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Brazil’s presidential race: Three key takeaways from the first round | Elections News

Brazil’s closely watched presidential election is heading to a second round between leftist President Luiz Inacio Lula da Silva and right-wing Senator Flavio Bolsonaro, prolonging a deeply polarised race with major implications for the country and the wider region.

Brazil’s electoral court confirmed on Sunday that the two candidates will advance to a run-off on October 25 after neither won the majority needed to secure the presidency outright, with Bolsonaro leading at 55.8 million votes to Lula’s almost 53.2 million.

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Lula, 80, is seeking a fourth, non-consecutive term after a political career spanning nearly five decades.

Bolsonaro, 45, is the eldest son of former President Jair Bolsonaro and is trying to return his father’s right-wing movement to power, even as the former president serves a 27-year prison sentence for plotting a coup after losing the 2022 election.

The election comes at a pivotal time for Latin America’s largest economy. Brazilians are grappling with concerns over crime and the cost of living, while the country faces an increasingly tense relationship with the United States. The vote is also being closely watched across a region that has shifted sharply to the right in a series of recent elections.

While a second round was widely expected, the first-round result did not play out quite as pollsters had predicted.

Here are some of the key takeaways from the election so far.

Brazil is heading for another Lula-Bolsonaro run-off

With nearly 99 percent of votes reported, Bolsonaro had about 47 percent of valid votes, compared with 44.9 percent for Lula. Neither reached the 50 percent threshold needed to win in the first round.

That sets up another Lula-Bolsonaro showdown, four years after Lula narrowly defeated former President Jair Bolsonaro. This time, he will face the former president’s eldest son.

The race could be extremely close, as polling ahead of Sunday’s vote suggested Lula and Flavio Bolsonaro were roughly tied in a potential run-off.

That puts voters who backed one of the other 10 candidates in the first round at the centre of the fight for the presidency over the next three weeks.

Ronaldo Caiado and Renan Santos, who together received about 5.3 million votes, have previously said they will not endorse either candidate in the run-off.

Flavio Bolsonaro did better than polls suggested

Most polls leading up to election day predicted the race would be pushed into the second round, but had Lula finishing the first round ahead of Bolsonaro.

Instead, Bolsonaro emerged with a lead of two percentage points, raising questions about why the final polls underestimated his support.

On Sunday, Bolsonaro said the results showed that Brazilians want change.

Analysts told the Reuters news agency that Bolsonaro may have benefitted from “protest votes” from people who may have preferred another candidate but saw defeating Lula as the priority. Many had been expected to shift their support to Bolsonaro only in a second round, meaning this could have consequences for his support in three weeks.

“The protest vote foreshadows what is to come in the run-off,” political analyst Rafael Favetti told Reuters. “While this should benefit Flavio Bolsonaro now, his growth potential in the second round drops precisely because that support has already been front-loaded.”

After the results came in, Lula said the votes were “unexpected” but that he would come back stronger in the run-off.

“I admit, I was convinced I would win in the first round. The game is about to start. We are in extra time. In extra time, we will win over the Brazilian people,” the 80-year-old said.

The right had a strong night in Congress, too

Bolsonaro’s surprising performance in the first round was part of a broader show of strength for Brazil’s right.

Right-wing parties, led by Bolsonaro’s Liberal Party (PL), were performing strongly in both houses of Congress, with the PL on track to emerge as the largest force in the Chamber of Deputies and making gains in the Senate.

This included victories for other members of the Bolsonaro family, including former First Lady Michelle Bolsonaro, Flavio’s stepmother, who won a Senate seat in the Federal District, her first elected office.

His brother, Carlos Bolsonaro, was elected to the Senate in Santa Catarina.

The results show that the political movement built around former President Jair Bolsonaro – known as “bolsonarista” – remains a powerful electoral force, even with the former president barred from running himself.

“The fact that far-right candidates for the legislature have exceeded all expectations suggests a deeper popular grounding for the bolsonarista project than many expected,” Andre Pagliarini, an assistant professor of history and international studies at Louisiana State University and author of a book on Lula, told Al Jazeera.

“Millions of Brazilians right now evidently feel the right best reflects their values and vision for the future,” he added.

The congressional results matter beyond election night, too. Both houses were already dominated by conservative lawmakers, and a stronger right-wing presence could make it even harder for Lula to push through his agenda if he wins another term.

A Bolsonaro victory, meanwhile, could give him more room to pursue his own priorities, including his pledge to seek an amnesty for his father.

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North Macedonia v Scotland: Key Nations League questions for Sebastien Pocognoli

What should be a little more straightforward is giving Kieron Bowie another start.

The Sassuolo striker was sacrificed just over 10 minutes into his first Scotland start to make space for Welsh in defence.

His partnership with Oli McBurnie showed promising signs in the 20 minutes or so they were together in Slovenia, but there was little time to build on that cameo against the Swiss. Surely he and the Hull City striker will get another chance?

If there were any concerns McBurnie wasn’t up for the fight – five years on from his last international involvement – they have been quashed in these past two games.

His work-rate as a largely solo striker – hauling his team up and holding the ball in – was commendable. If only Bowie was still on the field for the flurry of flick-ons he won in the first half.

Pocognoli has inherited one of the overriding problems Clarke wrestled with during his spell – scoring goals. That’s four games now without one, and the Scots are just 25 minutes away from setting a new – unwanted – record for failing to score.

