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India Moves Closer to US Trade Deal, Holds Firm on Tariff Advantage
India has finalised the first phase of its trade agreement with the United States, Commerce Minister Piyush Goyal confirmed. Legal drafting is underway, but New Delhi insists on securing a tariff advantage for Indian exporters before the agreement takes effect.
Trump Seeks Nuclear Talks With Russia and China After Arms Treaty Expires
Donald Trump says Washington is discussing denuclearisation with Russia and China following the expiration of New START. But Beijing has yet to publicly commit to trilateral negotiations, and major differences over nuclear arsenal sizes remain unresolved.
Russia Builds Major Drone-Launch Base Near Ukraine in Six Weeks
Russia has built a major drone-launch facility near Millerovo in just six weeks. Satellite imagery reveals eight launch platforms and 32 preparation areas, with analysts warning that the installation could support large-scale attacks using faster Geran-4 and Geran-5 drones.
Warsh Says World Economy Has Withstood Shocks Better Than Expected
Federal Reserve Chair Kevin Warsh says the global economy has performed better than expected despite successive geopolitical and financial shocks. Speaking in Bangkok, he highlighted strong US investment while declining to signal the Fed's next interest-rate decision.
US Targets Iraqi Bank in Fresh Sanctions Against Iran
Washington has imposed fresh sanctions on financial networks accused of moving Iranian oil revenue and providing access to US dollars. An Iraqi bank, offshore lenders and currency exchange operators are among the targets as the US expands its campaign against Tehran.
Eight US States Sue OpenAI Over ChatGPT's Alleged Harm to Children
Eight US states have filed separate lawsuits accusing OpenAI of misleading consumers about ChatGPT's safety. The complaints allege harmful advice, emotional manipulation and risks to children, while seeking financial penalties and changes to AI safety practices.
White Supremacist Plot Against Illinois Hindu Temple Allegedly Foiled
A suspected mass shooting targeting Indians at a Hindu place of worship in Illinois was allegedly prevented after the accused gunman’s rifle jammed and co-workers alerted police. A 19-year-old has been charged and detained.
New Details Reveal Extensive Damage at Aramco Headquarters
New assessments indicate that the Houthi strike damaged several floors of Aramco’s Dhahran headquarters, including senior executive offices. Oil operations continue, but questions remain over how the projectile reached the compound.
US Inflation Hits 3.7% as Trump’s Cost-of-Living Problem Deepens
US inflation accelerated to 3.7% in September as gasoline prices surged and real wages declined. With midterm elections approaching, Donald Trump faces growing pressure over living costs while the Federal Reserve weighs whether another interest rate increase is necessary.
Starlink Restrictions Slow Ukrainian Drones Without Warning
Ukraine says sudden Starshield restrictions disrupted attack and interceptor drone missions, causing connection losses and forcing aircraft to slow down. Kyiv is seeking answers from SpaceX, the US and NATO while developing backup links.
Gold Rebounds Over 1% as Dollar Retreats From 18-Month High
Gold rebounded more than 1% on October 15 as the dollar retreated from an 18-month high and Treasury yields eased. The recovery followed a sharp inflation-driven selloff, with traders reassessing the likelihood of another Federal Reserve interest-rate increase.
Trump Announces “Massive” Greenland Oil and Mineral Exploration
Trump says “massive” oil, gas and mineral exploration will begin in Greenland, but has provided no projects, companies or timetable. Greenland controls its resources and stopped issuing new petroleum licences in 2021.