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The Daily Context: Today's briefing

Thursday, November 12, 2026

A large grey Mercedes-Benz factory building with a three-pointed star logo on its roof, seen across an empty road in Sindelfingen, Germany, in February 2021
Business

Mercedes-Benz halts new investment in German plants and weighs closures

Mercedes-Benz's management board has stopped all further investment at its German sites and says it will now examine plant closures in concrete terms, after cost-cutting talks with the works council and IG Metall stalled. Executives want longer working hours without extra pay and cuts to bonuses; no plants have been named.

Kabeer Ahmad7 min read

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Entrance of a Muji store at Grand Front Osaka with the brand's Japanese name on a dark red fascia above shelves of luggage, clothing and homeware
Technology

Muji apologises after 1.09 million card numbers it should have deleted were exposed

Ryohin Keikaku, the company behind Muji, apologised on 12 November for keeping about 1.09 million full MUJI Card numbers it should have deleted years ago, which may have been accessed in an October cyberattack. It will pay reissue fees for about 345,000 cards that are still valid, while its Japanese online store remains offline after a separate wave of credential-stuffing logins.

Kabeer Ahmad7 min read
Official portrait of Indonesian Vice President Gibran Rakabuming Raka in a black peci cap, dark suit and red tie, standing in front of the red and white Indonesian flag
World

Indonesia's Vice President Gibran formally resigns: what happens next

Indonesian Vice President Gibran Rakabuming Raka formally resigned on Thursday 12 November, handing his letter to the People's Consultative Assembly (MPR) after court rulings undermined the school documents behind his 2024 candidacy. President Prabowo Subianto must now nominate two candidates, and the assembly has up to 60 days to elect a successor.

Kabeer Ahmad8 min read
A red FDNY Collapse Rescue 1 Mack truck parked on a city street in front of brick and concrete buildings, in a 2012 file photo
World

Brooklyn building collapse: 8 dead, 18 hurt in Flatbush

A three-storey building with a shop and four flats collapsed into a neighbouring excavation pit in Flatbush, Brooklyn, on 11 November 2026. By 12 November officials said eight people had died, including two children and two construction workers, and 18 were injured; prosecutors are examining whether any criminal conduct contributed.

Kabeer Ahmad9 min read
Pushmeet Kohli, Google DeepMind's vice president of research, wearing a red turban and dark blazer, speaks into a microphone while seated on stage in front of a blue and purple screen
Technology

Google DeepMind's AI agents formally verify Signal's encryption code: what it proves

Google DeepMind says AI agents built on its AlphaProof Code framework have mathematically proved key security properties of the compiled code behind the Signal protocol, generating about 6.5 million lines of machine-checked proofs in four weeks. The result covers Signal's core one-to-one encryption library under stated assumptions, not the whole Signal app or every messaging service that uses the protocol.

Kabeer Ahmad7 min read
A white Police Scotland Peugeot 308 patrol car with blue and yellow markings and the words 'Police Poileas', parked on a street outside a police station
World

Hoax bomb threats hit thousands of schools in Italy, Scotland and Ireland

Emailed bomb threats reached about 6,300 state schools in Italy and hundreds more in Scotland, Northern Ireland and the Republic of Ireland on Wednesday, 11 November 2026, prompting precautionary evacuations. Police in every country involved said the threats were not credible, no explosives were found, and investigators are trying to trace the sender.

Kabeer Ahmad7 min read
Marchers on a tree-lined Madrid avenue behind a long white banner reading 'Por el derecho a una vivienda digna' and 'La vivienda es un derecho, no un negocio', with red CCOO union flags behind them
Business

Spain's first general strike in 14 years puts housing crisis at centre of election

Millions of workers in Spain joined a 24-hour general strike on Wednesday, 11 November 2026, the country's first since 2012, to protest against soaring rents and house prices. Unions and tenants' groups put participation at about 4 million, and the stoppage lands less than three weeks before a snap general election on 29 November in which housing is a central issue.

Kabeer Ahmad8 min read
Produce section of a US grocery store with bins of onions in orange mesh bags in the foreground and shelves of fruit and vegetables under a 'Farm Fresh Fruits & Vegetables' sign
Business

US inflation rises 0.4% in October, hotter than expected, as Fed hike looms

US consumer prices rose 0.4% in October 2026, more than the 0.3% economists expected, with core prices up 0.3% for a third straight month, the Bureau of Labor Statistics said on 10 November. The BLS published no annual inflation rate because last year's government shutdown left no October 2025 data, but economists estimate it at about 3.9% to 4%, and the report has strengthened expectations of a Federal Reserve rate rise in December.

Kabeer Ahmad7 min read
Rain-soaked Praça do Comércio in Lisbon under a grey sky, with the Rua Augusta triumphal arch, yellow arcaded buildings and a few pedestrians crossing the wet square
World

Storm Charles: Portugal shuts schools, cancels flights as storm hits

Storm Charles reached mainland Portugal on Wednesday, 11 November, after battering Madeira overnight, prompting the first nationwide closure of Portugal's schools for a storm, hundreds of flight cancellations and the cancellation of Web Summit's second day. By mid-afternoon local time, authorities had logged hundreds of incidents, mostly flooding and fallen trees, but reported no deaths or serious injuries.

Kabeer Ahmad8 min read

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