World The Briefing
Houthi attack on Riyadh: Saudi Arabia reports missiles downed
Saudi Arabia says it intercepted Houthi missiles aimed at Riyadh. The Houthi count has moved, the damage accounts differ, and the 2022 truce is in question.
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The Briefing
Economy The Briefing
Bank of Canada rate hike to 2.5% as jobs fall: a Keynes test
The Bank of Canada raised rates for the first time since 2023 with employment falling and core inflation near 2%. Keynes offers the Bank one test and withholds another.
Economy The Briefing
Binance hack: the exchange vows to pay, with no central bank to call
Binance says it will absorb a hack of more than $6bn, and no central bank stands behind a crypto exchange. Minsky's idea of fragility suggests what such a promise signals.
Politics The Briefing
Trump immigration policy 'might be too tough', and Miller takes over
Trump says his immigration policy 'might be too tough' and that it hurt him in the midterms. Its most prominent advocate, Stephen Miller, becomes White House chief of staff today. No written policy change has been reported.
Technology The Briefing
Anthropic finds analysts took the AI's lean 86% of the time
Anthropic's own trial found analysts took the AI agent's lean 86% of the time, and only 15% credited the agent. The lean was strengthened on purpose. We weigh the limits and Kant's account of tutelage.
Technology The Briefing
Microsoft data centre protest: who decides what compute is for?
Police said 150 to 200 people were detained after activists occupied a Microsoft data-centre site in Amsterdam. Jacques Ellul's account of technique asks who decides what compute is for.
World The Briefing
Paraguay president Peña removed: Machiavelli's test of accusation
The Senate removed President Santiago Peña after the Ueno Bank collapse and refused him 72 more hours to answer. Machiavelli's test separates lawful accusation from calumny by process.
Politics The Briefing
New Zealand's level vote and Mosca's political formula
National and Labour are level on 29.3% of the party vote, yet one bloc is projected to win a majority by a single seat. Mosca explains why the rule for counting matters, and where he stops.
Economy The Briefing
Bank of England lifts Bank Rate to 4%: a blunt answer to energy
The Bank of England raised Bank Rate to 4% on 5 November, against an energy shock it cannot produce. Hayek's account of prices explains why a rate rise is a blunt answer, and who pays for it.
Technology The Briefing
Taiwan indicted nine over AI chips, but none faces an export charge
Nine people are indicted in Taiwan over alleged AI-chip smuggling to China, yet none faces an export charge. A proposed amendment would create one, and critics question its reach. We weigh both sides.
World The Briefing
Indonesian police name three officers as suspects in wiretapping case
Police name three officers as suspects over alleged wiretaps of the President, ministers and media figures, and over data erased to remove traces. Guilt is unproven.
Economy The Briefing
A Democratic sweep jolts AI stocks and tests the case for gridlock
AI stocks and the dollar fell after Democrats won Congress. The bond market behaved as the gridlock argument predicts; equities did not, because their risk sits in oversight and the states.
Politics The Briefing
The Midterms and the Constitution's Case for Gridlock
A divided Congress would suit markets, and the Constitution was built to produce one. Tonight's midterms test what that costs.