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You are reading an archived briefing, as published on 11 November 2026 (1 day before the latest briefing).

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Archives11 November 2026

Horizon — 11 November 2026

Wednesday 11 November 2026

World Geopolitics Markets

Briefing for 11 November 2026. The Ebola epidemic exceeds 11,000 cases. Markets: Bitcoin $73,987 · VIX 18.58 · CAC 40 8,308 · Brent $92.83 · S&P 500 7,521 · Hang Seng 24,316

The last thirty days

World

The Ebola epidemic in DRC exceeds 11,000 confirmed cases, while COP31 opens in Antalya without many leaders and a report announces an unprecedented decline in fossil fuel emissions.

Theme illustration : Ebola virus (electron micrograph)
Theme illustration : Ebola virus (electron micrograph)CDC Global · CC BY 2.0 · Wikimedia Commons
Top story
01

The Ebola epidemic exceeds 11,000 cases

Democratic Republic of the Congo · 3 sources

The number of confirmed Ebola cases in the Democratic Republic of the Congo has exceeded 11,000, according to government data. The death toll reaches 5,387. Authorities are struggling to contain the country's largest Ebola epidemic, due to late detection and conflicts.

Why it matters

The epidemic, declared in mid-May, continues to spread despite efforts by authorities, in a context of conflict and a health system in crisis.

3 sources
Al JazeeraThe HinduDaily Maverick
Theme illustration : Earth seen from space
Theme illustration : Earth seen from spaceNASA Johnson Space Center · Public domain · Wikimedia Commons
1 source
02

Emissions from fossil fuels decline in 2026

On the second day of COP31, the annual Global Carbon Budget report indicates that emissions from fossil fuels are declining. This trend is presented as unprecedented in the 21st century.

Why it matters

The report is presented during the climate conference, while the question of the sustainability of this decline is being raised.

1 source
Courrier international
Turkey · 4 sources
03

COP31: a leaders' summit shunned by many leaders

Many heads of state and government are not making the trip to Antalya for COP31, whose leaders' summit is being held in restricted committee on Wednesday and Thursday. Turkey, the host country, is promoting a voluntary initiative to accelerate the electrification of transport, buildings and industry. Activist Greta Thunberg called on leaders to put people and the planet before profit.

Why it matters

The absence of major figures raises questions about the political weight of the conference. Nepal also indicates that the Himalaya issue was not included on the formal agenda due to lack of support from major blocs.

4 sources
France 24The HinduAl JazeeraThe Hindu
Turkey
Kenya · 1 source
04

Kenya: heavy flooding feared with El Niño

Forecasters warn that this year's El Niño could be one of the most powerful ever recorded. It could cause heavy rains and flooding in Kenya, where the population says it fears its effects.

Why it matters

This climate episode threatens populations and agriculture in several regions, including Kenya.

1 source
BBC World
Kenya
Senegal · 1 source
05

Senegal: at least 39 migrants dead in pirogue sinking

The wreckage of the pirogue that capsized Friday afternoon was found on Tébène 2 beach, in northeastern Senegal. The sinking claimed the lives of at least 39 migrants.

Why it matters

The death toll, revised upward from the 35 deaths previously announced, underscores the severity of migrant crossings and the grief of families.

1 source
France 24
Senegal
South Korea · 3 sources
06

South Korea: bus hits 32 vehicles in Bundang

A public bus hit 32 vehicles in the Bundang district in South Korea before hitting a central median. According to firefighters, nine people are seriously injured and 48 slightly, for a total of 57 injured.

Why it matters

The accident involves four buses, one truck and 27 cars and causes many injuries.

3 sources
The Straits TimesThe Straits TimesThe Hindu
South Korea
Thailand · 2 sources
07

Cyberattacks: Thailand strengthens aviation security

Thailand has ordered a tightening of cybersecurity in aviation following data breaches affecting several airlines in Asia. The cases involved a shared booking system and appeared the previous week. In Malaysia, the population is also taking precautions against the escalation of cyberattacks worldwide.

Why it matters

A flaw in a common system can affect multiple airlines at once.

2 sources
The Straits TimesThe Straits Times
Thailand

In brief

  • PeruPeru erected a 14-meter-high statue of Pope Leo XIV in Callao, built in fiberglass in forty-five days.Courrier international ↗
  • United StatesIn the United States, the FDA orders manufacturers of GLP-1 drugs such as Ozempic and Wegovy to add a warning about a rare eye disease, NAION.BBC World ↗
  • Trinidad and TobagoIn Trinidad and Tobago, the courts struck down laws against homosexuality, ending eleven years of legal battle.BBC World ↗
  • PakistanIn Pakistan, three polio vaccination workers were abducted by armed men in Tank district, in Khyber Pakhtunkhwa.The Hindu ↗
  • BrazilIn Brazil, Meta was fined 7.5 million reais for unequal treatment between Lula and Flavio Bolsonaro during the presidential campaign.France 24 ↗
  • United StatesA report by the Republican-led U.S. Congress concludes that federal authorities could have prevented Epstein's crimes.BBC World ↗

Geopolitics

Trilateral talks between Kyiv, Moscow and Washington continue in Abu Dhabi, while the United States indicts three Iranian agents and Congress blocks Pete Hegseth's impeachment.

