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Hoax Bomb Threats Ground Europe's Skies for a Third Day: 18 More Flights Hit as Officials Warn of a Coordinated Campaign

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  For the third consecutive day, hoax bomb threats have disrupted air travel across Europe, with 18 more flights affected on Thursday as authorities warn of a coordinated campaign to sow panic and chaos. The threats, which have targeted airports in multiple countries, have forced planes to divert, delayed hundreds of flights, and led to the evacuation of terminals. Officials say the threats appear to be part of a coordinated campaign, with similar messages sent to airports in France, Germany, Spain, Italy, and the United Kingdom. “We are dealing with a deliberate attempt to disrupt European air travel and create fear among the public,” said a spokesperson for the European Union Aviation Safety Agency. “These are not isolated incidents. They are part of a pattern.” Police have arrested several people in connection with the threats, but the source of the campaign remains unclear. Some officials have suggested that a foreign state actor could be behind the disruption. Airlines have ur...
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A Bank Collapse Brings Down a President: Paraguay's Santiago Peña Impeached and Under House Arrest

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  Paraguay's President Santiago Peña was impeached and placed under house arrest on Thursday after a corruption scandal involving a failed bank, in a political crisis that has gripped the South American country for weeks. The Chamber of Deputies voted 59–12 to impeach Peña, who was immediately suspended from office. The Senate then voted 34–4 to remove him permanently. Peña was then ordered to remain under house arrest while he is investigated. The crisis centers on the collapse of Banco Continental, which has been accused of falsifying its accounts and lending money to companies controlled by the family of former President Horacio Cartes, Peña's political patron. The bank's collapse cost Paraguayan taxpayers billions of dollars and exposed a network of corruption at the highest levels of government, according to prosecutors. A judge ordered Peña's house arrest after prosecutors accused him of accepting bribes in exchange for protecting the bank from regulators. Peña ha...
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A Ceasefire in Name Only: UN Warns of Ethnic Cleansing as Gaza Death Toll Passes 1,580

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  The United Nations' human rights office has warned that Israeli forces in Gaza are continuing to displace Palestinians and that their actions "continue to raise concerns of ethnic cleansing", a year after a ceasefire was supposed to have taken hold. In a statement issued on Friday, the Office of the United Nations High Commissioner for Human Rights (OHCHR) said Palestinians were being repeatedly displaced into an ever-shrinking fraction of the besieged enclave, as the Israeli military pushes its deployment line — known as the "Yellow Line" — further westward. According to the OHCHR, Israeli forces "appear to treat the yellow line as a kill zone", preventing Palestinians from returning to what remains of their homes on the other side, while destroying remaining civilian infrastructure and attacking displacement sites. The agency documented the westward expansion of the Israeli military over the past two weeks, triggering new displacement in Shujayea i...
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Missiles Over Kyiv as Ukraine's Lights Go Out: A War of Attrition Before the Abu Dhabi Talks

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  Russian forces launched a missile attack on the Ukrainian capital Kyiv early on Saturday, hours after President Volodymyr Zelenskyy warned that every power plant in the country has now been damaged by Russian strikes. Debris from the attack damaged a residential building, according to Mayor Vitali Klitschko, who wrote on Telegram that explosions were heard in the Kyiv suburbs and that the enemy was "hitting infrastructure with ballistic missiles". Officials continued to warn residents of further strikes hours later. The attack is the latest in a sustained campaign against Ukraine's energy system as winter approaches. Zelenskyy told participants at the Ibero-American Summit on Thursday that "every power plant in Ukraine has suffered from Russian attacks in one way or another", adding that Moscow was using Shahed drones and missiles to strike even the energy equipment that the country's nuclear power plants depend on. Ukraine's air force said Russia laun...
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After the Midterm Rout, Trump Doubles Down: Stephen Miller to Run the White House

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  President Donald Trump has replaced his chief of staff, Susie Wiles, with longtime adviser Stephen Miller, in the first major shake-up of his administration since Republicans lost control of both houses of Congress in Tuesday's midterm elections. Trump announced the change on Friday on Truth Social, saying Miller would take over the post on Monday, November 9. Wiles, the first woman ever to serve as White House chief of staff, will move to the Trump Political Operation. The departure had been building for barely a day. Wiles submitted her resignation on Thursday evening, hours after the scale of the Republican defeat became clear. Democrats flipped at least seven Senate seats and retook the House, ending two years of unified Republican rule in Washington. Trump had publicly dismissed speculation about Wiles leaving as recently as October, saying she would remain in the job "for a long time". She was also his longest-serving chief of staff, a role that has consumed five ...
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Bank of England Raises Rates to 4% for the First Time in Three Years as Inflation Heads for 5%

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  London — The Bank of England raised its key interest rate to 4% on Thursday, the first rate rise in three years, and told households that borrowing costs are likely to stay at that level until early next year as inflation heads towards 5%. The nine-member Monetary Policy Committee split six to three, with the majority voting to raise Bank Rate from 3.75% — a decision that came despite a separate vote to pause the sale of government bonds and against the government's explicit opposition. The hike ends a year of steady rate cuts that began in August 2025, when Bank Rate stood at 5%. The Bank cut six times in fourteen months, including four cuts this year alone, taking rates to 3.75% in September. Thursday's rise marks the first increase in the rate since August 2023. The immediate cause is the Budget. The Bank's November Monetary Policy Report, published alongside the rate decision, says Rachel Reeves' Budget raised the forecast for inflation by about 0.3 percentage poi...
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The $3 Trillion Thursday: AI Stocks Plunge as Nasdaq Sinks 5.5% in Its Worst Day Since April

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New York — The artificial intelligence trade suffered its worst day in 18 months on Thursday as the Nasdaq Composite plunged 5.52% to 24,315, wiping more than $2 trillion from the index and dragging global markets down with it. The sell-off, triggered by the Democrats' sweep of the US midterm elections, hit the companies building AI infrastructure hardest and left the Nasdaq in correction territory, more than 10% below the record it set only a month ago. The scale of the rout was stark. The Nasdaq's fall was its largest one-day percentage drop since the April 2025 tariff sell-off, and by midday Fortune counted more than $3 trillion of market value gone from the index. The S&P 500 fell 4.36% to 7,353.73 and the Dow Jones Industrial Average lost 1,833 points, or 3.44%, to 51,523, more than erasing Wednesday's 1,570-point gain. The Philadelphia Semiconductor Index, a basket of 30 chip companies, plunged about 12%, its second-largest one-day fall on record. Nvidia, the comp...
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