Iran's Islamic Revolutionary Guard Corps (IRGC) said on the 15th its Aerospace Force intercepted and shot down an MQ-1 drone at dawn in airspace west of the Strait of Hormuz.

China’s Ministry of Industry and Information Technology and National Development and Reform Commission issued a joint electronic information manufacturing plan calling for accelerated development of advanced storage technologies and compute infrastructure. Policy directs promotion of storage‑centric computing and compute‑by‑storage, upgrades to distributed and hyperconverged storage, and the establishment of tiered data‑storage architectures and protocols. It targets breakthroughs in intelligent tiered storage, data sparsification, key‑value caching and the R&D of high‑bandwidth flash, high‑bandwidth memory (HBM), ferroelectric, resistive (ReRAM) and magnetoelectric memories. On facilities and applications, the plan backs hyperscale intelligent‑compute architecture to support AI clusters at the scale of hundreds of thousands of accelerator cards, a full‑chain buildout of space‑based computing with deeper compute‑power co‑design, strengthened distributed edge computing architectures, higher‑performance compilers/databases/middleware, and work on domain‑specific accelerators and large‑scale parallel compute bottlenecks to lift Z‑class supercomputer performance.

The Bank of England plans to stop selling long‑dated gilts — specifically 20‑ and 30‑year paper accumulated during the financial crisis. Economists estimate gilt disposals since 2022 have cost taxpayers about £22bn; pausing sales until the end of the decade would save roughly £2.5bn a year versus continuing current disposals and could avoid tens of billions in losses. The decision comes as a global bond sell‑off and higher borrowing costs have heightened pressure on the new chancellor ahead of a first budget on Oct. 28; pausing sales would free up room to ease cost‑of‑living measures but would complicate meeting fiscal rules that require day‑to‑day balance.