World News
Drones hit ships in Black Sea, sinking 1, prompting rescue operations
The crew, which included seven Ukrainian citizens and eight Azerbaijan citizens, reported the ship's deck and hull were hit by three aerial drones
 "Drones hit ships in Black Sea, sinking 1, prompting rescue operations")
Visa gets approval to prepare for domestic payments business in China
The approval marks an 'important milestone' toward the company serving China's domestic payments market, Visa said in a statement
 "Visa gets approval to prepare for domestic payments business in China")
AI investment props up global growth, but war, debt threaten outlook: IMF
For 2027, the IMF predicts 3.4% global growth, flat with the July forecast and up 0.2 percentage point from April
 "AI investment props up global growth, but war, debt threaten outlook: IMF")
Cyberattack targets French supermarket fridges, sparks fires, spoils food
A cyberattack targeting connected refrigeration systems spoiled food and sparked fires at supermarkets across France, prompting a national investigation
 "Cyberattack targets French supermarket fridges, sparks fires, spoils food")
Musk spends $276 mn on midterms to help Republicans retain Congress control
Musk's largess, which was reported earlier by the New York Times, makes the world's richest person likely the single-biggest political donor in this year's races, according to campaign finance record
 "Musk spends $276 mn on midterms to help Republicans retain Congress control")
Earthquake of magnitude 6.1 jolts southern Panama days after major quakes
The quake struck around 6:20 p.m. at a depth of 10 kilometers (6 miles) about 18 kilometers (11 miles) west of Rio Grande in the country's south
 "Earthquake of magnitude 6.1 jolts southern Panama days after major quakes")
Global economy nears limits of resilience as energy squeeze persists: IMF
Growth will accelerate to 3.4% in 2027, the fund said Tuesday in its World Economic Outlook
 "Global economy nears limits of resilience as energy squeeze persists: IMF")
Trump's diesel deal with Russia irks allies, unlikely to reduce prices
The decisions and the ceasefire are all a bet that lowering fuel prices will be the best way to win more votes next month despite the risk of a backlash from political friends and foes alike
 "Trump's diesel deal with Russia irks allies, unlikely to reduce prices")
Trump's deal with Russia gives Putin a boost in economic war with Ukraine
President Trump is moving to buy Russian diesel while also pressuring Ukraine to halt attacks on refineries, a lifeblood of Moscow's war machine
 "Trump's deal with Russia gives Putin a boost in economic war with Ukraine")
Elon Musk's bigger test after airwaves is building costly network
SpaceX's spectrum acquisition could help it challenge major US carriers, but building a nationwide mobile network will require billions of dollars and more Starship launches
 "Elon Musk's bigger test after airwaves is building costly network")
What is the Putin-Trump diesel deal, and can it ease US fuel price pain?
Trump has lifted sanctions on Russian diesel exports to lower US prices, but supply limits, tanker sanctions and refinery damage could curb the impact ahead of midterm polls
 "What is the Putin-Trump diesel deal, and can it ease US fuel price pain?")
Top oil executives dropped from WPC Energy Congress amid Houthi attacks
Saudi authorities pressed ahead with the Riyadh congress despite deadly attacks claimed by the Houthis, as the kingdom outlined plans to expand its oil pipeline capacity
 "Top oil executives dropped from WPC Energy Congress amid Houthi attacks")
Russia violated energy ceasefire announced by Trump, says Zelenskyy
Zelenskyy says Russia struck energy facilities after Trump announced a truce, while Moscow rejects a 60-day ceasefire and the EU sanctions nearly 1,600 people and firms
 "Russia violated energy ceasefire announced by Trump, says Zelenskyy")
US' Homeland Security agents search home of Representative Ilhan Omar
The search takes place within the 60-day window of the midterm elections, when the Justice Department has historically avoided such investigative steps related to political candidates
 "US' Homeland Security agents search home of Representative Ilhan Omar")
AI investment keeps global growth around 3%, with major Asia benefits: IMF
IMF chief Kristalina Georgieva said AI infrastructure investment is supporting global growth despite an energy supply shock
 "AI investment keeps global growth around 3%, with major Asia benefits: IMF")
EU sanctions nearly 1,600 Russians and firms over drone, missile parts
The EU has sanctioned nearly 1,600 Russian individuals and firms linked to military production, targeting suppliers of drone and missile components amid the ongoing war in Ukraine.
 "EU sanctions nearly 1,600 Russians and firms over drone, missile parts")
Robert E Hall, Michael Woodford win Nobel Prize in Economics 2026
Their research has strengthened economists' ability to understand and respond to economic shocks, including energy crises and sudden shifts in household consumption
 "Robert E Hall, Michael Woodford win Nobel Prize in Economics 2026")
Two merchant vessels with 22 Indian sailors attacked in Strait of Hormuz
India condemned attacks on two merchant vessels in the Strait of Hormuz
 "Two merchant vessels with 22 Indian sailors attacked in Strait of Hormuz")
Asia to contribute 59% of global growth in 2026, India to grow 7.3%: UNCTAD
UNCTAD projected global economic growth at 2.6% in 2026, down from 2.9% in 2025, as the global economy slows amid geopolitical tensions, energy shocks and widening development gaps
 "Asia to contribute 59% of global growth in 2026, India to grow 7.3%: UNCTAD")
Nobel memorial prize in economics to be awarded in Stockholm today
The economics prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel
 "Nobel memorial prize in economics to be awarded in Stockholm today")