1) Ground forces from Israel advanced farther into Gaza. At least fifteen were slain by Israeli Hamas militants during their onslaught on its area. Among them were many civilians and the commander of Hamas' northern Gaza unit. Amir Peretz, Israel's minister of defense, stated that after Hamas launched missiles into a crowded population center in the town of Sderot, the army was forced to retaliate. It was the most intense bombing since Israel left Gaza in the previous year. Mahmoud Abbas, the president of Palestine, demanded a ceasefire, calling the operation "a heinous crime". "We must understand we are facing a culture close to barbarism," he remarked in response to those who are demanding a halt to Israeli operations.
The Gaza humanitarian crisis kept getting worse. The enclave's rulers claim that more over 8,000 Palestinians have died in all. There have been 1.4 million displaced persons. Health services are inadequate and shelters are full to capacity. According to estimates from UN agencies, about three-quarters were either women, children, or the elderly. The only people who can go are certain residents and international assistance workers.
According to Israeli sources, Israel dispatched missile boats to the Red Sea in order to deter any assaults from Yemen. The boats joined an alliance of Indian and American vessels to patrol the region. The Israeli army claimed that its navy had stopped a ship that was carrying weapons and explosives that Hezbollah might have used to assault Israel's north. Although it implied that Iran was involved, it did not specify where the ship had originated.
2) The Indian government declared that it would use all available legal measures to assist in obtaining the release of eight Indian citizens who were given death sentences in Qatar for working as Israeli spying agents. The eight soldiers were Indian Navy veterans.
3) The main airport in Dagestan, an autonomous Muslim republic of Russia in the North Caucasus, was attacked by an antisemitic mob. A group of about fifty men punched hundreds of men who had arrived on a flight from Tel Aviv, some of them were wearing kippahs. Others were driven out. Images from the battle depict warriors with weapons.
4) The number of attacks on Jewish individuals and symbols worldwide has skyrocketed. The largest year-over-year spike of 34% was observed between October 5 and October 23 compared with the same time last year, according to American watchdog Anti-Defamation League. Another Jewish organization, the Community Security Trust, reported that within the course of three weeks, Britain experienced an increase of 68%. Muslim-related attacks have also increased.
5) A confrontation with the White House resulted from Republicans in the US House of Representatives introducing their own bill for $1.3 billion in emergency aid to Israel. The Republican bill looks at funding from Joe Biden's larger package for Israel, which is where they are hesitant.
6) The leading opposition presidential contenders in Congo's general election, which is scheduled for next month, demanded immediate action to stop results manipulation. Voter roles and polling station lists are not publicly available, which makes it challenging to independently monitor for vote rigging.
7) Turkish bank Ziraat Katilim is the first foreign lender to conduct business in Somalia since the nationalization of the financial system by a Marxist government in 1970.
8) Former Chinese prime minister Li Keqiang,68, passed away from a heart attack. Li was the second-highest ranked official in the communist party from 2012 to 2022, but Xi Jinping, who has solidified his position of authority, eclipsed him. He was viewed by some as being more liberal than the president.
9) According to Pakistani officials, tens of thousands of Afghans who have been living there unlawfully have consented to be deported in order to ease an impending water deficit. Approximately 1.7 million Afghans are currently living in Pakistan illegally. Experts strongly disagree with the Pakistani statement, arguing that it misrepresents the reality of their forced expulsion.
The Gaza humanitarian crisis kept getting worse. The enclave's rulers claim that more over 8,000 Palestinians have died in all. There have been 1.4 million displaced persons. Health services are inadequate and shelters are full to capacity. According to estimates from UN agencies, about three-quarters were either women, children, or the elderly. The only people who can go are certain residents and international assistance workers.
According to Israeli sources, Israel dispatched missile boats to the Red Sea in order to deter any assaults from Yemen. The boats joined an alliance of Indian and American vessels to patrol the region. The Israeli army claimed that its navy had stopped a ship that was carrying weapons and explosives that Hezbollah might have used to assault Israel's north. Although it implied that Iran was involved, it did not specify where the ship had originated.
