INFLATION EFFECTS UKRAINE WAR
‘America’s Nostradamus’ warns of Iran nuclear threat, MBS prophecy, 27-year war, US collapse by 2028 and more chilling predictions
John Hogue, dubbed “America’s Nostradamus,” predicts a possible nuclear conflict involving Iran, a 27-year global war and the collapse of US economic power by 2028. Here’s what he claims about Nostradamus’ Mabus prophecy and rising global tensions.
The war bump is a false victory for S&P 500 profits
The commentary argues that strong S&P 500 earnings growth is narrowly concentrated in AI-linked companies and sectors benefiting from the Iran war, including energy, defence and materials. It warns that higher fuel prices, inflation and borrowing costs could weaken consumer demand, while heavy dependence on the AI boom leaves the market vulnerable if investment returns disappoint.
ECB Meeting: Five key questions on rates, inflation and Lagarde's exit
The European Central Bank is widely expected to hold interest rates at 2.5% amid elevated energy prices, eurozone inflation and France’s financial instability. With inflation reaching 3.8% in September, markets anticipate further rate hikes. Policymakers will assess economic risks, bond market pressures and leadership changes before signalling future monetary policy decisions.
FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday Kotak
Uday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned that repayments including interest could reach $160-170 billion over the next three to five years. He said the buffer gives India time to strengthen its economy, but should not substitute for structural reforms, investment in technology and efforts to improve domestic competitiveness.
Zelenskiy says US warnings on ballistic strikes have fully resumed
Ukrainian President Volodymyr Zelenskiy stated that US warnings regarding Russian missile strikes have been restored. He also noted that SpaceX's Starshield internet is functioning at high speeds after previous throttling. Zelenskiy mentioned his discussions with US special envoy Steve Witkoff in Oslo, leading to these developments. As negotiations continue in November, Ukraine remains firm about its military and neutrality stance.
Musk says he was behind Starlink speed restriction after service in Ukraine restored
Ukraine's Starlink services were restored after speed restrictions affected military operations for over a week. President Volodymyr Zelenskyy confirmed that the restored speeds were sufficient for front-line logistics. Elon Musk admitted to throttling Starlink for offensive use, sparking tensions between Ukraine and the US. Meanwhile, missile attacks continue to impact civilians in Ukraine, with reported casualties in several regions. Ukrainian forces also targeted military sites across Russia, indicating ongoing conflict.
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Four ways US foreign policy could change if Democrats win in November
Nonpartisan analysts predict that Democrats could gain control of the US House and possibly the Senate. If successful, they could restrict President Trump's foreign policy actions regarding Iran and Ukraine and other nations. Democrats may seek to limit significant military aid to Israel and raise issues surrounding military spending. Many Democratic lawmakers are unhappy with Trump's budget choices and foreign aid cuts.
Trump says US could strike Iran 'maybe tomorrow'; doesn't rule out 'big beautiful' deal
US President Donald Trump has suggested a possible military attack on Iran could happen soon, even as he left open the prospect of a negotiated agreement. His remarks came as Iran reportedly rejected claims of a proposal to reopen the Strait of Hormuz in exchange for lifting the US naval blockade.
Ukraine and Russia eye new peace talks and Melania Trump's mission, but major obstacles remain
Russia and Ukraine have signalled willingness to resume US-brokered peace talks, potentially in Abu Dhabi in mid-November, as territorial disputes and security guarantees continue to block progress. A local ceasefire has also been agreed to allow humanitarian aid into a stranded town in Ukraine’s Kherson region. However, fresh Russian missile and drone attacks underline the challenges facing US President Donald Trump’s efforts to end the war.
Melania Trump brokers Russia-Ukraine ceasefire in war-hit Oleshky, White House says
US First lady Melania Trump has facilitated a ceasefire between Russia and Ukraine to aid civilians. The ceasefire is scheduled to start on October 29 in Oleshky. This agreement allows for humanitarian assistance and the evacuation of trapped residents. The city has faced severe shortages of food and medical supplies, contributing to a critical humanitarian crisis. Observers await further comments from both Russian and Ukrainian governments regarding the ceasefire terms.
Ukraine joins NATO's NSPA partnership, gains access to Alliance contracts for defence industry
Ukraine officially joined the NATO Support and Procurement Agency's Security Cooperation Support Partnership to strengthen defense collaboration. This partnership allows Ukrainian defense companies to access NATO contracts and resources for their operations. A recent Industry Day in Kyiv gathered around 150 Ukrainian companies to discuss procurement trends and opportunities. Ukrainian Deputy Defence Minister highlighted the unique access this partnership grants to the NSPA's services.
Fitch maintains Ukraine at 'CCC', expects war to extend into 2027
Fitch Ratings has kept Ukraine's long-term foreign-currency rating at 'CCC', indicating significant credit risk amid the ongoing war. The agency predicts that the conflict with Russia may extend into 2027, affecting the country's economy. Ukraine will continue to depend on foreign financial aid to address budget deficits while facing rising fiscal challenges. Growth is projected to resume in 2027 after a slight economic contraction in 2026 due to war-induced pressures.
First tanker of Russian diesel sets sail for the US in Trump's controversial deal with Putin
A tanker transporting Russian diesel to the United States has departed, signaling a new import agreement. This deal has raised concerns in Ukraine due to Russia's ongoing invasion. U.S. political figures criticized the agreement as it contravenes existing American laws and may benefit Moscow. Ukrainian President Volodymyr Zelenskyy expressed disappointment over the decision and its potential impacts.