In 1970-71, they went 447 minutes without finding the back of the net – it’s been 422 minutes of football since McGinn’s deflected strike against Haiti in Boston.

If there’s ever a time, boys…

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Travel expert warns Brits to make 4 key passport checks before half term

A travel expert has issued a crucial warning about the four key checks holidaymakers should make before jetting off abroad, including during the upcoming October half-term

Jetting off abroad is always an exciting time, but it’s easy to get caught out at the airport by common passport mistakes. The passport’s expiry date is an obvious check, while the 10-year rule is equally crucial when travelling to the Schengen area.

However, holidaymakers must also be aware of blank pages in their passports and the overall condition of their travel document. Even the slightest defect in a passport can render it invalid, leaving the traveller unable to fly and missing their holiday altogether.

To help Brits feel prepared before jetting off abroad, particually ahead of the October half-term, a travel expert has issued a warning and highlighted the four key checks to make. It’ll take just a few minutes and could be the difference between soaking up the sun in Malta during that well-earned winter escape and being stuck indoors in the grizzly British weather, wishing you had just checked your passport sooner.

Four key passport checks

On what other crucial checks are required before jetting off abroad, Rhys Jones, travel insurance expert at Go Compare Travel, said: “It’s important to remember that passport rules are about more than expiry dates.” He advised: “Travellers should check whether their passport was issued within the accepted period for their destination, is valid for long enough after their trip, has enough blank pages where required, and is not too damaged to travel.

Brits travelling to countries in the Schengen area must make sure their passport was issued less than 10 years before the date they enter the country. They must also ensure that their passport is valid for at least three months after the day they plan to leave the country.

Passport damage

Inspecting for passport damage is an easy thing to forget to do, particularly by seasoned travellers, but it’s a crucial part of pre-holiday checks. Rhys warned: “A damaged passport can quickly become a much bigger problem than many travellers realise. Water damage is particularly risky because it can warp pages, blur personal details, affect stamps or visas, and make the passport harder to scan or verify. Even if it looks usable to you, airline staff or border officials may decide it is too damaged for travel.

“If you turn up at the airport with a passport that is visibly damaged, you could be refused boarding before you even reach border control. Airlines have to be confident that passengers will be accepted at their destination, so a passport with water stains, peeling laminate, torn pages, missing pages, unreadable details or a damaged chip can lead to serious disruption.”

He advised: “The key guidance is to check your passport well before departure, keep it dry and protected while travelling, and replace it if there is any doubt about whether it will be accepted.”

The expert added: “If you notice damage while you are still in the UK, the safest option is to replace the passport before you travel. But if you are already abroad and your passport is lost, stolen, damaged, full, recently expired or otherwise unusable, you may need to apply for an Emergency Travel Document (ETD). This is designed to help British nationals travel urgently from abroad when they cannot use their passport.

Can travel insurance help me?

It depends on what your policy says. Rhys said: “Travel insurance can sometimes help here, but it depends on the policy and the circumstances. Some policies include cover for lost or stolen passports abroad and may contribute towards the cost of an ETD, replacement documentation, or reasonable extra travel and accommodation costs if the issue disrupts the trip. However, cover limits, excesses and exclusions vary, and insurers will usually expect travellers to report the issue promptly, keep receipts, and take reasonable care of their documents. If your passport was lost because of your own negligence, it’s likely your insurer won’t pay out.”

For more information on passport rules to check, you can visit Go Compare’s guide on their website.

Do you have a travel story to share? Email webtravel@reachplc.com

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Manchester City guilty: What next, how could relegation work and more key questions

The Fraud Act 2006 states that dishonestly making a false representation with the intention of making a gain or avoiding a loss can lead to individuals being imprisoned for 10 years and facing an unlimited fine, if charges are brought and proven.

“Surely the Man City findings are now a police matter,” said Lord Cruddas, a banker and businessman.

“If accounts have been falsified and auditors have been misled then it is potentially a criminal matter. The auditors will call in the police, directors are personally liable for any fraud of a UK company even if it is foreign-owned.”

For the case to move from football wrongdoing to something more, there would first need to be an investigation by the relevant authorities.

The bodies who can investigate potential financial crimes in the UK include regional police forces, the National Crime Agency, HMRC and the Serious Fraud Office.

BBC Sport has contacted each of those bodies and been given no indication that any kind of investigation has begun, but some do not routinely confirm investigations owing to confidentiality.

But former Manchester City chairman David Bernstein – who left the club five years before its current owners took control – raised the possibility during an interview on BBC Radio 5 Live.

“This is very serious and I wonder whether some of these issues might need to be referred to authorities outside of the league,” Bernstein said.

“My immediate thoughts are – can the board of directors continue and should the people involved be suspended immediately?”

Football finance expert Kieran Maguire feels wider investigation may be unlikely.

“HMRC might consider it but there is not a lot for them to go on,” he said. “There is certainly no corporation tax to recover. Football clubs lose money and City would have lost more money had it not been for the activities it undertook.”

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UNGA 81: Five key takeaways from general debate | Explainer News

The 81st United Nations General Assembly (UNGA) concluded on Monday with artificial intelligence (AI), the Israel-Palestine conflict and the US-Israel war on Iran dominating world leaders’ addresses during the general debate.

UN Secretary-General Antonio Guterres, in his final address before his term ends, warned that the future of the world would be shaped by four tests: AI, climate change, wars and inequality.

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“Across all four tests, the decisive issue is power. Power over force, money, energy, technology, rules and the future. That is why the UN Charter – and the work of the United Nations – matter more than ever,” Guterres said.

