@Tziporah L. Agreed

@Joseph Dabby There are more Jews in Florida than in NY!

IRGC claims four tankers were hit by mines in the Strait of Hormuz and warns of an unrestricted response to any US-Israeli attack. Today, Nov 1: • Four tankers on fire: Iran's Revolutionary Guard said four tankers caught fire in the Strait of Hormuz following mine strikes, according to state media carried Sunday. The IRGC said on Oct 30 that four oil tankers had caught fire and exploded due to sea mines, disputing US Central Command's claim that US forces had cleared primary transit routes. • "No geographical limits" warning: IRGC spokesman Second Brigadier General Hossein Mohebbi said Sunday any new act of aggression against Iran will be met with a response extending beyond geographical boundaries, after Supreme Leader Ayatollah Seyyed Mojtaba Khamenei ordered commanders to ensure an "immediate, impactful" response to any threat. • UK forces designated: Iran's Foreign Ministry said Sunday Iran has designated Britain's Royal Navy and Royal Air Force as "terrorist organisations" and classified MI6 as a "hostile group," under Iran's reciprocal action law against the US designation of the IRGC. • Reopening framework: Iranian diplomatic officials announced Sunday Tehran and Qatari mediators have finalized a conditional framework to potentially reopen the Strait of Hormuz within 48 hours, contingent on US compliance. Foreign Minister Abbas Araghchi said demands include withdrawal of post-Islamabad memorandum sanctions, reduced US military presence, restoration of oil waivers and release of frozen assets including funds in Qatar. • Market impact: Brent hit $117 as the tanker fire east of Hormuz on Oct 31 further deteriorated maritime security, now rated CRITICAL.

IRGC claims it downed 2 US LUCAS drones over southern Iran today, amid overnight explosions and US strikes on Qeshm Island. Today, Nov 3, from inside Iran: • 2 US drones downed: The IRGC's provincial unit in Hormozgan announced Tuesday it shot down two American LUCAS drones over Bandar Khamir in southern Iran. IRNA also recorded five consecutive explosions on Qeshm Island while the IRGC said it shot down a US UAV. • 55th MQ-9 claim: IRGC Aerospace Force claimed it shot down three US drones near the Strait of Hormuz, including the 55th MQ-9 Reaper drone, alongside electronic capture of two MQM-170 reconnaissance drones. • US strikes on Qeshm: US officials said the US carried out strikes on Iran's Qeshm Island on Nov 2 in response to the IRGC firing on a US aircraft. IRNA reported several explosions on the island late Monday. One incident involved the IRGC firing a surface-to-air missile at a US fighter jet, which fired back in self-defense. • Prolonged war prep: IRGC spokesman Hossein Mohebi said "The war has not ended. The Islamic Revolutionary Guard Corps has prepared for a prolonged war," as US and Israeli planning for renewed strikes after the Nov 3 midterms intensified. • Tankers toll: IRGC Navy claims 11 tankers caught fire or suffered mine strikes between Oct 25 and Nov 2, per Iranian state media.

Zelenskiy is in Berlin today as Europe scrambles on Ukraine funding and Sweden stays deadlocked on a new PM. Daily Briefing — Tue, Nov 3, 2026 Zelenskiy visits Berlin, Norway pledges $107M for Ukraine defence, and Sweden's parliament rejects Centre leader as PM. 📰 News Zelenskiy to visit Berlin Tuesday, Merz says Ukrainian President Volodymyr Zelenskiy will visit Berlin on Tuesday, German Chancellor Friedrich Merz said at a business conference. Visits are kept secret until shortly before for security. The trip comes as the EU pushes to close Ukraine's €70bn 2027 funding gap ahead of the Nov 26-27 summit. Norway to invest $107 million in Ukraine defence industry Norway's government said Tuesday it is setting aside 1 billion crowns ($107.6M) for investments in Ukraine in partnership with Norwegian business, to be managed by state-owned Investinor to mobilize further private capital. Sweden parliament rejects Centre leader as PM amid gridlock Swedish lawmakers on Tuesday rejected Centre Party leader Elisabeth Thand Ringqvist as prime minister, as expected, amid post-election gridlock. The September election gave centre-left opposition 176 of 349 seats, but formation talks remain stalled. French school blockades resume as national strike looms French schools saw renewed blockades Tuesday ahead of a looming national strike, part of a third wave of youth-led protests over living costs and public services that have drawn 320,000+ marchers in recent weekends. Cyberattacks disrupt supermarket freezers across Europe Supermarkets in seven European countries reported suspected cyberattacks Monday that altered refrigeration temperatures, forcing retailers to discard spoiled products. Stores in Belgium, Luxembourg, Sweden and others were affected.

