fundamental problem of economics, satisfying unlimited wants with limited resources
Key FactsUkraine launches major drone attack on Russia despite Trump’s demand
12 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnn.com
Summary created with AI assistance · Source: cnn.com
- Russia’s Defense Ministry said 1,015 Ukrainian drones were shot down nationwide overnight into Sunday.
- Russian authorities identified the St. Petersburg Oil Terminal as a target; Fire Point subsequently reported a fire on its grounds.
- Local authorities said one person was killed, five were wounded, and residential homes were damaged.
- Kyiv and Moscow did not acknowledge Trump’s energy ceasefire; Ukraine resumed strikes, while Russia continued attacking Ukraine.
It was a message from the American government to limit the speed at which Ukrainian drones could fly.— Volodymyr Zelensky, in an NBC News Meet the Press interview
Oil facilities hit in deadly overnight attack on St Petersburg
bbc.co.uk/news/articles/c3eweygrjzd7o
Ukrainian attacks have set an oil export terminal ablaze in St. Petersburg. Show more
Key FactsUkraine attacks Russia with more than 1,000 drones
11 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: theglobeandmail.com
Summary created with AI assistance · Source: theglobeandmail.com
- Russia’s Defense Ministry said its forces destroyed 1,015 Ukrainian drones across 15 regions, annexed Crimea and the Black Sea.
- Zelensky said U.S.-Ukraine intelligence sharing had resumed after being interrupted for a period of time.
- In the week after Trump announced an energy ceasefire on October 11, Zelensky reported 76 Russian attacks on energy, oil and gas sectors.
- Lithuanian authorities reported a drone in the Pasvalys area; a moving car was damaged, and no injuries were reported.
We can’t compare me and Putin. He’s aggressor. He occupied us. He killed adults and children, his soldiers. He’s a terrorist. And that’s why I hope that President Trump will be very clear with this position.— Volodymyr Zelensky, Ukrainian President, remarks on NBC’s Meet the Press cited in The Globe and Mail article, condemning Putin and calling for a clear stance from Trump.
Trump defends Russia sanctions relief, blasts Zelensky on peace: ...
france24.com/en/europe/20261018-ukraine-zelensky-war-trump-peace-russia-sanctions
Rioters set historic town hall on fire - | Violence escalates: The town hall in Limoges becomes a symbol of the rampant violence in France ...
trib.al/f5PK9HQ
Importing Russian diesel is 'incentive' to end war: energy secretary: US Energy Secretary Chris Wright said Trump's decision to waive new sanctions on Russia ...
businessinsider.com/trump-russia-sanctions-diesel-imports-ukraine-war-2026-10
Rubio says Trump to 'analyze' global impact of Russia sanctions during pause: US Secretary of State Marco Rubio said Saturday that President Donald Trump’s ...
france24.com/en/americas/20261018-rubio-says-trump-russia-sanctions-waiver-designed-to-analyze-global-impact
Two Russian oil refineries were hit by Ukrainian drones, after Kyiv launched one of its largest aerial attacks of the war ... Show more
🔴 Ukrainian President Volodymyr Zelensky asked EU leaders to provide Kyiv with an extra €70 billion in funding next year.
Follow the liveblog for more 👉 ... Show more
go.france24.com
go.france24.com
Key FactsZelensky asks EU for another €70 billion for 2027
2 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: app.ekkow.com
Summary created with AI assistance · Source: app.ekkow.com
- Zelensky told EU leaders that at least €70 billion was needed for defence, weapons and resilience.
- The existing EU support loan totals €90 billion for 2026 and 2027, but Friedrich Merz considers it insufficient.
- Finance Minister Serhiy Marchenko said in September 2026 that $32.6 billion was missing for economic support and $45 billion for defence.
- There was still no consensus on the short-term use of around €210 billion in frozen Russian assets.
