Resource Nationalism Hits Tungsten: US Locks Down Scrap, UK Funds Mine, Zimbabwe Bans Exports, Vietnam Weighs Curbs

Putin Vows Heavy Revenge After Deadly Ukrainian Strikes On Luhansk School Dormitory  Russian President Vladimir Putin has accused Ukraine of intentionally targeting civilians after a "terrorist" overnight drone attack on a school that left six dead and scores of young people wounded.  At least 39 were injured and counting, amid ongoing rescue efforts after a school complex was torn apart on the multi-drone strike attack. It happened at a school dormitory in the Russian-controlled Luhansk region. Over a dozen victims are still missing, including children, reports say. via Reuters Putin blasted the mass...

Cherokee Nation In The US Bans Data Center Development By Jason Ma of DataCenterDynamics The Cherokee Nation in the US has banned data center development on its lands, according to an announcement made by its Chief Chuck Hoskin on August 5, Thursday. “It’s clear that our Cherokee Nation Administration, Council, and citizens have serious concerns about the construction of hyperscale data centers on our tribal lands, which affect our resources and cultural lifeways. Our primary responsibility is to protect our citizens and tribal communities from these threats, so we will not support...

'Still So Early On This Journey': Morgan Stanley Launches Lower-Cost Crypto Trading Just a week after Amy Oldenburg, Morgan Stanley’s head of digital assets, spent the better part of an hour making a case for bitcoin that few clients have heard in full (a gap she says is the industry’s most urgent problem), the bank announces the launch of crypto trading on E*Trade, charging 50bps in a pilot that undercuts rivals like Coinbase, Robinhood, and Charles Schwab. CoinDesk reports that Morgan Stanley’s Head of Wealth Management, Jed Finn, said the initiative goes beyond...