Russia-Ukraine exchange of drone strikes as deadly hit on Dnipro comes amid peace talks preparations
Ukraine and Russia exchanged drone strikes overnight on Thursday, with the latest attacks hitting Moscow and the Ukrainian city of Dnipro. According to the supplied reports, at least 13 people were killed in Dnipro after a train was struck. In Moscow, the city's mayor said 613 drones were launched toward the capital and its surroundings between 8:30 pm and 7 am, although most were intercepted by air defences.The reported strikes came as the Kremlin said delegations from 48 countries were in Moscow for the third Russia-Africa summit. The timing also matters because both sides are preparing to resume peace negotiations... [Continue Reading]
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US midterms enter final week as Obama and Trump trade attacks in Georgia and Ohio
Former US President Barack Obama and President Donald Trump held rival campaign rallies in Georgia and Ohio on Wednesday, sharpening the final-day messaging in the run-up to the US midterm elections. The two men used their appearances to attack each other's records and frame the vote as a choice over the economy, trade and foreign policy. Their rallies came just five days before the midterms, adding to an already intense closing stretch of campaigning.At a rally in Atlanta, Georgia, Obama criticised Trump over the war in Iran, saying the current president had made a series of bad decisions and started... [Continue Reading]
North Korea fires missiles amid rising tensions over DMZ landmine dispute
North Korea fired about 10 short-range ballistic missiles off its east coast on Thursday, according to South Korea's Joint Chiefs of Staff. The launches were detected around 12:30pm local time from the Wonsan area and were directed into the Sea of Japan, also known as the East Sea. Japan's Defence Ministry separately said the launch may have fallen outside its Exclusive Economic Zone.The missile firing comes as tensions rise over a landmine blast in the Demilitarized Zone that injured three South Korean soldiers on September 21. A joint South Korea-United Nations investigation earlier this month concluded that North Korea had... [Continue Reading]
Shell reports sharp profit jump as Middle East conflict lifts oil and gas prices
Shell has reported a sharp rise in quarterly profit after the Middle East conflict pushed up oil and gas prices and disrupted global energy supplies. The company said adjusted profit for the July-to-September quarter reached $10.8bn, more than double the $5.432bn it made in the same period a year earlier. The results came as the company described the quarter as one marked by continued severe disruption to the global energy system.The figure beat analyst expectations of $10.33bn and was also higher than Shell's second-quarter profit of $9.836bn. The company said it would return $5bn to shareholders over the next three... [Continue Reading]
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Europe opens mixed as DAX and CAC rally, FTSE slips, energy and FX moves shape the tone
Executive summary: European equities opened with a clear split, continental benchmarks advanced while the FTSE 100 edged lower. The DAX and CAC 40 both gained more than 1%, the Euro Stoxx 50 rose 1.64%, and the FTSE 100 slipped 0.15%. Commodity moves were more dramatic, Brent crude fell 4.53% while natural gas jumped 16.22%, adding a sharp energy signal to the session. FX also leaned against the euro and pound, with EUR/USD and GBP/USD both lower, while USD/JPY pushed higher. [Continue Reading]
Tokyo closes sharply higher as Nikkei breaks to fresh highs, Asia-Pacific follows risk-on lead
Executive summary: Tokyo led a broad Asia-Pacific advance, with the Nikkei 225 jumping +3.1% and the Kospi surging +7.3% as regional equities extended a strong risk-on move. The rally came alongside a softer yuan, a firmer dollar against the yen, and mixed commodity action, with natural gas spiking while silver and palladium fell. The move matters because it shows investors still favor cyclicals and equities even as FX and commodities send more cautious signals. [Continue Reading]
EU ministers to discuss soaring fuel prices as winter supply concerns intensify
EU energy ministers are due to discuss energy security and affordability as oil and natural gas prices rise ahead of the winter heating season. The meeting comes after European wholesale gas prices briefly touched €100 per megawatt hour, the highest level since December 2022. Officials are also weighing how to ease pressure on households and businesses as storage levels remain below last year.EU Energy Commissioner Dan Jorgensen said the bloc was in a very serious situation, while warning that the immediate issue was not yet a security of supply crisis. He said affordability was just as urgent, arguing that available... [Continue Reading]
Tokyo opens with a risk-on surge in Korea and Japan, while Hong Kong lags as commodities split
Executive summary: Asia-Pacific markets opened with a sharp divergence, led by a powerful rally in Seoul and a strong advance in Tokyo, while Hong Kong slipped and mainland China was little changed. The move came alongside a jump in natural gas, firmer gold, a weaker yen and softer oil, underscoring a session shaped by rate expectations, commodity rotation and currency moves. [Continue Reading]
