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The Latest Breaking News from Donald Trump

The dollar index (DXY00 ) rallied to a 2-week high on Wednesday and finished up by +0.62%. The dollar found support on Wednesday amid easing global trade tensions, which are supportive of economic growth prospects. The US and South Korea finalized a trade deal on Wednesday that will see South...

Barchart

Former Adelaide MP named new ALP president – as it happened

This blog is now closed

The Guardian - AU

Crude Prices Supported by Sanctions on Russian Energy and Falling EIA Inventories

December WTI crude oil (CLZ25 ) on Wednesday closed up +0.33 (+0.55%), and December RBOB gasoline (RBZ25 ) closed up +0.0273 (+1.47%). Crude oil prices settled higher on Wednesday amid an outlook for tighter global oil supplies. Crude prices rose on expectations that President Trump will follow through and enforce...

Barchart

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Pete Hegseth Calls Cartels 'Al-Qaeda Of The Western Hemisphere," Anticipates Continued Campaign: 'Untie The Hands Of Our Military'

Defense Secretary Pete Hegseth called Latin American cartels the "Al-Qaeda" of the Western Hemisphere and anticipated the Trump administration will continue its military campaign in the region.

Latin Times

SNAP deadline becomes Democrats' sharpest leverage

Democrats are making the GOP own the food aid freeze for 42 million Americans.

Axios

DeSantis urges Florida universities to stop hiring foreign visa workers

Governor tells universities to end use of H-1B visas, though legal experts say states lack authority over federal program

The Guardian - US

Ted Cruz Slams Rep. Marjorie Taylor Greene Over Criticism Of Israel: 'Don't Spend Much Time Worrying About What Marjorie Is Saying'

Republican Sen. Ted Cruz slammed Rep. Marjorie Taylor Greene over her criticism of Israel, saying the stance is a gateway to becoming more liberal.

Latin Times

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Democrats seize on food stamp funding as latest rallying cry - Roll Call

Republican leaders say Democrats are trying to gain political cover for the shutdown by demanding relief on food stamp issue.

Roll Call

Journalist turned Democratic candidate faces federal charges over anti-ICE protests in Chicago

Progressive influencer blasts ‘political prosecution’ as grand jury indictment charges six protesters

The Independent UK

Spain holds memorial ceremony for flood victims a year after disaster killed over 230 people

Spain has commemorated the anniversary of last year’s massive floods that killed over 230 people by holding a memorial ceremony for the victims on Wednesday

The Independent UK

ICE deported an Alabama man who claims US citizenship. DHS says it wasn’t a mistake and don’t want him back

A federal judge had blocked ICE from deporting Chanthila Souvannarath, warning ‘inherent and obvious harm’ in deporting a citizen

The Independent UK

US could lose between $7bn and $14bn during shutdown, budget office says

Federal agency also estimates country’s GDP will reduce by one to two percentage points over shrinking demand

The Guardian - US

Republican Socialism Goes Nuclear: Trump Bets $80 Billion on Government-Backed Energy

After years of decline, nuclear energy's prospects are looking bright. The worst thing the government can do now is get more involved in the industry.

Reason

Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad

For the first time in modern history, the Fed cut rates without jobs data, acting amid a government shutdown, rising unemployment, and open pressure from the president, who wants Powell gone.

Fortune

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The Guardian - US

Fed cuts interest rates for second time this year amid economic uncertainty

Central bank sets rates at range between 3.75% and 4% amid turbulence from government shutdown and Trump’s tariffs

The Independent UK

The US obesity rate is declining thanks to weight loss drugs, survey finds

There are now 7.6 million fewer American adults living with obesity

Latin Times

Mexican President Sheinbaum Calls For a New 'Protocol' To Deal With Cartels Following Eastern Pacific Strikes

Mexican President Claudia Sheinbaum said she asked her foreign minister to hold a meeting with U.S. Ambassador to the country, Ronald Johnson, to develop a protocol to deal with criminal organizations following the latest strike agains talleged drug vessels in the eastern Pacific.

The Mary Sue

‘Some serious activity on Truth Social tonight’: 5 Republicans go against dictator Trump to overturn 50% tariffs on Brazil, people call it a ‘good start’ for change

It appears that the Republican Party is experiencing some internal strife. Late on Tuesday, five GOP members voted in favour of a bill aimed at ending Trump’s tariff war on Brazil.

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The Guardian - UK

Putin under pressure? Inside the 31 October Guardian Weekly

Will US sanctions squeeze Russia’s war machine? Plus: The art genius of Gerhard Richter

The Independent UK

Mark Levin tells MAGA that ‘Bannon’s playing you’ over his Trump third-term push

‘The guy pled guilty to a felony, ripping off little old ladies raising money for a wall that was never built. He's telling us Trump's gonna run for a third term,” Mark Levin fumed this week.

Roll Call

Senate panel approves step on new FBI headquarters plan - Roll Call

A Senate committee took a key step Wednesday to allow the Trump administration to move the FBI headquarters in downtown Washington.

Latin Times

Venezuelan Fishermen Say Maduro's Crackdown Scares Them More Than Trump's Airstrikes: Report

Venezuelan fishermen in the coastal state of Falcón say security crackdowns by President Nicolás Maduro's government are posing a greater threat to their safety and livelihood than recent U.S. airstrikes on suspected drug-trafficking vessels

The Independent UK

Milan-Cortina reaches 100-day countdown with ice hockey arena still under construction

Preparations for the Milan-Cortina Olympics are going down to the wire with just 100 days to go

The Independent UK

Trump admits he can’t run for a third term

Donald Trump has admitted that he cannot run for a third term thanks to the constitution, labelling it as “sad”.

The Guardian - US

US military to reduce number of troops in Romania as start of European drawdown

Army says 2nd Infantry Brigade combat team of 101st Airborne to redeploy to Kentucky ‘without replacement’

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