Illustration : Abu Dhabi (United Arab Emirates)
Illustration : Abu Dhabi (United Arab Emirates)Валерий Дед · CC BY 3.0 · Wikimedia Commons
Top story
01

Abu Dhabi: Zelensky deems first day of talks constructive

United Arab Emirates, Ukraine · 4 sources

The first trilateral talks since February continue Wednesday in the United Arab Emirates. Volodymyr Zelensky deemed the first day constructive and said he was satisfied with Washington's change of approach. According to Le Monde, the Russian side, reluctant about the idea of a ceasefire, remained firm in its positions.

Why it matters

These discussions are the main negotiating channel on the war in Ukraine, but their outcome remains uncertain, with some observers in Kyiv deeming them of little use.

4 sources
France 24BBC WorldLe MondeCourrier international
Illustration : Fairford (United Kingdom)
Illustration : Fairford (United Kingdom)Myself (Adrian Pingstone). · Public domain · Wikimedia Commons
United Kingdom, United States · 4 sources
02

United States indicts three Iranian agents after Fairford incident

Washington has indicted three men presented as Iranian agents, including a suspected leader of the Hezbollah Brigades already imprisoned in the United States. They are accused of preparing in September a plot to attack the Fairford base in southwestern England, used by American forces. On September 27, British police intervened near this base.

Why it matters

The case implicates Iran in plans for attacks targeting American military installations in Europe.

4 sources
France 24Le MondeBBC WorldAl Jazeera
United Kingdom United States
United Kingdom · 3 sources
03

American soldier arrested in UK for spying for Russia

British counterterrorism police arrested a 41-year-old American soldier suspected of spying for Russia, following an investigation conducted in close collaboration with American authorities. He is suspected of violations of the British 2023 National Security Act and is being questioned in London.

Why it matters

This is a case of Russian espionage targeting an American soldier on British territory, between two allies.

3 sources
France 24Le MondeBBC World
United Kingdom
United States · 4 sources
04

House refers Pete Hegseth impeachment to committee

The House of Representatives, with a Republican majority until January, voted Tuesday to refer the impeachment procedure against Pete Hegseth to committee. Republican Thomas Massie cited eight grounds, including war in Iran and extrajudicial executions in the Caribbean. Eleven Democrats were absent during the vote.

Why it matters

Democrats can restart the procedure next year.

4 sources
France 24Le MondeBBC WorldAl Jazeera
United States
Haiti, El Salvador · 2 sources
05

Haiti: El Salvador says it destroyed 400 Mawozo gang headquarters

Salvadoran President Nayib Bukele said Tuesday that his soldiers destroyed the headquarters of one of Haiti's main gangs, 400 Mawozo. More than 2,000 Salvadoran soldiers are deployed in the country against gang violence.

Why it matters

Salvadoran military intervention becomes a central player in the fight against gangs in Haiti.

2 sources
France 24BBC World
Haiti El Salvador
Israel · 4 sources
06

Israel: Eisenkot wants commission of inquiry into October 7

Gadi Eisenkot's party announced the filing of a bill creating a commission of inquiry into October 7, upon the opening of the new Knesset session. The new Parliament was sworn in, and Eisenkot has the first chance to form a government to oust Benyamin Netanyahu.

Why it matters

This legislative offensive increases pressure on Benyamin Netanyahu, who seeks to prevent a government led by the opposition.

4 sources
Courrier internationalBBC WorldAl JazeeraCourrier international
Israel
Iran, United States · 2 sources
07

Strait of Hormuz: Tehran says no negotiations are underway with United States

A senior Iranian security official says no discussions are underway with Washington. Iran demands that the United States fulfill seven conditions of a provisional agreement from June before reopening the Strait of Hormuz. Secretary of State Marco Rubio for his part deems there is "no need" to attack Iran, while Tehran maintains its offer to reopen Hormuz within two days.

Why it matters

The reopening of the strait conditions the resumption of negotiations between Tehran and Washington.

2 sources
The HinduThe Hindu
Iran United States
Yemen · 1 source
08

Yemen: government forces and Houthis exchange attacks

The Yemeni government says 190 Houthi fighters were killed or wounded. The Houthis for their part claim to have inflicted heavy blows on their opponents.

Why it matters

Fighting continues in Yemen, with no possibility of independently verifying the casualty figures of both sides.

