Det Supt Andy Furphy said he hoped other potential victims would gain "courage" and "confidence" from the guilty verdicts. Continue Reading »

Three women made allegations about the men they were partnered with. Channel 4 has apologised and said the show's budget would be reinvested in "distinctive new programming". Continue Reading »

The chef had stated that putting pineapple on pizza was "offensive to his culture". Continue Reading »

As Cristiano Ronaldo retires from international football, Guillem Balague looks at why and what is next for the Portugal legend. Continue Reading »

About 20 million people enjoy fireworks at home every year, but some campaigners want quieter displays. Continue Reading »

The biggest forces shaping the economy aren't going to change just because the party in power did. Continue Reading »

U.S. midterm results could slow data center development, raising the value of existing AI capacity while increasing pressure on debt-funded neoclouds. Continue Reading »

Democrats in Congress could impose tougher rules on crypto and investigate President Donald Trump, ushering in a tougher era for the industry. Continue Reading »

In a CNBC interview, the policymaker expressed concern over inflation and said monetary policy will need to adjust. Continue Reading »

Democrats are preparing to put a spotlight back on Epstein as part of sweeping investigations following their wipeout victories in Tuesday's midterm elections. Continue Reading »

Par AFP Par Olga NEDBAEVA © 2026 AFP Les drones, omniprésents au salon de défense Euronaval, illustrent l'adaptation des marines aux conflits modernes, mais les industriels ont encore "de grands progrès à faire" pour accélérer l'intégration des systèmes autonomes aux flottes "hybrides", a estimé dans un entretien à l'AFP le contre-amiral Guillaume Merveilleux du Vignaux, commissaire du salon qui se tient cette semaine à Villepinte, au nord de Paris. Les conflits en Ukraine et au Moyen-Orient ont révélé la vulnérabilité des marines face aux menaces asymétriques : en mer Noire, les drones ukrainiens ont détruit une partie de la flotte russe et contraint le reste à se replier, tandis que les marines occidentales ont dû engager des missiles coûtant parfois plusieurs millions d’euros pour abattre les drones bon marché des Houthis. QUESTION: Pourquoi les marines doivent repenser leur flotte? REPONSE: On est en confluence de deux phénomènes. L'un est géopolitique avec le débordement des crises et des conflits en mer. Il n'y a pas de frontière à franchir pour aller imposer sa volonté à l'autre.Les répercussions de ces conflits touchent nos concitoyens au quotidien, on le voit au prix du pétrole qu'ils mettent dans leur voiture...L'autre c'est le ... Continue Reading »

Par AFP Par Alice CHANCELLOR © 2026 AFP Les acclamations accueillant mercredi soir Boy George dans un stade bondé de Tel-Aviv témoignent de la popularité intacte du chanteur britannique. Mais aussi de la joie de fans face à une star internationale se produisant en Israël, un phénomène devenu rare."Shalom", lance à la foule le flamboyant leader de Culture Club lorsqu'il monte sur scène en veste à paillettes pour un concert à guichets fermés.Le chanteur britannique de 65 ans fait partie des rares artistes internationaux à avoir ignoré les appels au boycott culturel d'Israël, qui se sont intensifiés depuis son offensive militaire dans la bande de Gaza, lancée en représailles à l'attaque du Hamas le 7 octobre 2023, la journée la plus meurtrière de l'histoire du pays."D'un point de vue culturel, c'est la chose la plus extraordinaire qui nous soit jamais arrivée", déclare à l'AFP Nahum, qui se présente comme fan de Boy George depuis plus de 40 ans, avant d'entrer dans la salle."J'irais même jusqu'à le qualifier de héros, surtout si l'on considère le courage dont il a fait preuve en venant ici, malgré le très grand nombre de menaces qu'il a reçues", estime-t-il. "Au côté des ... Continue Reading »

Par AFP Par Jean-Philippe LACOUR © 2026 AFP Commerzbank a publié jeudi des résultats trimestriels en forte hausse, à l'heure où se préparent les prochaines étapes de son rapprochement avec l'italienne UniCredit, devenue de facto son actionnaire de contrôle.De juillet à septembre, le bénéfice net a progressé de 45 % sur un an à 859 millions d'euros. Sur les neuf premiers mois de l'année, il atteint 2,7 milliards d'euros, soit un record historique, met en avant la banque de Francfort dans un communiqué. Sur le trimestre écoulé, les revenus ont progressé de 9 % sur un an pour atteindre 3,2 milliards d'euros, grâce à la forte progression des commissions et à la hausse du revenu net d'intérêt, tandis que les coûts totaux sont restés stables à 1,68 milliard d'euros.La banque a confirmé son objectif annuel de revenus d'environ 13,2 milliards d'euros pour 2026, tout en abaissant légèrement sa prévision de revenu net d'intérêt à 8,5 milliards d'euros, contre 8,6 milliards auparavant, en raison d'une concurrence accrue sur les dépôts. Travaux préparatoires Ces résultats interviennent alors que Commerzbank est entrée dans une nouvelle phase de son histoire.Depuis une irruption surprise au capital en 2024, la banque italienne ... Continue Reading »

