South Korea’s new president Lee Jae-myung wasted no time addressing economic concerns, launching his first cabinet meeting with an urgent focus on reviving the economy and supporting struggling households.
Just a day after taking office, President Lee Jae-myung chaired his first cabinet meeting, emphasizing the need for swift action on economic recovery—a key promise from his campaign. Lee enters office amid political upheaval following former president Yoon Suk Yeol’s brief imposition of martial law, which triggered his impeachment and public outrage.
Lee criticized the state of the presidential office, and pledged immediate stimulus spending of at least 30 trillion won ($22 billion) to counter sluggish growth. With South Korea’s economic forecast nearly halved this year, Lee and his nominated prime minister, Kim Min-seok, warn of a crisis deeper than the 1997 Asian financial crash. Meanwhile, unresolved issues with U.S. tariffs remain a looming challenge.
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Romanian authorities said late on Thursday that two additional planes had received bomb threats including a KLM flight to Tel Aviv that had a layover in Bucharest.
U.S. Vice President JD Vance has blamed the war with Iran for the Republicans' defeat in the 2026 midterm elections, arguing that voters who supported President Donald Trump in 2024 turned to the Democrats because of foreign policy and economic concerns.
The war between Russia and Ukraine continued to claim civilian lives this week even as diplomatic activity intensified ahead of planned peace discussions in Abu Dhabi.
Elon Musk was not on the ballot in Tuesday’s U.S. midterm elections, but he emerged as one of the biggest losers after Democrats swept to victory, threatening his political influence and exposing his business empire to greater scrutiny.
Armenia’s national aspirations must be contained within its internationally recognised borders, Armenian Prime Minister Nikol Pashinyan said on Friday. He was delivering a speech defending his government’s ‘Real Armenia’ ideology at the Global Armenian Summit 2026 in Yerevan on Friday, 6 November.
EU regulators have accused TikTok of breaching the bloc’s online safety rules, warning that its addictive recommendation algorithm could harm users’ mental health, particularly children and teenagers.
Millions displaced by Sudan's civil war risk losing access to emergency shelter as funding shortages leave aid warehouses empty, the UN refugee agency (UNHCR) and the International Organization for Migration (IOM) warned on Friday.
A Kenyan court has sentenced cult leader Paul Mackenzie to 200 years in prison over the deaths of 190 children in one of the country's worst cult-related tragedies.
Abu Dhabi’s ADIPEC 2026 has closed after four days, with a record $67 billion in deals, 240,000 attendees and its largest exhibition yet, highlighting the global energy industry’s focus on security, investment and artificial intelligence.
A fresh wave of bomb threats targeted passenger flights across Europe on Friday, 6 November, marking the third such incident in a week and raising fears of a coordinated campaign of “hybrid aggression and a form of psychological warfare.”
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