Brazil presidential runoff campaign turns increasingly combative ahead of Sunday vote
Brazil's presidential runoff campaign has become markedly more combative in the final days before Sunday's vote, with insults on social media, a heated debate and intensified street mobilisation. The contest is between leftist pro-union President Luiz Inacio Lula da Silva and far-right challenger Flavio Bolsonaro, who is the son of former president Jair Bolsonaro. The two candidates are separated by only a few points, according to the supplied report, leaving the race highly sensitive to late shifts in turnout and persuasion.On Wednesday, several hundred supporters of Flavio Bolsonaro gathered in Bangu, a working-class neighbourhood in western Rio de Janeiro, in... [Continue Reading]
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Noontime News Recap: Typhoon Champi paralyses Taiwan as regional tensions and political strains build
Taiwan has been brought to a near standstill by Typhoon Champi, with schools and offices closed, hundreds of flights cancelled and emergency crews responding as casualties rise and power outages spread across the island. 🔗In the Middle East, the United Arab Emirates said an oil spill has affected beaches in Umm Al Quwain, while attacks on vessels continue in Gulf waters near the Strait of Hormuz, adding to concern over shipping security in the region. 🔗Israel has tightened restrictions in the West Bank after a deadly shooting near Hebron, where five Israelis were wounded before two gunmen were killed in... [Continue Reading]
Rubio turns to Jamnagar as US faces pressure over high oil prices
US Secretary of State Marco Rubio has ended a visit to India in the western port town of Jamnagar, a place that is not usually a stop for foreign leaders. The town featured prominently in his trip because it is home to a major oil refinery owned by Mukesh Ambani, one of Asia's richest men. Rubio also visited Mumbai, but his itinerary did not include the Indian capital, Delhi, prompting questions about the purpose of the trip.According to the supplied material, Rubio arrived in Mumbai on Tuesday, where he met Indian Foreign Minister S Jaishankar and several of the country's... [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]
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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]
Costa says EU migration pact fully applies as leaders push competitiveness, Ukraine support
European Council President António Costa told the European Parliament plenary session that EU leaders are focusing on competitiveness, the next multiannual financial framework, Ukraine and migration policy. He said the message from the European Council is that Europe is strengthening its competitiveness while remaining united in defending its interests and values. Costa said the EU has made progress since the informal meeting in Alden Biesen in February on its "one Europe, one market" programme. He said the bloc has cut red tape, removed burdens and taken steps toward a genuine capital markets union. He described the agreement on the market... [Continue Reading]
Netanyahu says toppling Iran's government remains Israel's primary objective
Israel's Prime Minister Benjamin Netanyahu has said that overthrowing Iran's government remains Israel's primary objective, in remarks that underline the continuing focus on Tehran after months of regional conflict. The comments came as he faces declining support in the polls ahead of national elections next week. They also followed conversations with United States President Donald Trump on Sunday and a visit to Israel by Pentagon chief Pete Hegseth.Netanyahu did not indicate that Washington had agreed to join another offensive against Iran, or to support a campaign aimed at bringing down its leadership. The report says analysts remain sceptical that military... [Continue Reading]
Russia signals possible mediation in US-Iran nuclear talks
Russia has signalled that it could play a mediating role in renewed discussions between Washington and Tehran over Iran's nuclear programme. The development follows a visit this week by Russian Foreign Minister Sergey Lavrov to Iran, where he met President Masoud Pezeshkian and other officials. Media reports cited in the supplied material say Moscow has offered to help bridge the gap between the two sides as talk of a possible nuclear deal returns.The reported outreach comes after two earlier meetings between Pezeshkian and Russian President Vladimir Putin on 8 October and 1 September. The supplied material says Russia's nuclear expertise... [Continue Reading]
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Day News Recap: Sudan market strike kills 153 as Middle East tensions and Ukraine diplomacy intensify
A drone strike on a market in Sudan's disputed Abyei border region killed at least 153 people, according to a local official, and a fire at a nearby fuel depot was still burning as emergency crews struggled to respond. 🔗In the Middle East, the Islamic Revolutionary Guard Corps said two oil tankers were hit by mines it had laid in the Strait of Hormuz, setting both vessels on fire, while Iran and Russia deepened their alignment as Sergey Lavrov backed Tehran during talks in the Iranian capital. 🔗 🔗Yemen also saw fresh violence, with a powerful blast reported in Aden... [Continue Reading]
Breakfast News Recap: Witkoff in Russia as Sudan toll rises and NATO boosts Black Sea patrols
US special envoy Steve Witkoff has arrived in Saint Petersburg for talks with President Vladimir Putin, as Washington continues shuttle diplomacy over the war in Ukraine. Donald Trump has meanwhile urged Volodymyr Zelenskyy to make a deal with Russia, saying the United States has received nothing back for its support, while Republicans at home are pushing back over reports of a Russian diesel deal and a pause in sanctions on Moscow. 🔗 🔗 🔗In the Black Sea region, NATO is sending extra maritime patrol aircraft, radar systems, drones and intelligence personnel after a series of deadly suspected drone attacks. The... [Continue Reading]
