

This second lease on life was bolstered by remarks by US Navy Vice Admiral Daniel Cheever saying to the press that the F/A-XX was “eagerly awaited.” Since the next step is to reduce the two competitors, Boeing and Northrop Grumman, to one, this optimism seems to have goaded the companies into ginning up public interest in their proposals.

A previous concept of the Boeing F/A-XX

Boeing

The Boeing rendering was released during the Tailhook Symposium and published by Aviation Week and, like the Northrop Grumman version, was deliberately lacking in detail, showing the F/A-XX blasting through the vapor cone caused by the plane going supersonic. However, the nose can be clearly seen and we can make a few deductions.

From previous renderings we know that the Boeing fighter is tailless and twin-engined, with an eye on stealth, though canards are visible on the forward section, suggesting that some stealth has been sacrificed for maneuverability. Designed for strike carrier operations, it has some similarities to the F-47, including a large cockpit canopy for a single pilot, though the forward radome is smaller.

Intended to replace the F/A-18 Super Hornet, which is nearing the end of its service life with what will be 9,000 hours in the air by the early 2030s, the F/A-XX differs from the Air Force program by its requirement to meet the peculiar needs of the Navy. Aside from being able to operate from carriers, the F/A-XX is pilot optional and is a multi-role fighter that can handle air combat, ground attack, surface warfare, and close air support missions. Since it’s a sixth-gen fighter, it also has advanced AI capabilities, allowing it to act as a command and control center for drone swarms as well as sharing huge bandwidths of sensor data with a global network.

The power plant for the F/A-XX is required to give it a 25% increase in range over existing fighters to meet threats in the Pacific theater. It can also provide the aircraft with extra power for new hypersonic missiles as well as directed energy weapons.

Though the Navy appears to be upbeat about the F/A-XX, there is no guarantee that it will survive the budget tug of war between Congress and the White House and concerns about the US defense industry’s ability to support two next-generation fighters. However, a final decision is expected in the next few weeks as to whether the program will continue.

Source: Boeing

TotalEnergies secures new exploration permit in the waters off the coast of Congo

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TotalEnergies awarded new exploration permit off Congo coast

Xi of China calls on regional leaders to resist ‘Cold War mindset’ at summit | News

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Chinese leader pledges $280m in aid to members of the Shanghai Cooperation Organisation at summit in Tianjin.

Chinese President Xi Jinping has urged regional leaders to oppose “Cold War mentality” at a gathering of a security bloc that Beijing has touted as an alternative to the Western-led international order.

In a speech to attendees of the Shanghai Cooperation Organisation (SCO) summit on Monday, Xi said that member states are facing increasingly complicated security and development challenges as the world becomes “chaotic and intertwined”.

“Looking back, despite tumultuous times, we have achieved success by practising the Shanghai spirit,” Xi said.

“Looking to the future, with the world undergoing turbulence and transformation, we must continue to follow the Shanghai spirit, keep our feet on the ground, forge ahead, and better perform the functions of the organisation.”

Calling for an “equal and orderly multipolarisation” of the world, Xi said the bloc should work towards the creation of a “more just and equitable global governance system”.

The Chinese leader said Beijing would provide 2 billion yuan ($280m) in aid to member states this year and a further 10 billion yuan ($1.4bn) of loans to an SCO banking consortium.

“We must take advantage of the mega-scale market… to improve the level of trade and investment facilitation,” Xi said.

Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Iranian President Masoud Pezeshkian and Belarusian President Alexander Lukashenko are among the more than 20 world readers attending the two-day SCO summit, which opened on Sunday in China’s northern city of Tianjin.

Established in 2001, the Shanghai Cooperation Organisation began as a grouping of six Eurasian nations – China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan – but has since expanded to comprise 10 permanent members and 16 dialogue and observer countries.

Analysts say that China intends to use the gathering to promote an alternative to the United States-led global order and repair ties with India amid a shifting geopolitical environment under US President Donald Trump.

What the rest of the world can learn from Asia’s advanced use of AI in combating fraud

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The financial sector is going through a rapid digital transformation, but cybercriminals are adapting just as quickly. Banks are forced to spend heavily to keep ahead of surging financial fraud. Across the Asia-Pacific region, 98% of financial institutions have had to scale up their compliance operations, driving costs above $45 billion. This surge reflects a shift toward integrated anti-fraud strategies, with governments and industries rolling out  targeted national responses to counter increasingly sophisticated threats.