Speeches ranged from calls to reform the UN to appeals for upholding international law, as the global body has been undermined by the unilateral foreign policy pushed by United States President Donald Trump.

Here are the biggest takeaways from this year’s summit:

Palestine

The situation in Palestine was a key issue among members amid Israel’s ongoing genocidal war on Gaza despite the so-called “ceasefire” and escalating settler pogroms in the occupied West Bank.

France, Canada, Iraq, the United Kingdom and others called for Palestinian sovereignty during their speeches.

“What credibility do we have if we continue to remain inactive in the face of Gaza,” French President Emmanuel Macron said in his address.

“Some boast of a supposed peace, but this peace hasn’t reopened humanitarian routes for a single second,” he said, adding: “Must we stand by and watch this spectacle that shames us all?”

Macron, British Prime Minister Andy Burnham, his Canadian counterpart Mark Carney and Saudi Foreign Minister Prince Faisal bin Farhan Al Saud chaired a meeting at the UNGA on Palestinian statehood, which is being actively undermined by Israel. Israeli Prime Minister Benjamin Netanyahu’s government has accelerated construction of illegal settlements and provided impunity to settlers in the occupied territory.

At the same time, the US-led Board of Peace unveiled a 66-project reconstruction blueprint with proposed funding of $2.4bn for the Gaza Strip on the sidelines of the UNGA.

However, the board’s plan excludes the UN agency for Palestinian refugees (UNRWA), saying it has no role in the future of Gaza. The decision was described by Palestinian political analyst and playwright Ahmed Najar to Al Jazeera as aligned with Israeli efforts to “marginalise and ultimately dismantle the agency, removing it not only from Gaza’s present but from its future”.

Dozens of delegates left the hall in protest as Netanyahu delivered his speech, in which he declared that Israeli forces would continue fighting against Hamas and Iran.

Trump defends military action on Venezuela, Iran

In his address, Trump emphasised that while others spoke of peace, he “made peace”.

Trump defended his actions in abducting the then-Venezuelan President Nicolas Maduro in January and said, since his military operation, hundreds of political prisoners had been freed in the South American country and that Caracas had signed the largest oil deal in history last month, covering “65 billion barrels of oil, which will benefit both Venezuela and the United States enormously and help drive down the cost of energy all over the world”.

“It was perhaps the biggest deal ever made. To the victor belong the spoils – you’ve all heard that,” Trump boasted.

Trump reiterated that he would never allow Tehran to have nuclear weapons and that the 12-day war in July 2025 had “obliterated their nuclear programme beneath mountains of rubble” as the ongoing US-Israel war on Iran had sunk “159 ships of their navy” to the bottom of the sea.

“I have a big decision to make – will a deal be made with Iran that lets them rebuild and create a far greater country than it ever was before … or do I annihilate the Islamic Republic and do it quickly, never giving them a chance to kill and destroy people and countries again,” he said, adding: “I believe we make a deal right after the elections.”

During sideline talks and one-on-one meetings, Iranian officials were in demand.

In his speech to delegates, President Masoud Pezeshkian emphasised that Iran had only “defended ourselves” amid attacks on his country and killings of Supreme Leader Ayatollah Ali Khamenei, scientists and children.

“We are not terrorists, our innocent people have been the targets of cowardly attacks and aggressions imposed upon our country,” he said.

Pezeshkian added Iran would not accept that peaceful nuclear technology is held exclusively in the hands of a few countries.

“We will not bow our head and give up the right that is inherently ours,” he said.

Meanwhile, on the sidelines of the summit, Foreign Minister Abbas Araghchi met his counterparts from India, Qatar, Turkiye, Pakistan, Ukraine and other countries.

He also met US Special Envoy Steve Witkoff and Trump’s son-in-law Jared Kushner in a four-hour meeting mediated by Qatar.

AI dominance

World leaders used their time at the podium to call for a global approach to using AI as interest in the technology grows, but fears that it could escalate if unchecked are also growing.

In his address, Finnish President Alexander Stubb said AI was the “most consequential technology in the history of mankind”.

“It will impact science, the economy, politics, security, and the very essence of our humanity. Humans can and should be in the driver’s seat. We have a choice: we can compete, cooperate or slow down. For me, cooperation is the best way forward,” he said.

While discussions are moving away from a good-versus-bad dichotomy, officials disagreed on approaches.

While Guterres and the European Union called for safety standards and international rules, Trump said AI innovation should not be constrained by international regulation, adding that the US should control its AI sector.

Xi skips the UNGA

Chinese President Xi Jinping skipped the UNGA despite being in the US for a summit with Trump. He sent Vice President Han Zheng to attend.

Xi rarely attends the UNGA. He had sent Premier Li Qiang in his place last year. In 2024, Foreign Minister Wang Yi attended the annual gathering.

Without mentioning Iran in his address, Han reiterated Beijing’s position that “sovereignty and security of countries in the Middle East, including the Gulf, should be respected”.

“China calls for advancing the governance of the West Bank and the post-conflict reconstruction of Gaza in accordance with the principle of the Palestinians governing Palestine. It also calls for bringing the Palestinian question back onto the right track of the two-state solution at an early date,” he said.

Han also called for a “people-centred approach and develop AI for the positive and for good, narrow the digital divide, and promote development that is universally beneficial”.

