On Oct. 4, Dmitry Medvedev, deputy chairman of Russia’s Security Council and head of United Russia, posted on social media warning the U.S. not to block Russia’s “Dawn” low‑Earth‑orbit (LEO) satellite communications system at Ukraine’s request. Medvedev said such a move would lead to a “full‑scale space war” and that U.S. Starlink satellites would “fall.” Ukraine’s Volodymyr Zelenskiy told the Financial Times he has repeatedly asked U.S. President Trump to block the Russian Starlink equivalent,

Houthi forces said on the night of the 3rd (local time) that, in response to Saudi airstrikes on Sanaa and other areas of Yemen, they used multiple ballistic missiles and drones to strike ARAMCO targets in Riyadh. The group said the operation successfully achieved its objectives, hit targets and caused fires, and added that Saudi forces carried out 60 air and missile strikes in the past 24 hours and 1,410 strikes since the situation escalated on Sept. 3.

The Fed and ECB will publish minutes from last month’s meetings next week. Both raised rates in September citing rising inflation pressure; the Fed minutes could show many policymakers were deeply worried about price trends and expected at least one more hike before year-end. Weaker-than-expected US nonfarm payrolls, soft wage growth, a government PCE revision showing slightly lower inflation YTD, and recent turmoil in French financial markets have collectively reduced near-term urgency for further tightening and raised the bar for an October hike. Minutes may recall officials’ hawkish September stance, but subsequent data strengthen arguments for patience; services inflation could keep a December hike on the table, though the Fed will likely need clearer evidence of renewed price pressure before moving again.