Posts of MAYHEM MEL NEWS

Crude #American falls 3% and drops to about 93 dollars per barrel https://x.com/ObserverIRQ/status/2117986710919303403?a=LWcxlEz73SC_V_2vAs4&s=20

First “POLITICO Competitive Germany Summit” in Berlin: Woidke Warns of Rising Electricity Prices Due to New Gas-Fired Power Plants – VDA President Müller Calls for a Change in Policy Following the Closures of Schaeffler Plants https://www.axelspringer.com/en/ax-press-release/first-politico-competitive-germany-summit-in-berlin-woidke-warns-of-rising-electricity-prices-due-to-new-gas-fired-power-plants-vda-president-mueller-calls-for-a-change-in

The 2nd Russia–Thailand Investment Forum: Day One BANGKOK, Nov 4, 2026 - The business programme of the 2nd Russian–Thai Investment Forum (RTIF2026) commenced in Bangkok on Oct 30. At the beginning of the official opening ceremony of this major event, dedicated to strengthening economic partnership between the two countries and establishing long-term business ties between Russian and Thai companies, a welcoming address from Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, was delivered to the forum delegates. The Russian Foreign Minister expressed his confidence that the forum would be held in a constructive atmosphere and wished the organisers, participants and guests every success. https://www.bangkokpost.com/thailand/pr/3348589/the-2nd-russiathailand-investment-forum-day-one

New Zealand Dollar Needs a December RBNZ Hike to Staunch the Losses Governor Anna Breman puts the chances of a December rate hike as high, although rising unemployment has cut market conviction and left the kiwi at multi-year lows against the pound. https://www.poundsterlinglive.com/nzd/23834-new-zealand-dollar-december-rbnz-hike-recover

Australian Companies Face Sharp Profit Downgrades Profit forecasts for Australia’s largest companies are being slashed at the fastest rate since the COVID-19 pandemic, as aggressive interest rate rises from the Reserve Bank of Australia threaten to push the economy into a downturn. A wave of earnings downgrades, which began in June, intensified through the annual general meeting season in September and October. Market consensus now expects company earnings on the S&P/ASX 200 Index to grow by less than 7 per cent for the current financial year, a significant drop from the nearly 13 per cent growth forecast just four months ago, according to UBS. This sharp deceleration mirrors the period when COVID-19 fears gripped markets in March 2020 https://www.sharecafe.com.au/2026/11/04/australian-companies-face-sharp-profit-downgrades/

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Colombia’s mining rules reset puts billions back in play Colombia has scrapped two major mining restrictions imposed under former president Gustavo Petro, potentially reopening millions of hectares to exploration and unlocking billions in investment under President Abelardo de La Espriella. https://www.mining.com/colombias-mining-rules-reset-puts-billions-back-in-play/

https://www.livemint.com/opinion/online-views/new-zealands-central-bank-just-made-a-grave-error-fed-chair-kevin-warsh-should-learn-from-it-11793703568609.html

Maltese software company eCabs Technologies has integrated Revolut Pay into its car service platform, offering operators the option of reducing payment processing costs by up to 60%. The integration allows operators using the eCabs platform to process customer payments through Revolut which, according to the company, serves more than 80 million retail customers and 850,000 business customers worldwide. https://www.maltatoday.com.mt/business/business_news/145428/ecabs_technologies_integrates_revolut_pay_cutting_processing_costs_for_car_service_operators

Central Bank of Malta hosts World Bank Group representatives The meetings provided an opportunity to discuss developments and practices in the management of financial assets and to exchange knowledge and expertise on areas of common interest. https://www.maltatoday.com.mt/business/business_news/145476/central_bank_of_malta_hosts_world_bank_group_representatives