Par AFP © 2026 AFP Le candidat LR à la présidentielle Bruno Retailleau a assuré jeudi que "les héritiers du macronisme" ne pourront pas remporter une éventuelle primaire de la droite et du centre, refusée à ce stade par Édouard Philippe, mais sans s'engager à en soutenir le vainqueur."J'ai l'absolue conviction que les héritiers du macronisme, les anciens Premiers ministres (Gabriel Attal et Edouard Philippe) ne pourront pas gagner cette primaire", a affirmé à la presse le patron des Républicains lors de sa visite du salon Euronaval. Le bilan des deux quinquennats d'Emmanuel Macron "est tellement désastreux qu'il les irradie et qu'ils n'arriveront pas à s'en séparer", a ajouté Bruno Retailleau, qui répète depuis le début de la campagne "qu'il n'y aura pas de saison 3 du macronisme".A la peine dans les sondages, le candidat de LR s'est rallié mardi à l'appel de Gabriel Attal (Renaissance) à l'organisation de cette compétition afin d'éviter une élimination dès le premier tour de la droite et du centre. Fichier vidéo ... Continue Reading »

Par AFP Par Valérie LEROUX et Francesco FONTEMAGGI © 2026 AFP Théoriquement à l'écart de la campagne présidentielle, Emmanuel Macron laisse filtrer ses recommandations : le chef de l'Etat plaide pour que les candidats de Raphaël Glucksmann à David Lisnard "travaillent ensemble" avant l'élection, dans une "logique de coalition", pour empêcher un second tour entre les extrêmes.Ne pouvant briguer un troisième mandat consécutif, le président sortant s'est assigné un rôle de "garant" de la bonne tenue du scrutin du printemps.Mais en coulisses, il "ne se résoud pas à un duel LFI/RN", a indiqué jeudi à l'AFP un de ses proches interlocuteurs, alors que les sondages donnent actuellement Jean-Luc Mélenchon en mesure de se qualifier au second tour face à Marine Le Pen.La parole n'est pas officielle, mais elle a clairement vocation à être partagée, dans l'espoir d'influer sur le cours de la campagne.Il "pense que sur l'Europe, l'Etat de droit, l'économie de marché, le rejet des extrêmes, ce qui unit de Lisnard à Glucksmann est plus fort que ce qui divise", relève cet interlocuteur."Dans un contexte de tripartition, ces forces-là doivent donc assumer qu'elles auront à travailler ensemble et le faire dès aujourd’hui dans une logique de coalition", ajoute-t-il.Qui ... Continue Reading »

A British healthcare worker has contracted Ebola in DR Congo, where the outbreak has killed more than 5,100 people Read Full Article at RT.com Continue Reading »

Three German soldiers were hospitalized after two military trucks collided on a highway in Poland, military police say   Read Full Article at RT.com Continue Reading »

Ukrainian authorities are investigating protesters who confronted National Guard troops over allegations of torture at a facility near Kiev Read Full Article at RT.com Continue Reading »

Western criticism of India on democratic freedoms amounts to “pure hypocrisy,” former Indian diplomat Yashvardhan Kumar Sinha tells RT Read Full Article at RT.com Continue Reading »

French authorities have banned a key Paris protest route as up to 700,000 people prepare to join a nationwide strike Read Full Article at RT.com Continue Reading »

Continue Reading »

Continue Reading »

$TRUMP опустился до $1,19 Continue Reading »

На месте аварии работают следователи Continue Reading »

Половина граждан, с которыми Народный фронт связался после рассмотрения их обращений на программу "Итоги года с Владимиром Путиным" за 2025 год, подтвердили, что довольны тем, как решился их вопрос, сообщил руководитель исполкома организации Михаил Кузнецов Continue Reading »

NYT: Inside Trump's Historic Collapse... (Top headline, 1st story, link) Related stories:WASH POST: He laid path for wipeout...WSJ: Most decisive repudiation of an American president... Drudge Report Feed needs your support!   Become a Patron Continue Reading »

WASH POST: He laid path for wipeout... (Top headline, 2nd story, link) Related stories:NYT: Inside Trump's Historic Collapse...WSJ: Most decisive repudiation of an American president... Continue Reading »

WSJ: Most decisive repudiation of an American president... (Top headline, 3rd story, link) Related stories:NYT: Inside Trump's Historic Collapse...WASH POST: He laid path for wipeout... Continue Reading »

LOS ANGELES SOCIALIST MAYOR (Main headline, 1st story, link) Drudge Report Feed needs your support!   Become a Patron Continue Reading »

ROSIE RETURN? (First column, 1st story, link) Continue Reading »

Mojtaba Khamenei’s consultations suggest a new system of decision-making is taking shape. Continue Reading »

British comedian was convicted by jury at London court of one count of rape and three counts of sexual assault. Continue Reading »

Former army surgeon and Gaza volunteer Hamawy is the first Muslim American elected to the US Congress from New Jersey. Continue Reading »

The midterms showed that challenging support for Israel can win votes. But changing US foreign policy may be harder. Continue Reading »

Taiz residents face health risks as waste accumulates amid sniper fire, forcing people to burn it in the streets. Continue Reading »

Judges reveal they previously considered calling Gali Baharav-Miara to court amid disputes over the prosecution's handling of the bribery charge in Case 4000, saying the trial has involved 'many unusual things' Continue Reading »

Security agency transfers intelligence on suspected foreign funding of Arab parties following clash with AG over demands to question lawmakers; investigators examine allegations involving Qatar, Turkey and PA; no arrests or interrogations currently planned Continue Reading »

Continue Reading »

Jerusalem has ordered billions in American arms beyond Washington's existing commitments, complicating Trump's push to end military aid; lawmakers weigh shift to joint defense production as questions mount over who will pay for future arms deliveries Continue Reading »

