Navy has quietly fired some commanders and other officials, drawing congressional pushback

WASHINGTON (AP) — The Navy has quietly fired or removed several top officers in recent months but broke with its usual practice of announcing those changes, drawing pushback from Congress. Two Democratic lawmakers said Thursday that the Navy failed to inform Congress that it fired the entire leadership team of a nuclear-powered attack submarine last…

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Russian crude output rises after Trump’s diesel deal as global oil market returns to surplus

Mucahithan Avcioglu 13 November 2026•Update: 13 November 2026 Russia’s crude oil production rose in October, the same month US President Donald Trump announced a diesel supply agreement with Moscow, as global oil supply outpaced demand, the International Energy Agency (IEA) said Friday. Russian output increased by 210,000 barrels per day to 8.73 million barrels per…

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ECB’s Costa says AI is the most important technology of our era and Europe should fully harness it to raise productivity

Remarks from a governing council member on technology and productivity sit outside the rate-setting channel and typically carry no immediate pricing implication for the front end or for EUR; they matter only insofar as they feed the long-running debate about the neutral rate and potential growth. Central bankers in this position have historically used technology…

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