South Korean President Yoon Suk-yeol calls for "swift action" to punish North Korea in response to the latest missile launches.
S&P 500
-0.94%
$6,220
BTC
-0.48%
$107,961
OIL (WTI)
+1.28%
$67
November 2, 2022 (Wednesday)
1.6 minutes to read
Armed conflicts and attacks
North Korea fires 23 ballistic missiles into the Sea of Japan and Yellow Sea, one of which crossed the Northern Limit Line (NLL), the de facto maritime boundary between North and South Korea, for the first time. Air raid sirens were activated on the South Korean island of Ulleungdo and South Korean fighter jets fired three air-to-surface missiles across the NLL in response to the missile launches.
The United States says that North Korea is "secretly supplying" artillery shells to Russia for use in Russia's war in Ukraine.
Ethiopia and the Tigray People's Liberation Front reach a "permanent" ceasefire agreement at African Union-brokered peace talks in South Africa, exactly two years after the war began.
Kenya officially deploys troops to the Democratic Republic of the Congo to assist an East African Community peacekeeping mission.
Business and economy
The Federal Reserve raises its benchmark interest rate by 0.75 percentage point, to 3.75%, the highest rate since January 2008, amid surging inflation in the United States. Federal Reserve chairman Jerome Powell warns that further rate increases are likely.
International relations
Russia rejoins the Black Sea Grain Initiative following Turkish mediation efforts. Ukraine has reportedly provided written guarantees that they will use the grain corridor in the Black Sea "solely for civilian and humanitarian purposes".
Poland's Minister of National Defence Mariusz BĹ‚aszczak announces the construction of a barrier along the border with the Russian exclave of Kaliningrad, as Poland believes that Russia will use the border to illegally transport African and Asian immigrants to Europe.
The Canadian Broadcasting Corporation announces it will close its Beijing bureau after over 40 years of operation, stating that the Chinese government has been intentionally delaying granting work visas to its reporters for over two years.
Law and crime
Ecuadorian President Guillermo Lasso declares a state of emergency in the provinces of Guayas and Esmeraldas for the next 45 days following the killings of five police officers and the abduction of several prison guards by organized crime members.
Nikolas Cruz receives 34 life sentences for the 2018 mass shooting in Parkland, Florida, United States.
Get the app
