Bessent Says Economic D-Day Begins Today; Hawk Fire Threatens Reno | NTD Good Morning (Aug. 24)

Treasury Secretary Scott Bessent warned on Aug. 23 that an “economic D-Day” is coming for the Iranian regime, with the United States taking strong measures to sever Tehran’s economic lifelines, including imposing consequences on Iran’s trade partners. Bessent will address the media on Monday and is expected to announce further U.S. sanctions targeting Iran and its trading partners.Tens of thousands have been evacuated from the Reno, Nevada, area as the fast-moving Hawk Fire threatens the city. About 42,000 residents are under evacuation orders, with another 45,000 in an evacuation warning zone. The fire has burned 15,000 acres since it began on Saturday. Nevada Gov. Joe Lombardo has declared a state of emergency and deployed National Guard resources. At least six people have been injured, including three civilians and three first responders.New Zealand Prime Minister Christopher Luxon said on Aug. 24 that his party will introduce a bill in Parliament that seeks ‌to ban children under 16 from using social media, proposing fines of up to 10 percent of a platform's global revenue for noncompliance. The bill would require social media platforms to take reasonable steps to verify users' ages, including using existing account information, facial technology, and digital identity documents. It was not immediately clear whether the bill would garner sufficient support to pass through Parliament, with one of Luxon's coalition partners, the New Zealand First party, saying it would not support it. The proposal follows Australia’s move last year to ban social media for children under 16.