Daily Brief: 5 election stories shaking up world politics
Here's your AnewZ Daily Brief for 28 October 2026, exploring five election stories shaping world politics, from leadership struggles in Israel ...
The cost of the U.S. war in Iran has climbed above $47 billion, according to Pentagon data obtained by Reuters, as spending on munitions, equipment losses and military operations continues to rise.
More than $29 billion of the Pentagon’s latest estimate is tied to replacing munitions used during the conflict, while more than $6 billion would be needed to cover equipment and platform losses, including aircraft and drones.
The Pentagon has not publicly released the estimate and did not immediately respond to a request for comment.
The latest estimate is higher than Defense Secretary Pete Hegseth’s July figure of $37.5 billion.
The calculations include operational expenses ranging from flight missions to cyber support, but they do not appear to fully account for the expected cost of repairing U.S. bases damaged by Iranian missile and drone attacks.
The rising financial burden comes as Republicans face political pressure ahead of the 3 November election, which will determine control of Congress for the next two years.
The conflict has also affected global energy prices, weighing on support for Republican candidates and on President Donald Trump’s approval ratings. Republicans currently hold narrow majorities in both chambers of Congress.
Trump launched the war against Iran jointly with Israel in February and initially predicted that the fighting would be brief.
The early U.S. strategy relied on costly precision-guided missiles to weaken Iranian defences before shifting to cheaper weapons, including air-launched JDAM gravity bombs.
An April ceasefire, however, gave Iran time to reopen underground storage sites and restore access to some defensive systems, missiles and drones that had previously been unavailable.
Trump later imposed a naval blockade aimed at cutting Iran’s oil export revenues and has left open the possibility of renewed combat operations after the midterm elections.
U.S. officials, speaking on condition of anonymity, have said the Pentagon is preparing for the possibility of a return to large-scale fighting if ordered to do so.
Russia and Ukraine have begun a regional ceasefire to allow the start of a humanitarian effort in the Russian-occupied town of Oleshky, both sides said on Tuesday, but they continue strikes elsewhere, including the Ukrainian capital of Kyiv.
Israel's election appeared headed for a prolonged political standoff on Tuesday after exit polls suggested neither Prime Minister Benjamin Netanyahu nor his main challenger, former military chief Gadi Eisenkot, had secured a clear path to a parliamentary majority.
Serbia's Aleksandar Vučić has conceded defeat after a student-led protest movement took the majority of seats in Sunday's parliamentary elections.
Russian strikes hit several parts of Ukraine overnight, injuring at least six people and targeting energy and port infrastructure, as President Volodymyr Zelenskyy said U.S. warnings about imminent Russian ballistic missile attacks had resumed.
Nearly two years after the 20 October 2024 parliamentary elections, Iraq’s Kurdistan Region remains without a cabinet. The Kurdistan Democratic Party (KDP) won 39 of 100 seats and the Patriotic Union of Kurdistan (PUK) 23, leaving neither able to govern alone.
Here's your AnewZ Daily Brief for 28 October 2026, exploring five election stories shaping world politics, from leadership struggles in Israel and mounting economic pressures to election security concerns in the U.S. and political fallout in Brazil.
A week before the U.S. midterm elections, the Federal Election Commission’s (FEC) electronic filing system was targeted by hackers, according to an email seen by Reuters, as “super PAC” committees and dark money groups are spending record sums in the final days of campaigning.
Israel's election appeared headed for a prolonged political standoff on Tuesday after exit polls suggested neither Prime Minister Benjamin Netanyahu nor his main challenger, former military chief Gadi Eisenkot, had secured a clear path to a parliamentary majority.
Israel’s election has produced no clear winner, leaving Prime Minister Benjamin Netanyahu and his main rival Gadi Eisenkot competing to form the next government as vote counting continues and neither bloc appears to have secured a parliamentary majority.
Brazilian Senator Flavio Bolsonaro has left Brazil for the United States days after losing the presidential election to incumbent President Luiz Inácio Lula da Silva, according to multiple sources familiar with the matter.
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