Hong Kong authorities have launched Scameter, a mobile fraud alert system that that notifies users of high-risk transactions. Singapore has introduced the Shared Responsibility Framework, which allocates scam loss responsibilities to financial institutions and telecommunication operators, encouraging the implementation of anti-scam measures. Similarly, Australia’s Scam-Safe Accord is a cross-industry initiative across banks, building societies, credit unions aimed at elevating the standard of customer protection to counter scams.

These moves all represent a strong response to a growing regional threat, exemplified by Southeast Asia’s “scam compounds”: physical hubs where criminal syndicates orchestrate large-scale online scams, including identity fraud, phishing, fake investments and money laundering. Disguised as legitimate businesses, these sophisticated operations generate billions of dollars annually.

What’s driving this evolution in financial crime? Increasingly, it’s artificial intelligence. Criminal networks use AI to create synthetic identities, launch massive phishing campaigns, and bypass traditional security systems—and do so with fewer resources and in record time. While scam compounds are concentrated in Asia, the threat of financial fraud is global.

Yet as Asia’s crime syndicates make headlines, the region’s banks are quietly leading a shift in how to prevent fraud. Unlike other banks, which use AI for customers personalization and call center support, Asian banks are instead tapping AI to fight back against cybercriminals through fraud detection, identity verification, and anti-money laundering.

Why APAC is outpacing in AI-driven fraud defense

Asia’s greater focus on AI-powered fraud prevention is due to the region’s exposure to financial crime. Asian institutions are in the trenches when it comes to cybercrime, pushing them to rapidly adopt AI-driven strategies.

The scale of financial loss is staggering. In 2024 alone, the Asia-Pacific region lost an estimated $688 billion to fraud, nearly two-thirds of the world’s total. Asians’ rapid adoption of digital wallets and payment platforms makes matters worse: By outpacing the rollout of strong consumer protections, this usage opens doors for cybercriminals and is putting banks on the front lines.

Asian banks are leading the way in adopting ISO 20022, a new messaging standard that allows financial institutions to use AI to precisely detect anomalies and cut exposure to financial crime.

Same tech, different playbooks

Regional priorities are shifting as banks adopt AI. Asia-Pacific banks are focusing on fraud prevention and security, while European and U.S. institutions instead use AI to personalize products and customer service.

According to our research, just over half of organizations in the UK want to use generative AI to enhance the customer experience. That reflects the UK’s hyper-competitive market, where user-friendly interactions are key to winning customer loyalty. The U.S. is splitting its AI focus between customers experience and operational automation, supporting both consumer demands for frictionless banking and internal goals for efficiency.

In contrast, 58% of Asia-Pacific banks are focusing their AI investments on fraud detection and anti-money laundering, well above the global average. Asia-Pacific banks face a high-risk landscape where criminal networks use generative AI for identity fraud, phishing and financial scams. As a result, the region prioritizes cybersecurity, forging a sharper, security-focused AI strategy that views fraud prevention as a key competitive advantage.

Importantly, AI is blurring the distinction between security and service. Growing cyber threats means customers expect their banks to not just protect their money, but also provide clear, accurate answers in times of uncertainty. Our work with clients reveals that AI-powered chatbots and authentication systems can speed up queries from banking staff by sourcing information for them 30-40% faster than before. This has in turn had a knock-on effect for customer satisfaction, with customers now rating their experiences with chatbots 25% higher than their previous conversations with human agents.

What the next era of banking demands

Fraud detection can’t be isolated in today’s threat landscape. It must be embedded within financial infrastructure. Whether that’s through cross-industry accords like Australia’s Scam-Safe Accord, or through the blend of service and security seen in AI-powered chatbots that both authenticate users and resolve queries in real time, APAC is demonstrating how integrated systems can turn raw data into actionable defenses, driven by AI and aligned with operational needs.

