newsmart – Business

koreatimes.co.kr | 27 min. ago NEW

[INTERVIEW] Korea's tungsten mine could help US cut reliance on China, Tungco CEO says

As the United States seeks to reduce its reliance on China for tungsten, a critical mineral used in semiconductors and defense systems, producers in allied nations such as Korea could help fill the supply gap, according to a Kentucky-based tungsten recycling executive. Cliff Nance, owner and CEO of Tungco, said “more production from trusted allies” could help the United States reduce its reliance on China, which dominates the global tungsten supply chain.

He welcomed the prospect of the U.S. importing tungsten from the Sangdong mine in Yeongwol, Gangwon Province, where Almonty Korea Tungsten Corp. (AKTC) completed production facilities in September. “Almonty’s Sangdong mine is a positive development for both Korea and the U.S.,” Nance said in an interview with The Korea Times.

"Breaking China’s dominance of tungsten requires more production from trusted allies, and Korea can play an important role." According to the U.S. Geological Survey, China produces 67,000 of the 85,000 metric tons of tungsten mined globally each year. Seeking to reduce reliance on Chinese supplies, Tun

koreatimes.co.kr | 42 min. ago NEW

President Lee says Korea should learn from European protests to sustain growth

President Lee Jae Myung said Tuesday that Korea should learn from growing public protests in Europe, citing low growth as a potential reason for the unrest and stressing the importance of ensuring sustained growth at home. The president made the remarks at a Cabinet meeting, as a wave of protests and mass demonstrations over rising living costs and economic inequality has swept across European nations, including France, Spain and Italy.

"As large-scale protests have occurred recently in many European countries, social confusion and conflict have ensued," Lee said. "We should take the European situation as an example of what not to do." Lee said many experts pointed to high energy and living costs, a stagnant economy and accumulated inequality as factors gripping Europe, adding, "The biggest and most fundamental reason might be low growth."

"Prolonged low growth has worsened youth unemployment and (economic) polarization and weakened fiscal status, shaking social stability from the root," the president said of the European situation. Despite recent "impressive results" in Korea's economic

al-monitor.com | 55 min. ago NEW

The key issues shaping Israel's election

When Israel goes to the polls on Tuesday, voters will weigh in on military conscription, the economy and how the state should investigate its failure to prevent Hamas's October 7, 2023 attack. AFP looks at the key issues that have shaped the campaign. - Accountability for October 7 - Many Israelis have demanded an independent state commission of inquiry into the failures that allowed Hamas's October 7, 2023 attack, which resulted in the deaths of more than 1,200 people.

koreatimes.co.kr | 57 min. ago NEW

Lee Jae-yong's 4-year bet on chips pays off as Samsung profit surges

Samsung Electronics Executive Chairman Lee Jae-yong on Tuesday marked his 4th anniversary at the helm of Korea’s largest conglomerate. With Samsung Electronics set to become one of the world’s most profitable companies with over 100 trillion won in operating profit in the third quarter, Lee’s efforts to restore the company’s competitiveness in semiconductor and foster future growth businesses are becoming increasingly evident.

According to Samsung Electronics, the company will not hold an official ceremony to celebrate the anniversary, and Lee will also not issue a separate statement. Lee was promoted from vice chairman to executive chairman on Oct. 27, 2022, but both before and after his promotion, he has generally refrained from making public statements about the company at formal events, focusing instead on visiting business sites and meeting employees.

When Lee has spoken publicly, it has generally been at times when the company faced a crisis. Upon taking on the chairmanship, he wrote a message calling for investments in technologies that did not yet exist. In March last ye

koreatimes.co.kr | 57 min. ago NEW

GNI per capita 'almost certain' to reach $40,000 in 2026: finance ministry

Korea is "almost certain" to reach a gross national income (GNI) per capita of $40,000 this year, the finance ministry said Tuesday, as Asia's No. 4 economy grew 1 percent in the third quarter from the previous three-month period, driven by strong exports and investment.

