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Front Page

25 OCT 2026

Lagarde Presses Governments on Debt as Energy Shock Lifts Prices

The European Central Bank president told finance ministers and central bankers gathered in Bangkok that sound public finances are an anchor for stability, and that any energy relief should be short-lived and narrowly aimed, as the ECB keeps a measured line against rising inflation.

Euro sculpture in Frankfurt, Germany PHOTO: SASCHA HORMEL
PHOTO: RAUL LING

Trudy intensified into a Category 3 hurricane overnight and is forecast to track close to the coasts of Michoacán, Colima and Jalisco this weekend, putting a region hit by two of the Pacific's most violent storms in the past decade back on red alert.

PHOTO: MOHAMED HAMDI

The IMF says Saudi Arabia is riding out the Iran war in better shape than most of the Gulf, crediting the East-West pipeline to the Red Sea and the kingdom's reserves. It still expects Saudi output to fall this year before recovering in 2027.

A Homeland Security order requires civilian federal agencies to remove DeepSeek's AI tools and stop buying them, warning that sensitive data could reach the Chinese government. The move extends Washington's technology standoff with Beijing to the government's own systems.

PHOTO: AIRAM DATO-ON

Eight months into the conflict, higher energy prices are filtering into gasoline, airfares and groceries at different speeds, and a sharp September rise in consumer prices has landed weeks before the midterm elections.

PHOTO: KONSTANTIN KHRUSTOV

A group of nine people dismissed from the FBI in February, all of whom had been assigned to the Plasmic Echo inquiry into classified records kept at Mar-a-Lago, is asking a Washington federal court to order their reinstatement. Their complaint frames the firings as punishment for the assignment itself and says the abrupt exits left live counterintelligence work unattended.

PHOTO: WIKIMEDIA COMMONS
A captivating view of the Salesforce tower and San Francisco skyline. PHOTO: CLEMENT PROUST
PHOTO: ELBIT SYSTEMS

Israel's Elbit Systems has secured a three-year contract to supply PULS launchers and medium-range precision rockets to an unnamed European government, extending a run of rocket artillery orders from a continent rebuilding its land forces.

The federal government ended fiscal 2026 with its third-largest shortfall on record, as record interest payments, tariff refunds and higher spending outran a rise in tax receipts, complicating the Trump administration's cost-cutting agenda.

PHOTO: DAVE GARCIA

A sharper-than-forecast rise in September consumer prices pushed Wall Street to its worst session in months and raised the odds of another Federal Reserve rate increase, with the selling set to spread to Asia.

PHOTO: PEXELS

A surge in fuel costs drove U.S. producer prices sharply higher in September, lifting the annual rate to a level not seen in almost four years and adding to pressure on the Federal Reserve before its next meeting.

PHOTO: MICHAEL LI

AI Model Tracks Moving Fetal Heads During MRI Scans

Researchers in Boston and France have developed E(3)-Pose, a deep learning model that reads a fetus's head position before each MRI slice so the scanner can adjust in real time. Clearer fetal brain images could mean fewer exams have to be redone because the fetus moved.

Intricate MRI brain scan displayed on a computer screen for medical analysis and diagnosis. PHOTO: MART PRODUCTION
PHOTO: DAWAFENJO GURUNG

Researchers have identified a previously unknown growth response, which they call saprotropism, in which roots sense the acidity produced by microbes breaking down dead plant tissue and steer away from it, a finding with implications for how farmers handle crop residues.

PHOTO: NASA

Two spacewalks set for Oct. 29 and Nov. 5 are to add the last two roll-out solar arrays to the International Space Station, wrapping up a power upgrade that began in 2021 and giving the outpost added capacity for its remaining years in orbit and its eventual controlled deorbit.

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