The Trump administration won’t tap $5 billion in contingency funds to keep food aid flowing, so no SNAP payments will go out next weekend

The Trump administration has announced that funding for the Supplemental Nutrition Assistance Program (SNAP) has run dry for November, impacting nearly 42 million Americans who depend on this assistance to buy food. This situation raises concerns about food security for millions of families during a critical time, highlighting the ongoing challenges in ensuring that vulnerable populations have access to essential resources.

The recent US strikes in the Caribbean have sparked significant controversy, with critics accusing the Trump administration of conducting extrajudicial killings of alleged drug traffickers. This raises serious legal and ethical questions about the use of military force in such operations, highlighting the potential for abuse of power and the implications for international law. As the debate intensifies, it is crucial to consider the broader impact on human rights and the rule of law.

The U.S. has imposed sanctions on Colombia's president, Gustavo Petro, and his family, citing allegations of drug trafficking. This move marks a significant escalation in tensions between Petro's administration and the Trump administration, highlighting the ongoing challenges Colombia faces in combating drug-related issues. The sanctions could have far-reaching implications for Colombia's political landscape and its relationship with the U.S., making it a critical moment for both nations.

The Trump administration's recent military action in the Caribbean, which resulted in the destruction of a drug vessel and the deaths of six individuals, raises significant concerns about the ongoing battle against drug trafficking in the region. This incident highlights the lengths to which authorities are willing to go to combat the drug trade, but it also sparks debates about the implications of such forceful measures and the potential for collateral damage.

Stifel has downgraded Snap's stock to a 'Sell' rating due to concerns over slowing ad revenue growth. This decision reflects broader worries about the company's financial health and its ability to compete in the digital advertising space. Investors should pay attention to this downgrade as it may signal further challenges for Snap in maintaining its market position.

The Hong Kong Jockey Club has made a significant move by selling a $1 billion portfolio to Toronto's Dawson Partners, marking a major asset disposal in Asia. This transaction not only highlights the club's strategic financial decisions but also reflects the growing interest of international firms in Asian markets. Such deals can stimulate economic activity and attract further investments, showcasing the dynamic nature of the region's financial landscape.

Argentina's financial markets are poised for a significant rally following Javier Milei's election victory. Investors are optimistic about Milei's proposed economic reforms, which aim to stabilize the economy and attract foreign investment. This shift in leadership could mark a turning point for Argentina, as many hope that Milei's bold policies will lead to recovery and growth after years of economic turmoil.

Analysts are evaluating the financial implications of Indian refiners shifting away from Russian oil. This move is significant as it reflects changing dynamics in global oil markets and could impact pricing and supply chains. Understanding these shifts is crucial for investors and stakeholders in the energy sector.

WuXi AppTec has reported a remarkable 22.5% increase in revenue for the third quarter of 2025, prompting the company to raise its full-year guidance. This significant growth highlights the company's strong performance in the biopharmaceutical sector, reflecting increased demand for its services and products. Investors and stakeholders will be keen to see how this upward trend continues, as it positions WuXi AppTec favorably in a competitive market.

Argentina's recent midterm elections have resulted in a significant victory for Javier Milei and his libertarian party, marking a pivotal shift in the country's political landscape. This win is crucial as it signals a potential overhaul of economic policies aimed at addressing the nation's ongoing financial challenges. Milei's approach promises to bring about substantial changes, which many believe could lead to a more prosperous future for Argentina.

WuXi AppTec has exceeded expectations in its Q3 2025 earnings call, showcasing strong financial results that highlight the company's growth and resilience in the biotechnology sector. This positive performance not only reflects the effectiveness of their strategies but also boosts investor confidence, making it a significant development for stakeholders and the industry as a whole.