The war will cost €155 billion ($174.3 billion) next year, and we need at least €70 billion more from you for defence, for weapons, and for our resilience.— Volodymyr Zelensky, Ukrainian President, speaking to EU leaders at a summit in Brussels
To track missiles from Russia: U.S. resumes sharing intelligence data with Ukraine
n-tv.de/politik/USA-liefern-Ukraine-wieder-Geheimdienstdaten-id31431630.html
Ankara wants Moscow's fuel: Turkey seizes the opportunity presented by Trump's diesel deal with Russia
n-tv.de/politik/Tuerkei-greift-bei-Trumps-Diesel-Deal-mit-Russland-zu-id31431434.html
HSE moves to claw back €30m in undue payments to staff : Overpayments to health service workers amount to about €10m a year, figures show
irishtimes.com/health/2026/10/18/hse-moves-to-claw-back-30m-in-undue-payments-to-staff/
Iran urges US to accept proposal to reopen Strait of Hormuz: Iran's offer to the United States to reopen the Strait of Hormuz within seven days is still on the ...
reuters.com/world/middle-east/iran-urges-us-accept-proposal-reopen-strait-hormuz-2026-10-18/
Trump team defends Russia energy moves but offers contradictory reasons: Republicans have begun breaking with Trump over Russia policy.
axios.com/2026/10/18/trump-russia-diesel-deal-rubio-wright-sanctions
For all that the president has tried to take from Canada, his gibes and attacks have given it something in return: a sense of outrage that could make many of ... Show more
Donald Trump may save Canada
Donald Trump may save Canada
OpinionReferendum Proposition 40 in the USA: Big Beautiful Billions: Trump’s budget cuts are affecting California’s healthcare sector. A referendum aims to restore ...
taz.de/Volksentscheid-Proposition-40-in-den-USA/!6218208/
One of the biggest pressure points on Americans' wallets is the Iran war, which has kept oil prices high even as the U.S ... Show more
Drone Strike Hits Russia’s VKontakte Data Center, Knocking Services Offline as St. Petersburg Faces Blackouts
united24media.com/war-in-ukraine/drone-strike-hits-russias-vkontakte-data-center-knocking-services-offline-as-st-petersburg-faces-blackouts-23551
Key FactsUkrainian Drones Strike Infrastructure Across St. Petersburg
18 hours ago · Reading time: ~30 sec.
Summary created with AI assistance · Source: kyivpost.com
Summary created with AI assistance · Source: kyivpost.com
- Governor Alexander Beglov confirmed an overnight drone attack, while fires broke out across four city districts.
- Astra verified fires at the Petersburg Oil Terminal; drone debris also ignited the Ruchyi oil depot.
- A VK data center and an adjacent substation were damaged; Governor Drozdenko said about 20,000 people lost power.
- Astra reported a drone strike on a WHSD bridge; engineering teams assessed damage to cables and the roadway.
How should the West respond to China's wave of cheap goods?
A shock is coming for economies across Europe, one that will reshape their politics and ... Show more
Labor may hope tax cuts soothe angry voters. They’ll help, but won’t be enough: Tax cuts at budget time would have been inflationary and convinced voters Labor ...
smh.com.au/politics/federal/labor-may-hope-tax-cuts-soothe-angry-voters-they-ll-help-but-won-t-be-enough-20261019-p616gl.html
Nepo Senator Cornered on Trump Trashing Her Dead Brother’s Legacy: Sanctions on Russia signed into law by Donald Trump last month are now being sidestepped.
thedailybeast.com/nepo-senator-darline-graham-cornered-on-donald-trump-trashing-her-dead-brother-lindsey-grahams-legacy
The wealthy boomer problem is metastasizing—they got 38% richer over the last 3 years as Gen Z and millennials under 35 got wiped out
fortune.com/2026/10/17/wealthy-boomers-38-percent-richer-since-2022-federal-reserve/
Paid articlePaywall
The AI bubble is about to burst — and a big market correction is coming: On Jan. 1, 2000, the world got a reprieve from a much-hyped technological Armageddon ...