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Can Democrats flip the House? Here’s the latest in key races

After two years of struggling to slow down the Trump administration agenda under a Republican governing trifecta, Democrats are hoping to capture both chambers of Congress in the upcoming midterms.

All 435 House of Representatives seats are up for election, with 37 considered competitive, 21 of them toss-ups, by the Cook Political Report — a respected polling analysis site. Republicans currently hold a 218-214 edge over Democrats, with two seats vacant and one independent in the chamber.

To control the House, Democrats need a net gain of four seats.

Recent polls have shown Democrats creeping up on or surpassing their Republican opponents as President Trump’s approval rating hovers under 40%, which may offer an opening in unexpected places. But still, in a time when a more progressive wing has risen in popularity on the left, even some moderate Democrats are suffering from associations with the current administration.

Here is a look at five competitive races:

Ohio 7th: Miller vs. Poindexter

Incumbent Republican Max Miller, mired in controversy, will face union ironworker Brian Poindexter in a 7th Congressional District race that went from solidly Republican to a toss-up in the matter of weeks.

Miller, a second-term congressman, is facing a House Ethics Committee investigation after his ex-wife, Emily Moreno — daughter of Ohio Republican Sen. Bernie Moreno — accused Miller of extreme physical abuse, which he has denied.

Miller also faced accusations from former White House press secretary Stephanie Grisham that Miller had abused her during their relationship. An Ohio judge recently ordered both parties to remove social media posts about each other that were considered disparaging.

Brian Poindexter, Democratic nominee for Ohio's 7th Congressional District, speaks.

Brian Poindexter, Democratic nominee for Ohio’s 7th Congressional District, speaks at the Strongsville Democratic Club meeting on Aug. 5 in Strongsville, Ohio.

(Nate Manley / Associated Press)

Poindexter, a relative unknown, has surged in the meantime. According to a Co/efficient poll last month, Poindexter was leading Miller by 14 points, with 86% of respondents claiming they were aware of allegations against Miller.

Poindexter has centered his campaign on strengthening unions, retaining healthcare benefits for retirees and injured workers and raising wages.

Miller has attacked his opponent for a 1998 arrest in which Poindexter, a teenager at the time, allegedly tried to swallow a rock of crack cocaine during a traffic stop. Miller also homed in on an instance of alleged assault at a baseball game in 2013 by Poindexter.

Texas 34th: Gonzalez vs. Flores

Incumbent Democrat Vicente Gonzalez Jr. is attempting to retain his seat against challenger Eric Flores, an Army veteran endorsed by Trump.

Elected in 2016, Gonzalez held the 15th Congressional District for three terms until 2021, when a Texas redistricting shift absorbed his McAllen home into the 34th district. He is currently serving his second term under a new map, which favors Republicans and has shed many of his Latino constituents.

Flores, a political newcomer, made his first national appearance at the Republican National Committee’s midterm convention in Dallas, touting his commitment to border security and accusing Gonzalez of allowing migrants to make the community unsafe.

Immigration looms as an issue in the race. Gonzalez has introduced bills to prevent federal and state immigration enforcement officers from entering homes without an official warrant, and to force agents to wear clear identification. He has publicly criticized raids targeting hospitality, medical and construction workers.

Gonzalez has scored endorsements from several progressive organizations in the state, including LUPE Votes — a subsidiary of La Unión del Pueblo Entero.

In a Barbara Jordan Public Policy Research and Survey Center poll from August, Gonzalez was leading Flores, 45% to 42%, with 8% undecided.

North Carolina 1st: Davis vs. Buckhout

Incumbent Democrat Rep. Donald Davis will have to contend with a district that has grown more conservative to retain his seat against Republican challenger Laurie Buckhout.

North Carolina’s 1st Congressional District was the state’s only swing seat held by a Democrat before last year’s redistricting, which made the area lean Republican. This will be a rematch of the 2024 race, which Davis won by less than 2 points, or around 6,000 total votes.

Laurie Buckhout speaks as President Trump and North Carolina Rep. Jennifer Balkcom look on.

Laurie Buckhout speaks as President Trump and North Carolina Rep. Jennifer Balkcom look on during a campaign rally at the Gastonia Municipal Airport on Sept. 16 in Gastonia, N.C.

(Matt Kelley / Associated Press)

Cook Political Report ranked this race as leaning Republican, calling Davis “the most vulnerable House Democrat in the country.”

It is unclear whether the gerrymandering effort will have been effective enough to make the district flip to Republican. Trump endorsed Buckhout in March and reiterated his support last week.

New York 17th: Lawler vs. Conley

New York Republican incumbent Rep. Mike Lawler is attempting to fend off a challenge from Democrat Cait Conley, a former White House director of counterterrorism on the National Security Council.

Cook Political Report rankings showed that early this year, the 17th Congressional District race went from likely Republican to a toss-up.

Pete Buttigieg went on the campaign trail last week with Conley to promote the candidate’s bid to unseat Lawler.

“Cait is as serious as it gets about keeping our country safe,” Buttigieg said on a rally stage in Tarrytown, “just like she is serious about bringing down the cost of housing, healthcare and energy.”

Lawler has presented a bipartisan image in Congress, but has come under fire in his purple district for aligning himself with the Trump administration on several issues, including his support for the Iran war.

At the Republican National Committee’s midterm convention, Lawler focused much of his speech on lambasting “socialist” Democrats and attempting to appeal to the more “common sense” wing of the opposition party.

