World news, briefly.
Updated daily at 7 AM UK time
European Central Bank President Christine Lagarde said she will leave her post on February 7, 2027, before her term ends. The announcement came as the ECB kept interest rates at 2.5% while eurozone inflation remained above its 2% target.
lemonde.fr (English) ↗＋ SaveThe eurozone economy grew 0.2% in the third quarter, exceeding economists’ expectations despite the energy shock. Higher oil prices could create second-round inflation effects and increase pressure on the European Central Bank to raise rates in December.
apnews.com (English) ↗＋ SaveIranian officials said four tankers caught fire after striking mines in the Strait of Hormuz. The report also described a new diplomatic effort by Qatari mediators to help end the war involving Iran, the United States and Israel.
apnews.com (English) ↗＋ SaveBinance said hackers stole more than $6 billion in what appears to be the largest cryptocurrency heist on record. Blockchain intelligence firm TRM attributed the attack to TraderTraitor, which it described as North Korea’s elite hacking unit.
apnews.com (English) ↗＋ SaveA federal judge barred the Justice Department from threatening or coercing election workers to stop processing ballots. The order also prohibits the department from demanding that officials segregate or not count ballots the federal government considers potentially ineligible.
theguardian.com (English) ↗＋ SavePremiums for Obamacare policies will rise by an average of 13% next year for millions of Americans, according to The New York Times. The increase follows an earlier steep rise and adds to challenges facing the program.
nytimes.com (English · subscription) ↗＋ SaveMax Verstappen and Liam Lawson were given grid penalties after colliding during Friday practice at the Mexico City Grand Prix. Verstappen criticized Lawson’s behavior after the incident.
bbc.co.uk (English) ↗＋ SavePolice in Scotland opened an investigation into the time former Prince Andrew spent with Jeffrey Epstein and Ghislaine Maxwell at the King’s Balmoral estate, authorities said Friday.
apnews.com (English) ↗＋ SaveHome Secretary Mahmood is expected to announce changes to rules around indefinite leave to remain. The government’s plans for new rules affecting migrant workers already in the UK have faced opposition from within the government.
bbc.co.uk (English) ↗＋ Save