Spain mourns Tenerife striker as rail minister faces grilling, France braces for Thursday strike, and Poland deploys troops to Russian border. Daily Briefing — November 3, 2026 Spain's rail crash fallout and football tragedy dominate, France heads for Nov. 5 national strike, Zelensky visits Berlin, Poland in border alert. 🇫🇷 France Budget vote skipped, 49.3 invoked Formal vote on 2027 budget won't happen today after 758 amendments piled up; rapporteur Philippe Juvin announced rejection and use of Article 49.3 to force through. School blockades resume ahead of Nov. 5 strike 41 high schools blocked per ministry, 150 per students, as inter-union calls national strike Thursday over living costs. Paris route proposed Bastille to Nation, awaiting prefect approval. Attempted murder probe after Molotov attack Prosecutors opened probe after incendiary device exploded near gendarmes Oct. 31 near Porte de Charenton, setting officer's gear alight. 🇬🇧 UK Rail strikes cancelled for Poppy Day TSSA cancelled industrial action due Nov. 3 out of respect for Royal British Legion's Poppy Day, affecting Network Rail, Avanti West Coast and South Western Railway. Pensions to default to lifetime income Government unveiled plans Tuesday to make guaranteed lifetime income the default for 17 million defined-contribution savers, consultation open until Dec. 22. Student visa funds hiked from today Maintenance requirement rises from today: London £1,483 to £1,650/month, outside London £1,136 to £1,265. 🇪🇸 Spain Transport minister faces Congress today Óscar Puente appears at 5pm before Permanent Deputation over Oct. 28 high-speed collision that killed 69, Europe's worst since 2013. Government readies emergency aid package amid resignation calls. Tenerife striker Jesús de Miguel dies at 30 Jesús de Miguel died Tuesday morning after Monday's head/chest collision with Andorra keeper Jesús Owono. RFEF postponed all Copa del Rey and Copa de la Reina matches today. Police clear Puerta del Sol housing camp

China's central bank formally shifted its policy anchor today, while factory data painted a split picture between official and private surveys: Monetary policy – new era starts today: • PBOC began daily overnight reverse repo operations this morning at 1.25%, replacing the 7-day rate as its main policy anchor. It injected 541 billion yuan ($81.3B) through the facility on day one. • Analysts say the move to a Fed-style overnight anchor should ease funding conditions. Factories – two-speed read: • Private RatingDog PMI edged down to 52.0 in October from 52.1 in September, beating forecast of 51.6 and marking an 11th straight month of expansion. Output rose at its fastest in six months even as export order growth slowed. • That contrasts with Saturday's official NBS PMI at 49.3, back in contraction, highlighting the divide between larger state firms and smaller export-oriented manufacturers. Trade / minerals overhang: • Weekend overhang from Quad foreign ministers flagging concerns over export restrictions and economic coercion, and IEA warning that full implementation of China's expanded rare earth controls could put $6.5T in annual industrial production outside China at risk. What to watch: How banks price off the new 1.25% overnight anchor through the week, and whether the private-sector resilience shows up in exports data.

Chinese stocks rebounded today on expanded government support after October's sharp selloff: Markets / policy support: • Chinese mainland markets rose Monday as financial regulators unveiled measures to stabilize prices after the worst selloff in a decade last month • PBOC will conduct its third swap facility for securities, funds and insurers today, with 31 institutions seeking more than 100 billion yuan ($15B) in liquidity to buy stocks • Securities regulator has told investment banks to pause IPOs and suspended large share sales until markets recover, FT reported Tuesday citing three people familiar Yuan / FX: • PBOC will raise the FX reserve requirement ratio from 4% to 6% effective Nov 15 to slow the yuan's rapid appreciation Economy / industry: • NDRC said Tuesday China will strengthen support for emerging pillar industries, projecting output value to exceed 10 trillion yuan (∼$1.4T) by end of 2026-2030 plan, nearly doubling from ∼6 trillion yuan last year • Citi estimates October trade stayed strong, with exports growth accelerating to 38% y/y and imports at 36% Geopolitics / tech: • China's top general Zhang Shengmin told Russia's Defence Minister Andrei Belousov in Beijing Tuesday that Beijing wants to bolster strategic communication and mutual trust in the military field • 2026 World Internet Conference Wuzhen Summit kicked off today in Zhejiang, running through Nov 5 Watch: IPO pause confirmation, yuan moves after the FX rule change, and October trade data due soon.