“Radical socialists are winning Democratic primaries,” he said. “They claim to be well-meaning, but there is nothing kind-hearted about protecting criminals at the expense of American families … nothing compassionate about prioritizing illegal immigrants.”

Conley, however, has publicly refused to campaign with New York Mayor Zohran Mamdani or Rep. Alexandria Ocasio-Cortez — without condemning either figure — to avoid the open conflict between establishment figures and the more progressive wing of the party.

A July poll from co/efficient showed Lawler leading Conley 50% to 45%, with a nearly 3% margin of error.

Dr. Amish Shah, shown in July, is a Democrat running in Arizona's 1st Congressional District.

Dr. Amish Shah, shown in July, is a Democrat running in Arizona’s 1st Congressional District.

(Ross D. Franklin / Associated Press)

Arizona 1st: Shah vs. Feely

A Democratic PAC plans to invest nearly $1 million to support Democrat state Rep. Amish Shah against Republican Jay Feely, a former NFL player with close ties to the president.

The 314 Action Fund — which seeks to elect Democrats with backgrounds in science, technology, engineering and mathematics — has made a big bet on the Democrat running in the 1st Congressional District, Arizona’s wealthiest, according to the Arizona Mirror.

Former professional football player Jay Feely, shown in April, is the Republican nominee in Arizona's 1st District.

Former professional football player Jay Feely, shown in April, is the Republican nominee in Arizona’s 1st District.

(Ross D. Franklin / Associated Press)

Subsequent ads have brought attention to Feely’s close association with Trump and his recent attendance at the Republican National Committee’s midterm convention in Dallas. Trump won the state by five points in 2024.

Elon Musk has also figured in this race, with his America PAC giving $24,000 to Republican candidates Feely in the 1st District and Juan Ciscomani in the 6th District, according to the Copper Courier.

The Cook Political Report called the 1st District “one of the most competitive … in the country.”

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By the Numbers: Key Trends Driving Private Lending, Finance Talent, and Global Shipping

Key data points tracking shifts in private credit, finance talent, and global shipping costs.

This article appears in the September 2026 issue of Global Finance Magazine.

Each month, Global Finance readers can look forward to our “By the Numbers” feature: A spotlight with key industry metrics that highlight a market in transition. This edition brings you three charts: a break down the numbers driving strategic moves across private lending, corporate talent, and global trade.

US Private Credit Lender Leaderboard for Q2 2026

Despite a significant drop in deal volume from the previous quarter, driven by higher financing costs, interest-rate uncertainty, and a possible AI-driven market correction, direct lenders are still finding opportunities.

Audax led the field by a wide margin, closing 62 deals in the second quarter — 16 more than second-place TPG Twin Brook (46) and 19 ahead of MidCap Financial (43), according to 9fin data. That gap at the top suggests deal flow is concentrating among a handful of active lenders even as overall volume contracts.

Audax led the field by a wide margin, closing 62 deals in the second quarter — 16 more than second-place TPG Twin Brook (46) and 19 ahead of MidCap Financial (43), according to 9fin data. That gap at the top suggests deal flow is concentrating among a handful of active lenders even as overall volume contracts.

Apollo (37), Churchill (36) and Barings (34) formed a tightly bunched second tier, each within three deals of the next. Apogem (32), Blackstone (30), Monroe (27) and Jefferies Credit Partners (25) rounded out the top 10.

Smaller, middle-market-focused shops like Audax and Twin Brook outpaced Blackstone this quarter despite its scale, making the firm’s eighth-place finish notable. Lenders with flexible mandates—rather than the biggest balance sheets—will likely keep writing checks amid higher financing costs and rate uncertainty.


The Finance Workforce Evolution 2024 – 2030

Gartner projects traditional finance talent will shrink to 20% of the workforce, while dedicated digital finance talent grows to another 20% — and 60% of the workforce will be made up of "nondedicated" digital finance talent, employees who blend finance expertise with data, automation and technology skills rather than fitting neatly into either camp.
Source: Gartner

Gartner reports that traditional talent still overwhelmingly staff today’s finance function, with 85% holding conventional backgrounds and just 15% dedicated to digital skills. That balance will flip within four years.

Gartner projects traditional finance talent will shrink to 20% of the workforce. Dedicated digital finance talent will likely grow to another 20% — and 60% of the workforce will be made up of “nondedicated” digital finance talent, employees who blend finance expertise with data, automation and technology skills rather than fitting neatly into either camp.

The shift means the finance department of 2030 will look less like a roomful of accountants and more like a hybrid team built around technology fluency, with only one in five employees carrying a purely traditional finance profile.


Dry Bulk Shipping Market Growth

Increased geopolitical risk, fuel costs, insurance premiums, and operating expenses are fueling a steady growth in shipping costs for the foreseeable future.

Increased geopolitical risk, fuel costs, insurance premiums, and operating expenses are fueling a steady growth in shipping costs for the foreseeable future

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Can Democrats flip the Senate? Here’s the latest in key races

As Republicans contend with President Trump’s deep unpopularity, Democrats are attempting to seize the opening to take the U.S. Senate in the Nov. 3 midterm elections. Polls have shown Trump with an approval rating consistently below 40%, with no end in sight to the Iran war and voters expressing deep economic anxiety.

Republicans currently hold a 53-47 edge in the Senate, and 35 seats are on the November ballot.

Months of polling indicate that eight Senate seats — six of which are currently held by Republicans — are now up for grabs. Democrats will need to win at least four of them, while holding on to two contested seats currently held by their party, in order to flip the chamber.

