In Ecuador, fishermen are the collateral victims of American bombs
Under the pretext of waging a 'war' against 'narco-terrorists,' the US has targeted longline fishing vessels off the coast of the Andean country. Eight fishermen remain missing, and Washington has claimed responsibility for the deaths of 238 men in the Pacific and the Caribbean since late 2025. Human rights advocates have condemned what they call 'illegal killings.'
G7 countries pledge $2.5 billion to fight food insecurity
In announcing the pledge, French Finance Minister Roland Lescure said the World Bank identified 44 countries that may face food insecurity, notably due to fertiliser supply issues linked to energy price hikes after the US war on Iran.
Israeli firm’s digital ads enabling installation of ‘zero-click’ spyware, researchers say
Discover-Tech’s Controlium software lets clients mass-profile internet users then covertly hack targets, say researchers at University of Toronto An Israeli advertising agency has been serving millions of online adverts that allow “zero-click” spyware to be used against targets, researchers at a Canadian university have said. Citizen Lab, a digital investigations research unit at the University of Toronto, said it believed dozens of devices at the Qatari broadcaster Al Jazeera had been compromised by spyware delivered through ads run by Discover-Tech, which describes itself as a specialised digital advertising agency. Continue reading...
Europe shuts US out of Russian assets conversation
"These are frozen Russian assets held in Europe, belonging to Russians who are destroying Ukraine and killing people there every day... the idea of releasing these assets is completely out of the ques...
Swiss journalist risks court sentence for exposing top banker
Zurich prosecutors this week charged Swiss journalist Lukas Haessig with violating banking secrecy over reporting that set off a high-profile corporate criminal trial of the former boss of Raiffeisen Bank Switzerland, Haessig said on his financial blog Inside Paradeplatz.
IMF suggests UK should cut spending rather than raise taxes on banks, as Healey prepares budget raid – business live
Rolling coverage of the latest economic and financial news * John Healey poised to raise taxes on banks in budget Elsewhere in the markets today, South Korea’s Kospi share index has recorded its biggest weekly loss since October 2008, down 14.5% this week. Although the Kospi did rise today (+2%), it was still a bad week for technology stocks – as investors worried about the borrowing, spending commitments and future profitability of AI companies. The reality is that while companies embraced AI aggressively as it first emerged, now they are figuring out how to use it effectively while keeping AI costs under control. A slowing, more careful, path towards corporate adoption has been missed by the market which remained wildly frothy about valuations. “A UK bank tax risk is now a base case. If it is confirmed on 28 October, it’ll be the size and timing that will be key. If Healey does go ahead, shares of Lloyds and NatWest, which are almost entirely exposed to the UK, would likely be impacted most, and you are seeing this already in the share price reaction today. Barclays is partly exposed. HSBC is least exposed in the mix.” Continue reading...
Reptile food supplier Monkfield snaps up BGF as investor
An investment vehicle set up by Britain's banks in the aftermath of the 2008 financial crisis is close to striking one of its most unusual deals to date by buying a stake in a supplier of reptile food and associated products.
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