Brazil's central bank is expected to halt its easing cycle on November 4 after a market sell-off that followed President Luiz Inacio Lula da Silva's re-election pushed up inflation forecasts. Lula and his allies, meanwhile, are resisting pressure for tougher spending cuts. Policymakers began a two-day meeting on November 3, and the decision is seen as an early test of how the October 25 election has changed the rate outlook, Reuters reported. The bank has cut the benchmark Selic rate by 25 basis points at each of its last five meetings, to 13.75%. A Reuters poll found 33 of 48 economists expected the central bank to hold the rate at 13.75%, with median forecasts showing it unchanged until the second quarter of 2027. https://www.intellinews.com/brazil-central-bank-set-to-pause-rate-cuts-as-post-election-rout-clouds-outlook-481736/

Azerbaijan to keep exchange rate as key inflation anchor in 2027 Exchange rate stability will remain the main anchor for price stability in Azerbaijan in 2027, governor of the Central Bank of Azerbaijan (CBA) Taleh Kazimov said. He made the remarks during a meeting of the Parliamentary Committee on Economic Policy, Industry and Entrepreneurship dedicated to discussing the draft state budget for 2027. According to him, the CBA's primary monetary policy objective in 2027 will continue to be keeping inflation within the target range. Price stability will remain a foundation for balanced and sustainable economic growth. Kazimov noted that monetary policy would continue to be implemented under the existing framework next year, with exchange rate stability serving as the key anchor for price stability. https://www.trend.az/azerbaijan/4242786.html

A one-off RM600 payment for Penang e-hailing drivers will be available in 2027, with applications opening in January through the i-Sejahtera system. The Penang government seeks RM750 million from MCMC for the Communication Infrastructure and Digital Connectivity for the Smart City initiative. This initiative plans to enhance digital infrastructure with fibre-optic networks, AI-based monitoring, and public WiFi in Penang. https://www.malaymail.com/news/malaysia/2026/11/04/penang-e-hailing-drivers-to-get-one-off-rm600-aid-from-2027/242005

Ringgit closes higher vs US dollar ahead of BNM OPR decision The Malaysian ringgit strengthened against the US dollar and other ASEAN currencies, supported by expectations that Bank Negara Malaysia will maintain the Overnight Policy Rate at 2.75% during its policy meeting. Analysts predict consistent economic growth and manageable inflation, with headline inflation remaining within 1.5% to 2.5%. Additionally, Democratic gains in the US Mid-Term Elections bolstered the ringgit by decreasing prospects of US fiscal expansion, affecting Treasury yields and the US dollar. Despite these gains, further appreciation may depend on market perceptions of US Federal Reserve interest rate decisions. https://www.malaymail.com/news/money/2026/11/04/ringgit-closes-higher-vs-us-dollar-ahead-of-bnm-opr-decision/241990

Pound to Dollar Forecast: Democratic Sweep Lifts GBP/USD to 7-Week High The Pound to Dollar exchange rate (GBP/USD) climbed to a seven-week high around 1.3495 as the US Dollar weakened following the Democrats' sweep of both chambers of Congress in the midterm elections. Pound Sterling also drew support from expectations of a Bank of England rate hike on Thursday, with markets now watching whether GBP/USD can break above 1.3500 https://www.currencynews.co.uk/forecast/20261104-47673_pound-to-dollar-forecast-democratic-sweep-lifts-gbp-usd-to-7-week-high.html

Money changers can now open custodial forex accounts Bangladesh Bank has allowed licensed money changers to open foreign currency custodial accounts to ensure the safe handling of cash foreign currencies and reduce risks associated with their transportation. Under the new guidelines, the accounts can be used exclusively for the safe storage, deposit and withdrawal of foreign currency notes, according to a circular issued today. https://www.thedailystar.net/business/news/money-changers-can-now-open-custodial-forex-accounts-4315456

Ebury partners with Form3 for instant payments in Canada UK-based financial services firm Ebury has expanded its partnership with account-to-account payments technology provider Form3 to offer instant payments in Canada through the country's new Real-Time Rail (RTR). Under the agreement, Form3 will connect Ebury to the RTR, allowing it to provide instant payments and cross-border transaction capabilities to its corporate clients in Canada. Founded in 2009, Ebury provides payments, foreign exchange, and currency risk management services to businesses. https://thepaypers.com/payments/news/ebury-partners-with-form3-for-instant-payments-in-canada