Five key races are unexpectedly close, with some polls giving Democrats a better edge than expected, but the outcomes are still in doubt, as swaths of voters remain undecided. The Cook Political Report, a leading forecaster, rates each one a toss-up. Here’s how they are shaping up:

Michigan: El-Sayed vs. Rogers

In perhaps the highest-profile contest, former public health official Abdul El-Sayed is facing Republican Mike Rogers for the seat being vacated by retiring Democratic Sen. Gary Peters.

El-Sayed, aligned with the party’s progressive wing, narrowly defeated moderate Rep. Haley Stevens in a heated Democratic primary. He is looking to rally her supporters as well as disaffected Republican voters.

Rogers is courting independents and a cohort of Jewish Democrats who view El-Sayed’s desire to reduce funding to Israel’s military as a dangerous proposition.

According to a CNN/SSRS poll of likely voters released Sept. 9, El-Sayed led Rogers 47% to 44%, a result within the margin of error. Notably, 26% of respondents said they could still be persuaded to vote for either candidate, leaving the race wide open.

The barbs in this race have become deeply personal, with anti-Muslim rhetoric taking center stage.

In a series of ads and artificial-intelligence-generated images, Republican groups — including the National Republican Senatorial Committee and Front Line Action — have cast El-Sayed as a supporter of terrorism. During speeches and interviews, members of the Trump administration, including the president, have repeatedly referred to the candidate by his full name, Abdulrahman Mohamad El-Sayed.

Rogers has continually drawn attention to a campaign event hosted by El-Sayed that included Hasan Piker — a Los Angeles-based online political commentator who recently drew widespread attention for a 2019 comment that “America deserved 9/11” while discussing blowback against U.S. foreign policy in the Middle East.

El-Sayed has railed against Rogers for refusing to debate and for his endorsement by Trump.

This week, El-Sayed stood alone on the Fox 2 Detroit debate stage after Rogers declined an invitation, dubbing his opponent “Mike Dodgers” on several occasions.

Rogers later accused the moderator of bias toward the Democratic candidate. The candidates have agreed to debate on Oct. 8 and 21.

Texas: Talarico vs. Paxton

State Rep. James Talarico is seeking to become the first Texas Democrat elected to the Senate since 1993.

His Republican opponent, state Atty. Gen. Ken Paxton, received Trump’s endorsement and defeated four-term incumbent Sen. John Cornyn in the primary.

While gaining a seat in Texas has long been a far-off dream for Democrats, Paxton’s controversies have dogged him during the race. A Mason-Dixon Research poll showed the Democrat leading Paxton 46 to 43, in a state that Trump won by nearly 14 points in 2024. Other polls, including one from Insider Advantage, had the margin at a single point.

Paxton is seen as a prominent fixture in the MAGA movement, using his position as attorney general to contest Obama-era clean energy and healthcare acts and launching lawsuits against the Biden administration for its immigration policy.

Talarico has made Paxton’s association with the president a key piece of his campaign, slamming Paxton as “the most corrupt politician in Texas” and spotlighting his impeachment by the Texas House of Representatives in 2023 over allegations of bribery, breach of public trust and misuse of his office to aid a donor. (Paxton survived the impeachment vote and denied wrongdoing.)

Several attack ads on Talarico, launched by Republican political action committees, have focused on his past support for transgender youth and accused him of exaggerating his faith to garner the Christian vote.

Maine: Jackson vs. Collins

Six-term incumbent Republican Sen. Susan Collins is hoping to retain her seat as Democratic challenger Troy Jackson attempts to replicate the grassroots success of former nominee Graham Platner’s campaign.

Jackson, a former state lawmaker, was chosen by Maine Democratic Party delegates to run in place of Platner, who dropped out in July after sexual misconduct allegations against him. A former lumberjack, Jackson shares Platner’s working-class background and is running on Medicare for All and increased taxes for billionaires.

Collins has repeatedly demonstrated her staying power and won reelection in 2020 even as the state went blue in the presidential race. Her willingness to stand up to Trump could become a deciding factor this time around; Collins is working to highlight her votes to block Trump’s $1.8-billion Department of Justice anti-weaponization fund and against the Iran war.

She has mostly stuck to promoting her decades-long record on the campaign trail, which has recently focused on increased healthcare access for seniors, workforce development and Social Security benefit increases.

She has faced criticism from Jackson and others over her vote to confirm Supreme Court Justice Brett M. Kavanaugh, who faced sexual assault allegations, which he denied, and later voted to strike down Roe vs. Wade, which had granted a constitutional right to choose an abortion.

Jackson has had difficulty generating the same enthusiasm among voters as his predecessor, Platner, who consistently held town halls across the state and had a viral social media presence. Over Labor Day weekend, Jackson hosted at least a dozen events up and down Maine to make his first public introductions to voters deep into the cycle.

A recent poll from YouGov shows Jackson narrowly leading the incumbent, 46% to 44%, with a crucial 9% undecided.

Alaska: Peltola vs. Sullivan

Former Democratic Rep. Mary Peltola and incumbent Republican Sen. Dan Sullivan are leading a field of candidates — including another Dan Sullivan — ahead of a ranked-choice general vote.

Alaska hasn’t elected a Democratic senator since 1995, giving Peltola an uphill battle in a state that Trump won by 13 percentage points in 2024.

