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Economy

Trump promised to lower prices for Americans. Here's what the data shows.

Updated on: October 14, 2026 / 9:28 AM EDT / CBS News President Trump campaigned in 2024 on promises to lower Americans' cost of living, vowing to push gasoline prices below $2 a gallon and to deliver 2% mortgage rates. Two years later, consumers face sharply higher costs for many of the necessities he pledged to make more affordable. Less than a month before the midterm elections , the gap between Mr. Trump's promises and the financial realities facing many Americans is fueling voter frustrat

12 min read
Uzbekistan

Tashkent lists addresses of gas shutdowns on October 14

On Wednesday, October 14, natural gas supply will be temporarily suspended in some mahallas of Tashkent due to repair work on gas pipelines. The restrictions will last from 10:00 to 18:00, the Hududgaz Poytaxt gas company reported. Affected areas include mahallas in Shaykhantahur, Chilanzar, Yakkasaray and Yunusabad districts, with thousands of households, multi-apartment buildings and wholesale consumers, including the Minor Jome mosque and the Embassy of Afghanistan, affected. Gas supply will be restored gradually after the work is completed.

2 min read
Economy

Siluanov called on the IMF to return to its core tasks away from "optional" ones

Russian Finance Minister Anton Siluanov, ahead of the IMFC meeting in Bangkok on October 15-17, called on the IMF to return to its original, purely economic mandate. He criticized the fund's weakening of its three functions - surveillance, lending, and capacity development - pointed to the high concentration of its credit portfolio (over 61% of outstanding credit with the five largest borrowers), repeated breaches in 56% of programs with QPC waivers, and uneven application of rules. Siluanov urged the IMF to focus on macroeconomic policy analysis, set specific corrective measures, and strengthen oversight of systemically important reserve currency issuers.

3 min read
World

Six Russians injured in a traffic accident in Antalya, Turkey

A minibus with tourists crashed in Turkey's Antalya province on the Korkuteli - Fethiye highway. Nine people were injured, six of them Russian citizens. The accident occurred around noon near Yukarikarman; the vehicle veered off the road and overturned, reportedly because the driver lost control. The passengers suffered minor injuries and were taken to the Korkuteli hospital. The Russian Union of Travel Industry is clarifying whether organized tourists were among the victims and whether they need help from insurers and tour operators.

1 min read
World

Bulgaria's national security agency confirmed that unknown perpetrators set fire to Starlink antennas near Sofia

Bulgaria's State Agency for National Security confirmed an arson attack on Starlink antennas near Sofia. Agency head Plamen Tonchev said the perpetrators entered through a hole in the fence; the facility is on the list of strategic sites. Opposition politician Ivaylo Mirchev first reported the incident, claiming two masked men burned 11 of 17 antennas and suggesting Russia may be behind it. Interior Minister Ivan Demerdzhiev denied that intelligence services had prior knowledge. This follows a similar arson in Poland in late September, which Warsaw blamed on Russian intelligence services.

2 min read
Economy

PIK shareholders approved delisting

Shareholders of PJSC PIK Specialized Developer approved the delisting and termination of the company's public status. In September, the majority shareholder Nedvizhimye Aktivy, holding just over 98%, demanded a buyout of the remaining shares at 551.4 rubles each — the same price as the April offer. The register of shareholders is fixed as of October 20. The beneficiaries of Nedvizhimye Aktivy are not disclosed, though companies affiliated with Sergei Gordeev owned about 15% of PIK at the end of 2024.

1 min read
World

Otorhinolaryngologist Hasan Kamilov provided emergency assistance to a passenger who lost consciousness aboard an Uzbekistan Airways flight from Tashkent to Seoul on October 11.

Otorhinolaryngologist Hasan Kamilov provided emergency assistance to a passenger who lost consciousness aboard an Uzbekistan Airways flight from Tashkent to Seoul on October 11. The woman had no detectable pulse or blood pressure and was in shock. Using his own medications and the crew's medical supplies, the doctor brought her back to consciousness within 10–15 minutes at an altitude of 10,000 meters. He continued to assist her for another hour, allowing the aircraft to complete the flight without an emergency landing. The airline and the Ministry of Health thanked the doctor and the crew for their prompt actions.

1 min read
World

Houthis say targeted Saudi oil giant Aramco, vow more attacks

Yemen's Houthis said Wednesday they had targeted facilities belonging to Saudi Aramco, after Saudi officials reported a strike on a building in an area housing the energy giant's operations centre. Powerful explosions meanwhile rattled the Saudi capital, as the coalition fighting the Houthis said it had intercepted a missile fired by the Iran-backed group towards Riyadh.

