Morning Edition · Saturday, October 3, 2026
Markets
G7 agrees to release 100 million barrels of oil and diesel after Trump pressure
Brent crude fell about 2.6% to $99.68 a barrel, European diesel futures dropped 8%, and the first reserve barrels are set to reach the market within 20 days.
Macro
US payrolls rose just 29,000 in September, pulling Treasury yields off a 24-year high
Traders moved to price in a Federal Reserve pause this month, the Nasdaq Composite closed higher, and gold fell for a second straight week.
Macro
Russia budgets 17.1 trillion roubles for defence in 2027, a 27% increase on earlier plans
The three-year plan commits about 50 trillion roubles to the military and is funded in part by new taxes, including a levy on metals and mining companies.
Geopolitics
Jet drone strikes Kyiv's Northern Bridge as Russia reports damage in Kaluga
A Russian drone hit Kyiv's Northern Bridge on Saturday, the second Dnipro River crossing struck in two days, halting traffic there after repeated strikes closed the Southern Bridge and restricted two more crossings on Friday.
Markets
Indian equities head for an eighth straight weekly decline as foreign investors keep selling
The Nifty 50 fell 2.3% this week, and foreign portfolio investors have withdrawn roughly $28 billion from Indian shares so far in 2026.
World
Oman had barred Flydubai co-pilot from flying before attack on Israel-bound flight
The United Arab Emirates' attorney general said the co-pilot attacked the captain with the cockpit's crash axe in an attempted act of terrorism, as new details confirm he was previously barred from flying in Oman over extremist material found in his possession.
World
French student protests spread as more than 1,900 people are detained
More than 700 of France's roughly 3,700 high schools have been affected, Prime Minister Sébastien Lecornu has accused a left-wing political party of fueling the unrest, and officials estimate about €3 million in vandalism damage.
Geopolitics
Satellite images show China accelerating runway work on Antelope Reef as Moscow warns Tokyo
Analysts expect paving in the first half of 2027, and Russia's foreign ministry said Japan's missile plans threaten the security of its Far Eastern borders.
Tech
Taiwan's foreign minister visits Arizona to open an office next to TSMC's chip plant
Lin Chia-lung's trip is aimed at pulling more Taiwanese suppliers into a US semiconductor cluster as Washington works to steady relations with Beijing.
World
US and Australia close consular services in Brazil two days before a knife-edge election
Brazilian federal police executed search warrants over suspected plans against US diplomatic facilities, as polls show Lula and Flávio Bolsonaro effectively tied.
Markets
Trump's openness to Chinese carmakers unsettles Detroit as Asian rivals gain US share
Industry groups asked the White House to keep the market closed, while one forecast puts Chinese brands at about 11% of US sales by 2038.
Macro
Japan's tighter visa rules are pushing foreign business owners out of the country
Capital requirements for the business manager visa rose sixfold to 30 million yen, and nearly 1,000 holders left Japan in the first half of 2026.