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10/17
20:18
Iranian Commerce Executive Warns Exports to Pakistan Will Stop if US Banking Sanctions Continue; Shipments Already Halted
Payman Sanandaji, head of the Transportation Commission of the Tehran Chamber of Commerce, stated that Iran's exports to Pakistan have been temporarily halted due to US banking sanctions, making banking processes difficult. While imports from Pakistan to Iran continue, their feasibility depends on Pakistan's cooperation. Sanandaji warned that if these restrictions persist, Iran's exports to Pakistan will effectively cease.
20:01
Iran's Foreign Minister Araghchi says Iran is ready to help halt Saudi-Yemen conflict, blames US/Israeli aggression for Strait of Hormuz insecurity
Iran's Foreign Minister Abbas Araghchi stated that Iran is ready to provide any assistance to halt the conflict between Saudi Arabia and Yemen, emphasizing there is no military solution to the Yemeni issue after 12 years of tension. He also attributed insecurity in the Strait of Hormuz to US and Israeli aggression, noting attacks began on February 28 and have continued. Araghchi further called for collective action by Islamic countries to end Israel’s occupation and what he termed genocide against Palestinians.
20:01
BIS Paper Finds Banks Could Slow Stablecoin Growth by Raising Deposit Rates, Cutting 10-Week Growth From 15% to 12% With 1 Basis Point Rise
19:18
Stellantis plans to hire hundreds of additional engineers in Europe and the United States this year to support its transformation plan to launch dozens of new models.
19:17
Cardano founder Charles Hoskinson says network will be "complete" after Leios upgrade, targeting 1,000 TPS
Cardano founder Charles Hoskinson stated that the Leios upgrade, which aims to massively increase transaction throughput to 1,000 transactions per second (TPS) and is currently in its Fire phase on the Musashi Dojo testnet, is the final major milestone for his long-term vision of a "decentralized, infinitely scalable, and secure" Cardano.
19:05
Strive offers 15% annual Bitcoin dividend via new SATS preferred stock, priced at $90 with 16.7% implied yield
On Oct. 15, Strive priced seven million shares of its new SATS preferred stock at $90 apiece, despite each share carrying a $100 stated amount and a $15 annual dividend. This puts the implied cash yield at 16.7% for buyers. The offering is expected to raise $630 million before expenses, with settlement scheduled for Oct. 20. Strive plans to use the proceeds to acquire Bitcoin, support its business, buy income-generating assets, or repurchase other shares.
19:01
Israeli drone strike on a car in Rafah, Gaza, kills at least one Palestinian.
An Israeli drone strike on a car in Rafah, a city in the southern Gaza Strip, killed at least one Palestinian and injured another, Al Jazeera reported. Since this morning, four other Palestinians have been killed in Israeli drone strikes in the Gaza Strip.
18:47
Oil Trader Yaoyao Liu, Who Made Billions for Vitol, Is Leaving the Firm
Yaoyao Liu, known for generating billions of dollars for Vitol Group through oil derivatives trading, is departing the commodities trading giant. Liu, 39, reportedly stepped back from daily trading around mid-year, with his team's book experiencing significant losses in the past two consecutive years. However, some sources indicate he had been planning his retirement since 2025.
18:38
Iran War Drives Up Energy Costs, Philippines Solar Industry Booms
The Philippine solar industry is booming as the war in Iran drives up energy costs, prompting local residents and businesses to invest in rooftop solar panels. Reportedly, rooftop solar installations in the Philippines have almost doubled since early 2025, with solar panel imports reaching $407 million between March and May of this year.
18:33
Houthis seize key districts in Yemen's Taiz, gaining strategic mountain position overlooking the city
Houthi forces have captured key districts leading to a strategic mountain overlooking Yemen's Taiz, which would give them a strategic military advantage. The UN warned that the humanitarian situation in the city is deteriorating, with severe shortages of food, medical supplies, and cooking gas, while fuel prices are rising. The Houthis have reportedly called on government forces to surrender, as Taiz is considered a major stronghold for the government.
18:16
Al Jazeera: Israeli drone strike on the city of Deir al-Balah in the central Gaza Strip kills at least one Palestinian and injures another.
An Israeli drone strike on the city of Deir al-Balah in the central Gaza Strip killed at least one Palestinian and injured another, Al Jazeera reported. Three other Palestinians have died in Israeli drone strikes in the Gaza Strip since this morning.