2) The Indian government declared that it would use all available legal measures to assist in obtaining the release of eight Indian citizens who were given death sentences in Qatar for working as Israeli spying agents. The eight soldiers were Indian Navy veterans.
3) The main airport in Dagestan, an autonomous Muslim republic of Russia in the North Caucasus, was attacked by an antisemitic mob. A group of about fifty men punched hundreds of men who had arrived on a flight from Tel Aviv, some of them were wearing kippahs. Others were driven out. Images from the battle depict warriors with weapons.
4) The number of attacks on Jewish individuals and symbols worldwide has skyrocketed. The largest year-over-year spike of 34% was observed between October 5 and October 23 compared with the same time last year, according to American watchdog Anti-Defamation League. Another Jewish organization, the Community Security Trust, reported that within the course of three weeks, Britain experienced an increase of 68%. Muslim-related attacks have also increased.
5) A confrontation with the White House resulted from Republicans in the US House of Representatives introducing their own bill for $1.3 billion in emergency aid to Israel. The Republican bill looks at funding from Joe Biden's larger package for Israel, which is where they are hesitant.
6) The leading opposition presidential contenders in Congo's general election, which is scheduled for next month, demanded immediate action to stop results manipulation. Voter roles and polling station lists are not publicly available, which makes it challenging to independently monitor for vote rigging.
7) Turkish bank Ziraat Katilim is the first foreign lender to conduct business in Somalia since the nationalization of the financial system by a Marxist government in 1970.
8) Former Chinese prime minister Li Keqiang,68, passed away from a heart attack. Li was the second-highest ranked official in the communist party from 2012 to 2022, but Xi Jinping, who has solidified his position of authority, eclipsed him. He was viewed by some as being more liberal than the president.
9) According to Pakistani officials, tens of thousands of Afghans who have been living there unlawfully have consented to be deported in order to ease an impending water deficit. Approximately 1.7 million Afghans are currently living in Pakistan illegally. Experts strongly disagree with the Pakistani statement, arguing that it misrepresents the reality of their forced expulsion.
10) Following altercations at least twice during demonstrations that resulted in two fatalities, opposition groups in Bangladesh asserted that the police had detained thousands of their supporters. Sheikh Hasina is being called upon to step down as prime minister in anticipation of the January general election.
11) During his visit to Kazakhstan, Emmanuel Macron commended the nation's leaders for standing apart from Russia in the conflict over Ukraine. The Russians, who are already concerned about the West's increasing influence in the former Soviet Central Asian states, were alarmed by the French president's visit. In the meantime, the Kazakh government reports that a fire at a coal mine in Kazakhstan claimed the lives of 46 people.
12) Six years to the day after the Bataclan theater shootings, a senior UN official described being hurt in a Paris concert venue as part of a group that was shot at and trapped down. They also discussed the significance of people like the French authorities, who supported them both during and after the incident.
13) After elections in June, Montenegro was able to form a new coalition government. The new prime minister is Miloško Spajić of the centrist Europe Now Movement. Mr. Spajić, a 36-year-old former Goldman Sachs banker, is among the youngest leaders in the world.
14) Barely two weeks after MarÃa Corina Machado won handily, the opposition's primaries were canceled by Venezuela's Supreme Court. Liberal and outspoken in her criticism of Nicolás Maduro's despotic government is Ms. Machado. She was previously prohibited from holding public office by Mr. Maduro, but it was thought that he would become more liberal if the majority of US sanctions were lifted. Republicans in America demanded that the sanctions be lifted.
15) After Australia, the other possible host, withdrew her application, Saudi Arabia appeared to be the clear favorite to host the World Cup of football in 2034. Concerns have been expressed over the treatment of women throughout the competition (public spaces are segregated). There is much conjecture that the Saudis would create "fan zones" to ease their stringent alcohol restriction.
