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The major international headlines today are centered on developments in the Middle East and global trade tensions:
* Middle East Ceasefire and Hostage Release: The major news is the release of all remaining living Israeli hostages held in Gaza by Hamas, as part of a ceasefire deal. Israel has also begun releasing Palestinian prisoners. President Donald Trump is in Israel to mark the ceasefire and is advocating for peace in the region. He also traveled to an Egypt summit on Gaza's future.
* US-China Trade Tensions: Tensions are escalating between the US and China as President Donald Trump is threatening to implement a 100% tariff on Chinese imports, set to take effect on November 1st, in response to China's restrictions on rare earth exports. China has stated it will not back down.
* Madagascar Political Unrest: An elite military unit has reportedly turned against the government in Madagascar, joining youth-led protests against the president, who has warned of an attempt to "seize power."
* Russia-Ukraine War: Russian attacks on Ukraine's energy grid are ongoing, while the war has also been in the news as part of a warning from President Donald Trump that the US may send long-range Tomahawk missiles to Ukraine.
* Nobel Prize in Economics: The 2025 Nobel Prize in Economics was awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their research on innovation-driven economic growth and the theory of growth through "creative destruction."
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