Saudi Arabia has pledged to invest $6 billion to rebuild the war-torn Syrian economy, an amount that represents roughly 30% of Syria’s 2023 GDP. Still, the investment is just a tiny fraction of the estimated $400 billion in reconstruction funds that Syria needs. We’re watching to see if the Saudi move spurs other regional powers to take the plunge too – either as partners or rivals to Saudi influence. Meanwhile, Syrian interim President Ahmed al-Sharaa must try to keep a lid on sectarian violence and deal with ongoing attacks from a wary Israel. (Read more here.)
The Russian and Ukrainian governments, apparently readying for even more conflict as peace talks stay stalled, are scrambling to shore up their war-fighting finances. On Thursday, Ukraine’s President Volodymyr Zelensky asked European leaders to help pay not only for new weapons but also forhigher wages for his country’s soldiers. Meanwhile, as Russia’s war economy starts to sputter, President Vladimir Putin’s central bankcut its benchmark interest rate by two percentage points to a still-sky-high 18% — its second rate cut this summer.
Border clashes between Thailand and Cambodia continue. Thailand has now evacuated more than 130,000 people from the area as acting Prime Minister Phumtham Wechayachai warns the situation “is escalating and could develop to the stage of war.” Violence has erupted in 12 areas along the disputed frontier, killing at least 15 Thais and one Cambodian. Nationalist tensions and a friendship breakup between powerful former leaders Hun Sen of Cambodia and Thaksin Shinawatra of Thailand are further inflaming the crisis.
1,170: The number of high-rise buildings in Kyiv that were left without heating following a barrage of Russian attacks last night on Ukraine’s capital and its energy facilities, per Kyiv Mayor Vitali Klitschko.
U.S. President Donald Trump and Japanese Prime Minister Sanae Takaichi hold up signed documents regarding securing the supply of critical minerals and rare earths, at a bilateral meeting at Akasaka Palace in Tokyo, Japan, October 28, 2025.
Representatives from the European Union, United Kingdom, Japan, and others will meet in Washington this week to discuss a strategic alliance on critical minerals.
80,000: The number of people estimated to be in the streets of Czechia on Sunday to show their support for President Petr Pavel after he blocked the nomination of an environmental minister who performed the Nazi salute and posted Nazi memorabilia.
The US has started handing $1,000 to the bank accounts of newborn babies. But can policies like this one help boost sagging birthrates in advanced democracies?