US strikes Iran's Qeshm Island before midterm elections
US forces hit targets on Qeshm Island in the Strait of Hormuz overnight, and Washington described the action as defensive. The strike came as the Republicans struggled to defend the war against Iran on the campaign trail.
Read moreShow less
The strike took place on 2 November, on the eve of the US midterm elections. Washington said the move was defensive.
President Donald Trump and the Republicans have found it hard to defend the war against Iran in their campaigns. Reports say the war is unpopular.
WorldEconomy
Trump signals progress in Iran talks as oil falls
US President Donald Trump said on Monday a deal with Iran "could happen", and Iran offered to reopen the Strait of Hormuz on conditions. Oil prices fell by more than seven percent that day.
Read moreShow less
Iran's Foreign Minister Abbas Araghchi told state media that indirect talks with Washington were taking place through mediators. He said consultations were very intensive. US Vice President JD Vance said the US had made some progress and would see if it could make more.
A senior Iranian official said Tehran was ready to open the strait within two days if Washington agreed to its list of demands. Trump wrote on his Truth Social platform that Iran wanted a settlement as soon as possible.
Hours later, a Wall Street Journal report said the US had carried out a string of limited, secret strikes on Iran in recent weeks. Iranian state media reported five explosions on Qeshm island. The report weakened the diplomatic overtures.
Iranian foreign ministry spokesman Esmaeil Baqaei warned that any act of aggression would meet a response that was powerful, immediate and comprehensive. Trump said he might still have to give Iran "the hammer" at some point. He said he also had to deal with one or two targets, including Pickaxe mountain, a suspected nuclear site that Tehran denies is one.
World
World Bank expects Johannesburg to fall to 8th biggest African city
A new World Bank study projects that sub-Saharan Africa will have five megacities by 2050. It says Luanda is likely to overtake Lagos as the biggest city, while Johannesburg drops from 5th place and Cape Town leaves the largest ranks.
Read moreShow less
The study says Johannesburg will grow to 8.9 million people by 2050. It puts the city's population at 7.1 million in 2025. Statistics South Africa reported 4.8 million in its 2022 census, and the study uses a broader urban definition than municipal boundaries.
The study puts Cape Town's population at about 4.5 million. It says the city will no longer rank among the largest in the region. It says Luanda's population may top 20 million.
Other cities will grow fast. The study projects that Bamako will grow by 80% to 7.6 million people over the next 25 years. It projects 64% growth for Mogadishu over the same period.
The study says the urban population of sub-Saharan Africa will rise by 320 million to 823 million by 2050. The figure rises to 1.7 billion when peri-urban areas and towns are included. The World Bank and the European Commission's Joint Research Centre assessed current city sizes together.
WorldTech
Hypersonica raises €100mn to build hypersonic missiles
The British-German start-up would reach a valuation of roughly €700mn with the new funding. The money boosts European efforts to develop the ability to strike deep inside Russia.
Read moreShow less
Hypersonica develops hypersonic long-range missiles. Reports of the funding round said it would push the company's valuation to roughly €700mn.
World
Venezuelan army attack on ELN camp kills at least 19
The Venezuelan army hit a Colombian ELN guerrilla camp in Apure state with drones and attack helicopters in an early Friday operation. A rights group and a source close to the operation gave the toll.
Read moreShow less
The rights group FundaRedes first reported nine deaths. Its coordinator, Juan Francisco Garcia, later said another 10 bodies had been taken to San Fernando. FundaRedes monitors rights violations in Venezuela's border states.
A Venezuelan military source spoke on condition of anonymity. The source said US intelligence supported the attack and that most of those killed were Venezuelan nationals. The source also said the guerrillas had no time to react and that forces would keep combing the area because there are more camps.
Rocio San Miguel, a human rights advocate and military affairs expert, said the attack reflects a change in doctrine within the Venezuelan military. Colombia has accused Venezuela's leftist government of ignoring Colombian rebel groups in border areas for years.
World
Learjet crash in Florida neighbourhood kills all 9 on board
The private jet left Austin, Texas, for the Bahamas and came down in a residential area of Palm Beach County on Sunday afternoon. About 600 people were evacuated, and the National Transportation Safety Board has opened an investigation.
Read moreShow less
The Learjet 60 took off from Austin and was bound for North Eleuthera Airport in the Bahamas. The crash site is near Lake Worth Beach. The 600 evacuated residents went to two shelters in the county.
