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Treasury Secretary Bessent moved to military base after Iranian threats, New York Times reportsWorld · 1d1 / 3Nation in Shorts
World Affairs

Treasury Secretary Bessent moved to military base after Iranian threats, New York Times reports

US Treasury Secretary Scott Bessent has moved out of his home and onto a military base after Iranian threats against his life, The New York Times reported on Tuesday, citing three people with knowledge of the matter. US officials concluded in recent weeks that Iranian plotting against current and former American officials had reached a more advanced stage. A Treasury spokesperson said Bessent will not be deterred by Iran’s threats. Reuters said the severity of the threats was not immediately clear.

Scott Bessent Iran Washington, D.C
Iran war and global inflation · 3 updates
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AI-generated symbolic illustration of seven chairs at a Paris conference table overlooking the SeineWorld · 3d2 / 3AI-generated illustration
World Affairs

G7 foreign ministers meet in Paris as Ukraine talks and Iran risk dominate agenda

G7 foreign ministers began two days of talks in Paris on Monday 9 November, Kuwait Times reported, with the war in Ukraine and the risk of new US strikes on Iran at the top of the agenda. US Secretary of State Marco Rubio is attending both days. Europeans want a fair Ukraine settlement before US-mediated Russia and Ukraine talks in Abu Dhabi on 10 and 11 November.

G7 Paris Iran
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AI-generated architectural illustration representing the Bank of England in LondonWorld · 5d3 / 3AI-generated illustration
Markets

Bank of England raises rates to 4% in first hike since 2023, warns more may follow

The Bank of England raised its Bank Rate by a quarter point to 4%, its first increase since August 2023, and warned more rises were likely if the US-Iran conflict continues. The Monetary Policy Committee voted 8-1, with Catherine Mann wanting a bigger rise. The bank expects inflation to peak at 4.8% next year, more than double its target, while household incomes fall.

Bank of England Andrew Bailey Catherine Mann
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