16) The Federal Reserve maintained its benchmark interest rate in a range of 2.5–2.75%, however since the previous announcement of policy, inflation has decreased. Over the past year, the central bank's own inflation index and its target interest rate have only increased by 1.5% and 2%, respectively.
17) In the final trading day before Christmas, all American stock markets had declines; the S&P 500 fell 2.2% for the month, while the NASDAQ fell 4.1%. Higher interest rates, which lower the value of future earnings, negatively impacted investor mood.
18) In the futures market, the Bank of Japan loosened its policy of controlling long-term interest rates starting in the second year. The yield on the benchmark 10-year Japanese government bond can now fluctuate between plus and minus 0.5%, as opposed to plus and minus 0.25%. Haruhiko Kuroda, the governor of the bank, ascribed the alteration to the nearly 1% increase in inflation. The news shocked bond markets around the globe.
19) While the GDP of the euro area expanded by just 0.1% in the third quarter, the economy of the euro area grew by 1.6% annually. Germany's economy, which is the largest in the union, shrank by 0.2% in the preceding quarter. This has a significant impact on Germany's output. The German business sentiment index reached its lowest point in nearly four years.
However, there was some positive news for the currency group as well. From +0.1% in September to -0.2% in October, annual inflation fell sharply.
20) October saw yet another decline in China's manufacturing sector, as indicated by the official purchasing-managers' index. Manufacturing has decreased six out of the last seven months according to that metric.
21) In an effort to secure salary agreements with Fiat, General Motors, and Stellantis (the parent corporation of Fiat-Chrysler), the United Auto Workers union decided to prolong its strike. Over the course of a four-year pact, the three Detroit automakers have agreed to raise employee salaries by 25%. Ford has disclosed that the stoppage lost them operating earnings of $1.3 billion. GM claimed to be losing $200 million every week, whereas Stellantis reported revenue losses of $3.1 billion.
22) As California banned the robotaxi service due to safety concerns, GM's self-driving car company Cruise made the decision to terminate all of its activities. The following markets are served by Cruise: Dallas, Houston, Miami, and Phoenix.
23) Panasonic blamed a decrease in demand for some Tesla models for lowering its earnings projection for its electric car battery division. Panasonic owns a facility in Nevada and has placed a significant wager on producing batteries for Tesla. Due to investor concerns that it would sell fewer cars in the future, Tesla's share price has dropped precipitously in recent weeks.
24) Employees allegedly getting ready to declare bankruptcy. The office-sharing company's valuation of $47 billion in January 2019, when optimism about its future prospects peaked, has significantly decreased to just tens of millions of dollars due to its debt.
25) Large oil firms released impressive quarterly results. Chevron's net income of $30.6 billion and Exxon Mobil's of $19.7 billion were both 25% higher than the preceding three months. They increased much more, mostly due to an increase in oil costs between July and September.
26) The largest offshore wind power producer in the world, Ørsted, located in Denmark, declared that it was pulling out of projects off the coast of New Jersey, citing "adverse impacts" related to supply chains and rising borrowing rates. The corporation is deducting $4 billion from its earnings. The sector is experiencing a deluge of issues. GE recently stated that it anticipates losing $2 billion over the next two years in its wind sector.
27) The first international summit on artificial intelligence was held in Britain at Bletchley Park, the headquarters of Alan Turing's team of cryptographers during World War II. Elon Musk, the CEO of Tesla, Wu Zhaoxiu, the vice-minister of science and technology for China, and American vice-president Kamala Harris were among the guests. The goal of the meeting was to produce a set of global guidelines for the ethical and safe advancement of artificial intelligence.
28) As per the news reports, X, which was formerly known as Twitter, has an estimated net worth of $19 billion. When Elon Musk purchased the business last year, he did it for $44 billion. Making the platform into a "everything app" has been difficult for him. Ever the optimist, Mr. Musk informed employees in March that he believed there was "a clear, but difficult, path" to reaching a $250 billion or more valuation.