An audio recording from the Miami air traffic control centre, posted on LiveATC, has the cockpit reporting mayday while the jet descended at 10 000 feet per minute. Flight tracking website Flightradar24 said the descent rate passed 32000 feet per minute at one point. The recording puts 35 seconds between the first mayday and the last cockpit transmission.
Florida Governor Ron DeSantis spoke at a press conference near the site. He said: "It was like a missile coming down, and a massive explosion, debris going everywhere." County Commissioner Joel Flores described a "massive crater" at the site.
Transportation Secretary Sean Duffy called the crash a horrific tragedy. The Federal Aviation Administration issued a statement on the crash.
WorldEconomy
UK tax agency probes Boston Consulting Group partner status
HM Revenue & Customs is asking whether some Boston Consulting Group partners should count as employees for tax purposes. The inquiry is part of a wider crackdown on how the UK taxes senior staff at professional services firms, company filings show.
Read moreShow less
The UK tax authority is looking at the partnership structure of the consulting firm. Partners in such firms are usually taxed as self-employed owners, not as staff. A change in their status would change the tax and contributions due.
The filings describe the inquiry as part of a push on the taxation of senior staff at professional services firms.
WorldPolitics
Bulgaria's interim president Yotova leads presidential vote
Iliana Yotova has over 57 per cent of the vote, while her pro-western rival Andrey Gyurov has under 40 per cent. Projections show she will stay in power after the election held on 1 November.
Read moreShow less
Yotova is the interim president of Bulgaria. Gyurov is the pro-western candidate who ran against her.
The vote took place as Moscow's strikes against Ukraine reach Bulgaria's shores.
WorldEconomy
Diplomats warn a wider US-Iran war would be worse
Brent crude fell to $110 a barrel in Asian trading on reports that US President Donald Trump urged Israel's leader to keep to diplomacy. Senior Middle East diplomats said mediation efforts continue.
Read moreShow less
Senior Middle East diplomats said a threatened escalation of the war between the US and Iran would probably be even more damaging than earlier rounds of the conflict.
Reports said Trump pressed Israeli leader Benjamin Netanyahu to persist with diplomacy. These reports are not confirmed by either government.
WorldPolitics
Trump says US may have to give Iran "the hammer"
Trump repeated his threat to resume strikes on Iran while speaking to supporters at a rally in Iowa on Sunday. He spoke ahead of the November 3 midterm elections and did not say when any action might come.
Read moreShow less
Trump told the crowd the US may have to give Tehran "the hammer" at some point. He said the only reason he is not finished with Iran is that he wants to be nice and save lives.
He gave the rally speech in Iowa, days before the US midterm elections on November 3. In the speech, he said: "And the only reason why I'm not finished with Iran is I want to be nice."
WorldCrime
US judge dismisses Trump's second lawsuit against Wall Street Journal
Judge Darrin P. Gayles ruled on Saturday that Donald Trump again failed to show actual malice in his suit over reporting on his ties to Jeffrey Epstein. The suit sought at least $10 billion in damages.
Read moreShow less
The US District Court for the Southern District of Florida dismissed the case with prejudice. The ruling ends Trump's pursuit of the refiled defamation suit. Gayles wrote that the paper's investigation was thoughtful and detailed.
Trump's lawyers argued that the paper should have dropped the story after he denied involvement with Epstein. The judge rejected the case as a whole. He wrote: "As with his first attempt, he has failed,"
TechWorld
Fan fiction site AO3 may stay offline for 4 weeks
The Archive of Our Own (AO3) went offline on Thursday after its operator, the Organization for Transformative Works (OTW), found evidence of a security incident. OTW said it cannot rule out that the user database was stolen.
Read moreShow less
OTW first called the outage maintenance and said the work would take at least 12 hours. Later it said restoring the site could take around two weeks, with up to four weeks possible. OTW said it was still working out how far the damage goes.
OTW said no data was deleted, so works, comments, kudos and bookmarks are safe. It said the user database holds user names, email addresses, IP addresses and hashed versions of passwords. OTW said it does not currently believe the database was stolen.
OTW hopes to bring back a degraded version of the site sooner, possibly read-only. It said it might have to take the site down again without warning. Reports said AO3 hosted 18.4 million works as of September.
WorldPolitics
UK chancellor Healey does not expect Britain to rejoin EU
Chancellor John Healey said he does not expect to see Britain rejoin the European Union in his lifetime. His remark cuts across Prime Minister Andy Burnham, who said this week he would like to see it happen.
Read moreShow less
Healey made the remark in an interview with Channel 4. Asked whether he agreed that the UK should rejoin the EU in his lifetime, he said he did not expect it. Reports said Burnham had told Cabinet ministers to follow collective responsibility on the UK's future relationship with Europe.
