Hurricane Rafael intensifies to category 3 as battered Cuba braces for new storm

More than 70,000 people reportedly evacuated and military mobilised with hurricane close to making landfall

Hurricane Rafael has intensified into a category 3 hurricane as it nears the coast of western Cuba, which is still reeling from a recent blackout and Hurricane Oscar.

Early on Wednesday it was about 160 miles (260km) south-east of Havana and packing winds of 99mph (160km/h), making it a category 2 hurricane on the Saffir-Simpson scale. Five is the strongest.

Guardian staff contributed reporting

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US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement

Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt

Somalia has announced that more than $1.1bn (£860m) of outstanding loans will be cancelled by the US, a sum representing about a quarter of the country’s remaining debt.

The announcement is the latest in a series of agreements in which Somalia’s creditors have committed to forgiving its debt obligations.

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‘Time for patriots’: global far-right figures celebrate Trump’s win

Jair Bolsonaro, Javier Milei and Giorgia Meloni among those in Europe and the Americas paying tribute

Key members of the global far right have celebrated Donald Trump’s US election win, with tributes to the former president rolling in from Rio de Janeiro to Budapest.

The Hungarian prime minister, Viktor Orbán – who had vowed to toast a Trump win with “several bottles of champagne” – hailed what he called “a much-needed victory for the world!”

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Republicans outline ‘first 100 days’ of Trump presidency – as it happened

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Donald Trump has been elected the 47th president of the United States in a stunning political resurrection that sent shock waves through the country and around the world.

Trump becomes the first convicted criminal to win the White House. At 78 he is also the oldest person ever elected to the office.

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Orbán, Zelenskyy, Macron and European leaders respond to Trump’s win

Public congratulations but private foreboding as heads of state, ministers and diplomats express hopes for cooperation and peace

Western leaders raced to respond to the return of Donald Trump to the White House with a powerful mandate to put his policy of “America first” into action once again. But many of the public congratulations could do little to disguise the private foreboding of what the next four years will augur for European security, populism and the world economy.

Viktor Orbán, the Hungarian prime minister and the European leader closest to Trump, was one of the first to hail his ally’s victory. He posted on social media: “The biggest comeback in US political history! Congratulations to President @realDonaldTrump on his enormous win. A much-needed victory for the world!”

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Trump win is a victory for Netanyahu, but Israeli PM may not get it all his way

US president-elect has indicated he wants an end to war in Gaza and his position on conflict with Iran remains unclear

The US election result is highly consequential for the Middle East and is first and foremost a win for Benjamin Netanyahu, who did not try to hide his preference for a Trump victory.

The Biden administration had put off imposing any meaningful pressure on the Israeli prime minister until after the election, despite its growing frustration with him on multiple issues: the obstruction of aid into Gaza, his campaign against the UN, his obstruction of a hostage-for-peace deal, and his government’s support for violent West Bank settlers.

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Trump tariffs would halve UK growth and push up prices, says thinktank

NIESR warns British economy would be one of the worst affected by protectionist policies

UK growth is likely to be halved by Donald Trump’s victory in the US presidential race if goes on to impose the swingeing new tariffs he has threatened, a leading thinktank has warned.

The National Institute of Economic and Social Research (NIESR) said the protectionist measures planned by the Republican challenger for the White House would result in weaker activity, rising inflation and higher interest rates from the Bank of England.

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Inflation pain helped secure Trump win but his policies mean higher prices

Markets expect his policy package to harm trade and growth but reduce business taxes

Higher share prices. A stronger dollar. A less rapid pace of interest rate cuts. The financial market reaction to Donald Trump’s return to the White House was swift and predictable.

The man who will become his country’s 47th president has made no secret of what he plans to do: cut taxes, impose heavy tariffs on imported goods, place curbs on migration, and slash red tape.

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Donald Trump elected US president in stunning political resurrection

Former president defeats Kamala Harris as voters send Republican back to White House for second term

Donald Trump has been elected the 47th president of the United States in a stunning political resurrection that sent shockwaves through America and around the world.

Trump becomes the first convicted criminal to win the White House. At 78 he is also the oldest person ever elected to the office.

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Wall Street and bitcoin soar to record highs as Trump wins US election

Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third

Wall Street and bitcoin rallied to fresh record highs and the dollar soared after Donald Trump’s victory in the US presidential election, while renewable energy stocks fell.

Trump was declared the winner on Wednesday morning after securing the 270 electoral votes needed to take the presidency.

