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Horizon — 26 October 2026

Monday 26 October 2026

World Geopolitics Markets

Briefing for 26 October 2026. Storms Boelo and Austen strike northern Europe. Markets: Bitcoin $79,905 · VIX 19.66 · CAC 40 7,783 · Brent $110.19 · S&P 500 7,624 · Hang Seng 23,200

The last thirty days

World

Storms Boelo and Austen strike northern Europe and cut electricity to 150,000 homes; elsewhere, a deadly attack on a Nigerian village and an attack on health workers fighting Ebola in DR Congo.

Illustration : Scotland (United Kingdom)
Illustration : Scotland (United Kingdom)User:MaiDireLollo · Public domain · Wikimedia Commons
Top story
01

Storms Boelo and Austen strike northern Europe

United Kingdom · 3 sources

Storms Boelo and Austen killed one person in Scotland and cut electricity to around 150,000 homes in the United Kingdom, France and Germany. A flood alert is in effect in Scotland, and dozens of flights have been cancelled at Amsterdam airport.

Why it matters

Disruptions are affecting several European countries at once: power grid, air transport and flood risk.

Illustration : Nigeria — Port Harcourt
Illustration : Nigeria — Port HarcourtKalabarian · CC BY-SA 3.0 · Wikimedia Commons
Nigeria · 1 source
02

Nigeria: death toll from village attack rises to 48

Armed men on motorcycles attacked an isolated village in Nigeria on Friday, looting shops and setting houses on fire. According to police, the death toll now stands at 48.

Why it matters

It is one of the deadliest attacks of this type in the period, and the toll has risen since initial figures.

1 source
Nigeria
Democratic Republic of the Congo · 1 source
03

DR Congo: nurse killed in attack on health workers fighting Ebola

In eastern DR Congo, assailants killed a nurse and wounded a health worker who was intervening in an Ebola case. This attack adds to others targeting health workers engaged in fighting the epidemic.

Why it matters

Violence against health teams is complicating the response to a deadly epidemic.

1 source
Jordan · 2 sources
04

Jordan: three suspects arrested after attack on Orthodox church

Three men were arrested after an attack carried out Friday by armed men against an Orthodox church in the village of Hammoud, in southern Jordan. The latest toll stands at nine dead; the three suspects were wounded in a dawn shootout.

Why it matters

The attack is unprecedented against Christians in the kingdom.

Jordan
Spain · 1 source
05

Coach plunges into ravine near Barcelona: 83 injured

A coach left a narrow, winding road near Barcelona before falling down a 20-metre embankment. Rescue services report 83 injured, including 7 seriously.

Why it matters

The number of injured makes this a serious road accident.

1 source
Spain

In brief

Geopolitics

Lula is re-elected in Brazil and Aleksandar Vucic loses the legislative elections in Serbia, while strikes continue in Ukraine and Houthis target Riyadh airport again.

Illustration : Palácio do Planalto
Illustration : Palácio do PlanaltoMichel Temer · CC BY 2.0 · Wikimedia Commons
Top story
01

Brazil: Lula re-elected president, Flavio Bolsonaro contests the election

Brazil · 4 sources

Luiz Inacio Lula da Silva won the second round of the presidential election with 51.8% of the vote against Flavio Bolsonaro, for a fourth term. Flavio Bolsonaro refuses to acknowledge the victory and announces he will seek to annul the election, after a two-hour extension of voting decided by a Supreme Court judge.

Why it matters

Lula wins after losing in the first round; contestation of the result and lack of a majority in Congress make the new term difficult.

Illustration : Belgrade
Illustration : BelgradeZeks127 · CC BY-SA 4.0 · Wikimedia Commons
Serbia · 4 sources
02

Serbia: Aleksandar Vucic acknowledges defeat in legislative elections

Aleksandar Vucic, who has dominated Serbian politics for fourteen years, has acknowledged his defeat in snap legislative elections to the student movement. The movement had led protests for nearly two years, following the collapse of a canopy at Novi Sad railway station that killed 16.

Why it matters

The country will experience major democratic change after fourteen years of rule by the same leader.

Serbia
Venezuela · 4 sources
03

Venezuela: Maria Corina Machado returns after nearly a year in exile

Venezuelan opposition leader and Nobel Peace Prize winner Maria Corina Machado has returned to Venezuela after nearly a year in exile and several attempted returns. She left the country a month before the United States captured president Nicolás Maduro, and interim president Delcy Rodriguez has, to date, called no elections.

