Sunday, 8 November 2026

In the Gulf, the US struck Iranian air defences on Qeshm island and launched a task force against Iran's land trade routes, while Qatar says its mediation is making progress. In Yemen, the Houthi-run health ministry says airstrikes it blames on Saudi Arabia killed at least 22 people east of Sanaa, and the New York Times reports more than 50 dead in Yemen within 24 hours. In Israel, President Herzog will task opposition leader Gadi Eisenkot with forming a government on Sunday, since neither camp won a majority on 27 October. In Krakow, a gunman fired from a car on the market square and killed six people before police shot and arrested the 24-year-old Polish suspect.

Chip stocks rebounded after a sharp tech sell-off that followed the Democrats' midterm win, and Bloomberg reports that strategists see a chance to buy. Lagarde said inflation is likely to stay high and, according to Politika, could not say with certainty whether the ECB will raise rates in December. The New York Times reported that the US Commerce Department approved Chinese firms with empty offices or links to blacklisted entities to handle Nvidia's H200 chips.

Less noticed is Congo, where an attack by an Islamic State-linked group killed at least 44 people in a hotspot of the growing Ebola outbreak, officials told the New York Times, and patients fled the clinic. Tomorrow, watch the opening of the COP31 climate summit in Antalya on Monday.