Bulgaria's government said it has approved a 6.4% increase in the minimum monthly wage to 660 euro ($738) from January 1, 2027, from 620.20 euro in 2026. https://seenews.com/news/bulgaria-raises-minimum-wage-by-6-4-percent-to-660-euro-for-2027-1304318

Rs10 Banknote to be Phased Out as Pakistan okays New Currency Notes Design Pakistan is preparing for major overhaul of its currency system after the federal cabinet approved new designs for banknotes and decided to replace the Rs10 paper note with a coin to cut printing costs, strengthening security and improving the durability of money in circulation. The decision, taken on Wednesday on recommendation of Ministry of Finance, marks development in the government’s long-running efforts to modernise Pakistani currency and introduce more secure banknotes. https://pakobserver.net/rs10-banknote-to-be-phased-out-as-pakistan-okays-new-currency-notes-design/

11.4 is found in Q 4587, ZERO is in this Q too! AND today is Election Day +1 Q 4587 includes: Election Day +1 Prepare for ZERO-day [massive cyber-power] attacks [attempts] on 11.4 — Q 114 - NOV 05 - think VET 🫡 US Military = savior of mankind. We will never forget. Fantasy land. God save us all. Q https://x.com/LeighAnnEskew/status/2117947533246730660?a=87CiVQtjCVrImAiBb-A&s=20

Labor Minister Mohammed Al-Mousawi discusses the Economic Inclusion Project with the World Bank to empower beneficiaries in Dhi Qar https://x.com/ahadtv/status/2117959933769441297?a=Ck0chkN8mo13dP75TG8&s=20

CBI Tells Channel8: US Dollar Reserves Remain Sufficient The Central Bank of Iraq has sought to reassure the public over dollar availability, saying new cash shipments have reached the country and are being sent to airports in the Kurdistan Region to meet travelers’ needs, as the Iraqi dinar continues to face pressure in the currency market. https://www.channel8.com/english/news/53d2aa71-fb16-46f1-acf9-4f551600b56a

🚨 A massive banking crisis has left millions unable to access their money in Paraguay. One of the country's biggest digital banks has failed, and the crisis has now reached investment funds, public money and the country's political leadership. Ueno Bank serves around 3 MILLION customers, equivalent to nearly 60% of Paraguay's adult population. https://x.com/macropaperr/status/2117916310764134476?a=gOUbwDCh-exhQ0hnZsg&s=20

BREAKING: Gold and silver prices surge after the Democrats take control of the US House and Senate. The metals have added a combined +$1 trillion in market cap today. https://x.com/KobeissiLetter/status/2117926578818810086?a=xw80mXA5O3oQ7EbgyzM&s=20

ON THIS DAY : Iran Hostage Crisis In 1979, a year of enormous social unrest in Iran came to a head with the collapse of the country's monarchy and the establishment by Ayatollah Ruhollah Khomeini of an Islamic Republic. Iran went from being a pro-Western, American-backed nation to one of its arch enemies. This new state of affairs is best symbolized by the 444-day hostage crisis at the US Embassy in Tehran. On November 4, 1979, students broke through the gates of the compound and took most of the staff hostage. Six who had evaded capture were rescued by a Canadian-American effort in early 1980. https://x.com/Ldyheart/status/2117942586837004484?a=0PkaaZoTjSxux7X21FQ&s=20

Here comes the flood of election fraud information. https://x.com/hodlrr17/status/2019807136788910546?a=BFqNx7JjPImtjjYnfv4&s=20

Transport Minister: Land Transport Agreements with Jordan and Egypt to Take Effect Soon https://ina.iq/en/local/53500-transport-minister-land-transport-agreements-with-jordan-and-egypt-to-take-effect-soon.html

PM arrives in the Bahraini capital, Manama The Prime Minister’s media office stated, in a brief release received by the Iraqi News Agency (INA), that "Prime Minister Ali Falih al-Zaidi has arrived in the Bahraini capital, Manama, on an official visit." https://ina.iq/en/politics/53503-pm-arrives-in-the-bahraini-capital-manama.html