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UN vote on Cuba embargo support falls to 30-year low amid diplomatic row
The United Nations General Assembly has again voted to call for an end to the United States embargo on Cuba, but support for the resolution has fallen to its lowest level in more than 30 years. The measure passed with 130 votes in favour, 17 against and 25 abstentions, according to the tally released after the session in New York. That is the weakest level of support since 1995, and well below last year's backing from more than 160 countries.The vote is nonbinding, but it is closely watched as a measure of international opinion on the long-running dispute. Germany, Italy... [Continue Reading]
Wall Street closes mixed as megacap tech wobbles, small caps and chips lead the advance
Executive summary: U.S. stocks finished mixed, with the S&P 500, Nasdaq Composite and Dow Jones all lower, while the Russell 2000, semiconductor shares and several cyclical pockets outperformed. The sharpest single-stock move in the data was Meta’s steep drop, while Tesla, natural gas, gold and AI/chip stocks posted notable gains. The session also showed a split between pressure on large-cap tech and resilience in rate-sensitive and cyclical areas. [Continue Reading]
CSIRO faces scrutiny over transparency on Darwin LNG methane leak
Australia's national science agency is facing criticism over its handling of a major methane leak linked to Santos's Darwin LNG plant. Internal emails and messages released under freedom of information laws show staff were concerned about public scrutiny after reporting on the leak intensified. The material relates to a design fault in the Darwin LNG tank that allowed methane to escape for years before the issue became public.The newly released correspondence shows CSIRO staff discussing how to respond to questions about the agency's role and how to manage the fallout from the reporting. According to the documents, some staff described... [Continue Reading]
Day News Recap: Ebola crisis deepens as Israel deadlock, Ukraine fighting and market swings dominate
The Democratic Republic of Congo’s Ebola outbreak has passed 10,000 confirmed cases, with health officials warning the crisis is worsening after attacks on health workers and a separate African public health warning that the virus could spread beyond the continent, including to the UK. 🔗 🔗In the Middle East, Israel’s election has again produced a hung parliament, with partial results and exit polls leaving Benjamin Netanyahu short of a majority and Arab parties potentially holding the balance of power. Netanyahu has accused unnamed opponents of trying to steal the vote, while senior figures on the right have sharpened their rhetoric... [Continue Reading]
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Israel election deadlock deepens as Arab parties face exclusion from coalition talks
Balad leader Sami Abu Shehadeh has accused Israel's main political leaders of racism after both major blocs ruled out working with Arab parties despite their strong showing in the election. With 85% of the vote counted, Arab parties are on course for a record 19 seats, potentially giving them decisive leverage in coalition talks. But the numbers still leave neither bloc close to the 61 seats needed to govern, prolonging the deadlock.According to the Central Elections Committee, Prime Minister Benjamin Netanyahu's bloc is ahead with at least 53 seats, while the opposition bloc led by Gadi Eisenkot has 48. Netanyahu... [Continue Reading]
Sudan war and inflation leave families struggling to survive in Khartoum
Families in Sudan's capital are struggling to keep up with sharply rising food prices and falling incomes as the country's war grinds on. In Khartoum, residents described daily routines shaped by uncertainty, debt and skipped meals as they try to feed children and cover basic costs. The pressure is especially severe for households with relatives on the front lines or without stable work.One woman, Rasha Abdelaziz Musa, said she works seven hours a day selling tea and still cannot be sure she can feed her four children by the end of the day. Her husband, a member of the Sudanese... [Continue Reading]
Ethiopia clashes drive 50,000 people into Kenya as fresh crossings continue
Fighting in southern Ethiopia has pushed an estimated 50,000 people across the border into Kenya, according to the United Nations. The displacement follows clashes linked to forces in Ethiopia's Somali and Oromia regions, with the unrest first erupting on 20 October. Fresh crossings are still being recorded, and aid agencies say the number could change quickly.The UN refugee agency said the figure had risen sharply from 36,000 reported the previous day. Fatima Mohammed-Cole, the agency's representative in Kenya, said local authorities estimated that up to 50,000 people had crossed into the country. She added that many of those fleeing were... [Continue Reading]
Europe closes mixed as energy, metals and gold diverge, while the euro and sterling soften
