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2026-11-02Monday
Occidental Petroleum CEO: Oil market must prepare for price volatility next year
Saudi Civil Defense: An alert has been issued in the Najran region, warning of potential dangers.
[Republicans Invest Urgently to Save Senate Races in Three States] ⑴ Republicans are investing tens of millions of dollars in final-stage advertising to try and salvage Republican senators in Kansas, South Carolina, and Mississippi, states the party says these three had ignored warnings of a precarious election outlook for months. ⑵ These three states typically have easier Senate races for Republicans, but this year the party has shifted resources from swing states to defending these seats, against a backdrop of polls showing a nationwide backlash against President Trump. ⑶ A Republican campaign manager involved in several key campaigns said the Democrats might win with a wave of enthusiasm, but this isn't a blue wave; rather, it's a wave of arrogance and laziness sweeping through these incumbent senators. ⑷ According to data compiled by campaign finance experts, the national Republican Party spent $33 million in Kansas, $21 million in South Carolina, and $2.4 million in Mississippi, with Trump also dedicating campaign time to these states. (5) Republicans say the three ignored warnings to raise more money and strengthen campaign organization. Tim Scott, chairman of the National Republican Senate Committee, warned in February 2025 against wasting time and money in areas where there shouldn't be competition. (6) The biggest complaints focused on Kansas Senator Roger Marshall, who raised only $7.5 million, compared to his Democratic opponent's $19 million. Republicans attributed this to his strained relationships with the banking and credit card industries and his lack of engagement with the lobbying community. (7) Republicans described Marshall's campaign as overconfident. About a month ago, his team claimed the campaign was essentially over within 10 days after releasing research on the opponent's opposition, but this proved not to be the case. Strategists blamed the weak organization on the chief of staff. (8) Mississippi Senator Cindy Hyde-Smith has long been considered a political underachiever. Despite warnings that major Democratic donors were prepared to invest heavily, she raised only $6.5 million, compared to $13.7 million from Democratic groups. (9) South Carolina Senator Darline Graham has been criticized for not utilizing the donation network of his late brother, Lindsey Graham. In the first two weeks of October, his Democratic opponent raised $4.2 million, far exceeding Graham's $570,000. (10) Some senior Republicans say the party needs to rethink how it treats complacent incumbent members of Congress by 2028 and make it clear that campaign organizations cannot be treated as charities.
Russian Foreign Ministry: Signs of planning new military action against Iran are extremely worrying
[National Development and Reform Commission and Omani Relevant Departments Sign Cooperation Documents on BeiDou Satellite and Other Areas] On November 2, 2026, witnessed by the heads of state of China and Oman, Zheng Shanjie, Director of the National Development and Reform Commission (NDRC), and the head of the Omani Ministry of Transport, Communications and Information Technology signed a Memorandum of Understanding on Cooperation in the Application of the BeiDou Satellite Navigation System, clarifying the direction of cooperation in the application of BeiDou and establishing a regular cooperation mechanism in this field. In addition, Liu Liehong, Director of the National Bureau of Data Science and Technology, and the head of the Omani Ministry of Transport, Communications and Information Technology signed a Memorandum of Understanding on Strengthening Cooperation in the Field of Data and Digital Economy. The two sides will exchange experiences and cooperate on digital economy, digital transformation, information technology industry development, talent training and capacity building, cultivation of technology startups and SMEs, and legislation, strategies and policies in the field of data and digital economy.
[Results of the German 12-Month Treasury Bill Auction] ⑴ Germany sold €1.5 billion in 12-month treasury bills, with an average yield of 2.908% (compared to 2.945% previously) and a bid-to-cover ratio of 1.5 (also unchanged). ⑵ Germany sold €1.39 billion in 12-month treasury bills, with an average yield of 2.67% (compared to 2.699% previously) and a bid-to-cover ratio of 1.5 (also unchanged).