The Ministry of Finance and Economy made the assessment following the release of advance third-quarter data from the Bank of Korea (BOK), which would mark a new milestone after the country's per capita GNI, a gauge of the population's purchasing power, first surpassed the $30,000 mark in 2014. "Korea maintained solid growth despite a high base effect from the first half, raising the possibility of growth in the mid-3 percent range this year," the finance ministry said.

Finance Minister Lee Hyoung-il said this month Korea's economic growth for 2026 could range from 3.4 percent to 3.6 percent. "The GNI per capita is almost certain to hit $40,000 for the first time ever," it added. The International Monetary Fund also recently projected Korea's per capita GNI would reach the $40,000 level in 2026 and $50,000 in 2028. The fina

timesofisrael.com | 1 hrs. 8 min. ago

Undecided voters could sway race for Eisenkot or Netanyahu

Many Israelis fed up with PM are also not big on his rivals, with pollster predicting around 25% of those voting are late deciders who 'will definitely have an effect' on the outcome

koreatimes.co.kr | 1 hrs. 13 min. ago

Seoul stocks open higher on Wall Street gains, renewed AI optimism

Korean stocks opened higher Tuesday, tracking overnight gains on Wall Street, as renewed optimism over artificial intelligence (AI) and easing oil prices lifted investor sentiment. The benchmark Korea Composite Stock Price Index (KOSPI) rose 189.18 points, or 3.46 percent, to 5,658.65 as of 9:15 a.m.

Overnight, the Dow Jones Industrial Average gained 0.28 percent, while the S&P 500 advanced 0.7 percent and the tech-heavy Nasdaq Composite climbed 0.82 percent. Investor sentiment improved after AI startup Anthropic disclosed strong revenue growth in its U.S. initial public offering (IPO) filing, reigniting enthusiasm for AI-related stocks ahead of major tech earnings and the Federal Reserve's interest rate decision.

Oil prices also retreated on hopes of easing tensions in the Middle East, following reports of Qatari mediation efforts involving Iran and the United States. KOSPI heavyweights rose across the board. Market bellwether Samsung Electronics gained 4.69 percent, and chip giant SK hynix increased 7.14 percent.

SK Square, the parent firm of SK hynix, jumped 10.4 percent, and Samsung Ele

koreatimes.co.kr | 1 hrs. 13 min. ago

Hanwha Ocean steps up push into global warship market

Hanwha Ocean is bolstering its push for its warship business overseas, targeting strategic markets across Europe, Southeast Asia and Latin America as it moves to strengthen its position in the global naval defense industry. The shipbuilder is leveraging its submarine design and construction expertise, surface warship experience and large-scale production capacity to pursue new export opportunities.

Hanwha Ocean is the only Korean company to have participated in all three Korean Destroyer eXperimental (KDX) programs and all multi-phase Jangbogo submarine development projects. The KDX program is an initiative by the Republic of Korea Navy to modernize its destroyer fleet. The company's overseas naval business builds on its previous export record and a growing pipeline of potential contracts.

Under its former name, Daewoo Shipbuilding & Marine Engineering, Hanwha Ocean accumulated overseas submarine project experience through programs in Indonesia. It has also delivered frigates to Bangladesh and Thailand, as well as naval support vessels to Britain and Norway. More recently, the company was

newsbeep.com | 1 hrs. 39 min. ago

Healey vows cheaper marmalade and gherkins in pre-Budget package

Marmalade, for example, will see a 20% tariff, plus an additional £19 charge per 100kg imported, suspended. Healey…

koreatimes.co.kr | 3 hrs. 11 min. ago

Korea's economy grows 1% in Q3 on chip exports, beating forecasts

Korea's economy expanded 1 percent in the third quarter from the previous quarter, extending its stronger-than-expected recovery on the back of booming semiconductor exports, the Bank of Korea (BOK) said Tuesday. Preliminary data from the central bank showed that real gross domestic product (GDP) rose 1 percent in the July-September period, exceeding the BOK's own projection of 0.3 percent for the quarter.

