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Happy Diwali to all who celebrate. Wishing you a joyful and meaningful Festival of Lights.
Mideast Latest: Israel Attacks Hamas Posts, Suspends Aid as Ceasefire Frays (Bloomberg)
Israel launched strikes against Hamas in Gaza and reportedly suspended all aid shipments Sunday after blaming Hamas for a lethal Palestinian ambush that killed two soldiers.
The Israel Defense Forces said
it struck dozens of “Hamas terror targets,” including weapons storage, firing posts, terrorist cells, and other infrastructure, calling the attacks a response to a “blatant violation of the ceasefire agreement.”
Hamas said at least 27 Palestinians have been killed over the past week; Israeli officials said troops fired to prevent incursions across the yellow line, now marked with colored stanchions as a clearer warning.
On Ukraine: Trump Urges Zelenskiy to accept Putin’s Terms or Be ‘Destroyed’ by Russia (Financial Times)
President Trump urged Ukraine President Volodymyr Zelenskiy to accept Russia’s terms for ending its war in a volatile White House meeting on Friday, warning that Vladimir Putin had said he would “destroy” Ukraine if it did not agree.
The meeting between the US and Ukrainian presidents descended many times into a “shouting match”, with Trump “cursing all the time”, according to the Financial Times.
During Friday’s discussion, Trump appeared to have adopted many of Putin’s talking points verbatim—tossing aside maps of the Ukrainian frontline, insisting Zelenskiy surrender the entire Donbas region to Putin, and repeatedly echoing arguments the Russian leader had made in their call a day earlier—even when those claims contradicted his own recent statements about Russia’s weaknesses.
Upcoming in Budapest: Trump Says Putin War Summit Will Happen in ‘Two Weeks or So’ (Bloomberg)
Today at the White House: Australia Prime Minister to Meet Trump With Rare Earths in Focus (Bloomberg)
Australian Prime Minister Anthony Albanese will meet US President Trump in Washington today to discuss rare earth supply chains, amid the Trump administration’s interest in critical mineral resources and speculation the US may take stakes in Australian mining companies as part of a broader strategic partnership.
Talking
Trade: Trump Lists Top Demands on China Before Trade Talks Resume (Bloomberg)
President Trump listed
rare earths, fentanyl and soybeans as the US’s top issues with China just before the two sides return to the negotiating table and as a fragile trade truce nears expiration. Treasury Secretary Scott Bessent has said the US and China will hold talks later this week in Malaysia.
Effect on Tech: Apple, Caught Between US and China, Pledges Investment in Both (New York Times)
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Apple Podcasts—subscribe to never miss an episode.
Judicial Showdown: Trump Asks Supreme Court to Allow National Guard Deployment in Chicago Area (New York Times)
The Trump administration asked the Supreme Court Friday to allow the president to deploy National Guard troops to Chicago, setting up a test of whether the justices will approve sending state-based forces onto American city streets.
Judge April M. Perry
of the US District Court for the Northern District of Illinois temporarily blocked the deployments on Oct. 8, saying the law allows federalization to suppress rebellion but that she saw “no credible evidence” of a rebellion in Illinois.
Less than an hour after the appeal, the Court gave Illinois officials until 5 PM today to respond, a decision that could set a precedent for presidential authority over state-based forces and military use in US cities.
Loyalty Rewarded: President Trump Commutes the Prison Sentence of George Santos (NPR)
President
Trump commuted the prison term of George Santos, the disgraced New York Republican and fierce supporter of Trump. Santos was sentenced to over seven years in prison after pleading guilty in 2024 to wire fraud and aggravated identity theft and being expelled from the House for allegedly stealing from campaign donors.
This follows a string of high-profile pardons and commutations from Trump, including a blanket pardon for more than 1,500 people charged in connection with the Jan. 6 Capitol attack and a pardon for former Illinois Gov. Rod Blagojevich, a loyal Trump supporter.
MLB News: Ohtani
Leaves Sporting World in Awe as LA Dodgers Return to World Series
(Nikkei Asia)
Shohei Ohtani, the LA Dodger and Japan’s very own Superman, did this weekend what only someone with a cape and an S on his chest could dream of doing.
Ohtani’s otherworldly performance that propelled the Los Angeles Dodgers back to the World Series has left the sporting world in awe, with players and legends alike marveling at what may have been the greatest single-game display in Major League Baseball history.
In a Friday night masterpiece, Ohtani flashed his dominance on both sides of the ball, hitting three homers and pitching six scoreless innings while striking out 10 batters to complete a four-game sweep of the Milwaukee Brewers, as reported by Nikkei Asia.
“That was probably the greatest postseason performance of all time,” said Dodgers manager Dave Roberts. “There’s been a lot of postseason games. And there’s a reason why he’s the greatest player on the planet.” Extensive highlights are here.
Based on the television ratings for last year’s World Series, it’s likely that the television audience for Friday night’s Dodgers-Brewers game was larger in Japan than it was in the United States, according to ESPN.
The Louvre Job: Louvre Closed in Paris After Thieves Steal ‘Priceless’ Jewels in Brazen Daylight Robbery (New York Times)
Thieves made off with jewelry of “incalculable” value in a brazen daylight robbery on Sunday at Paris's Louvre Museum, in the Galerie d’Apollon, a second-floor wing of the museum. The jewels included royal necklaces, earrings, and a pearl- and diamond-encrusted diadem once worn by Empress Eugénie, wife of Napoleon III.
French Gov't Watch: Macron's Government Survives as Pension Reform is Halted (BBC)
London's Green Labor Shift: UK Clean Energy Plan Estimates 400,000 Extra Jobs by 2030 (Bloomberg)
The UK’s push to decarbonize its energy system by 2030 will give the biggest employment boost to the East of England and Scotland, projected to gain over 400,000 new low-carbon energy roles. London could see 25,000 clean energy workers by 2030, more than double 2023 levels.
UK's Five Top Tables: Where to Eat in London This Autumn (Bloomberg Pursuits)
London’s dining scene can be daunting, but Bloomberg Pursuits has cut through the noise with a handpicked guide to the city’s most exciting tables—from Michelin-starred mastery to wallet-friendly gems.
Highlights include
Shoreditch’s Legado, where chef Nieves Barragán Mohacho’s vibrant Spanish menu dazzles with squid-ink fideuà and Basque chicken, and Dinings SW3, a Chelsea favorite blending sustainable sushi artistry with fine dining flair.
For spontaneity or value, the Marksman in Hackney welcomes walk-ins with modern British comfort food, Hoa Sen in Covent Garden serves standout Vietnamese classics, and Bleecker Burger in the City keeps things deliciously simple with its cult-worthy blue cheeseburger.
On the Terminal, diners can also explore the Bloomberg DINE Index, tracking what’s trending high among London’s movers and shakers on the Bloomberg Terminal’s exclusive DINE guide.
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