Executive summary: European equities finished higher overall, led by the Euro Stoxx 50 and CAC 40, while the FTSE 100 slipped. The move came alongside a sharp jump in natural gas, a drop in Brent crude, firmer gold, and weaker euro and sterling exchange rates. The pattern points to a market balancing growth optimism, energy-price swings and currency pressure ahead of major policy and macro catalysts. [Continue Reading]
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Israel election remains undecided as Arab parties emerge as potential kingmakers
Uncertainty remained over Israel's election on Wednesday as vote counting continued and neither Prime Minister Benjamin Netanyahu's right-wing, religious bloc nor the centrist bloc led by Gadi Eisenkot appeared on course for a majority in the Knesset. The result leaves the country facing another period of coalition bargaining, with no clear winner yet able to claim the 61 seats needed to govern. A surprise rise in support for Arab parties has added a new variable to the final arithmetic.With more than 85% of votes counted, Netanyahu and his allies were hovering around 53 seats, while Eisenkot's "Change" bloc was just... [Continue Reading]
Wall Street Opens Mixed as Small Caps Lead, Gold Holds Above $4,050 and Natural Gas Surges
Executive summary: US stocks opened mixed, with small caps outperforming while the Nasdaq and Dow slipped. The Russell 2000 rose 1.4%, helped by a broad risk-on tone in parts of the market, while tech and chip shares were firmer than the major averages. Commodities were split, gold extended gains above $4,050, natural gas jumped nearly 16%, and WTI crude eased. The move comes as investors position for a busy central-bank week and continue to weigh inflation-sensitive inputs against a still-resilient equity backdrop. [Continue Reading]
Germany and Japan deepen economic-security cooperation in Tokyo
German Chancellor Friedrich Merz has met Japanese Prime Minister Sanae Takaichi in Tokyo, with both sides using the visit to set out a closer economic-security partnership. It was Merz's first visit to Japan as chancellor, and the two leaders issued joint statements on economic security and future technologies. Their message focused on reducing dependence on vulnerable supply chains and strengthening cooperation between two of the world's largest economies.The joint statement said both leaders expressed deep concern about the growing use of economic coercion, including arbitrary export restrictions and retaliatory measures affecting critical raw materials. They also rejected non-market-based practices that... [Continue Reading]
Noontime News Recap: Israel election deadlock deepens as cyclone hits India and Ebola risk widens
Israel is heading into coalition talks after an inconclusive election left neither Benjamin Netanyahu nor Gadi Eisenkot with a clear path to a majority, with early counting and exit polls pointing to a hung parliament. Partial results suggest Netanyahu’s bloc may fall short of the 61 seats needed, while Arab parties could again hold the balance of power. 🔗 🔗 🔗As the count continued, senior figures on Israel’s right sharpened their rhetoric, adding to the sense of political uncertainty and raising the stakes for any deal on the next government. The deadlock leaves three broad options, a unity coalition, a... [Continue Reading]
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Historic Palestinian Citizen Turnout in Israel Election Could Reshape Netanyahu Race
Palestinian citizens of Israel are voting in unprecedented numbers in the country's parliamentary election, with some towns reporting turnout above 70%. The surge is being watched closely because it could alter the balance of power in a tightly contested race. Preliminary reports suggest the result may strengthen Arab parties and complicate Prime Minister Benjamin Netanyahu's path to a majority.The turnout is notable because participation in Arab towns has historically been lower, often ranging between 45% and 65% in recent elections. In this vote, however, the level of engagement appears to have risen sharply. The reports say the increase is linked... [Continue Reading]
UK budget due as Healey sets out first fiscal plan under Burnham
The United Kingdom is due to hear its first budget under Prime Minister Andy Burnham on Wednesday, with Chancellor John Healey scheduled to present the statement in parliament at 12.30 GMT. The announcement comes as the government faces high inflation, rising living costs and pressure over energy bills and debt servicing. It is being framed as a major test of how the new administration balances household support with fiscal restraint.Healey has said the budget will move "money and power out of Westminster and into every postcode around Britain", while also keeping borrowing under control. In a speech last month, he... [Continue Reading]
Israeli right makes provocative statements as election count continues amid coalition uncertainty