Facilities investment rose 4.1 percent, mainly on increased investment in machinery, including semiconductor manufacturing equipment. Investment in intellectual property products grew 2.3 percent as spending on research and development and software increased. Exports grew 2.3 percent, driven mainly by semiconductors and machinery and electrical equipment.

Imports rose 2.4 percent, led by increases in crude oil and semiconductor manufacturing equipment. The stronger-than-expected growth puts the economy on a firmer footing to meet the BOK's growth forecast of 3.3 percent for this year, released in August. The country's quarterly growth rebounded sharply from a 0.1 percent contraction in

theguardian.com | 3 hrs. 23 min. ago

UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises

British Retail Consortium says ‘dam is starting to break on the huge wave of costs’ being kept from consumersShop price inflation has risen to the highest level in two and a half years, according to the British Retail Consortium, which warned that “the dam is starting to break” when it comes to retailers trying to limit price rises for customers.The lobby group said shop price inflation was 2.1% year on year in October, a sharp rise compared with 1.4% in September, and an indication that retailers were beginning to pass on the rising costs of energy and food ingredients since the Middle East conflict broke out.

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independent.co.uk | 3 hrs. 24 min. ago

The Anthropic IPO by the numbers, from a possible valuation in the trillions to surging revenue

Anthropic has the chance to make history with what could be the biggest initial public offering of stock ever

cnbc.com | 3 hrs. 24 min. ago

Bank of Japan is expected to hold rates this week — but stay hawkish: CNBC survey

All survey respondents said they expect the BOJ to set the stage for a rate hike in December or January, as inflation and wages continue to rise.

smh.com.au | 4 hrs. 24 min. ago

Binoculars at the border with North Korea

Dandong, in north eastern China, has built a tourism industry around peering into the world's most secretive country while propping up its economy.

abc.net.au | 4 hrs. 41 min. ago

Live: Anthropic to hit stock market with 'eye-popping' growth and massive losses

The AI giant behind Claude has filed its plans to float on the share market. Wall Street has rallied, led by tech stocks. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

independent.co.uk | 4 hrs. 56 min. ago

Budget 2026 latest: Chancellor Healey to cut food costs in bid to deliver ‘everyday fixes’

The Treasury has announced the removal of import tariffs on over 100 products

koreatimes.co.kr | 5 hrs. 15 min. ago

Lee Jae-yong marks 4th anniversary at Samsung's helm

Samsung Electronics Executive Chairman Lee Jae-yong on Tuesday marked his 4th anniversary at the helm of Korea’s largest conglomerate. With Samsung Electronics set to become one of the world’s most profitable companies with over 100 trillion won in operating profit in the third quarter, Lee’s efforts to restore the company’s competitiveness in semiconductor and foster future growth businesses are becoming increasingly evident.

According to Samsung Electronics, the company will not hold an official ceremony to celebrate the anniversary, and Lee will also not issue a separate statement. Lee was promoted from vice chairman to executive chairman on Oct. 27, 2022, but both before and after his promotion, he has generally refrained from making public statements about the company at formal events, focusing instead on visiting business sites and meeting employees.

When Lee has spoken publicly, it has generally been at times when the company faced a crisis. Upon taking on the chairmanship, he wrote a message calling for investments in technologies that did not yet exist. In March last ye

businessinsider.com | 5 hrs. 31 min. ago

The feds made $627 million selling Anthropic stock from SBF's friends — but could have made billions

The US government sold $627 million in Anthropic shares after seizing them from Sam Bankman-Fried's friends. Its windfall could have been even bigger.

theguardian.com | 6 hrs. 49 min. ago

Anthropic reveals rapid revenue gains and larger losses in stock market filing

Market debut of AI company behind Claude chatbot will be one of largest in US history, a test of the AI boom’s financial viabilityAnthropic has publicly filed for a stock market listing in what is slated to be one of the largest debuts in history.

