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Canada is introducing tariffs of up to 50 percent on US imports, including steel, aluminum, appliances, farm machinery, and electronics, starting at midnight. This is a response to US tariffs on Canadian goods that took effect in August after trade talks failed.
GovernmentCompanies & MarketsHousing & Urban Development
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Spain has launched a new state housing portal, CASA 47, offering 800 rental apartments with income-dependent rents. Rents are capped at 30 percent of income, with initial contracts lasting 14 years.
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Following the state election in Saxony-Anhalt, CDU leader Friedrich Merz and SPD leader Lars Klingbeil emphasized the unity of the coalition in Berlin. They aim to implement reform plans and warned against allowing far-right forces to pressure the coalition.
Companies & MarketsFinance & Stock MarketIT & Internet
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El Salvador's President Nayib Bukele denies that the country's Bitcoin reserves have been transferred to a private operator. An agreement with the IMF involved transferring the state-owned e-wallet "Chivo" to a private operator, not the strategic Bitcoin holdings.
Companies & MarketsFinance & Stock MarketIT & Internet
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Approximately 4,000 Bitcoin, valued at around 320 million US dollars, were withdrawn from Liquid Network. The incident, affecting the company's Liquid Federation wallet, is attributed to a potential software error in the underlying Elements open-source codebase.
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Goldman Sachs experts anticipate oil prices could rise to $120 per barrel. This forecast is due to the tense situation in the Strait of Hormuz, which has reduced shipping traffic to its lowest point since May.
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The CDU in Saxony-Anhalt will re-elect its state board following a historic election defeat. The positions will be filled at a special party conference in November or December. State chairman Sven Schulze will not run again.
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Following the state election in Saxony-Anhalt, CDU leader Friedrich Merz admitted a significant election defeat and intends to improve his communication. He emphasized, however, that he will adhere to his neoliberal core beliefs, which the article suggests could lead to social inequality and the rise of far-right forces.
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The AfD's success in a German state election could influence the federal government's EU policy. While EU neighbors express concern, AfD allies see it as a signal of hope. Key EU decisions on the budget and CO2 emissions trading are pending.
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Following the state election in Saxony-Anhalt, the AfD, the election winner, is seeking majorities, while the CDU admits a heavy defeat and moves into opposition. Protests against the AfD took place in several cities.
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