Students face expulsion, intimidation and threats as Tehran intensifies its crackdown on campus protests, with the war providing fresh cover for repression Continue Reading »

How an unpopular president and an unpopular war provided an opening for Democrats to make sweeping gains in the midterms. Continue Reading »

The third most populous state withstood a national Democratic surge on Tuesday, even as Republicans amassed deep losses in Texas and across the electoral map. Continue Reading »

Victories by moderates in competitive or Republican-leaning states and districts paved the way for large new Democratic majorities likely to be shaped by their priorities. Continue Reading »

Plus, how K-pop controls its stars. Continue Reading »

Some Democrats quickly signaled they could try to roll back the president’s tax and trade policies, ignoring his early veto threats. Continue Reading »

The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips. Continue Reading »

DeepSeek, SoFi and more in the latest Market Talks covering Technology, Media and Telecom. Continue Reading »

DeepSeek is called “amazing and impressive” despite working with less-advanced chips. Continue Reading »

The LinkedIn co-founder is starting Manas AI with “The Emperor of All Maladies” author Siddhartha Mukherjee. Continue Reading »

Apps can add flexibility and freshness to your routine. Just try not to get injured. Continue Reading »

Israel allowed displaced Gazans to begin crossing a military zone that bisects the enclave after a deadlock over hostage releases was broken. Continue Reading »

Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step in. Continue Reading »

Some of the women were held alone for extended periods and spent eight months in tunnels, an Israeli medical official said. Continue Reading »

The alliance mounted its first coordinated response to a suspected sabotage campaign against critical infrastructure after another cable was severed in the Baltic Sea. Continue Reading »

Residents of Goma reported gunfire and shelling after rebels overran Congolese troops. U.N. officials estimated that more than one million displaced people were now inside the city. Continue Reading »

Bernie Sanders’ focus on economic populism once faced criticism within the party. Now it's winning in Michigan, Texas, Montana and Wisconsin. Continue Reading »

Continue Reading »

The Latino inroads Trump made over the last decade have been completely reversed Continue Reading »

Republicans ran the country's second most-populous state for 30 years. Tonight Democrats took it back. Continue Reading »

Republicans accepted what is on track to be a historic midterm defeat — a long-feared “blue wave” washing across the nation. Continue Reading »

The Massachusetts Democrat currently serves as Hakeem Jeffries' No. 2. Continue Reading »

Both Jim Jordan and Steve Scalise are close presidential allies, suggesting no clean break is imminent. Continue Reading »

Party elections will test how closely GOP members — angry over Republicans’ deep defeats — tie their existing leadership team to the thrashing. Continue Reading »

After securing a huge majority, House Democrats’ warring factions say they are preparing to collaborate. Continue Reading »

Continue Reading »

President Donald Trump on Thursday said Republican Sen. Dan Sullivan should be given votes cast for what he called "the Fake Dan Sullivan" also on the Alaska ballot. Continue Reading »

Wednesday’s statement is the vice president's first post-election attempt to distance himself from a war the president has repeatedly defended. Continue Reading »

Congress will likely need to weigh in on any decision between the U.S. and Israeli leaders. Continue Reading »

Trump says she will discuss the limited ceasefire she helped broker. Continue Reading »

Judge Darrin Gayles found that Trump’s attorneys had failed to credibly allege “actual malice” in its complaint against the paper. Continue Reading »

Democrats of all ideological stripes romped across the map on Tuesday. But progressives are claiming something else in their victories: vindication. Running on unabashedly populist platforms like Medicare for All and taxing the rich, candidates like Abdul El-Sayed in Michigan, Troy Jackson in Maine and, if returns hold, Randy Villegas in California's Central Valley tore up the party establishment's playbook on winning in swing territory — in some cases, toppling entrenched Republicans who had fended off previous onslaughts from Democrats. Continue Reading »

The morning after Michigan now-senator-elect Abdul El-Sayed won the Democratic primary in August, The New York Times's Michelle Goldberg nervously laid out the stakes. "Either El-Sayed wins and shows anxious liberals like me new horizons of political possibility," she wrote, "or he loses in a year when Democrats are expected to dominate and offers a hard lesson on the necessity of pragmatism." Continue Reading »

'We're all socialists now," Washington Post columnist Robert J. Samuelson declared in the early summer of 2019. We weren't, but Samuelson's confusion was understandable. His misconception was common among his fellow Democrats. Continue Reading »

Last week, Donald Trump joked that $5,000 could at most buy you a hamburger and "maybe a small dessert" at Mar-a-Lago. "It's not a good place if you're price conscious," he said about his Florida beach club. It was a typically tone-deaf comment. The price of beef is a particular sore spot for Americans, since it is a key ingredient in the fast food that defines the American way of life, and its price has soared by 22% since Trump took office last year. When he was re-elected in 2024, Trump promised to bring down prices; instead, he raised them with his tariffs and his ill-fated war in Iran. The inflation rate, which had been running at 3% when he took office, is now approaching 4%. No wonder Trump's Republican Party suffered a crushing defeat in Tuesday's mid-term elections, in large part due to the nation's worsening cost-of-living crisis. This week, even his own past supporters turned on him. Continue Reading »

Data center developers are having a bad year at ballot boxes across America. On Nov. 3, many cities and counties held votes on more restrictive rules for data centers. Six communities had already voted to pass similar ordinances earlier in the year. Taken together, 38 local measures restricting data center development have now carried, and six measures are leading, for a total of at least 44 new roadblocks that developers will have to either work around or avoid by siting their data centers elsewhere. Continue Reading »

