Washington inches toward reopening as Senate Democrats cut a deal to end the record-breaking shutdown.
In London, the BBC reels from a leadership shake-up after a Trump documentary scandal.
Meanwhile, Beijing and Washington ease trade tensions with reciprocal port fee suspensions, and Bitcoin rockets past $106,000, signaling renewed confidence in crypto markets.
A glance at the major developments this morning.
Senate Democrats strike deal to end shutdown
After 40 tense days of the longest government shutdown in US history, Senate Democrats finally struck a breakthrough deal on Sunday.
In a 60–40 vote, the Senate agreed to move forward with a bipartisan plan to get most of the government back up and running through January 30, 2026.
Eight Democrats crossed party lines to back the measure, bowing to growing frustration from the public over unpaid federal workers and airport chaos caused by the shutdown.
The deal includes guaranteed back pay for federal employees and restores full SNAP benefits, but Democrats had to compromise on one key issue: immediate extensions to Affordable Care Act subsidies.
Instead, they secured a promise for a future Senate vote on those health care provisions.
The agreement now heads to the House, which still needs to approve it before the government officially reopens.
BBC chief quits over Trump documentary scandal
The BBC was thrown into chaos this weekend after both Director General Tim Davie and News CEO Deborah Turness resigned over a major controversy surrounding a Panorama documentary about former President Donald Trump.
The program came under fire for allegedly editing together parts of Trump’s January 6 speech in a way that made it look like he directly urged his supporters to “fight like hell” and storm the Capitol, something critics say was misleading and unfair.
The backlash was swift, sparking accusations of bias and deepening concerns about the BBC’s editorial standards.
Davie said he took “ultimate responsibility” for what happened and that stepping down was his own decision.
Turness, meanwhile, admitted the situation had become too damaging for the organization, saying accountability had to come first. Trump wasted no time responding, blasting the BBC as “corrupt journalists.”
China, US pause port fees amid thaw
China announced it’s suspending port fees on US-linked vessels for a full year starting November 10, 2025, a move that marks a rare moment of calm in the ongoing trade tensions between the two countries.
According to the Chinese transport ministry, the decision comes as part of a reciprocal deal after the US agreed to pause its own retaliatory port fees on Chinese ships.
It’s a small but meaningful step toward cooling things down in the maritime trade arena, where costs and delays have been piling up for months.
The suspension is expected to give global shipping networks some breathing room by easing financial and logistical pressures.
For shipping companies, it’s a welcome bit of relief. And for both Washington and Beijing, it’s a sign they’re at least trying to steer relations, and their shipbuilding industries, back into smoother waters.
Bitcoin blazes past $106K as crypto markets rally
Bitcoin has smashed through the $106,000 mark, setting a new record in what’s shaping up to be one of its most powerful rallies yet.
The surge comes as big financial institutions and corporations continue jumping on board, with some even parking portions of their treasuries in Bitcoin, a sign that mainstream adoption is accelerating fast.
Behind the rally, improvements to the Bitcoin network itself have made transactions more efficient and secure, adding to investor confidence.
This latest high blows past previous records, climbing roughly 60% above the 2021 peak of around $65,000.
Yes, Bitcoin is still volatile as it always has been, but the market’s tone feels different this time.
Stronger network activity, clearer regulations, and a more mature ecosystem are giving investors reason to believe this isn’t just another short-term spike, but part of a longer, steadier climb.
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