nypost.com/2026/10/17/business/the-ai-bubble-is-about-to-burst-much-like-the-infamous-dot-com-crash/
Cracks in Putin’s Nuclear Empire: Rosatom’s Nuclear Power Plants Are Caught in the “Sanctions Meat Grinder”
n-tv.de/wirtschaft/Die-Kernkraftwerke-von-Rosatom-stecken-im-Sanktions-Fleischwolf-id31421469.html
Power Base Under Pressure: These Economic Figures Are Making Trump Sweat Ahead of the Midterms
n-tv.de/wirtschaft/Diese-Wirtschaftsdaten-lassen-Trump-vor-den-Midterms-schwitzen-id31427232.html
Key FactsInflation Puts Trump Under Pressure Before US Midterms
19 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: n-tv.de
Summary created with AI assistance · Source: n-tv.de
- In the November 3 midterms, Republicans could lose one congressional chamber; Democrats could then block Trump’s legislative proposals.
- Consumer prices were 3.7 percent higher year-on-year in September; the US Federal Reserve targets 2 percent.
- The latest monthly consumer-price increase, seasonally adjusted at 0.6 percent, was attributed half to gasoline by the statistics agency.
- More than two-thirds disapprove of Trump’s handling of inflation; only about one-third approve of his economic policy.
My plan will halve energy prices within twelve months of taking office, or even lower.— Donald Trump, referring to his campaign promise to halve energy prices within a year of taking office.
ECI Restricts Electoral CCTV Access Citing 'Overwhelming Demand', But Admits Zero Records In RTI - The Wire
thewire.in/politics/eci-restricts-electoral-cctv-access-citing-overwhelming-demand-but-admits-zero-records-in-rti
What Trump’s Waiver of New Russia Sanctions Means for Ukraine: Experts say easing pressure on Moscow could bring limited relief to U.S. fuel buyers while ...
time.com/article/2026/10/17/what-trump-s-waiver-of-new-russia-sanctions-means-for-ukraine/
Rubio says Trump to take up to 60 days to weigh Russia sanctions: The waiver comes just weeks before November's midterm elections, with Trump under pressure ...
reuters.com/world/us/rubio-says-trump-take-up-60-days-weigh-russia-sanctions-2026-10-18/
Protests in France: “They didn’t listen” - | Vance sees migration policy as the reason for the riots
Key FactsJD Vance blames immigration for unrest in France
21 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: welt.de
Summary created with AI assistance · Source: welt.de
- Vance wrote on X that immigration from poorer countries was responsible, blaming left-wing politicians.
- On Saturday, hundreds of thousands participated largely peacefully, while severe riots nevertheless occurred on the margins.
- The French government described the rioters as violent far-left actors; migration initially appeared to play no major role.
- Vance linked a video purportedly showing a fire at the historic city hall in Limoges, central France.
I hope that France, a beautiful country with wonderful people, will stop this madness before more of its landmarks burn.— JD Vance, in a post on X about protests in France against rising living costs; he linked left-wing politicians and urged France to stop the madness before more of its landmarks burn.
Starshield outage, diesel deal with Russia, Iran escalation, chaos in his team: Trump's authority is crumbling before the midterms. 👉 More on this: Chaos in the White House: Trump is losing control before the midterms
Diesel Deal with Putin: Trump Stabs Zelenskyy in the Back to Distract from His Own War
n-tv.de/politik/Trump-faellt-Selenskyj-in-den-Ruecken-um-vom-eigenen-Krieg-abzulenken-id31430464.html
Ukrainian Officials Slam Trump's Waiver Of Russia Sanctions As Rubio Defends Move
rferl.org/a/ukraine-russia-waiver-trump-rubio/33878767.html
First sales increase in 20 years: Is the CD making a comeback?: For a long time, the CD was considered a dead medium. That seems to be changing ...
