German Industry Employment Falls to Lowest Level in a Decade 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Colombia Opens New Investigation Into Former President Álvaro Uribe Over Paramilitary Allegations 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Iran Claims Strait of Hormuz Closure Amid Rising Middle East Tensions 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Zelenskiy Returns Polish Honor as WWII History Dispute Strains Ukraine-Poland Relations 
Keir Starmer Faces Growing Pressure as Reports Suggest Possible Resignation 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
U.S.-Iran Talks Resume in Switzerland as Lebanon Ceasefire Boosts Hopes for Lasting Deal 
The longest U.S. government shutdown in history may soon end after the Senate advanced a compromise bill late Sunday to restore federal funding. The measure, which passed an initial hurdle, would reopen agencies that lost funding on October 1 and bring relief to millions of Americans affected by the 40-day impasse.
The proposed deal would fund the government through January 30, temporarily halting disruptions to essential services such as food subsidies, air travel, and federal employee pay. Nearly 800,000 government workers have gone unpaid, while travel delays and thousands of canceled flights have added to public frustration.
If approved, the bill would also extend the Supplemental Nutrition Assistance Program (SNAP) through September 30 next year, ensuring continued food aid for low-income families. However, the deal does not include protections against future spending cuts by President Donald Trump, who has previously reduced federal payrolls and canceled billions in spending without congressional approval.
President Trump’s Republican Party controls both chambers of Congress, but Democrats have used Senate rules requiring a 60-vote threshold to push for an extension of health insurance subsidies benefiting 24 million Americans. The compromise sets up a December vote on that issue, though many Democrats remain skeptical about its success.
The bipartisan agreement was led by Democratic Senators Maggie Hassan and Jeanne Shaheen of New Hampshire, and Independent Senator Angus King of Maine. Senator Dick Durbin acknowledged the deal’s limitations but said ending the shutdown was vital for the country.
A Reuters/Ipsos poll showed 50% of Americans blamed Republicans for the shutdown, while 43% blamed Democrats. Following news of the deal, U.S. stocks rose on Monday amid optimism for reopening the government.
House Speaker Mike Johnson stated the House could vote on the bill as early as Wednesday, potentially sending it to President Trump for approval. If delays persist, however, the shutdown could extend into next weekend, threatening to slow economic growth heading into the holiday season.