A late July poll by Change Research showed Peltola in the lead by six percentage points. A more recent poll from Alaska Survey Research had the race within 1 point in favor of Peltola.

Much of the media attention surrounding this race, however, has focused on the third-place candidate, who only received 2.5% of the primary vote — and also happens to be named Dan Sullivan.

Dan J. Sullivan, a retired teacher who made the top four in ranked-choice voting, has been accused by Republicans of being a Democratic plant that could potentially confuse voters. Sullivan has denied these accusations and the Alaska Supreme Court decided to keep him on the ballot.

If none of the candidates receive over 50% of first-place ranked-choice votes — which is likely in this race — the last-place candidate will be eliminated, with their vote distributed to their next choice until one candidate receives a majority of the total.

Iowa: Turek vs. Hinson

In a race that has seen the candidates trade political jabs in separate speeches on the same state fairgrounds, Republican Rep. Ashley Hinson and Democratic state Rep. Josh Turek are nearly neck and neck.

According to a Suffolk University poll, Hinson is leading Turek 45% to 40%, in a state where Trump won by 13 points in 2024. A poll conducted by YouGov, however, has Turek in front by a single point.

GOP incumbent Sen. Joni Ernst elected not to run this year, leaving the seat open for a potential flip.

Turek, a two-time Paralympics gold medalist, has attacked Hinson for past campaign ads in which she said: “I don’t trade stocks, and no one else in Congress should either.” Tucker pointed to the fact that Hinson purchased and sold stocks in Amazon, Tesla and insurance firms after she was elected, according to financial disclosure forms.

In return, Hinson criticized Turek for missing over half of his state Legislature floor votes, and labeled him an “anti-ag” activist.

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Welsh rugby’s key signings ahead of 2026/27 season

Cardiff have plenty of firepower in the backs but need to provide a platform if they are to make the next step.

The Blue and Blacks qualified for the play-offs last season by finishing sixth but were comprehensively beaten by Stormers in the quarter-finals.

“It is obvious, our set-piece needs to improve,” said flanker Dan Thomas in the immediate aftermath of the Cape Town loss.

“The Stormers were dominant and we didn’t cope. We knew it was coming and still couldn’t stop it.”

Loose-head prop Scott Sio, who won 74 caps for Australia, arrives from Exeter charged with helping to drive improvement in that department.

“One of the biggest things Cardiff want to pride themselves on is that set-piece,” said the 34-year-old.

“Hopefully I can be a good cog in the wheel there and provide some experience.”

Sio made the last of his 86 appearances for Chiefs in June’s Prem final at Twickenham and still harbours ambitions of reaching a third World Cup, now with Samoa.

“He is very experienced and wants to look after the boys around him in the changing room, in the gym, on the pitch,” said head coach Corniel van Zyl.

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Brussels seeks ‘credible’ outcome in EU-China talks after key negotiators’ call

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The European Commission stepped up pressure on China on Thursday, calling for tangible results with Beijing following a one-hour video call between Trade Commissioner Maroš Šefčovič and his Chinese counterpart, Wang Wentao.


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The EU executive hopes to secure commitments from Beijing to rebalance the trade relationship, as the bloc’s trade deficit with China has been widening by €1 billion a day.

However, Beijing wants to secure access to the EU’s market of 450 million consumers, resisting calls from the Europeans to reduce its exports.

“While genuine engagement remains a priority, it is equally important that first concrete outcomes are delivered at the second session of the Trade and Investment Council in Beijing in October, which the Commissioner will co-chair – a signal that we are moving from rhetoric to results,” the Commission said in a statement after the call.

“That outcome needs to be credible,” the statement added.

The EU-China Trade and Investment Council was launched in June as a dialogue between the two sides, with the Commission setting October as a deadline to reach tangible results.

During the call on Thursday, Šefčovič and Wentao discussed market access on both sides and Chinese export controls on rare earths.

China has a near-monopoly over the production and processing of these strategic materials, which are essential to the EU’s green technology, defence and automotive industries, giving Beijing significant leverage in the negotiations.

The EU is seeking assurances that China will not halt its exports of rare earths again, a year after blocking them amid a trade war with the US. Securing the necessary export licences is essential for EU businesses.

EU leaders expect results

The coming weeks will be crucial for the negotiations, with EU officials expected to make another trip to China for technical discussions before Šefčovič himself travels to Beijing on 8–9 October.

In her State of the Union address to MEPs on Wednesday, European Commission President Ursula von der Leyen also pushed for concrete results in the EU-China talks.

“Words are good. But deeds are better,” she said, making clear that the EU was ready to use all its trade defence instruments to rebalance the trade relationship.

China is also expected to feature prominently on the agenda when EU leaders meet in October. They have tasked the Commission with securing tangible results from its dialogue with Beijing.

In an interview with Euronews, Šefčovič also made clear that, without a “deliverable” to present to EU leaders,“the political interest would be to look for the solution through other instruments.”

The EU has several trade defence instruments such as anti-dumping duties or tariffs against unfair subsidies.

A diversification tool is also in the pipeline, aimed at reducing EU firms’ reliance on Chinese critical minerals for strategic technologies by helping them diversify their sources of supply.

Such a move would come as relations between Beijing and Brussels remain strained, following the Commission’s introduction of several legislative proposals aimed at protecting the EU market. One of them would introduce a European preference for products made in Europe, prompting China to threaten retaliatory measures.

Last summer, China also urged its companies to stop cooperating with the Commission in antitrust investigations, after the EU executive opened a probe in May into e-commerce giant JD.com over concerns about subsidies.