The company’s float on the US market will serve as a test of the financial viability of the multitrillion-dollar AI boom.Analysts and investors have valued the San Francisco-based company, founded in 2021, at more than $1.5tn. The company, which will will list under the symbol ANT, confidentially filed with US financial regulators for an initial public offering in June.

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axios.com | 6 hrs. 54 min. ago

Economic policy vets see risks in AI overreliance

Harvard economist Jason Furman told Axios that if he were to return to his old job as chairman of the White House Council of Economic Advisers today, he would rely on AI tools over staff economists for much of the council's day-to-day analytical work.The big picture: Unsurprisingly, this made some waves in the online discourse, particularly the loose-knit community formerly known as Econ Twitter.Many veterans of the economic policy trenches see real risks in future policymakers becoming overly reliant on AI — or at a minimum think that Furman is underestimating the importance of human economists in advising the nation's leaders.What they're saying: "CEA work, at least in my experience, is highly bespoke as you're explaining the data flow (and much else) to very busy people who don't want only market-shop analysis," Jared Bernstein, the CEA chair under President Biden, wrote on Substack."Yes, they want and need that — what will the markets make of this CPI, jobs, GDP, etc. report — but more so they want to know how this report fits into our narrative, our agenda, the president's trip today to Iowa."He adds that within a White House, "the human skill of reading-the-room is paramount.

I'm far from an AI expert, but my sense is it sucks at that and probably always will, a conclusion that derives in no small part from listening to its creators!"Zoom in: Claudia Sahm, a former Federal Reserve economist, raised an issue that we've often heard from senior people in fields like consulting and investment banking: If you get rid of junior positions, where will future senior leaders come from?Furman's staff "went on to found the Yale Budget Lab, run Treasury economic policy and a Fed institute, serve in later [administrations], and publish research on trade, environment, and taxes.

That's what '20 staff' become," she wrote on X. "No model does that."Bloomberg chief U.S. economist Anna Wong argues that the "ability to now not depend on anyone, as a senior person, is very, very empowering. Now, with just the idea, a senior person can go far."Zoom out: "Entering into sci fi speculation," Wong wrote on X, "as humans [we're] not about to replace the aging experts due to low pipeline of young human experts, AI themselves, through the training over the years, became the one spawning the ideas.""That seems like a disaster waiting to happen that current social policy needs to address."Yes, but: Casey Mulligan, who served in President Trump's first-term CEA and now as chief economist at the Department of Health and Human Services, said that the implications of AI for human labor in policymaking are not so obvious."I built AI tools at two federal offices," Mulligan wrote on X. "Able to do economic research better and more quickly, we needed more economists rather than fewer due to the added demand for what we do.

This pattern is also evident in the small business sector."This concept — that labor-saving tools can actually increase demand for labor — is known as Jevons Paradox.The bottom line: "Be the labor-augmenting technological change you want to see in the world," wrote Stanford economist Neale Mahoney."It's on us olders to build organizations where people and AI complement each other, and to prepare the youngers for a world with better and better AI," he adds.

smh.com.au | 7 hrs. 41 min. ago

Australia news LIVE: Plibersek asked to reassure young women public life is still safe after Haines attack; Coalition vows to dismantle climate policies in bid to fight inflation

Follow along as we bring you the latest live news updates from Australia and beyond.

newsbeep.com | 7 hrs. 59 min. ago

Energy price hikes drove all the rise in eurozone inflation amid war on Iran, Greenpeace analysis finds

Amsterdam, Netherlands – Between January and August 2026, energy prices accounted for the entire rise in eurozone inflation…

smh.com.au | 8 hrs. 51 min. ago

ASX set to edge up, Wall Street climbs; Anthropic files for IPO

US stocks are climbing as investors digest Anthropic’s filing for its initial public offering and look forward to key big tech earnings this week.

