News

Moscow Mayor: Russian air defense systems shot down three drones heading toward the capital.

Microsoft: We have completed work to resolve the root cause of the problem and have restored service to affected customers and regions.

Canadian Prime Minister Carney: A bilateral agreement with the United States is possible, but it has not yet been achieved.

Canadian Prime Minister Carney: I had a long and substantive meeting with Trump before my trip to Manila.

Canadian Prime Minister Carney: Canada will never withdraw from NATO.

Canadian Prime Minister Carney: The security architecture of a free Europe will be determined by a free Europe and NATO, not Russia.

Canadian Prime Minister Carney: Canada will not accept a trade agreement with the United States that is not feasible for the Canadian auto industry.

Market news: Sources say the leaders of the United States, Japan, Australia, and India will meet in Manila on Tuesday on the sidelines of the ASEAN summit.

The Bank of England's chief economist stated that he will not seek a third term as chief economist after his current term ends in September 2027.

The Bank of England's chief economist said the Bank of England should have raised interest rates before this month.

The Bank of England's chief economist said that delaying increases in borrowing costs would weaken the ability to raise interest rates in small increments.

The Bank of England's chief economist said it will take necessary measures to bring inflation down to 2% over time.

Bank of England chief economist: I am concerned that the impact of inflation will be amplified by a second-round effect.

The Bank of England's chief economist currently expects further rate hikes in 2027, in addition to the rate increase at the next meeting on December 17.

The Bank of England's chief economist said it will take necessary measures to bring inflation back down to 2% over time.

Bank of England Chief Economist: My view is that we will see evidence prompting further interest rate hikes.

Bank of England chief economist: Further interest rate hikes are needed to combat inflation.

Fitch reaffirmed Germany's "AAA" credit rating; outlook remains stable.

According to Iranian media outlet Fars News, the Iranian Army and Navy stated that early this morning local time, an oil tanker ignored prior warnings and entered the dangerous no-navigation zone east of the Strait of Hormuz after disabling its ship tracking and identification systems. It subsequently struck a mine, caught fire, and ceased navigation. The Iranian Navy stated that any oil tanker illegally entering the no-navigation zone east of the Strait of Hormuz will be caught fire due to striking a mine. The Iranian Navy also stated that the tanker owner failed to learn from the experiences of other offending vessels, instead blindly believing the false statements of the US President, thus sending his assets into a minefield, ultimately resulting in their demise—a regrettable situation.

Canadian Foreign Minister: Discussed with Romanian Foreign Minister ways to strengthen cooperation between Canada and Romania in Black Sea security, support regional stability, and expand defense industry partnerships.