Ukrainian negotiator says local humanitarian ceasefire with Russia will start on Tuesday
A ceasefire in the Kherson region of Ukraine will commence to enable humanitarian efforts in Oleshky. Melania Trump has played a crucial role in organizing aid delivery and civilian evacuations. The agreement was reached between Ukrainian, Russian and US negotiators ahead of the mission. Civilians in Oleshky are facing dire conditions with limited food and medical supplies. Safety measures for the mission will include mine clearance and secure evacuation routes.
Zelenskiy says Ukrainian, Russian and US negotiators to meet in early November in Abu Dhabi
Ukrainian President Volodymyr Zelenskiy has indicated that peace negotiators from Ukraine, Russia, and the US will meet soon. The scheduled discussions will occur in Abu Dhabi during the first half of November. Zelenskiy emphasised the need for strong security guarantees and long-term funding for Ukraine's military efforts. He also expressed the importance of engaging European countries in the peace talks.
India, Poland push for stronger trade and defence ties
India and Poland are strengthening their collaboration in various sectors, particularly defence and space. Prime Minister Narendra Modi and Polish counterpart Donald Tusk discussed trade enhancement and global governance reforms. Both leaders expressed concern over the ongoing war in Ukraine and its humanitarian impact. They emphasized the importance of a comprehensive peace in line with international law. Tusk reiterated Poland's support for India's position in global forums like the UN.
Putin agrees to resume trilateral talks on Ukraine war with Kyiv and Washington, Kremlin says
Vladimir Putin has agreed to resume negotiations with Washington and Kyiv regarding the conflict in Ukraine. The trilateral talks will focus on establishing a post-war security system for both countries. Ukrainian President Volodymyr Zelenskyy insists on a leaders' summit to address ongoing hostilities. Recent discussions have yielded minimal progress amid continued military confrontations in Ukraine. U.S. envoy Steve Witkoff noted a slight momentum in peace efforts following multiple high-level meetings.
Russian missiles pound Kyiv as Moscow says over 800 Ukrainian drones downed
Russia conducted a bombardment of Kyiv with ballistic missiles, resulting in casualties and substantial damage. Ukrainian officials reported fatalities and injuries due to targeted strikes on civilian areas, including markets and infrastructure. Following this escalation, President Volodymyr Zelenskyy criticized the lack of change in Moscow's approach toward peace negotiations. Peace talks with the U.S. and Ukraine were briefly discussed but yielded no significant progress.
'First time in long time, we're maybe close to deal': Trump on Ukraine conflict
Speaking to reporters before departing the White House for South Carolina, Trump highlighted the delicate state of peace discussions, arguing that imposing additional economic penalties could derail diplomatic momentum.
Trump envoy Witkoff meets Putin in St. Petersburg for Ukraine war talks
Steve Witkoff held talks with Vladimir Putin in St. Petersburg to discuss peace efforts regarding Ukraine. These meetings follow Witkoff's recent discussions with Ukrainian President Volodymyr Zelenskyy in Oslo. Zelenskyy emphasized the need to freeze the conflict to achieve an end to the war. Trump expressed increasing pressure on Zelenskyy to negotiate a deal with Russia. Ongoing Russian attacks in Ukraine continue to result in casualties and damage to infrastructure.
'Zelenskyy has to want to settle this war,' says Trump; highlights Russian territorial gains in conflict
Donald Trump urged Ukrainian President Volodymyr Zelenskyy to pursue peace negotiations with Russia, warning of dire consequences. He criticized the lack of return on American financial support for Ukraine amid ongoing economic struggles. Trump indicated that Russia is interested in negotiating while making territorial gains. He proposed a potential trilateral meeting with Russian President Vladimir Putin and Chinese President Xi Jinping.
Zelenskyy says Ukraine got no early warning from partners as Russia hits the power grid again
Zelenskyy is grappling with recent Washington moves benefiting Russian President Vladimir Putin, including waiving U.S. sanctions on Moscow and signing a deal to import diesel from Moscow.
Putin, Xi and Trump could meet at China summit, Kremlin says
The Russian, Chinese and US presidents, Vladimir Putin, Xi Jinping and Donald Trump, could potentially meet at an upcoming Asia-Pacific summit in China, the Kremlin said on Monday. The Asia-Pacific Economic Cooperation (APEC) group is to hold a summit in the Chinese city of Shenzhen between November 18-19.
Trump's decision to waive Russian sanctions outrages Congress, but no quick counter seen
US President Donald Trump waived sanctions on Russia, which Congress had overwhelmingly approved for supporting Ukraine. Lawmakers expressed anger after the decision, criticizing Trump's approach towards Russia's President Vladimir Putin. As Ukraine faces severe winter conditions due to ongoing attacks, Congress remains out of session until after the elections. A bipartisan group of senators has urged faster action against Russia's oil trade.
Trump claims 'great progress' in Russia-Ukraine negotiations; accuses Zelenskyy of not making better deal 2 years ago
US President Donald Trump asserts that negotiations for peace between Russia and Ukraine are progressing well. He criticizes Ukrainian President Volodymyr Zelenskyy for not securing a better deal two years ago. Trump suggests that current Ukrainian attacks are damaging global diesel markets and benefiting Russia. Additionally, Zelenskyy reacts to US sanctions relief, expressing concern about increased Russian aggression.
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