The United States will bring together delegations from Ukraine and Russia in Abu ​Dhabi on November 10-11 to discuss ending Moscow's war ‌against Ukraine, post-war security agreements and de-escalation, US envoy Steve Witkoff said on Monday. US negotiators have been seeking a breakthrough in the long-running conflict before ​the winter sets in. The last US-mediated peace talks ​took place in February before the United States and ⁠Israel launched a war against Iran. Continue Reading »

As MAGA scrambled to make sense of its crushing midterms defeat, Vice President JD Vance offered a blunt assessment, pointing squarely to the Iran war. "Everyone knows why we lost," he wrote in a lengthy X post. "And any honest conversation about where we go from here must start there." Vance's diagnosis is largely correct. Poll after poll reinforces his point about the political damage inflicted by the Iran war and its impact on the cost of living. Inflation and gas prices spiked as a direct consequence of the conflict, and the famously anti-interventionist Vance is wise to point this out. Continue Reading »

Democrats' victories in the midterm elections could have a major impact on Americans' healthcare, from how much people pay for health insurance and prescription drugs to what coverage is available to them, according to health policy experts and former White House advisers. If the Democrats and President Donald Trump are willing to work together, that is. Continue Reading »

Neither Prime Minister Donald Tusk's government nor President Karol Nawrocki has secured majority public support in Poland's deepening constitutional crisis, with new opinion polls revealing widespread dissatisfaction with both camps. The largest group of respondents believes neither side is right, while younger Poles are particularly critical of the confrontation following Friday's attempted judicial coup at the Constitutional Tribunal. Continue Reading »

Wars in Ukraine and the Middle East are forcing NATO to rethink how it would counter a Russian attack—including by taking off the gloves and striking far inside Russian territory. Top officers and officials from across the North Atlantic Treaty Organization gathered in June for the alliance's first-ever Deep Strike Symposium. Hosted by U.S. Air Force Gen. Alexus Grynkewich, NATO's top military commander, the discussions and wargame tackled a topic few attendees would have openly addressed until recently. Continue Reading »

In the aftermath of their failure to flip House districts they redrew this year to favor themselves, Republicans mounted a defense of their controversial project, arguing that without it, their losses would have been even worse. "Redistricting saved Republicans seats in Texas that otherwise would have been lost in this wave," Adam Kincaid of the National Republican Redistricting Trust said in an interview. "We were building that Texas map for a scenario like 2018, but not a 1974." Continue Reading »

Russia and Ukraine exchanged airstrikes overnight as talks were set to resume in Brussels on Thursday on Ukraine's postwar reconstruction and security guarantees once the conflict ends. Moscow launched its full-scale invasion nearly five years ago. The latest Russian aerial barrage underscored the scale of the rebuilding task, as did the ongoing search for people missing beneath rubble after a deadly airstrike in southern Ukraine on Monday. Continue Reading »

The dust has not yet settled from the seismic midterm elections, but the contours of the Democratic triumph are becoming clearer. Continue Reading »

Democratic candidates made up significant ground among key demographic groups in the 2026 midterms, according to The AP Voter Poll, reversing many of the gains President Donald Trump made with the traditional Democratic coalition in the 2024 presidential election. Continue Reading »

A nuclear-armed Iran is nowhere near as dangerous to Americans as a socialist Democrat Party running the government, which is what's about to happen. Continue Reading »

Exactly 17 years ago today, on November 5, 2009, tragedy struck Texas when US Army Major Nidal Hasan opened fire on his fellow service members, leaving 13 dead and 32 wounded. Continue Reading »

Conservative US Supreme Court justices appeared sympathetic on Tuesday toward a challenge by Catholic groups to a Colorado law barring anti-LGBT discrimination at publicly funded preschools in a case ​that could further bolster the rights of religious people and institutions. The court, whose 6-3 conservative majority has taken a broad view of religious liberty, heard arguments in a bid by the Archdiocese ‌of Denver and other Catholic entities for an exemption from a Colorado preschool funding program's nondiscrimination requirement. Republican President Donald Trump's administration backed the Catholic groups in the case. Continue Reading »

Erika Nagle loves the preschool at St. Mary Catholic Parish. When her first two children attended, she shuttled them 40 minutes to the school and back home in Denver-area traffic. But her choice meant she had to forgo the roughly $6,300-per-child assistance that Colorado's universal pre-K program provides parents who send their kids to many other preschools. Families at St. Mary are not eligible for the financial assistance because the school, like others run by the Denver Archdiocese, does not accept children of gay parents, a policy that violates the pre-K program's antidiscrimination requirements. Continue Reading »

The Supreme Court's conservative majority offered clear support Tuesday for Catholic preschools that claim Colorado's taxpayer-funded program improperly excludes them by unconstitutionally intruding on their religious rights. At issue is whether those private education institutions that deny admission to children of LGBTQ+ parents violate state anti-discrimination laws, and can therefore be denied a generally applicable public benefit. Continue Reading »

Talk about a thumping. After months of struggling to overcome brutal political fundamentals, most Republicans awoke Wednesday to the fresh pain of getting kicked to the curb by the American people, along with a fat dollop of dread about what comes next. But not President Trump. I suspect he greeted the morning with a tingle of anticipation, if not outright excitement, for what lies ahead: two years of nonstop, bare-knuckle brawling with a Democratic-controlled House and Senate. In other words, Mr. Trump's idea of heaven. Continue Reading »