Senior figures on Israel's right have intensified their rhetoric as votes are counted in an election that appears to have left no clear path to a majority. The remarks, made during and after Tuesday's ballot, included claims about Arab voters, allegations of election theft and renewed pledges tied to settlements in Gaza and the occupied West Bank. The comments came as exit polls suggested Prime Minister Benjamin Netanyahu's governing alliance had suffered a setback.Finance Minister Bezalel Smotrich, speaking early on Wednesday at his far-right Religious Zionism party's headquarters in Jerusalem, dismissed opposition celebrations and said the government's settlement expansion would... [Continue Reading]
European markets open mixed as energy, gold and stocks diverge, with gas surging and Brent sliding
Executive summary: European equities opened with a split tone, as the Euro Stoxx 50 and CAC 40 advanced while the FTSE 100 and DAX slipped. The biggest cross-asset moves came in commodities, where natural gas jumped sharply, Brent crude fell nearly 5%, and gold extended gains above $4,060. FX was also softer for the euro and pound against the dollar, while the dollar eased versus the yen and yuan. The pattern points to a market balancing energy-price relief, safe-haven demand and a still-cautious equity backdrop. [Continue Reading]
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Tokyo Closes Mixed as Nikkei Extends Record Run, Kospi Surges, and Hong Kong Slips on Risk Rotation
Executive summary: Tokyo and broader Asia-Pacific trading ended with a split tone, led by a fresh record in the Nikkei 225 and a sharp rally in Seoul, while Hong Kong lagged. Commodities were also active, with gold holding above $4,050 and natural gas surging, even as WTI crude eased. FX moves were modest, with the yen slightly firmer and the yuan stronger against the dollar. [Continue Reading]
Israel election deadlock deepens as Arab parties could hold balance of power
Exit polls and updated projections in Israel have kept the country on course for another hung parliament, with no clear winner emerging from the first election since the October 7 attacks. The latest figures show Benjamin Netanyahu's bloc and the alliance led by Gadi Eisenkot still short of the 61 seats needed to govern in the 120-member Knesset. Arab parties may again prove pivotal if coalition talks begin after the count is completed.According to one broadcaster's latest projection, Netanyahu's bloc is on 52 seats and Eisenkot's bloc on 49, while another has the two camps tied at 51 each. Likud... [Continue Reading]
India's ties with Trump sour ahead of US midterms
Seven years after Indian Prime Minister Narendra Modi publicly backed Donald Trump at a mass rally in Houston, analysts say New Delhi's relationship with Washington has shifted sharply. The change comes as Trump faces difficult midterm elections that could weaken his hold on Congress and complicate his legislative agenda. Indian officials have also become more direct in their criticism of his administration in recent weeks, according to the supplied report.The earlier moment of support was highly visible. In 2019, Modi stood beside Trump in a stadium packed with more than 50,000 Indian Americans and praised him as warm, friendly, accessible,... [Continue Reading]
Syria and Jordan reopen Nassib border crossing amid probe into deadly airstrikes
Syria is reopening the Nassib border crossing with Jordan on Wednesday morning after a brief closure triggered by Jordanian airstrikes in southern Syria. The two governments have also agreed to investigate the strikes and set up a security committee to share intelligence and assess the aftermath. Regular passenger and commercial traffic is due to resume, according to the Syrian state news agency.The latest confirmed toll from the strikes is at least seven dead in Deraa and Suwayda, including five members of the same family, three of them children. Syria's Ministry of Emergency and Disaster Management said its teams responded at... [Continue Reading]
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Tokyo Opens Higher as Nikkei Extends Record Run, Hang Seng Slumps on Risk-Off Start
Executive summary: Tokyo and broader Asia-Pacific markets opened mixed, with Japan leading gains as the Nikkei 225 rose +1.9% and the Nikkei 225 ETF added +1.7%. South Korea’s Kospi also advanced +2.8%, while Hong Kong’s Hang Seng fell sharply -3.5%. Commodities were split, with WTI crude up +1.6% and gold edging higher, while platinum and palladium weakened. The yen was little changed against the dollar, and the yuan firmed modestly. [Continue Reading]
Trump touts Venezuela oil deal and floats 51st-state idea at Texas rally
Donald Trump used a campaign rally in Corpus Christi, Texas, to promote a new US oil arrangement with Venezuela and to suggest the South American country could one day become the 51st state. He told supporters that a tanker offshore carried what he described as one million barrels of oil from Venezuela. He also called the deal the "greatest oil victory in history".Trump said the agreement was struck with Venezuela's interim government, which he said is backed by his administration. He claimed the arrangement would cover "billions" of barrels of oil and said the fuel was being provided to the... [Continue Reading]
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Wall Street closes mixed as tech steadies, Tesla surges and Meta sinks on a bruising session for megacaps