livemint.com | 8 hrs. 52 min. ago

LTCG news: Budget 2027-28 may cut long-term capital gains tax for both domestic and foreign investors, says report

Government weighs lowering 12.5% capital gains levy, allowing foreign investors to calculate gains in dollar terms

cnbc.com | 8 hrs. 53 min. ago

Oil ticks lower as Saudi defense minister meets with Iran's president in Tehran to de-escalate

Investors are worried about the vulnerability of Saudi energy infrastructure and the risk of another disruption to production, refining or export facilities.

dw.com | 8 hrs. 54 min. ago

AI company Anthropic files its IPO in hopes of raising $100 billion

Anthropic has filed paperwork for an initial public offering that could be one of the biggest in history. The company has yet to turn a profit.

newsbeep.com | 9 hrs. 10 min. ago

Uganda turns to its thin foreign exchange reserves as the shilling slides, putting pressure on the country’s defences against currency turmoil


 At a previous rate increase, Governor Michael Atingi-Ego said the move was necessary to contain inflation, limit…

nationalpost.com | 9 hrs. 10 min. ago

Canada-U.S. trade war to end ‘soon,’ Trump says, but there’s no real sign of a breakthrough

Trump’s trade war with Canada has been a friction point ahead of the November midterm elections

independent.co.uk | 9 hrs. 10 min. ago

Stocks rally ahead of UK Budget and interest rate calls

Chancellor John Healey is expected to announce an investment boost, and modest tax rises, as he seeks to placate the City.

koreatimes.co.kr | 9 hrs. 14 min. ago

French student protesters say government offered them deal, but they want more

PARIS — French student leaders said the government had offered a package of education proposals on Monday in response to weeks of street protests, but vowed to keep demonstrating as the measures had fallen short of their demands. Emerging from a meeting with government officials, the students said the proposals included capping the size of some classes, loans for renovating schools and the replacement of a university admissions system they saw as unfair.

"Not all our demands were met. We'll go on for as long as it takes," Louis Letoublon, one of the representatives of high school students, said. There was no immediate confirmation of the education proposals from the government. A press conference to announce the details was delayed.

There were no immediate details on how much funding any such education package would require. The hands of President Emmanuel Macron's minority government are tied by national debt approaching 120 percent of GDP and high new borrowing needs already making it difficult to agree a budget for next year.

The protests, initially triggered by student discontent, h

thehill.com | 9 hrs. 15 min. ago

Ramaswamy says the Acton campaign ‘defamed my mother’ before his attack ad

Republican Vivek Ramaswamy slammed opponent Democrat Amy Acton's campaign on Sunday, saying her campaign “defamed my mother” before he released a controversial attack ad earlier this month. Appearing on Fox News, Ramaswamy was asked whether he regretted releasing an attack ad that featured Acton’s estranged mother, Donna Arthur, calling her daughter a “liar.”

“I'll tell you the advice I was raised in: You never start a fight, but if you find yourself in one, you finish it, and you have to stand for what is right and what is true,” he said. “They've attacked me. They've defamed my mother to media silence.

It's unbelievable. And yet, at the same time, they'll trot out anything to attack a Republican.” Ramaswamy did not mention a specific instance of alleged defamation. The Hill has reached out to his campaign for clarification and comment. Acton has talked about experiencing physical and sexual abuse, along with neglect, during her childhood.

Her mother stayed with her stepfather even after he was charged with sexually abusing Acton when she was 12 years old, according to court documents. Acton’s campaign in August released attacks regarding Axovant, a company Ramaswamy founded that promoted Alzheimer’s medication, and the ad's included his mother.

“Today, new reporting details how billionaire Vivek Ramaswamy hired his own mother, who lacked research experience, to manipulate clinical trial data in an alleged ‘pump and dump’ pharmaceutical scheme,” the press release read. Addie Bullock, one of Acton’s communications directors, accused Ramaswamy of “shamelessly profiting off Alzheimer's patients and getting his own mother to manipulate clinical trial data, to make a buck," in a press release at that time.