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North Korea’s involvement in Ukraine draws China into a delicate balancing act

The entry of North Korean troops risks a dangerous escalation in the Russia-Ukraine conflict. It also puts Beijing in a tight spot

In October 1950, barely a year after the Chinese civil war ended, Mao Zedong sent the first Chinese soldiers to fight in the Korean war. Between 180,000 and 400,000 of Chairman Mao’s troops would die in that conflict, including his own son. But it was important to defend North Korea in that battle, Mao reportedly said, because “without the lips, the teeth are cold”.

That Chinese idiom has been used to described China and North Korea’s close relationship for more than seven decades. China sees North Korea as a strategic security buffer in the region, while North Korea relies on its superpower neighbour for economic, political and military support. But that relationship is now under strain thanks to another war which is drawing Communist-rooted countries into a common battle.

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US elections live: Harris makes unexpected stop at DNC headquarters as millions of Americans cast their votes

Harris thanks Democratic staffers in Washington DC and says ‘we have so much work to do’ during phone-banking session

Dispatch from Grand Rapids, Michigan: They just showed a video here of Donald Trump shaving the head of Vince McMahon, the former CEO of WWE, during a wrestling event. It happened in 2007.

Needless to say, Trump hasn’t arrived yet.

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Donald Trump says ‘we made history’ as he closes in on victory with win in Pennsylvania – as it happened

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The state of American democracy and the economy were the top issues on voters’ minds as they cast their ballots in the 2024 presidential election, according to an NBC News exit poll.

The poll’s preliminary results show 35% of voters said democracy mattered most to their vote, while 31% said the economy.

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Protests in Israel after defence minister sacked – as it happened

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Al Jazeera reports that the death toll from an Israeli strike on tents housing displaced people in central Gaza has risen to six, and includes a six-year-old and a four-year-old child.

Lebanon’s Nation News Agency has reported that the Israeli army, which has been staging incursions inside the south of the country, “is booby-trapping and destroying entire neighbourhoods in cities and towns, such that more than 37 towns have been wiped out and their homes destroyed, and more than 40,000 housing units have been completely destroyed.”

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Suspected homicide of politician shocks Antigua and Barbuda

Prime minister of Caribbean island expresses ‘deep shock and sadness’ at death of MP Asot Michael

The prime minister of Antigua and Barbuda has expressed “deep shock and sadness” after the suspected homicide of one of the country’s most prominent MPs.

Asot Michael, 54, was found unresponsive with what appeared to be “multiple puncture wounds about his body” at his home just after 8am, according to police on the Caribbean island. The representative for the country’s St Peter constituency was declared dead at the scene.

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Boots says it will ‘draw lessons’ from research into links to slavery

Report looked into donations to Nottingham universities by Jesse Boot, who expanded pharmacy chain

The high-street pharmacy Boots’s links to the transatlantic slave trade have been revealed in new research that shows how the proceeds of enslavement became entangled with British capitalism.

Jesse Boot, the son of the company’s founder, expanded the chemist with the help of banks and premises linked to slavery. He was not identified as involved in the enslavement of people, the trade of enslaved people or trade in goods made by enslaved people.

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Benjamin Netanyahu fires defence minister Yoav Gallant, triggering protests across Israel

Demonstrators in Tel Aviv and outside PM’s home condemn sacking of Gallant, widely seen by Israel’s allies as a brake on far-right elements of Israeli government

The Israeli prime minister, Benjamin Netanyahu, has fired his defence minister, Yoav Gallant, a figure widely considered by Israel’s international allies to be a brake on the far-right elements of the country’s coalition government, prompting protests around Israel.

Netanyahu said in a video statement late on Tuesday that “significant gaps on handling the battle” in Gaza had emerged.

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Iran claims German-Iranian dissident died before he could be executed

Top Iranian officials previously referred to an execution when reacting to Jamshid Sharmahd’s death on 28 October

Iran has claimed that an Iranian-German duel national who had been sentenced to death died last week before his execution could be carried out.

“Jamshid Sharmahd was sentenced to death, his execution was imminent, but he died before it could be carried out,” the judiciary spokesman Asghar Jahangir told reporters without elaborating. It is understood Tehran claims he suffered a stroke.

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AstraZeneca shares tumble after reports China unit is linked to insurance fraud

Pharmaceutical’s weight loss pill described as ‘underwhelming’, also piling pressure on share price

AstraZeneca shares tumbled on Tuesday wiping £14bn off the value of Britain’s biggest drug maker, after a report that dozens of senior executives at its China unit could be implicated in an insurance fraud case in the country’s pharmaceutical sector.

Also putting pressure on the share price, early data on AstraZeneca’s experimental weight loss pill published on Monday was described as “somewhat underwhelming” by analysts at Deutsche Bank, who reiterated their “sell” rating on the stock.

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