Executive summary: U.S. stocks finished mixed, with the S&P 500 and Nasdaq eking out gains while the Dow slipped. The session was defined by a sharp rotation inside big tech, a powerful rebound in Tesla, a drop in Meta, and firmer moves in natural gas, gold and crude. Small caps outperformed, while the broader market also reflected ongoing sensitivity to AI sentiment, earnings and policy expectations. [Continue Reading]
Day News Recap: Ukraine under fresh strikes as Gaza inquiry deepens pressure on Israel
Russia launched renewed overnight strikes on Kyiv and other parts of Ukraine, hitting the South Bridge in the capital and causing fresh damage to transport infrastructure, while separate attacks in the Voronezh region killed three people and disrupted rail traffic. Kyiv was also hit by two waves of ballistic missile fire, leaving one woman dead and 14 people injured. 🔗 🔗 🔗Volodymyr Zelenskyy said Kyiv has been waiting for almost a month for US Defence Secretary Pete Hegseth to approve interceptor missiles for Patriot systems, as Ukraine also reported better interception rates against Russia’s jet powered drones but warned that... [Continue Reading]
Europe closes mixed as DAX outperforms while oil slides and gas surges, FX stays under pressure
Executive summary: European markets ended the session mixed, with Germany’s DAX leading gains at a fresh record close while the FTSE 100, CAC 40 and Euro Stoxx 50 finished lower. The biggest cross-asset moves came in energy, where Brent crude fell sharply and natural gas jumped, while gold edged higher and the euro and pound both weakened against the dollar. The split performance points to a market still balancing easing oil prices, firmer gas, softer FX and selective equity strength in Germany. [Continue Reading]
Israel election turnout hits highest level in 50 years as voting continues
Almost 45% of Israelis had cast ballots by mid-afternoon on Tuesday, according to the Central Elections Committee, as voting continued in a closely watched general election. Officials said the turnout by 2pm local time was the highest in 50 years, and 6 percentage points higher than at the same time in the last election in 2022. The figures came as polling stations reported long lines in several areas, with rainy and blustery weather and flood warnings affecting parts of the country.The high participation has added to the political significance of a vote already seen as a referendum on Prime Minister... [Continue Reading]
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Hegseth attends ASEAN defence talks in Manila amid South China Sea tensions
US Defence Secretary Pete Hegseth is in Manila this week for the ASEAN Defense Ministers' Meeting-Plus, a gathering of Southeast Asian defence ministers and their dialogue partners. The talks are taking place in the Philippines from Wednesday to Thursday and come as Washington seeks to reinforce ties with Asia-Pacific partners. Regional security concerns, including the South China Sea and Myanmar, are expected to dominate the agenda.The meeting brings together the 11 members of the Association of Southeast Asian Nations and eight dialogue partners, including China, Russia, India, Japan, South Korea, Australia and New Zealand. Hegseth is attending alongside counterparts from... [Continue Reading]
Wall Street opens mixed as tech firms up, Dow slips, and energy leads early gains
Executive summary: US stocks opened mixed at 9:40 a.m. New York time, with the S&P 500 and Nasdaq slightly lower while small caps, tech, and energy showed relative strength. The early tone points to a market balancing AI-linked optimism, firmer crude and natural gas, and softer moves in parts of the industrial and precious-metals complex. [Continue Reading]
Iranians brace for renewed attacks after Israeli and US elections
Iranians are watching the outcome of elections in Israel and the United States for signs that the current pause in hostilities could end. The article describes a renewed sense of anxiety in Tehran and elsewhere over the possibility of further strikes by Israel and the United States. It says the threat has re-emerged after a sharp drop in attacks following a June memorandum of understanding between Washington and Tehran.According to the report, Israelis have already voted on whether Prime Minister Benjamin Netanyahu will remain in power, while US midterm elections are due on November 3 and are expected to shape... [Continue Reading]
India says border face-offs with Chinese troops continue in Arunachal Pradesh
India's armed forces are locked in multiple ongoing face-offs with Chinese troops along the border in the northeastern state of Arunachal Pradesh, according to the head of the country's paramilitary border force. The remarks point to continuing friction on the undemarcated Himalayan frontier, even as New Delhi and Beijing have been trying to ease tensions through diplomatic engagement. The incident is centred on a remote and disputed stretch of border where patrol access and territorial claims remain sensitive.The comments were made by Shatrujeet Kapur, director general of the Indo-Tibetan Border Police, who said the standoffs "still continue". His remarks came... [Continue Reading]
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Israel votes as turnout hits four-decade high and coalition race stays tight
