HARD NUMBERS: Terrorist attack in Jerusalem, US gets mail drop, Argentina’s Peronists stage capital comeback, OPEC+ to slow pace of increases, & More
6: A group of terrorists from the West Bank opened fire on civilians at a major junction in Jerusalem on Monday morning, killing at least six people and injuring another 21. A soldier and several civilians who were at the scene engaged with the gunmen, who were then killed. Hamas praised the attack but did not claim responsibility.
80: Postal deliveries from the rest of the world to the United States have fallen 80% since the Trump administration did away with de minimus rules, which granted customs and tariff exemptions to any packages worth less than $800. Those rules were a major loophole used by exporters to the US. See our Graphic Truth on it here.
46.8%: Argentina’s opposition Peronist party took 46.8% of the vote in legislative elections in Buenos Aires this weekend, beating the party of libertarian President Javier Milei by more than 10 points. With midterms approaching, the result is another warning sign for Milei, who is facing a backlash against his cost-cutting radicalism, as well as a corruption scandal involving his sister. More on that here.
137,000: The OPEC+ oil cartel will increase production by just 137,000 barrels per day in October, down from an increase of 550,000 barrels per day in September. The announcement, coupled with expectations of potential further sanctions on Russia, caused oil prices to blip up in early trading on Monday, even as markets broadly expect global oil demand to soften as the northern hemisphere heads into winter.
6: Spanish tennis star Carlos Alcaraz defeated his Italian rival Jannik Sinner on Sunday to claim the US Open Championship, his sixth major title. The two players now dominate men’s tennis: between them they’ve won all four majors this year, and they faced each other in the last three consecutive major finals. In the women’s final, Belarussian superstar Aryna Sabalenka bested American Amanda Anisimova to win her fourth major title.