Democrats win Senate and House in midterm rebuke of TrumpTrump keeps Iran strike option open as Tehran vows larger response after midtermsKomyshuvakha death toll reaches 40 as Russia strikes Ukraine's power gridIran says four more tankers burn after hitting mines near HormuzHouthis tighten Taiz siege and claim Riyadh airport strike as fighting spreadsVance and Trump blame Iran war for Republican midterm routElection committee rejects fraud claims as Herzog opens government talksBritish health worker evacuated as WHO backs two Bundibugyo vaccine trialsUS-backed strike on ELN camp in Venezuela kills at least 20AI stocks slide, then broader markets rally after Democratic midterm sweepFrench blood service cold stores hacked as Ahold Delhaize counts cost of its attackMelania Trump's Oleshky mediation shapes Ukraine diplomacy ahead of Abu Dhabi talksEurozone inflation reaches 4% as energy prices climbIndonesia's president fires chief of staff after wiretapping arrestBrent drops below $100 as midterm result fuels hopes of US-Iran de-escalationDemocratic governors elected on pledges to curb data centres, putting AI build-out under scrutinyChina confirms contacts with Moscow and Washington on a possible Trump-Xi-Putin summitNorth Korea fires missiles, rejects US talks and denies crypto theftSouth Africans vote in local elections as ANC braces for heavy lossesOracle scraps $7bn Tencent chip deal under Trump pressureIsraeli strikes continue in Gaza as UN report says genocide persistsTrump's plan to end US military aid to Israel draws warningsHackers divert an estimated €118m from Crédit Mutuel ArkéaBangladesh agrees new garment pay scale after five days of protestCommission sees Montenegro in EU by 2028, urges Ukraine to speed up reformsBMW cuts outlook for second time since June as profit fallsTaiwan flags more than 100 Chinese naval and coastguard vessels in western PacificBandits kill soldier and pregnant woman, abduct 15 in NigeriaDanish students protest allowance cuts as France heads into another protest dayBeijing steps up stock-market support as chipmaker YMTC shelves IPOMeta starts debut euro bond sale as hedge funds flag private-credit risksGoogle to invest $15bn in Malaysian data centresPolish prosecutors probe President Nawrocki amid Constitutional Tribunal disputeCVS to split pharmacy business from insurer AetnaDemocrats win Senate and House in midterm rebuke of TrumpTrump keeps Iran strike option open as Tehran vows larger response after midtermsKomyshuvakha death toll reaches 40 as Russia strikes Ukraine's power gridIran says four more tankers burn after hitting mines near HormuzHouthis tighten Taiz siege and claim Riyadh airport strike as fighting spreadsVance and Trump blame Iran war for Republican midterm routElection committee rejects fraud claims as Herzog opens government talksBritish health worker evacuated as WHO backs two Bundibugyo vaccine trialsUS-backed strike on ELN camp in Venezuela kills at least 20AI stocks slide, then broader markets rally after Democratic midterm sweepFrench blood service cold stores hacked as Ahold Delhaize counts cost of its attackMelania Trump's Oleshky mediation shapes Ukraine diplomacy ahead of Abu Dhabi talksEurozone inflation reaches 4% as energy prices climbIndonesia's president fires chief of staff after wiretapping arrestBrent drops below $100 as midterm result fuels hopes of US-Iran de-escalationDemocratic governors elected on pledges to curb data centres, putting AI build-out under scrutinyChina confirms contacts with Moscow and Washington on a possible Trump-Xi-Putin summitNorth Korea fires missiles, rejects US talks and denies crypto theftSouth Africans vote in local elections as ANC braces for heavy lossesOracle scraps $7bn Tencent chip deal under Trump pressureIsraeli strikes continue in Gaza as UN report says genocide persistsTrump's plan to end US military aid to Israel draws warningsHackers divert an estimated €118m from Crédit Mutuel ArkéaBangladesh agrees new garment pay scale after five days of protestCommission sees Montenegro in EU by 2028, urges Ukraine to speed up reformsBMW cuts outlook for second time since June as profit fallsTaiwan flags more than 100 Chinese naval and coastguard vessels in western PacificBandits kill soldier and pregnant woman, abduct 15 in NigeriaDanish students protest allowance cuts as France heads into another protest dayBeijing steps up stock-market support as chipmaker YMTC shelves IPOMeta starts debut euro bond sale as hedge funds flag private-credit risksGoogle to invest $15bn in Malaysian data centresPolish prosecutors probe President Nawrocki amid Constitutional Tribunal disputeCVS to split pharmacy business from insurer Aetna
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The Situation · Edition 55

Thursday, 5 November 2026

← 4 NovToday →

Democrats won both chambers of Congress in the midterms on Tuesday, 3 November, flipping Republican Senate seats in states such as Texas and South Carolina. Vice President JD Vance wrote on Wednesday that the Iran war is why Republicans lost. President Donald Trump called that largely true but said he would start the war again.

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Trump says he has no immediate plans to attack Iran, though US forces are "locked and loaded". Iran's Revolutionary Guards said four tankers hit mines south of the Strait of Hormuz and are still burning. In Ukraine, Zelensky said 40 people died in Monday's Russian strike on an aid site in Komyshuvakha. In Israel, the elections committee certified the 27 October results, dismissing Netanyahu's fraud claims, and President Herzog opened consultations on forming a government.

Brent fell more than 8 percent to about $94-95 as investors bet the Republican defeat lowers the risk of renewed US-Iran fighting. AI shares fell in Asia on fears of tighter regulation, and Bloomberg reports CoreWeave bonds hit new lows after Democrats who pledged to restrict data centres won governorships. Eurozone inflation rose to 4.0% in October from 3.8%.

Less noticed: an airstrike on a Colombian ELN camp in Venezuela's Apure state killed at least 20 people, according to rights groups, and the New York Times reports the US backed it with intelligence and drones. Watch whether Herzog's consultations produce a candidate to form a government.

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Global · 4

North America · 4

Middle East · 6

Europe · 9

South America · 1

Africa · 3

Asia · 7