Turnout in Israel's national election has reached its highest level so far in more than four decades, as voters cast ballots in a contest widely seen as a referendum on Benjamin Netanyahu's rule. Polling published on Friday suggests Netanyahu is running almost neck-and-neck with former military chief Gadi Eisenkot, but neither bloc is projected to win the 61 seats needed for a majority in the 120-seat parliament. That leaves open the prospect of prolonged coalition talks after the vote.The latest reporting also says several leading parties complained on Tuesday morning about alleged irregularities at polling stations across the country. Israel's... [Continue Reading]
Europe opens mixed as DAX edges higher, FTSE gains and commodities send a risk-off signal
Executive summary: European markets opened mixed, with the DAX and FTSE 100 in positive territory while the Euro Stoxx 50 and CAC 40 slipped. The move comes alongside a sharp jump in natural gas, weaker precious metals, softer Brent crude and a firmer dollar against the euro and sterling. The pattern points to a market that is still balancing growth support from lower oil with pressure from higher gas and a broad pullback in metals and autos. [Continue Reading]
Tokyo and Asia-Pacific Close Mixed as Nikkei Slumps, Hang Seng Slides, and Energy Prices Jump
Executive summary: Asia-Pacific trading ended mixed, but the tone was defensive. Japan’s Nikkei 225 and the Hang Seng both fell sharply, while South Korea’s Kospi and Australia’s ASX 200 managed gains. In commodities, WTI crude surged and natural gas spiked, while gold, silver, platinum, and palladium all weakened. The moves point to a market balancing higher energy costs, softer precious metals, and uneven risk appetite across the region. [Continue Reading]
Western Australia opens comment on proposed 870MW gas-fired power station near Perth
Western Australia's environmental watchdog has opened public comment on a proposed 870-megawatt gas-fired power station at Keralup, about 75 kilometres south of Perth. The project was released on the same day the state government set out plans to almost double renewable energy generation over the next five years. If approved, it would be the state's largest gas-fired power station.The proposal is for the privately owned Keralup Energy Hub, developed by energy company APA. According to the material released for comment, the project would include a 210-megawatt facility linked to a future bio-fertiliser production plant and a 660-megawatt facility that would... [Continue Reading]
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Israel votes as Netanyahu faces tight race and pressure over Iran strategy
Israel is holding its first general election since the war in Gaza began, with voters choosing the 120 members of the Knesset. The result is being treated as a direct test of Prime Minister Benjamin Netanyahu's political future, as polls suggest his bloc may fall short of the 61 seats needed for a majority. If neither side can assemble a governing coalition, the country could be pushed toward another election.The campaign has centred on the war and on Netanyahu's ability to stay in office after years of political and legal pressure. According to the supporting material, his party is expected... [Continue Reading]
Brazil real and stocks slump after Lula re-election victory
Brazil's financial markets fell sharply after President Luiz Inacio Lula da Silva's unexpected re-election victory, with the real dropping 12% in spot trading against the US dollar. Bovespa stock index futures also tumbled nearly 15%, and trading on the exchange was halted for 30 minutes after the benchmark fell 10% from its previous close. The move reversed an earlier rally that had built on expectations of a shift to the right after the first round of voting.Investors cited concerns about higher spending, fiscal pressure and the outlook for borrowing costs under Lula's next term. A market strategist quoted in the... [Continue Reading]
Algeria orders troop deployment to Niger amid energy security mission
Algeria's President Abdelmadjid Tebboune has ordered troops to neighbouring Niger after parliament approved the deployment in an emergency session, according to the latest official account. The move is intended to protect shared energy and economic interests, and authorities in Niger are said to have requested military assistance. If carried out, it would be Algeria's first overseas military deployment since 1973.The presidency said the decision was taken under constitutional provisions that allow overseas military action with parliamentary approval. Officials have not said how many soldiers will be sent or when the deployment will begin. Algerian senator Belkacem Boulghiti said the troops... [Continue Reading]
Serbia election shock as Student List wins outright majority and SNS heads into opposition
The Student List has won Serbia's parliamentary election with 140 of the 250 seats, securing an outright majority and pushing the Serbian Progressive Party into opposition for the first time in almost 14 years. The result marks a dramatic break with the political order that has dominated the country since 2012. It also confirms that the student-led movement has moved from protest politics into direct control of parliament.The Serbian Progressive Party won 104 seats, according to the figures in the supporting material, leaving it well short of power after years of dominance under Aleksandar Vučić and his political bloc. The... [Continue Reading]