1 min read
Economy

Lufthansa to become new TAP shareholder, Portuguese government says

The Portuguese government announced, after Wednesday's cabinet meeting, that German carrier Lufthansa will become TAP's new shareholder as part of the reprivatisation of the Portuguese airline. "The government is successfully bringing to a close the first phase of the privatisation of our national airline. A process conducted with strict respect for competition, a stringent approach to negotiations and complete transparency vis-à-vis the Portuguese public," Portuguese prime minister Luís Monten

3 min read
World

Suspect in cyberattack on Dodo Pizza chain's system placed under house arrest

The Tverskoy Court of Moscow has placed 20-year-old Denis Fridman under house arrest until December 8. He is charged with a cyberattack on the IT system of the Dodo Pizza pizzeria chain under Part 3 of Article 272.1 of the Criminal Code. According to the investigation, Fridman unlawfully gained access to customers' personal data and, for monetary compensation, passed it to other persons for publication in one of the Telegram channels.

1 min read
Economy

Reasons for the increase in heating and hot water tariffs in Uzbekistan have been named

In Uzbekistan, changes to energy tariffs were discussed: the monthly social electricity norm in non-gasified areas during the heating season will be raised from 200 to 350 kWh, and the price within 201-350 kWh will be reduced from 900 to 650 sums per kWh. From November 1, heating and hot water tariffs will rise by 30%, although the cost of services is 4 times higher than the tariffs. Needy families will receive one-time assistance of 1 million sums, covering over 1 million 17 thousand households. Compensation for electricity and gas consumption above basic norms is extended until April 1, 2028, covering an additional 166 thousand families. A compensation of 3 thousand sums per kilogram of liquefied gas is proposed for Social Register families, and 240 billion sums will be allocated to improve the energy efficiency of 3 thousand houses.

3 min read
World

Russia's Energy Ministry says Russian companies are ready to train African specialists

The Russian Energy Ministry stated that Africa and the Global South are a strategic direction for Russia's energy cooperation. Press secretary Rustam Alypkachev said Russian companies are ready not only to supply resources but also to train African specialists, including through targeted education quotas - Rosatom alone allocates about 100. Energy Minister Sergei Tsivilev co-chairs five intergovernmental commissions with African countries, and an agreement was reached for Russian language to be taught in Central African Republic schools. MEPhI noted significant African student enrollment, and cooperation with the IAEA and RusHydro programs was highlighted.

3 min read
World

In Yemen, fighting has cut off 800,000 people from access to humanitarian aid

Due to the escalation of the armed conflict between the Houthis and the internationally recognized government's forces in Yemen, 800,000 people have lost access to humanitarian aid, and over 18 million face daily food shortages, the UN World Food Programme reported. The situation is worst in Taiz, where more than 600,000 people, including 200,000 women and children, are cut off from aid. The Houthis are trying to retake the city and drive government forces off the strategically important Jabal Sabir mountain. Taiz is Yemen's third-largest city, with key highways leading to Aden, where the recognized government is based. The capital, Sanaa, is controlled by the Houthis.

2 min read
World

The Landtag of Saxony-Anhalt demanded an end to aid to Ukraine

The Landtag of Saxony-Anhalt adopted, by majority vote, a joint resolution by the AfD and BSW demanding an end to military and financial aid to Ukraine and the lifting of sanctions against Russia. The resolution was supported by 44 of 83 deputies; the CDU, SPD, Greens, and Left Party voted against. Minister-President Sven Schulze called it a political show, and Ukraine's ambassador called it "the height of absurdity." The decision is largely symbolic, as these matters fall within the competence of the federal government and the EU.

1 min read
World

EU Summit in Brussels: Energy Prices, Budget Dispute and a Unified Position on Ukraine

EU leaders gathered for a two-day summit in Brussels. The agenda includes gas prices at their highest since the winter of 2022, a dispute over cutting the seven-year budget by €141 billion, trade relations with China, EU enlargement and support for Ukraine. Volodymyr Zelensky will join the leaders on Friday; the draft of the final statements includes regret over Trump's decision to temporarily lift sanctions on Russian diesel.

4 min read
Uzbekistan

Vatan Construction Company

Vatan Construction Company handed over 3,000 apartments on time within the “Yangi Qo‘yliq 1” project, with cadastral documents ready along with the keys. The next 3,500 apartments will be handed over within about 3 months. The next project, “Yangi Qo‘yliq 2”, offers a down payment starting from 29 million soums and monthly payments from 4 million soums.

1 min read