The Economic Times

Marco Rubio is drawing fresh attention as a potential Republican presidential candidate after the 2026 midterms. A Reuters/Ipsos poll gave Rubio and JD Vance similar ratings without asking voters to choose between them.

In an exciting turn of events, an intern at a New York film archive stumbled upon five reels of the silent film The Heart of Lincoln. This remarkable find, once thought to be forever lost, opens a new chapter for historians and filmmakers alike. Restoration efforts are now underway, promising modern audiences a glimpse into early American cinema and its portrayal of the iconic Abraham Lincoln.

A multipolar world order is emerging with increased competition and many autonomous decision-making countries. External Affairs Minister S. Jaishankar emphasized the need for stronger national capacities in response to global changes. He highlighted India's past missed opportunities in manufacturing from the 1960s to the 1990s. Jaishankar noted that the US-China competition significantly contributes to global volatility and uncertainty.

In Maryland, conservationists created a floating island to provide nesting sites for common terns. This solution came as natural nesting areas were disappearing due to climate change effects. In the first breeding season, the platform hosted 23 nests, indicating immediate acceptance by the birds. As populations grew, common terns also began to establish nests on nearby restored habitats.

One of the key reasons behind the weakness in base metals is the strength of the US dollar. The Dollar Index (DXY) has climbed to the 103-104 range, supported by resilient US economic data, elevated Treasury yields, and expectations that the Federal Reserve may keep interest rates relatively restrictive for longer.

Pakistan's fiscal position deteriorated in the first quarter of the financial year 2026. The country's budget surplus fell sharply to 0.9 percent of GDP from 1.7 percent. Total government revenue decreased to 6.004 trillion rupees despite an increase in tax collections. Government expenditures rose by 16 percent, heavily influenced by rising interest payments. Pakistan continues to face economic challenges, including public debt and limited revenue generation.

President Donald Trump has made ambiguous statements about the Iran war after the midterm elections. He acknowledged the conflict's impact on Republican losses and stated that military action is unlikely. Trump's comments have raised uncertainty among Middle Eastern diplomats regarding ongoing negotiations led by Qatar. Iran remains unwilling to engage in talks without certain conditions being met. The situation continues to evolve with each unpredictable comment from the president.

In response to soaring living expenses and inadequate public services, France has seen significant protests, resulting in considerable turmoil. Authorities blamed far-left extremists and opportunists for the violence. Over 4,900 protestors were detained in fierce confrontations with police, leading to widespread criticism of the government's heavy-handed responses.

India supported a UN resolution affirming the rights of Palestinian people and the Syrian Golan population. The resolution demands Israel to cease exploitation of natural resources and harmful environmental practices. It also condemns the construction of settlements, which contravene international law, and calls for immediate compliance. Additionally, the resolution emphasizes the need for reconstruction efforts in the Gaza Strip.

Emmanuel Macron is scheduled to attend a summit of French-speaking nations in Cambodia starting Saturday. The meeting will address various international challenges, including tensions from an African conflict. Leaders from around 20 countries, including Canada and Vietnam, will also be present at the summit. France's influence will be significant in selecting the new secretary-general for the organization.

Teddy Riner has announced his candidacy for the French presidency and faces substantial hurdles ahead. To enter the race, he requires support from 500 elected officials which is quite challenging. While Riner's popularity as a judo champion gives him star power, his political platform remains unclear currently. Analysts believe voters desire change but also value experience in dealing with national issues.

Jensen Huang, the former CEO of Nvidia, is involved in a scandal concerning a suspected Chinese spy. This affair heightens existing tensions between the U.S. and China over technology exports, particularly in artificial intelligence. Lawmakers are now demanding stricter controls on advanced AI chip sales amid security concerns. The situation may impact ongoing discussions about AI safety between the nations.

In Denver, Democrats came together to celebrate their surprising success in the midterm elections while exploring new pathways to victory. Political leaders expressed enthusiasm about the prospect of statehood for Puerto Rico, although protestors outside raised concerns over the party's centrist shift, revealing rifts within. The event underscored a blend of optimism and ideological debate as they prepared for future electoral battles.

US flights back after nationwide ground stop, delays persist; officials blame outdated equipment

Australian Prime Minister Anthony Albanese and climate minister Chris Bowen made crude jokes during COP31. The exchange occurred while they discussed the potential interference of a phone on health. Albanese jokingly suggested that Bowen should be more concerned about his phone in his pocket. This incident follows previous controversies surrounding Albanese's offhand remarks. Australia's involvement in COP31 has faced criticism for its fossil fuel export practices.

The three leaders may meet during the Asia-Pacific Economic Cooperation summit. This unprecedented summit is expected to focus on nuclear arms discussions and regional tensions. While no significant agreements are anticipated, the meeting symbolises their ongoing diplomatic engagements.

Elon Musk has publicly endorsed a petition to reinstate Jensen Huang as CEO of Nvidia. Huang recently resigned amid controversy regarding his alleged extramarital relationships. These relationships have included a woman who is suspected of having ties to Chinese intelligence services. Musk's support joins that of other prominent figures advocating for Huang's return. The situation raises significant questions about Huang's leadership and personal conduct at Nvidia.

FAA flights grounded due to communications issues, affecting multiple sports teams nationwide. College football teams faced delays, with some opting to travel by bus rather than wait for flights. Professional basketball and hockey teams also scrambled to alter travel plans ahead of their scheduled games. Many teams were forced to seek accommodations, with uncertainty lingering about flight availability.

