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The True Brief
Tuesday 10 November 2026·13 items · about 7 min read·Free edition
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Front page · Top story
Fed's Waller says he would support a December rate increase
CENTRAL BANK · Lead story
In a speech at the Bank of England Watchers Conference, Federal Reserve Governor Christopher Waller said: "I believe further tightening of monetary policy will be needed, sooner rather than later, to return inflation to a path that will reach 2 percent in the medium term." He said: "At our most recent meeting, I supported the FOMC majority in holding monetary policy at its current setting." Noting October CPI data were due "in a few hours", he said: "While I am hoping for an improvement over September, even if this occurs, I would still support a 25 basis point increase in the FOMC's policy rate at our December meeting."
Trump says Gulf states prefer the Iran blockade to continue
Official post · not independently verified. After a call with Qatar's prime minister, Trump wrote that "Qatar, Saudi Arabia, UAE, Bahrain, Kuwait, and others, would prefer the status quo, in other words, a continuation of the Greatest Naval Blockade in History, and the new Operation Iron Gate". On X: 232,353 views and 1,084 reposts as of Tue 10 Nov, 04:15 ET.
Zelensky says Ukraine's negotiating team is in the UAE for talks
Official post · not independently verified. Ukraine's president wrote: "Our negotiating team is already in the United Arab Emirates. The first meeting is tomorrow. Our European partners will also be there". He wrote that at the meetings in Abu Dhabi "our team will propose de-escalatory steps". On X: 693,017 views and 1,155 reposts as of Tue 10 Nov, 04:15 ET.
Rubio says "we're on pace" for new Venezuelan Supreme Court magistrates by mid-December
Speaking to reporters in Paris about Venezuela, Secretary of State Marco Rubio said: "we’re on pace, if things continue on scale, to have new supreme court magistrates in place by the middle of next month, in December." He said "the creation of the new electoral council" would follow "very quickly thereafter". Asked about the International Criminal Court, he said: "we’ll have to try a different approach."
Canada announces Russia sanctions on 38 entities and 24 individuals
Official post · not independently verified. Canada's foreign minister wrote that at the G7 foreign ministers' meeting in Paris, "we announced sanctions on 38 entities and 24 individuals." She wrote that those listed include "ballistic missile developers, actors involved in Russian cyber operations and cryptocurrency exchanges that help finance the war". Global Affairs Canada said the listings are under the Special Economic Measures (Russia) Regulations. On X: 13,903 views and 264 reposts as of Tue 10 Nov, 04:15 ET.
Von der Leyen announces €50 million for a Black Sea Maritime Security Hub
Official post · not independently verified. The European Commission president wrote: "We need to operationalise the Black Sea Maritime Security Hub." In a statement in Bucharest with Romania's president, she said that "in agreement with Romania and Bulgaria, we will now fast-track the work on the Black Sea Maritime Security Hub, with a clear timeline for completion, and dedicated funding of €50 million." On X: 39,843 views and 154 reposts as of Tue 10 Nov, 04:15 ET.
Sánchez says Spain's cabinet approved a decree for single-parent families
Official post · not independently verified. Spain's prime minister wrote: "Hoy aprobamos en el Consejo de Ministros un real decreto-ley para reconocer a las familias monomarentales y monoparentales y reforzar su protección social." (our translation: "Today we approved in the Council of Ministers a royal decree-law to recognise single-mother and single-parent families and strengthen their social protection."). On X: 125,714 views and 1,057 reposts as of Tue 10 Nov, 04:15 ET.
Weather Prediction Center flags a threat of snow in the Northeast and Mid-Atlantic late this week
Official post · not independently verified. The National Weather Service Weather Prediction Center wrote: "You may have heard there is a threat for snow in the Northeast/Mid-Atlantic late this week. Here is the latest information on that possibility." On X: 67,841 views and 62 reposts as of Tue 10 Nov, 04:15 ET.
Justice Department sues Lyft, seeking $53 million over disability discrimination
The Justice Department said it sued Lyft in federal court in Northern California, alleging violations of the Americans with Disabilities Act. It said: "The lawsuit seeks $53 million for individuals with disabilities who Lyft has discriminated against, and who have submitted complaints to Lyft or the Department." It also asks for a civil penalty and policy changes. These are allegations in a complaint.
CFTC settles charges with eight people over unregistered foreign broker solicitation
The Commodity Futures Trading Commission said it announced "eight orders filing and settling charges" against eight individuals "for acting as unregistered associated persons of unregistered foreign introducing brokers." It said the brokers solicited orders "for off-exchange leveraged or margined retail foreign currency and retail commodities transactions with U.S. customers who were not eligible contract participants."
EBA cuts requested data for the 2027 EU-wide bank stress test by 55%
The European Banking Authority released the final methodology and draft templates for its 2027 stress test. It said it reduced "the number of required data points by 55%". The test will assess the impact of adverse shocks on banks' solvency under "both baseline and adverse scenarios".
Meloni says Italy's cabinet approved a decree setting a cap on gas used to produce electricity
Official post · not independently verified. Italy's prime minister wrote that the "Decreto Bollette" "stabilisce un tetto al gas utilizzato per produrre elettricità" and that "La misura durerà diciotto mesi" (our translation: "sets a cap on gas used to produce electricity"; "The measure will last eighteen months"). On X: 101,631 views and 286 reposts as of Tue 10 Nov, 04:15 ET.
Paris AI safety declaration lists six governments and ten companies as signers
Official post · not independently verified. France's president wrote that he gathered "une cinquantaine d’acteurs" (our translation: "about fifty participants"), including heads of state and government and AI lab leaders. The declaration, posted by Canada's prime minister, lists Bahrain, Canada, Finland, France, Norway and the Netherlands, and ten companies including Anthropic, Microsoft, Mistral AI and OpenAI. It "remains open to new endorsements". On X: 297,709 views and 445 reposts as of Tue 10 Nov, 04:15 ET.