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Global Bond Sell-Off Puts Investors on Edge

1 September 2026 at 13:55
Government borrowing costs are hitting multi-decade highs around the world, reflecting anxiety about debt levels, deficits and inflation.

© Brendan Mcdermid/Reuters

Weather tracker: More extreme rain in Japan and a tornado in France

Flash flooding and mudslides in Ishikawa and Toyama prefectures, while convective storms hit western Europe

After an “unprecedented” deluge in Chiba in mid-August, Japan has experienced further extreme rainfall in recent days. Moisture from the Sea of Japan brought relentless heavy rain to the prefectures of Ishikawa and Toyama on Thursday.

In Himi, Toyama, 361.5mm of rain fell in 24 hours, equivalent to half the average annual rainfall in London and Paris. Several rivers burst their banks, triggering flash floods and mudslides, felling and damaging buildings.

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© Photograph: Buddhika Weerasinghe/Getty Images

© Photograph: Buddhika Weerasinghe/Getty Images

© Photograph: Buddhika Weerasinghe/Getty Images

In Japan, Yayoi Kusama Is Remembered as a Visionary and a Rebel

Artists, scholars and fans celebrated Ms. Kusama as a cultural giant who helped bring Japanese art to the masses.

© Noriko Hayashi for The New York Times

A pumpkin covered in dots by Yayoi Kusama at the Matsumoto City Museum of Art in Nagano, Japan.

Yayoi Kusama, Japanese Pop Artist Known for Polka-Dot Paintings, Dies at 97

27 August 2026 at 12:40
The Japanese artist’s polka-dot-covered paintings, phallic sculptures and public performances caused a stir in New York City and Europe in the 1960s.
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