Brazil election runoff enters final day amid rival mass rallies
Supporters of Luiz Inacio Lula da Silva and Flavio Bolsonaro held large rallies on the final day of campaigning before Brazil's presidential runoff, as the race remained extremely close. Lula addressed supporters at Copacabana Beach in Rio de Janeiro, while Bolsonaro drew crowds in Minas Gerais in a separate show of strength. The vote on Sunday will decide whether Brazil keeps its left-wing leader or shifts toward the right.The latest polling cited in the supplied reporting showed the two candidates effectively tied on the eve of voting. A CNT/MDA survey released on Saturday put Bolsonaro on 46.3 percent and Lula... [Continue Reading]
Albania protests intensify in Tirana as clashes leave more than 300 injured
Saturday's antigovernment rally in Tirana escalated into some of the fiercest clashes seen in the Albanian capital in days. Police used tear gas, water cannon and rubber bullets to disperse crowds after thousands gathered for the demonstration. Several government buildings were attacked, and the Ministry of Education again became a focal point of the unrest.Authorities said more than 300 protesters and police were injured, and dozens of demonstrators were arrested. The rally drew students and other supporters from around Albania, with university professors, artists and opposition parties also said to have backed the mobilisation. Police had stepped up security across... [Continue Reading]
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Brazil runoff enters final debate phase as Lula and Bolsonaro trade policy attacks
Brazil's presidential runoff campaign entered its final televised debate phase on Friday, with Luiz Inacio Lula da Silva and his right-wing rival Flavio Bolsonaro facing off in Rio de Janeiro. The debate came two days before Sunday's vote and focused heavily on the economy, infrastructure, regional development, crime and the cost of living. Polls suggest the race remains extremely close, with the two candidates effectively tied heading into the final stretch.The exchange was broadcast on TV Globo and was described as more diplomatic than the pair's first face-off on Sunday, although it still included sharp personal attacks. Lula criticised Bolsonaro's... [Continue Reading]
Rubio urges Cubans to contact CIA as US pressure on Havana intensifies
US Secretary of State Marco Rubio has publicly urged Cubans seeking political change to work with the CIA, in a message that Cuban officials quickly mocked as Washington stepped up pressure on Havana. In a post on X, Rubio said the time was right for people in Cuba to act and described a "discreet partnership with the CIA" as a way to create positive change. The appeal came as the Trump administration continued a broader campaign of economic, political and legal pressure on the island.Rubio's message referred to what he called failed promises, corruption and the privileged lives of only... [Continue Reading]
Tibet earthquake: injured toll rises to 76 as rescue teams search Nagqu
The number of people injured in the magnitude-7 earthquake that struck China's Tibet region has risen to 76, while the death toll remains at 16. Rescue workers are continuing searches in and around Nagqu, where the quake hit on Thursday night local time. Officials said more than 12,000 residents have been evacuated and additional shelters are being built.Local authorities said at least 339 homes collapsed, and emergency teams have now carried out three rounds of searches, checking each household and village in the affected area. More than 5,000 people from three local counties have been deployed for rescue work, according... [Continue Reading]
Russia intensifies strikes on Ukraine with cluster bombs and energy attacks as front line shifts
Russia has intensified attacks on Ukraine by striking dozens of energy facilities and using cluster bombs in assaults that harmed civilians, according to the supplied report. The strikes come as Kyiv says it has consolidated its position on the front line and recaptured more territory than Russia has seized this year. The developments were reported on 23 October and are being framed against the wider war and the prospect of trilateral talks involving Ukraine, the United States and Russia.Ukrainian President Volodymyr Zelenskyy said in a public address that Ukrainian forces had liberated more territory since the beginning of autumn than... [Continue Reading]
IEA warns Europe enters winter with lowest gas reserves on record amid Iran war disruption
Europe is heading into winter with gas reserves at historically low levels and may face higher liquefied natural gas prices if the season turns cold, the head of the International Energy Agency has warned. Fatih Birol made the comments in Berlin, where he was speaking on the sidelines of an international conference. He said the disruption to global energy flows linked to the Iran war has left Europe more exposed than usual to further supply shocks.Birol said the region normally enters the colder months with much larger gas stocks, but current reserves are well below historical averages. He said Europe... [Continue Reading]