Burnham has said he wants the UK to rejoin in his lifetime. He also said: "I'm not going to move ahead of the public." Some accusers claim he is gagging Eurosceptic frontbenchers. One report said 13 Cabinet ministers opposed rejoining, but it did not name its source.
Critics also accused Healey of raiding contingency funds to meet military commitments. A senior Labour MP said he is kicking security "into the long grass".
WorldPolitics
Finland and Norway leaders call Putin, splitting Nordic allies
Finnish President Alexander Stubb and Norwegian Prime Minister Jonas Gahr Støre held a 90-minute call with Vladimir Putin on Tuesday 27 October. Danish and Swedish leaders doubted the move, as Europe worries about being shut out of Ukraine peace talks.
Read moreShow less
Stubb and Støre said the call followed a meeting in Oslo on 20 October and took place in consultation with Ukraine. Stubb said the call was frank and substantive. He said Russia's neighbours have a direct stake in how the war ends.
Danish Prime Minister Mette Frederiksen said: "It was not coordinated with any of us." She also said Europe should stick together rather than go alone, according to Danish media. Swedish Prime Minister Ulf Kristersson also cast doubt on the move. Støre said Europe should speak with Russia to complement the messages sent by the US administration.
Russian Foreign Minister Sergei Lavrov said the call offered nothing new. The Kremlin said Russia's interests must be taken into account in any settlement.
Kremlin aide Yuri Ushakov said on Wednesday that European nations will not be invited to the next Russia-US-Ukraine talks. Moscow has agreed in principle to a fourth round, with mid-November and Abu Dhabi floated. Three rounds have so far excluded Europe, as US President Donald Trump presses Kyiv to strike a deal.
EconomyWorld
China's ambassador says South African exports to China rose 25%
Ambassador Wu Peng said exports grew about 25% from May to August after China introduced zero tariffs for African countries it has diplomatic ties with. He spoke at the Drakensberg Inclusive Growth Forum, run by the Kgalema Motlanthe Foundation.
Read moreShow less
Wu Peng spoke on the second day of the forum. He said trade between China and South Africa reached nearly $15bn from May to August, up almost 24% year on year. Chinese exports to South Africa grew 23% in the same period.
The ambassador said agricultural exports to China reached nearly $500m, up more than 35% year on year. He said talks on market access for other farm products should follow a September protocol on South African cherry exports. He also said the two countries have 66 sister-province and sister-city partnerships.
Wu argued the zero-tariff policy could help South Africa sell more than minerals and add higher-value products. He said it could make South Africa a more competitive base for firms that export to China. He said this could draw more Chinese investment, and named Chery and West China Cement.
Wu said the policy could support local industrialisation and create jobs. He said Beijing intends to open its domestic market further to international trade in its next five-year planning period.
ScienceWorld
COP17 ends in Armenia with two texts and mixed reaction
Delegates at the COP17 biodiversity summit in Yerevan approved two major texts in overtime, but critics said the outcome fell short on nature goals, science disputes and conservation funding. Ecuador will host the next talks in 2028.
Read moreShow less
Nearly 200 nations struck agreements at the two-week UN summit. Ecuador won the right to host the next biodiversity talks in 2028 after it defeated Panama in a secret vote.
French Ecological Transition Minister Monique Barbut said the outcome was "not commensurate" with the crisis facing the natural world. She said the progress that was not achieved is a series of missed opportunities to speed up the response to biodiversity loss.
Decisions on the design of the Cali Fund are deferred for two years. Pakhi Das of the nonprofit Plant-for-the-Planet said this all but ensures the fund stays empty until then.
Guido Broekhoven of WWF International called the text a positive step forward, with weaknesses on harmful subsidies. An Lambrechts of Greenpeace International said the text expresses political momentum on harmful incentives in weak terms. Observers and delegates also accused some countries of undermining efforts to approve key reports.
WorldEconomy
Oman rescues 25 sailors from burning ship near Hormuz
Oman's navy evacuated 25 crew from the Panamanian-flagged merchant ship RITI after an attack set it on fire. Iran's Revolutionary Guards said three oil tankers were halted in the Strait of Hormuz.
Read moreShow less
Oman's Maritime Security Centre issued a statement on the RITI rescue. The Revolutionary Guards said the three tankers were halted after incidents or mine strikes. They said the ships used an unauthorised route through the strait.