1 source
Al Jazeera
Yemen

In brief

  • United StatesIn the United States, Jim Jordan, a very conservative Trumpist, was elected head of the Republican minority in the House of Representatives.France 24 ↗
  • PakistanFormer Pakistani Prime Minister Imran Khan was re-imprisoned after medical care at Islamabad hospital.The Straits Times ↗
  • KyrgyzstanKyrgyz President Sadyr Japarov filed his candidacy for a second presidential term.The Straits Times ↗
  • MalaysiaFormer Malaysian Prime Minister Najib Razak left prison for house arrest, following his conviction in the 1MDB scandal.BBC World ↗
  • TaiwanMalaysiaTaiwan suspends investment discussions with Malaysia after remarks by Prime Minister Anwar Ibrahim.South China Morning Post ↗
  • PolandPoland says the Pentagon supports a permanent American base on its soil, with Donald Trump's decision expected in December.Politico Europe ↗
  • LebanonFormer Iraqi deputy Ahmed al-Alwani was found dead in an apartment in Beirut; Lebanese authorities are investigating.Al Jazeera ↗

Markets

Markets remain calm: the CAC 40 gains 0.55% and the Nikkei 1.31%, while the Nasdaq falls 0.74% and Brent stands at 91.91 dollars.

Theme illustration : Silicon wafer (semiconductors)
Theme illustration : Silicon wafer (semiconductors)Rob Bulmahn · CC BY 2.0 · Wikimedia Commons
Top story
01

Nvidia hires Wachtell Lipton to investigate Jensen Huang

United States · 4 sources

Nvidia has hired Wachtell Lipton to conduct an independent investigation following the revelation of an affair involving its CEO, Jensen Huang, with a woman suspected of spying for China. Donald Trump said the FBI was investigating the matter. Meanwhile, a Chinese university linked to the military, despite being on the American blacklist, purchased Nvidia H200 chips last month.

Why it matters

The case affects the governance of one of the most powerful artificial intelligence groups, and fuels concerns about the lack of a succession plan.

4 sources
BBC WorldPolitico EuropeMarketWatchBBC Business
Theme illustration : Federal Reserve headquarters, Washington
Theme illustration : Federal Reserve headquarters, WashingtonAgnosticPreachersKid · CC BY-SA 3.0 · Wikimedia Commons
United States · 2 sources
02

United States: October inflation higher than expected

American consumer prices rose 0.4% in October, more than expected. The increase is driven by housing, food and energy. In the United States, the yield on 10-year Treasury bonds is approaching 5% and managers are opposed to another 25 basis point increase in the Fed's key rate.

Why it matters

Higher-than-expected inflation fuels fears of another rate hike.

2 sources
BBC BusinessMarketWatch
United States
United States · 1 source
03

Anthropic group prepares for IPO

The creator of the Claude chatbot sets its share offering between 70 and 78 dollars, a range below expectations. It aims for a valuation of 1,300 billion dollars at its stock market debut, despite a warning described as "catastrophic" on artificial intelligence.

Why it matters

The operation is one of the largest in artificial intelligence, amid doubts about a possible bubble in the sector.

1 source
BBC Business
United States
Australia · 1 source
04

David Jones closes half its stores

Australian department store David Jones, the country's oldest, will close half its stores as part of an urgent restructuring, with massive job cuts. It went into voluntary administration last week after years of significant losses.

Why it matters

The bankruptcy of a historic retailer leads to massive job losses in Australia.

1 source
The Guardian (Australie)
Australia
Australia · 2 sources
05

Australia: credit to property investors falls at record pace

New loans to property investors fell 31% in the third quarter, a record decline. The share of CBA customers in repayment difficulties reaches a twelve-year high.

Why it matters

Repayment delays and investor withdrawal signal a property market under strain.

2 sources
The Guardian (Australie)ABC News (Australie)
Australia
Poland, Qatar · 1 source
06

Poland: Orlen cancels LNG contract with QatarEnergy

Polish group Orlen becomes the first buyer to cancel a liquefied natural gas contract concluded with QatarEnergy.

Why it matters

The move comes in a context of upheaval in the Gulf energy market, where war disrupts supply strategies.

1 source
The National
Poland Qatar
3 sources
07

EU wants to impose two-click cancellation and ban addictive designs

The European Commission proposes, with the Digital Fairness Act, to ban subscription traps and addictive designs and to impose two-click cancellation. Companies would face fines if they resort to practices such as dynamic pricing. According to official data, "problematic" digital practices cost individuals 10.3 billion euros per year.

Why it matters

These rules would aim to better protect consumers online in the European Union.

3 sources
Politico EuropeLa TribuneThe Japan Times

In brief

Closing prices on 11 November 2026

Last close recorded for the briefing of 11 November 2026 (crypto: price at publication time, in US dollars). Information only, not financial advice. All markets and charts →

And afterwards?