Israel election debate turns on Knesset voting record on Palestinians
Israelis are due to vote on October 27 in the first election since the war in Gaza and the wider conflicts involving Lebanon and Iran. The campaign is being framed as a referendum on Prime Minister Benjamin Netanyahu, while debate inside Israel has increasingly focused on how mainstream parties in the Knesset have voted on measures affecting Palestinians. Those votes have included moves rejecting Palestinian statehood, backing annexation of the occupied West Bank and cutting aid.The reporting says Israel's parliament, the Knesset, has passed or advanced a wave of laws and motions on these issues since the start of the... [Continue Reading]
Trump approval falls to record low as Democrats widen midterm lead
The latest Reuters/Ipsos poll shows United States President Donald Trump's approval rating at 31%, the lowest level recorded during either of his terms in office. The same survey found Democrats leading Republicans by 12 points in a generic congressional ballot test, widening their advantage from seven points two weeks earlier. The findings come as the country moves toward the November 3 midterm elections, when control of both chambers of Congress will be at stake.The poll canvassed 1,679 adults and found that 47% would vote for Democrats if the election were held today, compared with 35% for Republicans. About 31% of... [Continue Reading]
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HSBC Sharia fund invested in firms linked to Israel's military supply chain
HSBC has come under scrutiny after a report said its Islamic Global Equity Index Fund invested more than $130 million in companies linked to Israel's military supply chain. The fund is marketed as Sharia-compliant and is one of the United Kingdom's largest Islamic investment products. The report said the holdings included firms associated with components, technology and equipment used in military applications.The companies named in the report include Palantir and RTX, which it described as part of the wider supply chain supporting Israel's military. HSBC's fund, which has more than $8bn in assets, is designed to channel savings into global... [Continue Reading]
Kenyan court convicts starvation cult leader over 191 deaths
A court in Kenya has found starvation cult leader Paul Mackenzie guilty of murder over the deaths of 191 people linked to the Shakahola case. The Mombasa Law Court said on Monday that the self-proclaimed pastor and dozens of associates were responsible for the deaths of 190 children and one adult. The verdict marks a major legal step in one of the country's most disturbing mass-death cases.Prosecutors said Mackenzie and his Good News International Church organised a Christian doomsday sect that instructed followers to starve themselves and their children to death. They said the group believed this would help them... [Continue Reading]
Cuba faces renewed pressure as reports point to possible US military action
Cuba is facing renewed pressure amid reports of increased US military activity in the region and repeated public statements from US officials saying they want "Cuba to be free." The immediate focus is on whether Washington is preparing some form of action against the island, although the timing and nature of any move remain unclear. The development comes as commentary in the supplied material links the situation to earlier US operations in Venezuela at the start of the year. That has raised concern that Cuba may be entering a new and uncertain phase in its long confrontation with Washington.The supplied... [Continue Reading]
Israel election battle over Arab-led and ultra-Orthodox kingmakers ahead of October 27 vote
Israel's election campaign is increasingly focused on the role of smaller parties that could decide who forms the next government after the October 27 vote. Arab-led parties Ra'am and the Joint List are being cast as possible kingmakers, with polls projecting them to win 13 seats together. That would make them potentially decisive in coalition talks in the 120-seat Knesset if neither of the main blocs secures a majority.The immediate political fight has centred on accusations and counter-accusations between Prime Minister Benjamin Netanyahu's camp and its rivals. Netanyahu has repeatedly attacked opponents over their ties to Ra'am and the Joint... [Continue Reading]
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Brazil presidential runoff debate turns into personal attacks a week before vote
Brazil's president and his opponent traded repeated personal attacks in their first presidential runoff debate, held a week before the October 25 vote. Luiz Inacio Lula da Silva and right-wing Senator Flavio Bolsonaro clashed on stage in a chaotic exchange that quickly moved beyond policy into accusations of corruption, insults and references to past scandals. The debate took place as the race remained tight after the first round, in which Bolsonaro led Lula 47% to 45%.During the debate, both men called each other a liar multiple times and accused the other of corruption. Lula described Bolsonaro as a "habitual liar"... [Continue Reading]
Dubai Property Market Faces Litmus Test as Nakheel Waterfront Investors Await Final Judicial Verdict
Hundreds of international and local investors who purchased land plots in Nakheel’s massive "Waterfront" project nearly two decades ago are holding their breath. Following the official cancellation of the project by the Dubai Land Department and its integration under Dubai Holding, a special judicial committee appointed by His Highness Sheikh Mohammed bin Rashid Al Maktoum has been tasked with resolving the liquidation and settling investor claims. ​Because the decisions of this specialized committee are legally binding and final, with no avenue for appeal, the upcoming rulings are being viewed as a critical turning point for the regulatory reputation of Dubai's... [Continue Reading]

