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According to Iran's Tasnim News Agency, protests against the Netanyahu government have erupted in Tel Aviv, Israel. Protesters are demanding a change of government and the formation of a new government with participation from Arab political parties.

2026-11-08

According to Iran's Tasnim News Agency, protests against the Netanyahu government have erupted in Tel Aviv, Israel. Protesters are demanding a change of government and the formation of a new government with participation from Arab political parties.

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2026-11-07

ECB President Lagarde said euro-area headline inflation was 4% in October, above expectations a few months ago but in line with market pricing. The increase is largely energy-driven: energy inflation rose to 20.8% in October from 18.9% in September,

ECB President Lagarde said euro-area headline inflation was 4% in October, above expectations a few months ago but in line with market pricing. The increase is largely energy-driven: energy inflation rose to 20.8% in October from 18.9% in September, reflecting the Middle East conflict and weaker global refining capacity; food inflation also picked up. Core inflation excluding energy, food, alcohol and tobacco remained 2.5%, unchanged from September; services inflation edged up to 3.3% but stayed within its four-month range. Lagarde said detailed breakdowns are not yet available and will be needed to assess whether services inflation stems from energy-intensive sectors such as transport or from broader indirect pass-through. She warned inflation is likely to remain elevated over the coming quarters, and that higher, more persistent inflation raises risks to the ECB’s medium-term target.
2026-11-07

Pablo Hernández de Cos, an ECB Governing Council member and candidate for ECB president, said policymakers should stay alert to inflation risks from elevated energy prices. He said second-round effects have not emerged so far but noted hopes for a qu

Pablo Hernández de Cos, an ECB Governing Council member and candidate for ECB president, said policymakers should stay alert to inflation risks from elevated energy prices. He said second-round effects have not emerged so far but noted hopes for a quick end to the Iran war — and a resulting fall in energy prices — have not materialized, so vigilance is necessary. He declined to comment on his candidacy. Hernández de Cos also warned that high public debt in some economies, coupled with persistent deficits, is a vulnerability if borrowing costs rise further, since higher rates would increase debt-servicing costs.
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