US tech stocks tumble as investors fret over AI spending
US technology shares fell sharply on Thursday as investors questioned whether the sector's heavy spending on artificial intelligence can be sustained. The sell-off hit the Nasdaq Composite particularly hard, with the index dropping 2.6 percent, while the broader S&P 500 fell 1.21 percent. The decline was led by some of the biggest names in the market, including Meta, Amazon, Nvidia, Tesla, Alphabet and Microsoft.Meta was the weakest of the group, falling nearly 7 percent after it raised its projected capital spending for the year to between $135bn and $145bn in its latest earnings report. That came even as the company's... [Continue Reading]
Israeli attacks in Gaza kill four, including a young girl, amid continued military expansion
Israeli attacks across Gaza killed four Palestinians in the past 24 hours, including a young girl, as the Israeli military continued to expand its control inside the territory. The deaths were reported in northern Gaza near the Jabalia refugee camp, in Gaza City and in Khan Younis. The latest killings come as the post-ceasefire death toll in Gaza continues to rise sharply.The Palestinian news agency Wafa reported that a young girl was killed by Israeli gunfire near the Jabalia refugee camp in northern Gaza. In Gaza City, a strike on a vehicle in the Tal al-Hawa neighbourhood killed one person... [Continue Reading]
Georgia Democrats seek to mobilise Black voters amid redistricting and election law fight
ATLANTA, Georgia - Democrats in Georgia are stepping up efforts to mobilise Black voters as President Donald Trump pushes to redraw congressional maps and as a state election law continues to draw criticism for its impact on African Americans. The issue is being framed by party figures and civil rights leaders as a direct challenge to the political influence of Black communities in a state that has become central to national elections. The focus has sharpened in Atlanta, where a Sunday service at Ebenezer Baptist Church brought politics, faith and voting rights into the same public space.The church service took... [Continue Reading]
Crew refusal leaves LNG carrier Al Ruwais adrift off Pakistan amid Strait of Hormuz danger
A liquefied natural gas carrier named Al Ruwais has been sitting adrift off the coast of Pakistan for weeks because its crew refuses to take the vessel through the Strait of Hormuz. The ship is 314 metres long, flies the Bahamian flag and is owned by a company in the United Arab Emirates. The standoff highlights how fears over the waterway are now affecting the movement of energy cargoes.According to the account provided by one crew member, the vessel's 34-member team does not want to attempt the crossing despite pressure from the owners. The sailor said the company was willing... [Continue Reading]
French borrowing costs overtake US amid budget turmoil
France's borrowing costs rose sharply on Thursday as investors reacted to renewed political and fiscal turmoil, pushing the country's 10-year bond yield above the equivalent US Treasury yield for the first time since 2013. The move came as France's bond market faced another round of selling and the gap between French and German 10-year borrowing costs widened to its highest level in almost 15 years. The French 10-year yield climbed to 5.089% in early trading, its highest level since July 2022.The latest rise followed a week of market concern over the government's ability to pass next year's budget. Investors have... [Continue Reading]
The Proving Ground, When “Decent” Reporting Meets High-Tech Warfare
For two decades I have watched wars unfold not only on battlefields, but on screens. Today’s incident over Kuwait, involving the downing of a U.S. F-15 Strike Eagle, is not just another headline in the Iran conflict. It may be a signal that something larger is unfolding behind the noise. Iranian state outlets rapidly circulated imagery of an ejected pilot. Washington responded cautiously. But beneath the spectacle lies a deeper question, whose technology was truly being tested? The Gulf as a live-fire laboratory For years, China has refined export-ready variants of its air defense systems, particularly the HQ-9 family and... [Continue Reading]
Shadows of Fire: The Long Arc of Iran–United States Tensions
A Region on Edge: The Latest Escalation In recent months, tensions between Iran and the United States have intensified once again, fueled by disputes over regional security, nuclear development, maritime incidents in the Persian Gulf, and the broader strategic balance in the Middle East. Officials in Washington have expressed renewed concern over Iran’s uranium enrichment levels, while leaders in Tehran have accused the United States of economic warfare through sanctions and diplomatic isolation. The fragile equilibrium that followed earlier rounds of indirect negotiations appears increasingly strained, with both sides engaging in sharp rhetoric at the United Nations, reinforcing military postures... [Continue Reading]