Russell Brand Found Guilty As 'Only Three Rapes' Defense Fails Russell Brand has been found guilty of rape and sexual assault, three days after his barrister asked jurors, "Why is it that only three rapes in 10 years?"The 51-year-old comedian was convicted at Southwark Crown Court on Thursday of one count of rape and three of sexual assault, the Telegraph reported. The rape conviction relates to a young fan Brand met after one of his Hammersmith Apollo shows in 2009, and one of the sexual assaults to a woman at a Soho bar in 2004, according to GB News.Brand had faced seven counts involving six women between 1999 and 2009, and pleaded not guilty to all of them. Reports did not immediately say whether the jury cleared him of the remaining three counts - two of rape and one of attempted indecent assault - or is still considering them.Brand, who was accompanied to court by his wife Laura Gallacher, is expected to face a lengthy prison sentence.As we reported on Wednesday, Brand's barrister, Ian Winter KC, closed the defense on Monday by turning his client's sex life into an ... Continue Reading »

The Bank Tied To Paraguay's President Just Collapsed, And Depositors Are In The Streets Paraguay's central bank seized Ueno Bank on Tuesday, locking an estimated 3 million customers out of their money and setting off street protests and an impeachment bid against President Santiago Peña. The central bank's board voted unanimously late Monday to put the digital lender into "resolution," the regulator announced, after Ueno's solvency ratio fell below half the legal minimum. Customers could not withdraw or transfer a guaraní.🇵🇾 Crisis del Banco Ueno en Paraguay deja a millones de clientes sin acceso a sus cuentas📣 Un grupo de manifestantes se movilizó en Asunción (oeste) para rechazar la intervención de la institución bancaria, así como para exigir que se restablezca el acceso de los clientes a… pic.twitter.com/ybfa5xOJ5R— Sputnik Mundo (@SputnikMundo) November 5, 2026 Ueno says its customers number about 3 million, roughly 60% of Paraguay's adult population, though Paraguayan press counts put the number of account holders nearer 1.7 million. It was also holding between $800 million and $850 million in public money, including about $380 million from the state pension and health fund, known as IPS. The central ... Continue Reading »

Life After AI: Where The Money Is Now Moving Submitted by QTR's Fringe FinanceAs I write this Thursday morning, Dow futures are green while Nasdaq futures are down roughly 0.5%. It’s a small but interesting divergence, and one that supports something I’ve been predicting for a while now: a rotation away from speculative technology and AI-related investments and toward established businesses with more predictable earnings and cash flows.I continue to believe tech, particularly the more speculative corners of the AI trade, is headed lower over the short to medium term. Yesterday’s rally didn’t change that view. As I discussed yesterday, citing Gordon Johnson, I think much of the move could be attributable to VIX compression and the unwinding of election-related hedges. Once the election uncertainty disappeared, investors no longer needed as much protection, implied volatility fell, and the resulting repositioning helped push stocks higher.That doesn’t mean there wasn’t genuine buying, or that the market can’t rally further. But I would be careful about mistaking a mechanical relief rally for a fundamental improvement in the outlook. Valuations remain stretched, financing costs remain a problem, and the economics of the AI ... Continue Reading »

Iran Carves Out Strait Of Hormuz Exemptions For China, India, Iraq, Qatar In a significant albeit underreported development for global energy, and for the US-Iran standoff in the Persian Gulf, Iranian parliament has this week announced it is exempting several key trading partniers from its oil transit restrictions in the Strait of Hormuz.The move was first unvieled Tuesday by Ahmad Hayat-Moghaddam, Vice Chairman of the Iranian Parliament’s National Security and Foreign Policy Committee, at a moment Iranian export flows are struggling under the many months-long US naval blockade of the country's ports."We have currently exempted India, China, Iraq and Qatar from transit restrictions in the Strait of Hormuz. Ships from these countries pass freely," Hayat-Moghaddam stated in an interview to the Iranian Student’s News Agency (SNA). via Associated Press He described that this also aimed at shoring up "mutual interests" among countries that have long done business with one another.The Iranian official also sought to frame the change as arising out of joint humanitarian concerns:Tehran is facilitating the movement of Indian ships for the purpose of medicines, while Chinese ships are exempted from the restrictions to “secure” Beijing’s political support, Hayat-Moghaddam ... Continue Reading »

How The Historic Blue Tsunami Could End In Tears For Democrats Democrats are celebrating one of their biggest midterm victories in decades, but their historic triumph could come with a nasty political hangover. Senate Democratic Leader Chuck Schumer, right, and House Democratic Leader Hakeem Jeffries, both of New York Anadolu via Getty Images file The party's sweeping gains in Tuesday's elections delivered a major rebuke to President Donald Trump, as voter frustration over the Iran war, soaring gas prices and the cost of living fueled a nationwide Democratic surge.However, the New York Post's Isaac Schorr argued in an op-ed that Democrats' biggest victory could quickly become their next political headache.The problem is simple: Trump isn't going anywhere.Schorr argues that even with Congress under Democratic control, Trump's veto power could prevent the party from delivering on its legislative agenda:"With President Donald Trump in the White House and his veto pen in hand, they won't be able to push through any of their major agenda items"However, there is another problem, according to Schorr:"His caucus won't let him work with Trump during his waning days in the White House"Schorr suggests Democrats could negotiate deals ... Continue Reading »