br.de/nachrichten/kultur/erstes-umsatzplus-seit-20-jahren-kommt-die-cd-zurueck,VYOUTzT
UNITED24 Media 10h
Russia Admits Its Air Defenses Cannot Shield Vast Industrial Empire From Ukrainian Drone Strikes
united24media.com/war-in-ukraine/russia-admits-its-air-defenses-cannot-shield-vast-industrial-empire-from-ukrainian-drone-strikes-23563
If you’re planning a trip overseas, you could be leaving money on the tarmac before your flight, but if you're not careful ... Show more
A large-scale fire broke out at a major Ozon distribution and fulfillment center in Saint Petersburg following an overnight drone attack on Sunday ... Show more
OpinionAgreement on Expropriations in Berlin: From Exploratory Talks to Socialism?: Beaming faces among Berlin's Left Party, Greens, and SPD. The three parties will ...
taz.de/Einigung-auf-Enteignungen-in-Berlin/!6222301/
Key FactsBerlin: Linke, Greens and SPD plan coalition talks
1 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: taz.de
Summary created with AI assistance · Source: taz.de
- A socialization law is to be presented in mid-2028 and implemented a year later, possibly after review by Germany’s Federal Constitutional Court.
- The threshold for transferring private housing stocks would be 10,000 apartments; about 160,000 apartments would be affected.
- Compensation is to be capped at 16 billion euros, while apartments newly built from 2021 onward would be exempt.
- The start remains subject to party approval; Greens and SPD decide Monday, while Linke decides on October 31 about the exploratory result.
Merz should get his own government and his party under control. That would help the country more.— Steffen Krach (SPD), commenting on CDU Chancellor Friedrich Merz's warning about a possible left-wing coalition.
Tesla Roadster: Flying sports car in production from 2028 - | for whom and where available
augsburger-allgemeine.de/wirtschaft/tesla-roadster-fliegender-sportwagen-ab-2028-in-produktion-fuer-wen-und-wo-verfuegbar-115518779
Key FactsMacron vows prosecutions after protest violence
1 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: euronews.com
Summary created with AI assistance · Source: euronews.com
- Police and protesters clashed violently in Paris and other French cities; the CGT estimated 800,000 participants.
- Macron said attacks on prefectures, businesses and town halls would be prosecuted and punished, while supporting police.
- Lecornu accused far-left groups of organising violence in several cities; he said delinquents joined the looting.
- In Lyon, Marseille, Lille, Bordeaux and Limoges, public buildings were attacked; dozens of shops were looted in five cities.
No room for violence in our Republic. Those who have broken, attacked the prefectures as well as businesses, looted even our town halls, will be prosecuted and punished.— Emmanuel Macron, in a post on X on Saturday
Gen Z socialism: State subsidies are fueling inflation: Despite enormous debt, politicians want to subsidize more and more goods. What appears to be socially ...
nzz.ch/nzz-am-sonntag/report-und-debatte/sozialer-wohnungsbau-und-gratis-bus-fahren-der-gen-z-sozialismus-fuehrt-zu-noch-mehr-inflation-anstatt-die-menschen-zu-entlasten-ld.10032833
Vice President JD Vance told Tony Dokoupil that the U.S. has “won decisively” in Iran by destroying the country’s nuclear program ... Show more
Blaze at St Petersburg oil sites as Kyiv launches more than 1,000 drones at Russia
ctvnews.ca/world/russia-ukraine-war/article/blaze-at-st-petersburg-oil-sites-as-kyiv-launches-more-than-1000-drones-at-russia/
Trump Envoys Push Russian Gas Transit in Ukraine Peace Talks: US envoys Steve Witkoff and Jared Kushner have urged resuming Russian gas transit via Ukraine in ...
kyivpost.com/post/87418
President Donald Trump’s decision to waive Russian sanctions outrages Congress, but no quick counter seen
chicagotribune.com/2026/10/17/trumps-decision-waive-russian-sanctions-outrages-congress/
Trump's decision to waive Russian sanctions outrages Congress: Trump recently announced a diesel deal with Putin to import Russian energy in a long-shot effort ...