Why it matters

The return of the opposition leader revives the question of democratic transition in Venezuela.

Venezuela
Israel · 4 sources
04

Israel: legislative elections on 27 October under high tension

More than 7 million Israelis will vote on 27 October to elect the 120 deputies of the Knesset. Polls show Benjamin Netanyahu and his rival Gadi Eisenkot neck and neck, and tens of thousands of Israelis abroad are returning to vote.

Why it matters

The election comes after three years of regional war, and security and democracy are the central issues.

Israel
Algeria, Niger · 1 source
05

Algeria: Parliament authorizes deployment of troops to Niger

Algerian deputies and senators approved on Sunday the deployment of military units of the Algerian army to Niger. This decision ends more than six decades of doctrine of non-intervention outside the country's borders.

Why it matters

It is a break in Algeria's defence policy.

1 source
Algeria Niger
Palestine · 1 source
06

West Bank: Israeli army forcibly displaces over 2,670 Palestinians in Hebron

According to the Palestinian Authority, over 2,670 Palestinians have been forcibly displaced in Hebron by the Israeli army. On Sunday, Israeli soldiers remained deployed in the streets of the largest city in occupied Palestinian territory.

Why it matters

The number of people displaced makes it one of the largest recent displacements in the West Bank.

1 source
Palestine
Saudi Arabia, Yemen · 2 sources
07

Houthis target Riyadh airport, coalition intercepts missile

The Saudi-led coalition says it intercepted a ballistic missile fired by Houthi forces from Yemen, who claim a new attack on Riyadh airport. An attack this month on the airport killed 13 and wounded over 300.

Why it matters

The intensification of the conflict between Houthis and Saudi Arabia now directly threatens civilian infrastructure.

Saudi Arabia Yemen
Ukraine · 2 sources
08

Ukraine: new Russian strikes on energy infrastructure

Russian strikes wounded at least six people in the Chernihiv and Zaporizhia regions. Moscow says it struck electrical substations in Kharkiv and in Khmelnytskiy oblast. Volodymyr Zelensky says Kyiv will not stop targeting Russian refineries unless Moscow stops striking the power grid.

Why it matters

The war continues to target the energy networks of both sides.

Ukraine

In brief

  • South KoreaSouth Korean president Lee Jae-myung deems his country's accession to the CPTPP agreement unlikely during his term.The Straits Times ↗
  • BrazilLeft and right-wing leaders in Latin America hailed Lula's re-election, with some seeing it as a victory for democracy.France 24 ↗
  • ChinaThe Chinese Communist Party opened a four-day plenum devoted to party discipline and fighting corruption.South China Morning Post ↗
  • United KingdomBritish Prime Minister Andy Burnham says he is open to debate on the return of free movement between the United Kingdom and the European Union.Politico Europe ↗
  • North KoreaSouth KoreaNorth Korea claims before the UN that Seoul fabricated the explosion of a landmine that occurred in September.Al Jazeera ↗
  • CanadaA summit between the European Union and Canada is to be held this week, with the two sides disagreeing on the nature of their relationship.Politico Europe ↗

Markets

European and American markets are slightly down, Brent falls 6% to 109.62 dollars and natural gas jumps 13% to 2.99 dollars; Moody's maintains France's rating.

Theme illustration : Trading floor
Theme illustration : Trading floorAnk Kumar · CC BY-SA 4.0 · Wikimedia Commons
Top story
01

Moody's maintains France's rating at double A

France · 1 source

American rating agency Moody's has maintained France's double A rating, despite budgetary and social tensions. Markets already demand higher returns to finance French debt.

Why it matters

The rating partly determines the cost at which the French state borrows, in a tense budgetary and social context.

1 source
Illustration : France — Paris
Illustration : France — ParisYann Caradec from Paris, France · CC BY-SA 2.0 · Wikimedia Commons
France · 1 source
02

France: decree releases strategic diesel stocks

A decree setting the economic conditions for the release of strategic diesel stocks was published on Saturday. The government expects it to lower the price of diesel by 12 to 18 cents.

Why it matters

The measure directly targets the price of fuel paid by households and businesses.