"Neither Does It Seem To Be The Last": Bank Of England Hikes For First Time Since 2023, Sees Inflation Near 5% For the first time in 1,190 days, the Bank of England has raised interest rates.On Thursday the BoE's Monetary Policy Committee voted 8-1 to lift Bank Rate by 25bps to 4.00%, the first hike since August 3, 2023, when the BoE topped out at 5.25%. And the lone dissenter was no dove: external member Catherine Mann wanted a half-point move to 4.25%. Put differently, not a single one of the nine MPC members voted to keep rates on hold, which is a little more hawkish than consensus: Goldman and JPMorgan both expected a 7-2 vote (Goldman's STIR desk had Swati Dhingra and Alan Taylor as the holdouts), while Deutsche Bank's UK economists were looking for a 6-3 split.Even the doves came along, if grudgingly. Alan Taylor, one of the most dovish members of the committee, called it "a risk management, 'one-for-now' insurance hike," while Governor Andrew Bailey, in his own written paragraph, went a step further:"I can see the argument for a further increase in rates and thereafter ... Continue Reading »

Truist Slaps Nike With Sell Rating As Jordan Franchise Implodes Nike's rally from roughly $34 a share in October to above $40 by midweek has done little to ease Wall Street analysts' skepticism about its turnaround strategy.Earlier this week, UBS analyst Pilar Rocafort told clients, "It's still not time to buy Nike." Truist Securities reinforced Rocafort's caution on the stock in a note Thursday morning, downgrading the shares to Sell from Hold, citing "risks across the portfolio" and "an inflated valuation.""NKE shares are up 19% over the past ~month (vs S&P flat), which we believe reflects positive sector rotations rather than an improvement in underlying fundamentals," Truist Securities retail analyst Joseph Civello wrote in a note.Civello maintained a $29 price target and warned that fading Jordan demand, deepening weakness in China, and mounting competition threaten an already expensive stock.How expensive is Nike at around $40 a share? Well, Civello said its valuation is currently around 27 times second-year forward earnings, compared with about 15 times for peers. He said prices look cheap after the multi-year bear market, but anyone buying the stock today is paying a steep premium for ... Continue Reading »

'Low Hire, Low Fire, Low Inspire': Claims Hit 57 Year Lows, Sentiment Still Sucks, And Payrolls Are Next Another week, another print showing that American employers still refuse to fire anyone in any meaningful numbers. Initial jobless claims remain parked near multi-decade lows, plunging to 189k this week (after recent weeks in the mid-to-high 190,000s), confirming that the 'low fire' half of the current labor market is intact.  Last week's print is officially the lowest since 1969...And Continuing claims are holding around 1.7 million Americans...Layoffs simply are not happening at scale.That is the good news, such as it is.The less comforting half is the 'low hire' reality that has now persisted for roughly three years. September JOLTS showed openings rebounding to 7.52 million and the openings rate at 4.5 percent, yet the hires rate stayed stuck at 3.4 percent with roughly 5.4 million hires. Net payroll growth has averaged in the low-to-mid tens of thousands for most of 2026. Companies are holding onto the workers they already have, posting some vacancies, and then mostly not filling them. Churn is low, mobility is limited, and the labor market has lost the ... Continue Reading »

Hakeem Jeffries Claims Impeachment And Getting Even With Trump Aren't Priorities House Minority Leader Hakeem Jeffries (D-NY) told reporters Wednesday morning after Democrats swept the midterms and won majorities in the House and Senate that no House Democrat has raised the subject of impeaching President Donald Trump with him. Jeffries speaks during a press conference (Credit: Roberto Schmidt/Getty Images) "I haven't had a single member of the House Democratic Caucus talk to me about impeachment," Jeffries claimed. "We've been relentlessly focused on affordability and on accountability because the House is a separate and co-equal branch of government.".@RepJeffries: "I haven't had a single member of the House Democratic Caucus talk to me about impeachment...I have not heard from President Trump." pic.twitter.com/umZspxCyhN— CSPAN (@cspan) November 4, 2026Jeffries, who is expected to be elected House Speaker in the next session of Congress, said impeaching Trump does not rank among his priorities, even though he used "accountability" in the same statement along with "affordability."Despite the contradiction, he made the same case during an appearance on MSNOW's Morning Joe, where he outlined his agenda for the incoming House."The American people don't want us to get even," ... Continue Reading »

Futures Split As Blue-Wave Chip Purge Enters Day Two; Oil Rebounds, BoE Hikes US futures are mixed, with the Nasdaq lagging as the post-midterm rotation out of chipmakers and the AI complex enters a second day, after the Democratic sweep raised fears of a data center backlash, Qualcomm tumbled on a weak forecast and the Kospi crashed almost 6%, while oil rebounded modestly from Wednesday's plunge and the BoE hiked rates for the first time in three years; as a result the 10Y yield touched 4.83%, the lowest since Sept. 10. As of 6:20am ET, S&P futures are 0.1% higher while Nasdaq futures are down 0.5%, Russell 2000 futures add 0.4% and Dow futures are 0.7%; this follows Wednesday's session when the S&P jumped 1.6% for its best day since August and the Dow soared 3%. In premarket trading, semis are again getting hit (the SOXX ETF was down 2% premarket per Bloomberg) with Qualcomm sliding 10% after a lackluster forecast, continuing the hyperscalers vs semis split we flagged yesterday, while the Mag 7 is mixed with Amazon and Meta higher and Tesla and Nvidia lower; AppLovin soars 16% ... Continue Reading »

