Sam Bankman-Fried admits to ‘large mistakes’ in crypto fraud trial testimony

Bankman-Fried says his biggest mistake was not implementing a dedicated risk management team for crypto trading platform FTX

Sam Bankman-Fried admitted to making management mistakes while at the helm of FTX, his former multibillion-dollar cryptocurrency empire, during testimony in his defense at trial.

“I made a number of small mistakes and a number of large mistakes,” Bankman-Fried, 31, said in sharing his version of the rise and fall of crypto trading platform FTX. The biggest mistake, he said, was not implementing a dedicated risk management team.

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‘What are they waiting for?’: Britons in Gaza feel abandoned by UK government

Those unable to leave or with family trapped there say they feel hopeless and have had no help

In late August, Nasser Hamid Said made an emergency trip from London to Gaza with his wife and two children after the death of his sister. For the past 20 days the family have been caught up in an altogether different nightmare: sheltering with relatives amid nonstop Israeli airstrikes and growing fears of an invasion.

“I’m fearful for my children,” he said over the sound of airstrikes in the city of Jabalia. “We need from our government just help to get out. What are they waiting for? I don’t understand.”

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Israelis hesitant over Gaza ground invasion amid hostage fears, poll shows

Only 29% of those surveyed backed an immediate offensive, while 49% said it would be better to wait

After the murderous onslaught by Hamas on 7 October, Israelis rallied around the prospect of a swift invasion of Gaza. Benjamin Netanyahu’s government mobilised tanks and reservists amid widespread agreement that Israel needed to enter the enclave and destroy Hamas.

Three weeks later, however, there is still no invasion and many Israelis seem to no longer want one – at least not immediately.

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Swarm of earthquakes in Iceland heralds next volcanic eruption

Scientists say rise in seismic activity confirms south-west region is in buildup phase

A seismic swarm has hit the Reykjanes peninsula in south-west Iceland with more than 5,500 small earthquakes in the last three days, raising the prospect of a volcanic eruption.

Iceland, located between the Eurasian and the North American tectonic plates, among the largest on the planet, is a seismic and volcanic hotspot as the two plates move in opposite directions.

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Why did the US launch airstrikes on Syria and what happens next?

The war in Gaza risks developing into a wider conflict, but for now, the actions seem to be more about messaging between Washington and Tehran

Over the last 10 days, US military bases in eastern Syria and western Iraq have been hit by rockets and drones. There have been 22 such attacks, although details are sketchy and some may not have been counted. More than 20 US service personnel have been injured, though not seriously, and a civilian contractor died of cardiac arrest.

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Emmanuel Macron condemns Viktor Orbán meeting with Vladimir Putin

French president says Hungarian leader’s meeting risks weakening European unity against Russia

The French president, Emmanuel Macron, has condemned the Hungarian leader Viktor Orbán’s recent meeting and handshake with Vladimir Putin.

“In the situation we are in with Russia, we should not use these bilateral contacts to negotiate things about ourselves that would weaken our unity [on Ukraine],” Macron said after a meeting of EU leaders in Brussels.

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Pro-Moscow Ukrainian politician shot in apparent assassination attempt

Oleg Tsaryov, who had been tipped to lead a puppet government after Russia’s 2022 invasion, is in a critical condition

A Ukrainian politician once said to have been considered for leader of a Kremlin-controlled puppet government in Ukraine is in a critical condition after he was shot twice in an apparent assassination attempt at a sanatorium in Crimea.

Oleg Tsaryov, a pro-Kremlin Ukrainian figure who played a prominent political role in the 2014 war against the Kyiv government, was shot twice by an unknown assailant, his associates have confirmed.

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EU leaders says eurozone has shown ‘remarkable resilience’ as they discuss Ukraine, migration and the economy – as it happened

The bloc’s leaders are hosting a series of meetings in Brussels

While European leaders were meeting yesterday with a strong focus on presenting a united front to the world on foreign policy, Hungary’s foreign minister was hanging out with his Russian and Belarusian counterparts.

Luxembourg’s Xavier Bettel, a big personality in European summits, says goodbye at his last European Council.

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UK accused of plan to further cut cost of bananas at expense of poorest African producers

UK refusing to commit to EU pledge to stop cutting tariffs on big producers despite bananas being as cheap today as three decades ago

It is one of the few British supermarket staples to have bucked the trend during the cost of living crisis, with the price of a bunch of bananas today no more expensive today than three decades ago. Every country in the world with cheaper prices than the UK has its own producers of the fruit.

The government has now been accused of pursuing an irresponsible post-Brexit policy that could reduce the price of bananas further in the shops – but at the cost of the livelihoods of thousands of workers on small plantations in some of Africa’s poorest countries.

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Evidence mounts of North Korean arms to Russia in threat for Ukraine

Despite questions over quality, scale of munition shipments indicates Moscow plans to continue conflict for long time

In pouring rain, a jubilant crowd waving pompoms and flowers greeted the Russian foreign minister as he stepped on to the airport asphalt in Pyongyang.

While the heavily choreographed welcoming scenes were a familiar sight in totalitarian North Korea, Sergei Lavrov’s rare visit to the country came amid mounting evidence that Pyongyang has started to provide artillery rounds to Russia, opening up a supply line that could have profound implications for the war in Ukraine.

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Taiwan election may open window for better China ties, report says

International Crisis Group urges all parties including US to re-establish a baseline level of trust

Taiwan’s presidential election in January is a window of opportunity to resume dialogue between Taipei and Beijing, reduce tensions and lower the risk of conflict, an NGO has said.