1 source
France
United States · 2 sources
03

Audi invests 4.2 billion dollars in a US plant

Audi plans to build its first American factory, a 4.2 billion dollar investment. The project would create 4,500 jobs in Georgia, and Donald Trump announced it at a campaign rally.

Why it matters

The Volkswagen group is investing in the United States while cutting jobs at home, in a context of American tariffs and Chinese competition.

United States
Japan · 2 sources
04

Japan: companies compensate customers after cyberattacks

Several Japanese companies are compensating customers after a wave of cyberattacks that disrupted internet services. GMO Internet is paying 5,000 yen to each of its customers, as a first commercial gesture.

Why it matters

The attacks have raised concerns about the country's economic stability.

Japan
Zambia, China · 1 source
05

Zambia: Chinese loans at the origin of a debt spiral

Confidential banking documents show that loans from the Industrial and Commercial Bank of China contributed to financially strangling Zambia.

Why it matters

The investigation sheds light on the mechanisms that led the African country to over-indebtedness.

1 source
Zambia China
Malaysia · 1 source
06

SoftBank plans 50 billion dollars in investments in Malaysia

SoftBank plans to invest 50 billion dollars in artificial intelligence in Malaysia, according to the Malaysian prime minister.

Why it matters

It is a very significant financial commitment in AI in Southeast Asia.

1 source
Malaysia

In brief

  • United KingdomThe United Kingdom will present its Budget on 28 October, the first of Prime Minister Andy Burnham, with a billion pounds for social housing.BBC Business ↗
  • AustraliaPerfection Fresh Australia, Australia's second-largest vegetable producer, admits to fixing the prices of broccoli, cauliflower and lettuce sold to Aldi stores.ABC News (Australie) ↗
  • United StatesElon Musk says SpaceX has concluded a 40 billion dollar debt agreement.MarketWatch ↗
  • United KingdomNationwide is cutting 275 additional jobs following the takeover of Virgin Money to streamline its operations.The Guardian Business ↗
  • MacauMacao casinos are paying 1.1 billion dollars to support the diversification of the city's economy.Nikkei Asia ↗
  • United StatesMore than a third of S&P 500 companies are publishing their results this week, in a climate of fragile confidence.MarketWatch ↗

Closing prices on 26 October 2026

Last close recorded for the briefing of 26 October 2026 (crypto: price at publication time, in US dollars). Information only, not financial advice. All markets and charts →

Today's indicators

Deterministic data, calculated by threshold or taken as-is from official sources — never judged by the model.

Markets

Closing prices and changes
ValueCloseChange
CAC 40 7,782.82 ↓ -0.36 %
DAX 25,181.65 ↓ -0.75 %
FTSE 100 10,690.36 ↓ -0.32 %
S&P 500 7,623.68 ↓ -0.52 %
Nasdaq 25,955.34 ↓ -0.21 %
Nikkei 225 62,189.65 ↓ -0.80 %
Hang Seng 23,200.08 ↑ +0.46 %
VIX 19.66 ↑ +1.08 %
Petrole Brent 110.19 ↓ -5.59 %
Gaz naturel 3 ↑ +13.48 %
Or 4,021.7 ↑ +0.34 %
EUR/USD 1.12 ↓ -0.09 %

General, non-personalized information. Does not constitute investment advice, a recommendation, or a solicitation to buy or sell.

Crypto

Prices and changes of major cryptocurrencies
ValuePrice24h change
Bitcoin 79,905 USD ↓ -0.81 %
Ethereum 2,312.58 USD ↓ -1.34 %
BNB 737.4 USD ↓ -0.99 %
Solana 100.43 USD ↓ -1.16 %
XRP 1.28 USD ↓ -1.78 %

aucun seuil franchi, marchés crypto calmes

General, non-personalized information. Does not constitute investment advice, a recommendation, or a solicitation to buy or sell.

Supply chain

A combined reading of traffic through strategic straits and energy prices: two signals of the same possible tension on global supply chains. The more severe of the two prevails.