FAA flights grounded: After a nationwide groundstop halted thousands of flights, the Trump administration increased its air traffic control funding request. The official request has risen from $30.1 billion to $50 billion due to ongoing issues. Funding aims to modernize aging airports and enhance air traffic systems across the United States. Major airlines have shown support for this funding request during this critical safety period.

Democratic senators have urged Elon Musk to maintain records pertaining to SpaceX's restrictions on services in Ukraine. These services are crucial for Ukraine's military communication and operations amid ongoing conflicts. The restrictions raised questions about SpaceX's influence on national security communications and decision-making processes. Reports indicated that the service limitations originated within the White House but were later disputed by officials.

US President Donald Trump will travel to the Philippines and China with Elon Musk for important diplomatic meetings. In Manila, he intends to sign a trade deal with Thailand and meet with Southeast Asian leaders. Trump's agenda includes discussions about trade measures and export controls related to advanced computer chips. A trilateral meeting with Xi Jinping and Vladimir Putin is also scheduled during this trip.

A tanker struck the American Heritage paddleboat while it was docked on the Mississippi River in New Orleans. The collision caused the paddleboat to partially submerge, with 129 passengers aboard at the time. Rescuers, including nearby workers and police, promptly responded to assist those in distress. At least 32 individuals required hospitalization, though none suffered critical injuries.

FAA flights grounded reason: US Transportation Secretary Sean Duffy reported that an overloaded air traffic control communications system led to a nationwide groundstop. This issue resulted in more than 10,000 flights being cancelled and delayed across the country. The system experienced inconsistent data due to overloaded switches and routers, prompting the decision to shut it down. Intermittent communication occurred along with intermittent radar problems which contributed to the disruption.

Donald Trump is set to meet with Xi Jinping next week during the Asia-Pacific Economic Cooperation forum in China. Recently, Jensen Huang resigned as CEO of Nvidia amid allegations involving Alice Huang and potential national security concerns. The US Justice Department has not concluded any investigation regarding Alice Huang's affiliations with the Chinese government. Trump is not expected to raise the allegations during his meeting with Xi.

US Secretary of State Marco Rubio acknowledged the economic struggles faced by Americans during his speech to conservatives. He emphasized that economic health should be measured by people's ability to afford necessities, rather than stock market performance. Rubio defended controversial decisions made during the Trump administration regarding foreign policy and claimed international law has been weaponized against U.S. actions.

Jensen Huang, who resigned as CEO of Nvidia following revelations about his affair with Alice Huang, misled company leaders regarding the nature of their relationship, which raised concerns. Internal communications revealed that Huang had described their interactions as standard business dealings. An investigation was launched by Nvidia's board after media reports surfaced about the affair. Nvidia's stock has significantly declined since the news broke, causing losses of over $1.8 trillion.

FAA Ground Stop: This is the first nationwide ground stop since January 2023 when a key FAA computer system malfunctioned. Before that the last time had been after the September 11, 2001 attacks.

S&P 500, Nasdaq's losses came ahead of AI company Anthropic's much-anticipated IPO next week. Nvidia is scheduled to announce earnings report on next Tuesday, November 17.

Iran US War: UN's International Maritime Organization said 25 seafarers died and many others were injured or remain missing following some 134 incidents in the Strait of Hormuz and the wider Middle East maritime area as of November 11.

Bitcoin price crash today: Bitcoin price has dropped to nearly $68,000, its lowest level since August, as more than $856 million in crypto positions were liquidated. ETF outflows and weak demand have added to the pressure, while Anthropic's upcoming IPO raises questions about investor interest in BTC USD and its chances of recovering to $90,000.

Rene Haas has 35 years of experience in semiconductors and systems. Jensen Huang stepped down on Thursday after revelations of extramarital affairs, including one involving a suspected Chinese spy.

Career growth tips: HPE CEO Antonio Neri shares career advice for employees hoping to get promoted, stressing the importance of keeping promises, communicating ambitions and taking responsibility for professional growth. His recommendations come as a 2026 study finds that only 40% of US employees have quality jobs, highlighting gaps in workplace development opportunities.

Social Security's funding crisis may have arrived decades earlier because a smaller share of American income is subject to payroll taxes. AARP estimates the programme could have paid full benefits until 2059 if taxable wages had maintained their 1980s share of the economy. The actual trust fund depletion projections remain 2032 and 2034.

United States has imposed sweeping travel restrictions affecting dozens of countries, many of them in Africa, under proclamations issued during Donald Trumps second administration.

GTA 6 online could launch in 2027, media reports said citing industry insiders. Rockstar Games have not officially confirmed any multiplayer launch window for Grand Theft Auto VI. The multiplayer may be launched a year after the base game, a Bloomberg video said. This is unconfirmed. A PlayStation database discovery has also suggested that there could be some multiplayer development.

Alice Huang received one Megaspeed share for just S$1 on the day she stepped down as managing director in 2023. The corporate filing has drawn attention as the Singapore-based firm faces scrutiny over alleged $7.5 billion Nvidia chip shipments to China, its financial growth and Huang's reported relationship with Jensen Huang.

The IRS has raised the standard deduction, widened federal income tax brackets and increased key family tax credits for 2027. The changes, announced on November 5, cover nearly 70 provisions of the federal tax code. The standard deduction for single filers will rise to $16,600, while married couples filing jointly will get $33,200. The Child Tax Credit will also increase to $2,300 per qualifying child.

After selling more than half a billion units and becoming a worldwide cultural touchstone, production of the cube is returning to Hungary, where its inventor, Erno Rubik, first conceived of the iconic object that bears his name.