The Guards also said the tankers switched off their navigation and positioning systems. They said the ships tried to leave with the support of the US military, which they called terrorist. One supertanker, which carried two million barrels of oil, stopped after an explosion, the Guards said.
US Central Command chief Brad Cooper said in a video released on Friday that US forces had cleared the main transit routes of Iranian sea mines. He said Washington had helped Gulf countries export more than 1.5 billion barrels of crude through the strait since summer.
The British maritime security agency UKMTO reported that a ship was struck 40 nautical miles (74 kilometres) south of Lavan island. Iran has restricted traffic through the strait since the Middle East war began on 28 February with US-Israeli strikes.
WorldCrime
US judge bars Justice Department from threatening election officials
Judge Trina Thompson issued a temporary restraining order in a case brought by labour unions and civil rights groups. It stops the Justice Department and the Department of Homeland Security from pressing officials to halt processing of ballots of voters alleged to be ineligible.
Read moreShow less
Thompson sits in the Northern District of California. Her order expires on 16 November. The United States holds its midterm election on 3 November.
The Justice Department had sought to set aside the ballots of more than 20,000 California voters, saying they might not be citizens. A federal judge rejected that move on Wednesday and called it brazen pre-election interference.
Critics say the administration of President Donald Trump is trying to cast doubt on election results. The order says the defendants "shall not threaten, intimidate or coerce state or local elections officials or workers" over the processing of ballots.
TechWorld
Media groups challenge Meta plan to use news content free
The World Association of News Publishers (WAN-IFRA) sent an open letter to Meta chief executive Mark Zuckerberg. It says the proposed terms, due to start on 20 November, would let Meta collect publishers' content without payment.
Read moreShow less
WAN-IFRA said the terms would require publishers to let Meta collect and reuse their content without payment. This would be a condition of using Meta's business services. The body says its members include almost 20 000 publications in more than 120 countries.
The Oslo District Court has temporarily suspended the plan after a legal challenge by Norwegian media organisations. The UK Competition and Markets Authority said it would examine whether Meta is abusing its dominant position. The authority said the terms would let Meta collect content without offering publishers a choice, and use it to develop its own products, including AI features.
Zuckerberg said Meta would not change its terms until a full consultation with the media industry has ended. WAN-IFRA said Meta platforms are a main gateway to news for many users. In the letter, it wrote: "Producing journalism requires substantial financial resources."
WorldEconomy
Gates-backed miner asks US for help in Congo lithium search
The company says China has used a UN arms embargo to block its use of mapping technology. The miner runs a $50mn lithium exploration programme in the Democratic Republic of Congo.
Read moreShow less
The claim about China comes from the mining company. It says the embargo stops it from using mapping technology in its exploration work.
Bill Gates backs the company. The request for help went to Washington.
WorldEconomy
UK budget defers big decisions and offers modest relief
Chancellor John Healey presented the first budget of Prime Minister Andy Burnham's new government on Wednesday. Reports said it put off the biggest decisions and offered modest measures to help Britons and businesses with the cost-of-living squeeze.
Read moreShow less
Ahead of the budget, Healey said it would move "money and power out of Westminster and into every postcode around Britain". Reports said he planned to close a 4.7-billion-pound funding gap in the defence plan inherited from the previous Labour leader.
Healey also planned a crackdown on foreign online sellers who avoid VAT. Reports said this could raise as much as 1 billion pounds to help fund business rate cuts for high street shops. Extra funding of 1 billion pounds was also expected for social and affordable housing in England, within 39 billion pounds planned over the next decade.
Helen Miller of the Institute for Fiscal Studies said Healey faces a forecast in which borrowing is still expected to fall and the fiscal rules are still being met.
Burnham is expected to seek closer ties with the EU next month and to publish a 10-year strategy document in December. Other hard issues ahead include immigration, welfare reform and North Sea oil drilling.
EconomyWorld
US Federal Reserve holds interest rates steady
The Federal Reserve kept its benchmark rate between 3.75% and 4% in a 10-2 vote on Wednesday, its last rate decision before the midterm elections. US inflation rose from 3.4% in August to 3.7% in September.
Read moreShow less
Two members of the Federal Open Market Committee, Lisa Cook and Beth Hammack, voted against the pause. They wanted a 25 basis-point increase. Fed Chairman Kevin Warsh said the midterms and politics "played no role in the decision".
Reports said a surge in fuel prices linked to the Iran war is a major driver of inflation. Todd Bitter of NEXA Lending said uncertainty around the Iran war and the midterms guided the decision. Morgan Stanley economists said the Fed might not be done tightening, and that future hikes will depend on incoming data.