Axovant went public and saw its value shoot up to more than $350 million in its initial public offering before plummeting after the company reported its Alzheimer’s drug failed Phase 3 testing. An investigation by Politifact, a nonpartisan fact-checker, found that Acton’s claims concerning Ramaswamy pushing an “Alzheimer’s drug that he knew didn’t work” and making “hundreds of millions of dollars scamming people” were mostly false.

New polling from Fox News showed Acton leading Ramaswamy by 2 points, although her lead is within the poll’s margin of error of 2 percentage points. Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to The Hill.This article originally appeared on The Hill at https://thehill.com/homenews/state-watch/6172476-ramaswamy-acton-mother-defamation-allegation/

smh.com.au | 9 hrs. 27 min. ago

WA needs a top-ranking university that can compete for top academic talent. A merger could give us just that

This initiative is not about individuals, it is about what is best for WA. It is about developing a new state university that can support and underpin a strong, diverse economy for all West Australians.

livemint.com | 9 hrs. 28 min. ago

S&P 500 vs Nasdaq 100: Which global index fund is right for Indian investors seeking international market exposure?

S&P 500 or Nasdaq 100? The S&P 500 covers over 40% of global stock market value, while the Nasdaq 100 offers greater technology exposure. A PPFAS report explains their differences, risks and how much Indian investors can allocate globally.

koreatimes.co.kr | 9 hrs. 28 min. ago

Rubio to host G20 foreign ministers' meeting in Atlanta

WASHINGTON — U.S. Secretary of State Marco Rubio will host a Group of 20 (G20) foreign ministers' meeting in Atlanta this week to discuss ways to advance cooperation on shared economic and security challenges, his office said Monday. Rubio will travel to Atlanta to host the two-day meeting starting Friday, the State Department said in a release, adding that Washington will work with G20 partners "to address geopolitical crises contributing to global economic shocks, including threats to freedom of navigation, energy and food security and supply chains."

"Global security and economic prosperity are inextricably linked, and these discussions will set the stage for President Trump's G20 Leaders' Summit and the broader economic agenda that leaders will tackle," the department said. According to the Seoul foreign ministry, South Korean Foreign Minister Cho Hyun plans to attend the meeting to discuss ways to address global challenges with partner nations and strengthen international cooperation.

Cho is also seeking bilateral meetings with his counterparts from major countries on the sideline

nypost.com | 9 hrs. 30 min. ago

California’s worst-run city could give council members $108K raises

Oakland city council members could get a $108,000 pay and benefits bump as the city deals an illegal dumping epidemic, high crime, a homelessness crisis and a structural budget deficit.

businessinsider.com | 9 hrs. 31 min. ago

A top economist says bond investors are doing the Fed's job, and more rate hikes aren't needed

The surge in the 10-year Treasury yield has done the job of tightening financial conditions in the economy ahead of the next Fed meeting, Mark Zandi said.

axios.com | 10 hrs. 7 min. ago

Trump allies fall in two elections as Netanyahu faces next test

A pair of Trump-friendly right-wing populists took a one-two punch Sunday: Brazil rejected a Bolsonaro comeback, and Serbia toppled a strongman's ruling party.The big picture: Brazil denied Trump a close ally at the helm of Latin America's largest economy, snapping a streak of seven straight conservative wins in the region.

In Europe, Serbia and Hungary toppled leaders with close Trump ties who had dominated their countries for years.Now, another massively pivotal election looms Tuesday, when Trump ally, Israeli Prime Minister Benjamin Netanyahu, will face a battle for political survival.On the eve of the election, Netanyahi touted Trump's endorsement and his "friendship" with the American president.