Four market benchmarks as recorded in this briefing, then in the next one and five briefings later.

11 Nov.12 Nov.5 briefings later
CAC 408,308.36+0.3%—
S&P 5007,520.93+1.31%—
Brent crude92.83+0.43%—
Gold4,062.5−2.32%—

A dated record, not an explanation: many other things happened on those days, and nothing here says this briefing's news moved these prices. Each briefing carries the last close known that morning, so weekends repeat Friday's value. Information only, not financial advice.

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 8,308.36 ↑ +0.36 %
DAX 26,534.09 ↑ +0.71 %
FTSE 100 10,797.42 ↑ +0.43 %
S&P 500 7,520.93 ↓ -0.38 %
Nasdaq 25,065.88 ↓ -0.74 %
Nikkei 225 61,248.59 ↑ +1.31 %
Hang Seng 24,315.92 ↓ -0.98 %
VIX 18.58 ↓ -4.52 %
Petrole Brent 92.83 ↑ +1.46 %
Gaz naturel 3.31 ↑ +0.49 %
Or 4,062.5 ↑ +0.80 %
EUR/USD 1.11 ↓ -0.78 %

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 73,987 USD ↓ -0.27 %
Ethereum 2,056.03 USD ↓ -1.68 %
BNB 681.07 USD ↓ -0.97 %
Solana 83.82 USD ↓ -0.78 %
XRP 1.06 USD ↓ -2.17 %

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 92.83 USD ↑ +1.46 %
Gaz naturel 3.31 USD ↑ +0.49 %
  • Bab el-Mandeb — traffic at 123% of normal levels data from 7 November
  • Ormuz — traffic at 75% of normal levels data from 7 November
  • Malacca — traffic at 102% of normal levels data from 7 November
  • Suez — traffic at 103% of normal levels data from 7 November
  • Panama — traffic at 94% of normal levels data from 7 November
  • Bosphore — traffic at 78% of normal levels data from 7 November
  • Gibraltar — traffic at 107% of normal levels data from 7 November
  • Douvres — traffic at 112% of normal levels data from 7 November
  • Taïwan — traffic at 100% of normal levels data from 7 November
  • Cap de Bonne-Espérance — traffic at 101% of normal levels data from 7 November

Source: Global Fishing Watch (AIS vessel presence)

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.

19,563 entries tracked at OFAC (US Treasury) · 1,007 entries tracked at the UN

Cyber

151 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.

inc ransom

https://www.jnattorney.com/

inc ransom claims to have compromised this organization.

dark project

MTM&O Gold Refinery DMCC

dark project claims to have compromised this organization.

dark project

Bear Valley Community Hospital

dark project claims to have compromised this organization.

inc ransom

Roane Transportation Services

inc ransom claims to have compromised this organization.

inc ransom

Kolin

inc ransom claims to have compromised this organization.

inc ransom

Nota Groep

inc ransom claims to have compromised this organization.

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 11 November 2026

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

  • 15 NovemberD+4 Cape Verde · President
  • 29 NovemberD+18 Spain · Senate and Congress of Deputies
  • 29 NovemberD+18 Switzerland · Referendums
  • 5 DecemberD+24 Gambia · President
  • 5 DecemberD+24 6 December Northern Cyprus · Assembly of the Republic
  • 9 DecemberD+28 Fed: interest rate decision
  • 9 DecemberD+28 Fiji · Constitutional referendum
  • 13 DecemberD+32 Transnistria · President
  • 17 DecemberD+36 ECB: interest rate decision

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

92 of magnitude 4.5+ · 3 of 6+

  • 6.4 Solomon Islands 9 November
  • 6.1 Japan 6 November
  • 6.1 Fiji region 5 November
  • 5.8 central Mid-Atlantic Ridge 7 November
  • 5.7 Japan 9 November

Source : USGS (public domain) ↗

Commodities

October 2026

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

Level1 month1 year
Energy160+7.1 %+89.3 %
Food122−1.8 %+14.7 %
Fertilizers148+0.8 %+6.2 %
Base metals162−2.6 %+24.0 %
Precious metals318−6.2 %+3.3 %
Detailed prices
Level1 month1 year
Brent crude125 $/bbl+7.0 %+93.2 %
Natural gas (Europe)28.50 $/MMBtu+12.1 %+161.7 %
Wheat317 $/t−8.6 %+37.3 %
Maize227 $/t−5.5 %+14.3 %
Rice489 $/t+1.5 %+37.4 %
Cocoa5.75 $/kg−2.9 %−3.4 %
Arabica coffee7.40 $/kg+1.9 %−16.9 %
Copper14,508 $/t+0.2 %+35.1 %
Gold4,105 $/oz−5.0 %+1.2 %

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

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