Energy prices and changes
ValuePriceChange
Petrole Brent 110.19 USD ↓ -5.59 %
Gaz naturel 3 USD ↑ +13.48 %
  • Bab el-Mandeb — traffic at 88% of normal levels data from 18 October
  • Ormuz — traffic at 75% of normal levels data from 18 October
  • Malacca — traffic at 98% of normal levels data from 18 October
  • Suez — traffic at 105% of normal levels data from 18 October
  • Panama — traffic at 100% of normal levels data from 18 October
  • Bosphore — traffic at 88% of normal levels data from 18 October
  • Gibraltar — traffic at 94% of normal levels data from 18 October
  • Douvres — traffic at 108% of normal levels data from 18 October
  • Taïwan — traffic at 96% of normal levels data from 18 October
  • Cap de Bonne-Espérance — traffic at 101% of normal levels data from 18 October

Gaz naturel en hausse de 13.48 % sur la séance

International sanctions

Daily movement on the consolidated lists of OFAC (US Treasury) and the UN Security Council: the total almost never moves from one day to the next — the signal is the new entries since the last reading.

No new entries since the last reading.

19,471 entries tracked at OFAC (US Treasury) · 1,007 entries tracked at the UN

Cyber

53 ransomware claim(s) recorded worldwide over the last 48 hours (source: RansomLook). These are claims made by criminal groups on their own leak sites, never independently verified.

scarlettgroup

mahsing.com.my

scarlettgroup claims to have compromised this organization.

whitearmor

LoveSac

whitearmor claims to have compromised this organization.

whitearmor

WhiteArmor.cc

whitearmor claims to have compromised this organization.

whitearmor

J.B Hunt

whitearmor claims to have compromised this organization.

payload

Glückauf-Vermessung GmbH

payload claims to have compromised this organization.

payload

Miletic GmbH

payload claims to have compromised this organization.

Connectivity

Significant internet outages detected by IODA (Georgia Tech) over the last 48h.

  • Norfolk Island — traffic at 36% of normal levels

The world in figures

The background to that day's news: public data (conflicts, earthquakes, commodities, agenda). They are not part of the colours or the risk index.

Coming up

as of 26 October 2026

Major central bank decisions and national elections in the following weeks, as known that day.

  • 27 Octobernext day Israel · Knesset
  • 28 OctoberD+2 Fed: interest rate decision
  • 29 OctoberD+3 ECB: interest rate decision
  • 1 NovemberD+6 Bulgaria · President (2nd round)
  • 3 NovemberD+8 United States · House of Representatives and Senate
  • 5 NovemberD+10 Grenada · Parliament
  • 7 NovemberD+12 New Zealand · Parliament
  • 15 NovemberD+20 Cape Verde · President
  • 29 NovemberD+34 Spain · Senate and Congress of Deputies

Source : Fed, ECB, Wikipedia (electoral calendar)

Armed conflict

September 2026

13,286 estimated deaths · 43 countries

  • Ukraine 6,202
  • Yemen 2,924
  • Pakistan 667
  • Ethiopia 609
  • Nigeria 451
  • Sudan 277
  • Mexico 262

Central estimate, provisional monthly data; change versus the previous month.

Source : UCDP, Uppsala University (CC BY 4.0) ↗

Earthquakes

previous 7 days

193 of magnitude 4.5+ · 9 of 6+

  • 7.0 China 22 October · orange alert
  • 7.0 Bonin Islands, Japan region 24 October
  • 7.0 Bonin Islands, Japan region 24 October
  • 6.9 Vanuatu 24 October
  • 6.5 Bonin Islands, Japan region 25 October

Source : USGS (public domain) ↗

Commodities

September 2026

Monthly average world prices in US dollars; indices 2010 = 100.

Level1 month1 year
Energy149+25.7 %+70.0 %
Food124+3.8 %+15.8 %
Fertilizers147+0.4 %−1.7 %
Base metals166+0.8 %+35.1 %
Precious metals339−1.9 %+22.6 %
Detailed prices
Level1 month1 year
Brent crude117 $/bbl+28.5 %+71.8 %
Natural gas (Europe)25.42 $/MMBtu+20.4 %+128.6 %
Wheat347 $/t+5.2 %+48.4 %
Maize240 $/t+7.0 %+21.4 %
Rice482 $/t+2.3 %+28.9 %
Cocoa5.92 $/kg−0.5 %−15.8 %
Arabica coffee7.26 $/kg−8.9 %−17.8 %
Copper14,474 $/t+1.0 %+45.0 %
Gold4,319 $/oz−2.1 %+17.7 %

Source : World Bank, Pink Sheet (CC BY 4.0) ↗

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