But as the global right has made gains, opposition forces proved this weekend that they still have fuel.Driving the news: In Brazil, leftist President Luiz Inácio Lula da Silva staved off a challenge from Flávio Bolsonaro, the son of former President Jair Bolsonaro.The younger Bolsonaro, widely seen as the heir to his father's populist movement, refused to concede and called for the results to be annulled, according to translations.The elder Bolsonaro is serving a 27-year sentence after being convicted of plotting a coup to overturn his 2022 loss.

Trump has called the prosecution a "WITCH HUNT."The White House did not immediately respond to Axios' request for comment on the race.Between the lines: Brazil's election emerged as a test of Trump's political influence in Latin America, where right-wing and Trump-backed candidates have celebrated an uninterrupted series of wins.Those victories include Trump-endorsed Abelardo de la Espriella in Colombia, Nasry "Tito" Asfura in Honduras and José Antonio Kast in Chile.Trump did not formally endorse Flávio Bolsonaro, but he met with him earlier this year and imposed ignificant tariffs on Brazil as he protested the charges against Bolsonaro's father.

Lula is a vocal Trump critic.In March, Flávio Bolsonaro told an audience at the Conservative Political Action Conference that America faced a "fork in the road" in the election: "Either you have the most powerful ally in the hemisphere, or an antagonist."Zoom out: Meanwhile, across the Atlantic, a student-led opposition movement toppled the right-wing party of long-serving strongman Aleksandar Vučić, who was seeking to become prime minister.Unlike the Bolsonaros, Vučić conceded defeat Sunday.The Balkan leader had courted Trump's inner circle, including Donald Trump Jr., and described the president as a "kindred spirit."It reflects the shifting tides that also allowed next-door Hungary to oust Trump-allied Viktor Orbán, once one of the Western world's most entrenched populist leaders, in April after 16 years in power.

Yes, but: Europe's political upheaval is cutting both ways: While the populist right has fallen in Serbia and Hungary, it's gaining ground in two of the continent's largest economies.In France, far-right presidential frontrunner Marine Le Pen launched her 2027 campaign this weekend, seizing on nationwide unrest to pitch her tough-on-crime, anti-migrant agenda.

In Germany, the far-right Alternative for Germany won a record 44% in a state election last month and continues to lead in national polls.What we're watching: Trump's historic move of endorsing Netanyahu in Tuesday's Israeli elections will once again test his influence abroad.Tuesday's election in Israel is set to be tight for Netanyahu, who has sought to elevate Trump's endorsement as he jockeys with former Israel Defense Forces Chief of Staff Gadi Eisenkot.The 77-year-old Netanyahu has been prime minister for some 19 years in nonconsecutive terms.

Analysts see the election as a referendum on the security failure of Oct. 7, 2023, that killed around 1,200 people.Whoever governs Israel could shape Trump's next moves in the Middle East — including whether to escalate the war in Iran.Go deeper: Lula v. Bolsonaro: Brazil election unfolds in Trump's shadow

mlive.com | 10 hrs. 55 min. ago

Where gas is cheapest, most expensive this week in Michigan

Midwest refinery issues combined with ongoing international conflicts affecting oil exports have pushed Michigan's average to $4.82 per gallon, with diesel reaching $6.81 statewide.

independent.co.uk | 10 hrs. 55 min. ago

These 28 under-the-radar cities have been named ‘ones to watch’ for 2026

Manchester made the list of ‘emerging stars’ of the global economy

al-monitor.com | 10 hrs. 56 min. ago

Egypt approves military support for Saudi Arabia after Houthi attacks escalate

CAIRO, Oct 26 (Reuters) - Parliament authorised Egyptian President Abdel Fattah al-Sisi on Monday to take "all necessary measures" to help Saudi Arabia to defend itself - a move that could push Cairo more directly into the conflict between the kingdom and Yemen's Iran-allied Houthis.Sisi had asked parliament to approve military support to Egypt's Gulf Arab ally and the world's biggest oil exporter if Riyadh requested help against the Houthis, whose advances also threaten the strategic Bab el-Mandeb Strait — southern gateway to the Red Sea and Egypt's Suez Canal.