Asia-Pacific’s experience highlights that financial security hinges on being proactive, not reactive. Faced with massive fraud losses and complex scam networks, Asian institutions have swiftly prioritized AI-driven fraud prevention. U.S. and European peers, on the other hand, treat fraud prevention as one possible AI application among many. That will be a mistake as AI-driven financial crime starts to spread globally.

AI’s role in fraud will grow. Asia-Pacific’s strategy shows the value of acting quickly to counteract it, integrating fraud prevention into financial infrastructure. As global threats escalate, the world should look to Asia, not just as a regional leader, but as a role model for secure, seamless financial transactions.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

Report suggests that Australia’s ban on teen social media could be effective

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Australia could use a range of technologies to implement its social media ban for under-16s but all have risks or shortcomings, a report has found.

The government says its ban, which comes into effect in December, is designed to limit the harmful impacts of social media. The policy has been touted as a world-first and is being watched closely by leaders globally.

Under the new laws, platforms must take “reasonable steps” to prevent Australian children from creating accounts on their sites, and deactivate existing ones.

Though the move is popular with many parents, experts have raised concerns over data privacy and the accuracy of age verification technology.

The federal government commissioned the UK-based Age Check Certification Scheme to test the ways Australia could enforce the ban, and its final report was published on Sunday.

It looked at a variety of methods – including formal verification using government documents, parental approval, or technologies to determine age based on facial structure, gestures, or behaviours – and found all were technically possible.

“But we did not find a single ubiquitous solution that would suit all use cases, nor did we find solutions that were guaranteed to be effective in all deployments,” it said.

Verification using identity documents was cited as the most accurate method, but the report identified concerns that platforms may keep this data longer than required and was anticipating sharing it with regulators, both of which would leave users’ privacy at risk.

Australia – like much of the world – has in recent years seen a series of high-profile data breaches, including several where sensitive personal information was stolen and sold or published.

Facial assessment technology was 92% accurate for people aged 18 or over, but there is a “buffer zone” – about two to three years either side of 16 – in which is it is less accurate. The report said this would lead to false positives, clearing children for accounts, and false negatives, barring users who should be allowed.

There are also privacy and accuracy concerns with parental approval methods, it said.

It recommended that the methods should be “layered” to create the most robust system, and highlighted that many of the technology providers were looking at ways to address circumvention, through things like document forgeries and VPNs (virtual private networks) which obscure the user’s country.

Communications Minister Anika Wells said there was “no one-size-fits-all solution”, that the report showed age checks could be “private, efficient and effective”.

“These are some of the world’s richest companies. They are at the forefront of AI. They use the data that we give them for a bevy of commercial purposes. I think it is reasonable to ask them to use that same data and tech to keep kids safe online,” she told reporters on Monday.

“There is no excuse for social media platforms not to have a combination of age assurance methods in their platforms ready for 10 December.”

Under the ban, tech companies can fined up to A$50m ($32.5m; £25.7m) if they do not take “reasonable steps” to bar those aged under 16 from holding accounts. These steps are still to be defined.

Facebook, Instagram, Snapchat and YouTube are among the platforms affected.

Polling indicates most Australian adults support banning social media for children under 16.

However some mental health advocates say the policy has the potential to cut kids off from connection, and others say it could push children under 16 to even-less-regulated corners of the internet.

They suggest the government should instead focus on better policing of harmful content on social media platforms and preparing children for the reality of life on the web.

Client Challenge: Overcoming Obstacles for Success

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Russia-Ukraine Conflict: Overview of Major Events on Day 1,285 | Latest Updates on Russia-Ukraine War

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Here are the key events on day 1,285 of Russia’s war on Ukraine.

Here is how things stand on Monday, September 1:

Fighting

  • Russian attacks on Ukraine killed at least five people on Monday, including two in Kherson, one in Zaporizhia, and two in Donetsk, according to regional governors. The attacks wounded dozens more.
  • In the Zaporizhia region alone, Russian forces launched 286 drone attacks, 10 missile attacks and five air strikes on 16 settlements in one day, Governor Ivan Fedorov wrote on Telegram.
  • A Russian drone attack overnight damaged a power facility near the southern Ukrainian city of Odesa, leaving more than 29,000 customers without electricity on Sunday morning, the region’s governor said. The hardest hit city was the seaport of Chornomorsk.
  • The Reuters news agency also reported that a civilian bulk carrier flying the flag of Belize sustained minor damage after hitting an unknown explosive device near Chornomorsk.
  • Russian drones also targeted Ukraine’s northern Chernihiv region early on Sunday, damaging energy infrastructure and leaving 30,000 households without electricity, including part of the city of Nizhyn, said Governor Viacheslav Chaus.
  • The Ukrainian military said Russia had attacked Ukraine with 142 drones overnight, and, while its air defence forces managed to shoot down most of them, the drones struck 10 locations.
  • Ukrainian President Volodymyr Zelenskyy promised to retaliate to Russian attacks on his country’s power facilities with strikes deep inside Russia.
European Commission President Ursula von der Leyen and Polish Prime Minister Donald Tusk visit Poland’s border with Belarus, near Ozierany Male, Poland, on Sunday [Agnieszka Sadowska/ Agencja Wyborcza.pl via Reuters]

 

  • Ukraine’s armed forces dismissed Russia’s claims of a successful summer offensive, saying Russian forces failed to gain full control of any major Ukrainian city and “grossly exaggerated” figures regarding captured territories.
  • In Russia, four people were wounded injured in Ukrainian drone attacks on the Kursk region, including two Ministry of Internal Affairs employees, Kursk Governor Alexander Khinshtein said in a post on Telegram.
  • Russia’s Ministry of Defence said that its forces shot down 112 Ukrainian drones, two aerial bombs and three rocket launchers in a 24-hour period, according to TASS.
  • The capacity of Russia’s Kursk nuclear power plant’s third reactor was completely restored after it had been halved following a drone attack, TASS reported on Sunday, citing the plant.

 

Politics and diplomacy

  • The Kremlin accused European powers of hindering United States President Donald Trump’s peace efforts and said that Russia would continue its operation in Ukraine until Moscow saw real signs that Kyiv was ready for peace.
  • “The European warring party is maintaining its fundamental course; it is not giving in,” Kremlin spokesperson Dmitry Peskov said from the sidelines of the SCO summit in China.
  • German Chancellor Friedrich Merz said he was bracing himself for the Russia-Ukraine war “to last a long time”. He told German public broadcaster ZDF that diplomatic efforts to bring the conflict to an end could not come “at the price of Ukraine’s capitulation”.
  • Ursula von der Leyen, the president of the European Commission, announced additional funding for European Union member states bordering Russia and Belarus during a visit to Poland’s border, near Belarus, where she called Putin a “predator” who could only be kept in check through “strong deterrence”.
  • Von der Leyen also told the Financial Times that Europe is drawing up “pretty precise plans” for a multinational troop deployment to Ukraine as part of proposed post-conflict security guarantees.
  • She said Trump had assured Europe that “there will be [an] American presence as part of the backstop”.
  • In an article published in the People’s Daily, China’s state newspaper, Turkish President Recep Tayyip Erdogan wrote that his country will “continue to pursue” its “peace diplomacy” between Russia and Ukraine “with patience”.
  • Pope Leo called for a ceasefire and dialogue in the Ukraine war. “It is time for those responsible to renounce the logic of arms and to take the path of negotiation and peace with the support of the international community,” he said in his Sunday prayer with pilgrims in St Peter’s Square.

Weapons

    • North Korean leader Kim Jong Un inspected a new missile production line and missile-manufacturing automation process, state media KCNA said on Monday. North Korea has sent missiles, as well as soldiers and artillery ammunition, to Russia to support Moscow in its war against Ukraine.
    • Norway, which shares a border with Russia, said it will buy new frigates worth some 10 billion pounds ($13.51bn) from the United Kingdom, in its biggest ever military investment.

Man taken into custody following collision with Russian consulate in Sydney

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Man arrested after car crashes into Russian consulate in Sydney

Rudy Giuliani, former mayor of New York City, injured in a car accident

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Former New York City mayor Rudy Giuliani has been injured in a car accident in the US state of New Hampshire.

Giuliani was a passenger in a Ford Bronco when it was struck from behind in the city of Manchester on Saturday evening, according to local police.

“He was diagnosed with a fractured thoracic vertebrae, multiple lacerations and contusions, as well as injuries to his left arm and lower leg,” a statement from his security guard, Michael Ragusa, said.