A war over Taiwan is not inevitable but “the current trajectory is dangerous”, a report by the International Crisis Group says.

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New Zealand gangs may be forced to cover facial tattoos with makeup, incoming government says

Ban on offensive facial markings could come as part of wider crackdown on gangs, National party says

New Zealand’s gangs may have to cover up offensive tattoos with makeup if the incoming government’s crackdown on gang activity goes ahead.

On Thursday, the National party’s police spokesperson, Mark Mitchell, told the national broadcaster RNZ that if its proposed ban on gang patches – large insignia sewn on to jackets, for example – does not work, then it would consider making gang members apply foundation over their facial tattoos, or face arrest.

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Li Keqiang, former premier of China, dies aged 68

Li served as China’s number two leader for 10 years before being sidelined by Xi Jinping

China’s former premier, Li Keqiang, has died suddenly at the age of 68, according to Chinese state media. Li had a heart attack and died in Shanghai early on Friday, according to China’s Xinhua news agency.

“Comrade Li Keqiang, while resting in Shanghai in recent days, experienced a sudden heart attack on Oct 26 and after all-out efforts to revive him failed, died in Shanghai at ten minutes past midnight on Oct 27,” the state broadcaster CCTV reported.

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EU leaders reach agreement on the Middle East calling for humanitarian corridors in Gaza – Europe live

Heads of 27 member states will attempt show of unity at Brussels meeting as disagreements continue over approach to Israel and Gaza conflict

Ahead of the leaders’ summit, a group of Irish members of the European parliament from different political families called for a ceasefire in Gaza.

The group urged “the Council of the European Union to call for an immediate ceasefire, as well as urgent efforts to meet the humanitarian needs of people in Gaza.”

In a statement signed by Clare Daly, Mick Wallace, Chris MacManus, Ciaran Cuffe, Grace O’Sullivan, Billy Kelleher, Colm Markey and Luke Ming Flanagan, they said:

We stress the universal applicability of international humanitarian law, its binding nature on all parties in all conflicts and remind the Council that indiscriminate warfare resulting in the killing of civilians cannot be justified - in any circumstances. Given the intensity of hostilities, and the enormous loss of life that has already occurred, we consider that calling for anything less than an immediate ceasefire would depart from the European Union’s responsibility to uphold international law, to protect human life, and to secure peace.

We see that the Russian war in Ukraine is raging. We see that the horrible terroristic attacks by Hamas on Israel are now also harming the Palestinian people and risk to destabilise the region. Migrants are pushed to search for a better life by war and conflict and come to our shores in greater numbers. With all these challenges, the European Union needs to react and act united and resolute.

This is the reason why I’ve proposed a revision of the EU budget to be able to fund these very important tasks. This will be discussed in this European Council.

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BTS and Taylor Swift fans give Javier Milei and his running mate an earful

Argentinian Swifties say ‘Milei is Trump’ as devotees of BTS decry ‘hatred and xenophobia’ of Victoria Villarruel’s tweets about group

Weeks before Argentina’s run-off election, far-right populist Javier Milei and his running mate, Victoria Villaruel, have found themselves under pressure from an unexpected quarter: an alliance of Taylor Swift supporters and K-pop fans.

Milei, a radical libertarian who has proposed dollarizing Argentina’s economy and even legalizing the organ trade, topped the polls ahead of Sunday’s first round, but was beaten into second place by the centrist finance minister, Sergio Massa.

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Louisiana pastor charged with sexual abuse of teenage girl

Milton Martin, 56, of First Pentecostal Church of Chalmette, accused of abuse of girl, now 28, who was member of congregation

Authorities in Louisiana have charged a Pentecostal pastor with sexually molesting a teenage girl who was a member of his church.

Milton O Martin III, 56, faces one charge each of felony carnal knowledge of a juvenile – colloquially referred to as statutory rape – and of indecent behavior with a minor, records obtained by the Guardian show.

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Arab nations condemn Israel’s Gaza assault during UN debate

US warned over ‘genocide in Palestine’, as foreign ministers challenge targeting of civilians and international law breaches

Arab nations have linked hands with the Global South to challenge Israel and its western backers to end the bombing in a Gaza at the start of a rare two-day emergency debate at the UN general assembly.

In a fierce warning on Thursday the Iranian foreign minister said that if what he described as the genocide did not stop the US would “not be spared from this fire”.

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Joe Biden doesn’t trust casualty figures from Gaza’s health ministry. Experts do

Israel and Joe Biden have shown scepticism about accuracy of rising death toll but others point to historical reliability of data

In this time of war, the health ministry in Gaza has been given its own health warning. Joe Biden has questioned the reliability of its reporting of the number of people killed and wounded during the Israeli assault on Gaza – because the health ministry is run by Hamas.

“I have no notion that the Palestinians are telling the truth about how many people are killed. I’m sure innocents have been killed, and it’s the price of waging a war,” the US president said. “But I have no confidence in the number that the Palestinians are using.”

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Israeli forces enter new phase of war against Hamas with Gaza raid

Significant incursion comes as EU leaders finalise text calling for ‘humanitarian corridors and pauses’

Israeli forces entered a new phase of their war against Hamas in Gaza on Thursday, launching a substantial but limited raid into the coastal strip, in what was described as a probing action in preparation for a more sustained ground offensive.

Infantry backed by tanks and armoured bulldozers moved in under cover of night and attacked Hamas targets in an hours-long raid into the north of the territory, as officials raised the number of hostages confirmed to be held by the militant Islamist group to 224.

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