🌍 IMF Raises 2026 Growth Forecast but Warns of Downside Risks
The IMF lifted its 2026 global growth forecast to 3.1% in its latest World Economic Outlook, while warning that downside risks remain dominant.
Chief Economist Silvana Tenreyro cautioned that global resilience faces structural limits, citing emergency oil buffers running low — including the U.S. Strategic Petroleum Reserve at its lowest level since 1982 — alongside record sovereign debt and ongoing geopolitical shocks.
💼 Musk Settles Lawsuits Over $1M Voter Lottery Giveaways
Elon Musk has agreed to settle two lawsuits over his $1 million check handouts to battleground-state voters during the 2024 presidential election, according to court filings published Thursday.
The suits, filed in the Western District of Texas, accused Musk and his political action committee, America PAC, of defrauding voters through the giveaway program. Settlement terms were not disclosed in the filings.
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A gunman opened fire at an elementary school in Bend, Oregon, killing three children and one teacher, police said.
The attacker, identified as a Bend resident, was shot by officers and went down inside the school shortly after police arrived, according to spokesperson Sheila Miller.
The shooting marks one of the deadliest attacks on a U.S. elementary school in recent years.
⚡ Urenco USA Expansion 75% Complete at New Mexico Plant
The only commercial-scale uranium enrichment facility in the U.S. is three-quarters through its latest expansion, advancing domestic nuclear fuel supply goals.
Urenco USA announced Oct. 8 that the sixth of eight new centrifuge cascades at its National Enrichment Facility in New Mexico has begun production. The seventh cascade is expected later this year, with the eighth due in spring 2027. The expansion aligns with the Trump administration's push to reestablish U.S. leadership in nuclear energy and reduce reliance on foreign uranium supplies.
⚖️ Senate Democrats Demand EPA Drop Abortion Pill Water Study
The entire Senate Democratic caucus has written to EPA Administrator Lee Zeldin demanding the agency remove mifepristone, misoprostol, and their metabolites from its list of emerging contaminants in drinking water.
Led by Sen. Patty Murray (D-Wash.), Democrats said the EPA study to detect the abortion pill mifepristone in drinking water is politically motivated and called on Zeldin to halt it. The letter marks a unified pushback from Senate Democrats against the agency's research direction under the current administration.
🪖 US Navy Deploys Drone Ship With Carrier Strike Group for First Time
The Theodore Roosevelt Carrier Strike Group has deployed from San Diego with a large unmanned surface vessel — the first time in US Navy history a carrier strike group has done so.
Acting Navy Secretary Hung Cao announced the milestone Wednesday, calling the drone ship "a force multiplier." The strike group is expected to sail to the Middle East, where the US already has two carrier strike groups and an amphibious ready group maintaining a naval blockade against Iranian ports. Since mid-July, US forces have disabled four commercial vessels for violating the blockade; last weekend, an American fighter jet struck a cargo ship after it left an Iranian port.
Large unmanned surface vessels can carry missiles, drones, sensors, and electronic jamming equipment, enabling them to support and protect strike groups in ways smaller sea drones cannot.