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Protests erupted across Iran after the rial hit a record low of 1.42 million to the dollar on December 28, driving up food prices by 72% and medicine by 50% over the past year. Demonstrators in Tehran and cities like Hamedan and Kerman demand economic relief while rejecting clerical rule and invoking the pre-1979 monarchy, with Reza Pahlavi urging security forces to join the people. Authorities deployed tear gas but President Pezeshkian called for dialogue on legitimate demands, as no deaths are confirmed yet.

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Shopkeepers in Tehran's Grand Bazaar shut their stalls and blocked streets, drawing thousands who chanted for the return of exiled Crown Prince Reza Pahlavi amid soaring prices.

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Ukraine's anti-corruption bureau charged Timur Mindich and Oleksandr Tsukerman with embezzling around $100 million from state nuclear firm Energoatom through inflated contracts, kickbacks, and laundering. Mindich, a former co-owner of Zelenskyy's Kvartal 95 studio, and Tsukerman now face wanted notices and sanctions from Israel, complicating extradition. The case led to resignations of Ukraine's justice and energy ministers amid the war-torn energy sector's struggles. It tests Zelenskyy's reform promises as nuclear power remains crucial for the nation's fragile economy.

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Raids revealed stacks of cash and a gold-plated toilet in one suspect's apartment, exposing a scheme that drained Ukraine's vital nuclear power funds. The businessmen, tied to Zelenskyy's entertainment past, fled to Israel just before investigators closed in.

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Wilson suggested a Commission for Fiscal Responsibility, drawing former treasurers from both Labor and Liberal—like Steve Bracks and Michael O’Brien—plus auditors and economists to recommend budget fixes ahead of next year's state budget. She called the debt an existential threat, with servicing costs projected to hit $10 billion annually by 2028-29, while promising to protect frontline spending on health, education, and police if her coalition wins in 2026. The government rejected it as a plan for service cuts, amid grim finances showing net debt at 23.7 percent of gross state product and gross debt nearing $188 billion. The exchange highlights the tough choices ahead as both sides grapple with deficits totaling $50.6 billion over six years.

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Jess Wilson, Victoria's new Liberal leader, wrote to Premier Jacinta Allan with a straightforward plea: form a bipartisan panel of experts to tackle the state's ballooning debt before it squeezes essential services.

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Oba Abimbola Akeem Owoade I, who became Alaafin in April 2025, made the assertion while citing colonial records, court rulings, and Oyo's imperial history as proof of its coordinating role over Yoruba monarchs. The event also honored Senator Abdul-Aziz Yari and drew top figures, but it stirred online clashes with claims that the Ooni of Ife plans a rival Aare Ona Kakanfo appointment in 2026—though unconfirmed. Rooted in Oyo's past empire and Ife's spiritual origins, the debate highlights ongoing tensions among Yoruba leaders amid calls for unity.

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At a palace ceremony, the Alaafin installed Seyi Tinubu as Okanlomo of Yorubaland, declaring his throne alone holds power to grant such sweeping honors.

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Bitcoin's value fell below $90,000 this week, causing widespread concern among retail investors on social media platforms. In contrast, El Salvador purchased 1,090 BTC for about $100 million on November 18, raising its reserves to 7,474 BTC despite International Monetary Fund restrictions tied to a loan agreement. The United Arab Emirates expanded its Bitcoin exposure through state-linked funds and mining operations totaling over $1.2 billion, while Luxembourg allocated €7.45 million to Bitcoin ETFs and the Czech National Bank initiated a $1 million test portfolio including Bitcoin on October 30. These developments indicate increasing national adoption of Bitcoin as a reserve asset.

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As Bitcoin crashes below $90,000 igniting retail panic on X, four nations—El Salvador, UAE, Luxembourg, and Czech Republic—boldly increase their holdings.

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Peter Cardwell and former Labour MP Chris Williamson engaged in a heated debate on TalkTV about European countries boycotting the Eurovision Song Contest over Israel's inclusion. Williamson argued that no state has a right to exist, described Zionism as a racist and genocidal ideology, and refused to condemn Hamas as a terrorist organization, citing the right to armed resistance under international law for occupied peoples. Cardwell ended the interview abruptly after challenging Williamson's views on Israel's existence and Hamas.

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Internal Kremlin documents obtained by French services show Moscow's presidential administration approved operations to depict France as both anti-Semitic and Islamophobic, exploiting immigration debates and the Israel-Hamas war. Serbian nationals carried out the vandalism under remote direction from alleged Russian agent Aleksandar Savic, who remains at large after arrests in France and Serbia. The incidents fit a pattern of suspected Russian hybrid tactics, amid France's real challenges with rising hate crimes since October 2023. Neither French authorities nor Russia have publicly confirmed the findings.

Key Takeaway

In May and September 2025, green paint splattered synagogues and pigs' heads marked 'MACRON' appeared at mosques near Paris. French intelligence now links these acts to a Russian scheme aimed at fracturing the nation's unity.

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Protesters, estimated at 20,000, opposed the draft budget's planned increases in pension contributions and dividend taxes, aimed at funding public sector raises amid warnings of EU fiscal rule breaches. Clashes with police injured three officers, but the pressure worked: GERB leader Boyko Borissov ordered the bill's withdrawal by Thursday morning. Prime Minister Rosen Zhelyazkov pledged talks with businesses, unions, and opposition to revise the plan, highlighting tensions in Bulgaria's coalition as eurozone entry nears.

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Thousands filled Sofia's Nezavisimost Square on Wednesday, waving flags and chanting against tax hikes on workers and businesses. Their human chain around parliament sent a clear message that hit home.

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The Israel Defense Forces confirmed eliminating Muhammad Jawad Muhammad al-Bawab, commander of Hamas's Eastern Rafah Battalion, his deputy Ismail Kanaan Abd al-Hay Abu Labdeh, platoon leader Tawfiq Khaled Tawfiq Salem, and security guard Abdullah Azi Ahmed Hamad. Intelligence linked al-Bawab and Abu Labdeh to planning the battalion's attacks on southern Israeli communities during the October 7, 2023, assault, with al-Bawab also directing strikes on IDF troops throughout the war. Hamad was the son of senior Hamas figure Ghazi Hamad. This operation is part of ongoing efforts in eastern Rafah, where over 40 Hamas operatives have been killed in the underground network amid continued dismantling of terror infrastructure.

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Four Hamas operatives stepped out of a tunnel in eastern Rafah, unaware that Israeli forces were watching closely. Moments later, ground troops and airstrikes ended their roles in the group.

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