Brent On Track For Worst Week Since COVID, But UBS Warns Bears: "Fundamentals Still Provide A Floor" Brent crude futures are on track for their largest weekly decline since the week ending April 24, 2020, during the early COVID-19 pandemic era, on the prospect that a Democratic sweep could end the US-Iran conflict.UBS energy expert Dominic Ellis wrote in a note earlier that the collapse in crude's war risk premium reflects the prospects for peace and the potential for the Strait of Hormuz to fully reopen. But those hopes are colliding with the harsh reality that replenishing depleted global oil stockpiles could take considerable time.Brent's $20 plunge over the last several days reflects a massive unwinding of the war risk premium rather than a meaningful improvement in supply and demand, Ellis said. He estimates that another $10 to $15 of premium remains embedded in crude near $95, leaving more room for downside if further diplomatic signals emerge from the Gulf.Ellis explained:The more than $20 decline in Brent over the last week reflects bearish sentiment and a rapid unwind of the geopolitical risk premium in the price rather than ... Continue Reading »

Epstein-Linked Billionaire Just Sued The Congressman About To Run The Oversight Committee Billionaire Leon Black filed a federal defamation suit Wednesday against Rep. Robert Garcia (D-CA), the top Democrat on the House Oversight Committee, accusing him of lying about Black's ties to Jeffrey Epstein. The complaint, filed in the Southern District of New York, seeks $7.25 million in compensatory and punitive damages and a jury trial, and alleges Garcia "has knowingly and willfully lied about Leon Black and defamed him," NBC News reported.Black undoubtedly had this ready to go after midterms - as following Tuesday's blue tsunami, Democrats will take control of the House in January, and Garcia is expected to become Oversight chairman. This would put him in charge of the committee that has already subpoenaed Black and voted to hold him in contempt.According to the suit, Garcia said in a television interview weeks after Black's June voluntary interview with the committee that Black "is at the center of Jeffrey Epstein's crimes" and was "one of the last people to actually interact" with Epstein before his death in prison. The complaint also cites Garcia saying he had spoken ... Continue Reading »

Rheinmetall Crashes Most In Months After Guidance Cut (Again) On Military Ramp-Up Risk Rheinmetall AG shares plunged the most since late June in European trading after the German defense manufacturer slashed its annual sales forecast for the second time in months. Berenberg analysts pointed out that "Weapon & Ammunition drives most of the guidance cut."The company, which makes tanks and armored vehicles, artillery, ammunition, air-defense systems and military electronics, now expects 2026 revenue of about $14.8 billion, down from its previous forecast of $15.37 billion to $15.93 billion. The operating margin forecast was also pared down to 18.5% from 19%. A guidance cut in August followed Germany's cancellation of orders for six F126 frigates.Berenberg defense analyst George McWhirter provided a first-take analysis of the earnings release: em>Weapon & Ammunition drives most of the guidance cut: Rheinmetall's Q3 release this morning provides more detail following the Q3 pre-release and full-year guidance downgrade yesterday evening. Weapon & Ammunition drives most of the cut to the full-year guidance, with the remainder attributed to Vehicle Systems. There is no updated order intake guidance provided. The downgrade highlights the execution and order intake risk, ... Continue Reading »

'Digital ID Checks For All': Ofcom's Plan For UK's Under-16 Social Media Ban Puts Adults In The Age-Check Line Too Privacy campaigners have argued for months that this is where an age ban ends up. In March, Big Brother Watch titled a post "A social media ban for under-16s = digital ID checks for all" and argued that because the alternatives are intrusive and unreliable, ID would be required in many millions of cases. "All of the online age verification options are highly invasive and the biometric and behavioural profiling options are highly inaccurate, meaning IDs will be required in many millions of cases regardless," the group wrote.Britain's communications regulator now points the same way. Ofcom's rapid assessment, published Oct. 29, says the face scans social media platforms use to estimate ages are too imprecise to police the government's coming ban for under-16s on their own, and that a second check, often photo ID, will have to back them up. And the checks won't stop at teenagers: many adults with existing accounts will be asked to prove their age as well.Ofcom named four methods it considers capable of being ... Continue Reading »

After Mamdani, Los Angeles Is Next: Socialist Nithya Raman Projected To Oust Karen Bass On a night Democrats swept the midterms, Los Angeles moved further left than anyone in the party establishment wanted. Decision Desk HQ projected Wednesday evening that City Councilmember Nithya Raman, a member of the Democratic Socialists of America, has unseated Mayor Karen Bass, which would make her the first socialist elected mayor of the nation's second-largest city.Decision Desk HQ projects Nithya Raman wins the CA Los Angeles Mayor Nonpartisan General Election#DecisionMade: 7:49 PM ESTFollow live results here: https://t.co/1kpbRZUYUv pic.twitter.com/LHwjhhfjjz— Decision Desk HQ (@DecisionDeskHQ) November 5, 2026In the county registrar's Wednesday afternoon update, Raman led 405,193 votes (51.7%) to 379,069 (48.3%), a margin of 26,124, according to NBC Los Angeles. Every update since the polls closed has moved her way. Bass led by about 10,600 votes at 9 p.m. Tuesday; by the 3:11 a.m. count Raman was ahead by 16,594.It isn't final. The Associated Press has not called the race, and with roughly two-thirds of the expected vote counted, about 842,000 ballots remain to be tallied countywide, most of them by mail. Bass has not conceded; ... Continue Reading »