1news.co.nz/2026/10/18/trumps-decision-to-waive-russian-sanctions-outrages-congress/
Pakistan has suspended trade with Iran through the official Gabd-Rimdan (250) and Taftan border crossings, it emerged on Saturday ... Show more
SERAP sues INEC over failure to account for ‘₦126bn electoral funds’: The funds were meant to buy ballot boxes, electoral devices and materials ...
premiumtimesng.com/news/top-news/917953-serap-sues-inec-over-failure-to-account-for-₦126bn-electoral-funds.html
Huge explosion: Oil tanker reportedly struck a sea mine: According to the Iranian Revolutionary Guard, an explosion and fire occurred on board an oil tanker in ...
trib.al/njuaHd1
Ontario to import U.S. electricity this winter, months after Ford threatened to cut power exports
cbc.ca/news/canada/toronto/ontario-electricty-contract-ieso-doug-ford-trade-war-9.7385325
“Completely irresponsible”: Party colleagues lambast Trump’s Russia policy: Just days after the controversial diesel deal with Moscow, Trump puts the planned ...
n-tv.de/politik/Parteikollegen-geisseln-Trumps-Russland-Kurs-id31430076.html
Trump's Russia waiver draws instant bipartisan backlash: Trump issued the waiver late Friday night, blocking sanctions Congress just approved last month.
axios.com/2026/10/17/trump-russia-waiver-putin-republicans-democrats
Fear in management: BMW, Mercedes, and Siemens cut executive positions: Whether it's BMW, Mercedes, or Siemens: In the good old days, there was a veritable ...
faz.net/aktuell/wirtschaft/unternehmen/angst-im-management-bmw-mercedes-und-siemens-streichen-fuehrungsstellen-201528621.html
Cost of public sector pay deal set to reach €1.6bn as path to formal talks is laid down
independent.ie/irish-news/politics/cost-of-public-sector-pay-deal-set-to-reach-1.6bn-as-path-to-formal-talks-is-laid-down/a/162947734.html
Iranians are collecting goods from sunken ships in the Strait of Hormuz as attacks on cargo vessels continue.
Shipping traffic remains roughly 70 percent ... Show more
Replit is no longer working with Anthropic, CEO says: Over the weekend, Masad clarified that OpenAI would replace Anthropic as its default model provider ...
techcrunch.com/2026/10/17/replit-is-no-longer-working-with-anthropic-ceo-says/
Key FactsReplit CEO Says Anthropic Partnership Has Ended
1 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: techcrunch.com
Summary created with AI assistance · Source: techcrunch.com
- Masad cited cost, partnership, and performance for the shift, but an insider disputes that the collaboration has ended.
- OpenAI’s ChatGPT is now the default model, while customers can still choose Anthropic’s Claude and other supported models.
- Replit’s website, blog, and social posts promoted Anthropic models until a few weeks ago, including Claude Fable 5 and 5.1.
- Enterprise contracts accounted for 2% of revenue last year and 15% this year, while B2B represented more than 50%.
OpenAI is now our preferred partner for powering Replit Agent, based on performance, economics, and the strength of our partnership.— Amjad Masad, Replit CEO, onstage at TechCrunch Disrupt
Millions of barrels of crude oil on board: Tehran: Supertanker hits a sea mine in the Strait of Hormuz
n-tv.de/politik/Teheran-Supertanker-faehrt-auf-Seemine-in-Strasse-von-Hormus-id31428566.html
Flights: Eurowings cancels flights due to high kerosene prices: Lufthansa subsidiary Eurowings has canceled its first flights due to increased fuel prices ...
zeit.de/wirtschaft/2026-10/eurowings-kurzarbeit-kerosinkosten-fluege-lufthansa