18:07
Al Jazeera: Israel's withholding of funds from the Palestinian Authority has pushed the healthcare system in the West Bank to the brink of collapse.
The healthcare system in the West Bank is rapidly deteriorating due to Israel's blocking of funds to the Palestinian Authority (PA), Al Jazeera reported. Israeli Finance Minister Bezalel Smotrich spearheaded the withholding of tax revenues, plunging the PA into financial distress, making it unable to pay healthcare workers full salaries and purchase essential medicines. Hospitals face funding shortages, medical staff receive only half their salaries, and many cancer patients are seeing their conditions worsen due to missed critical treatments or lack of medication.
18:07
IMF chief Georgieva urges support for poorer nations struggling with high inflation and war spillovers, noting they spend 8-14% of revenue on debt repayments.
IMF Managing Director Kristalina Georgieva urged support for low-income countries, stating they now spend 8 to 14 percent of their revenue on debt repayments, up from previous years. Speaking as the IMF’s annual meetings in Bangkok concluded on Saturday, Georgieva highlighted that these nations face high inflation, price shocks from war spillovers, and higher borrowing costs, while missing out on the AI investment boom.
18:05
Lebanon's National News Agency: Israeli forces shelled the Ain al-Samahiyeh area in southern Lebanon.
According to Lebanon's National News Agency, the Ain al-Samahiyeh area in Lebanon's southern Nabatieh province, located between the towns of Zawtar al-Sharqiyah and Mayfadoun, continues to be subjected to Israeli artillery shelling.
17:50
IMF Warns Bank of Japan May Need to Accelerate Rate Hikes If Inflation Exceeds Expectations
The International Monetary Fund (IMF) has uncharacteristically endorsed Japan's monetary policy normalization, with Krishna Srinivasan, Director of the Asia and Pacific Department, stating during the IMF Annual Meetings in Bangkok this week that the Bank of Japan (BOJ) "is doing the right thing" and warning that if inflation rises faster than expected, "they must tighten faster." This statement comes as global bond markets are under pressure, with the French 10-year government bond yield briefly approaching 5% (a new high since 2002) and the US 10-year government bond yield climbing to a multi-decade high of 5.28%. Analysts believe that Japan's policy normalization and the resulting repatriation of Japanese capital could be one of the structural forces behind the global bond market turmoil. Data shows that as of July this year, Japanese investors' holdings of French government bonds decreased by 2.5% compared to the end of last year, and funds under Sumitomo Mitsui DS Asset Management have liquidated their French bond holdings.
17:48
Iran's Assembly of Experts warns against "underestimating enemy threats."
The Assembly of Experts in Iran warned in a statement that "it is the duty of all of us not to underestimate threats from the enemy," and called for "not denying existing problems, not undermining hope, not neglecting to correct shortcomings, and not being content with the status quo." The assembly stated that efforts must be made to make governance more efficient, fair, accountable, and people-centered, and called for "national cohesion."
17:44
Anthropic Co-founder Jack Clark: AI Could Push U.S. GDP to $44 Trillion by 2030
Anthropic co-founder Jack Clark stated that an internal model projects AI could boost U.S. GDP from $30 trillion to $44 trillion by 2030. Clark attributes this to accelerating AI capabilities and scientific breakthroughs, but emphasizes the need for stronger global AI regulation, noting the forecast remains highly speculative.
17:35
Iran-backed Houthis strike Yemen's Aden presidential palace and airport, killing 5 and wounding 16
The Iran-backed Houthis fired missiles at the presidential palace in Yemen's interim capital Aden on Thursday, killing five people and wounding 16. On Friday, two missiles landed on the grounds of Aden International Airport as a passenger plane prepared for takeoff, though no casualties were reported. The attacks come as Yemen's war has reignited, becoming another front in the wider regional conflict involving Iran, and follow the Houthis' seizure of the strategic Bab al-Mandeb strait. The UN Security Council and International Civil Aviation Organization have condemned escalating Houthi attacks on Saudi Arabia and civilian aviation.
17:20
Al Jazeera: Israeli drone strike in northeast Gaza City kills at least 2 Palestinians
At least two people were killed and several others injured after an Israeli drone struck the Tuffah neighborhood in northeastern Gaza City, Al Jazeera reported, citing local sources and the Al-Shifa Medical Complex. Witnesses said the victims were returning from the burial of a person previously killed in a drone strike.