Prison Time For Discussing The Great Replacement? French Left-Wing Lawmakers Push For Draconian New Law Authored by Remix News Staff via Remix News,In the aftermath of a deadly shooting in Trappes, the left, including the mayor of Trappes, is pushing to criminalize discussions of demographic change, the "Great Replacement" theory, or "remigration." If they succeed, French people and politicians could face up to three years in prison for describing the Great Replacement.🇫🇷🔴 The French could face prison for mentioning the Great Replacement under a new proposal. The mayor of Trappes, Ali Rabeh, is calling for a change in the law to criminalize those who claim that replacement immigration is occurring against the ethnic French population. Rabeh, who holds dual Moroccan and French citizenship, suggests that the Constitution could even be amended to pass the draconian speech law. On the same day he made this proposal, Green (EELV) parliamentarians, including deputies Sabrina Sebaihi and Steevy Gustave, filed related legislative proposals to strengthen sanctions against those discussing the Great Replacement or remigration. Follow: @RMXnews— Remix News & Views (@RMXnews) November 3, 2026Critics, including Reconquête party leader Éric Zemmour and others, call ... Continue Reading »

US Suspends South Africa, Rwanda From Key African Trade Program Authored by Owen Evans via The Epoch Times,U.S. Trade Representative Jamieson Greer said on Nov. 2 that Washington will suspend South Africa and Rwanda from its duty-free trade program for sub-Saharan Africa, citing failures on trade barriers, corruption, governance, and human rights."President Trump found that the governments of Rwanda and South Africa are engaging in practices that are inconsistent with [the African Growth and Opportunity Act's] eligibility criteria," Greer said in a statement, adding that there are threats to U.S. national security and foreign policy interests in both countries.The Trump administration said it is "deeply concerned" by South Africa's barriers to U.S. trade and investment, and corruption. Regarding Rwanda, the U.S. government cited issues with the rule of law, political pluralism, and internationally recognized worker rights and human rights.Greer notified Congress that the two countries would be suspended from the African Growth and Opportunity Act (AGOA) from Jan. 1, 2027.Enacted in 2000, AGOA provides eligible sub-Saharan African countries with duty-free access to the U.S. market for thousands of products.But as a rule, the Office of the U.S. Trade Representative ... Continue Reading »

Sequoia Capital Shutters London Office As Silicon Valley's VC Giants Pull Back In a troubling sign for European capital markets, Sequoia Capital, one of Silicon Valley's top venture capital firms, is shuttering its London-based office after roughly six years of operation."This is not about the team; they are excellent. We simply don't see the need for a local presence," Sequoia wrote in an X post.The venture capital firm said it has wound down its Arc accelerator and Scouts programs, simplified the Sequoia Capital Fund and combined its early-stage and growth investing operations into one team.The London closure will result in several departures. Sequoia said it still sees opportunities for Europe to "produce outlier founders and companies" but can "provide world-class support from our home base in the Bay Area."As explained by Sequoia, here comes the consolidation:There is no more "Early & Growth." There is only Sequoia. We are one team, operating under one shared mission. This should make things more seamless for founders as they go from stage to stagehttps://t.co/ZuGVVQLF5E— Sequoia Capital (@sequoia) November 4, 2026 Sequoia's "new chapter" of consolidating around the Bay Area, where the pace of ... Continue Reading »

Cyberattack Targets French Blood Bank Fridges Authored by Victoria Friedman via The Epoch Times,A cyberattack against the refrigerator systems of France's public blood service was thwarted on Monday, officials have said, the incident coming after supermarkets across Europe reported that their cooling equipment was targeted by hackers.The French Blood Establishment (EFS) said in a Nov. 3 statement that one of its refrigeration equipment suppliers had been targeted, resulting in temperatures being forced to rise in the cold storage rooms at three of its sites."The EFS's monitoring and alarm systems enabled the rapid identification of these anomalies and the implementation of necessary measures to ensure that no blood samples or products were compromised," the statement said.It said that affected equipment was brought under control and that no blood products or samples were impacted or ruined.It added that blood products, including plasma needed for transfusion, which had been stored in these rooms, were transferred to other facilities as a precaution.Service to patients was not interrupted by the incident, the EFS said.The EFS stressed that it was not targeted itself, but rather the equipment supplier was.The organization stores blood products, including plasma, ... Continue Reading »

Brace For A Decade Of Pain, Warns Britain's IFS The Institute for Fiscal Studies says Britain is on course for the weakest decade for household income growth on record after Chancellor John Healey's first Budget, which the think tank judged unable to change the country's economic path. The IFS published its response on Oct. 28, a day before director Helen Miller took questions at a webinar.The Telegraph reported that the IFS expects a typical family's disposable income to rise by an average of just 2% over the 2020s, the worst growth in records going back to the 1950s. The IFS called Healey's package "unhelpful fiddling," the paper said. Miller put it this way: "This decade looks set to be the worst decade for growth in household incomes on record. No amount of temporary cost of living packages will fix that. We need a stronger economy."Before the Budget, Miller had warned that "steady-as-you-go" budgeting was not an option and that it would be a choice to accept cuts to the quantity or quality of some public services.Healey delivered the Budget on Oct. 28. The Office for Budget Responsibility's figures show the headroom ... Continue Reading »