North Korea: Regime fires “around a dozen” ballistic missiles amid rising tensions with South Korea

Source: France 24 [French state media]

“North Korea fired ‘around a dozen’ short-range ballistic missiles off its east coast on Thursday, Seoul’s defence ministry said, less than a week after South Korea proposed talks over a growing border row. The launches follow a slew of recent weapons tests by Pyongyang, including a new precision-guided torpedo system and an intermediate-range hypersonic missile, both of which were said to employ AI technology. … Thursday’s missile flurry comes against the backdrop of growing tensions over a landmine explosion along the heavily fortified border between the two Koreas that saw three South Korean soldiers wounded.” (10/29/26)

https://www.france24.com/en/asia-pacific/20261029-north-korea-launches-around-a-dozen-ballistic-missiles-amid-rising-tensions-with-south-korea

Fifty Years Ago, Milton Friedman Upended Economic “Expertise”

Source: The Daily Economy
by John Phelan

“Friedman challenged the idea that governments could spend their way to prosperity. Fifty years after receiving the Nobel Prize, his most enduring lessons remain crucial — and largely ignored.” (10/29/26)

https://thedailyeconomy.org/article/fifty-years-ago-milton-friedman-upended-economic-expertise/

The marginalized and the rioters

Source: Adam Smith Institute
by Madsen Pirie

“The recent rioting in France, and in the past in the UK, set me wondering ifrioting and looting are more likely to be done by groups that feel themselves to be marginalized. There is an important qualification. Feeling marginalized raises the odds of joining a riot. It does not explain who loots, or when. The current European wave makes the point. On October 17th some 550,000 people marched in France against the cost of living by the Interior Ministry’s count, and the processions were mostly calm. The violence and looting broke out on the margins, in cities from Limoges and Lyon to Marseille and Paris.” (10/29/26)

https://www.adamsmith.org/blog/the-marginalized-and-the-rioters

Will the AI Investment Splurge Last?

Source: Paul Krugman
by Paul Krugman

“The boom in AI-related spending is already enormous relative to the size of the U.S. economy and is widely expected to grow even bigger. Indeed, a widely cited projection by Stijn Van Nieuwerburgh of the Columbia Business School concludes, based on announced plans by major players in the industry, that this will be the biggest investment boom in U.S. history, measured as a percentage of GDP …. Well, I’m going to make a prediction: This will not happen. Instead, the splurge on AI will run into two walls that will force either postponement or cancellation of many of those announced projects.” (10/29/26)

https://paulkrugman.substack.com/p/will-the-ai-investment-splurge-last

Screwworm Detected for First Time in Arizona as Outbreak Spreads

Source: mint [India]

“New World screwworm was found in Arizona for the first time, detected in a dog, as cases of the deadly parasite accelerate. The US Department of Agriculture confirmed the infection late Wednesday in a dog in Cochise County, Arizona. The spread of the parasitic fly, whose larvae burrow into the wounds of animals, had remained relatively contained since the pest was first detected in the US in June. Most of the early cases were limited to Texas. However, the pace of infections has increased this month, particularly in New Mexico.” (10/29/26)

https://www.livemint.com/news/us-news/screwworm-detected-for-first-time-in-arizona-as-outbreak-spreads-11793231283631.html