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EES delays update over 9 UK tourist destinations – key details

EES delays update over 9 UK tourist destinations – key details – The Mirror


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Saudi Arabia shuts key oil pipeline after drone attack launched from Iraq

Saudi Arabia has closed a critical oil pipeline after it was attacked by drones launched from Iraq, as conflict in the Middle East widens.

Iraq said it had fired a military commander and launched an investigation after admitting the drone attack on its neighbour’s East-West pipeline had originated in one of its provinces bordering Iran.

The 1,200km (745 mile) pipeline has helped Saudi Arabia – the world’s largest crude oil exporter – bypass the Strait of Hormuz.

The incident comes amid a major advance by the Iranian-backed Houthi rebels in Yemen, putting more pressure on global oil shipping routes as the US-Iran war stretches into its seventh month.

Riyadh on Friday said it had shut the pipeline as a precaution, as satellite images of scorched ground and smoke near the site emerged.

The foreign ministry said the attack resulted in some injuries and damage, which was still being assessed.

The pipeline has been moving 4% to 5% of global oil supply, news agency Reuters has reported, citing ship tracking companies and analysts.

Saudi Arabia has chosen not to retaliate at this stage, its foreign ministry says, following a call from Iraq’s prime minister.

It said the kingdom would “support the efforts of the Iraqi government” to “prevent attacks” launched from the country against neighbouring states.

“The Kingdom of Saudi Arabia affirms that it reserves its right to take all necessary measures to safeguard its sovereignty and security, protect its facilities, and ensure the safety of its citizens and residents,” the statement added.

The Iraqi prime minister’s office in its own statement said the operations commander in the Maysan governorate – a province which borders Iran – had been removed from his post following confirmation the drone attack had been launched from that region.

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Yemen war escalates: Who are the key actors involved? | Explainer News

Yemen’s more than a decade-long civil war has flared up once again after the Houthi rebel group launched an offensive in several locations against Saudi Arabian-backed government forces. The conflict has already spilled over beyond the country’s borders with the Houthis launching an attack on southern Saudi Arabia, targeting oil facilities and wounding dozens of people this week.

The renewed hostilities are the most serious since a United Nations-brokered truce halted large-scale fighting in 2022, after eight years of a full-blown conflict that killed tens of thousands of people in one of the world’s poorest countries.

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So who is involved in this conflict? Here’s a look at the main actors:

The Houthis

The Houthis, also known as Ansar Allah (supporters of God), are an armed group controlling most parts of Yemen, including the capital, Sanaa, and some of the western and northern areas close to Saudi Arabia.

The Houthis emerged in the 1990s but rose to international prominence in 2014, when the group rebelled against Yemen’s government, forcing it to step down and causing a crippling humanitarian crisis.

The group then spent years, with Iran’s backing, fighting a military coalition led by Saudi Arabia. The two warring sides have also repeatedly tried to hold peace talks.

Seen as part of a regional alliance known as the “axis of resistance” backed by Iran, the Shia Zaidi group nevertheless has its own base, its own interests – and its own ambitions.

The Houthis have demonstrated their missile and drone capabilities during the Yemen war in attacks on Saudi Arabia and the United Arab Emirates, targeting oil installations and vital infrastructure. They have also proven resilient, defying more than 10 years of bombing by the Saudi-led coalition, as well as US and British strikes in recent years.

The group has gained international prominence for its attacks on Israel and shipping in the Red Sea since the start of Israel’s genocide in Gaza in October 2023.

Saudi Arabia

Riyadh entered the Yemen war when it led a military coalition against the Houthis in March 2015, seeking to restore the government of then-President Abd-Rabbu Mansour Hadi. Back then, Saudi Arabia and Iran were at the peak of a regional competition, both deeply distrusting each other. An Iran-supported group expanding control at the kingdom’s southern border was unacceptable, hence the military action.

This was before a China-brokered rapprochement between Saudi Arabia and Iran in 2023 marked the beginning of a more practical and less confrontational relationship.

Interactive_Control_Map_Yemen_September8_2026

Presidential Leadership Council

The PLC was established in 2022 when the former president, Abd-Rabbu Mansour Hadi, formally transferred his powers to the new eight-member body.

It represents the internationally recognised government of Yemen, with a mandate to manage the country’s political, security and military affairs, and to steer negotiations towards a permanent ceasefire. It is chaired by Rashad al-Alimi, an adviser to Hadi and former interior minister with the government of the late president, Ali Abdullah Saleh.

Its membership is drawn from a mix of northern and southern politicians and military-linked leaders in a bid to unite major anti-Houthi forces under one roof.

The PLC is backed by Saudi Arabia and the alliance that Riyadh leads.

Islah party

The Yemeni Congregation for Reform, better known as Islah, is a Sunni Islamist movement with historic ties to the Muslim Brotherhood. It is a faction within the recognised PLC-led government but has long had an independent identity. Its major stronghold has long been Marib, the country’s sole gas-producing region with one of its largest oilfields.

Interactive_Keyplayers_Yemen_September8_2026

 

National Resistance Forces

The National Resistance Forces is a government-aligned military faction led by Tareq Saleh, nephew of the late former President Ali Abdullah Saleh.

The force has maintained ties to Saudi Arabia and, like the Islah party, is part of the PLC. It aims for a unified Yemen, positioning itself as a counterweight to both the Houthis and southern secessionists.

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