17:19
Saudi Finance Minister Mohammed Al-Jadaan stated that the ongoing crisis in the Middle East highlights the divergence between vulnerable economies and those more resilient to turmoil, with Gulf nations being better prepared for shocks.
17:13
Iranian President Pezeshkian: Iran has achieved advancements in advanced technologies, including missile manufacturing, and is seeking technological progress to reach a position where "no enemy dares to attack."
16:58
US Secretary of State Rubio Arrives in Uzbekistan for C5+1 Summit, Signaling New "Transactional" Approach to Central Asia
US Secretary of State Marco Rubio arrived in Samarkand, Uzbekistan, on Saturday for talks with regional ministers and the C5+1 summit, which runs through Tuesday. This marks Washington's new approach to Central Asia, characterized as pragmatic and purely transactional, moving away from emphasizing democratization and human rights.
16:46
Taiwan's high-protein bento market grows as convenience stores and specialty shops expand offerings amid rising obesity rates
16:19
Yemeni government forces claim to have repelled an eight-hour Houthi attack in Taiz province.
Yemeni government forces have repelled an eight-hour Houthi attack in the southeastern Taiz province, Al Jazeera reported. Areas around the city of Taiz are frequently subjected to Houthi missile attacks.
16:08
Ether ETFs See $320 Million Outflows, Exceeding Bitcoin's Weekly Withdrawals
Crypto ETF groups tracked by Farside recorded total outflows of $610.7 million between October 12 and 16. During this period, Ether ETFs alone lost $320 million, surpassing Bitcoin's weekly withdrawals, which saw a 66% slowdown compared to the previous week.
15:47
Analyst: Saudi Arabia needs ‘boots on the ground’ rather than more air power to counter Houthi attacks
Rob Geist Pinfold, a lecturer in international security at King’s College London, told Al Jazeera that Houthi missile attacks are likely to continue despite the Saudi-led coalition air campaign. He added that Saudi Arabia needed “boots on the ground” rather than additional air power, pointing to the limits of air campaigns, and noted that many missiles are striking critical infrastructure in Riyadh.
15:37
DTCC Outlines Rollout of 25 Security Tokens on Canton and Besu
The Depository Trust & Clearing Corporation (DTCC) announced plans to launch 25 security tokens on the Canton and Besu blockchain platforms. These tokens will be backed 1:1 by securities held at DTC. The initiative is expected to integrate Stellar and Circle’s Arc in 2027.
15:33
Iran's acting defense minister criticized Donald Trump's "mother of all bombs" remarks, stating that the American bomb would explode in the U.S.'s global standing and economy.
Iran's acting Minister of Defense, Majid Ibn al-Reza, criticized US President Donald Trump's remarks about the possible use of the "Mother of All Bombs" (MOAB) to strike Iranian energy and nuclear facilities, stating that "the name and size of the bomb do not matter." Al-Reza warned that American bombs would explode in its global standing, the US economy, and even its electoral calculations. He added that it was Iran's missile power that changed the situation.
15:27
Al Jazeera: Israeli raids and arrests in southern Syria lead to brutal prison conditions and ongoing artillery fire
The report details survivors' accounts of beatings, restraints, and psychological abuse in Israeli prisons, with at least 51 Syrians still detained. Since early August, Israeli forces have also fired shells into agricultural fields almost daily, disrupting farming and terrifying residents. Additionally, UN peacekeeping forces have reported that their patrol activities are being restricted by Israeli military roadblocks and checkpoints.
15:25
CryptoSlate analysis: Bitcoin's inflation hedge has hidden costs, exacerbated by leverage
A CryptoSlate analysis highlights that borrowing costs, missed interest income，and futures fees can erode Bitcoin returns even when its price remains stable. This issue is compounded by high inflation, which keeps interest rates elevated, increasing the expense of financing Bitcoin purchases. The September US inflation report showed consumer prices up 3.7% year-over-year, underscoring concerns about the dollar's purchasing power. The analysis notes that leveraged positions require significant Bitcoin price gains just to cover interest payments, and futures contracts can obscure these embedded financing costs. Bitcoin's scarcity argument does not automatically imply its price will rise with CPI.

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