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Daily Briefing

Israel and Hamas raise concerns over lists of people due to be freed, North Korea beefs up the military on its border, and Republican attacks on EVs may fall short as swing states reap investment benefits.

Plus, Italy is no country for young chefs.

By Kate Turton

Today's Top News

Israel's military operates in the Gaza Strip. Israel Defense Forces/Handout via REUTERS

ISRAEL AND HAMAS AT WAR

Israel and Palestinian militant group Hamas have raised concerns over the lists of Israeli hostages and Palestinian prisoners due to be released on the final day of an agreed four-day pause in the fighting, an official briefed on the matter said.
Facing criticism over his failure to prevent the shock Hamas infiltration on Oct. 7, Israel's Prime Minister Benjamin Netanyahu has largely avoided the limelight while conducting a two-front war, one against Hamas and the other for his own political survival.
Listen to Global News Desk Editor Howard Goller on the Reuters World News podcast discussing whether the truce will be extended and Netanyahu's future.

IN OTHER NEWS

North Korea warned it would continue to exercise its sovereign rights, including through satellite launches, while its troops were reported to be restoring some demolished guard posts on the border with South Korea.
Yekaterina Duntsova, who wants to run for president in Russia's 2024 election, said the Kremlin should end the conflict in Ukraine, free political prisoners and halt the slide towards a new era of division between Russia and the West.
Anti-Islam politician Geert Wilders' first appointee, a "scout" to look into viable governing coalitions, has resigned abruptly. Wilders, whose party won the most seats in the recent Dutch election, seeks to form a government with himself as prime minister.
Rescuers brought in "rat miners" to drill through a narrow pipe and help pull out 41 construction workers trapped in a tunnel in the Indian Himalayas for more than two weeks after high-powered machines failed, officials said.
President Joe Biden will not attend a gathering of world leaders focused on climate change in Dubai this week, a US official said. Follow the latest news from the U.N. COP28 climate summit which runs from Nov. 30 - Dec. 12.

Business & Markets

Republican presidential contenders have claimed electric vehicles are a "hoax," they do not work, and they are strengthening China's economy at the expense of American jobs, but EVs are increasingly a source of tax revenue and employment in swing states.
The central bank governors of Poland and Hungary are caught up in noisy disputes with opponents over their rate-setting policy, raising new hazards for investors willing to brave central Europe's bitterly polarized politics.
In its fight to slash carbon emissions, China is offering households incentives to join the fight against climate change. However, critics fear the plan will let big polluters off the hook.
Holiday shoppers in the US are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties.
Drugmakers are seeking to limit their reliance on Chinese contractors who produce drugs used in clinical trials and early-stage manufacturing, a move that is benefiting rivals in India, according to interviews with 10 industry executives and experts.
One of Russia's most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in currency other than dollars.

New crypto front emerges in Israel's militant financing fight

Representations of cryptocurrencies seen in front of displayed Tron logo. REUTERS/Dado Ruvic/Illustration/File Photo

A new front has emerged in Israel's fight against the funding of Iran-backed militant groups from Hamas to Hezbollah: A fast-growing crypto network called Tron.

Quicker and cheaper than its larger rival Bitcoin, Tron has overtaken its rival as a platform for crypto transfers associated with groups designated as terror organizations by Israel, the United States and other countries, according to interviews with seven financial crime experts and blockchain investigations specialists.

A Reuters' analysis of crypto seizures shows a sharp rise in the targeting of Tron wallets and a fall in Bitcoin wallet seizures.

And Finally

Chef Davide Sanna works in the kitchen of Piccola Cucina. REUTERS/Brendan McDermid

Like many young people growing up in Sardinia, Davide Sanna loved Italian cuisine and wanted to have a successful career as a chef. But to do so, he had to move to New York.

Sanna had worked in kitchens on the Mediterranean island and in northern Italy for four years, starting when he was only 19. But he was toiling 60 hours a week to take home just 1,800 euros ($1,963.26) a month.

Italian chefs are leaving the country due to difficult conditions.

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