Brazil: Flávio Bolsonaro’s passports cancelled after he fails to surrender them

Source: BBC News [UK state media]

“Police in Brazil say they have cancelled the passports of the defeated right-wing presidential candidate, Flávio Bolsonaro, after he failed to comply with an order to surrender the documents. On Monday, the Supreme Court ordered Bolsonaro to hand his passports over to police within 24 hours as part of an investigation into alleged money laundering, which he denies. At the time, Bolsonaro said he had no plans to leave the country, and insisted that he would stay in Brazil to lead the opposition to his left-wing rival, President Luiz Inácio Lula da Silva. However, the deadline has passed without the senator surrendering the passports, prompting speculation he may have left the country. Federal officers are checking border crossings to establish if Bolsonaro may have travelled to neighbouring Argentina, according to a police source consulted by BBC News Brasil.” (10/27/26)

https://www.bbc.com/news/articles/ckly0xpxp243o

How to Create the Most Destructive Financial Bubble in History: Unleash the Finance Quants

Source: Cobden Centre
by Kevin E Villani

“Private market discipline is dynamic: prices adjust continuously as participants update their perceptions. Public prudential regulation is static: fixed rules define the playing field, and market participants optimize within those rules, arbitraging every gap. Once public regulation and ownership crowd out private discipline, political overseers add conflicting social objectives that further distort incentives. The 2008 crash was not a failure of free markets but the catastrophic consequence of unleashing Wall Street finance quants on a socialized housing market.” (10/27/26)

https://www.cobdencentre.org/2026/10/how-to-create-the-most-destructive-financial-bubble-in-history-unleash-the-finance-quants/

Rogue British Agency

Source: Common Sense
by Paul Jacob

“Ofcom has a low batting average in collecting its extortionate fines. This is the UK agency enforcing the UK’s Online Safety Act. Ofcom’s mission includes forcing sundry websites to require all visitors to present proof of age — essentially, to ID themselves. The Act also lets Ofcom compel services that enable encrypted messaging to provide a way to tell whether anything illegal is being said or shown in the messages. That is, compel them to render the encryption pointless.” (10/26/26)

https://thisiscommonsense.org/2026/10/26/rogue-british-agency/

Microsoft gives voluntary buyout offer to about 60,000 employees

Source: CBC News [Canadian state media]

“Microsoft said on Monday it is offering voluntary buyouts to many staff members as the technology giant looks to contain costs and help fund its ‌massive AI investments. The offer was extended to about 60,000 employees according to Microsoft. The company had 223,000 full-time employees ‌globally as of June 30, according to its annual filing, meaning more than a quarter of its global workforce would have received the buyout offer.” (10/26/26)

https://www.cbc.ca/news/business/microsoft-voluntary-buyout-9.7396520

DOJ Just Made the Case for Ranked-Choice Voting

Source: RealClearPolitics
by Greg Orman

“On Thursday the Department of Justice filed a federal lawsuit asking a judge to block certification of the results in one specific case: if [US Senator Daniel S.] Sullivan loses but would have won had [candiate Daniel J.] Sullivan’s votes gone to him. The Justice Department argues that voters will be confused under Alaska’s ranked-choice system. It says the senator’s supporters may not know how to rank the Republicans on the ballot, and some may leave the incumbent off entirely. Election law scholars are skeptical of the suit’s legal footing. The deeper problem, though, is its logic. The confusion DOJ describes is far more damaging under the voting system the administration seems to prefer than under the one Alaska uses.” (10/26/26)

https://www.realclearpolitics.com/articles/2026/10/26/doj_just_made_the_case_for_ranked-choice_voting_154619.html