Giuliani, 81, became known as “America’s Mayor” after leading New York through 9/11. He later became an adviser and then personal lawyer to Donald Trump, though the two have since parted ways.

All involved in the crash suffered non-life threatening injuries and were taken to hospital, police said.

The incident happened shortly after Giuliani had helped an alleged victim of domestic violence who had flagged him down on a road, Mr Ragusa’s statement added.

“Mayor Giuliani immediately rendered assistance and contacted 911,” he said.

New Hampshire police confirmed officers were investigating a reported domestic violence incident when they saw the crash on the opposite side of the road.

“As a result of the collision, both vehicles went into the median and were heavily damaged,” police added.

Investigators said they have identified the driver who allegedly struck Giuliani’s car, although no charges have been filed and the crash is under investigation.

First elected New York City mayor in 1993, Giuliani was in charge at the time of the 11 September attack on the World Trade Center in 2001.

In 2008, he made an unsuccessful run for US president, and later became one of Trump’s advisers during the latter’s 2016 campaign. He joined Trump’s personal legal team in 2018 and remained a part of it through to the 2020 election.

In the aftermath of Joe Biden’s 2020 election victory over Trump, Giuliani spread baseless claims the election was stolen.

Earlier this year, he reached a tentative settlement with two former election workers who won $148m (£120m) in damages after they successfully sued him for defamation over false election fraud claims.

Trump’s trade adviser reassures that tariffs are not permanent following court ruling against reciprocal duties

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White House senior counselor for trade and manufacturing Peter Navarro said Sunday that President Donald Trump’s tariffs are not permanent as he sought to undercut a ruling from a federal court that dealt a major blow to the administration’s trade policy.

On Friday night, the U.S. Court of Appeals for the Federal Circuit ruled that most of Trump’s so-called reciprocal tariffs on global trading partners are illegal.

That upheld an earlier ruling by the Court of International Trade, which found that the tariffs’ legal basis under the International Emergency Economic Powers Act (IEEPA) wasn’t valid, saying that the administration’s argument for the tariffs didn’t constitute an emergency.

“Both the Trafficking Tariffs and the Reciprocal Tariffs are unbounded in scope, amount, and duration,” the majority wrote. “These tariffs apply to nearly all articles imported into the United States (and, in the case of the Reciprocal Tariffs, apply to almost all countries), impose high rates which are ever-changing and exceed those set out in the [U.S. tariff system], and are not limited in duration.”

The Trump administration is appealing the decision to the Supreme Court, and Friday’s ruling is on hold until mid-October to give the high court a chance to consider the case.

On Fox News’s Sunday Morning Futures, Navarro called the appeals court’s ruling “weaponized partisan injustice” and said the dissenting opinion in favor of the tariffs should give the White House a strong argument before the Supreme Court.

The judges who sided with the administration said IEEPA allows “broad emergency authority in this foreign-affairs realm, which unsurprisingly extends beyond authorities available under non-emergency laws.” 

Navarro also said the trade deficit does indeed constitute an emergency because it is “absolutely devastating to this country.” And he pushed back against the appeals court’s characterization of the tariffs as unlimited in duration.

“Hey memo to the court: we never said they were permanent,” he said.

If the flow of illegal drugs from China, Mexico and Canada stop, the tariffs will go away, Navarro added, likewise if the trade deficit shrinks to nothing.

In April, Trump was asked about comments from administration officials who said tariffs could be negotiated and that they were permanent.

“They can both be true,” he replied. “There could be permanent tariffs, and there could also be negotiations, because there are things that we need beyond tariffs.”

In May, Trump also said auto tariffs are permanent, but those duties weren’t affected by Friday’s court ruling as they were invoked under a different law.

He has also touted the long-term benefits of his tariffs, recently pointing to the CBO’s 10-year projection that tariffs will reduce the deficit by $4 trillion and that they will bring in enough revenue to lower the U.S. debt, which tops $37 trillion.

“The purpose of what I’m doing is primarily to pay down debt, which will happen in very large quantity — but I think there’s also a possibility that we’re taking in so much money that we may very well make a dividend to the people of America,” Trump said earlier this month.

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