CME Group's FedWatch tool showed 77.9% of traders pricing in a 25-basis-point hike in December. Warsh also announced the Fed will cut the number of meetings at which it votes on rates from eight to seven next year. It will cut the number by two in 2028.
WorldPolitics
Israel election ends without a clear winner
Projections based on nearly 86 percent of votes give Benjamin Netanyahu's bloc 53 seats in the 120-seat Knesset, short of a majority, against 48 for Gadi Eisenkot's bloc. Netanyahu stays caretaker prime minister during coalition talks.
Read moreShow less
Arab parties are projected to win 19 seats, which is an unprecedented figure. The projections could still change as counting continues. The vote was Israel's first election since the attack of 7 October 2023.
Markets reacted. The shekel weakened about 1.6 percent to 3.10 to the dollar, and Tel Aviv's key indexes fell by more than 3 percent.
Guy Lurie of the Israel Democracy Institute said a caretaker government has the same formal powers as a regular one but a duty of restraint. That includes powers over the war with Iran. Israeli security experts say the result could let Netanyahu launch a new bombing campaign against Iran with the US.
Netanyahu has spoken of a "singular historical opportunity" for joint action with US President Donald Trump. Eisenkot warned that Netanyahu might use security for political ends. Netanyahu's office has rejected earlier accusations that he uses the Iran conflict for political gain.
TechWorld
Hackers leak data on more than 41,000 US Homeland Security staff
A group calling itself the Department of Peace claimed it hacked an internal Homeland Security database. The data, which names ICE and Border Patrol staff, was published online on Wednesday through a searchable tool and on the DDoSecrets website.
Read moreShow less
Reports put the number of staff in the data at more than 41,000, with one account saying nearly 42,000. The data includes more than 21,000 Border Patrol personnel and nearly 6,600 ICE agents. It lists names, work addresses, phone numbers and job duties.
DDoSecrets said the Department of Peace and the Swiss hacktivist maia arson crimew supplied the information. Emma Best, a co-founder of DDoSecrets, said the data identifies officials who oversee covert and undercover operations and key deportation-program staff. Best said the aim is to "replace anonymity with accountability".
A Homeland Security spokesperson said the department is aware of a potential breach. The spokesperson said it is working to address the situation. Maia arson crimew built an online search tool for the data, called Icepick.
EconomyWorld
US offers Constellation up to $5 billion loan for nuclear upgrades
The US Department of Energy made a conditional loan commitment of up to $5 billion to Constellation Energy. The money would fund uprates at eight plants in Illinois, Maryland and Pennsylvania, adding nearly 1.1 GW of capacity.
Read moreShow less
The department's Office of Energy Dominance Financing announced the offer on Tuesday 27 October. Energy Secretary Chris Wright made the announcement during a visit to Constellation's Byron Generating Station in Illinois. The eight plants have 15 operating reactors.
Constellation said the commitment could lower its financing costs and help it add nuclear capacity at greater scale. It said recent 20-year agreements with Google and Amazon encouraged it to invest more than $7 billion to add approximately 1,080 megawatts. The company said the added electricity could power over 930,000 homes.
Constellation said uprates are one of the fastest and most cost-effective ways to add dependable power without building new generation or transmission. Reports said most of the new capacity is already committed to Google, Amazon and Meta.
EconomyWorld
European office property deals fall to post-crisis low
Deal volumes for European office property in the third quarter were the lowest since the depths of the financial crisis. Soaring bond yields and a new cycle of central bank rate rises ended hopes that property values would recover.
Read moreShow less
The fall in deal volumes followed a rise in bond yields. A new cycle of central bank rate increases also began. Together, these ended hopes for a recovery in office valuations.
WorldEconomy
Weil, Gotshal & Manges plans to wind down after partner exodus
The management committee of the New York law firm recommended an "orderly wind-down" to its partners on Wednesday. The partners are expected to vote in the coming days, and the firm says it will keep serving clients.
Read moreShow less
The firm has about 1,200 lawyers. Its leadership acted after a failed attempt to stop partners leaving. Reports said talks on a merger with Willkie Farr & Gallagher ended days earlier.
Some counts say around 40 partners left in 2026 before this week. Private equity partner Christopher Machera was one who moved, to Paul, Weiss. The firm said it will serve clients during the wind-down over the coming months.
An adviser to the firm said it believes it can wind down solvently. That would make it a dissolution, not a bankruptcy. Reports also said the firm brought in Brian Resnick, a bankruptcy partner at Davis Polk.